The U.S. economy accelerated in the second quarter as consumers increased their spending, businesses invested more in equipment and stocked inventories, and inflation cooled. Gross domestic product—the value of all goods and services produced in the U.S., adjusted for...
Maersk Line has agreed to a settlement with the U.S. Labor Department after the shipping company allegedly fired a seaman on a containership for reporting potential safety concerns such as broken gear and crew members possibly drinking alcohol onboard.