Walgreen becomes the third major U.S. company to scrap its plans to relocate overseas in a bid to cut taxes. Fred Katayama reports.
The Russian and Turkish flags were lowered on Friday to mark the closure of a centre set up to monitor a ceasefire in Nagorno-Karabakh, as Russian peacekeepers ended a multi-year deployment in the strategic South Caucasus region. Nearly 2,000 Russian peacekeeping troops were dispatched to the breakaway region of Nagorno-Karabakh in November 2020 under a Moscow-brokered deal that halted six weeks of fighting between Azerbaijani and ethnic Armenian forces. Despite the deployment, Azerbaijan retook Karabakh by force in September last year, a move which triggered an exodus of at least 100,000 ethnic Armenians living there and the arrest of the breakaway area's ethnic Armenian leaders.
The Food and Drug Administration on Friday approved Pfizer’s treatment for a rare genetic bleeding disorder, making it the company’s first-ever gene therapy to win clearance in the U.S.
Stellar earnings from the 'Magnificent Seven' duo have reignited optimism for a rally, but the PCE inflation print could put a spoke in the wheel.
Countries in the World Trade Organization are resuming stalled negotiations on fixing its dispute settlement system by the end of this year, a document showed on Friday, after they overcame difficulties in choosing a chief negotiator. Ambassador Usha Dwarka-Canabady from Mauritius, a career diplomat, was announced as chief negotiator this month after at least three other ambassadors turned the role down, trade sources said. The previous facilitator, Marco Molina from Guatemala, was abruptly dismissed by his government in February despite widespread praise for his approach which, unlike other WTO talks, sought to reduce haggling by encouraging co-authorship of new rules.
Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday as he wrapped up a three-day visit to China.
Polish President Andrzej Duda said Friday that “a potential aggressor must see our readiness" as he and his Lithuanian counterpart monitored a joint military drill along their shared border. Duda and Lithuanian President Gitanas Nausėda met on the last day of the week-long Brave Griffin 24/II military exercise along the Suwalki Gap, a strategically important stretch of land that's considered a potential flashpoint area in case of a standoff between Russia and NATO.
Why are they shiny? And how did Pennsylvania become the pretzel capital of the world?
Supporters of Spanish Prime Minister Pedro Sanchez prepared on Friday to hold rallies to urge him to stay on after he announced this week he was considering stepping down as a court looks into allegations of business corruption made against his wife. Local branches of the Socialist party (PSOE) organized buses to bring supporters to a rally backing the prime minister planned for Saturday morning in Madrid. Sanchez, 52, surprised both foes and allies when he said on Wednesday he was taking several days away from public duty to consider quitting.
From a man who really makes his own beer to the Japanese bears given paws for thought... your weekly roundup of offbeat stories from around the world.- Paws for thought - A pair of bears picked the wrong Japanese tourists to mess with when they jumped out of the bushes as Masato Fukuda was hiking to see a waterfall in the northern island of Hokkaido.
The FDA said late Thursday that additional testing is required to determine whether the intact pathogen is still present and if it remains infectious. Eight states in the U.S. have confirmed cases of bird flu in dairy cattle, according to the U.S. Department of Agriculture. Only one person - a Texas farm worker - has been one confirmed to have bird flu.
U.S. Secretary of State Antony Blinken said on Friday protests at U.S. universities over U.S.-ally Israel's war in Gaza are a hallmark of American democracy, but criticized what he called the "silence" about Palestinian militant group Hamas. Police have clashed with students critical of the war and the Biden administration's support for Israel's war in Gaza, with nearly 550 arrests made over the protests in the last week across major U.S. universities, according to a Reuters tally. Asked at a press conference in China whether he was taking on board the protesters' message, Blinken said he understood the conflict elicited "strong, passionate feelings" and that the administration was doing it all it could to halt the war.
French barber Roger Amilhastre, 90, could have hung up his clippers decades ago but he said his passion for hair gives him a reason to get up in the morning.France's national hairdressers' union believes Amilhastre may be France's oldest active barber.
Paris has a new king of the crusty baguette. Baker Xavier Netry was chosen this week as the 31st winner of Paris' annual “Grand Prix de la baguette” prize. The jury included a deputy mayor, industry representatives, journalists and six Parisians that City Hall said were drawn at random.
WASHINGTON (Reuters) -U.S. monthly inflation rose moderately in March, but stubbornly higher housing and transportation costs suggested the Federal Reserve could keep interest rates elevated for a while. The report from the Commerce Department on Friday, which also showed strong consumer spending last month, offered some relief to financial markets spooked by worries of stagflation after data on Thursday showed inflation surging and economic growth slowing in the first quarter. "Markets should breathe a sigh of relief this morning," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance.
WhatsApp has rolled out new features, including a "more secure way to log in."
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid. Friday's report from the government showed that prices rose 0.3% from February to March, the same as in the previous month. It was the third straight month that the index has run at a pace faster than is consistent with the Fed's 2% inflation target.
While university leaders are under tremendous pressure to respond with full force to protest as happened at Columbia University, we must find a better way more reflective of our highest values, argues Rev. Dr. Serene Jones of Union Theological Seminary.
An Egyptian delegation met Israeli officials on Friday, looking for a way to restart talks to end the war in Gaza and return the remaining Israeli hostages, an official briefed on the meetings said. The official, who spoke on condition of anonymity, said Israel had no new proposals to make, although it was willing to consider a limited truce in which 33 hostages would be released, instead of the 40 previously under discussion. "There are no current hostage talks between Israel and Hamas, nor is there a new Israeli offer in that regard," the official said.
An idyllic 453-acre private island is up for sale off the west coast of Scotland and it comes with sandy beaches, puffins galore, seven houses, a pub, a helipad and a flock of black-faced sheep.
The March reading comes as investors have continued to scale back their expectations on when the Federal Reserve will cut interest rates in 2024, if at all.
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