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Inflation coming to your theatre as US firms flex pricing power

Bloomberg From the big screen to the snack aisle, American companies plan to hike prices as their input costs creep higher. It’s a sign that businesses have faith consumers will keep shopping even as products become more expensive. And that belief in pricing power, showcased on earnings calls and presentations during the week of August 6-10, could signal a turning ...

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Russia seethes after velvet revolutionary strikes at foes

Bloomberg Three months after sweeping to power in Armenia’s peaceful “velvet revolution,” Prime Minister Nikol Pashinyan is waging an unprecedented campaign against corruption that’s unnerved Russia and got political opponents crying foul. Arrests have reached people previously considered untouchable in Armenia including ex-President Robert Kocharyan, who’s accused of subverting constitutional order during deadly clashes a decade ago, and relatives of ...

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Israeli troops killed Palestinian medic

Bloomberg Israeli soldiers shot dead a Palestinian paramedic who was tending to casualties at an anti-Israel protest in the Gaza Strip, a Gaza Health Ministry official said. Abdullah al-Qutati was the second medic killed in the field by Israeli forces since a campaign of protests began in Gaza on March 30. In all, nearly 160 Palestinians have been shot dead ...

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