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Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far
Business

Samsung to Launch New Galaxy Z Fold, Flip Phones Amid Slow Adoption So Far

The smartphone maker on Wednesday will show off the latest models of devices that have had limited success outside of South Korea. Source link

Foreigners Will Benefit From U.S. Climate Subsidies, and That Is Good News
Business

Foreigners Will Benefit From U.S. Climate Subsidies, and That Is Good News

The U.S. will need to be a player in key industries if it wants to retain its perch as the world’s top economy. But it

British Billionaire Joe Lewis Charged With Insider Trading
Business

British Billionaire Joe Lewis Charged With Insider Trading

Prosecutors say the owner of Tottenham Hotspur of tipped off pilots, lovers and associates. Source link

Snap Revenue Falls Amid Efforts to Retool Advertising Business
Business

Snap Revenue Falls Amid Efforts to Retool Advertising Business

The owner of Snapchat reported progress in the overhaul of its ads platform but offered a cloudy outlook for the current quarter. Source link

KKR to Sell Audiobook Publisher RBmedia
Business

KKR to Sell Audiobook Publisher RBmedia

H.I.G. plans to pay more than $1 billion for the company, including debt, according to people familiar with the situation. Source link

UPS, Teamsters Reach Agreement on New Contract
Business

UPS, Teamsters Reach Agreement on New Contract

The five-year labor deal would prevent strike by roughly 330,000 package delivery drivers and package sorters. Source link

New Engines on Hundreds of Airbus Jets Recalled for Inspection
Business

New Engines on Hundreds of Airbus Jets Recalled for Inspection

RTX said its Pratt & Whitney engines affected by contaminated metal parts. Source link

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia
Business

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source link

Biogen to Cut Roughly 11% of Workforce
Business

Biogen to Cut Roughly 11% of Workforce

The biotech cited the launch of Alzheimer’s drug Leqembi as part of its new focus on big-return products. Source link