No more free coffee on your birthday? Companies rein in customer rewards programs — here's why
Reward programs, including birthday freebies and discounts, have long been a way for brands to build loyalty and incentivize spending
2023-07-06 17:15
Savers should be cheering higher interest rates. So why are they unhappy?
When central banks raise interest rates, mortgage borrowers can expect higher monthly repayments, while savers are supposed to be rewarded with bigger returns on their deposits. Or so the theory goes.
2023-07-06 15:47
Moderna inks deal to make mRNA medicines in China
US drugmaker Moderna has signed a deal to make mRNA medicines in China as part of its first major investment in the country, despite escalating trade and political tension between Washington and Beijing.
2023-07-06 14:54
China says 239 people died from COVID-19 in June in a significant uptick
China says 239 people died from COVID-19 in June in a significant uptick months after it lifted most containment measures
2023-07-06 14:51
Beijing orders outdoor work to be halted as scorching summer heat soars
Employers in Beijing have been ordered to stop outdoor work after scorching summer heat in the Chinese capital was forecast to reach 40 degrees centigrade (104 Fahrenheit)
2023-07-06 13:52
Rights group reports allegations of dozens of abuses in critical minerals supply chains
A human rights advocacy group says it found allegations of dozens of labor and environmental abuses by Chinese-invested companies involved in mining or processing minerals used in renewable energy
2023-07-06 13:28
FIA not interested in early renegotiations of bedrock Formula One agreement, president tells AP
The president of the FIA tells The Associated Press the governing body has no interest in signing an early renewal of its contract with Liberty Media and the 10 Formula One teams
2023-07-06 12:45
Biden is heading to South Carolina to show his economic agenda is keeping even red states humming
President Joe Biden is heading to South Carolina to make the case that his economic agenda is helping keep even red states humming
2023-07-06 12:20
Canada's government to stop advertising on Facebook and Instagram after Meta says it will block news
Canada's government says it will stop advertising on Facebook and Instagram in response to Meta’s decision to block access to news content on their social platforms as part of a temporary test
2023-07-06 10:25
Soaring Interest Rates Are Quietly Transforming Oil Markets
For oil bulls, one of the biggest caps on prices this year is turning into a tailwind. Oil’s
2023-07-06 09:52
Nevada secures $285M opioid settlement with Walgreens, bringing total settlements to $1 billion
The state of Nevada has reached a $285 million settlement with Walgreens regarding the pharmacy chain’s role in the opioid epidemic
2023-07-06 08:55
Germany's top court blocks a parliament vote on a contentious bill to replace heat sources in homes
Germany’s highest court has blocked government plans to hold a vote in parliament this week on a contentious plan to encourage home owners to replace fossil fuel heating systems with cleaner alternatives
2023-07-06 08:52