Business

The European Union General Court has invalidated a $6 billion pandemic aid package for Germany’s top airliner Lufthansa after the European Commission was found to have committed several errors in approving the funds....Read More

Paramount laid off 25% of its domestic TV networks’ staff and shut down MTV News on Tuesday as the company finalizes its merger of Paramount+ with Showtime....Read More

South Korea’s autonomous driving solutions company HL Mando said Tuesday its AI robot is set to begin patrolling the grounds of a large apartment complex....Read More

Investment giant Goldman Sachs said on Monday it will pay $215 million to settle a 13-year-old class-action gender discrimination lawsuit over biases in pay, performance evaluations and promotions....Read More

Low-cost European airline Ryanair said Tuesday it signed an agreement to secure as many as 300 737 MAX models from manufacturer Boeing....Read More

Norwegian energy company Equinor said Monday it was joined by its Brazilian counterparts in making a final investment decision to tap an offshore basin with more than 1 billion barrels of oil equivalent reserves....Read More

Consumers are fretting over long-term inflationary pressures, while at the same time worrying about the risk of losing their jobs, survey results from the New York Fed showed....Read More

A steady decline in the price of crude oil continues to make its way to the consumer level, with this week marking the third in a row for a decline in retail-level gasoline prices, data show....Read More

Pointing to the billions of dollars in health-related costs associated with pollution from the oil and gas industry, researchers called on the federal government to hurry up with new regulations....Read More

The U.S. Navy is preparing to christen a new Virgina-class nuclear submarine, the USS Massachusetts, on Saturday....Read More