Employees at the COVID-stricken iPhone factory in China beaten, detained after protests

BEIJING — Police beat workers protesting over a pay dispute at the biggest factory for Apple’s iPhone, whose new model is delayed by controls imposed as China tries to contain a surge in COVID-19 cases. Foxconn 2354, +0.20%, the biggest contract assembler of smartphones and other electronics, is struggling to fill orders for the iPhone … Read more

Opinion: Vladimir Putin isn’t just losing in Ukraine — he’s set Russia’s economy back 40 years

To win a war you need will and means. I am cautiously optimistic that Ukraine has both in its fight against Russia. Ukrainian will increase with every mass grave of murdered civilians uncovered and with every liberated Ukrainian village. For Ukrainians this war is no longer about territory but about survival as a nation — … Read more

Ottawa reveals plan to welcome 500,000 immigrants per year by 2025

OTTAWA – The federal Liberal government has unveiled plans for a massive increase in the number of immigrants entering Canada, with a goal of seeing 500,000 people arrive each year by 2025 as it seeks to address a critical labor shortage across the country. While the plan was largely welcomed by industry groups and others, … Read more

US stock futures rise ahead of Fed decision

US stock indexes rose on Wednesday, ahead of another expected sharp interest rate rise by the Federal Reserve and after Russian President Vladimir Putin escalated his war against Ukraine. How are stock indices trading The Dow Jones Industrial Average DJIA, +0.46% rose 143 points, or 0.5%, to 30,853 The S&P 500 SPX, +0.51% gained 18 … Read more

Pfizer and BioNTech say data show COVID vaccine has more than 70% efficacy in small children, with cases now rising in just 7 states

Pfizer and German partner BioNTech on Tuesday offered updated COVID vaccine data supporting efficacy in children 6 months to 4 years old. The companies PFE, -1.91% BNTX, -0.20% said updated analysis from 34 cases occurring at least seven days after a three-dose regimen showed 73.2% vaccine efficacy among children in that age group. The vaccine … Read more

South Korea offers North ‘audacious’ economic benefits for denuclearization

SEOUL, South Korea — South Korean President Yoon Suk Yeol on Monday offered “audacious” economic assistance to North Korea if it abandons its nuclear weapons program while avoiding harsh criticism of the North days after it threatened “deadly” retaliation over the COVID-19 outbreak it blames on the South. In a speech celebrating the end of … Read more

Rising Food Prices Could Become a Business Risk, Analysts Say

Rising global food prices and shortages of grain and fertilizer stemming from the war in Ukraine could create further economic turmoil, risk analysts said. In some countries, this could trigger unrest and test the resiliency of Western companies with overseas operations in the coming months, they added. “Food insecurity is one of ours [company’s] main … Read more

Opinion: The S&P 500 is so close to crossing this crucial level and challenging the bear market’s trend line

The S&P 500 index may be about to secure two major bullish SPX, -0.12% milestones. First, the S&P has rallied from that mid-June low right up to the major resistance at 4170. A two-day close above that level would be quite bullish and would set the stage for a challenge of the downtrend line defining … Read more

Opinion: ‘I see buying opportunities.’ How this stock trader with 40 years of experience makes money in a bear market

Howard Kornstein, a professional trader with more than 40 years’ experience in stocks, options and futures, developed and fine-tuned his strategies while facing every imaginable market environment. He has little patience for those who claim they can’t make money trading, even during the current bear market. “This bear market is mild,” Kornstein says. “I see … Read more

The West Leaves Ukraine Outgunned Against Russia

Ukrainian civilians are “dying in our sight, 100 meters away,” and “we can’t get near to them” amid the barrage of Russian shelling, Mamuka Mamulashvili says. “They’re losing hands, legs. Sometimes we cannot even find the parts of civilians who were bombed. . . . It’s not one incident. We are seeing it every day. … Read more