Money

Nearly 30,000 Macs worldwide have been infected with mysterious malware, according to researchers at security firm Red Canary. The issue was somewhat confounding to Red Canary researchers, who said it’s not clear what the malware’s goal is. In a blog post, the firm said it did not observe the malware delivering “malicious payloads” — essentially,

Late last year it seemed Boeing was finally on the verge of moving past some of the biggest challenges in its history. US regulators lifted the 20-month grounding of the 737 Max, and Covid-19 vaccine approvals raised hopes for back-to-normal demand for air travel and aircraft purchases. But now Boeing faces perhaps a more serious

Kieran Cain was playing basketball with his kids Saturday afternoon at an elementary school in greater Denver when he heard what sounded like a sonic boom and looked up. “We could see there was a giant black cloud of smoke high up in the sky, immediately followed by, you know what looked like pieces of

Uncle Sam is in search for a pot of gold that could ease the pain of trillion-dollar deficits. And some believe Wall Street might just have the answer. For more than a decade, progressives have tried and failed to impose a financial transaction tax. But there is new momentum for such a levy as the

Boeing has spent years trying to assure customers, regulators and the public that its planes are safe. That job may have just gotten harder. What’s happening: Airlines in the United States, South Korea and Japan have grounded dozens of Boeing 777 aircraft after one of the jets suffered engine failure Saturday, sending debris crashing down

Peloton is releasing a lower-priced treadmill to become more than a purveyor of high-end stationary-bikes. The public company, which reported revenue of more than $1 billion for the quarter ending in December, already has one treadmill on the market, called Tread+, which has earned celebrity endorsements from the likes of Miley Cyrus and Lizzo who

The boom in bitcoin prices is giving a huge lift to a California bank that accepts cryptocurrency deposits and doles out bitcoin-backed loans. Shares of Silvergate Capital are up more than 120% so far this year -— and the stock has skyrocketed nearly 1,300% since going public in November 2019. Increasingly more financial services firms,

The US economy is still at the mercy of the pandemic. But for policy makers to help the recovery along, we must first get the virus under control, said Treasury Secretary Janet Yellen. “Success on the public health front is a key metric that we will be watching,” Yellen said during an interview with the

Microsoft is joining forces with publishers in Europe to call for an Australia-style system that would force tech platforms such as Google and Facebook to pay news organizations for content. The company said Monday that it would team up with media industry groups like the European Publishers Council to lobby for such a policy, which

Electricity and gas provider Just Energy warned that the financial impact of the Texas winter storms could force it out of business. Just Energy said Monday that it could lose about $250 million from Texas’ deep freeze that left millions without power last week. The hit “could be materially adverse to the Company’s liquidity and

Nearly a year into the Covid-19 pandemic, many Americans remain stuck trying to work, attend school and socialize from home. For tens of millions of them, this is made more difficult because they lack access to fast, reliable internet at home. That means millions of American kids are unable to do at-home schoolwork. Millions of

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. USA Today and Suffolk University conducted a survey of 1,000 Trump voters, identified via 2020 polls, in the past week. The results reaffirm that Donald Trump’s big lies are now part of the bedrock of

Kamala Harris isn’t the only Black woman making history in 2021. The January 20 swearing-in of the nation’s first woman, Black and southeast Asian vice president came at a pivotal moment for Black women in the business world, which up until recently has failed miserably to increase the number of Black executives — male and

In an interview with CNN’s Anderson Cooper, Bill Gates said deaths during Texas’ winter freeze were preventable, caused by the state’s decision not to weatherize its energy. Gates pushed back on Texas Governor Greg Abbott’s claim that frozen wind turbines were to blame for the massive power failure. Gates said America’s dependence on renewable energy

Rio Tinto’s former CEO got a huge payout last year despite being forced to resign over the company’s destruction of a sacred Indigenous site in Australia. Jean-Sébastien Jacques received £13.3 million ($18.6 million) in pay and long-term incentive rewards in 2020, compared to £7.1 million ($9.9 million) the previous year, according to the company’s annual

Dominion Voting Systems, the election technology company that has been the focus of debunked conspiracy theories about election fraud, is suing MyPillow and its CEO Mike Lindell. The company is seeking about $1.3 billion in damages for Lindell’s numerous unfounded public statements by allies of former President Donald Trump that Dominion rigged its machines in

Disney+ is warning viewers that some episodes of “The Muppet Show” feature “negative depictions” and “mistreatment of people or cultures.” The variety show, which ran for 120 episodes in the 1970s and features puppet characters interacting with celebrity guests, was added to Disney’s streaming service last week. Viewers are being shown the warning label before

Surging iPhone sales in the final three months of 2020 pushed Apple ahead of Samsung as the world’s biggest smartphone maker, according to new research. The launch of the 5G iPhone 12 series propelled Apple to the number one position in the fourth quarter, Gartner said in a statement on Monday. The last time Apple