Business News
: Apple delays return-to-office date indefinitely, gives workers $1,000 'work-from-home' bonus
Market Watch - 17 Dec 2021 05:47
Apple also closed three stores in Miami, Annapolis, Md., and Ottawa over a rise in COVID-19 cases
Delaware judge rejects Fox News' request to throw out Dominion's defamation lawsuit regarding 2020 election
Business Insider - 17 Dec 2021 04:21
"The presence of dissenting colleagues further suggests Fox, through personnel like Mr. Dobbs, was knowing or reckless in reporting," the judge wrote.
NY Daily News owner Alden sues Lee after publisher rejects takeover bid
New York Post - 17 Dec 2021 03:07
The Alden Global Capital hedge fund stepped up its attempts to buy Lee Enterprises this week, filing a lawsuit that accuses its board of denying shareholders of the newspaper publisher a voice in the matter.
Electric-Truck Startup Rivian Plans $5 Billion Georgia Factory Complex
Wall Street Journal - 17 Dec 2021 02:03
The manufacturing facility, the company's second in the U.S., is expected to start production in 2024.
Why Spending $2 Trillion On Child Care, Health Care And Fighting Climate Change Won't Make Inflation Any Worse Than It Already Is
TPM - 17 Dec 2021 00:56
This article is part of TPM Cafe, TPM's home for opinion and news analysis. It first appeared at The Conversation. One of...
The Sausage Making: Senate Democrats Wrap Up 2021 On A Sour Note
TPM - 17 Dec 2021 17:16
Your intermittent briefing on negotiations over the reconciliation bill. The year is ending for Senate Democrats on a note befitting...
Top investors predict what's ahead for healthcare and biotech in 2022
Business Insider - 17 Dec 2021 15:44
These are Insider's biggest healthcare stories for the week ending December 17.
Meta launched an investigation after a woman said she was groped by a stranger in the metaverse
Business Insider - 17 Dec 2021 15:28
Meta concluded that the victim hadn't turned on a safety feature designed to prevent harassment on the platform.
Bitcoin holder Ray Dalio gets into ether, praising crypto as he calls cash the 'worst investment'
Business Insider - 17 Dec 2021 15:13
The billionaire dissed cash as the "worst investment," saying it will likely lose buying power in the face of high inflation.
Illegal Crypto Miners Threatened With Jail Time in Russia
Bitcoin.com - 17 Dec 2021 15:00
Cryptocurrency miners that are illegally connecting their equipment to the power grid should go to prison, says a Russian lawmaker who recently announced that his nationalist party is working on draft legislation to regu...
Etihad Airways' CEO says that airlines that fail to follow its sustainability lead may soon be 'history'
Business Insider - 17 Dec 2021 14:42
Travelers and lucrative corporate clients are examing the carbon footprint of their airlines and Etihad will also compete on that metric moving forward.
Microsoft's Bing Halts Autofill Feature in China, Citing Local Laws
Wall Street Journal - 17 Dec 2021 14:14
Microsoft's Bing said it has suspended the autofill suggestion feature in China to comply with local laws, while some users in the country said the search engine had become inaccessible.
The GOP agreed to pay $1.6 million of Trump's legal fees from NY investigations into his private businesses, reports say
Business Insider - 17 Dec 2021 13:48
The RNC in a statement echoed Trump's claim that the investigations are politically motivated, and defended contributing to his legal bills.
Mobile Commerce Platform Rezolve Reaches $2 Billion SPAC Deal
Wall Street Journal - 17 Dec 2021 13:30
Rezolve says its platform lets consumers make physical ads and products instantly shoppable by pointing their phones.
The Wall Street Journal: Bruce Springsteen's sale of music rights to Sony believed to be worth as much as $600 million
Market Watch - 17 Dec 2021 05:35
Sony has been the Boss's record-label home for his entire career.
Lending Platform Ledn Launching Bitcoin-Backed Mortgage Product, Raises $70 Million
Bitcoin.com - 17 Dec 2021 05:00
Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised ...
Pfizer Requests Full Approval For Covid-19 Vaccine For 12- To 15-Year-Olds
Forbes - 17 Dec 2021 03:43
The pharmaceutical company said in November its vaccine gave the age group 100% long-term protection against the virus.
US Congress passes import ban on Chinese Uyghur region
BBC - 17 Dec 2021 03:03
The bill overcame opposition from Coca-Cola, Nike and Apple and an initial lack of White House support.
Firearm Industry Groups Sue New York For Permitting Lawsuits Over Gun Misuse
Forbes - 17 Dec 2021 02:28
At the heart of the suit is the Protection of Lawful Commerce in Arms Act, which shields gun manufacturers from being held liable when their products are used in crimes.
Elon Musk is A Worthy Person of the Year
Forbes - 17 Dec 2021 01:28
His detractors point to his demeanor in the workplace (he's not a micromanager, he's a nano-manger) and his reputation for being a difficult man to work for, but that's what makes him a force to be reckoned with -- and t...
FedEx Revenue Rises but Labor Shortages Continue to Dent Business
Wall Street Journal - 17 Dec 2021 01:26
Higher rates helped to blunt rising costs the company continues to face from a shortfall of workers in its operations.
CEO of GM's Autonomous-Vehicle Unit Is Leaving the Company
Wall Street Journal - 17 Dec 2021 01:25
The exit of Dan Ammann is a high-profile departure from GM Chief Executive Mary Barra's executive team.