Business

The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday. Amalgamated Bank became the first major American bank to endorse HR 40, a piece of legislation sponsored by Rep. Sheila Jackson Lee that creates a commission to develop reparation proposals for African Americans. The bank also called

Non-fungible tokens, or NFTs, are the latest cryptocurrency phenomenon to go mainstream. And after Christie’s auction house sold the first-ever NFT artwork — a collage of images by digital artist Beeple for a whopping $69.3 million last week — NFTs have suddenly captured the world’s attention. So what are NFTs? In the simplest terms, NFTs

It’s been a long year for Disneyland fans, but “The Happiest Place On Earth” is finally set to reopen its doors. The flagship Disney resort, which houses Disneyland and its sister theme park California Adventure, plans to reopen with limited capacity on April 30, the company announced on Wednesday. Disneyland’s doors in Anaheim, California, have

The largest union-owned bank in the United States announced its support for reparations for African Americans on Wednesday. Amalgamated Bank became the first major American bank to endorse HR 40, a piece of legislation sponsored by Rep. Sheila Jackson Lee that creates a commission to develop reparation proposals for African Americans. The bank also called

London is fighting to maintain its standing as the best city outside New York for bankers and traders to do business. The British capital lost significant ground in the first Global Financial Centers Index published since the United Kingdom completed its exit from the European Union, barely holding onto its No. 2 spot in the

In the early days of the internet, it was novel and exciting to find ratings and reviews of contractors on a site like Angie’s List. That’s long changed — and it’s one reason the Angie’s List brand is being retired on Wednesday. In an ever-so-slight name change, Angie’s List will rebrand as Angi starting Wednesday.

Will crude oil prices continue their recent dramatic boom as the pandemic recovery takes hold? Perhaps not. The International Energy Agency said Wednesday that it does not expect oil to enter a “supercycle,” or extended period during which prices rise well above their long-run trend. “Oil’s sharp rally to near $70 per barrel has spurred

After months of sporting the “casual look” — in some cases surrendering fully to our inner shaggy and shabby — consumers are itching to trim, wax and glue their way back to their glorious pre-pandemic selves. Service providers for body waxes, eyelash extensions and one-hour shampoo and blowout combos say their business has revved up

Robinhood is widely expected to go public later this year despite the public relations black eye it received during the Reddit-induced GameStop mania. But another rapidly growing online trading rival will beat it to the market. EToro, a broker with more than 20 million users, said Tuesday that it is merging with FinTech Acquisition Corp.

Coronavirus fears shook Wall Street to its core last March. The Dow crashed nearly 3,000 points — a stunning 13% — a year ago today. Flash forward 12 months and the health crisis is not over, but investors are increasingly confident it soon will be. For the first time since February 2020, Covid-19 is no

Wildfires and hurricane-force winds produce stunning videos and headlines, but flooding is the most common and costly natural disaster in the United States. And almost no place in the country is immune as 98% of all counties in the US have experienced at least one flooding event. In the last decade alone, floods have caused

Purdue Pharma has filed a restructuring plan to dissolve itself and establish a new company dedicated to programs designed to combat the opioid crisis, according to court documents filed Monday. As part of the proposed plan, the Sackler family has agreed to pay an additional $4.2 billion over the next nine years to resolve various

When life came to a grinding halt a year ago, two national publications excelled at guiding readers through an unprecedented and scary pandemic, drawing record audiences and journalism awards. They each have wildly different origin stories: One is STAT, a five-year-old health and life sciences news site, launched as a sister publication to The Boston