Business

Vice President Kamala Harris called on America’s Black business leaders to help spread the word that it is critical for Black Americans to take the Covid-19 vaccine to begin repairing the economic damage caused by the pandemic. “If we’re going to build back up our economy, we’ve gotta get control of this,” Harris said of

Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars. And the most valuable car company on the stock market said it is holding some of its cash in bitcoin rather than traditional currency. In its annual filing with the Securities and Exchange Commission, Tesla said

After a rocky 12 months, oil prices — which got crushed when Covid-19 slashed demand for energy around the world — are roaring back. What’s happening: Brent crude futures, the global benchmark, have breached $60 per barrel, their highest level since January 2020. The immediate catalyst appeared to be weekend remarks from President Joe Biden

Nothing unusual happened when Lou Dobbs hosted his Fox Business show on Thursday evening. His hour was full of Fox’s usual themes about “radical Dims” (Democrats) and Big Tech “abusing their power.” “Join us here tomorrow,” he said at the end of the show. “See you then.” But that, it turned out, was his final

Tesla is betting big on bitcoin, saying it may soon accept the digital currency as payment for its cars. And the most valuable car company on the stock market said it is holding some of its cash in bitcoins rather than traditional currency. In its annual filing with the Securities and Exchange Commission, Tesla said

The US airline industry just closed the books on the worst year in its history, losing a combined $32 billion excluding special items. Yet it still ended 2020 awash in an ocean of cash. The nation’s four largest airlines — American, Delta, United and Southwest — among them had $31.5 billion in cash on their

Fox News’ official reason for canceling Lou Dobbs’ show — a post-election programing adjustment — doesn’t quite add up. Dobbs was the highest-rated host on Fox Business. He often doubled his lead-in’s ratings. Although Fox isn’t saying, the timing of Dobbs’ cancellation Friday appears to be no coincidence: It took place 24 hours after Dobbs

It’s that time of year again, when people actually look forward to watching TV commercials. Millions of viewers will tune in to Super Bowl LV, which airs Sunday evening on CBS. Despite notable brands opting out of airing commercials during the game this year, the sports spectacle will see several newcomers looking to introduce themselves

Sunday is an unofficial holiday in the US as the NFL kicks off the Super Bowl, and “Saturday Night Live” had plenty to say about it. The NBC variety show opened up Saturday’s episode mocking the CBS Super Bowl pre-game show with Kenan Thompson playing CBS Sports anchor, James Brown. “Hello! Welcome to the Super

A new children’s book called “Doctor Li and The Crown-Wearing Virus” is the origin story of Doctor Li Wenliang, who first raised the alarm that a novel coronavirus was spreading in Wuhan, China. The police tried to silence Li, but he continued to speak out. In the book, a 7-year-old, May, learns about Doctor Li’s

Lou Dobbs, the longtime host of the signature right-wing talk show on the Fox Business Network, was canned by the network on Friday night. “Lou Dobbs Tonight” is off the air, effective immediately, a Fox spokesperson confirmed. An interim show will take Dobbs’ place at 5 and 7 p.m. Eastern starting Monday. It was a

Two prominent staffers of The New York Times who’d been the focus of high-profile recent controversies for the paper — audio producer Andy Mills and science and health reporter Donald McNeil, Jr. — are leaving the paper. Mills’ departure follows the paper’s correction of the “Caliphate” podcast — an award-winning podcast he helped produced —

The first jobs report of the Joe Biden presidency was less than OK — but Wall Street cheered anyway. Stocks rose Friday, extending all-time highs for the S&P 500 and Nasdaq. The Dow gained more than 90 points, or 0.3% on Friday, while the S&P added 0.4% and the Nasdaq rose 0.6%. The government said

Luckin Coffee, once hailed as China’s homegrown rival to Starbucks, has filed for bankruptcy in the United States less than a year after the company admitted that millions of dollars in sales had been fabricated. In a statement Friday explaining its Chapter 15 filing, Luckin said the move will help it financially restructure itself and

Enjoying more free time while working from home? Maybe not. New research conducted during the pandemic shows that home-working employees in the United Kingdom, Austria, Canada and the United States are putting in more hours than before. Home working has led to a 2.5-hour increase in the average working day in those countries, said NordVPN

Reddit favorite GameStop isn’t looking so hot this week and some of the stock’s biggest backers are freaking out. After selling off sharply all week, the stock fell another 42% Thursday. “Stop f—ing selling GME,” is the title of a thread on the WallStreetBets forum, home of the Reddit army that boosted the gaming retailer’s