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Showing posts from September, 2021

FOX BIZ NEWS: Dems call off infrastructure vote after negotiations stall on reconciliation bill, exposing Dems' slim margins

Dems call off infrastructure vote after negotiations stall on reconciliation bill, exposing Dems' slim margins House Democrats couldn't muscle through the bipartisan infrastructure bill Thursday via FOX BUSINESS NEWS https://ift.tt/39RDvYq

FOX BIZ NEWS: Second hospital in Alaska begins rationing care amid coronavirus spike

Second hospital in Alaska begins rationing care amid coronavirus spike A second hospital in Alaska is beginning to ration health care as the state deals with a spike in coronavirus cases. via FOX BUSINESS NEWS https://ift.tt/3zVB15N

FOX BIZ NEWS: Feds schedule Gulf offshore oil lease sale for November

Feds schedule Gulf offshore oil lease sale for November President Joe Biden's administration says it has followed a court order to schedule an offshore oil and gas lease sale for the Gulf of Mexico after the Democratic president's moratorium on new oil and gas leasing on federal lands was blocked by a judge. via FOX BUSINESS NEWS https://ift.tt/3D0Sf3F

FOX BIZ NEWS: FDA considering half-dose of Moderna vaccine as booster

FDA considering half-dose of Moderna vaccine as booster The Food and Drug Administration is leaning toward approving a half-dose of Moderna’s COVID-19 vaccine as a booster shot, according to a report. via FOX BUSINESS NEWS https://ift.tt/3AYcWMZ

FOX BIZ NEWS: Leon Cooperman and family donate $100M to hospital

Leon Cooperman and family donate $100M to hospital Billionaire Leon Cooperman and his wife Toby have donated $100 million to a New Jersey hospital via FOX BUSINESS NEWS https://ift.tt/2WtDJ53

FOX BIZ NEWS: Fed's Powell pledges diversity focus in filling reserve bank openings

Fed's Powell pledges diversity focus in filling reserve bank openings U.S. Federal Reserve Chair Jerome Powell on Thursday promised to redouble efforts to find "diverse candidates" to replace two high-profile officials who resigned this week after criticism of their securities trading, as the central bank tried to regroup from a blow to its typically staid, technocratic image. via FOX BUSINESS NEWS https://ift.tt/3imejOt

FOX BIZ NEWS: College students question Biden spending plans after learning of eye-popping national debt

College students question Biden spending plans after learning of eye-popping national debt A video from Campus Reform shows students questioning President Joe Biden's spending plans after learning the numbers on America's national debt via FOX BUSINESS NEWS https://ift.tt/3oj4Efn

FOX BIZ NEWS: Elizabeth Warren targets bank mergers with reintroduced bill

Elizabeth Warren targets bank mergers with reintroduced bill Sen. Elizabeth Warren, D-Mass., and Rep. Jesús “Chuy” García, D-Ill., reintroduced a bill Thursday that would ramp up scrutiny of proposed mergers between the country’s biggest banks, the latest in a series of moves by federal lawmakers to crack down on business practices they consider harmful to competition. via FOX BUSINESS NEWS https://ift.tt/2WrBdMv

FOX BIZ NEWS: Andy McCarthy reacts to Facebook's Instagram grilling on Capitol Hill

Andy McCarthy reacts to Facebook's Instagram grilling on Capitol Hill Former assistant US attorney joins 'Fox Business Tonight' to discuss the impact of Facebook products on kids via FOX BUSINESS NEWS https://ift.tt/2Y6QFyJ

FOX BIZ NEWS: Lordstown Motors confirms plan to sell Ohio plant to Foxconn

Lordstown Motors confirms plan to sell Ohio plant to Foxconn Lordstown Motors confirmed earlier reporting Thursday that it plans to sell its Ohio factory to Foxconn. via FOX BUSINESS NEWS https://ift.tt/3ijvVus

FOX BIZ NEWS: Yellen: Federal debt ceiling should be abolished by Congress

Yellen: Federal debt ceiling should be abolished by Congress With the federal government days away from its first default in U.S. history, Treasury Secretary Janet Yellen argued Thursday that Congress should eliminate the borrowing limit entirely to prevent similar risks in the future. via FOX BUSINESS NEWS https://ift.tt/3CXFarW

FOX BIZ NEWS: Jeff Bezos' Blue Origin accused of fostering 'toxic' workplace by current, former employees

Jeff Bezos' Blue Origin accused of fostering 'toxic' workplace by current, former employees A group of 21 former and current Blue Origin employees have penned an essay arguing Jeff Bezos' aerospace company is "stuck in a toxic past." via FOX BUSINESS NEWS https://ift.tt/3kUpIGL

FOX BIZ NEWS: Government short-term funding bill includes billions in Afghan resettlement funds

Government short-term funding bill includes billions in Afghan resettlement funds The House and Senate on Thursday passed a short-term funding bill that staved off a government shutdown and ensured funding to resettle thousands of Afghan refugees. via FOX BUSINESS NEWS https://ift.tt/3kU2Ozt

FOX BIZ NEWS: Manchin muscles progressives: I went from zero to $1.5T

Manchin muscles progressives: I went from zero to $1.5T West Virginia Sen. Joe Manchin says is willing to go "from zero" to a top line of $1.5 trillion on his fellow Democrats' planned reconciliation bill. via FOX BUSINESS NEWS https://ift.tt/3okgQfV

FOX BIZ NEWS: Brian Brenberg: Biden's $3.5T spending plan is really about the addiction that follows

Brian Brenberg: Biden's $3.5T spending plan is really about the addiction that follows The budget debates happening in Congress this week are about much more than the spending and debt we’ll saddle ourselves with over the next decade. via FOX BUSINESS NEWS https://ift.tt/3F3gFvk

FOX BIZ NEWS: Sinema reiterates she won't back $3.5T spending bill, says Biden and Schumer 'fully aware' of her stance

Sinema reiterates she won't back $3.5T spending bill, says Biden and Schumer 'fully aware' of her stance Sen. Kyrsten Sinema, D-Ariz., reiterated Thursday that she will not support a $3.5 trillion spending bill, in the latest sign of discord among key Democrats as President Biden scrambles to rally support for his signature piece of legislation. via FOX BUSINESS NEWS https://ift.tt/3utFjR5

FOX BIZ NEWS: CarMax slammed by inventory shortages

CarMax slammed by inventory shortages Inventory shortages are serving as a severe headwind for used-car dealers, according to CarMax Inc. via FOX BUSINESS NEWS https://ift.tt/3B45Yq8

FOX BIZ NEWS: Former OnlyFans employees allegedly retained access to sensitive user data after leaving company: report

Former OnlyFans employees allegedly retained access to sensitive user data after leaving company: report A new report claims that former employees of online platform OnlyFans retained access to sensitive data from some users long after leaving the company. via FOX BUSINESS NEWS https://ift.tt/3Bc692J

FOX BIZ NEWS: Sen. Cotton, Rep. Gallagher call on Biden admin to blacklist Chinese biotech companies

Sen. Cotton, Rep. Gallagher call on Biden admin to blacklist Chinese biotech companies Cotton and Gallagher sent a letter to Biden administration officials calling for Beijing Genomics Institute (BGI) and other Chinese biotech companies to be added to the blacklist. via FOX BUSINESS NEWS https://ift.tt/3A0spee

FOX BIZ NEWS: Spending negotiations a battle between left and far-left: Sen. Lankford

Spending negotiations a battle between left and far-left: Sen. Lankford Oklahoma Sen. James Lankford discusses the ongoing spending negotiations on Capitol Hill. via FOX BUSINESS NEWS https://ift.tt/3A7gJqp

FOX BIZ NEWS: House is ‘voting today’ on infrastructure bill: Rep. Green

House is ‘voting today’ on infrastructure bill: Rep. Green Rep. Mark Green says he expects the House to vote on the infrastructure bill Thursday. via FOX BUSINESS NEWS https://ift.tt/3kSKoyT

FOX BIZ NEWS: Republicans say Biden's $3.5T spending bill will spur cultural decline and sap the work ethic

Republicans say Biden's $3.5T spending bill will spur cultural decline and sap the work ethic As Democrats forge ahead with unilateral negotiations on President Biden’s $3.5 trillion spending package, Republicans – and at least one Democratic moderate – caution the expansive slate of social programs included in the bill could have lasting negative consequences for American workers. via FOX BUSINESS NEWS https://ift.tt/3zV5dOF

FOX BIZ NEWS: 2022 midterm elections ad spending expected to break records

2022 midterm elections ad spending expected to break records The 2022 midterm election cycle will likely set a new record for ad spending, according to a report from a top national ad tracking firm. via FOX BUSINESS NEWS https://ift.tt/3CYwt0r

FOX BIZ NEWS: Schumer says deal reached for vote to avoid government shutdown

Schumer says deal reached for vote to avoid government shutdown Senate Majority Leader Chuck Schumer announced an agreement late Wednesday for a Thursday morning vote to avoid a government shutdown. via FOX BUSINESS NEWS https://ift.tt/3mby7oL

FOX BIZ NEWS: Lordstown Motors reportedly in talks to sell Ohio factory to Foxconn

Lordstown Motors reportedly in talks to sell Ohio factory to Foxconn Startup automaker Lordstown Motors is reportedly in talks with Foxconn about the sale of its Ohio factory. The two companies would build products at the former General Motors plant. via FOX BUSINESS NEWS https://ift.tt/3CU1TVG

FOX BIZ NEWS: Stock futures rally as Senate reaches deal to avert shutdown

Stock futures rally as Senate reaches deal to avert shutdown U.S. stock futures were pointing to gains on the final day of the third quarter as the Senate reached a deal to avoid a government shutdown. via FOX BUSINESS NEWS https://ift.tt/3B31L64

FOX BIZ NEWS: US stocks trending higher as S&P claws back from losses and leads market back into positive territory

US stocks trending higher as S&P claws back from losses and leads market back into positive territory U.S. equity futures were trading higher after the S&P 500 rose Wednesday, clawing back some of its losses from the prior day’s rout as traders scooped up discounted shares. via FOX BUSINESS NEWS https://ift.tt/3uoq6Au

FOX BIZ NEWS: IPOs slow down globally in Q3 after frenetic 2021 start

IPOs slow down globally in Q3 after frenetic 2021 start Initial public offerings (IPO) globally slowed in the third quarter of 2021 from their previous frenetic pace, but the number of listings in the first nine months of the year still was the highest since the dotcom bubble of 2000, according to Refinitiv data. via FOX BUSINESS NEWS https://ift.tt/3zP8xed

FOX BIZ NEWS: AT&T to require vaccines for 90,000 of its union workers

AT&T to require vaccines for 90,000 of its union workers AT&T has become one of the largest employers in the U.S. to mandate vaccines for a significant number of frontline workers. via FOX BUSINESS NEWS https://ift.tt/2Y661De

FOX BIZ NEWS: Amazon settles with employees allegedly fired for criticizing working conditions

Amazon settles with employees allegedly fired for criticizing working conditions Amazon.com Inc and the U.S. National Labor Relations Board (NLRB) said on Wednesday the company had reached a settlement with two former employees who alleged they were fired last year after they criticized the working conditions at the e-commerce giant's warehouses. via FOX BUSINESS NEWS https://ift.tt/3CVInby

FOX BIZ NEWS: Appeals are mounting in Purdue Pharma bankruptcy settlement

Appeals are mounting in Purdue Pharma bankruptcy settlement Objections to a historic settlement with Purdue Pharma are mounting in the form of appeals, with Rhode Island's attorney general saying Wednesday the plan doesn't hold the OxyContin maker or its owners accountable for its role in sparking the opioid crisis. via FOX BUSINESS NEWS https://ift.tt/3CZgZtm

FOX BIZ NEWS: Virgin Galactic says FAA has cleared it for further flights

Virgin Galactic says FAA has cleared it for further flights Virgin Galactic said Wednesday that the Federal Aviation Administration has cleared it to resume launches after an investigation into why its spaceship veered off course while descending during a July flight with founder Richard Branson aboard. via FOX BUSINESS NEWS https://ift.tt/39UMBn6

FOX BIZ NEWS: SEC charges ex-Goldman compliance analyst with insider trading

SEC charges ex-Goldman compliance analyst with insider trading A U.S. regulator on Wednesday charged a former Goldman Sachs Group Inc senior compliance analyst with insider trading, saying he made illegal trades involving banking clients while working in Warsaw, Poland. via FOX BUSINESS NEWS https://ift.tt/3CSFat6

FOX BIZ NEWS: GM CEO Mary Barra first woman to lead Business Roundtable

GM CEO Mary Barra first woman to lead Business Roundtable Business Roundtable has elected GM CEO Mary Barra as its incoming chair, making her the first woman to lead the association via FOX BUSINESS NEWS https://ift.tt/3zUSv28

FOX BIZ NEWS: Manchin says he won't support 'trillions in spending,' calls for more negotiation

Manchin says he won't support 'trillions in spending,' calls for more negotiation Sen. Joe Manchin, D-W.Va., said Wednesday that he would not support “spending trillions more” on social programs, highlighting an ongoing dispute between the moderate Democrat and party leaders that threatens to derail negotiations on President Biden’s $3.5 trillion spending bill. via FOX BUSINESS NEWS https://ift.tt/2XZeZSG

FOX BIZ NEWS: Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’

Elon Musk accuses Biden of being ‘biased’ against Tesla after White House snub: He’s ‘controlled by unions’ Tesla CEO Elon Musk says the Biden administration appears to be "biased' against the electric vehicle maker, and "seems to be controlled by unions." via FOX BUSINESS NEWS https://ift.tt/2Yb42Oe

FOX BIZ NEWS: Lucid Motors to begin Lucid Air EV deliveries in October

Lucid Motors to begin Lucid Air EV deliveries in October Lucid Motors CEO Peter Rawlinson discusses the rollout of the automaker's electric vehicle product. via FOX BUSINESS NEWS https://ift.tt/3ihwIfc

FOX BIZ NEWS: US, EU deepen alliance to boost 'underpin' of global economies: semiconductors

US, EU deepen alliance to boost 'underpin' of global economies: semiconductors The U.S. and European Union pledged Wednesday to deepen its alliance for the sake of advancing common priorities like artificial intelligence, trade challenges and the “underpin” to global economies: semiconductors. via FOX BUSINESS NEWS https://ift.tt/2ZxwvxV

FOX BIZ NEWS: Schumer: Raising debt ceiling through majority vote under reconciliation would be 'risky'

Schumer: Raising debt ceiling through majority vote under reconciliation would be 'risky' Senate Majority Leader Chuck Schumer, D-N.Y., reiterated Wednesday that Democrats would not raise the debt ceiling through the budget reconciliation process despite ongoing resistance from Republican lawmakers ahead of a crucial deadline. via FOX BUSINESS NEWS https://ift.tt/2WrOCEs

FOX BIZ NEWS: Lt. General Keith Kellogg: Milley remained consistent with recommending 2,500 troops stay in Afghanistan

Lt. General Keith Kellogg: Milley remained consistent with recommending 2,500 troops stay in Afghanistan Former VP Pence National Security Adviser Lt. General Keith Kellogg joined “Cavuto: Coast to Coast” Wednesday, asserting Gen. Mark Milley remained consistent with recommending that 2,500 U.S. troops remain in Afghanistan. via FOX BUSINESS NEWS https://ift.tt/3okjW3C

FOX BIZ NEWS: Phantom Space, John Deere's Ingenu to build 72-satellite constellation

Phantom Space, John Deere's Ingenu to build 72-satellite constellation Phantom Space, a Tucson, Arizona-based space transportation and rocket manufacturing startup, has reached a deal valued at up to $240 million to design, build and launch a 72-satellite constellation that will carry Industrial Internet of Things (IIoT) payloads for John Deere subsidiary Ingenu. via FOX BUSINESS NEWS https://ift.tt/3ikMFBj

FOX BIZ NEWS: YouTube banning all anti-vaccine content contributing to misinformation

YouTube banning all anti-vaccine content contributing to misinformation YouTube is banning all content the platform says is spreading misinformation about the COVID-19 vaccine. via FOX BUSINESS NEWS https://ift.tt/3unsuaI

FOX BIZ NEWS: Bitcoin slightly higher early Wednesday, trading at around $42,300

Bitcoin slightly higher early Wednesday, trading at around $42,300 Bitcoin was trading 1.12% higher Wednesday morning at about $42,300 via FOX BUSINESS NEWS https://ift.tt/3CT3mvC

FOX BIZ NEWS: US stocks showing significant gains overnight despite high Treasury yields

US stocks showing significant gains overnight despite high Treasury yields U.S. equity futures were trading higher early Wednesday even as Treasury yields have reached their highest levels in months. via FOX BUSINESS NEWS https://ift.tt/3CTQtRP

FOX BIZ NEWS: Samsung Electronics close to finalizing $17B Texas chip plant -sources

Samsung Electronics close to finalizing $17B Texas chip plant -sources Samsung Electronics Co Ltd is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. via FOX BUSINESS NEWS https://ift.tt/3if1Wnc

FOX BIZ NEWS: Apple, Google asked to turn in S.Korea compliance plans by mid-October

Apple, Google asked to turn in S.Korea compliance plans by mid-October Apple and Alphabet's Google have been asked to turn in by mid-October compliance plans for a new South Korean law that bans major app store operators from forcing software developers to use their payment systems, a regulatory official said on Wednesday. via FOX BUSINESS NEWS https://ift.tt/3F0aWX9

FOX BIZ NEWS: Progressive caucus says no infrastructure without reconciliation as Dem divisions become apparent

Progressive caucus says no infrastructure without reconciliation as Dem divisions become apparent Just days after House Speaker Nancy Pelosi went on ABC’s "This Week" to vow that Democrats will pass the $1 trillion infrastructure plan this week, progressives in the party did their own promising. via FOX BUSINESS NEWS https://ift.tt/3kRr9WM

FOX BIZ NEWS: United Airlines ready to fire workers for defying vaccine mandate

United Airlines ready to fire workers for defying vaccine mandate United Airlines said on Tuesday nearly 600 U.S.-based employees faced termination after failing to comply with the carrier's vaccination policy. via FOX BUSINESS NEWS https://ift.tt/3F1M419

FOX BIZ NEWS: Cherokee Nation reaches $75M settlement with drug companies

Cherokee Nation reaches $75M settlement with drug companies The Cherokee Nation and three opioid distributors reached a $75 million settlement to resolve opioid-related claims against the companies, the tribe and the companies announced Tuesday. via FOX BUSINESS NEWS https://ift.tt/3kRlkIU

FOX BIZ NEWS: Court says city can ban Confederate flag in veterans parade

Court says city can ban Confederate flag in veterans parade A Georgia city did not violate the constitutional rights of a Sons of Confederate Veterans group when it banned the Confederate battle flag from its annual parade honoring veterans of American wars, a federal appeals court ruled Tuesday. via FOX BUSINESS NEWS https://ift.tt/2XX5MtU