Month: January 2022

In a speech to the World Economic Forum, the Treasury secretary said the White House is aiming to increase labor supply and boost worker productivity.

GlaxoSmithKline and Vir Biotechnology are increasing output at a second plant to help meet demand for sotrovimab.

Intel plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering its semiconductor production ambitions as greater demand for digital products and a global chip shortage have amplified the need for more manufacturing.

Netflix said it expects to add a much smaller number of subscribers this quarter than it did a year ago as it adjusts to growing competition and lasting disruptions from the coronavirus pandemic, sending the video streamer’s shares down sharply.

Apple, Amazon and Google say the bipartisan legislation barring tech platforms from favoring their own products could disrupt popular services for businesses and consumers.

Holiday travel helped major U.S. carriers bring in more revenue at the end of last year than any quarter since the pandemic began. But U.S. airlines lost money and have said Omicron and a surge of cases have temporarily dimmed their prospects.