Global oil prices have fully recovered from the pandemic
After a rocky 12 months, oil prices — which got crushed when Covid-19 slashed demand for energy around the world — are roaring back. What’s…
Continue ReadingBiz/Tech
Analysis: The end of the road for Lou Dobbs
Nothing unusual happened when Lou Dobbs hosted his Fox Business show on Thursday evening. His hour was full of Fox’s usual themes about…
Continue Reading Clubhouse blocked in China as censors shut rare space for sensitive political debate
Clubhouse appears to have been blocked in China just days after it became the go-to app for uncensored conversations on a host of sensitive issues…
Continue Reading Tesla says you could soon pay for one of its cars with bitcoins
Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars. And the most valuable car company on the…
Continue Reading
Bruce Springsteen and Jeep call for unity in 2-minute long Super Bowl commercial
Bruce Springsteen issued a call for common ground, unity and political centrism in a 2-minute long ad for Jeep set to run during the Super Bowl on…
Continue Reading Despite huge losses, US airlines are rolling in cash
The US airline industry just closed the books on the worst year in its history, losing a combined $32 billion excluding special items. Yet it still…
Continue Reading Why Fox News canceled Lou Dobbs
Fox News’ official reason for canceling Lou Dobbs’ show — a post-election programing adjustment — doesn’t quite add up.…
Continue Reading Biden turns to skills that powered his 2020 victory to sell Covid-19 relief
Nearly three weeks into office, President Joe Biden is trying to do what he knows how to do best — connect with average Americans, letting them…
Continue Reading Super Bowl LV: All you need to know about the commercials
It’s that time of year again, when people actually look forward to watching TV commercials. Millions of viewers will tune in to Super Bowl LV,…
Continue Reading ‘Saturday Night Live’ takes on the Super Bowl
Sunday is an unofficial holiday in the US as the NFL kicks off the Super Bowl, and “Saturday Night Live” had plenty to say about it. The…
Continue Reading A new children’s book about Wuhan’s coronavirus whistleblower teaches bravery
A new children’s book called “Doctor Li and The Crown-Wearing Virus” is the origin story of Doctor Li Wenliang, who first raised…
Continue Reading Kroger to pay workers $100 if they get the Covid-19 vaccine
Kroger has joined a growing list of large US grocery store chains offering incentives for workers to get the Covid-19 vaccine. The company announced…
Continue Reading Harris and Yellen work with Black business leaders on recovery plan
Vice President Kamala Harris called on America’s Black business leaders to help spread the word that it is critical for Black Americans to take…
Continue Reading Fox Business suddenly cancels ‘Lou Dobbs Tonight,’ its highest-rated show
Lou Dobbs, the longtime host of the signature right-wing talk show on the Fox Business Network, was canned by the network on Friday night. “Lou…
Continue Reading New York Times parts way with two journalists over separate controversies
Two prominent staffers of The New York Times who’d been the focus of high-profile recent controversies for the paper — audio producer Andy…
Continue Reading Myanmar blocks Twitter and Instagram
Myanmar further expanded its internet crackdown, ordering a block of Twitter and Instagram days after the country’s military seized power in a…
Continue Reading Stocks rise again even as jobs report shows slow recovery
The first jobs report of the Joe Biden presidency was less than OK — but Wall Street cheered anyway. Stocks rose Friday, extending all-time…
Continue Reading A Black woman will be the world’s top trade official for the first time
The path has been cleared for Nigeria’s Ngozi Okonjo-Iweala to become the first woman and the first African to lead the World Trade…
Continue Reading Amazon loses attempt to delay milestone union vote at Alabama warehouse
Thousands of Amazon warehouse workers at an Alabama facility will be able to cast their votes on whether to unionize by mail-in ballots beginning…
Continue Reading Luckin Coffee files for bankruptcy in the US
Luckin Coffee, once hailed as China’s homegrown rival to Starbucks, has filed for bankruptcy in the United States less than a year after the…
Continue Reading Employees working from home are putting in longer hours than before the pandemic
Enjoying more free time while working from home? Maybe not. New research conducted during the pandemic shows that home-working employees in the…
Continue Reading
Biden emphasizes ‘urgency’ of Covid relief after sluggish jobs report
WASHINGTON, DC — President Biden delivered remarks on the economy Friday after the first jobs report during his presidency was released earlier in…
Continue Reading He spent years advocating for construction workers. Now he could shake up the gig economy
Marty Walsh may not seem like the person to overhaul the gig economy. He spent years advocating for construction workers and less time on the…
Continue Reading ‘Stop f—ing selling!!!’ WallStreetBets Redditors go ballistic over GameStop’s sinking share price
Reddit favorite GameStop isn’t looking so hot this week and some of the stock’s biggest backers are freaking out. After selling off…
Continue Reading Peloton is spending $100 million to reduce delivery delays
Peloton’s rapid ascent to becoming a must-have home fitness accessory has caused major delivery delays that are angering new customers. The…
Continue Reading GM, Ford and other carmakers can’t get enough chips. It’s a huge problem
A semiconductor shortage is battering the global auto industry at a crucial moment, and the pressure shows no sign of easing soon. What’s…
Continue Reading Here’s what it’ll be like to call a Super Bowl during a pandemic
Jim Nantz has called many Super Bowls (six, to be exact), but none can compare to this Sunday’s big game. For starters, Super Bowl LV will mark…
Continue Reading US economy adds 49,000 jobs in January — a grim sign for the jobs recovery
America’s jobs recovery has lost steam: Even though 49,000 jobs were added in January, the nation is still down nearly 10 million jobs since…
Continue Reading Kuaishou stock soars 160% in world’s biggest IPO since 2019
Kuaishou’s stock skyrocketed in value Friday as the TikTok-like video app scored the world’s biggest IPO since the coronavirus pandemic…
Continue Reading Stocks pop despite jobs report showing slow recovery
The first jobs report of the Joe Biden presidency was less than okay — but Wall Street cheered anyway. Stocks rose Friday morning, extending…
Continue Reading