Archives for June 2022

Sen. Rob Portman of Ohio said Thursday it is easy to be an armchair quarterback, but it was "pretty obvious" there was a mismatch between supply and demand in early 2021 so the Federal Reserve should have acted earlier to corral inflation. … [Read more...] about Sen. Rob Portman: Fed should have acted sooner to wrangle inflation

The main bridges connecting the contested town of Sieverodonetsk and Ukrainian-held territory in the disputed Donbas region have likely been destroyed, which means Russian troops may be required to attempt a risky river-crossing operation to continue their operations, British military officials said Thursday. … [Read more...] about Fighting remains fierce in disputed Donbas region of Ukraine

When it rains, it pours. Abbott Laboratories had to stop production of its EleCare formula at the plant in Sturgis, Michigan, because storms flooded the plant, delaying output for a few weeks. … [Read more...] about Flooding trips up Abbott formula production plant at center of shortage debate

CNN's new president, Chris Licht, told his staff to refrain from using the phrase "the big lie" to refer to former President Donald Trump's theories about Democrats stealing the 2020 presidential election. … [Read more...] about CNN orders anchors to stop using 'big lie' to describe Trump's stolen-election claims

Plenty of people quit their jobs during the pandemic, but now many workers are being forced out, with more and more companies facing fears of an economic recession, supply chain problems and other woes. … [Read more...] about Tech companies lay off workers, slow down hiring amid economic tumult