business news
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Panic ordering by retailers is making the supply chain crisis ‘even worse’
Shipping containers in the Port of Los Angeles in Los Angeles, California, U.S., on Wednesday, Oct. 13, 2021. Kyle Grillot…
Read More » - Energy & Environment
Former Australian Prime Minister Turnbull says ‘clean coal’ is a scam
The concept of “clean coal” is a scam, according to former Australian Prime Minister Malcolm Turnbull. Speaking with CNBC Tuesday…
Read More » - Politics
Jan. 6 committee votes to hold Trump ally Steve Bannon in contempt for ignoring subpoena
The select committee investigating the deadly Capitol riot voted Tuesday evening to advance criminal contempt proceedings for Steve Bannon after…
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How rising UK Covid cases could be ‘a compelling argument for boosters’
Former Obama White House policy director Dr. Kavita Patel explained why the surging number of Covid cases in the United…
Read More » - Technology
Theranos boasted of ‘highest levels of accuracy’ in mailings to Rupert Murdoch and other investors
Rupert Murdoch Drew Angerer | Bloomberg | Getty Images SAN JOSE, CALIF. — Theranos sent binders claiming the healthcare company…
Read More » - Asia
Asia stocks rise; IMF downgrades region’s 2021 economic growth forecast
SINGAPORE — Shares in Asia-Pacific advanced in Wednesday morning trade following an overnight rise on Wall Street as the S&P…
Read More » - US
‘Squid Game’ has been watched by two-thirds of all Netflix users but hasn’t moved the needle on U.S. subscribers
Scene from “Squid Game” by Netflix Source: Netflix It may seem like every American you know has watched “Squid Game,”…
Read More » - Money
Younger investors are treating crypto trading like a ‘competition’ with their friends, UK regulator says
Casino chips decorated with bitcoin logos. Andrey Rudakov | Bloomberg | Getty Images LONDON — The vast majority of traders…
Read More » - News
Biden’s climate agenda at risk as Democrats negotiate budget bill
Senator Joe Manchin, a Democrat from West Virginia, gets into a vehicle following a vote at the U.S. Capitol in…
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Netflix posts solid beats on earnings and new subscribers
Netflix shares dipped about 1% after-the-bell Tuesday after the company posted third quarter results, showing investors the streamer can continue…
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United Airlines posts higher-than-expected revenue after travel demand rebounds
United Airlines on Tuesday reported higher-than-expected revenue as travelers returned in the summer, despite a hit from the delta variant.…
Read More » - Money
A drop in wages prompted worries some people’s Social Security benefits could be reduced. The recovery helped change that
VALERIE MACON | AFP | Getty Images When the Covid-19 pandemic prompted a dramatic drop in wages, that also sparked…
Read More » - News
Homeland Security Secretary Mayorkas tests positive for Covid, is experiencing mild symptoms
U.S. Secretary of Homeland Security Alejandro Mayorkas speaks about an investigation into the treatment of Haitian migrants on the U.S.-Mexican…
Read More » - Politics
FBI raids homes linked to Russian oligarch and Putin associate Oleg Deripaska
Russian tycoon Oleg Deripaska speaks to media in front of the office of Gorkovsky Automobile Plant (GAZ) in Nizhny Novgorod,…
Read More » - Energy & Environment
Amazon’s new net-zero carbon pledge is focused on the oceans, as shipping giants pursue alternative fuels
Amazon and IKEA are among the major companies pushing the ocean shipping industry to adopt zero-carbon fuel sources for vessels by…
Read More » - Money
Biden’s pick to run a key bank regulator runs into Democratic resistance in the Senate
Saule Omarova United States Committee on Banking, Housing and Urban Affairs President Joe Biden’s pick to run one of Washington’s…
Read More » - US
10-year Treasury yield rises above 1.6% level
The 10-year U.S. Treasury yield rose Tuesday, surpassing the 1.6% level. The yield on the benchmark 10-year Treasury note added…
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CDC study shows Pfizer Covid vaccine is 93% effective against hospitalization in 12- to 18-year-olds
Dr. Salma Elfaki examines 16-year-old Diego Alvarez, a patient in a Moderna COVID-19 vaccine clinical trial for adolescents being conducted…
Read More » - Technology
Facebook settles claims it discriminated against U.S. workers for some jobs in favor of temporary visa holders
Mark Zuckerberg, chief executive officer and founder of Facebook Inc., speaks during a House Energy and Commerce Committee hearing in…
Read More » - Asia
IMF downgrades its growth forecast for Asia, says Covid still ‘ravaging’ the region
The International Monetary Fund’s logo at its headquarters in Washington, D.C. Thomas Trutschel | Photothek | Getty Images The International…
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