RENTON, Wash. — Cash-strapped Boeing is facing mounting costs from an ongoing machinist strike as workers push for higher pay. A failure to get a deal done could be even more expensive. In the shadow of a factory outside Seattle where Boeing makes its best-selling planes, picketing Boeing machinists told CNBC they have saved…
During a recent event celebrating Foot Locker’s 50th anniversary in New York City, it was hard to imagine that the legacy sneaker chain was appearing on bankruptcy watch lists as recently as March. Grammy-nominated rapper Coi Leray was there to celebrate the company with a special performance of her hit song “Players”…
The Federal Trade Commission said Friday that it is suing three drug middlemen, accusing them of inflating insulin prices. The FTC accused the ‘Big Three’ pharmacy benefit managers (PBMs) — UnitedHealth Group’s Optum Rx, CVS Health’s Caremark and Cigna’s Express Scripts — of ‘engaging in anticompetitive and unfair rebating practices…
German Chancellor Olaf Scholz’s Social Democrats (SPD) looked set to fend off the far right in a state election in Brandenburg on Sunday after trailing behind the Alternative for Germany (AfD) throughout the campaign, exit polls indicated. The SPD, which has governed the state surrounding the capital Berlin since reunification in 1990, scored 31.8% of the…
An Israeli airstrike reduces a nine-story apartment building in Beirut’s southern suburb to a large mound of rubble. A man covered in dust flails lifelessly in the arms of a rescuer. A corpse in a body bag is whizzed past parked ambulances on the back of a quad bike. Suspicion…
The last 48 hours has seen the most intense exchanges of fire between Israel and Hezbollah in almost a year of war in Gaza, as the Lebanese militant group fired projectiles deeper into Israeli territory than has previously been seen. On Saturday Israel pounded Hezbollah targets with nearly 300 strikes…
Israeli Prime Minister Benjamin Netanyahu is considering a plan to force all Palestinian civilians out of northern Gaza, including Gaza City, in order to lay siege to Hamas and force the release of hostages. It is unclear how many Palestinians remain north of the so-called Netzarim Corridor, which splits Gaza…
Israel’s military has raided and ordered the closure of Al Jazeera’s office in Ramallah, in the occupied West Bank, the network said. Al Jazeera broadcast live footage early on Sunday of Israeli soldiers entering its offices in Ramallah, capturing the reactions of bureau chief Walid Omary and staff members live…
Namazi previously spoke with Amanpour by phone in March 2023 from inside Iran’s notorious Evin Prison, in what was an unprecedented interview. He was the longest-held Iranian-American prisoner, excluded from three separate deals that freed other detained Americans during the Obama and Trump administrations. ‘The smell of freedom’ On 18 September 2023,…
Ukrainian President Volodymyr Zelensky toured a Pennsylvania ammunition plant on Sunday as he began a key visit to the United States in which he is expected to present his blueprint to defeat Russia to President Joe Biden and other allies. Zelensky will fully outline his “victory plan” – which includes Kyiv’s long-stated request to use…