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
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
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
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
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 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 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
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
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 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