Fed dismisses worries about inflation and pledges to keep rates low
The Federal Reserve left interest rates unchanged Wednesday and assured investors that there are no near-term plans to raise them. Interest rates are…
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Fed warns of a slowing recovery, leaves rates unchanged
The Federal Reserve left interest rates unchanged Wednesday and again stressed it would use its “full range of tools” to support the US…
Continue Reading No, Joe Biden didn’t just ban fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue Reading Ben & Jerry’s co-founders want to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
Continue Reading Facing back-to-back crises, Boeing posts a record loss
Boeing closed the books on its worst year ever, posting record losses and plunging sales on the backs of combined crises: the Covid-19 pandemic and…
Continue Reading Ben & Jerry’s wants to make it easier to sue cops who abuse their authority
Ben & Jerry’s two co-founders want to make it easier for Americans to sue police officers who abuse their authority, a move that reform…
Continue Reading Jerome Powell and Janet Yellen aren’t worried about inflation. Maybe they should be
Federal Reserve chair Jerome Powell and his predecessor Janet Yellen, now the first woman to serve as Treasury secretary, are both known for their…
Continue Reading EU and AstraZeneca fight over vaccine delays while death toll mounts
A war of words between the European Union and AstraZeneca escalated on Wednesday as the two sides argued in public over coronavirus vaccine delays…
Continue Reading Walgreens taps Starbucks executive Rosalind Brewer to be its CEO
Rosalind Brewer will be the next CEO of Walgreens — making her the only Black woman currently slated to take the helm of a Fortune 500 company.…
Continue Reading Tech earnings could supercharge a greedy stock market
Earnings from some of the biggest US technology companies could push the market to new highs as talk of a stock bubble continues to ripple through…
Continue Reading No, Joe Biden still isn’t banning fracking
President Joe Biden is cracking down on the oil-and-gas industry, but he is not taking the extreme steps the Trump campaign claimed he would last…
Continue Reading EU vaccine delivery dates weren’t guaranteed, says AstraZeneca CEO
AstraZeneca is pushing back strongly against criticism from EU officials over delayed deliveries of its Covid-19 vaccine. In an interview with…
Continue Reading Walmart’s latest strategy to get your stuff to you faster
Walmart plans to build automated mini-warehouses in dozens of its stores to speed up customers’ online delivery and curbside pickup orders in a…
Continue Reading Goldman Sachs slashes CEO pay by $10 million over massive scandal
Goldman Sachs cut chief executive David Solomon’s annual compensation by $10 million, or 36%, following a penalty deduction that resulted from…
Continue Reading Pepsi bets on plant-based snacks with Beyond Meat
Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains…
Continue Reading Pepsi and Beyond Meat are teaming up on plant-based snacks
Beyond Meat and PepsiCo are combining forces to develop and distribute snacks and drinks made with plant-based protein as the plant-based trend gains…
Continue Reading CBS suspends two top execs after LA Times report alleging racism and misogyny
CBS has suspended two of its top TV executives following a Los Angeles Times investigation that alleged they cultivated a toxic work culture…
Continue Reading Airbnb was ensnared in the Capitol Riot fallout. It somehow still came out on top
Brian Chesky had some air mattresses, but not much more, in 2008 when the presidential election triggered an idea for his then-fledgling startup,…
Continue Reading Goya board silences its CEO after he tells Fox News the election was rigged
Goya’s board of directors had enough of CEO Robert Unanue’s public comments in support of former President Donald Trump and his unfounded…
Continue Reading The stock market is at peak dumb: Etsy soars because Elon Musk tweets about it
Tesla CEO Elon Musk is the richest person on the planet, but he’s apparently still happy to shop on handmade craft site Etsy. And in a sign of…
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