Egypt’s civil aviation minister says he is replacing EgyptAir’s chairman in a bid to return the company to profitability, after it accumulated over a billion dollars in losses since the 2011 uprising that toppled longtime autocrat Hosni Mubarak.
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Ahead of the Bell: US unemployment benefit claims may slip
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The Labor Department reports on the number of people who applied for unemployment benefits last week at 8:30 a.m. Eastern Thursday.
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Arizona severs ties with prison operator over July riots
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Arizona is severing ties with a private prison operator over what the state says was a string of security and training lapses that led to violent riots in July.
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Novo Nordisk adding diabetes drug output in NC, Denmark
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Danish drug maker Novo Nordisk said Wednesday it will open new factories in North Carolina and Denmark as pharmaceutical companies seek to keep up with demand for diabetes medications in an increasingly overweight world.
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Federal appeals court: Tyson Foods doesn't underpay workers
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Tyson Foods doesn’t have to pay workers at two of its Nebraska plants for the time they spend putting on and taking off safety gear and preparing for work, a federal appeals court ruled Wednesday.
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La Salle University lays off 3 percent of workforce
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La Salle University’s new president has announced the Philadelphia school has laid off 23 employees just two months into her tenure.
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Ashley Madison users in US sue cheating website
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Eight people across the U.S. who registered to use Ashley Madison are suing the cheating website after hackers released personal and detailed information on them and millions of other users, including credit card numbers and sexual preferences.
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Illinois man denies cancer drug smuggling conspiracy charge
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An Illinois man has pleaded not guilty to conspiring with an online Canadian pharmacy to smuggle prescription drugs into the U.S. to sell to doctors.
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Utah liquor board pushes off decision on mini-bottle sales
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State liquor regulators have pushed off a decision about granting special permission for a distillery to sell its brandy in sample sizes, arguing the move is too drastic for them to make without having lawmakers weigh in first.
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China juggles growth and reform plans as economy cools
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China’s slump is shaking the world economy, turning a country long seen as a growth engine into a possible threat.