US producer price inflation eases to still-high 8.5%
WASHINGTON — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high…
AP Wire
German government: Economy to shrink in 2023 as war bites
BERLIN — The German government on today slashed its growth forecast for this year and predicted that Europe’s biggest economy would shrink in 2023 as…
United Airlines starts early on summer 2023 plans for Europe
DALLAS — Buoyed by full planes across the Atlantic this summer, United Airlines is planning another increase in its summer service from the United States…
Toyota begins making cars in Myanmar after delay due to coup
BANGKOK — Toyota Motor Corp. has begun assembling autos in Myanmar after a more than yearlong delay following a military takeover in February 2021. The…
Putin says Russia could increase gas supplies to Europe
MOSCOW — Russian President Vladimir Putin said today that Moscow is ready to resume gas supplies to Europe via a link of the Germany-bound Nord…
Europe turns to Africa in bid to replace Russian natural gas
DAKAR, Senegal — A new liquefied natural gas project off Africa’s western coast may only be 80% complete, but already the prospect of a new…
PepsiCo: Q3 earnings snapshot
PURCHASE, N.Y. — PepsiCo Inc. today reported third-quarter net income of $2.7 billion. On a per-share basis, the company said it had profit of $1.95….
Honda, LG to build $3.5 billion battery plant, hire 2,200 in Ohio
COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it…
Labor proposal could upend rules for gig workers, companies
The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled…
General Motors broadens electric goals with new division
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as…