Business

Business

Moderna Preps for Global Launch of COVID Vaccine, Though Trial is Ongoing

Bio-tech firm Moderna is feeling pretty confident about its COVID-19 vaccine candidate. Indeed, the Massachusetts-based company has already taken in $1.1 billion in deposits from …

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Business

HHS Wanted Santa Claus Actors to Promote a COVID Vaccine. Really?

It looks like Santa Claus won’t be bringing a COVID vaccine down the chimney with him. Not this year, at least. Health and Human Services …

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Business

Forbes Estimates Trump Could Owe $900 Million in Debt by End of Second Term

Weeks ago, a special report by The New York Times revealed that President Trump is in deep debt. But on Monday, Forbes reported that the …

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Business

California Appeals Court Demands Uber and Lyft to Treat Drivers as Employees

California hits the brakes on Uber and Lyft. After months of legal dispute, an appellate court in the Golden State has ruled that Uber and …

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Business

DOJ Files Antitrust Suit Against Google, Alleging Illegal Monopoly

On Tuesday the Justice Department unleashed antitrust charges against Google. The Department accuses the internet monolith of maintaining an illegal monopoly over search and search …

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Business

Over a Hundred Fired from Wells Fargo for Relief Fund Fraud

Wells Fargo has fired over a hundred employees for allegedly defrauding a Small Business Administration (SBA) relief program. The Economic Injury Disaster Loan is an …

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Business

JPMorgan Chase to Pay Historic Settlement for Dishonest Trade Practices

JPMorgan Chase will pay more than $920 million to various federal agencies for engaging in manipulative market practices for years. As part of the settlement, …

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Business

Uber Wins Appeal in London, Regaining License in Biggest European Market

A British judge handed Uber a victory on Monday, overturning a ban on the ride-hailing app in London. Last year, Transport for London (TfL), the …

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Business

Judge Halts TikTok Ban (For Now)

TikTok lives to dance another day. On Sunday, a federal judge partially granted the video-sharing app its request for a temporary injunction against a United …

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Business

United Airlines to Launch COVID Testing

In an effort to boost passenger confidence, United Airlines is about to launch an on-the-spot coronavirus testing program. The program will initially be available only …

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Business

California to Ban Sale of New Gas-Powered Vehicles by 2035, Says Newsom

On Wednesday, California Gov. Gavin Newsom announced one of the most decisive reforms towards clean energy in the state’s, if not the country’s, history. By …

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Business

Takeaways from Tesla Battery Day

Elon Musk hoped that Battery Day would prove a pep rally for his Tesla electric vehicle, an opportunity to rev up excitement about the line’s …

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Business

Uncle Ben’s Rice to Rebrand Following Criticism of Racist Stereotyping

Mars Food announced this week that the Uncle Ben’s line of rice products will soon rebrand as “Ben’s Original,” following renewed criticism that the old …

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Business

Wells Fargo CEO Apologizes for Diversity Comments

Wells Fargo CEO Charlie Scharf has apologized for claiming that his bank lacks diversity due to “a very limited pool of Black talent to recruit …

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Business

Do Amazon Search Results Purposely Hide Rival Products?

Amazon makes it quite difficult for competitors to promote their products on the e-commerce platform, according to a story in The Wall Street Journal. Per …

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