BUSINESS

A lingering overabundance of inventory plaguing the computer processor and memory chip sector is showing no signs of relief as the consumer economy contracts and the boom caused by Coronavirus Disease 2019 (COVID-19) lockdown and work from home mandates has all but dissolved. Perhaps the most simultaneously amusing and apt

US Imposes Sanctions on China and Russia, Citing Abuses and Corruption
WASHINGTON, United States — On Friday, Dec. 9, the Biden Administration imposed sanctions on dozens of...

Investment Firm Vanguard Quits Net Zero Climate Effort Citing ‘Need for Independence’
Global investment firm Vanguard is pulling out of a major investment-industry initiative on tackling...

Long Queues Forming as Oil Tankers Try to Pass Through Turkish Strait
ISTANBUL, Turkey — At least 20 oil tankers queuing off Turkey face more delays to cross from Russia's...

Wall Street Dragged by Recession Fears, S&P Poised For 4th Decline
NEW YORK — Wall Street benchmarks tumbled again on Tuesday, Dec. 6 — with the S&P 500 on course for...

US Government Eyeing New ‘Priority Areas’ for Solar Energy
The Biden administration said on Monday, Dec. 5 that it would begin a process to identify new areas for...

AT&T to Pay $6 Million to SEC to Settle Lawsuit Over Leaks to Analysts
AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission...

Galaxy Wins Bid for Collapsed Crypto Lender
Galaxy Digital Holdings Ltd. will buy crypto lender Celsius Network LLC-owned digital asset custody platform...

Biden Signs Bill to Block US Railroad Strike
WASHINGTON, United States — President Joe Biden officially signed legislation on Friday, Dec. 2 to block...

Florida Pulls $2 Billion From BlackRock in Largest Anti-ESG Divestment
Florida's Chief Financial Officer revealed on Thursday, Dec. 1 that his department would be pulling $2...