July 4, 2022Erin SlifkaComments Off on Coal Makes a Comeback as the World Thirsts for Energy
Tight supplies of commodities following Russia’s war in Ukraine lead countries back to the dirtiest fossil fuel, despite commitments to tackle climate change.
July 4, 2022Erin SlifkaComments Off on Chip Boom Loses Steam on Slowing PC Sales, Crypto Rout
Intel and Nvidia are among the semiconductor makers warning of rockier times ahead after two years of surging demand across their product lineups, pointing to a chillier consumer climate.
July 3, 2022Erin SlifkaComments Off on Merck’s Covid-19 Pill Prescribed Often in Some Countries Despite Low Efficacy
Doctors in some countries, such as Australia and Japan, are prescribing Merck’s Covid-19 antiviral pill more frequently than Pfizer’s Paxlovid, citing a risk of drug interactions.
July 3, 2022Erin SlifkaComments Off on China’s Fast-Fashion Giant Shein Faces Dozens of Lawsuits Alleging Design Theft
At least 50 federal lawsuits in the U.S. alleging trademark or copyright infringement have named Shein or its Hong Kong-based parent company, Zoetop Business, in the past three years.
Unable or unwilling to stomach higher prices, many Americans are starting to forgo some purchases and outings—even the smallest luxuries: “I kind of second guess if I really needed to get this extra pack of chips.”
July 3, 2022Erin SlifkaComments Off on Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust
Surveys of manufacturers told a similar story whether the factory was in South Korea, Italy or the U.S.: Output is falling or is rising at a slower pace, driven by declines in new orders, and particularly those from overseas buyers.