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Month: October 2021

Amazon and Apple warn of supply chain issues

CNN, CNNBUSINESS By Clare Duffy and Rishi Iyengar, CNN Business Even Amazon and Apple are grappling with the global supply chain crunch. Both companies reported revenue results on Thursday that fell short of Wall Street analysts’ expectations and warned that supply chain issues could weigh on business in the December quarter. Amazon missed Wall Street

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Senate confirmation votes build out Biden’s Justice Department leadership team

By Tierney Sneed President Joe Biden saw the number of Senate-confirmed members of his Justice Department leadership team nearly double Thursday, with the upper chamber approving four nominees to critical positions. Biden’s picks to lead the DOJ’s National Security Division, Office of Legal Counsel and Office of Legal Policy were all confirmed in floor votes

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Billionaires’ wealth has soared 70% in the pandemic. That’s one reason why Democrats wanted to tax them.

By Tami Luhby, CNN Already massively wealthy, America’s billionaires saw their collective fortunes soar more than 70% to more than $5 trillion during the pandemic. That’s one reason why congressional Democrats were zeroing in earlier this week on this elite group of roughly 700 people to help pay for their massive social spending package. They

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