business news
MacKenzie Scott donates $3.8 billion to 465 organizations
Mackenzie Scott Kevork Djansezian | Getty Images Billionaire philanthropist MacKenzie Scott announced Wednesday that she has given away more than $3.8 billion to 465 organizations. Scott, the ex-wife of Amazon CEO Jeff Bezos, wrote in a Medium post that she made the donations over the last nine months. The list of recipients includes a range […]
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Wall Street bonuses climb to record $257,500 per worker last year, New York’s fiscal chief says
People walk along Wall Street in the financial district of Manhattan on September 29, 2021 in New York City. Spencer Platt | Getty Images The average bonus paid to securities industry employees in New York climbed 20% to a record $257,500 for last year, according to state comptroller Thomas DiNapoli. The projection, released Wednesday in […]
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Black box found from Boeing passenger jet that crashed in China, state media says
Paramilitary police officers conduct a search at the site of a China Eastern Airlines plane crash in March 2022 in Tengxian county, Wuzhou city, in China’s southern Guangxi region. AFP | Getty Images BEIJING — One of the two black boxes containing data from Monday’s China Eastern Airlines plane crash has been found, Chinese state […]
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Alaska Airlines is trying to ease staffing shortage by offering flight attendants double pay to pick up shifts
A Boeing 737-990operated by Alaska Airlines takes off from JFK Airport on August 24, 2019 in the Queens borough of New York City. Bruce Bennett | Getty Images Alaska Airlines is offering flight attendants double pay to pick up extra trips this spring in hopes of avoiding staffing shortfalls ahead of an even bigger jump […]
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Zelenskyy says 100,000 people trapped in Mariupol; German leader says Putin destroying Russia’s future
Ukraine’s Zelenskyy urges Japan lawmakers to impose further sanctions on Russia Members of Japan’s lower house of parliament applaud as Ukrainian President Volodymyr Zelensky appears on screen via video link at the House of Representatives office building in Tokyo on March 23, 2022. Behrouz Mehri | Afp | Getty Images Ukraine’s President Volodymyr Zelenskyy has […]
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UK announces urgent fuel tax cut to fight cost of living crisis
Chancellor of the Exchequer Rishi Sunak leaves 11 Downing Street to announce the Treasury’s one-year spending review in the House of Commons in London, England, on November 25, 2020. David Cliff/NurPhoto via Getty Images LONDON — U.K. Finance Minister Rishi Sunak on Wednesday announced an immediate cut to fuel taxes in a bid to mitigate […]
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5 things to know before the stock market opens Wednesday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures drop, a day after Wall Street had resumed its upswing Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, March 21, 2022. Brendan McDermid | Reuters 2. Moderna […]
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Apple buys UK fintech start-up Credit Kudos
Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has acquired British fintech start-up Credit Kudos, a person familiar with the matter told CNBC, confirming an earlier […]
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Moderna Covid vaccine for kids under 6 years old was up to 44% effective against omicron infection
With her husband Stephen by her side Erin Shih hugs her children Avery 6, and Aidan, 11, after they got their second Moderna COVID-19 vaccines at Kaiser Permanente Los Angeles Medical Center on Friday, June 25, 2021. Sarah Reingewirtz | MediaNews Group | Getty Images Moderna’s two-dose Covid vaccine was about 44% effective at preventing […]
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Watch live: Biden Supreme Court pick Ketanji Brown Jackson begins final day of questions in Senate confirmation hearings
[The stream is slated to start at 9 a.m. ET. Please refresh the page if you do not see a player above at that time.] Supreme Court nominee Ketanji Brown Jackson is set to answer senators’ final round of questions during the third day of her confirmation hearings. Jackson, President Joe Biden’s nominee, if confirmed […]
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