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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...

World

Section
US halts new student-visa interviews, eyes expansion of social media vetting of applicants
US halts new student-visa interviews, eyes expansion of social media vetting of applicants

Washington DC [US], May 28 (ANI): US Secretary of State Marco Rubio ordered US embassies and consular offices to stop scheduling new...

EU state sues Belarus for 200mn
EU state sues Belarus for 200mn

Lithuania is seeking reparations over the migrant crisis at its border that it blames on Minsk Lithuania is seeking over €200 million...

"Pakistan has to be brought back into FATF grey list": Assaduddin Owaisi in Kuwait
"Pakistan has to be brought back into FATF grey list": Assaduddin Owaisi in Kuwait

Kuwait City [Kuwait], May 27 (ANI): AIMIM chief Asaduddin Owaisi, who is part of an all-party delegation to inform nations about Pakistan's...

India-Slovenia engagement ends with call for joint fight against terrorism
India-Slovenia engagement ends with call for joint fight against terrorism

Ljubljana [Slovenia], May 27 (ANI): After wrapping up a three-day official visit to Slovenia, the all-party Indian parliamentary delegation...

EU sanctions against Russia dont work Bild
EU sanctions against Russia dont work  Bild

The bloc has continued to import billions of dollars worth of oil, gas, and uranium from its eastern neighbor, according to the German...

US blocks tougher G7 sanctions wording on Russia FT
US blocks tougher G7 sanctions wording on Russia  FT

Treasury Secretary Scott Bessent reportedly asked finance ministers not to mention the oil price cap in a joint statement US Treasury...

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