China Manufacturing Sector Returns To Expansion Territory

China’s manufacturing sector expanded for the first time in seven months in February, driven by the upturns in production and new orders, suggesting a strong rebound in the first quarter following the easing of pandemic related restrictions. At 51.6, the Caixin manufacturing Purchasing Managers’ Index rose from 49.2 in the previous month, survey results from S&P Global showed Tuesday. This […]

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How Judy Blume Finally Got a ‘Yes’ From Hollywood

The lunches Judy Blume used to have in Hollywood would all go the same way, she said. “Judy, sweetheart, what would you like to do?” the men would ask — and they were always men. “We want to work with you. How do you want to adapt your books?” This began in the 1970s and continued for decades. She had […]

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Fed Chair Opens Door to Faster Rate Moves and a Higher Peak

Jerome H. Powell, the Federal Reserve chair, made clear on Tuesday that the central bank is prepared to react to recent signs of economic strength by raising interest rates higher than previously expected and, if incoming data remain hot, potentially returning to a quicker pace of rate increases. Mr. Powell, in remarks prepared for delivery to the Senate Banking Committee, […]

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Awash in Asphalt, Cities Rethink Their Parking Needs

Spying an empty spot in a parking lot, a driver flicks on the turn signal and steers the car into the space. This little maneuver happens so often across the country that it’s done almost without a second thought. But now, the humble parking spot is suddenly a hot topic. Scrutinizing their parking regulations, cities across the nation are rolling […]

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Eli Lilly Says It Will Cut the Price of Insulin

The drug maker Eli Lilly and Company said on Wednesday that it would significantly reduce the prices of several of its lifesaving insulin products that are used by diabetes patients and whose prices Lilly has repeatedly increased in the past. Lilly also said it would cap at $35 a month what patients pay out of pocket for the drugmaker’s insulin […]

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3D Printing Company To Pay $4.54 Mln Over China Export Violations

A Carolina-based 3D printing company has agreed to pay the United States up to $4.54 million in fine for illegally providing export-controlled technical data to China in connection with certain NASA and Pentagon contracts, violating export control laws. In parallel agreements also related to alleged export violations, 3D Systems Corporation agreed to a $20 million administrative settlement with the Department […]

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Delta Pilots Approve Contract Raising Pay by 34%

Pilots at Delta Air Lines approved a new contract that would increase wages 34 percent by 2026 and make quality-of-life improvements, raising the standard for contract negotiations underway at other large U.S. airlines. Voting was conducted in February and the results were announced on Wednesday, with 78 percent of pilots approving the new contract, according to the union that represents […]

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