Yellen makes a case for bold stimulus spending on Capitol Hill
Janet Yellen, President-elect Joe Biden’s pick for Treasury secretary, struck a bipartisan tone at her confirmation hearing Tuesday, urging…
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Google CEO to meet with Black college leaders following racism allegations
Leaders from some of the nation’s top historically Black colleges and universities are meeting virtually with Google CEO Sundar Pichai next…
Continue ReadingJanet Yellen heads to Capitol Hill for her confirmation hearing
Janet Yellen, President-elect Joe Biden’s pick for Treasury secretary and former head of the Federal Reserve, is headed to Capitol Hill Tuesday…
Continue ReadingFor Janet Yellen and the US economy, the stakes have never been higher
Janet Yellen, the former chair of the Federal Reserve and President-elect Joe Biden’s pick to lead the Treasury Department, faces a huge task…
Continue ReadingJanet Yellen is heading to Congress. The stakes have never been higher
Janet Yellen, the former chair of the Federal Reserve and President-elect Joe Biden’s pick to lead the Treasury Department, faces a huge task…
Continue ReadingScottish fishermen say ‘Brexit carnage’ threatens to kill their business
Scottish fishermen parked their trucks near UK Prime Minister Boris Johnson’s office at 10 Downing Street on Monday to protest post-Brexit red…
Continue ReadingAmazon Prime show ‘Tandav’ faces calls for a ban in India
Amazon wants India to play a key role in its ambitions to conquer streaming video. But the company now faces a political backlash over one of its new…
Continue ReadingWall Street has a new top cop. And Elizabeth Warren is a big fan of him
A new sheriff is coming to Wall Street — and, for a change, he’s not a friendly face. In a win for Elizabeth Warren and progressives,…
Continue ReadingYellen to urge lawmakers to ‘act big’ on relief spending
Janet Yellen, President-elect Joe Biden’s nominee for Treasury secretary, is expected to urge lawmakers to “act big” on relief…
Continue ReadingBulletproof vests and gas masks: Journalists prep for Inauguration Day
At the end of December, Los Angeles Times Washington Bureau Chief Kimbriell Kelly was looking at getting Moleskine notebooks as gifts for her staff.…
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Social media fueled the Capitol mob. Now Biden and Congress must crack down
Facebook COO Sheryl Sandberg is rightfully being criticized for claiming that the US Capitol riots were “largely organized” on other…
Continue ReadingStimulus is nice. But here’s what Biden really needs to fix the economy
Joe Biden last week proposed a $1.9 trillion stimulus bill, part of a historically ambitious plan to combat an economic crisis. But many economists…
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Facebook posts promoting violence still circulated even after insurrection
Facebook posts promoting violence during inauguration week have circulated on the platform over the past week despite a crackdown by the social media…
Continue ReadingJoe Biden doesn’t have a magic wand to fix the economy
Joe Biden last week proposed a $1.9 trillion stimulus bill, part of a historically ambitious plan to combat an economic crisis. But many economists…
Continue ReadingFord closes German plant for 1 month as global chip crisis worsens
Ford has ordered a month-long production halt at one of its plants in Germany, the latest sign that a global shortage of computer chips is putting…
Continue ReadingCorporate earnings don’t look great. But the drought may be over soon
It’s report card season for Corporate America. Companies are starting to release their earnings for the fourth quarter of last year, and so far…
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Virgin Orbit launches rocket off a 747 aircraft, puts nine satellites in space
A 70-foot rocket, riding beneath the wing of a retrofitted Boeing 747 aircraft, detached from the plane and fired itself into Earth’s orbit on…
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China’s economy grows 2.3% in 2020 as recovery quickens
China’s economy grew more than expected last year, even as the rest of the world was upended by the coronavirus pandemic. The world’s…
Continue ReadingSamsung heir Jay Y. Lee sentenced to 2 1/2 years in prison for bribery and embezzlement
Samsung vice chairman Lee Jae-yong is going back to prison, casting the future of leadership at the massive tech company in doubt. The Seoul High…
Continue ReadingIt’s 53% alcohol and tastes like fire. Here’s how this liquor brand took over China
When Costco opened its first store in China in 2019, it wasn’t just the hot rotisserie chickens and discounted Birkin bags that lured frenzied…
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