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Business

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PepsiCo cleared in FTC case over Walmart discounts
FTC drops price bias lawsuit against PepsiCo

NEW YORK CITY, New York: This week, the U.S. Federal Trade Commission (FTC) dropped its lawsuit against PepsiCo, which had accused...

Builder discounts drive sales spike, but housing outlook wary
April US new home sales hit 3-year high amid price cuts

WASHINGTON, D.C.: New single-family home sales in the U.S. rose sharply in April to their highest level in over three years as builders...

CEO says health push weakened Nestle, vows return to F&B roots
Nestle refocuses on core food business after diversification misstep

VEVEY, Switzerland: Nestle is realigning its focus on its core food and beverage operations after expanding into areas like health...

Ford sues California law firms over alleged Lemon Law fee fraud
Ford accuses law firms of fraud, including billing 57-1/2 hour workday

DEARBORN, Michigan: Ford Motor Company has filed a lawsuit against several California lawyers and law firms, accusing them of cheating...

US drug launch prices double in four years, Reuters finds
Prices for new US drugs doubled in 4 years, focusing on rare diseases

BRUSSELS, Belgium: U.S. drugmakers are charging significantly more for new treatments, particularly those targeting rare diseases,...

Allegations of secret nursing home deals shake UnitedHealth
UnitedHealth shares plunge after undisclosed payment report

MINNETONKA, Minnesota: UnitedHealth shares took a sharp hit this week, after a report by the UK's Guardian alleged the healthcare giant...

Massachusetts

Section
Foreign students at Harvard bear the brunt of White House ban
Trump bans Harvard from enrolling international students starting in 2025

BOSTON, Massachusetts: U.S. President Donald Trump's administration has taken away Harvard University's right to enroll international...

April saw a 4% rise in retail sales in India: Survey
April saw a 4% rise in retail sales in India: Survey

New Delhi [India], May 27 (ANI): A 4 per cent yearly increase in retail sales was reported in April compared to the same month of 2024,...

Daily World Briefing, May 24
Daily World Briefing, May 24

Trump announces planned partnership of U.S. Steel, Nippon Steel U.S. President Donald Trump announced on Friday that there will be...

Martin Elling, Ex-McKinsey partner sentenced to prison for obstructing justice by a US court
Martin Elling, Ex-McKinsey partner sentenced to prison for obstructing justice by a US court

New Delhi [India], May 23 (ANI): Martin Elling, former partner at McKinsey & Co., received a six-month prison sentence for obstructing...

Trump bans Harvard from accepting foreign students
Trump bans Harvard from accepting foreign students

The Ivy League institution has been given 72 hours to comply with the US administrations demands The Trump administration has revoked...

Trump bans Harvard University from accepting foreign students
Trump bans Harvard University from accepting foreign students

The Ivy League institution has been given 72 hours to comply with the White House's demands ...

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