Winter storm forces Ford to shut North American plants

Ex-Shell Oil president on Texas winter storm: ‘We’re living in a third world situation’ Former Shell Oil President John Hofmeister, who lives in Houston, says he has been without power since Monday morning following the ‘brutal’ winter storm in Texas. MEXICO CITY – Freezing weather that interrupted gas supplies in the southern United States and Mexico was wreaking havoc on […]

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Pfizer, BioNTech start testing Covid-19 vaccine in pregnant women

Pfizer and BioNTech started an international study to evaluate the safety and efficacy of their vaccines on pregnant women. Pregnant women were excluded from large U.S. trials used to obtain emergency use authorization. The study will test healthy pregnant women aged 18 and older and will give them their shots 21 days apart. Pfizer and BioNTech have started an international […]

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Walmart will raise wages for 425,000 workers.

Walmart said on Thursday that it was raising wages for 425,000 of its employees in the United States, as the giant retailer and other companies face mounting pressure to increase pay for low-wage workers. The wage increases mean that about half of its 1.5 million workers in the United States would earn at least $15 an hour, Walmart’s chief executive, […]

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Revolut's additional fees for Ireland customers make its free offering less attractive

Revolut introduced additional fees on its free plan that could push Irish users toward its paid accounts. But consumer sentiment over banking charges suggests an uphill battle could lie ahead. Insider Intelligence publishes hundreds of research reports, charts, and forecasts on the Banking industry. Learn more about becoming a client. The UK-based neobank recently announced additional limits on no-fee ATM […]

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U.S. Housing Starts Pull Back Sharply From 14-Year High In January

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the Commerce Department released a report on Thursday showing housing starts pulled back by much more than expected in the month of January. The Commerce Department said housing starts tumbled by 6.0 percent to an annual rate of 1.580 million in January after soaring […]

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