U.S. President Joe Biden on February 10 said he expected inflation to start to ease during 2022 as supply chain logjams clear up, while saying his administration was already helping ease shortages, as new data showed the biggest jump in consumer prices in 40 years.
A record number of people – totaling more than 3.6 million – were unable to work due to illness during the week in January that officials gathered data for the benchmark U.S. monthly employment report, which coincided with the peak in infections from COVID-19.
Raytheon Technologies’ top boss warned on Oct. 26 that the U.S. aerospace and defense firm will lose ‘several thousand’ employees who refused to take Covid-19 vaccines, as the company prepares to meet the Biden administration’s Dec. 8 deadline for immunization.
AstraZeneca agreed to pay a $560,000 settlement to resolve allegations of gender and racial discrimination filed by employees at the company’s Wilmington, Del. headquarters.
The United States reported more than 55,000 new COVID-19 casesy, a new daily global record for the coronavirus pandemic, as infections rose in a majority of states.