In this issue

The surprise deal by Senate Democrats on a slimmed-down bill to support families, boost infrastructure and fight climate change also is likely to jump-start sales of electric vehicles. But as things often go in Washington, there are a bunch of strings and asterisks.

TOYOTA PROFIT DOWN AS CHIPS SHORTAGE KEEPS CUSTOMERS WAITING

Toyota’s profit fell nearly 18% in the AprilJune quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan’s top automaker.

2 mins

US Proposes to Increase Refund Protections for Air Travelers

The Transportation Department is proposing to require airlines to offer passengers a refund if their flight schedule is changed significantly or the airline makes major changes to their itinerary.

2 mins

APPLICATIONS FOR US JOBLESS CLAIMS UP AGAIN LAST WEEK

More Americans applied for jobless benefits last week as the number of unemployed continues to rise modestly, though the labor market remains one of the strongest parts of the U.S. economy.

2 mins

AMAZON WORKERS AT UK WAREHOUSE STOP WORK TO PROTEST PAY

More than 700 Amazon warehouse workers in England staged a protest Thursday in a dispute over pay, in the latest sign of workplace friction stoked by Britain’s cost of living crisis and a growing discontent among employees over wage and working conditions.

2 mins

Alibaba Revenue Beats Expectations Despite Contraction

Chinese e-commerce firm Alibaba Group Holding on Thursday beat market expectations for revenue in its quarter ended June, even as revenue was nearly flat and the company continues to grapple with the fallout from increased regulatory scrutiny and slowing economy growth.

2 mins

CELLPHONE, WI-FI SERVICE EXPANDING ACROSS NYC SUBWAY SYSTEM

New York City’s sprawling subway system will be fully wired for cellphone and Wi-Fi service within about 10 years under a plan approved by transit officials this week.

1 min

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