Reviving Factory Jobs is an Expensive Illusion

Manufacturing output in America is booming. According to the Federal Reserve’s Industrial Production Index, US factory output stood at 103.9 in April 2025, near its all-time high. The machines are humming. But that productivity masks two uncomfortable truths: manufacturing jobs are vanishing, and the wages in those jobs are not especially high. So why are…

Sentence for ex-Goldman banker in 1MDB case ‘too short’: Malaysian minister | Corruption News

Former Goldman Sachs banker Tim Leissner was sentenced on Thursday to two years in prison for role in 1MDB scandal. Malaysia’s Commodities Minister Johari Abdul Ghani has called a two-year prison sentence for a former Goldman Sachs banker implicated in the multibillion-dollar 1Malaysia Development Berhad (1MDB) corruption scandal too lenient. On Thursday, New York judge…

RFK Jr ends COVID vaccine recommendation: What do facts say about risks? | Health News

In a one-minute video, US Health and Human Services Secretary Robert F Kennedy Jr revoked the Centers for Disease Control and Prevention’s recommendation that healthy children and healthy pregnant women be vaccinated for COVID-19, leaving some experts concerned and others unsure about the policy’s details. Kennedy was joined in the video, posted on May 27…

IndiGo partners with BIAL to set up 31-acre MRO facility at Bengaluru airport

IndiGo has signed a Memorandum of Understanding (MoU) with Bangalore International Airport Ltd (BIAL) to establish a maintenance, repair and overhaul (MRO) facility at Kempegowda International Airport, Bengaluru (BLR Airport). Under the agreement, BIAL will allocate around 31 acres of land to IndiGo to develop the MRO facility, which will support the airline’s expanding fleet….