Pandemic Loans Are Coming Due but Some Businesses Aren’t Ready to Repay
Borrowers grapple with a slower-than-expected rebound and new economic challenges. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
FTX’s Sam Bankman-Fried Charged With Criminal Fraud, Conspiracy
U.S. prosecutors, in an indictment unsealed Tuesday, accused the crypto exchange’s founder of a scheme to defraud customers and his...
States Demand That Google, Apple Raise Content Ratings for TikTok
TechAttorneys general warn of legal action if app stores don’t classify it as for mature audiences Source link
U.S. Inflation Eased in November, CPI Report Shows
U.S. inflation eased significantly to 7.1% in November, its slowest pace since the end of 2021, the Labor Department said...
Lawsuit Over Taylor Swift’s ‘Shake It Off’ Lyrics Dropped
A federal judge dismissed a copyright suit against the singer, ending a case that had wound through the courts for...
Slowing Growth Edges Out Inflation as Top Concern
Equities and fixed-income markets have diverged in December, suggesting that investors’ preoccupation with inflation is fading. Source link
Twitter’s New Head of Trust and Safety Says Platform Wants to Move Quickly
The social-media platform is emphasizing moving swiftly to address problematic content, even if it means figuring out some specifics later. ...
Amgen Agrees to Deal to Buy Horizon Therapeutics
BusinessThe U.S. biotechnology company will pay $116.50 for each Horizon share Source link
FTC’s Tussle With Microsoft Puts Spotlight on Cloud Gaming
TechWhile cloud gaming is a small part of the videogame market, industry participants expect it to become more influential Source...
Orlando Airport Asks Airlines to Carry Additional Fuel to Avoid Flight Disruptions
BusinessBad weather along the Gulf Coast delayed fuel deliveries, the airport says Source link
NASA’s Orion Spacecraft Lands After Journey to Moon in Key Test for Artemis Mission
BusinessA major objective during final leg of mission was testing a heat shield Source link
Investors Grow More Confident Fed Will Pull Off a Soft Landing
Mutual funds and hedge funds are putting money in stocks that would benefit from slowing inflation and falling rates. Source...
Taylor Swift Tickets: How Many Might Be Left?
Dec. 10, 2022 10:00 am ETListen to article(1 minute)When historic demand for presale tickets to Taylor Swift‘s next tour overwhelmed...
FTC’s Move to Block Microsoft’s Deal for Activision Blizzard Came Despite Charm Offensive
TechThe software giant has said it wouldn’t block rivals from Activision games, but the agency says Microsoft had reneged on...
Lamborghini Looks to the Past as It Plans an EV Future
Luxury car makers are looking for ways to build a bridge between the old world of traditional automotive luxury and...
Survival Lessons From Past Tech Downturns
People who have been in the tech industry long enough to remember its previous major downturns have a message for...
Chrysler Parent Stellantis to Stop Operations at Jeep Cherokee Factory
The car maker said it would idle the 1,350-employee assembly plant in February, resulting in “indefinite layoffs.” Source link
Penguin Random House CEO Resigns Weeks After Simon & Schuster Deal Was Blocked
BusinessMedia & MarketingMarkus Dohle had testified a merger between the two publishing giants would benefit consumers and authors, but antitrust...
Workers at GM-LG Battery Plant in Ohio Vote to Unionize
BusinessAutos & TransportationAutos IndustryResult a win for UAW, which plans campaigns at slew of U.S. battery factories slated to open...
Costco Sales Growth Cools as Consumers Shift Discretionary Spending
The warehouse retailer posts a year-over-year increase in membership fees. Source link
