The Turkish lira swings wildly as Erdogan’s big gamble continues
Erdogan said the government would try to protect Turkish savers worried about the tumbling value of their nest eggs by...
Month: December 2021
Chinese ‘live-streaming queen’ Viya hit with huge tax evasion penalty – CNN Video
Chinese live-stream shopping influencer Huang Wei, known as Viya, has received a $210 million penalty for tax evasion and has...
KKR and BMG Buy Into ZZ Top’s Music
KKR & Co. Inc. and BMG are betting on ZZ Top. The investment firm and music company have acquired all...
Philippines’ typhoon death toll rises further as areas remain cut off
Super Typhoon Rai -- known locally as Odette -- has now claimed at least 375 lives since it ripped through...
Nike’s Supply Crunch Stunts Growth Again
Global supply-chain constraints continue to hurt Nike Inc.’s NKE -2.71% sales. The sneaker giant reported for a second consecutive quarter...
Tigrayan forces pull out of neighboring Ethiopian regions in step toward possible ceasefire
In a letter to UN Secretary-General Antonio Guterres and UN Security Council President Abdou Abarry, dated Sunday and seen by...
U.S. Sets 55-Mile-a-Gallon Fuel-Efficiency Standard for 2026 Models
WASHINGTON—The Biden administration on Monday raised fuel-efficiency standards for passenger cars and light duty trucks, saying the new standards will...
Russian businessman with Kremlin ties extradited to US and charged in multi-million-dollar insider trading scheme
Vladislav Klyushin, owner of M-13, a Russian company that offers media monitoring and cybersecurity services, is charged along with four...
Oracle’s Larry Ellison Targets the Health Cloud With $28.3 Billion Bid for Cerner
Oracle Corp. ORCL -4.27% on Monday announced its largest deal ever, a roughly $28.3 billion purchase of electronic-medical-records company Cerner...
Why the mask mandate on planes is good for business
"I think the case is very strong that masks don't add much if anything in the air cabin environment," he...
Moderna Says Covid-19 Booster Dose Works Against Omicron Variant in Lab Tests
Moderna Inc. said a third dose of its Covid-19 vaccine increased immune responses against the Omicron coronavirus variant compared with...
China spent 2021 battling business. Xi Jinping will play it safer this year
Add that to a handful of other problems in the world's second largest economy, and you have some serious risks...
Fearing torture and possible execution, Iranian powerlifter quit team in Norway and ran for his life
The 31-year-old Iranian lifter told CNN that in the middle of the tournament, he felt compelled to abandon his team...
Science reporters say new Covid-19 surge is a ‘collective issue’
People in major cities waited in long lines for Covid tests over the weekend... but millions also queued up to...
Airlines Brace for Flight Restrictions in 5G Standoff
Airlines have begun planning for possible flight disruptions from a new fifth-generation cellular service slated to go live early next...
Covid-19’s Omicron Variant Starts to Take Toll on Businesses
Covid-19’s accelerating spread has hampered operations and slowed sales at some companies in a matter of days, but many say...
Business Lobby Seeks to Delay Tax Rise That Funds Biden Spending Plan
WASHINGTON—A coalition of large multinational companies has launched a late lobbying blitz to delay a tax increase on foreign earnings...
Tech-Savvy Kids Defeat Apple’s and Others’ Parental-Control Features
For the past three years, Lance Walker has been locked in a cat-and-mouse game with his 11-year-old daughter for control...
A teacher raised more than $100,000 to purchase enough food to keep thousands of children from going hungry over winter break
The 34-year-old library teacher at Lakewood Elementary School in Durham, North Carolina, does everything she can to prove it, and...
The data that shows Boomers are to blame for the labor shortage
One of the more insidious myths making the rounds this year was that young people didn't want to work because...
