Retailers plead with Biden to fix port congestion that has upended supply chains
The National Retail Federation is calling on the White House to address the logjam at US ports that is snarling commerce as the economy swiftly…
Continue ReadingBusiness
Major US mall owner files for bankruptcy
Washington Prime Group, a major mall owner of more than 100 locations across the United States, filed for bankruptcy, citing pandemic-related…
Continue ReadingMerrick Garland says he’ll enforce DOJ’s pledge against spying on journalists
Attorney General Merrick Garland says he will work to put the Justice Department’s new pledge against spying on journalists into regulation, so…
Continue ReadingGrocery retailer Boxed is going public in an $887 million SPAC deal
Online grocery shopping is hotter than ever, and Boxed is cashing in: It’s going public in an $887 million deal with a special purpose…
Continue ReadingExclusive: Companies face a financial risk from the climate crisis. States want them to reveal just how much
Corporate America must be compelled to fess up about the financial risks posed by the climate crisis, a coalition of state attorneys general told the…
Continue ReadingThis cannabis stock is a new Reddit favorite
Cannabis company Tilray, which recently merged with rival Aphria, has seen its stock surge as of late thanks to — you guessed it — love from the…
Continue Reading
Bitcoin jumps as Elon Musk suggests way that Tesla could start accepting it again
Elon Musk is sending bitcoin’s price on another volatile ride. The price of bitcoin is surging after Tesla CEO Elon Musk tweeted Sunday that…
Continue ReadingAirline stocks have soared. They’re not in the clear yet
Air travel in the United States is back. That’s great news for airline stocks, which have rallied this year on hopes that domestic trips would…
Continue ReadingFederal safety regulators investigating AmazonBasics products highlighted in CNN report
The federal agency responsible for overseeing consumer product safety is investigating Amazon-branded electronic products highlighted in a CNN…
Continue ReadingThe West is uniting to confront China. How worried should Beijing be?
Editor’s note: CNN will be launching the Meanwhile in China newsletter on June 21, a three-times-a-week update exploring what you need to know…
Continue Reading
Attorney general will discuss Trump administration media probe with leaders of CNN, WaPo, NYT
Leaders from CNN, The New York Times and The Washington Post will meet with US Attorney General Merrick Garland on Monday to discuss the Trump…
Continue Reading
E3 2021: Xbox and Bethesda finally unveil release date for ‘Starfield’
Square Enix, maker of the popular “Final Fantasy” franchise, got off to a rough start with its Sunday afternoon E3:2021 showcase of new…
Continue ReadingE3 2021: Here’s what’s happening on Day 2 of the video game industry’s biggest trade show
E3 2021 rolled into its second day Sunday when Microsoft and Bethesda made their highly anticipated joint showcase debut, nine months after their…
Continue Reading‘In the Heights’ notches a lackluster box office opening
“In the Heights” did not reach the box office heights some thought it would. The film, which is based on Lin-Manuel Miranda’s Tony…
Continue ReadingInvestors and the Fed aren’t freaking out about inflation. Should they?
There is a gigantic disconnect between Main Street and Wall Street when it comes to inflation. Something’s got to give. The US government…
Continue ReadingGM shareholders have never had it this good
Mary Barra — and GM shareholders — is about to have the best shareholder meeting of her seven-plus year tenure on Monday. At last…
Continue ReadingWhere inflation is taking a breather: Your doctor’s office
Prices are rising rapidly in every corner of the economy as it emerges from the pandemic. But some areas are bucking that trend. Medical care…
Continue ReadingGB News launches in Britain to take on ‘woke warriors’
GB News wants to make one thing very clear: The upstart TV channel does not see itself as the British Fox News. “That is an easy, inaccurate…
Continue Reading
Oregon eviction moratorium ends June 30; Brown extends mortgage foreclosure moratorium
As Oregon nears its vaccination target to reopen the economy, Gov. Kate Brown announced Friday she is extending the state’s mortgage foreclosure…
Continue Reading
Bend Chamber, other biz groups urge state to fund ‘modest’ return-to-work bonuses, to ease hiring crunch
The Bend Chamber has joined a consortium of business advocates in a letter to Gov. Kate Brown’s office, recommending the use of some federal…
Continue Reading