IBM spinoff joins a long list of questionable corporate names
There’s a new member in the pantheon of the worst-named companies in history. Introducing “Kyndryl.” That is the actual name of the…
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Dow futures sink after US urges pause on Johnson & Johnson Covid-19 vaccine
Wall Street has been riding high as America’s vaccination program exceeded expectations, lifting prospects of a speedy economic recovery. But a…
Continue Reading$1.3 trillion dealmaking frenzy isn’t slowing down
No one knows for sure what the post-coronavirus era holds. But businesses are doing their best to get ready, announcing a wave of mergers and…
Continue ReadingBitcoin soars to new record above $62,700
Bitcoin has rocketed to a new record above $62,700 as investors gear up for this week’s eagerly awaited direct listing of cryptocurrency…
Continue ReadingTrade is giving China’s economic recovery a boost
China’s economic recovery is continuing to gather steam. Imports surged more than 38% last month in US dollar terms compared to a year earlier,…
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Oregon OSHA fines Bend, Redmond Black Bear Diners more than $35,000
Oregon OSHA announced Monday it has fined two Black Bear Diner locations, in Bend and Redmond, more than $35,000 for violating standards designed to…
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Oregon high-proof, low-cost spirits to rise in price; Bend distiller sees little impact
The Oregon Liquor Control Commission approved a “floor pricing” plan for distilled spirits that will increase the price of the lowest-priced spirits…
Continue ReadingAlessandra Galloni to lead Reuters News
One of the world’s oldest and most prestigious newsrooms will be led by a female editor for the first time. Alessandra Galloni will be the next…
Continue ReadingFox has no problem with Tucker Carlson’s ‘replacement theory’ remarks, says Lachlan Murdoch
Fox Corporation chief executive Lachlan Murdoch dismissed the Anti-Defamation League’s demand that the company fire host Tucker Carlson,…
Continue ReadingLachlan Murdoch dismisses ADL complaint, says Fox sees no problem with Tucker Carlson’s ‘replacement theory’ remarks
Fox Corporation chief executive Lachlan Murdoch dismissed the Anti-Defamation League’s demand that the company fire host Tucker Carlson,…
Continue ReadingCEOs vow to fight voting restrictions despite threats from Trump and McConnell
Dozens of business leaders held an hour-long brainstorming session over the weekend to discuss ways to fight controversial voting restrictions…
Continue ReadingNike wants to resell your (lightly) worn shoes in some stores
Nike is now reselling returned sneakers at a discount in select stores in an effort to reduce waste. Nike on Monday announced an initiative where it…
Continue ReadingEnglish pubs can open again but 2,000 have already gone under
Shops, gyms, pubs and beauty salons in England have welcomed back customers after three months of lockdown, delivering a crucial boost to retail and…
Continue ReadingCyberattacks are the number-one threat to the global financial system, Fed chair says
Cyberattacks are now the foremost risk to the global financial system, even more so than the lending and liquidity risks that led to the 2008…
Continue ReadingBitcoin is back above $60,000 as Coinbase gets ready for public debut
The bitcoin bull market rages on: The price of one bitcoin is back above $60,000, and not far from its all-time high, as investors gear up for this…
Continue ReadingPowell tells ’60 Minutes’ that US economy is at an ‘inflection point’
Federal Reserve Chair Jerome Powell said the US economy is at an “inflection point,” and that growth and job creation is poised to…
Continue ReadingMastercard launches carbon calculator in its latest attempt to go green
Mastercard wants consumers to understand how much their spending habits are contributing to carbon emissions and global warming. The credit card…
Continue ReadingSmall investors are taking an unexpected break. Here’s why
After a raucous start to the year, Wall Street expected non-professional traders to pump chunks of their $1,400 stimulus checks into the stock…
Continue ReadingVice removes altered photos of Khmer Rouge victims as Cambodia protests
US media group Vice has removed altered photographs of Khmer Rouge genocide victims from its website after a furious backlash in Cambodia and on…
Continue ReadingDeal between Korean battery firms is a big lift for US EV makers
Two major makers of lithium batteries used for electric vehicles have reached a deal on an intellectual property dispute that threatened to curtail…
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