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  • Merck KGaA Expects 2023 Profit to Slip As COVID Demand Wanes

    Merck KGaA Expects 2023 Profit to Slip As COVID Demand Wanes0

    Germany’s Merck KGaA on Thursday predicted 2023 earnings would slip due to a decline at its electronic chemicals unit and a drop in COVID-related demand for its lab supplies from drug and vaccine makers. For 2023 earnings before interest, taxes, depreciation and amortisation (EBITDA), adjusted for one-offs, the company “assumes a moderate decline to an

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  • SpaceX Ready To Retry Launching NASA’s Next Space Station Crew

    SpaceX Ready To Retry Launching NASA’s Next Space Station Crew0

    Elon Musk’s rocket company SpaceX was ready to try again at sending NASA’s next long-duration crew of the International Space Station to orbit on Thursday, about 72 hours after a first attempt was scrubbed due to a clogged filter in the launch system. Two NASA astronauts will be joined by a Russian cosmonaut and an

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  • Soils of War: The Toxic Legacy For Ukraine’s Breadbasket

    Soils of War: The Toxic Legacy For Ukraine’s Breadbasket0

    When Ukraine recaptured Kherson in November, Andrii Povod returned to find his grain farm in ruins. Two tractors were missing, most of the wheat was gone and all 11 buildings used to store crops and machinery had been bombed and burned. The farm bears the scars of Russian shelling and unexploded ordnance riddles the fields

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  • GM Cutting Hundreds of jobs to Reduce Costs

    GM Cutting Hundreds of jobs to Reduce Costs0

    General Motors Co is cutting hundreds of executive-level and salaried jobs as it looks to cut costs and streamline operations, a person briefed on the matter told Reuters on Tuesday. The global reductions are in the “low hundreds,” the person said. GM Chief People Officer Arden Hoffman said in a letter to employees on Tuesday

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