February 27, 2021

US Treasury Secretary Janet Yellen told her G20 colleagues Friday that Washington is dropping a push for a controversial provision in a global digital tax, opening the door to a likely agreement.The US shift — part of a broader repositioning by President Joe Biden from the “America First” agenda of former President Donald Trump —

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October 29, 2020

Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes. The company said that when retirements and other employee departures are included, its workforce will shrink to about 130,000 by the end of next year, or 30,000 fewer

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October 29, 2020

Four years after he won the Midwest by vowing to revitalize the U.S. manufacturing workforce, President Donald Trump is campaigning for reelection on a job well done. The numbers tell a different story. The president’s anti-trade agenda and a pandemic-induced recession have combined to shutter factories and accelerate trends toward automation. Source: Trump hails ‘manufacturing

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August 31, 2020

Amazon’s Drone Delivery Fleet Hits Milestone With FAA Clearance. (Bloomberg) — Retail behemoth Amazon.com Inc. took a big leap toward delivering goods from the sky by becoming one of only a handful of companies certified by the U.S. government to operate as a drone airline. The Federal Aviation Administration designated Amazon Prime Air an “air

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August 7, 2020

WASHINGTON (AP) — The United States added 1.8 million jobs in July, a pullback from the gains of May and June and evidence that the resurgent coronavirus is weakening hiring and the economic rebound. At any other time, hiring at that level would be seen as a blowout gain. But after employers shed a staggering

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August 3, 2020

The Trump administration is looking at options for unilateral actions it can take to try to address some of the economic fallout caused by the novel coronavirus pandemic if no relief deal is reached with Congress, according to two people with knowledge of the deliberations. The discussions are a reflection of officials’ increasingly pessimistic outlook

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