Topic: Business

Russian leaders and businesses are pushing for a "Soviet-style" work ethic to bolster the nation's economy amid the war in Ukraine, according to British intelligence.

China on Sunday celebrated the maiden commercial voyage of its first domestically produced passenger jet, a significant milestone for the country seeking to compete with the West.

New York City's Metropolitan Opera, the largest opera house in the world, is facing a class action lawsuit after a data breach allegedly compromised the personal information for 45,000 employees and patrons.

The Kalashnikov Group, the Russian gun-making giant best known for its Soviet-era AK-47 assault rifle, has unveiled upgrades to its AK-12 assault rifle to better suit Russia in its war on Ukraine.

Twitter has withdrawn from the European Union's online disinformation code of practice, a voluntary agreement that most major social media platforms pledged to abide, prompting a warning from the bloc.

The parent company of pharmacy giant Walgreens is laying off 504 corporate employees, 10% of its corporate workforce.

The outlook on the U.S. economy from consumers "plummeted" amid uncertainty over the path of inflation, the University of Michigan's survey showed.

Treasury Secretary Janet Yellen sent a letter to Congress on Friday, saying that the government will now have until June 5 before it runs out of money to pay its bills rather than the June 1 deadline she had announced.

Ford and Tesla have agreed to a deal giving Ford owners access to Tesla chargers starting early next year. The agreement between the automotive rivals integrates Ford EVs with Tesla charging technology.

Retail gasoline prices on Friday were up from week-ago levels as demand increases ahead of the long Memorial Day holiday weekend, the unofficial start of the summer driving season, data show.