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Showing posts from May, 2022

FOX BIZ NEWS: McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week

McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week House Minority Leader Kevin McCarthy said Democrats aren't listening to voters by trying to advance their "irresponsible" spending plan. via FOX BUSINESS NEWS https://ift.tt/Sp2VXBR

FOX BIZ NEWS: CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes

CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes If a handful of House moderates stick to their demand that the chamber wait until a CBO score comes out to pass the bipartisan infrastructure bill, there won't be a vote until the week of Thanksgiving. via FOX BUSINESS NEWS https://ift.tt/AJmGZ4f

FOX BIZ NEWS: Boeing shareholders reach settlement in 737 MAX board oversight suit

Boeing shareholders reach settlement in 737 MAX board oversight suit via FOX BUSINESS NEWS https://ift.tt/erhfPaG

FOX BIZ NEWS: Democrats' spending bill could give four weeks of paid leave to people without jobs

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. via FOX BUSINESS NEWS https://ift.tt/xlrEV8n

FOX BIZ NEWS: Peloton shares drop as pandemic-related uncertainty weighs on outlook

Peloton shares drop 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. via FOX BUSINESS NEWS https://ift.tt/AzdQaxn

FOX BIZ NEWS: Miami mayor to accept entire salary in bitcoin

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. via FOX BUSINESS NEWS https://ift.tt/ZPwaViS

FOX BIZ NEWS: Biden admin's COVID vaccine, testing 'action' will help get people back to work: US labor secretary

Biden admin's COVID vaccine, testing 'action' will help get people back to work: US labor secretary Labor Secretary Marty Walsh argued on Friday that the “fear” of the coronavirus pandemic contributes to lackluster labor participation. via FOX BUSINESS NEWS https://ift.tt/oOhJtYz

FOX BIZ NEWS: Kroger, like Walmart, hit by fake crypto press release

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 via FOX BUSINESS NEWS https://ift.tt/fedozOU

FOX BIZ NEWS: Chinese spy convicted for attempting to steal US trade secrets

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. via FOX BUSINESS NEWS https://ift.tt/IFaUreA

FOX BIZ NEWS: Pelosi plans House vote on $1.2 trillion infrastructure bill Friday despite progressive opposition

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. via FOX BUSINESS NEWS https://ift.tt/qWsn0pj

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

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. via FOX BUSINESS NEWS https://ift.tt/eClIsS8

FOX BIZ NEWS: AOC attacks moderate Dem who says he will oppose controversial spending package

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. via FOX BUSINESS NEWS https://ift.tt/0Mnu8Ql

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

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. via FOX BUSINESS NEWS https://ift.tt/eV1JqEi

FOX BIZ NEWS: Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates

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. via FOX BUSINESS NEWS https://ift.tt/SoJtynX

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

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.” via FOX BUSINESS NEWS https://ift.tt/ziytvek

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

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. via FOX BUSINESS NEWS https://ift.tt/5BeznAL

FOX BIZ NEWS: McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week

McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week House Minority Leader Kevin McCarthy said Democrats aren't listening to voters by trying to advance their "irresponsible" spending plan. via FOX BUSINESS NEWS https://ift.tt/N4mh8K7

FOX BIZ NEWS: Bitcoin price turns around snapping recent skid

Bitcoin price turns around snapping recent skid via FOX BUSINESS NEWS https://ift.tt/uHh5Vk8

FOX BIZ NEWS: Stock futures trade higher ahead of October jobs report

Stock futures trade higher ahead of October jobs report via FOX BUSINESS NEWS https://ift.tt/SFplWJu

FOX BIZ NEWS: COVID vaccine mandate lawsuits: 24 states challenge Biden administration's mandate for private businesses

COVID vaccine mandate lawsuits: 24 states challenge Biden administration's mandate for private businesses At least 24 states have already taken action against President Biden's new COVID-19 vaccine mandate for private businesses with more than 100 employees. via FOX BUSINESS NEWS https://ift.tt/tBf71XD

FOX BIZ NEWS: Airbnb reports $834M profit as revenue soars

Airbnb reports $834M profit as revenue soars via FOX BUSINESS NEWS https://ift.tt/hLpAQHJ

FOX BIZ NEWS: News Corp profit surges on gains in real estate, book publishing, news media

News Corp profit surges on gains in real estate, book publishing, news media via FOX BUSINESS NEWS https://ift.tt/jB8hclw

FOX BIZ NEWS: Profit miss and Portnoy allegations taint Penn National shares

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. via FOX BUSINESS NEWS https://ift.tt/PKJSBO4

FOX BIZ NEWS: CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes

CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes If a handful of House moderates stick to their demand that the chamber wait until a CBO score comes out to pass the bipartisan infrastructure bill, there won't be a vote until the week of Thanksgiving. via FOX BUSINESS NEWS https://ift.tt/CAlMSKI

FOX BIZ NEWS: New Jersey plastic straw 'request only' rule takes effect as part of new ban

New Jersey plastic straw 'request only' rule takes effect as part of new ban New Jersey on Thursday took a step toward its ban on single-use plastics as a request-only rule for plastic straws at restaurants went into effect, according to reports. via FOX BUSINESS NEWS https://ift.tt/hJVMsRT

FOX BIZ NEWS: American Airlines delays COVID-19 vaccine mandate deadline until January

American Airlines delays COVID-19 vaccine mandate deadline until January American Airlines announced Thursday that it would postpone the implementation of a COVID-19 vaccine mandate for its employees until Jan. 4. via FOX BUSINESS NEWS https://ift.tt/S0tYmDV

FOX BIZ NEWS: Biden's social spending, infrastructure bills on track for House votes Friday

Biden's social spending, infrastructure bills on track for House votes Friday Democratic leaders are on track to bring both President Biden’s social spending bill and the bipartisan infrastructure bill up for votes on Friday following weeks of intense negotiations with progressive and moderate holdouts. via FOX BUSINESS NEWS https://ift.tt/iZAdCsu

FOX BIZ NEWS: GOP lawmakers say 'moronic' global tax minimum puts American businesses at a disadvantage

GOP lawmakers say 'moronic' global tax minimum puts American businesses at a disadvantage The party-defining debate between Democrats and Republicans on corporate tax rates took center stage Thursday, with GOP House lawmakers calling President Biden’s Made in America Tax Plan “moronic.” via FOX BUSINESS NEWS https://ift.tt/Lyp8ho0

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

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. via FOX BUSINESS NEWS https://ift.tt/yu0LNV2

FOX BIZ NEWS: Democrats' spending bill could give four weeks of paid leave to people without jobs

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. via FOX BUSINESS NEWS https://ift.tt/bytcoT5

FOX BIZ NEWS: Boeing shareholders reach settlement in 737 MAX board oversight suit

Boeing shareholders reach settlement in 737 MAX board oversight suit via FOX BUSINESS NEWS https://ift.tt/8jPWLYa

FOX BIZ NEWS: Kroger, like Walmart, hit by fake crypto press release

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 via FOX BUSINESS NEWS https://ift.tt/PvN6hMW

FOX BIZ NEWS: Pelosi plans House vote on $1.2 trillion infrastructure bill Friday despite progressive opposition

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. via FOX BUSINESS NEWS https://ift.tt/ukAVM6N

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

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. via FOX BUSINESS NEWS https://ift.tt/wK4HTUi

FOX BIZ NEWS: AOC attacks moderate Dem who says he will oppose controversial spending package

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. via FOX BUSINESS NEWS https://ift.tt/JbxX4Zl

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

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. via FOX BUSINESS NEWS https://ift.tt/U2FhKdo

FOX BIZ NEWS: Robotic delivery gets boost amid pandemic

Robotic delivery gets boost amid pandemic Starship Technologies CEO Alastair Westgarth discusses the technology behind the innovative delivery robot. via FOX BUSINESS NEWS https://ift.tt/X4FO3BR

FOX BIZ NEWS: State Department offering multimillion-dollar rewards to help track down, arrest DarkSide ransomware leaders

State Department offering multimillion-dollar rewards to help track down, arrest DarkSide ransomware leaders The agency will offer up to $10 million for information leading to the identification or location of any individual who "hold a key leadership position" in DarkSide and up to $5 million for information leading to the arrest or conviction of any individual conspiring or attempting to participate in a "DarkSide variant ransomware incident." via FOX BUSINESS NEWS https://ift.tt/emA7LvY

FOX BIZ NEWS: Pelosi forced to abandon Friday vote on immense social spending bill amid resistance from moderates

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. via FOX BUSINESS NEWS https://ift.tt/5bfjwua

FOX BIZ NEWS: Rivian sued for gender discrimination and retaliation by fired VP ahead of IPO

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. via FOX BUSINESS NEWS https://ift.tt/xtFOR6C

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

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.” via FOX BUSINESS NEWS https://ift.tt/X03twaH

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

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. via FOX BUSINESS NEWS https://ift.tt/f9kIQVD

FOX BIZ NEWS: McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week

McCarthy says Pelosi's push to quickly pass spending bill shows Dems didn't learn from elections this week House Minority Leader Kevin McCarthy said Democrats aren't listening to voters by trying to advance their "irresponsible" spending plan. via FOX BUSINESS NEWS https://ift.tt/G0EoZyQ

FOX BIZ NEWS: CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes

CBO score on reconciliation bill could take until Thanksgiving as Biden, Pelosi scramble for votes If a handful of House moderates stick to their demand that the chamber wait until a CBO score comes out to pass the bipartisan infrastructure bill, there won't be a vote until the week of Thanksgiving. via FOX BUSINESS NEWS https://ift.tt/iTHyEV6

FOX BIZ NEWS: Kroger, like Walmart, hit by fake crypto press release

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 via FOX BUSINESS NEWS https://ift.tt/aUwBsF2

FOX BIZ NEWS: Chinese spy convicted for attempting to steal US trade secrets

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. via FOX BUSINESS NEWS https://ift.tt/N3J81R2

FOX BIZ NEWS: Pfizer stock jumps, Moderna, Merck tumble

Pfizer stock jumps, Moderna, Merck tumble Pfizer's stock soared after it delivered groundbreaking results for its COVID-19 oral antiviral candidate, PAXLOVID. via FOX BUSINESS NEWS https://ift.tt/HBZLmaI

FOX BIZ NEWS: Rivian sued for gender discrimination and retaliation by fired VP ahead of IPO

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. via FOX BUSINESS NEWS https://ift.tt/rO2k6H0

FOX BIZ NEWS: Supply chain crisis can't be fixed by 'just one thing,' ex-Walmart CEO says

Supply chain crisis can't be fixed by 'just one thing,' ex-Walmart CEO says Former Walmart president and CEO Bill Simon says one policy move won't fix post-pandemic consumer demand and widespread labor shortages. via FOX BUSINESS NEWS https://ift.tt/UOaDvy1

FOX BIZ NEWS: Stocks hit records as hiring surges in October

Stocks hit records as hiring surges in October U.S. stocks rallied Friday after the October jobs report showed a surge in hiring. via FOX BUSINESS NEWS https://ift.tt/BblkvxG