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BUSINESS


1 hour ago

WHO chief to be confirmed for 2nd term after no opposition

World Health Organization director-general Tedros Adhanom Ghebreyesus is expected to be confirmed by the U.N. health agency’s member countries for a second five-year term.

2 hours ago

Davos climate focus: Can 'going green' mean oil and gas?

Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar.

3 hours ago

Davos updates | Speakers tout EU response to war refugees

Speakers on a migration panel at the World Economic Forum gathering say the European Union’s response to the arrival of millions of Ukrainian refugees was a stellar example of solidarity.

3 hours ago

Stock market slump unsettling Americans eying retirement

Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working.

5 hours ago

Global shares trade lower as inflation worries cloud outlook

Global shares are trading lower as worries over inflation temper optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports.

6 hours ago

Live updates | EU: Russians have future in their hands

European Commission President Ursula von der Leyen says Russia can be reintegrated into the orbit of European nations if it finds its way back to “democracy, the rule of law, the respect for the international rules-based order.”.

6 hours ago

China's bet on homegrown mRNA vaccines holds back nation

China is trying to navigate its biggest coronavirus outbreak without a tool it could have adopted many months ago, the kind of vaccines that have proven to offer the best protection against the worst outcomes from COVID-19.

6 hours ago

Airbnb ends rentals in China to focus on outbound tourists

Airbnb Inc. says it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad.

7 hours ago

200 bodies found in Mariupol as war rages in Ukraine's east

Ukrainian authorities say that workers digging through rubble found 200 bodies in Mariupol.

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10 hours ago

California parents could soon sue for social media addiction

California could soon hold social media companies responsible for harming children who have become addicted to their products.

12 hours ago

Stellantis making Indiana announcement; may be battery plant

Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company’s second North American electric vehicle battery factory.

12 hours ago

Global Citizen NOW summit seeks solutions for global issues

The statistics discussed at the inaugural Global Citizen NOW conference were bleak.

13 hours ago

Facebook, Instagram to reveal more on how ads target users

Meta, the parent company of Facebook and Instagram, said it will start publicly providing more details about how advertisers target people with political ads.

13 hours ago

Amazon to sublease warehouses as online shopping slows

Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed.

14 hours ago

DC sues Zuckerberg over Cambridge Analytica privacy breach

The District of Columbia has sued Meta chief Mark Zuckerberg.

16 hours ago

Boards for Meta, Twitter face backlash from NY pension fund

A major New York pension fund that has invested in both Facebook’s corporate parent and Twitter believes it’s time to shake up the companies’ boards of directors because of their inability to keep violent content off their influential social media services.

16 hours ago

European Central Bank chief signals possible July rate hike

The president of the European Central Bank has given the clearest sign yet that policymakers will aim to raise interest rates as soon as July to ease surging inflation.

16 hours ago

Video game workers create first union at big U.S. game maker

Video game workers at a division of game publisher Activision Blizzard have voted to unionize, creating the first labor union at a large U.S. video game company.

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16 hours ago

Californians could see mandatory water cuts amid drought

California Gov. Gavin Newsom says he may impose mandatory water restrictions if people don't start using less as a drought drags on.

17 hours ago

Appeals court: Florida law on social media unconstitutional

A Florida law intended to punish social media platforms like Facebook and Twitter for allegedly discriminating against conservative thought is an unconstitutional violation of the First Amendment.

18 hours ago

Contractor quitting puts Shell in spotlight over climate

A longtime contractor for Shell has accusing the oil and gas company of “double talk” by saying it wants to cut greenhouse gas emissions while working on tapping new sources of fossil fuel.

18 hours ago

Lone survivor of 2009 plane crash testifies in Paris court

The lone survivor of a 2009 plane crash in the Indian Ocean took the stand Monday in a Paris courtroom.

20 hours ago

For Americans, 2021 delivered healthiest finances in 8 years

Americans’ financial health reached its highest level in nearly a decade last year, the Federal Reserve said Monday, spurred by a strong job market and government support payments.

21 hours ago

World Food Program chief presses billionaires 'to step up'

The head of the U.N.’s World Food Program is telling billionaires it’s “time to step up” as the global threat of food insecurity rises because of Russia’s war in Ukraine.

22 hours ago

Starbucks leaving Russian market, shutting 130 stores

Starbucks is pulling out of the Russian market.

22 hours ago

'Never have I been so ashamed': Russian envoy criticizes war

A veteran Russian diplomat to the U.N. Office at Geneva says he handed in his resignation before sending out a scathing letter to foreign colleagues inveighing against the “aggressive war unleashed” by President Vladimir Putin in Ukraine.

22 hours ago

Police seek public's help in search for NYC subway shooter

Mayor Eric Adams says investigators of a fatal shooting on a New York subway train have few leads.

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1 day ago

Live updates | Zelenskyy: Attack on Desna leaves 87 dead

Ukrainian President Volodymyr Zelenskyy says last week’s attack on the town of Desna resulted in 87 deaths.

1 day ago

EU to keep budget rules looser for longer amid war fallout

The European Union is extending looser limits on spending by member countries for an extra year in a bid to counter the economic fallout from Russia’s war in Ukraine.

1 day ago

UK's Boris Johnson awaits judgment of 'partygate' report

British Prime Minister Boris Johnson has been shadowed by career-threatening scandal for months — but so far has escaped unscathed.

1 day ago

Pfizer says 3 COVID shots protect children under 5

Pfizer says three small doses of its COVID-19 vaccine protect kids under 5.

1 day ago

Spanish govt chides ex-king for failure to explain conduct

A senior Spanish government official has rebuked Spain’s former king, saying Juan Carlos I should have used his first trip home from exile to clear the air over investigations into his financial affairs.

1 day ago

US, others say APEC walkout aimed at Russia over invasion

The United States and four other nations emphasized their support for host nation Thailand after they walked out of an Asia-Pacific Economic Cooperation group meeting in Bangkok.

1 day ago

Zelenskyy urges 'maximum' sanctions on Russia in Davos talk

Ukrainian President Volodymyr Zelenskyy is calling for “maximum” sanctions against Russia during a virtual speech at the World Economic Forum gathering in Davos, Switzerland.

1 day ago

Davos updates | Urgent need in Afghanistan is saving economy

Two high-level speakers at the World Economic Forum gathering say Afghanistan’s most urgent need is saving its economy from complete collapse.

1 day ago

Asian shares mostly lower as inflation worries cloud outlook

Asian shares are mostly lower as worries over inflation temper optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports.

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1 day ago

After 3 months of war, life in Russia has profoundly changed

When Vladimir Putin announced Russia's invasion of Ukraine, the war seemed far away from Russian territory.

1 day ago

Russian ties shred German ex-leader Schroeder's standing

Gerhard Schroeder left the German chancellery after a narrow election defeat in 2005 with an ambitious overhaul of the country’s welfare state beginning to kick in and every chance of a future as a respected elder statesman.

1 day ago

Russian sentenced to life in Ukraine's 1st war crimes trial

A Russian soldier who pleaded guilty to killing a Ukrainian civilian was sentenced to life in prison.

1 day ago

Beijing extends work-from-home order as COVID-19 cases rise

Beijing has extended orders for workers and students to stay home and ordered additional mass testing as cases of COVID-19 again rise in the city.

1 day ago

Asian shares mixed after Wall St barely misses bear market

Shares are mixed in Asia in cautious trading after Wall Street rumbled to the edge of a bear market on Friday.

1 day ago

Albanese sworn in as PM in Australia ahead of Tokyo summit

Australia’s new prime minister was sworn into office before flying to Tokyo for a summit with President Joe Biden.

1 day ago

Biden launches Indo-Pacific trade deal, warns over inflation

President Joe Biden has launched a new trade deal with 12 Indo-Pacific nations aimed at strengthening their economies as he warns Americans worried about high inflation that it is “going to be a haul” before they feel relief.

1 day ago

‘Doctor Strange' remains atop box office as 'Top Gun' looms

Doctor Strange and his multiverse got to linger a little longer atop the weekend box office while Tom Cruise waits in the wings.

1 day ago

Average US gasoline price jumps 33 cents to $4.71 per gallon

The average U.S. price of regular-grade gasoline spiked 33 cents over the past two weeks to $4.71 per gallon.

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1 day ago

Priceless seeds, sprouts key to US West's post-fire future

The mission was to rescue tens of thousands of invaluable tree sprouts from a research center in New Mexico and to keep safe a vital bank of millions of pine, spruce and other conifer seeds that will be used to restore fire-ravaged landscapes across the West.

1 day ago

78,000 pounds of infant formula arrives in US

A military plane carrying enough specialty infant formula for more than half a million baby bottles arrived Sunday in Indianapolis.

1 day ago

Climate to conflict, Davos' post-COVID return has full plate

The much-ballyhooed World Economic Forum in the Swiss Alpine town of Davos gets underway this week after a two-year hiatus due to the COVID-19 pandemic.

1 day ago

Consumers defy inflation to support economy. For how long?

With prices across the economy soaring at their fastest pace in decades, you might think Americans would tap the brakes on spending.

1 day ago

EXPLAINER: What are the key climate themes at Davos?

Climate change will be one focus of the World Economic Forum's first in-person gathering of business and government leaders in two years.

Morrisons rescues McColl's taking on all 16,000 staff

The supermarket chain has beaten a rival offer from EG Group which is owned by billionaire Issa brothers.

bbc.co.uk

24th Cheescakerie closing Ypsilanti location

YPSILANTI, MI -- 24th Cheesecakerie is closing in Ypsilanti. The business announced on Facebook on that it is closing its location at 14 N. Washington St. in the coming days. Owner Sean Brezell said the store’s final day would be Saturday, May 7.

mlive.com

Zara threatens legal action over Darlington boutique brand

The high street fashion giant claims Darlington-based House of Zana is "conceptually identical".

bbc.co.uk

John Lewis restores bonus as department store sales surge

The retailer is bringing back staff rewards after being forced to scrap them last year amid losses.

bbc.co.uk
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Police arrest suspect in Grandville armed robbery

KENT COUNTY, MI – Police arrested a man suspected of robbing a Grandville business at gunpoint. The robbery happened around 8:45 p.m. Sunday, March 6, in the 3100 block of 28th Street SW. Witnesses reported that a man armed with a gun stole cash from the business.

mlive.com

What the IRS backlog means for you

The pandemic has caused a massive backlog at the IRS. The Post's Michelle Singletary explains how your taxes might be impacted this year.

washingtonpost.com

A bill in the Arizona House would punish banks that refuse business from gun firms

Bankers are resisting the bill, calling it government overreach and saying lawmakers are creating a problem with a non-issue in Arizona.

npr.org

Indian tea start-ups search for an exotic edge

Indian tea start-ups are rediscovering indigenous ingredients for teas and infusions to stay ahead.

bbc.co.uk

Behind on your taxes? Here’s how to catch up

The Post’s personal finance columnist Michelle Singletary explains what to do if you haven’t filed your taxes consistently.

washingtonpost.com

Taxes on PayPal, Venmo and Zelle payments: What you need to know

Using Venmo, PayPal and Cash App to accept payments for your small business? Here’s what the new tax law says.

washingtonpost.com

Nottinghamshire grandfather bags £2,700 win from 3p bet

Janus Wagonback - known as George - successfully predicted 10 draws to get the big win.

bbc.co.uk

What's one thing young professionals can do to save for their future?

Personal finance columnist Michelle Singletary explains why saving for retirement is the best way to invest in your future.

washingtonpost.com

Covid: 'Plan B was a catastrophe for our coffee shop'

End of work-from-home guidance a boost for hospitality, while nightclubs welcome scrapping of covid passes.

bbc.co.uk
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Here’s who had the most liquor sales in Michigan’s 83 counties

The business with the most liquor sales in your Michigan county probably isn’t the big boozy bar downtown or that local liquor store that seems to have every variety of spirit. It’s probably a chain grocery store.

mlive.com

Panini: The sticker firm celebrating 60 years

How the football sticker maker survived a thieving tycoon and competition from Lycra-clad wrestlers.

bbc.co.uk

Where BlackRock Sees Value in India’s Biggest IPO

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

washingtonpost.com

Where BlackRock Sees Value in India’s Biggest IPO

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

washingtonpost.com

New axe throwing business coming to Burton

BURTON, MI — A new business that will feature axe throwing is planning to open in Genesee County before the end of the year. Spymaker Axe Throwing, an axe throwing venue, that will feature axe throwing for various group sizes and leagues has plans to open in December. “We are going to open Flint’s first axe throwing venue,” Shane Moore told MLive-The Flint Journal, adding half of the building will feature axe throwing while the other half will have six escape rooms. Prices for axe throwing are not finalized, but the cost is planned to be $20 per person. When asked what inspired the Moore’s to delve into the business of axe throwing, Shane Moore acknowledged his wife’s intelligence and the interest to want to bring fun the area.

mlive.com

Labour: Has Sir Keir Starmer stood by his pledges?

As Sir Keir prepares for his first in-person conference as leader, we look at the promises he has made.

bbc.co.uk

Pimlico Plumbers sold to US firm Neighborly

The deal will see founder Charlie Mullins offload his 90% stake in the group.

bbc.co.uk

Learn from international business leaders at Washtenaw Community College seminars

ANN ARBOR, MI - Business owners seeking advice can learn from industry experts from near and far at upcoming Washtenaw Economic Club meetings organized by Washtenaw Community College. This week’s club meeting features David Barfield, a global staffing executive for the British-based Impellam Group. The event is free for Washtenaw Economic Club members and $25 for non-members. For more information on the Washtenaw Economic Club, click here. Read more from The Ann Arbor News:Fall semester at Washtenaw Community College features new programs, mask mandateWashtenaw Community College receives $1.4 million grant to expand support for associate degree programsWashtenaw Community College secures $60k grant to provide laptops, digital literacy to local youth

mlive.com

How Jana Partners could shake up telecom provider Vonage in a bid to boost value

Activist investor Jana Partners could look for different routes to improve Vonage’s value.

cnbc.com
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First UK LGBT business champion appointed

Iain Anderson says he will work to "build a bridge" between the government and LGBT community.

bbc.co.uk

Ask Amy: Cowboy needs to wrangle human predators

His wife’s children and grandchildren don’t follow the rules of the ranch.

washingtonpost.com

East Chicago woman indicted for wire fraud in COVID aid scheme, feds say

The two counts against Natasha Weeks, 29, were filed Aug. 18 and unsealed Monday in the U.S. District Court in Hammond, according to filings.

chicagotribune.com

Miss Manners: In a traffic dispute, shaking one’s head isn’t minding one’s own business

Pedestrian didn’t intend to interject, but “advice” was almost involuntary.

washingtonpost.com

Ask Amy: Post-divorce disclosure brings about dilemma

Ex-husband reveals that he had a son with another woman. Should reader tell her sons?

washingtonpost.com

The Amazon sellers who sold up and became millionaires

Small e-commerce entrepreneurs have thrived in lockdown - now big money wants to buy them out.

bbc.co.uk

Lady Gaga had a 'psychotic break' after sexual assault left her pregnant

The star says she had a "psychotic break" after being attacked by a male record producer.

bbc.co.uk

Meijer announced as naming rights partner by sports commission for Rockford baseball/softball complex

ROCKFORD, MI — The West Michigan Sports Commission announced Meijer as the naming rights partner for its Rockford baseball and softball complex at a Tuesday, May 4 ribbon-cutting ceremony. The newly-named Meijer Sports Complex marks the start of a 10-year partnership between the two organizations. The complex also houses the Nate Hurwitz Miracle League Field -- a customized field set to accommodate young athletes in wheelchairs, walkers or other similar devices. The complex’s Miracle League field is one of nine in the state. West Michigan Miracle League President Tony Comden spoke alongside his son, who plays in the Miracle League as a cancer survivor.

mlive.com

Illinois faces major challenges amid COVID fallout as Speaker Madigan struggles to hold on to power

Since no official business can be conducted by the House until a speaker is elected, a lengthy balloting process could ensue while pressing matters such as the state budget and pandemic recovery are held in abeyance. Madigan, some Democrats contend privately, is counting at the very least on attrition to eventually return him as speaker as issues mount.

chicagotribune.com

Chicago alderman who got contributions from pet store owner flips on anti-puppy mill law

“I don’t want to see anyone go out of business,” he said. “That was never the intent. But I would rather see them go out of business than see them sell dogs unethically and defraud the public.”

chicagotribune.com

Lobbying in Q1 topped a record $938 million, but lobbyists say their profession is misunderstood

In the first quarter of 2020, the total amount spent on lobbying, about $938 million, reached the highest on record, according to the Center for Responsive Politics. The health sector, which spent $168 million on lobbying efforts, received $150 billion in coronavirus relief aid, according to Advisory Board. The airline industry, which spent $29 million on lobbying, received $32 billion in relief aid, according to the Peter G. Peterson Foundation, and agribusiness, which spent $38 million, received $19 billion in aid, CRP said. The lobbying industry is arguably the U.S. government's oldest profession and is protected by the First Amendment. The misconception about lobbyists is that "we walk around with bags of money and say, 'Vote our way' or 'Oppose this.'

cnbc.com

The flourishing business of building family trees

Genealogy is the second most-popular hobby for Americans, and a multi-billion dollar business. Tracy Smith takes a look at how digging up one's family roots is being made relatively easy with online resources like the website ancestry.com.

cbsnews.com

Business or government: Who do you trust more?

In 21 of 28 countries, business is trusted more than government. CBS News' Lulu Chiang spoke with a CEO to learn more.

cbsnews.com

Business with Iran poised to rev up

CBS News Business analyst Jill Schlesinger discusses the risks and rewards of U.S. companies doing business with Iran.

cbsnews.com

A business in Chico, California receives $43,000 tip

A business in Chico, California receives $43,000 tip A small business noticed a $43,000 tip while checking receipts. The tip does not appear to be given intentionally, however it did go through.

cbsnews.com

Sheriff on Dorner manhunt: "We know it's a dangerous business"

Sheriff on Dorner manhunt: "We know it's a dangerous business" San Bernardino County Sheriff John McMahon describes the chaos during the manhunt for cop killer and former LAPD officer Christopher Dorner in February 2013 and concurs with many law enforcement officers' statements in the Dorner report that it was a miracle no one else got hurt.

cbsnews.com

Vermont Country Store: The business of selling nostalgia

Vermont Country Store: The business of selling nostalgia For three generations the Vermont Country Store has sold hard-to-find, old-fashioned products. CBS News' Lee Woodruff sat down with the store's co-owner Eliot Orton to discuss the mega-million dollar business.

cbsnews.com
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