Business

December 9, 2020
House approves defense policy bill with a veto-proof margin

The Democratic-controlled House easily approved a wide-ranging defense policy bill, defying a veto threat from President Donald Trump and setting up a possible showdown with the Republican president in the...

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December 9, 2020
Stocks open mostly higher on Wall Street, but Big Tech lags

Stocks are off to a mostly higher start on Wall Street, keeping several indexes near record highs, but weakness in some Big Tech shares kept the gains in check. The...

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December 9, 2020
Stocks open mostly higher on Wall Street, but Big Tech lags

Stocks are off to a mostly higher start on Wall Street, keeping several indexes near record highs, but weakness in some Big Tech shares kept the gains in check. The...

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December 9, 2020
Stocks open mostly higher on Wall Street, but Big Tech lags

Stocks are off to a mostly higher start on Wall Street, keeping several indexes near record highs, but weakness in some Big Tech shares kept the gains in check. The...

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December 9, 2020
The Latest: Hong Kong re-imposes restaurant dining bans

HONG KONG — Hong Kong is re-imposing a ban on in-restaurant dining after 6:00 p.m. and closing gyms, beauty parlors and other businesses and public venues as it tries to...

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December 9, 2020
The Latest: Hong Kong re-imposes restaurant dining bans

HONG KONG — Hong Kong is re-imposing a ban on in-restaurant dining after 6:00 p.m. and closing gyms, beauty parlors and other businesses and public venues as it tries to...

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December 9, 2020
The Latest: Hong Kong re-imposes restaurant dining bans

HONG KONG — Hong Kong is re-imposing a ban on in-restaurant dining after 6:00 p.m. and closing gyms, beauty parlors and other businesses and public venues as it tries to...

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December 9, 2020
Your order, Sir! Robots start delivering restaurant meals in Moscow (PHOTOS, VIDEOS)

Self-driving robot buggies started delivering restaurant orders to customers in central Moscow this week. Russian Internet giant Yandex is operating the service. Its Yandex.Eats app, one of several food and...

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December 9, 2020
Russia bans imports of tomatoes & apples from Azerbaijan

Russia's agricultural watchdog has restricted shipments of tomatoes and apples from Azerbaijan after pests were found in the products. The embargo comes into force on December 10. Russia's Rosselkhoznadzor (Federal...

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December 9, 2020
Russian online retailer Ozon raises $1.2 billion in country’s best IPO debut since 2011

Strong investor interest in the market debut of one of Russia's leading e-commerce platforms, Ozon, helped the company to raise more than $1.2 billion when it went public last month....

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December 9, 2020
Russian online retailer Ozon raises $1.2 billion in country’s best IPO debut since 2011

Strong investor interest in the market debut of one of Russia's leading e-commerce platforms, Ozon, helped the company to raise more than $1.2 billion when it went public last month....

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December 9, 2020
Economic decoupling from China ‘act of national self-sabotage’ – Australian MP

A productive relationship between Canberra and Beijing is in the interest of both countries, according to Tim Watts, a Labor member of Australia's parliament. Relations between the countries have deteriorated...

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December 9, 2020
Kentucky governor points to economic projects in COVID era

Despite the economic turmoil caused by the coronavirus, Kentucky's governor said his office has announced more than 270 economic development projects during his first year in office. Those projects totaled...

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December 9, 2020
Consumer prices in China decline for first time in over decade

The recovery in pork supply has driven consumer prices in China lower for the first time since 2009, according to new data from the country's statistics agency. The consumer price...

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December 9, 2020
Competitive CNN shows post-election surge in viewership

Since the presidential election, CNN has been on one of its best competitive rolls in almost two decades, enough that it is taking out newspaper ads touting its success. Between...

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December 8, 2020
UCLA will be outfitted by Nike, Jordan Brand starting in ’21

UCLA will be outfitted by Nike beginning next year under a six-year deal announced Tuesday. The Bruins football and men's and women's basketball teams will be outfitted under the Jordan...

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December 8, 2020
UCLA will be outfitted by Nike, Jordan Brand starting in ’21

UCLA will be outfitted by Nike beginning next year under a six-year deal announced Tuesday. The Bruins football and men's and women's basketball teams will be outfitted under the Jordan...

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December 8, 2020
California’s hospitals filling up as virus cases skyrocket

Some California hospitals are close to reaching their breaking point, prompting Gov. Gavin Newsom to bring in hundreds of hospital staff from outside the state and to prepare to re-start...

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December 8, 2020
California’s hospitals filling up as virus cases skyrocket

Some California hospitals are close to reaching their breaking point, prompting Gov. Gavin Newsom to bring in hundreds of hospital staff from outside the state and to prepare to re-start...

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December 8, 2020
California’s hospitals filling up as virus cases skyrocket

Some California hospitals are close to reaching their breaking point, prompting Gov. Gavin Newsom to bring in hundreds of hospital staff from outside the state and to prepare to re-start...

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December 8, 2020
Chuck Yeager, 1st to break sound barrier, dies at 97

Retired Air Force Brig. Gen. Charles “Chuck” Yeager, the World War II fighter pilot ace and quintessential test pilot who showed he had the “right stuff” when in 1947 he...

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December 8, 2020
Sea level rise could flood thousands of Miami’s affordable housing spots, research shows

Daelé Guerra keeps a stack of bricks in her first-floor apartment in Hialeah. It's the only protection she can afford against the floodwaters that have ruined all of her belongings...

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December 8, 2020
A Florida painting company shorted workers $55,000 in pay through overtime violations

A Lakeland company has paid $55,439 in earned overtime pay it hadn't paid employees before a U.S. Department of Labor investigation, the federal agency announced Monday. The back pay went...

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December 8, 2020
Say what? Apple unveils headphones priced at $549!

Apple has announced the release date of its new over-ear headphones, AirPods Max, that will cost you as much as a decent smartphone or a budget laptop. Music lovers who...

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December 8, 2020
Deal or no deal? Boom Bust explores the Brexit saga & what comes next

The UK and the European Union are back in post-Brexit trade talks, with tensions still running high. UK PM Boris Johnson has warned that securing a deal will be “very...

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December 8, 2020
Post-Covid apocalypse, decimation of cities & Amazon buys Cyprus: Saxo Bank unveils ‘outrageous’ predictions for 2021

Danish investment bank Saxo Bank has released its annual list of “outrageous predictions,” trying to assess some unlikely – but not impossible – events that could shake up the global...

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December 8, 2020
Tesla joins exclusive club as company’s market cap eclipses $600 BILLION

The value of US electric car maker Tesla reached $608 billion on Monday for the first time, as its shares continued their epic 2020 run. The firm thus joins the...

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December 8, 2020
World Economic Forum moves from Davos to Singapore as pandemic continues to sweep across Europe

Covid-19 has forced the World Economic Forum (WEF) to move from Davos to Singapore next year. The event will mark only the second time in two decades the key annual...

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December 8, 2020
Bitcoin will displace US dollar as global trade unit of account, cryptocurrency expert tells RT’s Keiser Report

Max Keiser and Stacy Herbert look at the statement from Larry Fink, chairman and CEO of the world's biggest money-management firm BlackRock, who says the US dollar could be less...

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December 8, 2020
Asian stocks follow Wall Street lower amid virus worries

Asian stock markets followed Wall Street lower on Tuesday as surging coronavirus infections in the United States and some other countries tempered investor optimism about development of possible vaccines. Shanghai,...

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December 7, 2020
Surging Buffs focus on Utah, not Pac-12 title game scenarios

Colorado linebacker Carson Wells prefers to treat football games much like rounding up 600-pound cattle on his family's ranch — one at a time. Easier that way. That's why he's...

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December 7, 2020
Washington state expects lower toll revenue amid pandemic

Transportation officials in Washington state have considered increasing toll route prices and other finances as the coronavirus pandemic resulted in lower revenues previously expected to help pay off larger road...

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December 7, 2020
China’s forex reserves hit 4-year high on booming trade & strong yuan

China boosted its foreign exchange reserves, the world's largest, by over $50 billion in one month. The holdings rose to the highest in more than four years to reach $3.178...

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December 7, 2020
China’s forex reserves hit 4-year high on booming trade & strong yuan

China boosted its foreign exchange reserves, the world's largest, by over $50 billion in one month. The holdings rose to the highest in more than four years to reach $3.178...

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December 7, 2020
Honda recalled 118,000 off-road vehicles. A problem can send them out of control

Even more so than vehicles designed for roads, off-road vehicles need good steering control. That's why Honda recalled about 118,600 Pioneer 700 and Pioneer 1000 off-road vehicles. The problem, as...

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December 7, 2020
Paris Air Show canceled amid Covid pandemic uncertainty

The organizers of the Paris Air Show, known as Le Bourget, announced on Monday the cancellation of next year's event due to “uncertainty” over the coronavirus pandemic. They called the...

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December 7, 2020
Apple co-founder Steve Wozniak’s сryptocurrency skyrockets 1400%

A new cryptocurrency token, launched by Steve Wozniak's new green energy and blockchain project Efforce, has surged in value since last week's listing on one of the world's largest crypto...

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December 7, 2020
A Florida farm labor company owed $45,000 in pay. It’s banned from the H-2A visa program

Violations of pay and housing led to a Labelle company and the two men who run it being debarred from participating in the H-2A visa program for two years, the...

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December 7, 2020
A Florida farm labor company owed $45,000 in pay. It’s banned from the H-2A visa program

Violations of pay and housing led to a Labelle company and the two men who run it being debarred from participating in the H-2A visa program for two years, the...

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December 7, 2020
Iran sends BIGGEST EVER fleet of oil tankers to Venezuela, defying US sanctions

Iran is sending a large fleet of oil tankers to Venezuela to help the Latin American nation survive a severe lack of fuel, Bloomberg has reported, citing sources. Both countries...

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