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Business News
TikTok faces bans in US and other countries. Here's why.
Officials raise concerns of data security but critics warn of overreach.
February 28, 2023Malaysia, Cambodia sign pacts on Cambodian workers
Malaysia and Cambodia have signed two agreements on the employment of Cambodian migrant workers as Malaysian Prime Minister Anwar Ibrahim makes his first visit to Phnom Penh since becoming his country’s leader in November
March 27, 2023Lyft to pick up new CEO amid deepening post-pandemic losses
Lyft co-founders Logan Green and John Zimmer are relinquishing their leadership roles to make way for a former Amazon executive as the ride-hailing service struggles to recover from the pandemic while long-time rival Uber has been regaining its momentum
March 27, 2023
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3 hours ago
U.S. renewable electricity surpassed coal in 2022
The U.S. Energy Information Administration announced that electricity generated from renewables surpassed coal electricity production in the United States for the first time in 2022
3 hours ago
March 27
Lyft to pick up new CEO amid deepening post-pandemic losses
Lyft co-founders Logan Green and John Zimmer are relinquishing their leadership roles to make way for a former Amazon executive as the ride-hailing service struggles to recover from the pandemic while long-time rival Uber has been regaining its momentum
March 27
March 27
California lawmakers OK potential fines for high gas prices
California lawmakers have approved the nation's first penalty for price gouging at the pump
March 27
March 27
Tiger and Trout get together to build New Jersey golf club
Tiger Woods and Mike Trout have joined forces in a new golf club
March 27
March 27
Minnesota suit against e-cigarette maker Juul goes to trial
Minnesota Attorney General Keith Ellison is slated to lead off opening statements expected Tuesday in his state’s lawsuit against Juul Labs
March 27
March 27
How major US stock indexes fared Monday 3/27/2023
Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now
March 27
March 27
Blackbaud, International Flavors rise; Carnival, MAG fall
Stocks that traded heavily or had substantial price changes Monday: Blackbaud, International Flavors rise; Carnival, MAG fall
March 27
March 27
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for May delivery rose $3.55 to $72.81 a barrel Monday
March 27
March 27
St. Louis sues Kia, Hyundai over rash of car thefts
A federal lawsuit accuses automakers Kia and Hyundai of failing to install industry-standard anti-theft technology, resulting in thousands of thefts of vehicles in St. Louis
March 27
March 27
South Dakota gov's veto of cryptocurrency regulations upheld
South Dakota’s House has failed to override Gov. Kristi Noem’s recent veto of a bill that would have created government regulations for the use of cryptocurrency in the state
March 27
March 27
Taylor Swift fans in court over Ticketmaster fiasco
Fans allege the company violated antitrust laws in setting prices.
March 27
March 27
Finland's NATO membership: What's next?
Finland has moved one step closer to joining NATO after Hungary ratified the Nordic country’s bid on Monday
March 27
March 27
Fed official: SVB itself was main cause of bank's failure
The nation’s top financial regulator is asserting that Silicon Valley Bank’s own management was largely to blame for the bank’s failure earlier this month and says the Federal Reserve will review whether a 2018 law that weakened stricter bank rules als...
March 27
March 27
What can Google's AI-powered Bard do? We tested it for you
To use, or not to use, Bard
March 27
March 27
Binance and founder Changpeng Zhao sued by CFTC
The Commodity Futures Trading Commission is suing Binance and its founder Changpeng Zhao, claiming numerous violations of the Commodity Exchange Act and CFTC regulations
March 27
March 27
Chipotle agrees to pay after closing store that sought union
Chipotle Mexican Grill has agreed to pay $240,000 to former employees as part of a settlement stemming from a complaint that the company violated federal law by closing a restaurant where workers wanted to unionize
March 27
March 27
Twitter celebs balk at paying Elon Musk for blue check mark
William Shatner, Monica Lewinsky and other prolific Twitter commentators — some household names, others little-known journalists — could soon be losing the blue check marks that helped verify their identity on the social media platform
March 27
March 27
Train derails in rural North Dakota and spills chemicals
A Canadian Pacific train derailed in rural North Dakota Sunday night and spilled hazardous materials
March 27
March 27
2 police hurt, 143 people held in Vienna gas talks protest
Two police officers were injured in scuffles that broke out when protesters tried to break through a police cordon during a demonstration against a meeting of oil and gas companies in Vienna
March 27
March 27
Silicon Valley Bank assets to be sold to First Citizens, FDIC says
Seventeen SVB branches will open as First Citizens Bank branches on Monday.
March 27
March 27
More relatives of Colorado shooting victims sue Sturm Ruger
More relatives of people shot to death at a Colorado supermarket in 2021 are suing gun-maker Sturm, Ruger & Co. over how it marketed the firearm used in the massacre
March 27
March 27
Poland, EU seek to boost munitions production
Officials from Poland and the European Union have discussed artillery munitions manufacturing as part of a new, 2 billion euro ($2.2 billion) program to supply Ukraine in its war against invading Russian forces and to replenish Europe's dwindling stocks
March 27
March 27
Supreme Court to hear lawsuit involving disability activist
The Supreme Court will decide whether a disabled activist can file disability rights lawsuits against hotels she doesn’t intend to visit
March 27
March 27
Ukrainian President Volodymyr Zelenskyy has met with UN atomic energy agency chief Rafael Mariano Grossi in Ukraine
Ukrainian President Volodymyr Zelenskyy has met with UN atomic energy agency chief Rafael Mariano Grossi in Ukraine
March 27
March 27
Saudi Aramco to invest billions in Chinese petrochemicals
Saudi Arabia’s state-owned oil giant Aramco will invest billions of dollars in China’s downstream petrochemicals industry, including in the construction of a new refinery
March 27
March 27
Humza Yousaf elected to head Scottish National Party, will be Scotland’s first leader of color
Humza Yousaf elected to head Scottish National Party, will be Scotland’s first leader of color
March 27
March 27
Louvre staff block entrances as part of pension protest
The Louvre Museum in Paris has been closed to the public because its workers took part in the wave of French protest strikes against the government’s unpopular pension reform plans
March 27
March 27
Zelenskyy meets with UN atomic agency chief in Ukraine
The U_N_’s atomic energy chief has warned Ukrainian President Volodymyr Zelenskyy that the perilous situation at Europe’s largest nuclear plant “isn’t getting any better."
March 27
March 27
Wind industry predicts bounceback and rapid growth in 2023
Incentives and policy changes could help overcome what led to a slow 2022.
March 27
March 27
Silicon Valley Bank assets to be sold to First Citizens, FDIC says
First Citizens Bank will buy about $72 billion in assets from the failed Silicon Valley Bank, the Federal Deposit Insurance Corporation said.
March 27
March 27
Alibaba's Jack Ma returns to mainland China
Alibaba founder Jack Ma has resurfaced in China after months of overseas travel, visiting a school in the eastern city of Hangzhou where he discussed various topics including artificial intelligence
March 27
March 27
Kimberly Palmer: How to use a tax refund to fight inflation
With prices rising on everyday items, consumers can use their tax refunds — which just over half of filers expect to receive — to offset some of those higher costs
March 27
March 27
Scotland to get 1st Muslim leader as SNP elects Humza Yousaf
Scotland’s governing Scottish National Party has elected Humza Yousaf as its new leader
March 27
March 27
Who is bidding to buy English soccer club Manchester United?
The race to buy Manchester United is taking shape
March 27
March 27
Privacy fears stymie government surveyors as responses dive
Response rates to federal surveys have been dropping in recent years due to growing public concern about privacy and online scams
March 27
March 27
Malaysia, Cambodia sign pacts on Cambodian workers
Malaysia and Cambodia have signed two agreements on the employment of Cambodian migrant workers as Malaysian Prime Minister Anwar Ibrahim makes his first visit to Phnom Penh since becoming his country’s leader in November
March 27
March 27
Strike over pay paralyzes rail, air travel in Germany
Trains, planes and public transit systems are standing still across much of Germany as labor unions called a major one-day strike over salaries in an effort to win inflation-busting raises for their members
March 27
March 27
Saudi National Bank chair resigns after Credit Suisse storm
The chairman of Saudi National Bank has resigned for “personal reasons” after his comments on Credit Suisse sent that firm’s stock cratering
March 27
March 27
A steel plant ready for war shows hit to Ukraine's economy
The damage to Ukraine’s metal industry has crippled a lucrative sector and key employer needed to support an economy cratered by war
March 27
March 27
Deal to buy Silicon Valley Bank calms bank fears, for now
First Citizens will acquire much of Silicon Valley Bank, the tech-focused financial institution whose lightning-quick failure this month set off a chain reaction that rattled faith in banks around the world
March 27
March 27
In Macron's France, streets and fields seethe with protest
Protesting is a rite of passage in France and again the rage
March 27
March 27
FDIC says First Citizens will acquire much of Silicon Valley Bank, whose collapse has rattled the banking industry
FDIC says First Citizens will acquire much of Silicon Valley Bank, whose collapse has rattled the banking industry
March 27
March 27
Most stocks tick up, including a jump for beaten-down banks
Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now
March 27
March 26
Twitter hunts Github user who posted source code online
Some parts of Twitter’s source code _ the fundamental computer code on which the social network runs _ were leaked online, the social media company said in a legal filing that was first reported by The New York Times
March 26
March 26
Black, Hispanic investors struggle with faith in crypto
Many Black and Latino investors were drawn to crypto by its promise to be pathway to wealth-building outside of a traditional financial system with long history of racial discrimination and indifference to the needs of low-income communities
March 26
March 26
Philadelphia residents warned about chemical spill in river
Philadelphia residents are being told that they may want to drink only bottled water following a chemical spill into the Delaware River in neighboring Bucks County
March 26
March 26
UP becomes second railroad to drop push for one-person crews
Union Pacific has become the second major freight railroad in the past week to back away from the industry's longstanding push to cut train crews down to one person as lawmakers and regulators increasingly focus on rail safety following last month's fi...
March 26
March 26
Adele extends Las Vegas residency, plans concert film
Adele has announced that she’s extending her Las Vegas residency with 34 more dates between June and November and also plans to release a concert film
March 26
March 26
Ukraine demands emergency UN meeting over Putin nuclear plan
Ukraine’s government has called for an emergency meeting of the U.N. Security Council to “counter the Kremlin’s nuclear blackmail” after Russian President Vladimir Putin revealed plans to station tactical atomic weapons in Belarus
March 26
March 26
Factory or farm? Oregon may alter land use for chipmakers
For exactly 50 years, Oregon’s farms and forests have been protected from urban sprawl by the nation’s first statewide law creating urban growth boundaries
March 26