Business News [UP]

The Supreme Court rejected an appeal from Bayer, the maker of Roundup, to end thousands of lawsuits over claims the weedkiller causes cancer....Read More

Mega food producer Kellogg announced on Tuesday that it’s spinning off into three new companies that will be responsible for its cereal, snacking and plant-based products....Read More

China’s imports of Russian crude oil rose 55% year-over-year to a record-high 8.42 million tons in May as oil prices have declined with Russia facing punitive measures over its invasion of Ukraine....Read More

Medicare could have saved $3.6 billion in 2020 by buying generic prescription drugs at the same prices offered by billionaire entrepreneur Mark Cuban’s direct-to-consumer online pharmacy, a new study says....Read More

Hundreds of flights were canceled nationwide and thousands were delayed over the weekend due to various factors, including staffing shortages and severe weather....Read More

A new law restricting imports from China’s western Xinjiang Province goes into effect on Tuesday, giving U.S. customs officials broad authority to stop goods linked to forced labor of the Uighur minority....Read More

A downward market trend slowed somewhat Friday after steep declines earlier in the week, but all three major U.S. indices were in the negative for the week....Read More

Three U.S. Senators are calling on the Commerce Department to develop a plan to deal with the lack of a common charger standard for electronic devices....Read More

Federal Reserve Chairman Jerome Powell said Friday that the central bank is “acutely focused” on bringing down inflation....Read More

President Joe Biden on Friday reconvened leaders of the Major Economies Forum on Energy and Climate in a bid to galvanize global climate, energy and food security actions....Read More