China turns off the lights in ‘Christmas town’ as officials race to meet energy targets
For months, factories in the city of Yiwu, known as China’s “Christmas town,” have been cranking out most of the tinsel,…
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Nearly a million people flew in America on Christmas Eve
After air travel broke a pandemic record on Wednesday, the TSA says it screened 846,520 people at airports nationwide on Thursday. The Christmas Eve…
Continue Reading SEC sues Ripple and two executives for selling XRP crypto: A $1.3 billion illegal security offering
The US Securities and Exchange Commission filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for illegally selling…
Continue Reading Rush Limbaugh says he didn’t expect to be alive in an emotional last show of 2020
Rush Limbaugh wrapped up his final show of 2020 with an emotional outpouring of gratitude for the support he’s received during his battle with…
Continue Reading Joe Biden holds court with newspaper columnists in ‘old-fashioned’ approach
The contrast between President Donald Trump and President-elect Joe Biden was a daily story in 2020 — and Wednesday was an excellent example.…
Continue Reading Brexit is finally done. It will leave the UK poorer
The United Kingdom and the European Union have agreed on a trade deal, closing the book on more than four years of uncertainty over how the country…
Continue Reading These were the deadliest jobs in the US last year, according to the Bureau of Labor Statistics
Work-related deaths reached a 12-year high in 2019 at more than 5,300, according to new data from the Bureau of Labor Statistics. A worker died every…
Continue Reading Biden’s post-election stock market bump is easily beating Trump’s
The Biden era is off to a roaring start on Wall Street, even surpassing the euphoria following President Donald Trump’s upset victory in 2016.…
Continue Reading ‘Perfect storm’ of high package volume, employees out with COVID slowing USPS deliveries before Christmas
A historic amount of packages and rising employee Covid-19 rates are causing significant backlogs at US Postal Service processing facilities before…
Continue Reading Visa continues its ban on Pornhub but will allow payments on some of its parent company’s sites
Visa said Wednesday it will allow customers to make payments on some adult websites owned by Pornhub’s parent company, MindGeek. The allowed…
Continue Reading SEC sues Ripple and two executives for selling XRP crypto: A $1.3 billion securities fraud
The US Securities and Exchange Commission filed a lawsuit against cryptocurrency platform Ripple, its CEO, and its chairman, for orchestrating…
Continue Reading Another 803,000 Americans filed for unemployment benefits last week
Claims for unemployment benefits fell across most categories in Wednesday’s Labor Department report. Still the job market recovery has stalled…
Continue Reading Lufthansa airlifts fresh food to England as UK border chaos continues
Germany’s Lufthansa operated a special cargo flight to airlift fruit and vegetables to England on Wednesday as shortages of food and other…
Continue Reading Marc Benioff of Salesforce is the CNN Business CEO of 2020
The year 2020, to put it mildly, was a challenging one for Corporate America. Still, some high-profile companies — and their leaders —…
Continue Reading The pandemic is forcing older workers to retire early
America has gone from having the strongest job market in decades to the very opposite during the pandemic. For older workers who have lost their jobs…
Continue Reading Trump’s private bankers resign from Deutsche Bank
The private bankers responsible for lending to President Donald Trump and Jared Kushner have resigned from Deutsche Bank, the bank said.…
Continue Reading Walmart contributed to the prescription opioid crisis for years, breaking the law, the Justice Department alleges
The Department of Justice is alleging that Walmart broke the law and contributed to the prescription opioid crisis by filling thousands of invalid…
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This billionaire warns that America’s massive wealth gap could lead to conflict
Ray Dalio, the billionaire founder of the world’s largest hedge fund, is deeply worried about a divided and profoundly unequal America as…
Continue Reading Airlines welcome back thousands of furloughed workers after Congress passes stimulus bill
Executives from United and American Airlines announced plans Tuesday to bring back thousands of their furloughed workers in response to Congress…
Continue Reading The Senate races in Georgia will shape the economic recovery
Just before the buzzer sounds on 2020, Washington has finally agreed on a $900 billion relief package that avoids driving the US economy off a cliff.…
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