Inflation Squeezes Holiday Budgets For Low-Income Shoppers
NEW YORK (AP) — Emarilis Velazquez is paying higher prices on everything from food to clothing.
Her monthly grocery bill has ballooned from $650 to almost $850 in recent months....
Sears To Sell Its Suburban Chicago Corporate Headquarters
HOFFMAN ESTATES, Ill. (AP) — Sears plans to sell the sprawling suburban Chicago corporate headquarters that's been the struggling retailer's home for three decades.
Transformco,...
Frum-Owned Swimply Raises $40M From Airbnb Investors and Other High-profile Backers
NEW JERSEY (VINnews) — Two young frum startup founders have just landed a massive investment.
Swimply, launched by Bunim Laskin and Asher Weinberger, has raised $40 million in a...
Yoel Goldman’s Renowned Development Firm Files For Bankruptcy
BROOKLYN (VINnews) — Renowned property developer Yoel Goldman’s real estate firm has become the latest victim of the Covid pandemic, and more specifically, the crushing government ...
Audi Recall: Water Can Enter Computer, Reducing Engine Power
DETROIT (AP) — Volkswagen's Audi luxury brand is recalling 289,000 SUVs in the U.S. because water can get into a control computer under the back seats.
The recall covers certain...
Harris Unveils Plan For Electric Vehicle Charging Network
WASHINGTON (AP) — The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down ...
Pfizer To Pay $6.7B In Cash For Arena Pharmaceuticals
Pfizer is spending $6.7 billion to buy a drugmaker that is developing treatments for inflammatory conditions like Chrohn’s disease but has no products on the market.
The pharmac...
Time Magazine’s “Person Of The Year” Is Elon Musk
NEW YORK (AP) — Calling him a “clown, genius, edgelord, visionary, industrialist, showman," Time magazine has named Tesla CEO Elon Musk as its Person of the Year for 2021.
Musk,...
Inflation Is Painfully High, But Some Relief May Be Coming
NEW YORK (AP) — Inflation is painfully high, but this hopefully is close to as bad as it gets.
Consumer prices rose 6.8% for the 12 months ending in November, a 39-year high. Ma...
Banksy Creates T-Shirt To Help Statue-Toppling Defendants
LONDON (AP) — Hundreds of people lined up Saturday in the English city of Bristol to get the latest work by elusive street artist Banksy — a T-shirt created to help four defendants...
US Consumer Prices Soared 6.8% In Past Year, Most Since 1982
WASHINGTON (AP) — Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring ...
Italy Fines Amazon $1.3B, Alleging Harm To Outside Sellers
MILAN (AP) — Italy’s anti-trust authority on Thursday fined Amazon 1.13 billion euros ($1.3 billion), accusing the company of exploiting its dominant position against independent s...
US Unemployment Claims Drop To 184,000, Lowest Since 1969
WASHINGTON (AP) — The number of Americans applying for unemployment benefits plunged last week to the lowest level in 52 years, more evidence that the U.S. job market is recovering...
Major Outage Hits Amazon Web Services; Many Sites Affected
Amazon’s cloud-service network suffered a major outage Tuesday, the company said, disrupting access to many popular sites. The service provides remote computing services to many go...
Google Pay Launches In Israel, Boon For Android Users
JERUSALEM (JNS) - Alphabet’s Google Pay launched in Israel on Tuesday and will allow Android mobile-phone users to purchase products in stores using wireless payments.
According...
Pressure Ratchets Up On Unilever To End Ben & Jerry’s Ice-Cream Boycott
NEW YORK (JNS) - Pressure is intensifying on the British company Unilever, the parent company of Ben & Jerry’s ice-cream brand, because of its announcement in July not to allow...
GOP Rep. Nunes Leaving Congress For Trump Social Media Firm
WASHINGTON (AP) — California Republican Rep. Devin Nunes, who was one of former President Donald Trump’s most devoted loyalists in Congress, is leaving the House at the end of this...
Trump Media Venture Unveils Forecasts, Regulatory Inquiries
NEW YORK (AP) — Donald Trump's new social media company forecasts it may have 81 million users by 2026, or nearly 7 million more people than voted for him in the last U.S. presiden...
DoorDash Launches 15-Minute Grocery Delivery In NYC
Starting Monday, DoorDash is offering grocery delivery in 15 minutes or less in the Chelsea neighborhood in New York.
But instead of the army of gig workers it typically relies ...
Trump Media Partner Says It Has Lined Up $1B In Capital
PALM BEACH, Florida (AP) — Donald Trump’s new social media company and its special purpose acquisition company partner say the partner has agreements for $1 billion in capital from...