Category: #BusinessNews
ISPs claim broadband prices aren’t too high—Biden admin isn’t buying it
Enlarge (credit: Getty Images | Guirong Hao) Biden administration officials are not convinced by the broadband industry’s claims that Internet prices aren’t too high, according…
Fisker and Foxconn sign deal to build electric vehicles
Electric car startup Fisker signed an agreement with Foxconn, the Taiwanese company that assembles iPhones, to co-develop and manufacture a new electric vehicle. Production on…
Target Stops Selling Pokémon Cards, Citing Violent Nerds
Angelina Pilarinos/Shutterstock After a month of chaos, Target is pulling a dangerous product and potential liability from its shelves—Pokémon cards. Customers can rest easy knowing…
Moderna is Americans’ third-favorite company this year
Data: Harris Poll; Chart: Danielle Alberti/Axios America’s affections have shifted away from the companies that helped us manage pandemic life and toward the vaccine manufacturers…
Elon Musk suspends Tesla purchases with bitcoin
Consumers can no longer buy Tesla vehicles with bitcoin, CEO Elon Musk announced on Twitter Wednesday. What he’s saying: Musk cited the environmental concerns associated…
J&J vaccine supply has run out; Emergent says it’s working on improvements
Enlarge / The Emergent BioSolutions plant, a manufacturing partner for Johnson & Johnson’s COVID-19 vaccine, in Baltimore, Maryland, on April 9, 2021. (credit: Getty |…
UPS drivers strike in Maine over long hours, extra days during pandemic
United Parcel Service (UPS) drivers began picketing at a distribution hub in Maine this week in an effort to bring attention to the extended hours…
China increases foreign influence efforts on U.S. by 500%
New foreign-agent filings are finally detailing a massive Beijing propaganda operation that’s fueled a sixfold increase in disclosed Chinese foreign influence efforts in the United…
SpaceX will launch a Dogecoin-funded Moon satellite
SpaceX has agreed to launch a Moon satellite funded entirely by Dogecoin in early 2022. Source: https://www.engadget.com/spacex-dogecoin-moon-satellite-mission-200850331.html Proactive Computing found this story and shared it…
Jobs surprise triggers battle over federal aid
The steady jobs recovery from Covid-19 slowed dramatically in April, stunning Wall Street analysts and raising questions about the strength of the pandemic comeback and…
U.S. economy added 266,000 jobs in April, far below estimates
The unemployment rate rose to 6.1 percent, from 6 percent. Source: https://www.nbcnews.com/business/economy/u-s-economy-added-just-266-000-jobs-last-month-n1266498 Droolin’ Dog sniffed out this story and shared it with you. The Article…
Johns Hopkins increasing minimum wage to $15
Johns Hopkins University on Thursday announced plans to increase the minimum wage at the school and health system to $15 an hour.The boost, according to…
Not Everyone Is Getting Great Service With Starlink
New Starlink data out today shows where in the U.S. Elon Musk’s ambitious satellite internet service is exceeding expectations—and where it’s falling short. Read more……
Half of Americans say their taxes are too high, but call them ‘fair’: poll
Half of Americans said that their taxes are too high even though a majority also describe them as fair, according to a new Gallup poll…
Why waiving vaccine patents won’t quickly fix the world’s shortage
It will take more than waiving patent protections for coronavirus vaccines — which the Biden administration now says it supports — to fix the gaping global…
Chip shortage continues, US asks Taiwan to prioritize automakers
Enlarge (credit: Aurich Lawson | Getty Images) The worldwide semiconductor shortage continues to affect the automotive industry. One by one, automakers have warned that the…
New Bill Would Ban Bitcoin Mining Across New York State for Three Years
A new bill that hit the New York state senate on Monday is aiming to put a multi-year pause on crypto mining operations across the…
New Spectre attack once again sends Intel and AMD scrambling for a fix
Enlarge (credit: Intel) Since 2018, an almost endless series of attacks broadly known as Spectre has kept Intel and AMD scrambling to develop defenses to…
Frontier exits bankruptcy, claims it will double fiber-to-the-home footprint
Enlarge (credit: Getty Images | Rafe Swan) Frontier Communications emerged from Chapter 11 bankruptcy on Friday, saying that it plans to double its fiber-to-the-premises footprint…
Carbon offsets used by major airlines based on flawed system, warn experts
Guardian investigation finds carbon credits generated by forest protection schemes are based on flawed system What is carbon offsetting and how does it work? The…
Yellen taps top Fed aide to serve as acting bank cop
Treasury Secretary Janet Yellen has tapped Federal Reserve official Michael Hsu to serve temporarily as one of the nation’s top bank cops, according to two…
Colorado Sun partnership buys 24 local papers
The Colorado Sun has bought 24 local newspapers in Colorado with the help of The National Trust for Local News, in a deal meant to…
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