Biden's economic plan is bold. Is it possible?
New York (CNN Business)Democrats are on the cusp of taking control of the Senate, breathing new life into President-elect Joe Biden’s economic agenda at a time America’s job market could … Read More
Category: Business
Cash-Strapped Americans Are Drawing Down Savings as Pandemic Divisions Widen
The second round of stimulus checks can’t come fast enough for increasingly cash-strapped Americans. One in four consumers pulled money from their savings in December, the most so far in … Read More
Samsung Pay phases out its US rewards program in the new year
Samsung Pay ended its long-standing rewards program for its US users. This move will potentially open itself up to increased competition as well as outside growth opportunities. Insider Intelligence publishes … Read More
‘Slow Streets’ Disrupted City Planning. What Comes Next?
When she first heard that “slow streets” might be coming to Durham, North Carolina, alarm bells went off for Aidil Ortiz. It was late May, and by that point, dozens of … Read More
Los Angeles Dodgers Great Tommy Lasorda Released From Hospital After Seven Weeks & “Resting Comfortably” – Update
UPDATED, 6:05 PM: Los Angeles Dodgers legend Tommy Lasorda has been released from the hospital where he had been since mid-November. The team reported that the Hall of Famer is … Read More
California’s New Covid-Related “Hidden Disaster”: Critically Low Oxygen Supply
On Monday, California Governor Gavin Newsom announced the creation of a statewide “Oxygen Strategy” to confront a new, critical problem: lack of oxygen for those afflicted with Covid-19. He said … Read More
Goldman Sachs tech bankers tell us why they expect another year of 'mega dream deals' — and which companies could be hot M&A targets in 2021
Not even the coronavirus pandemic could cool down M&A activity in the red-hot tech, media, and telecoms sector in 2020. TMT merger and acquisition in the US activity swelled to … Read More
Some Americans who collected unemployment benefits in 2020 might see their tax refund shrink or disappear this year
Possible economic troubles loom for some that received unemployment benefits, Axios' Jennifer Kingson reports. Americans will have to declare their unemployment benefits as income on their tax returns, and those … Read More
New York’s MTA Poised for Fare Hike Debate Amid Ridership Drop
New York’s Metropolitan Transportation Authority faces a showdown on Jan. 21 on whether or not the debt-ridden agency should boost fares as riders struggle during the coronavirus pandemic. The nation’s … Read More
A boutique investment bank says Citi tried to swoop in on a major client after hiring one of its top oil-and-gas dealmakers
Intrepid Financial Partners, a Houston-based merchant and investment bank, says managing director Tony Fernandez could violate his noncompete by moving to Citi. Intrepid has been busy with oil-and-gas bankruptcies that … Read More
Most nursing home residents in the US remain unvaccinated despite national plans to prioritize the elderly
Only about 13% of the roughly 3.26 million COVID-19 vaccine doses distributed to nursing home residents and staff in the US have been administered, according to the CDC. Nearly 40% … Read More
N.Y. Seeking More Vaccine Supply Ahead of Distribution Increase
Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. New York is talking … Read More