Hundreds of billions of dollars were wiped off the entire cryptocurrency market after Tesla CEO Elon Musk tweeted Wednesday.
Category Archives: business
Secret Service seizes $2 billion in fraudulent Covid unemployment payments, returns funds to states
The Secret Service has confiscated and returned to states about $2 billion in stolen Covid unemployment relief funds, agency officials said Wednesday.
McDonald's raises hourly wages for company-owned restaurants
The increases will not directly impact workers at McDonald’s franchises, which make up 95 percent of its U.S. restaurants.
Ellen DeGeneres says instincts, not controversy, driving her decision to end show
“If it was why I was quitting, I would have not come back this year,” she said of allegations last year of a toxic workplace.
Colonial announces pipeline restart, says normal service will take 'several days'
Colonial Pipeline, operator of the largest U.S. fuel pipeline, said it is restarting operations after being shut down for five days due to a cyberattack.
Barnes & Noble owner buys stationery retailer Paper Source out of bankruptcy
“The opportunities for Paper Source to work with Barnes & Noble are tremendously exciting for both businesses,” said Barnes & Noble’s CEO.
Some Southeastern gas stations are dry. Now what?
“Until the pipeline operator can say the line is up and running, the backlog will build and concern will remain,” said one energy expert.
Two charged after gas station line fight amid panic-buying
The man and woman argued over spots in the line and each spat in the other’s face before the fight turned physical and a cellphone was damaged, police said.
From gas to groceries, consumer prices soared to historic highs in April
Grocery prices have been on the rise since the pandemic lockdowns hit last spring, spurring shoppers en masse to conduct weeks of shopping in single trips, emptying shelves and backup warehouses.
Some gas stations run dry as motorists rush to fill their tanks after pipeline shutdown
“Americans hoarding gasoline are running the system dry, a system that won’t be able to fully replenish retail stations for perhaps weeks,” one gas analyst said.