Ride-share companies Lyft and Uber announced they will add a temporary surcharge on their rides to help their drivers deal with the rise in gas prices. Robyn Beck/AFP via Getty Images hide caption toggle caption Robyn Beck/AFP via Getty Images Ride-share companies Lyft and Uber announced they will add a temporary surcharge on their rides […]
Citizens buy food at a street stall in Chengdu, Sichuan province, China, on June 22, 2021. Future Publishing | Future Publishing | Getty Images BEIJING — China reported Tuesday better-than-expected growth in retail sales, fixed asset investment and industrial production to start the year. The data releases combine the two months of January and February […]
Panic selling hit Chinese stocks Monday, including internet giants such as Ali Baba (BABA), JD.com (JD) and Baidu (BIDU), due to the triple whammy of regulation fears, a Covid resurgence and concerns over Beijing’s close relationship with Russia. X Hong Kong’s Hang Seng closed down 5% Monday to its lowest level since August 2007. The […]
The Biden administration has made no secret of their disdain for traditional energy sources that derive from petroleum sources, favoring instead, so-called “green energy” alternatives. In fact on the campaign trail, Candidate Biden was explicit in his desire to end the oil industry in America as it presently exists- “Number one, no more subsidies for […]
MAX has been grounded in China for three years Return had been expected early this year China historically accounted for 17% of deliveries – Jefferies BEIJING/SYDNEY, March 15 (Reuters) – A Boeing (BA.N) 737 MAX jet that took off from Seattle on Monday is en route to the manufacturer’s completion plant in China, an industry […]
Stocks and oil prices tumbled Monday as investors assessed the impact of new Covid-19 outbreaks in China and awaited a likely interest-rate increase by the Federal Reserve later this week. The technology-focused Nasdaq Composite dropped 262.59 points, or 2%, to 12581.22, its lowest level since December 2020, as China locked down the key manufacturing regions […]
NEW YORK, March 14 (Reuters) – Global investors are scooping up stakes in cryptocurrency funds and companies, as they seek exposure to a sector many believe could withstand the fallout from the Russia-Ukraine conflict. Research firm Fundstrat, in its latest note to clients, said venture capital (VC) buyers invested around $4 billion in the crypto […]
Vail Mountain employees at the base of Gondola One on March 7, 2022. Vail Resorts on Monday announced that next season employees will receive a minimum wage of $20 per hour.John LaConte/Vail Daily Vail Resorts on Monday announced the company will be increasing its minimum wage to $20 per hour for the 2022/2023 North American […]
AP — Two months after the Berlin Wall fell, another powerful symbol opened its doors in the middle of Moscow: a gleaming new McDonald’s. It was the first American fast food restaurant to enter the Soviet Union, reflecting the new political openness of the era. For Vlad Vexler, who as a 9-year-old waited in a […]
Text size Russia continues to attack Ukraine. Above, a resident carries belongings out of a heavily damaged apartment building in Kharkiv on Sunday. AFP via Getty Images Stocks gave up earlier gains Monday, as investors monitored continued talks between Russia and Ukraine ahead of Wednesday’s decision from the Federal Reserve. Technology stocks were hit hard. […]
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