US productiveness exhibits greatest annual decline on file in second quarter

Aug 9 (Reuters) – U.S. worker productivity fell in the second quarter at its steepest annual pace since 1948 when the Labor Department began tracking it, while growth in unit labor costs accelerated, suggesting strong wage pressures will continue to help contain inflation elevated. Nonfarm productivity, which measures hourly output per worker, fell 2.5% from … Read more

Afghan Muslim Arrested in Homicide That Rocked New Mexico’s Islamic Group

ALBUQUERQUE, N.M., Aug 9 (Reuters) – A Muslim immigrant from Afghanistan has been arrested as the main suspect in the serial killings of four Muslim men that rocked the Islamic community in New Mexico’s largest city, police said on Tuesday. After days of beefing up security around Albuquerque-area mosques in an effort to quell fears … Read more

China’s manufacturing facility inflation hits 17-month low, shopper costs rise

A worker walks past steel coils at the Chongqing Iron and Steel Plant in Changshou, Chongqing, China August 6, 2018. REUTERS/Damir Sagolj/File Photo Register now for FREE unlimited access to Reuters.com Register Producer inflation in July lowest since February 2021 Consumer inflation in July at the highest level in two years The PBOC is seen … Read more

Google backs up after brief outages – Down detector

Broken Ethernet cable is seen in front of the Google logo in this illustration taken March 11, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register August 8 (Reuters) – Alphabet Inc (GOOGL.O) Google services appeared to be back after facing a brief global outage on Monday, according to outage tracking website … Read more

Hollywood actress Anne Heche in a coma after a fiery automotive accident

Anne Heche attends the premiere of the movie ‘The Tender Bar’ at The TLC Chinese Theater in Los Angeles, California, U.S., December 12, 2021. REUTERS/Aude Guerrucci Register now for FREE unlimited access to Reuters.com Register LOS ANGELES, Aug 8 (Reuters) – Hollywood actress Anne Heche remained in hospital in critical condition, in a coma and … Read more

US OKs first Boeing 787 Dreamliner supply since ’21 sources

Boeing’s logo is displayed on a screen at the New York Stock Exchange (NYSE) in New York, U.S., August 7, 2019. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 8 (Reuters) – The U.S. government on Monday approved the first Boeing (PROHIBIT) 787 Dreamliner for delivery starting in 2021, paving … Read more

With money, Pfizer buys World Blood Therapeutics for $5.4 billion

Aug 8 (Reuters) – Pfizer Inc agreed on Monday to pay $5.4 billion in cash for sickle cell disease drugmaker Global Blood Therapeutics (GBT.O)as it looks to benefit from a boost in revenue from its COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, representing a 7.3% premium to its Friday closing price … Read more

Michigan AG Alleges Trump Supporters Conspired to Hack Voting Gear

Aug 8 (Reuters) – Michigan Attorney General Dana Nessel claims her Republican political opponent in the November election orchestrated a conspiracy with a state lawmaker and a lawyer to break into voting equipment in a hunt for evidence to prove former President Donald Trump’s bogus voter fraud claims. The allegation that Nessel’s Republican challenger, Matt … Read more

The unwitting winners of France’s drought: salt farmers

LE POULIGUEN, France, Aug 8 (Reuters) – Through blistering heat waves and drought that have parched the French countryside in recent weeks, one group has emerged a reluctant winner: salt farmers in the northwestern region of Guerande. Guerande’s snow-white Fleur de Sel (‘salt flower’), which crystallizes on the surface of the water, is one of … Read more

Oil rebounds as information from China and the US ease recession fears

FILE PHOTO – An oil field worker works at a pump jack in PetroChina’s Daqing oil field in northeast China’s Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Register now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 8 (Reuters) – Oil prices rebounded from multi-month lows on Monday as investor appetite improved after data … Read more