Failure to disclose climate risks and environmental costs could constitute securities fraud, if new proposals are passed.
Category Archives: business
Biden announces changes in loan program aimed at aiding small and minority-owned businesses
Biden had previously criticized the loan program for having helped larger businesses with existing banking relationships while many smaller businesses struggled to get relief.
Loans from China to Latin America dry up, as region's governments take pandemic hit
With Latin American borrowers squeezed by the coronavirus pandemic, China has taken a hit as governments have delayed payments on previous loans.
Boeing 747 cargo plane drops engine parts in Netherlands
The plane, which was headed to New York, was powered by Pratt & Whitney PW4000 engines, a smaller version of those on a United Airlines Boeing 777 involved in an incident in Denver.
Boeing grounds 777 planes after United passengers watch flaming engine fall midflight
The company suspended operations for the planes powered by a Pratt & Whitney 4000 model engine.
As Texas deep freeze subsides, some households now face electricity bills as high as $10,000
“The last thing an awful lot of people need right now is a higher electric bill — and that’s unfortunately something a lot of people will get stuck with.”
Some Texans power up through storm with help from their Ford pickup, Tesla
One pickup truck owner said he had planned to use the built-in generator for camping trips. “I didn’t know I would wind up needing it for something like this,” he said of the winter storm.
Who's watching the kids? As vaccine and school progress stalls, working moms are on the brink
“The experience of work from home is very different for people with young children than for people without,” said one economist.
Bitcoin steams to new record, hits $1 trillion market cap
The digital currency was trading at just under $54,000 per coin on Friday, having gained around 350 percent over the past six months.
Stock market rises after Yellen comments on need for stimulus
With the Biden stimulus plan and good progress on vaccines to defeat the pandemic, “I think we could be back to full employment next year,” Secretary Yellen said.