New York (CNN Business)The CEO of Ryanair let loose a scathing, obscenity-laden attack on Boeing management Monday, saying company executives need either an immediate “reboot, or a boot up the a**.” “At the moment we think Boeing management is running around like headless chickens, not able to sell aircraft, and then even the aircraft they deliver, they’re not able to […]

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UPDATED: A Westwood man was sentenced today to more than 17 years behind bars for his role in supplying the fentanyl-laced pills that led to rapper Mac Miller’s fatal overdose four years ago. Stephen Walter was sentenced to 210 months in federal prison, according to the U.S. Attorney’s Office. Walter, 49, pleaded guilty last year to a federal count of […]

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New York (CNN Business)Prices at the pump continue to shatter records ahead of Memorial Day weekend. The national average for regular gas hit a fresh record of $4.48 a gallon Monday, according to AAA. That marks an increase of 15 cents in the past week and 40 cents in a month. Gas prices are now up by 27% from the […]

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Asian stock markets are trading mostly lower on Tuesday, following the continued sell-off on Wall Street overnight, as traders remain concerned about slowing growth, soaring inflation and prospects of tighter policy moves by global central banks to combat persistent inflation. Worries about the impact of the Ukraine war, and the ongoing lockdown in Shanghai are also weighing on market sentiment. […]

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The view of Ford and General Motors was boosted as the electric vehicle (EV) market improved and they created plans to dominate it. The new Ford F-150 Lightning added grist to that mill. If Ford could manufacture an electric version of the county’s most popular vehicle, then it and GM could expand the transition from popular petroleum-fuel models to EVs […]

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New York (CNN Business)Wide leg jeans, butterfly clips and half-point rate increases: The 1990s are back. Earlier this month Federal Reserve chair Jerome Powell announced a half-percentage-piont increase in interest rates, the largest hike in over two decades. Powell also indicated that he wouldn’t hesitate to do it again — a move straight out of the central bank’s 1994 playbook, […]

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‘According to CMIE data, employment in manufacturing saw a reduction from 51 million in the country in 2016 to 27 million in 2021.‘That is, it has halved in just 5 years.‘At the same time, the national lockdown resulted in reverse migration to rural areas, and an increase in the number of workers in agriculture.‘It also means joblessness has increased in […]

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‘According to CMIE data, employment in manufacturing saw a reduction from 51 million in the country in 2016 to 27 million in 2021.‘That is, it has halved in just 5 years.‘At the same time, the national lockdown resulted in reverse migration to rural areas, and an increase in the number of workers in agriculture.‘It also means joblessness has increased in […]

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MumbaiIndia banned wheat exports on Saturday — days after saying it was targeting record shipments this year — as a scorching heat wave curtailed output and domestic prices hit a record high. The government said it would still allow exports backed by already issued letters of credit and to countries that request supplies “to meet their food security needs.” The […]

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EXCLUSIVE: The WWE is set to show off its media moves on Monday at both the NBCUniversal and Fox upfront presentations. It is hardly the first trip to the Madison Avenue ring for the wrestling circuit. But compared with 2019, the last time the upfronts were held in person, the WWE will be point to even more evidence of its […]

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