Business News [UP]

The Biden administration on Wednesday banned the biggest sugar producer in the world from exporting to the United States over allegations of using forced labor during its production....Read More

The FDA approved a $3.5 million gene therapy treatment, Hemgenix, which treats people with Hemophilia B....Read More

Federal banking regulators ordered Citigroup to improve its data management practices after finding flaws that could make liquidating, reorganizing or resolving difficult under times of financial stress....Read More

U.S. mortgage applications are up 2.2% from a week earlier but still lower than in 2021, according to the Mortgage Banker’s Association....Read More

Layoffs and job cuts appear to take effect in the latest unemployment figures with the Labor Department reporting Wednesday that 240,000 filed jobless claims for the first time last week....Read More

After the COVID-19 pandemic forced many companies to allow temporary remote work to survive, a new survey finds more than half of all U.S. women would prefer to work from home permanently compared to 44% of...

The Supreme Court has agreed to hear a trademark case from whiskey maker Jack Daniel’s in its fight over a squeaky dog toy, shaped like the iconic square liquor bottle, labeled “Bad Spaniels.”...Read More

South Korean energy equipment company Hanwha Power Systems is among winners of the “R&D 100 Awards” for its achievement in carbon dioxide-related technology....Read More

A deal that would have merged Simon & Schuster with Penguin Random House for more than $2 billion has collapsed following a judge’s ruling three weeks ago that determined the deal violated antitrust laws....Read More

The State of New York announced the first 36 licenses for recreational marijuana dispensaries with sales expected to begin by the end of the year....Read More