business news
How Hong Kong went from ‘zero-Covid’ to the world’s highest death rate
Healthcare workers wearing personal protective equipment transfer a patient from an ambulance to the emergency department as the body of a deceased patient arrives at an adjacent mortuary at the Queen Elizabeth Hospital in Hong Kong, China, on Tuesday, March 8, 2022. Lam Yik | Bloomberg | Getty Images Hong Kong’s worst outbreak of the pandemic didn’t […]
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Biden signs government funding bill that includes $13.6 billion in Ukraine aid
U.S. President Joe Biden, center, signs H.R. 2471, the “Consolidated Appropriations Act, 2022,” in the Indian Treaty Room of the White House in Washington, D.C., on Tuesday, March 15, 2022. Samuel Corum | Bloomberg | Getty Images President Joe Biden on Tuesday signed a $1.5 trillion bill that funds federal operations through September and sends […]
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Here’s everything the Federal Reserve is expected to do at its meeting this week
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a House Financial Services Committee hearing in Washington, D.C., U.S., on Wednesday, March 2, 2022. Stefani Reynolds | AFP | Getty Images The Federal Reserve this week faces the monumental challenge of starting to undo its massive economic help at a time when conditions are […]
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Dow jumps nearly 600 points, S&P 500 snaps 3-day losing streak as tech stocks bounce, oil prices slide
The S&P 500 rose on Tuesday for its first gain in four days, as oil prices continued to drop further below $100 and a reading of wholesale inflation came in lighter than expected. The gains came as traders continued to eye the latest with ceasefire negotiations in Ukraine and China Covid lockdowns that could wreak […]
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A guide to what Russia and Ukraine want from talks — and where the red lines are
A fireman embraces a woman outside a damaged apartment building in Kyiv on March 15, 2022, after strikes on residential areas killed at least two people, Ukraine emergency services said as Russian troops intensified their attacks on the Ukrainian capital. Aris Messinis | AFP | Getty Images As Russian forces pummel towns, villages and cities […]
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DoorDash offers gas rewards program for drivers, says customers won’t bear the costs
A DoorDash Inc. delivery person arranges an order in the back of a vehicle outside of a DoorDash Kitchens location in Redwood City, California, U.S., on Friday, Nov. 29, 2019. David Paul Morris | Bloomberg | Getty Images Food delivery company DoorDash is taking steps to try and help drivers offset rising gas prices, though […]
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Pfizer to seek authorization for 2nd Covid booster for people 65 and older
A medical staff prepares a booster dose of Pfizer’s coronavirus disease (COVID-19) vaccine are seen at a vaccination centre in Brussels, Belgium, January 5, 2022. Yves Herman | Reuters Pfizer and BioNTech are expected to seek U.S. authorization this week for a second Covid-19 vaccine booster for people 65 and older, according to a person […]
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Get ready for higher fares: Airlines bet surge in travel demand will help offset fuel costs
American Airlines planes at LaGuardia Airport Leslie Josephs | CNBC Travel demand has bounced back faster than expected this year, major airlines said Tuesday, a welcome trend for an industry battered by Covid and a sign that carriers expect to pass along higher fuel prices and other costs on to customers. U.S. jet fuel prices […]
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Amazon just introduced a bizarre metaverse-like game to train people how to use AWS
Amazon on Tuesday launched “AWS Cloud Quest,” an online role-playing game that aims to help people build cloud computing skills. Amazon Amazon on Tuesday launched an online role-playing game designed to make it easier for people to pick up cloud-computing skills. The game, AWS Cloud Quest: Cloud Practitioner, has users create their own avatar who […]
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U.S. lobbyists connect Ukraine officials with powerful allies to help in war against Russia
Firefighters extinguish fire at a damaged residential building that was hit by a Russian attack in Kyiv, Ukraine on March 15, 2022. Emin Sansar | Anadolu Agency | Getty Images Lobbyists are working to connect Ukrainian officials with powerful allies in the U.S., including mayors, governors and representatives of at least one firearm’s dealer in […]
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