Author Salman Rushdie on ventilator after New York stabbing

Author Salman Rushdie on ventilator after New York stabbing

CHAUTAUQUA, NY (AP) — Salman Rushdie, whose novel “The Satanic Verses” prompted death threats from the Iranian leader in the 1980s, was stabbed in the neck and abdomen on Friday by a man who rushed onto the stage as the author was about to give a talk in western New York. A bloodied Rushdie, 75, … Read more

Antitrust trial puts book publishing industry in the dock

Antitrust trial puts book publishing industry in the dock

NEW YORK (AP) — Justice Department efforts to block merger of Penguin Random House and Simon & Schuster is not just a showcase of the Biden administration’s tougher approach to corporate consolidationit’s a rare moment for the publishing industry itself to be put in the dock. In the first week of a scheduled two- to … Read more

Adidas boss says LIV Golf a ‘normal evolution,’ wants to focus on player partnerships

Adidas boss says LIV Golf a 'normal evolution,' wants to focus on player partnerships

Phil Mickelson of the United States during the inaugural LIV Golf Invitational at the Centurion Club, Hemel Hempstead, St Albans, Great Britain on June 8, 2022 Paul Child | Action images via Reuters Adidas CEO Kasper Rorsted believes the controversial Saudi-backed LIV Golf series is part of a “normal evolution” of sport and says the … Read more

SocGen earnings Q2 2022

SocGen earnings Q2 2022

Headquarters of the French bank Societe Generale in Paris. Chesnot | Getty Images News | Getty Images Societe Generale on Wednesday reported better-than-expected earnings despite a 3.3 billion euro ($3.36 billion) impact following the exit from its Russian operations. The French lender saw every unit grow in the second quarter, helping to offset the impact … Read more

Biden shrugs off recession talk, talks up fighting inflation

Biden shrugs off recession talk, talks up fighting inflation

WASHINGTON (AP) — President Joe Biden and his administration pulled out all the stops Thursday to downplay a troubling new economic report it added to the evidence of a recession, trying to focus instead on major legislative progress on measures to control inflation, reduce debt and preserve America’s competitive edge. The desire to accentuate the … Read more

Growth accelerates for euro zone

Growth accelerates for euro zone

Growth in the eurozone economy accelerated in the second quarter of the year, but the region’s outlook is dimmed as Russia continues to cut gas supplies. The 19-member bloc recorded a gross domestic product rate of 0.7% in the second quarter, according to Eurostat, the European statistics office, beating expectations for growth of 0.2%. It … Read more

Biden speaks about the state of the U.S. economy

Biden speaks about the state of the U.S. economy

(Biden is scheduled to start speaking at 2:15 p.m. ET. Please refresh the page if the video above is not playing by then.) President Joe Biden will deliver remarks on the U.S. economy on Thursday and meet with a small group of CEOs to “receive an update on economic conditions in key sectors and industries,” … Read more

Michelle Obama’s book ‘The Light We Carry’ coming this fall

Michelle Obama's book 'The Light We Carry' coming this fall

NEW YORK (AP) — Michelle Obama will be releasing a book this fall, “The Light We Carry”, in which she reflects on her experiences and shares her insights into navigating an increasingly stressful world. It’s the former first lady’s first entirely new work since coming out in 2018 of his acclaimed blockbuster “Becoming”, which has … Read more

FDA weighs oversight changes after formula, Juul troubles

FDA weighs oversight changes after formula, Juul troubles

WASHINGTON (AP) — The head of the Food and Drug Administration has called for a review of the agency’s food and tobacco control programs after months of criticism of their handling of infant formula shortages and reviews of e-cigarettes. Tuesday’s announcement comes as FDA Commissioner Robert Califf tries to brush off several controversies that have … Read more

Lawmakers eye work on Fashion Act during session recess

Lawmakers are taking the time out of session to improve the Fashion Act after it did not leave committee this session. The first such legislation, the Fashion Sustainability and Social Accountability Act, would require global apparel and footwear companies to change their practices to reduce their impacts on climate change. The fashion industry is responsible … Read more