Jul 06 Lebanon caretaker premier pleads for aid as crisis worsens By Sarah El Deeb, Associated Press Lebanon's caretaker prime minister is warning that the country is hurtling toward a "social explosion" and appealed on the international community for assistance to prevent the demise of the nation facing multiple crises. Continue reading
Jul 06 WATCH: Pentagon cancels disputed JEDI cloud contract with Microsoft By Robert Burns, Associated Press The Pentagon said it has canceled a cloud-computing contract with Microsoft that could eventually have been worth $10 billion. The statement did not directly mention that the Pentagon faced extended legal challenges by Amazon. Continue reading
Jul 06 China’s leader denounces calls for technology blockades By Associated Press China's leader Xi Jinping has attacked calls from some in the U.S. and its allies to limit their dependency on Chinese suppliers and block the sharing of technologies. Continue reading
Jul 06 New U.S. rules to protect animal farmers expected soon By Josh Funk, Associated Press The Biden administration plans to issue a new rule to protect the rights of farmers who raise cows, chickens and hogs against the country's largest meat processors as part of a plan to encourage more competition in agriculture. Continue reading
Jul 05 How ransomware attacks are roiling the cyber insurance industry By Frank Bajak, Associated Press Thousands of victims have been identified in at least 17 countries, with ransom demands of up to $5 million reported. The FBI says the scale of the attack means it may not be able to respond to each victim individually. Continue reading
Jul 02 Ransomware hits hundreds of U.S. companies, security firm says By Frank Bajak, Eric Tucker, Matt O'Brien, Associated Press A ransomware attack paralyzed the networks of at least 200 U.S. companies on Friday, according to a cybersecurity researcher whose company was responding to the incident. Continue reading
Jul 02 A quarter of Americans are worried about inflation. Here are 4 things to watch By Courtney Vinopal 26 percent of Americans surveyed in a recent PBS NewsHour/NPR/Marist Poll said inflation was their number one concern regarding the U.S. economy. Here’s a look at some of the factors driving prices up in the U.S. right now. Continue reading
Jul 02 WATCH: Biden speaks on latest gains in jobs report By Christopher Rugaber, Associated Press The report suggested that American workers are enjoying an upper hand in the job market as companies, desperate to staff up in a surging economy, dangle higher wages. Continue reading
Jul 01 Watch 8:58 A tech apprenticeship program helping middle America find jobs without college By Paul Solman Even before the pandemic sent shock waves through the U.S economy, innovation had always been a key to success in business. As part of our "Work Shift" series, economics correspondent Paul Solman looks at one businessman whose determination to locate… Continue watching
Jul 01 Facing skilled worker shortage, U.S. companies try to train their own new labor pools By Levi Pulkkinen, The Hechinger Report With a growing consensus that some sectors of the economy face a shortage of qualified workers, employers are paying entry-level workers to learn on the job. Continue reading