Business

In Warren Buffett’s Annual Letter Again Encourages Investors To Bet On America

OMAHA, Neb. (AP) — Billionaire Warren Buffett encouraged investors to maintain their faith in America's economy and the businesses his Berkshire Hathaway conglomerate owns in a rea...

Game On, Again: Gamestop Surges And No One Truly Knows Why

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NEW YORK (AP) — Wall Street's GameStop saga can't stop. At the very least, it won't stop. After weeks of going dormant, shares of GameStop have suddenly shot higher again, jumpi...

GameStop Shares Double After Tumbling For Much Of February

WALL STREET (AP) — Wall Street’s mania over GameStop is on again, at least for one afternoon. Shares in the troubled video game company more than doubled Wednesday to $91.71 api...

Facebook Says It Will Pay $1B Over 3 Years To News Industry

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CALIFORNIA (AP) — Facebook, following in Google's footsteps, says it plans to invest $1 billion to "support the news industry” over the next three years. The social networking g...

Dominion Voting Systems sues ‘MyPillow Guy’ for $1.3 Billion

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MINNEAPOLIS (AP) — Dominion Voting Systems filed a $1.3 billion defamation lawsuit Monday against the founder and CEO of Minnesota-based MyPillow, saying that Mike Lindell falsely ...

Biden To Boost Pandemic Lending To Smallest Businesses

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WASHINGTON (AP) — President Joe Biden is targeting federal pandemic assistance to the nation's smallest businesses and taking steps to further equity in what is known as the Payche...

‘Mom, can I buy stocks?’ GameStop provides teachable moment

NEW YORK (AP) - The recent GameStop frenzy provided what parents and educators call a teachable moment — an opportunity that presents itself to lend a little insight. So what is...

“Mr. Kitty” Goes Virtually To Washington Over Gamestop Saga

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WASHINGTON (AP) - The social media movement that made a beloved icon of GameStop enthusiast Keith Gill continued to rally behind the YouTube personality known as Roaring Kitty as h...

US Jobless Claims Jump To 861,000 As Layoffs Stay High

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WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week to 861,000, evidence that layoffs remain painfully high despite a steady drop in the number o...

Walmart Sales Still Surging, But A Chill May Be On The Way

NEW YORK (AP) — Walmart swung to a loss in the fourth quarter as the sale of its Japan and United Kingdom divisions weighed on its performance. Sales surged by 7.4% in the perio...

Lawmakers To Face Off With Gamestop Saga’s Key Players

WASHINGTON (AP) — The GameStop saga has been portrayed as a victory of the little guy over Wall Street giants but not everyone agrees, including some lawmakers in Washington. Ga...

New York Sues Amazon Over Worker Safety During Pandemic

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NEW YORK (AP) — New York is suing Amazon, claiming the company failed to provide workers with a safe environment at two warehouses in the state as COVID-19 infections surged nation...

Former Trump Casino Where Stars Played Goes Out With A Bang

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ATLANTIC CITY, N.J. (AP) — A spot on the Atlantic City Boardwalk where movie stars, athletes and rock stars used to party — and a future president honed his instincts for bravado a...

GameStop’s Saga May Be Over; Its Effect On Wall Street Isn’t

NEW YORK (AP) — The frenzy around GameStop’s stock may have quieted down, but the outsized influence small investors had in the saga is likely to stick around. No one expects an...

Hospitals Still Ration Medical N95 Masks As Stockpiles Swell

TEXAS (AP) - Mike Bowen’s warehouse outside Fort Worth, Texas, was piled high with cases of medical-grade N95 face masks. His company, Prestige Ameritech, can churn out 1 million m...

Bitcoin, Seemingly Omnipresent, Crosses The $50,000 Mark

SILVER SPRING, Md. (AP) — After a wild stretch in which Bitcoin repeatedly set new highs amid murmurs of its seemingly unstoppable ascendance, the digital currency crossed the $50,...

Luxury Car Brand Jaguar To Go All-Electric By 2025

LONDON (AP) — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. ...

Breaking Down The Tax Implications Of PPP Loans

NEW YORK (AP) - The approaching tax season is raising fresh questions for business owners who received a loan through the Paycheck Protection Program. Can you deduct expenses pa...

China Bans BBC News Broadcasts In Apparent Retaliatory Move

BEIJING (AP) — China has banned BBC World News from airing in China, one week after threatening to retaliate for the recent revocation of the British broadcasting license for China...

Taxing Time: How The Pandemic Will Affect Filing Your Taxes

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WASHINGTON (AP) - The pandemic has made everything a bit trickier — tax filing season is no exception. The whole process is starting a bit later this year and there are a few wr...