Cineworld Drops Sales in US and UK Businesses

After failing to find a buyer for its businesses in the United States, the United Kingdom, and Ireland, Cineworld has announced that it will raise additional funding. After announcing that the move would be canceled, the troubled cinema chain’s share price dropped by nearly 30%. Cineworld also stated that it had reached an agreement with […]

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US CDC Team Falls Sick While Investigating Chemical Derailment Area

A group of investigators became ill in the days following the train derailment in East Palestine, Ohio, while investigating residents’ chemical exposure. Fifteen Centers for Disease Control and Prevention and the Agency for Toxic Substances and Disease Registry (ATSDR) investigators were wrapping up their investigation into chemical exposure in the East Palestine region. However, according […]

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US Fed Hike Interest Rates by 0.25 Percent

Despite the turmoil caused by Silicon Valley Bank’s collapse, the Federal Reserve continued its aggressive campaign to control inflation by raising its key short-term interest rate by a quarter of a point. However, in recognition of the fact that the crisis will limit bank lending, weaken the economy, and raise inflation, officials at the Federal […]

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