Sunday, November 27, 2022

Business

SHOCK STUDY: 1 in 4 Employers Less Likely to Hire Jews, 29% Say Antisemitism ‘Acceptable’

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NEW YORK (Yaakov M / VINnews) — A new study shows a shockingly high prevalence of antisemitism in the workplace. Employers discriminate against Jews for a variety of reasons...

Unemployment Claims Rise To 240,000, Highest Since August

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WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose the highest level since August but still remains low by historic standards. The Labor Departmen...

Despite Musk’s Reinstatement, Here’s Why Trump May Not Be Allowed to Tweet

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Mar-A-Lago (VINnews) — Although his Twitter account has been reinstated by Elon Musk, President Trump may face a big obstacle preventing him from posting tweets. He could potent...

Bankrupt Exchange FTX Owes Top Creditors Over $3 Billion

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NEW YORK (AP) — The failed cryptocurrency exchange FTX owes more than $3 billion to its largest creditors, the company disclosed in a court filing over the weekend. The list of ...

More Twitter Workers Flee After Musk’s ‘Hardcore’ Ultimatum

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Twitter continued to bleed engineers and other workers after new owner Elon Musk gave them a choice to pledge to “extremely hardcore” work or resign with severance pay. While it...

Trump Org.’s Longtime CFO Chokes Up, Says He Betrayed Trust

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NEW YORK (AP) — Donald Trump’s longtime finance chief choked up on the witness stand Thursday, saying he betrayed the Trump family's trust by scheming to dodge taxes on $1.7 millio...

Exec Says FTX Mess ‘Unprecedented’, Worse Than Enron

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NEW YORK (AP) — The man who had to clean up the mess at Enron says the situation at FTX is even worse, describing what he calls a “complete failure” of corporate control. The fi...

Target’s 3Q Profit Drops 52% As Shoppers Force Price Cuts

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NEW YORK (AP) — An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third-quarter profits at Target down 52% after it wa...

Musk Says He Expects To Find A New Twitter CEO “Over Time”

NEW YORK (AP) — Billionaire Elon Musk, who just took over as the chief executive at Twitter after buying the company, said he does not want to be the CEO of any company. Musk to...

Airbnb Aims To Convince More People To Rent Out Their Homes

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NEW YORK (AP) - Convinced that the boom in leisure travel is permanent, Airbnb aims to expand its listings by convincing more people to turn their homes into short-term rentals. ...

Musk Gives Twitter Workers Deadline To Decide Job Fate

NEW YORK (AP) — Elon Musk says Twitter is a software and servers company at its heart and wants employees to decide by Thursday evening if they want to remain a part of the busines...

Size, Scope Of FTX Failure Gets Clearer As Users Fear Worst

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NEW YORK (AP) — Just days after cryptocurrency's third-largest exchange collapsed, the public is starting to get an idea of how messy FTX's bankruptcy case could be. Other crypto f...

US Says Airlines To Refund More Than $600 Million To Flyers

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NEW YORK (AP) - Frontier Airlines and four foreign carriers have agreed to refund more than $600 million combined to travelers whose trips were canceled or significantly delayed si...

1970s Sandals Worn By Steve Jobs Auctioned For $218K

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LOS ANGELES (AP) — The California house where Steve Jobs co-founded Apple is a historical site, and now the sandals he wore while pacing its floors have been sold for nearly $220,0...

Jeff Bezos Says He Will Give Away Most Of His Fortune

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NEW YORK (AP) — Amazon founder Jeff Bezos said he will give away the majority of his wealth during his lifetime, becoming the latest billionaire to pledge to donate much of his vas...

FTX Bankruptcy Also Endangers Founder’s Philanthropic Gifts

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NEW YORK (AP) — The rapid collapse of cryptocurrency exchange FTX into bankruptcy last week has also shaken the world of philanthropy, due to the donations and influence of FTX fou...

Sam Bankman-Fried’s Downfall Sends Shockwaves Through Crypto

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NEW YORK (AP) — Sam Bankman-Fried received numerous plaudits as he rapidly achieved superstar status as the head of cryptocurrency exchange FTX: the savior of crypto, the newest fo...

Trump Org. Executive Says He Helped Colleagues Dodge Taxes

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NEW YORK (AP) — One of Donald Trump’s top moneymen admitted Thursday to breaking the law to help fellow Trump Organization executives avoid taxes on company-paid apartments and oth...

Art From Microsoft Founder Paul Allen Sells For $1.5 Billion

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NEW YORK (AP) — Works by artists including Cézanne, Seurat, and van Gogh sold for a record-breaking $1.5 billion during the first part of Christie's two-day auction of the late Mic...

Wall Street Surges, Dow Up 1,200 Points On Cooling Inflation

NEW YORK (AP) — Wall Street blasted off Thursday to soar to its best day in more than two years as exhilaration swept through markets after a report showed inflation in the United ...