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Showing posts from November, 2021

Chinese spy convicted for attempting to steal US trade secrets

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Chinese spy convicted for attempting to steal US trade secrets A spy for China’s Ministry of State Security was convicted on Friday for attempting to steal trade secrets from General Electric and other U.S. aviation firms, the Justice Department announced.

Rep. Luetkemeyer says voters ‘mad as the dickens’ at Biden policies crippling 'Main Street' America

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https://ift.tt/3k8Rkap Rep. Blaine Luetkemeyer said Virginia's election results show voters are "mad as the dickens" at policies put forward by the Biden administration and congressional Democrats.

Chinese spy convicted for attempting to steal US trade secrets

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https://ift.tt/3BPeB7w A spy for China’s Ministry of State Security was convicted on Friday for attempting to steal trade secrets from General Electric and other U.S. aviation firms, the Justice Department announced.

Kroger, like Walmart, hit by fake crypto press release

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https://ift.tt/3mPvomu Kroger says it was hit with a fake press release falsely claiming the nationwide grocer would be accepting Bitcoin Cash

Pfizer stock jumps, Moderna, Merck tumble

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https://ift.tt/3GSkrZj Pfizer's stock soared after it delivered groundbreaking results for its COVID-19 oral antiviral candidate, PAXLOVID.

Rivian sued for gender discrimination and retaliation by fired VP ahead of IPO

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https://ift.tt/3CPBOrr Former Rivian VP Laura Schwab has filed a gender discrimination lawsuit against electric truck startup Rivian days before it launches an IPO.

Kroger, like Walmart, hit by fake crypto press release

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Kroger, like Walmart, hit by fake crypto press release Kroger says it was hit with a fake press release falsely claiming the nationwide grocer would be accepting Bitcoin Cash

Pfizer stock jumps, Moderna, Merck tumble

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Pfizer stock jumps, Moderna, Merck tumble Pfizer's stock soared after it delivered groundbreaking results for its COVID-19 oral antiviral candidate, PAXLOVID.

Rivian sued for gender discrimination and retaliation by fired VP ahead of IPO

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Rivian sued for gender discrimination and retaliation by fired VP ahead of IPO Former Rivian VP Laura Schwab has filed a gender discrimination lawsuit against electric truck startup Rivian days before it launches an IPO.

Pelosi plans House vote on $1.2 trillion infrastructure bill Friday despite progressive opposition

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https://ift.tt/2ZVZKva House Speaker Nancy Pelosi and her leadership team Friday doubled down on a plan to put the bipartisan infrastructure bill and a procedural rule for Democrats' reconciliation bill up for a vote despite not having the votes for final passage of the reconciliation bill.

Pelosi plans House vote on $1.2 trillion infrastructure bill Friday despite progressive opposition

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Pelosi plans House vote on $1.2 trillion infrastructure bill Friday despite progressive opposition House Speaker Nancy Pelosi and her leadership team Friday doubled down on a plan to put the bipartisan infrastructure bill and a procedural rule for Democrats' reconciliation bill up for a vote despite not having the votes for final passage of the reconciliation bill.

Democrats push tax break for high-income earners in last-minute social spending package revision

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https://ift.tt/3GYxQPu In a late Thursday night revision to President Biden’s social spending package, Democrats included a provision that would raise the itemized deduction cap for state and local taxes (SALT), a move analysts argue will only benefit high-income earners.

Democrats push tax break for high-income earners in last-minute social spending package revision

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Democrats push tax break for high-income earners in last-minute social spending package revision In a late Thursday night revision to President Biden’s social spending package, Democrats included a provision that would raise the itemized deduction cap for state and local taxes (SALT), a move analysts argue will only benefit high-income earners.

AOC attacks moderate Dem who says he will oppose controversial spending package

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AOC attacks moderate Dem who says he will oppose controversial spending package Rep. Alexandria Ocasio-Cortez, D-N.Y., had a derisive response Friday after one of her fellow Democrats said he would vote to kill the spending package pushed by others in the party.

AOC attacks moderate Dem who says he will oppose controversial spending package

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https://ift.tt/31tWK9r Rep. Alexandria Ocasio-Cortez, D-N.Y., had a derisive response Friday after one of her fellow Democrats said he would vote to kill the spending package pushed by others in the party.

OSHA COVID mandate warns lying about vax status punishable by $10K fine, up to 6 months in prison

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OSHA COVID mandate warns lying about vax status punishable by $10K fine, up to 6 months in prison The Occupational Safety and Health Administration's new vaccine requirement for businesses with more than 100 employees warns of a potential $10,000 fine and up to six months of imprisonment for individuals who lie about their vaccination status.

OSHA COVID mandate warns lying about vax status punishable by $10K fine, up to 6 months in prison

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https://ift.tt/3BRSj4V The Occupational Safety and Health Administration's new vaccine requirement for businesses with more than 100 employees warns of a potential $10,000 fine and up to six months of imprisonment for individuals who lie about their vaccination status.

Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates

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Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates House Speaker Nancy Pelosi moved to save face with a procedural vote on Democrats' reconciliation bill Friday after an effort to pass it stalled yet again after a small group of moderates demanded the House wait for scores from the Congressional Budget Office.

Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates

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https://ift.tt/3qdjipo House Speaker Nancy Pelosi moved to save face with a procedural vote on Democrats' reconciliation bill Friday after an effort to pass it stalled yet again after a small group of moderates demanded the House wait for scores from the Congressional Budget Office.

Biden Energy Sec. Granholm laughs at question about boosting oil production: 'That is hilarious'

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https://ift.tt/3o2tOgv Energy Secretary Jennifer Granholm on Friday laughed at a question about boosting America's domestic oil production, calling it “hilarious.”

Biden Energy Sec. Granholm laughs at question about boosting oil production: 'That is hilarious'

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Biden Energy Sec. Granholm laughs at question about boosting oil production: 'That is hilarious' Energy Secretary Jennifer Granholm on Friday laughed at a question about boosting America's domestic oil production, calling it “hilarious.”

Build Back Better Act: Immigration provision grants 5-year parole to some migrants, shielding from deportation

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https://ift.tt/3kuT3Y3 A new provision in Democrats' Build Back Better social spending plan would grant parole to immigrants who entered the U.S. illegally more than 10 years ago to shield them from being deported.

Build Back Better Act: Immigration provision grants 5-year parole to some migrants, shielding from deportation

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Build Back Better Act: Immigration provision grants 5-year parole to some migrants, shielding from deportation A new provision in Democrats' Build Back Better social spending plan would grant parole to immigrants who entered the U.S. illegally more than 10 years ago to shield them from being deported.

West Hollywood OKs highest minimum wage hike in the country

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https://ift.tt/3BLOs9w The West Hollywood City Council voted Wednesday evening in favor of increasing the city's minimum wage to $17.64 an hour, bumping another California city for the highest in the country.

Sec. Raimondo: Public pre-K will lead to fewer 'help wanted' signs

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Sec. Raimondo: Public pre-K will lead to fewer 'help wanted' signs Commerce Secretary Gina Raimondo on Thursday said public preschool programs will lead to fewer "help wanted" signs by boosting female employment rates.

Pelosi says Dems 'proceeding' with Biden spending bill, but no update on vote timing

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https://ift.tt/2ZMTFAB House Speaker Nancy Pelosi said Thursday that Democratic lawmakers were “proceeding” with President Biden’s social spending bill, a declaration she made despite lingering disagreements on the legislation.

Democrats' spending bill could give four weeks of paid leave to people without jobs

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Democrats' spending bill could give four weeks of paid leave to people without jobs The provision in question is buried deep in the bill sewn together by House Democrats as they desperately try to get legislation across the finish line after a GOP trouncing at the polls on Tuesday.

Boeing shareholders reach settlement in 737 MAX board oversight suit

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Boeing shareholders reach settlement in 737 MAX board oversight suit

News Corp profit surges on gains in real estate, book publishing, news media

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News Corp profit surges on gains in real estate, book publishing, news media

Peloton shares skid as pandemic-related uncertainty weighs on outlook

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Peloton shares skid as pandemic-related uncertainty weighs on outlook Shares of Peloton have plunged as much as 30% in after-hours trading Thursday after the fitness equipment giant cut its full-year 2022 guidance due to a slow start to the second quarter and "challenged visibility" in its near-term operating performance as a result of uncertainty related to the COVID-19 pandemic.

Profit miss and Portnoy allegations taint Penn National shares

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https://ift.tt/3BR8mjf Penn National Gaming’s stock plunged 21% in trading Thursday following a lukewarm earnings report and the publication of an article accusing Barstool Sports founder Dave Portnoy of sexual misconduct.

Profit miss and Portnoy allegations taint Penn National shares

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Profit miss and Portnoy allegations taint Penn National shares Penn National Gaming’s stock plunged 21% in trading Thursday following a lukewarm earnings report and the publication of an article accusing Barstool Sports founder Dave Portnoy of sexual misconduct.

NYC mayor-elect Eric Adams wants first 3 paychecks in bitcoin

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NYC mayor-elect Eric Adams wants first 3 paychecks in bitcoin New York City Mayor-elect Eric Adams pledged Thursday that he would accept his first three paychecks in bitcoin when he formally takes office next year.

Biden spending bill: Hoyer puts House on alert to be ready to return within an hour's notice

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Biden spending bill: Hoyer puts House on alert to be ready to return within an hour's notice House Majority Leader Steny Hoyer, D-Md., said Thursday that lawmakers will receive one hour’s notice prior to any vote later this evening on President Biden’s spending and infrastructure bills.

West Hollywood OKs highest minimum wage hike in the country

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West Hollywood OKs highest minimum wage hike in the country The West Hollywood City Council voted Wednesday evening in favor of increasing the city's minimum wage to $17.64 an hour, bumping another California city for the highest in the country.

Pelosi says Dems 'proceeding' with Biden spending bill, but no update on vote timing

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Pelosi says Dems 'proceeding' with Biden spending bill, but no update on vote timing House Speaker Nancy Pelosi said Thursday that Democratic lawmakers were “proceeding” with President Biden’s social spending bill, a declaration she made despite lingering disagreements on the legislation.

Rep. Luetkemeyer says voters ‘mad as the dickens’ at Biden policies crippling 'Main Street' America

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Rep. Luetkemeyer says voters ‘mad as the dickens’ at Biden policies crippling 'Main Street' America Rep. Blaine Luetkemeyer said Virginia's election results show voters are "mad as the dickens" at policies put forward by the Biden administration and congressional Democrats.

Manchin: U.S. has already spent more on COVID-19 than it did on World War II

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Manchin: U.S. has already spent more on COVID-19 than it did on World War II Sen. Joe Manchin, D-W.Va., explained his hesitance to vote for more spending in President Biden's Build Back Better plan by noting that the United States has already spent more money amid the COVID-19 pandemic than it did in fighting World War II, in today's dollars.

Manchin: U.S. has already spent more on COVID-19 than it did on World War II

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https://ift.tt/3k5plIG Sen. Joe Manchin, D-W.Va., explained his hesitance to vote for more spending in President Biden's Build Back Better plan by noting that the United States has already spent more money amid the COVID-19 pandemic than it did in fighting World War II, in today's dollars.

Miami mayor to accept entire salary in bitcoin

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Miami mayor to accept entire salary in bitcoin Miami Mayor Francis Suarez, who just secured a second term this week, said he will accept his entire salary in bitcoin.

Miami mayor to accept entire salary in bitcoin

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https://ift.tt/3whdTyq Miami Mayor Francis Suarez, who just secured a second term this week, said he will accept his entire salary in bitcoin.

White House snubbed by OPEC, exploring options

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https://ift.tt/3wnWJPR The White House is exploring its options after OPEC+, a group of the world’s largest energy producers, moved ahead with planned production increases, ignoring President Biden’s plea to pump out more oil.

Stock futures trade tentatively following Fed taper decision

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Stock futures trade tentatively following Fed taper decision

Toyota lifts annual profit outlook on a weaker yen

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Toyota lifts annual profit outlook on a weaker yen

MGM plans to sell Mirage operations in Las Vegas

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MGM plans to sell Mirage operations in Las Vegas MGM Resorts International said it would sell its operations of The Mirage to another operator, part of a rash of deals that are changing the hands of ownership on the Las Vegas Strip.

Qualcomm posts record sales amid surging demand for 5G smartphones

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Qualcomm posts record sales amid surging demand for 5G smartphones Qualcomm Inc. posted record quarterly sales and forecast further growth amid surging demand for 5G smartphones in the face of supply-chain constraints.

Kellogg's US cereal plant workers reject revised offer

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Kellogg's US cereal plant workers reject revised offer

Car industry doing well despite pandemic-related shortages

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Car industry doing well despite pandemic-related shortages The car manufacturing industry is experiencing a chip shortage, which has delayed production and car sales. Despite this, business has been great, according to representatives at the Specialty Equipment Market Association (SEMA) convention in Las Vegas. Industry leaders are unveiling thousands of new innovations as they navigate pandemic-related roadblocks.

Car industry doing well despite pandemic-related shortages

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https://ift.tt/3bE8NCZ The car manufacturing industry is experiencing a chip shortage, which has delayed production and car sales. Despite this, business has been great, according to representatives at the Specialty Equipment Market Association (SEMA) convention in Las Vegas. Industry leaders are unveiling thousands of new innovations as they navigate pandemic-related roadblocks.

Fed decision, Powell press conference: Recap

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https://ift.tt/2Ybzpbm Federal Reserve policymakers delivered a fresh assessment of the U.S. economy and the state of inflation.