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https://ift.tt/3GBc4Bp The Biden administration is using every tool at its disposal to “unstick the ports” ahead of Christmas and is also aiming to partner with American industry to “incentivize” domestic production of semiconductor chips amid the global supply chain crisis, U.S. Secretary of Commerce Gina Raimondo said Sunday.

https://ift.tt/316fHyP President Biden is convening world leaders at the Group of 20 summit on Sunday to talk about ways to relieve the supply chain bottlenecks hampering the global economy as it recovers from the coronavirus pandemic.

Biden admin working to ‘unstick ports’, partner with industry to ‘incentivize’ chip production in US: Raimondo The Biden administration is using every tool at its disposal to “unstick the ports” ahead of Christmas and is also aiming to partner with American industry to “incentivize” domestic production of semiconductor chips amid the global supply chain crisis, U.S. Secretary of Commerce Gina Raimondo said Sunday.

https://ift.tt/3nMjY21 The Federal Reserve releases its decision on interest rates and likely an update on inflation Wednesday.

https://ift.tt/2ZKZwXw President Biden and European Commission President Ursula Von Der Leyen announced a new agreement on Sunday that includes lifting steel and aluminum tariffs as part of what Biden called “a new era of transatlantic cooperation.”

Biden announces agreement with EU to lift steel, aluminum tariffs as part of transatlantic climate plan President Biden and European Commission President Ursula Von Der Leyen announced a new agreement on Sunday that includes lifting steel and aluminum tariffs as part of what Biden called “a new era of transatlantic cooperation.”

Biden, at Rome summit, seeks fixes for supply chain kinks President Biden is convening world leaders at the Group of 20 summit on Sunday to talk about ways to relieve the supply chain bottlenecks hampering the global economy as it recovers from the coronavirus pandemic.

https://ift.tt/3nMnbP4 Southwest Airlines is under fire after a video surfaced purportedly showing one of its pilots saying “Let's go Brandon” over the plane's intercom system.

https://ift.tt/2ZCiS17 President Biden will ask global leaders to increase energy output as the United States faces a coal shortage and rising energy prices.

https://ift.tt/316C8E2 The Latest on the Group of 20 summit taking place in Rome: Leaders have expressed “broad support” for a landmark deal to establish a 15% global minimum corporate tax that aims at deterring multinational countries from using clever accounting to elude taxes by using low-rate havens.

https://ift.tt/3bqwA9y Patagonia is doubling down on its decision to stop all paid advertising on Facebook Inc. platforms, urging other companies to join the sportswear company in its boycott of the social-networking company as it faces widespread scrutiny following the release of internal documents.

Southwest under fire after video surfaces purportedly showing pilot saying 'Let's go Brandon' Southwest Airlines is under fire after a video surfaced purportedly showing one of its pilots saying “Let's go Brandon” over the plane's intercom system.

Biden urges G20 leaders to increase energy production as coal surges, oil crunch continues President Biden will ask global leaders to increase energy output as the United States faces a coal shortage and rising energy prices.

G20 leaders find agreement on global tax deal The Latest on the Group of 20 summit taking place in Rome: Leaders have expressed “broad support” for a landmark deal to establish a 15% global minimum corporate tax that aims at deterring multinational countries from using clever accounting to elude taxes by using low-rate havens.

Patagonia is boycotting Facebook, urges other companies to do the same Patagonia is doubling down on its decision to stop all paid advertising on Facebook Inc. platforms, urging other companies to join the sportswear company in its boycott of the social-networking company as it faces widespread scrutiny following the release of internal documents.

https://ift.tt/3vYAfoe New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike.

https://ift.tt/3mtCrRQ Rep. Alexandria Ocasio-Cortez reiterated her call for President Biden to cancel student debt on Friday after moderate Democrats, including Sen. Joe Manchin of West Virginia, forced significant cuts to programs favored by progressives in the “Build Back Better Act.”

https://ift.tt/2ZFpHPj The world’s largest money manager is getting put on blast for being too woke.

Prosecutors urge prison for Michael Avenatti in Nike case New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike.

AOC says Biden should cancel student debt after spending bill cuts: 'He doesn't need Manchin's permission' Rep. Alexandria Ocasio-Cortez reiterated her call for President Biden to cancel student debt on Friday after moderate Democrats, including Sen. Joe Manchin of West Virginia, forced significant cuts to programs favored by progressives in the “Build Back Better Act.”

BlackRock targeted in new ad campaign for being too woke The world’s largest money manager is getting put on blast for being too woke.

https://ift.tt/3jRDgC3 The U.S. Food and Drug Administration approved the Pfizer-BioNTech COVID-19 vaccine for emergency use in children aged 5 to 11 on Friday, a critical step toward beginning vaccinations for the age group.

https://ift.tt/3CochFs Microsoft leapfrogged Apple for one of Wall Street’s most prestigious financial milestones.

McCarthy, Republicans torch Democrats over rising energy prices: 'We are the Saudi Arabia of natural gas' Fox News attended the Wednesday roundtable on surging energy prices across America, where a reporter asked the top House Republican on if the GOP had a plan to drive down gas and power prices.

https://ift.tt/3vVSM4C Fox News attended the Wednesday roundtable on surging energy prices across America, where a reporter asked the top House Republican on if the GOP had a plan to drive down gas and power prices.

FDA approves Pfizer vaccine for emergency use in children aged 5 to 11 The U.S. Food and Drug Administration approved the Pfizer-BioNTech COVID-19 vaccine for emergency use in children aged 5 to 11 on Friday, a critical step toward beginning vaccinations for the age group.

Microsoft unseats Apple as most valuable company Microsoft leapfrogged Apple for one of Wall Street’s most prestigious financial milestones.

https://ift.tt/3EqVFxv Amazon's earnings fell far short of expectations in its latest earnings report, and CEO Andy Jassy warned investors of "several billion dollars" in additional costs for Q4.

Amazon falls far short on earnings, citing ongoing supply chain crisis Amazon's earnings fell far short of expectations in its latest earnings report, and CEO Andy Jassy warned investors of "several billion dollars" in additional costs for Q4.

https://ift.tt/3bkrVFV Apple posted a rare sales miss in its fourth fiscal quarter of 2021 on Thursday as the iPhone maker contended with a global chip shortage and manufacturing delays related to the COVID-19 pandemic.

Apple posts rare sales miss amid chip shortage, supply issues Apple posted a rare sales miss in its fourth fiscal quarter of 2021 on Thursday as the iPhone maker contended with a global chip shortage and manufacturing delays related to the COVID-19 pandemic.

https://ift.tt/3GtYHCV Facebook plans to go all-in on the metaverse and will do so with a new name: Meta.

https://ift.tt/2ZyvVjp California Gov. Gavin Newson and Transportation Secretary Pete Buttigieg announced a loan partnership Thursday to address the state's clogged ports.

https://ift.tt/3Esn7e6 President Biden on Thursday outlined a slew of new taxes on corporations and the ultra-wealthy in order to pay for the bulk of his signature economic spending plan – but a new analysis suggests the rate increases could generate $500 million less than the White House estimated.

Facebook name change draws skepticism on social media Facebook plans to go all-in on the metaverse and will do so with a new name: Meta.

https://ift.tt/3CrYuO2 House Democrats raked energy CEOs over the coals over for their companies’ past responses to climate change, while the executives insisted they recognize the need for a future with lower carbon emissions.

Newsom, Buttigieg announce billions in loans to address bottlenecks and upgrade California ports California Gov. Gavin Newson and Transportation Secretary Pete Buttigieg announced a loan partnership Thursday to address the state's clogged ports.

https://ift.tt/3vSn3Bk Biden’s recent decision to nominate Cornell University professor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) tells us this.

Tax hikes in Biden's spending plan could raise $500M less than estimated, analysis shows President Biden on Thursday outlined a slew of new taxes on corporations and the ultra-wealthy in order to pay for the bulk of his signature economic spending plan – but a new analysis suggests the rate increases could generate $500 million less than the White House estimated.

Ford’s stock hits 7-year high, dividend coming back Ford is finally firing on all cylinders and Wall Street is getting onboard.

https://ift.tt/3br1nCR Ford is finally firing on all cylinders and Wall Street is getting onboard.

Democratic lawmakers demand pledges, accuse oil companies of past climate lies in confrontational hearing House Democrats raked energy CEOs over the coals over for their companies’ past responses to climate change, while the executives insisted they recognize the need for a future with lower carbon emissions.

Biden plans to fundamentally alter the US economy. Here's how we know: Justin Haskins Biden’s recent decision to nominate Cornell University professor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) tells us this.

Progressives spurn Pelosi on infrastructure vote without reconciliation deal House Speaker Nancy Pelosi is urging Democrats to pass a stalled $1 trillion infrastructure package as soon as today, but is being rebuffed by progressive lawmakers who are threatening to vote against the bipartisan measure unless it's accompanied by a larger, party-line spending bill.

https://ift.tt/3ContBW House Speaker Nancy Pelosi is urging Democrats to pass a stalled $1 trillion infrastructure package as soon as today, but is being rebuffed by progressive lawmakers who are threatening to vote against the bipartisan measure unless it's accompanied by a larger, party-line spending bill.

Marco Rubio urges Biden to investigate Amazon for allegedly shortchanging new parents, patients Sen. Marco Rubio, R-Fla., slammed Amazon for the company's “woke hypocrisy” following a report that accused the tech giant had been “shortchanging” new parents and patients dealing with medical issues.

https://ift.tt/3mv7ahr Sen. Marco Rubio, R-Fla., slammed Amazon for the company's “woke hypocrisy” following a report that accused the tech giant had been “shortchanging” new parents and patients dealing with medical issues.

GOP hopeful Jack Ciattarelli says NJ property taxes will be cut if elected New Jersey Republican gubernatorial candidate Jack Ciattarelli said he'll cut property taxes and introduce new brackets if elected.

American Airlines ‘outraged’ after flight attendant allegedly assaulted: ‘This behavior must stop’ An American Airlines flight from New York City to Orange County, California, was diverted to Denver on Wednesday after a passenger allegedly assaulted a flight attendant, according to reports.

Tech entrepreneur stirs debate after calling men who take 6 months paternity leave ‘losers’ A prominent investor and entrepreneur stirred online debate Wednesday after calling fathers with important jobs “losers” if they take six months of paternity leave for a newborn.