Almost every country in the world is likely to see an increase in inequality because of the pandemic, according to a new report.
Category Archives: business
Budweiser will sit out Super Bowl, funnel marketing dollars to boost vaccine awareness
The move marks the first time in 37 years that the brand will not advertise beer at the event. Pepsi and Coca-Cola also won’t be advertising their drinks.
Merck scraps two Covid-19 vaccine candidates
The decision followed a review of findings from Phase 1 clinical studies for the vaccine candidates.
'A mini-exodus': Tech companies are leaving Silicon Valley for cheaper cities
The desire for cheaper expenses and to avoid costly local laws drives business relocations.
Musk to donate sliver of net worth for carbon capture
The Tesla CEO tweeted that he would be giving $100 million toward a technology prize.
Biden wants a $15 hourly federal minimum wage. Is America ready?
Raising the federal minimum wage “would provide a much-needed financial shot in the arm for many of those still in a position of financial fragility,” one economist said.
Trump business revenues plunged during pandemic, final disclosure reveals
Most of the former president’s core golf and hotel properties saw steep declines as the virus and lockdown restrictions kept consumers home and suspended discretionary travel.
Biden picks Jessica Rosenworcel as acting FCC chief
Rosenworcel is the second woman to lead the agency as acting chair.
Corporate America lines up to praise Biden — and hopes to bend his ear
After years of rule by tweet, business leaders said they welcome a chance to return to an established way of doing business, including strategic, long-term planning.
An online store is using Latino humor — and gaining fans
“We try to touch on things that are funny and sincere. I think that resonates with people,” says House of Chingasos founder Carlos Ugalde.