El Salvador To Build Cryptocurrency-Fueled “Bitcoin City”
LA LIBERTAD, El Salvador (AP) — In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside “Bitcoin City” at the ba...
Official: Israel To Sign Solar Power Deal With Jordan In UAE
DUBAI, United Arab Emirates (AP) — Israel is set to sign a declaration of intent with neighboring Jordan on building a major solar power plant in the kingdom that will be used to g...
Cap On Drug Price Hikes For Privately Insured Sparks Battle
WASHINGTON (AP) — Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden's sweeping soci...
Palestinian Human-Rights Activist Sues Ben & Jerry’s For Stirring ‘Hatred’ With Boycott
NEW YORK (JNS) - Palestinian human-rights activist Bassem Eid filed a complaint in New York state recently against Ben & Jerry’s over the ice-cream maker’s decision to boycott ...
NYC Aims To Be First To Rein In AI Hiring Tools
Job candidates rarely know when hidden artificial intelligence tools are rejecting their resumes or analyzing their video interviews. But New York City residents could soon get mor...
Republican Attorneys General Discuss Countering Ben & Jerry’s Boycott Against Israel
Representatives from 11 Republican state attorney general offices in the United States met in Washington, D.C., this week to discuss how to address Ben & Jerry’s refusal to sel...
Consumers Caught In Middle As Amazon, Visa Clash Over Fees
LONDON (AP) — Customers are caught in the middle of a growing dispute between Amazon and Visa over transaction fees.
The online retail giant moved this week to stop shoppers fro...
Starbucks, Amazon Open Grab-And-Go Store In New York
Starbucks and Amazon are teaming up on a grab-and-go store format.
The Seattle-based companies will open their first Starbucks Pickup with Amazon Go location on Thursday in New ...
Musk Sells More Shares Than He Needs To Pay Current Tax Bill
DETROIT (AP) — Elon Musk is selling more Tesla shares than he needs to pay current tax obligations, and experts say he's either converting part of his fortune from stock to cash, o...
Home Depot Sales Continue To Surge In Hot Housing Market
Home Depot's sales continued to climb through third quarter with the U.S. housing market red hot.
Revenue rose 9.8% to $36.82 billion, exceeding the $34.97 billion Wall Street h...
Americans Ramped Up Retail Spending A Strong 1.7% Last Month
WASHINGTON (AP) — Americans largely shrugged off higher prices last month and stepped up their spending at retail stores and online, providing a boost to the economy.
Retail sal...
E-Commerce Mattress Maker Casper Sold For About $308 Million
NEW YORK (AP) - The e-commerce mattress maker Casper is being acquired and taken private, less that a year after its public debut, for about $308 million.
Shares of Casper Sleep...
Reports: Trump Selling DC Hotel To Investment Firm For $375M
WASHINGTON (AP) — Donald Trump’s opulent hotel near the White House that drew lobbyists and diplomats seeking favor with the ex-president as well as criticism as a symbol of his et...
Data Center Reits Fetch Big Money; Cyrusone Sold For $11.5B
CyrusOne is being acquired for $11.5 billion, the second big sale in recent months of a real estate investment trust focused on data centers.
In August, Blackstone completed a $...
Tesla Driver’s Complaint Being Looked Into By US Regulators
DETROIT (AP) — U.S. auto safety regulators are looking into a complaint from a Tesla driver that the company’s “Full Self-Driving” software caused a crash.
The driver was beta t...
Musk Sells More Tesla Share
DETROIT (AP) — Tesla CEO Elon Musk sold another chunk of his stock on Thursday after pledging on Twitter to liquidate 10% of his holdings in the electric car maker.
Musk sold ab...
McDonald’s CEO Faces Growing Criticism After Gun Victim Text
CHICAGO (AP) — The CEO of McDonald’s faced increasing criticism and calls for resignation Thursday following text messages he sent to Chicago Mayor Lori Lightfoot where he seemed t...
Explainer: Why US Inflation Is So High, And When It May Ease
WASHINGTON (AP) — Inflation is starting to look like that unexpected — and unwanted — houseguest who just won’t leave.
For months, many economists had sounded a reassuring messa...
After Twitter Poll, CEO Musk Sells Off $5B In Tesla Shares
DETROIT (AP) — After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker's stock, raising over $5 billion.
The sales, di...
Rivian About To Surpass GM As 2nd Most Valuable US Carmaker
NEW YORK (AP) — Rivian Automotive, a company that went public a day ago and hopes to produce 1,000 electric vehicles by the end of the year, will surpass General Motors to become t...