Modern Business America - Modern Business America

Wall Street ends down after stunning jobs growth raises Fed questions US job growth accelerated sharply in January, with nonfarm payrolls surging by 517,000 jobs, well above an estimate of 185,000. The unemployment rate hit a more than…
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How Companies Can Master Business Complexities Through Simplification Simplifying Business entails holistic efforts and by involving all participating stakeholders of the ecosystem, firms can succeed in reducing the complexity of…
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Here are the investors putting $1 billion into Trump Media. When former President Donald J. Trump’s fledgling social media company and its merger partner announced in December that they had secured $1 billion in additional private funds…
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Stellantis and Samsung to spend $2.5 billion on an electric vehicle battery plant in Indiana. Stellantis — the company that owns Jeep and Ram — and Samsung plan to spend $2.5 billion to build a battery factory in Kokomo, Ind., that is…
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U.S. will start blocking Russia’s bond payments to American investors. WASHINGTON — The Biden administration will start blocking Russia from paying American bondholders, increasing the likelihood of the first default of Russia’s foreign…
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The commodities giant Glencore will pay $1.1 billion to settle bribery and price-fixing charges. WASHINGTON — Glencore, the mining and commodity-trading giant, has agreed to pay $1.1 billion to settle charges that two of its units bribed…
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U.S. begins inquiry into industry’s role in infant formula supply shortages. A severe shortage of baby formula has prompted the Federal Trade Commission to begin an inquiry into the industry’s consolidation and whether online resellers…
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EUROPE Stocks trade lower on GDP data with eyes central bank meetings European stock markets were lower on Tuesday, 31 January 2023, as risk-off sentiment amid weaker than expected euro zone GDP data and on caution ahead of this week's…
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Adani made scheduled U.S. bond payments, to release credit report Friday Adani Group entities made scheduled coupon payments on outstanding U.S. dollar-denominated bonds on Thursday, a bondholder and a source with direct knowledge of the…
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South African rand held steady after surge on U.S. Fed comments Reuters: The South African rand held steady on Thursday, after surging a day earlier when the U.S. Federal Reserve signalled it had turned a corner in the fight against…
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