News: Business

Latest News

Here
Here's the biggest news you missed this weekend

Texas synagogue standoff. Tonga volcano eruption. It's the weekend's biggest news.

Bitcoin: piso de $40.000 no es seguro ante inactividad de institucionales
Bitcoin: piso de $40.000 no es seguro ante inactividad de institucionales

Un observador dijo que a los operadores les conviene más operar con la volatilidad de la criptomoneda que hacer apuestas direccionales.

CDC says lizards behind salmonella infections:
CDC says lizards behind salmonella infections: 'Don't kiss or snuggle your bearded dragon'

The popular pet lizard has been linked to 44 salmonella infections and 15 hospitalizations in 25 states.

Tornado victim
Tornado victim's family sues Amazon over warehouse collapse

The family of a delivery driver who died last month when a tornado collapsed the central Illinois Amazon facility where he worked filed a wrongful death...

1967 Shelby GT500 Stolen In Tulsa, Oklahoma
1967 Shelby GT500 Stolen In Tulsa, Oklahoma

It's not quite Eleanor, but it's worth some serious cash…

Jefferies: 3 top internet stocks for 2022 with as much as 40% upside
Jefferies: 3 top internet stocks for 2022 with as much as 40% upside

Tech stocks have been bruised. But this trio looks poised to pop in 2022.

'Deadly' inequities exposed by pandemic highlight need to tax rich, Oxfam report says

The 10 richest men in the world doubled their fortunes during the COVID-19 pandemic, a report published Monday by advocacy group Oxfam said, highlighting how...

???? Film Production In Brooklyn Heights + Circus Comes To Gowanus
???? Film Production In Brooklyn Heights + Circus Comes To Gowanus

The quickest way to get caught up on the most important things happening today in Brooklyn Heights-DUMBO.

Idaho Superintendent Ybarra makes her budget pitch, discusses pandemic learning loss
Idaho Superintendent Ybarra makes her budget pitch, discusses pandemic learning loss

Idaho's schools will be trying to recover from pandemic-related learning loss for years, state superintendent Sherri Ybarra said Monday.

12 Cheap Worldwide Travel Destinations To Consider for 2022
12 Cheap Worldwide Travel Destinations To Consider for 2022

2020 was not a great year for travel, thanks to the COVID-19 pandemic. While some restrictions gradually loosened throughout 2021, some are looking to shake ...

SMCP Appoints Christophe Cuvillier Chairman
SMCP Appoints Christophe Cuvillier Chairman

French executive Christophe Cuvillier has been appointed to the position, following last week's dismissal of Shandong Ruyi board members.

Researchers zeroing in on COVID-related loss of smell and taste

Researchers may have narrowed down the reason some people who contract COVID-19 lose their sense of smell and taste. A new study published in the journal...

Family of Amazon driver, among 6 workers killed in deadly tornado, sues company
Family of Amazon driver, among 6 workers killed in deadly tornado, sues company

The estate of Amazon delivery driver, Austin McEwan, killed when tornadoes tore through Edwardsville, Illinois, sues company.

World Bank: Gap between rich and poor countries is widening
World Bank: Gap between rich and poor countries is widening

For the last two decades, incomes in poorer countries were catching up to rich countries. The pandemic economy of the 2020s may reverse the trend, the World ...

???? 4 ICUs Reach Capacity + OKC Thunder Honors Young Hero
???? 4 ICUs Reach Capacity + OKC Thunder Honors Young Hero

The quickest way to get caught up on the most important things happening today in Oklahoma City.

Ethereum Gas Site Fees.wtf
Ethereum Gas Site Fees.wtf's $WTF Token Down 80%, Following $SOS and $GAS

A cult website that tracked Ethereum gas usage ironically sent gas fees soaring amid airdrop fervor.

NYC COVID Cases, Hospitalizations
NYC COVID Cases, Hospitalizations 'Stabilizing' But Remain High

"We appear to be moving in the right direction," Mayor Eric Adams said, although he noted - and data shows - the omicron surge isn't over.

Westfield Mayor
Westfield Mayor's Recap: COVID Update, Transformed Lord & Taylor

Mayor Shelley Brindle announced a series of updates for Westfield, including an update on the transformed Lord & Taylor and new COVID data.

Analysts, Markets Think Unilever
Analysts, Markets Think Unilever's GSK Consumer Bid Is a Bad Idea

Unilever's shares fell nearly 7 percent on Monday after it confirmed its interest in the consumer health division of GlaxoSmithKline. Analysts think a tie-up...

ICU workers in the UK are experiencing probable PTSD rates during the pandemic comparable to Afghanistan war veterans, a new survey finds
ICU workers in the UK are experiencing probable PTSD rates during the pandemic comparable to Afghanistan war veterans, a new survey finds

Authors of the new research out of the UK warned that worsened mental health among frontline medical workers could correlate with poorer patient care.

NYU MBA, Victim In Subway Violence, Remembered As
NYU MBA, Victim In Subway Violence, Remembered As 'Vibrant, Beloved'

Michelle Alyssa Go She was a "vibrant, beloved and committed classmate," a "stellar student" and a "natural leader." She was an MBA from an elite business...

Winter storm moves north: Fast snowfall shocks forecasters as flights canceled, power outages continue
Winter storm moves north: Fast snowfall shocks forecasters as flights canceled, power outages continue

Parts of New York and Ohio saw 20 inches of snow and more Monday after the storm ravaged the South over the weekend.

6 Reasons You Still Need a Checkbook
6 Reasons You Still Need a Checkbook

You probably haven't written a check in a minute. Some people under a certain age might have never even owned a checkbook. With Venmo, Cash App, Zelle and...

The Crucial ESG Topics to Focus On Right Now
The Crucial ESG Topics to Focus On Right Now

ESG-focused business strategy isn't just a feel-good concept anymore - it's increasingly necessary to attract investment. The Global Sustainable Investment...

Activision fired dozens over harassment allegations: WSJ
Activision fired dozens over harassment allegations: WSJ

The video game giant Activision Blizzard has fired nearly 40 employees and disciplined about 40 others since July as it deals with allegations of sexual...

Gay rights icon Jim Obergefell will run for Ohio House seat, sources say
Gay rights icon Jim Obergefell will run for Ohio House seat, sources say

Jim Obergefell, whose name is on the landmark Supreme Court case that granted US same-sex marriage rights, will announce a run for an Ohio House seat.

Ghana Debt Dips Deeper Into Distress as Investors Quit
Ghana Debt Dips Deeper Into Distress as Investors Quit

(Bloomberg) -- As the era of cheap money draws to an end, bondholders are no longer prepared to cut Ghana any slack.Most Read from BloombergOne of the...

Emerge Hires Ocgrow Ventures CEO; Shares Pop
Emerge Hires Ocgrow Ventures CEO; Shares Pop

Emerge Commerce (TSE: ECOM), an acquirer and operator of direct-to-consumer (D2C) e-commerce brands, announced Monday the addition of Harish Consul, founder ...

Saudi Minister in UAE Says Not Place to Comment on Oil Market
Saudi Minister in UAE Says Not Place to Comment on Oil Market

(Bloomberg) -- Saudi Arabia's energy minister declined to comment on oil prices during a visit to the United Arab Emirates. Most Read from BloombergOne of...

Tonga eruption: How its impact spread so widely and violently
Tonga eruption: How its impact spread so widely and violently

The impact of a massive eruption in Pacific has been felt around the world.

6 Popular Financial Resolutions You Should Ditch Right Now (and What To Do Instead)
6 Popular Financial Resolutions You Should Ditch Right Now (and What To Do Instead)

Although the COVID-19 pandemic continues to rage on, the new year holds hope and promise and, like thousands of years past, New Year's resolutions. Around...

???? City MDs Reopen + Nassau
???? City MDs Reopen + Nassau's First Winery Opens

The quickest way to get caught up on the most important things happening today in Five Towns.

Record COVID-19 Levels Found In Florida Sewage: See Latest Data
Record COVID-19 Levels Found In Florida Sewage: See Latest Data

Wastewater analysis is giving U.S. counties, including one in Florida, an accurate look into the spread of coronavirus.

Exclusive-Major U.S. airline CEOs warn 5G could ground some planes, wreak havoc
Exclusive-Major U.S. airline CEOs warn 5G could ground some planes, wreak havoc

WASHINGTON (Reuters) -The chief executives of major U.S. passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis on...

People Are Sharing Their Best Work-Life Balance Tips, And, Honestly, I Need To Start Doing All Of Them
People Are Sharing Their Best Work-Life Balance Tips, And, Honestly, I Need To Start Doing All Of Them

"Work will never love you back."View Entire Post ›

Turmoil at the Top for Credit Suisse
Turmoil at the Top for Credit Suisse

Lehmann named new chairman after Horta-Osorio resignation

GlaxoSmithKline Says
GlaxoSmithKline Says 'No' 3 Times

Rejects Unilever's offers for its consumer health care business, claiming undervaluation

US airlines are combating the pilot shortage by raising pay, lowering requirements, and hiring from Australia
US airlines are combating the pilot shortage by raising pay, lowering requirements, and hiring from Australia

Delta Air Lines is no longer requiring college degrees for its pilots while a regional airline is offering bonuses of up to $40,000.

Apple
Apple's 24-inch 8-core iMac M1 is back down to $1,399

If you've been patiently waiting to pick up the new iMac, now is your chance to do so at a discount.

Space startup Wyvern raises $4.5M and joins YC
Space startup Wyvern raises $4.5M and joins YC's latest cohort

A Canadian startup working at the cutting edge of satellite imaging has raised $4.5 million across a combination of a $2.25 million seed round, and $2.25 million from a combined pre-seed and government funding. Wyvern, which is working specifically on hyperspectral imaging (imaging that captures light across many different wavelengths, including non-visible ones) is also joining Y Combinator's Winter 2022 cohort. Since then, the startup has made some significant moves beyond just the funding, including growing to a total of 18 employees and bringing on aerospace industry veteran and former Airbus CTO Christine Tovee.

Rebundle raises $1.4M for plant-based hair extensions
Rebundle raises $1.4M for plant-based hair extensions

This morning Rebundle, a hair-focused startup based in St. Louis, announced that it has raised $1.4 million in a pre-seed round. Prior to its pre-seed round, Rebundle had raised what CEO and co-founder Ciara Imani May described as six-figures worth of grant, and other non-dilutive capital in an interview with TechCrunch. Rebundle creates and sells hair extensions made from plant-based materials.

Bitcoin investors dig in for long haul in
Bitcoin investors dig in for long haul in 'staggering' shift

As bitcoin heads into 2022, a growing cohort of long-term investors is doubling down on its stashes of the cryptocurrency, hoping a December dip was merely a...

Walmart becomes latest brand to outline metaverse ambitions
Walmart becomes latest brand to outline metaverse ambitions

US retail giant Walmart has become the latest global brand to pivot to a metaverse and non-fungible tokens following a filing of seven trademark applications...

Gold Steady as Investors Weigh Policy Outlook Against Omicron
Gold Steady as Investors Weigh Policy Outlook Against Omicron

(Bloomberg) -- Gold steadied after its best week in two months as traders weigh the outlook for monetary policy against the threat posed by a fresh...

How to snap a screenshot on your iPhone: Talking Tech podcast

How to snap a screenshot on your iPhone: Talking Tech podcast

Unilever
Unilever's offer for GSK's consumer health raises doubts, questions over strategy

Unilever faces a dilemma after its 50 billion pound ($68 billion) offer for GlaxoSmithKline's consumer healthcare assets was rejected -- should it raise the ...

Apple Watch Series 7 models are up to 15 percent off at Amazon
Apple Watch Series 7 models are up to 15 percent off at Amazon

A four-pack of AirTags will run you $94.

Pakistan
Pakistan's Crime Agency to Ask Telecom Authority to Block Crypto Websites: Report

The State Bank of Pakistan has already submitted recommendations for regulating cryptocurrencies.

Burnt Finance raises $8M led by Animoca Brands, launches DeFi-oriented NFT marketplace
Burnt Finance raises $8M led by Animoca Brands, launches DeFi-oriented NFT marketplace

Burnt Finance is a crypto startup which, as a stunt, burnt a Banksy artwork and but then the NFT they'd minted for it for $400,000, double what it cost on...

Turkey
Turkey's Spyke raises $55M in a seed round to bring a social twist to casual mobile games

Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) and Dream (valued at $1 billion in a funding round last year). Now, a new startup is announcing a major round of funding to make its own mark on the space. Spyke Games, which hopes to bring a new dimension to casual games by using multiplayer functionality and other social elements, has raised $55 million in a seed round of funding.

Airlines respond to pilot shortage with higher pay, lower requirements

Delta Air Lines is no longer requiring college degrees for its pilots while a regional airline is offering bonuses of up to $40,000.

Janet Yellen: US economy 'has never worked fairly for Black Americans'

In her Monday remarks, US Treasury Secretary Janet Yellen referenced a financial metaphor in Dr. Martin Luther King's iconic "I Have a Dream" speech.

For Biden and His Democrats, a Crucial Month Lies Ahead

President and party seek momentum before March’s State of the Union address and before voter attitudes harden ahead of midterms

CDC Director Aims to Improve Covid-19 Messaging, Data Collection

Rochelle Walensky says she should have made clearer that the agency’s guidance could change as the pandemic evolves

Activision Blizzard Pushes Out Dozens of Employees Over Workplace Misconduct

Company’s actions have come in the wake of pressure from investors, business partners and employees to address complaints over its handling of misconduct issues

These companies are following through on their promises on diversity, equity, and inclusion

Despite setbacks, real progress on diversity is being made by companies across the U.S.

Target CEO predicts fewer shopping trips in 2022 due to gas, inflation

Target CEO Brian Cornell said shoppers are likely to eat at home and look for cheaper own brands this year due to inflation, Bloomberg reported.

US flights canceled as huge winter storm engulfs southeast

More than 90% of flights into or out of Charlotte Douglas International Airport were canceled Sunday, per FlightAware.

3 dead as Abu Dhabi fuel trucks explode in suspected drone attack

Fragments of what may have been a drone were found at the site and could have caused the explosion, police said. Houthi rebels claimed responsibility.

How to close the wealth gap, according to a Fortune 100 Black woman CEO

Thasunda Brown Duckett, CEO of TIAA, draws from the teachings of Dr. Martin Luther King Jr. on how to break the cycle of poverty in America.

25 books loved by Jeff Bezos, Elon Musk, Bill Gates to read this year

From sci-fi trilogies and history books to novels and biographies, here are 25 books Jeff Bezos, Elon Musk, and Bill Gates have read and recommended.

It’s time for Big Tech to play fair on IP

Armed with battalions of lawyers, U.S. tech giants use their position to swipe intellectual property from smaller competitors.

McDonald's restaurants are open 10% fewer hours than pre-pandemic: CEO

Chris Kempczinski, CEO of McDonald's, told The WSJ the company's 13,000 US locations were open for less time on average because of staff shortages.

McDonald's restaurants are open 10% fewer hours than pre-pandemic: CEO

Chris Kempczinski, CEO of McDonald's, told The WSJ the company's 13,000 US locations were open for less time on average because of staff shortages.

The Hidden Resignation: Employees are checking out on the job

Employers have botched their pandemic response, causing workers to check out of their primary jobs and turn their attention to side hustles.

Winter Storm Hits East Coast, Causing Power Outages and Flight Cancellations

More than 20 states could be affected Tuesday when heavy snow moves north; thousands of flights are canceled

Meet the Congressman who wants to make a 4-day work week the law

Representative Mark Takano of California says it's time to build a new normal — and shorten the work week.

China Seeks to Cushion Blow of Economic Pain as Momentum Slows

Beijing eases some earlier tightening policies amid uncertainty around Covid-19, property-market slump and looming drop-off in export demand

The best places for young people to buy their first homes: Utah, Florida

Redfin found 10 under-the-radar spots where there are lots of millennials and Gen Zers with incomes that are high relative to the cost of housing.

How to save more than half your income, from 'super savers' who do it

If you want to keep more of your paycheck, use these tried and true savings tactics, from house hacking to tracking your spending.

Rolls-Royce, Bentley, BMW Sales Surge as Cheaper Brands Lag Behind

Luxury sales boom as car makers shift scarce chip and raw materials toward high-margin models

Iowa’s Child-Care Problems Show Scale of Washington’s Challenge

While Congress debates solutions, child-care system is plagued by high prices and shortages of slots and workers

Giant Stock Swings Kick Off 2022

Hundreds of U.S.-listed companies are off more than 20% from highs. Many are in a bear market.

The FTC is probing Meta's VR division, report says

Investigators are looking into whether Oculus uses its market position to squash competition, sources told Bloomberg.

Putin Wants NATO to Back Off but Is Achieving ‘Exactly the Opposite,’ Says Alliance Chief

U.S. has most troops in Europe since Cold War because of Russia’s actions against Ukraine and West in recent years

Boris Johnson wishes he could 'turn back the clock' on lockdown parties

It's crunch time for the UK's Prime Minister to save his job, as his own MPs call for Boris Johnson to resign after more allegations emerge

World's 10 richest men's fortunes more than doubled in pandemic: Oxfam

Oxfam calculated that the wealth of the world's 10 richest men grew by $15,000 a second — $1.3 billion a day — from March 2020 to November 2021.

Apple is requiring its workers to get Covid vaccine boosters

Employees will have to submit proof of COVID-19 booster shots or take rapid tests before entering a store or office from February 15.

Serbia Closer to Joining EU as Voters Back Constitution Change

Serbia took a step closer to joining the European Union as voters in the Balkan nation decided to change the constitution to create a more independent judiciary in line with the 27-member bloc’s standards.

Trump trash talks Ron DeSantis in private, says he has a 'dull personality': report

Sources said Trump made a point of saying he isn't worried that DeSantis will run for president in 2024.

Sen. Tim Kaine says 'the core' of the spending bill will likely pass

"Even the White House economist is using the past tense when referring to Build Back Better. It's dead," CBS's Margaret Brennan told Sen. Tim Kaine.

China GDP Grew 8.1% in 2021, Though Momentum Slowed in Fourth Quarter

China’s GDP grew just 4% in the fourth quarter compared with a year earlier

Credit Suisse Chairman to Leave After Breaking Covid-19 Travel Rules

Board had investigated António Horta-Osório’s personal use of corporate aircraft and breach of quarantine rules

Credit Suisse Chairman to Leave After Breaking Covid Travel Rules

Board had investigated António Horta-Osório’s personal use of corporate aircraft and breach of quarantine rules

China Virus Hit, Fed Inflation Woes, Omicron Down Under: Eco Day

Welcome to Monday, Asia. Here’s the latest news and analysis from Economics to help you start the week.

Long COVID may be worsening the labor crisis: report

Workers suffering from long COVID could account for 15% of the US labor market's unfilled jobs, according to the Brookings Institute.

Walmart makes plans to enter the metaverse

The retailer joins a slew of businesses rushing to capitalize on Web3 and the metaverse.

Texas Hostage Taker Identified as British Citizen Who Traveled to U.S. in Recent Days

Malik Faisal Akram, 44 years old, died after a standoff with law enforcement Saturday at a Colleyville, Texas, synagogue

Vaccines Aren’t Done Shaping Djokovic’s Tennis Legacy

The 20-time major winner’s deportation from Australia may be just the start of his struggles to enter major tournaments as an unvaccinated player.

Hogan: Biden's delayed COVID-19 'hijacking' state efforts

Hogan said that the Biden administration appeared to be buying up tests that had already been ordered for distribution by states.

University of Michigan Fires President Over Inappropriate Relationship With Subordinate

Emails sent from the university’s account show Mark Schlissel behaved in a way ‘inconsistent with the dignity and reputation of the university,’ regents say

Russia’s European Neighbors Rattled by Putin’s Moves

The U.S. is trying to convince its European allies to follow its policy approach. It may be a hard sell with some.

5 pandemic-era online side hustles to make ends meet

56% of millennials took on a side hustle during the pandemic. Here are 5 popular ones that have been helping people supplement their income.

Day Traders as ‘Dumb Money?’ The Pros Are Now Paying Attention

Last year, an army of day traders turned markets upside down. This year, professional fund managers are finding that they better keep tabs.

How the labor shortage could last beyond the pandemic

Employees left the workforce at a record pace during the pandemic. Here's who bailed out — and why they're unlikely to return anytime soon.

Omicron Surge Pressures U.S. Hospitals

Surgeon General Vivek Murthy warns of tough weeks ahead as hospitalizations rise

Former probation officer quit his job, joining the 'Great Resignation'

Juan Antonio Sorto felt guilty leaving his job for fear of letting down his family. But after joining the Great Resignation, he's never been happier.

Financial planner spent $20K visiting Antarctica over buying a home

Jake Northrup delayed buying a home to take the trip of a lifetime. He and his wife care more about experiencing life than maximizing their net worth.

Amtrak pays 1,500 disabled people harmed by inaccessible rail stations

The Department of Justice announced that Amtrak paid $2.25 million to passengers who experienced disability discrimination travel ing by train.

A gamer who makes $148 a day via play-to-earn shares top 10 metaverses

The longevity of a metaverse will be determined by its earning potential and how much fun it is to play.

Top News: Business

© Copyright Daily Magazine