The government is looking at ways to loosen the grip of a few big beer companies that control 65% of the market.
Tim Allen
Fed officials push back on rapid interest rate hikes
Some favor a ‘steady’ increase, because an overly aggressive approach could choke the economy while too much caution could let inflation spiral further.
Senate sends Biden bill averting federal shutdown
Both parties hope the short-term measure will be the last one needed as negotiators craft compromise bills financing government agencies through Sept. 30.
Canadian police arrest 2 leaders of protesting truckers
Busloads of police arrived near Ottawa’s Parliament Hill, and workers put up extra fences around government buildings.
Walmart steers through inflation, boosting profit and sales
The nation’s largest retailer also delivered on Thursday an upbeat outlook for this year and boosted its dividend.
Saudi Arabia keeps lid on oil output as U.S. gasoline prices rise
President Biden has warned that gas prices could rise even higher if Russian President Vladimir Putin invades Ukraine.
Tesla faces another U.S. investigation: unexpected braking
The government says it has 354 complaints from owners during the past nine months about ‘phantom braking’ in Tesla Models 3 and Y.
Rubens’ ‘Portrait of a Lady’ to go up for auction in Warsaw
It is expected to be one of the largest art sales ever to take place in Central or Eastern Europe.
Xi urges Hong Kong to get control as COVID-19 cases surge
The Chinese territory is facing its worst outbreak of the pandemic, topping 2,000 new coronavirus cases each day this week.
Mexico’s avocados face fallout from violence, deforestation
As producers suffer extortion from organized crime, and loggers continue to chop down pine forests to clear land for avocado orchards, another threat looms: Campaigns for greener competition and perhaps even a boycott.