Business News - The Last 24 Hours |

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Skip to main content Business News - The Last 24 Hours A Hong Kong restaurant group is shelling out $650K to let 250 staff fly to see their families
CNN - 12 min 8 sec ago
A Hong Kong restaurant group is offering to fly 250 of its foreign staff home to see their families all over the world -- and they'll pay for their lengthy quarantines upone their return.
RELATED:Reuters - Indonesian courier startup Js New Leaders Shockingly Reject Merkels Request For 2-Week Covid Lockdown - 10 hours 22 min agoThe Independent - Slovakia mulls lockdown amid record surge of infections - 14 hours 20 min ago

Biden administration expected to restart Remain in Mexico policy next week
CNN - 1 hour 47 min ago
The Biden administration is expected to restart the Trump-era "Remain in Mexico" border policy next week, according to a senior administration official.
RELATED:NDTV - "Escape From Real World" For Joe Biden On Thanksgiving Break - 4 hours 56 min agoCNN - Biden says guilty verdicts in murder of Arbery reflect our justice system doing its job - 6 hours 4 min agoAssociated Press - Biden picks women of color to lead White House budget office - Associated Press - 6 hours 45 min agoCNBC - Inflation is not going away any time soon – and Biden will likely have to wait it out like the rest of us - 6 hours 59 min agoReuters - Biden readies leadership for White House budget office -source By Reuters - - 12 hours 4 min agoCOMMENTARY:ZeroHedge - Fake It Till You Make It? Biden Energy Secretary Fumbles Two Simple Questions In One Day - 4 hours 24 min agoThe Independent - Verdicts in Ahmaud Arbery trial show justice system works, says Biden - 5 hours 13 min agoBusinessInsider - Biden says Ahmaud Arbery verdicts reflect our justice system doing its job but that alone is not enough - 5 hours 59 min agoNew York Post - Joe Biden is spending Thanksgiving at private-equity billionaire’s home - 8 hours 48 min agoThe Guardian - China accuses US of ‘mistake’ after Biden invites Taiwan to democracy summit - 20 hours 6 min agoSCMP - Taiwan’s invitation confirmed for democracy summit hosted by Joe Biden - 22 hours 19 min ago

Fact check: Gas prices when Trump left office were much higher than he now claims
CNN - 2 hours 2 min ago
Former President Donald Trump has been attacking President Joe Biden over this year's increase in gas prices -- and greatly exaggerating the size of that increase.
RELATED:CNBC - Trump hotels, other businesses reportedly subpoenaed, but executive Matthew Calamari expected to avoid charges - 5 hours 11 min agoCNN - Trump argues January 6 committee could damage the presidency in quest for his records - 6 hours 53 min agoCOMMENTARY:BusinessInsider - Biden to reinstate Trumps controversial remain in Mexico policy on the border as soon as next week after attempting to end the program - 1 hour 52 min agoGlobe and Mail - Top Trump Organization official not expected to be charged by Manhattan district attorney in fraud case, lawyer says - The Globe and Mail - 3 hours 7 min agoZeroHedge - Five Trump-Russia Collusion Corrections We Need From The Media Now - 3 hours 24 min agoThe Independent - What Donald Trump has said about running in 2024 - 3 hours 25 min agoThe Guardian - Group’s 6 January donation shows Trump’s grip on attorneys general - 19 hours 3 min ago

Russian troop build-up: View from Ukraine front line
BBC - 2 hours 2 min ago
BBC correspondent Abdujalil Abdurasulov visits eastern Ukraine as soldiers contemplate Russia's military presence at the border nearby.
RELATED:CNN - Russias Putin tests experimental intranasal Covid-19 vaccine - 9 hours 3 min agoDeutsche Welle - Russia: Two more Navalny allies go into exile - 10 hours 54 min agoReuters - EXCLUSIVE Britain says Russian attack on Ukraine would be a grave mistake - Reuters - 13 hours 52 min agoCOMMENTARY:ZeroHedge - Putin Says He Feels "Fine" After Taking Dose Of Experimental Russian Nasal Vaccine - 1 hour 4 min agoThe Guardian - Court cases threatening human rights group Memorial start in Russia - 8 hours 21 min agoIndiatimes - Russia likely to launch Sputnik Light vaccine in India by next month: RDIF - 9 hours 4 min agoMoscow Times - Russia to Boost Military in Face of Increased NATO Activity - The Moscow Times - 11 hours 35 min agoWashington Post - Why Russia-Ukraine Tensions Are So Hard to Defuse - 15 hours 49 min agoSCMP - China and Russia move closer to de facto military alliance amid US pressure - 16 hours 3 min ago

Reinfection from Covid-19 is rare, severe disease is even rarer, a study of people in Qatar finds
CNN - 2 hours 50 min ago
When people got reinfected with Covid-19, their odds of ending up in the hospital or dying were 90% lower than an initial Covid-19 infection, according to a new study.
RELATED:Reuters - France to announce COVID-19 booster shots for all adults - media - Reuters - 3 hours 12 min agoNDTV - Lions At Croatia Zoo Catch Covid From Their Keeper - 5 hours 13 min agoCNN - Bayern Munich star Eric Maxim Choupo-Moting tests positive for Covid-19 as club grapples with virus - 7 hours 56 min agoCGTN - 58 Brazilian cities cancel Carnival 2022 over COVID-19 fears - CGTN - 9 hours 56 sec agoDeutsche Welle - Austria: No charges over COVID-19 outbreak at Ischgl ski resort - 10 hours 53 min agoCNBC - Use this 4-step guide for Covid-safe and conflict-free holiday gatherings - 11 hours 50 min agoAssociated Press - Germany faces grim COVID milestone with leadership in flux - Associated Press - 18 hours 11 min agoBloomberg - Nordea Staff in Denmark Urged to Carry Covid Passport at Office - Bloomberg - 19 hours 59 min agoCOMMENTARY:The Straits Times - Jumbo full-year loss widens to $11.8 million amid Covid-19 dine-in curbs - 42 min 24 sec agoZeroHedge - COVID-19 Made Democracies More Authoritarian And Authoritarian Regimes Even Worse - 1 hour 24 min agoSCMP - How a Chinese Covid-19 drug was created in an instant – after years in the making - 3 hours 3 min agoThe Guardian - Italy to tighten Covid rules for unvaccinated with ‘super green pass’ - 7 hours 17 min agoRussia Today - Government orders masks s like to work independently for the retail giant - 12 hours 23 sec agoAllAfrica - Ghana: Visa Says Its Committed to Resolving the Dispute With Amazon - 12 hours 2 min agoZeroHedge - Italy Fines Apple, Amazon $230M Over Secret Deal To Limit Resellers - 16 hours 49 min ago

Crypto Donors Pay $1 Million Fees For Failed Bid For US Constitution Copy
NDTV - 3 hours 50 min ago
The cryptocurrency donors who banded together for a failed try to buy a rare copy of the US Constitution have had insult added to their injury in the form of over $1 million in fees, data showed...
RELATED:CNN - India sows confusion with plan to ban private cryptocurrencies - 15 hours 17 min agoDeutsche Welle - India announces bill to ban private cryptocurrencies - 15 hours 57 min agoCOMMENTARY:BusinessInsider - The crypto trading hamster that outperformed the SEncanto is Disney Animations 60th film, and critics say its among the best
CNBC - 4 hours 16 sec ago
Disney's "Encanto" has been largely praised by critics for its animation style, diversity and "spellbinding" songs.
RELATED:CNBC - Putting Hamilton on Disney+ amplified demand for the Broadway show, Lin-Manuel Miranda says - 4 hours 7 min agoCOMMENTARY:BusinessInsider - Jeremy Renner returns as Marvels Hawkeye in the new Disney Plus exclusive show — you can stream the first 2 episodes now - 11 hours 20 min ago

Foreign Minister To Represent India At SCO Meet On Thursday
NDTV - 6 hours 3 min ago
External Affairs Minister S Jaishankar will represent India at a meeting of the Council of Heads of Government of the Shanghai Cooperation Organisation (SCO) on Thursday.
RELATED:BBC - Kerala adoption row: A mothers search for her missing baby in India - 14 hours 58 min agoReuters - Fall in COVID-19 testing worries Indian authorities - Reuters India - 18 hours 49 min agoCNN - At least 35 dead after heavy rain batters south India - 19 hours 25 min agoBloomberg - Services, trade help power steady economic recovery in India - Economic Times - 21 hours 35 min agoCOMMENTARY:Indiatimes - India, ADB sign USD 300 bn loan to improve access to healthcare in urban areas of 13 states - 11 hours 4 min agoThe Hindu - Government making all efforts to complete Air India disinvestment process by December-end: Rajiv Bansal - 14 hours 59 min ago

U.S. consumer spending surges in October; inflation heats up again - Reuters
Reuters - 6 hours 30 min ago
U.S. consumer spending surges in October; inflation heats up again  Reuters
RELATED:Associated Press - Consumer spending rebounds despite rising October inflation - Associated Press - 9 hours 23 min agoCOMMENTARY:New York Post - Consumer spending surges in October amid rampant inflation - 5 hours 14 min agoSCMP - Huawei, banned from the US, teases consumers with Black Friday 100 per cent discount offer - 14 hours 3 min ago

Fed meeting minutes show members ready to raise interest rates if inflation continues to run high
CNBC - 6 hours 38 min ago
Minutes from the November Fed meeting show members concerned about inflation and willing to raise interest rates should it continue to run hot.
COMMENTARY:Indiatimes - India should continue with an accommodative interest rate stance: ASSOCHAM - 14 hours 4 min agoThe Guardian - New Zealand interest rate hike raises pressure on central banks over inflation - 23 hours 1 min ago

The Federal Reserve is likely to become a tougher talking central bank, could end bond program sooner
CNBC - 6 hours 38 min ago
Expect more tough talk from the Federal Reserve as it may weigh winding down its bond program sooner-than-expected.
RELATED:Reuters - Turkish central bank, banking watchdog, bank managers to meet over economy - source - Reuters - 6 hours 48 min agoCOMMENTARY:Wall Street Journal - Mexican President Nominates Deputy Finance Minister Victoria Rodriguez as Next Central Bank Chief - 10 hours 41 min agoSCMP - Singapore’s central bank to weigh actions after DBS suffers massive glitch - 12 hours 49 min ago

Bayerns Kimmich, Choupo-Moting positive for coronavirus - Associated Press
Associated Press - 7 hours 8 min ago
Bayern's Kimmich, Choupo-Moting positive for coronavirus  Associated Press
RELATED:BBC - Covid-19 in the UK: How many coronavirus cases are there in my area? - 8 hours 49 min agoCNN - 5 things to know for November 24: Charlottesville, Capitol riot, Wisconsin, opioids, coronavirus - 14 hours 37 min agoDeutsche Welle - Europes fight against the coronavirus - 15 hours 40 min agoCOMMENTARY:SCMP - Russia’s Vladimir Putin gets experimental nasal vaccine against coronavirus - 3 hours 44 min agoIndiatimes - Nine more Army officers at IIM course in Indore test positive for coronavirus; tally 11 - 14 hours 4 min agoWashington Post - ‘General Hospital’ actor is latest to say he was fired for refusing to get coronavirus vaccine - 17 hours 32 min ago

How the $1.75 trillion Build Back Better plan could impact Americans taxes
CNBC - 7 hours 14 min ago
From extra taxes on adjusted gross income to higher limits on SALT deductions, here's who would be affected by the proposed tax changes in the BBB plan.
RELATED:CNBC - How a government shutdown would affect your Dec. 15 child tax credit payment - 7 hours 30 min agoCNN - This tax would make wealthy corporations pay their fair share - 7 hours 36 min agoBBC - The universal credit claimants paying top tax rates - 21 hours 33 min agoCOMMENTARY:The Hindu - India, U.S. agree on transitional approach for digital tax on e-commerce supplies - 9 hours 6 min agoBusinessInsider - Bidens monthly child tax credit payments will expire in 3 weeks for 35 million families if Congress doesnt step in - 10 hours 6 min agoIndiatimes - I-T refunds worth Rs 1.23 lakh cr issued to 1.11 cr taxpayers so far in FY22 - 12 hours 4 min agoAllAfrica - Liberia: Tax Exemption Is Cardinal for the Collection of Domestic Revenue, Says Dr. Samora P. Z. Wolokolie - 12 hours 44 min agoSCMP - China’s tech crackdown: live-streaming e-commerce stars get a reality check from the taxman - 14 hours 53 min ago

Elon Musk sold another $1 billion in Tesla shares on Tuesday
CNBC - 7 hours 37 min ago
It marks a total of $9.85 billion in stock offloaded in the past two weeks.
RELATED:Bloomberg - Tesla Batteries Seen Undercutting Australias $5 Billion Project - Bloomberg - 21 hours 58 min agoCNBC - Chinese Tesla rival Xpeng wants to sell half of its cars overseas - 22 hours 24 min agoCOMMENTARY:The Independent - Elon Musk sells another $1bn worth of Tesla shares - 3 hours 34 min agoBusinessInsider - Feuding CEOs aside, JPMorgans analysts are highly bearish on Tesla. They see the stock falling 77% over the next year. - 10 hours 53 min agoNew York Post - Elon Musk sells another $1B in Tesla stock, selling spree now up to $10B - 12 hours 37 sec agoNew York Times - Volkswagen C.E.O. Herbert Diess Sets Sights on Beating Tesla - 16 hours 3 min agoSCMP - Tesla raises the prices of its China-made Model 3 and Model Y electric vehicles, reversing course on two years of discounts amid shortage of automotive chips and parts - 16 hours 34 min ago

Janet Rollé makes history as first Black American Ballet Theatre CEO
CNN - 7 hours 39 min ago
The alum of Beyoncé's media and management company will lead one of the country's most prestigious ballet companies -- a significant move in a historically White-dominated world.
RELATED:Reuters - Orange CEO to hand in resignation after conviction-source - Reuters - 8 hours 8 min agoBloomberg - Orange CEO Convicted Over $453 Million Fraud Linked to Prior Job - Bloomberg - 17 hours 38 min agoCOMMENTARY:ZeroHedge - Ex-Google CEO Eric Schmidt Emerges As White Knight For NYCs Broke Princeton Club - 4 min 20 sec agoGlobe and Mail - Keith Creel named 2021 CEO of the Year by Globe and Mails Report on Business - PRNewswire - 5 hours 9 min agoBusinessInsider - Dogecoin has inflationary dynamics and isnt good for the cryptocurrency market, says Ripple CEO - 5 hours 24 min agoSCMP - JPMorgan CEO Jamie Dimon regrets joke about China’s Communist Party - 8 hours 30 min agoAllAfrica - Kenya: Betty Mwangi Replaces Sam Chappatte as Jumia Kenya CEO - 19 hours 43 min agoThe Straits Times - JPMorgan CEO Jamie Dimon jokes that US bank will outlast Chinas Communist Party - 20 hours 34 min ago

Turkey is going its own way on inflation. The lira is crashing
CNN - 8 hours 17 min ago
Turkey is plunging into a fresh currency crisis as investors dump the lira in response to the extraordinary decision by the country's central bank to slash interest rates in the face of soaring inflation.
COMMENTARY:The Straits Times - Inflation worries dominated Feds last meeting - 3 hours 2 min agoBusinessInsider - US stocks close mixed as investors weigh positive spending and jobless data against inflation concerns - 4 hours 56 min agoThe Guardian - Erdoğan gambles on economy amid protests and rocketing inflation - 8 hours 4 min agoZeroHedge - Feds Favorite Inflation Indicator At 30-Year-High As Savings Rate Plunges To Pre-COVID Levels - 10 hours 55 min ago

WHO says fully vaccinated should wear masks and physically distance as Covid infections surge
CNBC - 8 hours 35 min ago
The WHO's chief said the majority of reported Covid cases worldwide are in Europe, but added that "no country or region is out of the woods" just yet.
RELATED:CNN - WHO urges countries to consider the benefits of vaccinating children against Covid-19, but prioritize sharing shots globally first - 8 hours 35 min agoCNBC - Only 54% of Europe is fully vaccinated, WHO official says - 12 hours 41 min agoBBC - Covid: New Zealand to reopen borders and WHO warns of 700,000 Europe deaths - 18 hours 25 min agoCOMMENTARY:Sydney Morning Herald - Hopes are high for a new global, pandemic treaty: WHO chief - 5 hours 25 min agoRussia Today - WHO warns about unintended effect of vaccines - 9 hours 34 min ago

Tesla bull Cathie Wood says Apple shouldve bought the EV pioneer, but were happy they didnt
CNBC - 8 hours 40 min ago
Ark Invest's Cathie Wood told CNBC on Wednesday that Apple could have owned the driverless vehicle market by purchasing Tesla.
RELATED:Reuters - Apple warns Thai activists "state-sponsored attackers" may have targeted iPhones - Reuters - 12 hours 29 min agoCOMMENTARY:ZeroHedge - Apple Sues Israeli Spyware Firm, Begins Notifying Victims Of State-Sponsored iPhone Hacks - 3 hours 44 min agoBusinessInsider - Early Amazon Black Friday deals are already live now — save on Echo speakers, Apple AirPods, robot vacuums and more - 5 hours 41 min ago

White House Covid-19 vaccination coordinator steps down in long-planned departure
CNN - 10 hours 46 min ago
Dr. Bechara Choucair, the Biden White House Covid-19 vaccinations coordinator, departed his post earlier this week as the administration's efforts to vaccinate Americans continues.
RELATED:Associated Press - White House: 92% of fed workers under mandate are vaccinated - Associated Press - 11 hours 4 min agoCNN - Steve Burton, General Hospital actor, says show let him go for not getting vaccinated - 11 hours 58 min agoDeutsche Welle - COVID digest: New Zealand to reopen for vaccinated travelers in April - 20 hours 15 min agoCOMMENTARY:Russia Today - Assisted death only for vaccinated, euthanasia association says - 16 hours 42 min agoThe Guardian - Covid news live: South Korea reports record daily cases, US to require vaccination proof at all border crossings - 19 hours 44 min ago

Afghanistan: What Talibans new media rules mean for female actors
Deutsche Welle - 12 hours 3 min ago
By slapping new restrictions on the media and female actors, the Taliban have once again reaffirmed their misogynistic ideology, say rights advocates.
RELATED:NDTV - UK To Cooperate With Pak On Counter-Terrorism In Afghanistan: Official - 14 hours 17 min agoCOMMENTARY:Washington Post - What the Return of the Taliban Means for Afghanistan  - 10 hours 25 min agoIndiatimes - India will have to see how best to protect its interests in Afghanistan: FS - 11 hours 4 min agoGlobe and Mail - Western aid workers who stayed behind in Afghanistan after the Taliban takeover struggle with an impossible task - The Globe and Mail - 14 hours 4 min ago

US, China, India take on OPEC+ by releasing oil reserves
Deutsche Welle - 12 hours 14 min ago
After being spurned by OPEC+ for months, major consumers led by the US have come together to tame oil prices. The move is a setback to the oil cartel which would like to maintain its hegemony over the global oil market.
RELATED:CNBC - Oil prices are headed for $100 despite U.S. efforts to release reserves, analyst says - 18 hours 10 min agoCOMMENTARY:BusinessInsider - Oil-rich nations may respond to Bidens attempt to cut gas prices by hoarding their stock to keep prices high at the pump - 8 hours 30 min agoIndiatimes - IEA urges OPEC to take necessary steps to lower oil prices - 10 hours 4 min agoZeroHedge - Saudis, Russians Consider Pausing Oil Production Increases In Retaliation To Biden SPR Release - 10 hours 35 min agoThe Hindu - Oil prices drop as coordinated reserve release eases some supply fears - 20 hours 6 min ago

US Food Banks survive coronavirus demand to face new problems: supply chain disruption and rising food prices
CNN - 13 hours 17 min ago
For nearly two years, economic fallout from the coronavirus pandemic put increased demand on food banks across the US. As the need declines, they face new problems.
COMMENTARY:BusinessInsider - Wall Streets verdict is in: the US economy is booming again - 4 hours 56 min agoSCMP - US-China tech war: Beijing calls on Washington to stop further dialogue with Taipei on supply chain resilience, semiconductors - 11 hours 3 min ago

Texas wins contest to host Samsungs new $17 bln chip plant - Reuters
Reuters - 14 hours 28 min ago
Texas wins contest to host Samsung's new $17 bln chip plant  Reuters
RELATED:CNN - Samsung will create 2,000 jobs in Texas with $17 billion chip factory - 15 hours 8 min agoCNBC - Samsung plans to build a $17 billion chip plant in Texas - 15 hours 13 min agoCOMMENTARY:BusinessInsider - The best Black Friday TV deals include all-time low prices on flagship Sony, Samsung, and LG displays - 6 hours 45 min agoWashington Post - Samsung’s Texas Deal Shows it Makes More than Great Chips - 8 hours 8 min agoThe Independent - Samsung to build $17bn chip factory in Texas’s biggest ever foreign investment - 19 hours 35 min ago

Stripe says its open to accepting crypto for payments, three years after ending bitcoin support
CNBC - 14 hours 49 min ago
Stripe isn't ruling out accepting cryptocurrency as a method of payment in the future, co-founder John Collison said Tuesday.
RELATED:Bloomberg - Bitcoin To Shiba Inu, Local Prices Plunge As Government Lists Cryptocurrency Bill - BloombergQuint - 20 hours 38 min agoCOMMENTARY:ZeroHedge - Pride Goeth Before The Bitcoin Fall - 22 hours 4 min ago

Indias Star Health aims for $7 bln valuation in IPO - source - Reuters
Reuters - 18 hours 18 min ago
India's Star Health aims for $7 bln valuation in IPO - source  Reuters
RELATED:Bloomberg - These IPOs are under extra scrutiny after Paytm’s disaster debut - ThePrint - 20 hours 45 min agoCOMMENTARY:BusinessInsider - Dan Loebs hedge fund Third Point netted a $300 million profit from Rivians IPO, report says - 13 hours 55 min agoSCMP - Paytm shares rout deals painful reality check for India’s ‘casino’ IPO markets - 15 hours 34 min agoThe Hindu - Star Health IPO to open on November 30; sets price band at ₹870-900/share - 20 hours 30 min agoAllAfrica - Nigeria: MTN Nigeria Launches Book-Building Ahead of IPO - 21 hours 31 min agoThe Straits Times - Mooreast debuts on Catalist at 29 cents, 31.8% above IPO price - 23 hours 19 min ago

U.S. marshals other nations, challenges OPEC+ with release of oil reserves - Reuters
Reuters - 18 hours 21 min ago
U.S. marshals other nations, challenges OPEC+ with release of oil reserves  Reuters
RELATED:Bloomberg - After India, US Release Oil Together, OPEC+ Counterpunch That Could Hurt - NDTV - 22 hours 44 min agoNDTV - After India, US Release Oil Together, OPEC+ Counterpunch That Could Hurt - 22 hours 44 min ago

Asia stock markets decline amid inflation, oil price worries - Associated Press
Associated Press - 18 hours 37 min ago
Asia stock markets decline amid inflation, oil price worries  Associated Press
COMMENTARY:BusinessInsider - A cooling of the US-China trade war is a bullish prospect for the stock market that few investors are considering, JPMorgan says - 7 hours 45 min agoThe Hindu - An analysis on Paytm’s stock market performance - 20 hours 1 min ago

Worlds Most Interesting Central Banker Sells ECB to Germans - Bloomberg
Bloomberg - 21 hours 4 min ago
'World's Most Interesting Central Banker' Sells ECB to Germans  Bloomberg
COMMENTARY:Indiatimes - RIL subsidiary set to acquire franchise in ECBs UAE T20 League - 13 hours 4 min ago

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