Airline and bank websites go down in another major internet failure
Airlines, banks, stock exchanges and trading platforms suffered brief website outages early Thursday after a key piece of internet infrastructure…
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Morgan Stanley CEO to NYC workers: Be back in the office by September or else
The CEO of one of Wall Street’s top investment banks has a message for employees in its New York offices. You need to come back to work this…
Continue Reading Bank of America is encouraging vaccinated employees to return to the office after Labor Day
Bank of America is encouraging its vaccinated employees to return to the office after Labor Day in September, the company’s CEO Brian Moynihan…
Continue Reading Top builder says the housing boom isn’t over just yet
Intense bidding wars and supply shortages for lumber and other building materials threaten to finally derail the housing market. But one top…
Continue Reading Democrats want JPMorgan to refund Covid-era overdraft fees — and scrap them forever
New York Democrats want JPMorgan Chase to return the overdraft fees the bank collected during the pandemic — and to scrap the hated charges…
Continue Reading JPMorgan Chase buys robo-adviser Nutmeg ahead of UK banking launch
The biggest US bank is ramping up its plans to expand in the United Kingdom. JPMorgan Chase announced Thursday that it’s buying Nutmeg, the UK…
Continue Reading Hong Kong police declare Apple Daily newsroom a crime scene as editors and executives arrested under national security law
Hong Kong police declared the Apple Daily newspaper office a crime scene Thursday, after 500 officers descended on the premises to arrest executives…
Continue Reading Another service outage briefly broke the internet. It could happen again
For the second time in 10 days, a giant chunk of the internet briefly broke because of an outage at a company most people have probably never heard…
Continue Reading The 1970s moon buggies are still up there. GM and Lockheed Martin want to make new ones
There are three 50-year-old cars parked on the moon. Now, General Motors and Lockheed Martin wants to build some new ones and put them on the moon,…
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CureVac shares drop 45% after disappointing Covid vaccine results
Shares in CureVac plummeted on Thursday after the German biotech company said that interim trial results showed its experimental Covid-19 vaccine was…
Continue Reading Facebook Fast Facts
Here’s a look at the social media network, Facebook. Facts Facebook had 2.8 billion monthly active users around the world, as of March 31,…
Continue Reading Gold loses its shine as Fed hints at rate hikes
The Federal Reserve surprised the market Wednesday with projections that future interest rate hikes will come a bit sooner than expected. Gold bugs…
Continue Reading Jobless claims unexpectedly rose last week
Claims for unemployment benefits rose unexpectedly last week, marking the first increase in initial claims since late April. Another 412,000 workers…
Continue Reading IKEA, Nivea and Grolsch pull ads from GB News days after launch
A number of companies are pulling advertising from GB News just days after Britain’s newest and most controversial TV channel launched with a…
Continue Reading Texas authorities threaten SpaceX with legal action over beach closures, private security
BOCA CHICA, Texas — SpaceX received a warning from a district attorney in Texas this week, warning that the company could be violating several…
Continue Reading Financial markets are moving into a new era
What Federal Reserve Chair Jerome Powell said in staid tones on Wednesday may not have sounded momentous. It was. What’s happening: The US…
Continue Reading Juneteenth 2021: How major companies are celebrating
Major corporations are celebrating Juneteenth in unique ways this week. The annual June 19 tradition, which falls on Saturday this year, commemorates…
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‘Good opportunity’ for El Paso teens to find a summer job
EL PASO, Texas — Hiring signs can be seen all across the Borderland as employers are looking to fill positions this summer. While they’re struggling…
Continue Reading Several major airlines are dealing with disruptions after widespread website outages
Several airlines, including Southwest, United, and Virgin Australia, acknowledged ongoing website system issues late Wednesday. In a statement to CNN…
Continue Reading Microsoft names CEO Satya Nadella as chairman
Satya Nadella is now even more powerful at Microsoft. The tech giant’s CEO was named chairman of the board Wednesday, elevating his current…
Continue Reading Hong Kong police arrest Apple Daily editors and executives under national security law
Hong Kong police have arrested executives and top editors working for the pro-democracy newspaper Apple Daily under the city’s national…
Continue Reading China launches 3-man crew to new space station in ambitious program’s 1st crewed mission in 5 years
JIUQUAN, China (AP) – China has launched the first three-man crew to its new space station in its the ambitious programs first crewed mission…
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SUV goes up in flames outside AutoZone store in central El Paso
EL PASO, Texas — An SUV parked in front of an AutoZone store in central El Paso went up in flames Wednesday afternoon while the vehicle’s owner was…
Continue Reading New Yorker, Ars Technica and Pitchfork reach agreement on union contracts after contentious battle with Condé Nast
After a protracted battle that nearly led to a workers strike, the staffers at three Condé Nast publications — The New Yorker, Ars Technica and…
Continue Reading Microsoft shareholder pushes company to address sexual harassment after Bill Gates misconduct allegations
An activist investor is urging Microsoft to do more to combat sexual harassment following misconduct allegations against its founder Bill Gates. In a…
Continue Reading Facebook is testing AI to get you to stop fighting in its groups
Conversations can quickly spiral out of control online, so Facebook is hoping artificial intelligence can help keep things civil. The social network…
Continue Reading The Fed expects to raise rates sooner than you’d think
The Federal Reserve expects to raise interest rates in 2023, according to new economic projections the central bank published Wednesday. That’s…
Continue Reading Beyond bitcoin: These altcoins are super popular
Bitcoin and ethereum are the Coke and Pepsi of crypto: Their combined value of about $1 trillion accounts for nearly two-thirds of the overall $1.6…
Continue Reading Reporter confronts Putin: ‘What are you so afraid of?’
ABC News reporter Rachel Scott on Wednesday confronted Russian President Vladimir Putin about his crackdown on political opponents. “The list…
Continue Reading Biden apologizes after losing temper while addressing CNN’s Kaitlan Collins: ‘I shouldn’t have been such a wise guy’
President Joe Biden on Wednesday apologized to CNN’s chief White House correspondent, Kaitlan Collins, after he lost his temper while speaking…
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