Money

Google says it will shut down its search engine in Australia if a controversial bill designed to benefit the news media becomes law. At a Senate hearing in Canberra on Friday, Google Australia Managing Director Mel Silva said the draft legislation “remains unworkable,” and would be “breaking” the way millions of users searched for content

The Vermont school teacher behind the cozy mittens worn by Senator Bernie Sanders during President Joe Biden’s inauguration on Wednesday said she’s been flooded with requests from people wanting to buy a pair. But they’re no longer for sale. “Thanks for all the interest in Bernie’s mittens!” Jen Ellis wrote on Twitter. “I’m so flattered

Last February, a group of Instacart employees who worked as in-store shoppers at a Mariano’s grocery store in Skokie, Illinois, voted to unionize in a historic moment for the gig economy. Nearly one year later, those workers have been informed that their jobs are being cut as part of a broader change to how Instacart

America’s energy policy is getting an extreme makeover. President Joe Biden is wasting no time undoing the Trump administration’s efforts to prop up fossil fuels and deny the existence of a climate crisis. On his first day in the White House, Biden took a series of executive actions that put an exclamation point on his

Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the coronavirus-ravaged economy afloat. “They’ve thrown a lot of stimulus at it,” Hassett told CNN Business on Thursday, “but I think we need to be risk averse.” The former Trump administration official fears that without

Volkswagen CEO Herbert Diess is new to Twitter, but he made a splash with his very first tweet — going after master troll and Tesla CEO Elon Musk. “Hello @Twitter! I’m here to make an impact with @VWGroup, especially on political issues,” Diess tweeted on Wednesday. “And, of course, to get some of your market

Donald Trump’s future on Facebook and Instagram is now up in the air. Facebook has referred its previous decision to suspend former President Donald Trump’s posting privileges to its independent Oversight Board for review, the company said in a blog post Thursday. Facebook said it wants the Oversight Board’s binding ruling on the matter given

Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the coronavirus-ravaged economy afloat. “They’ve thrown a lot of stimulus at it,” Hassett told CNN Business on Thursday, “but I think we need to be risk averse.” The former Trump administration official fears that without

Donald Trump’s businesses generated nearly 40% less revenue last year as the coronavirus pandemic slammed the hotel industry, putting the former president under financial pressure even before corporate partners and banks ditched him in the wake of the insurrection at the US Capitol. Posted on Wednesday as he left the White House, Trump’s final financial

Google will pay news publications in France for the use of their content online in a landmark agreement that could soon be replicated elsewhere in Europe under new copyright laws. The tech company and APIG, which represents French news media, said in a joint statement on Thursday that they have agreed on principles for how

Stocks have reached records on hopes that stimulus spending and vaccination programs will trigger a recovery in corporate earnings later this year. But for companies like United Airlines, the situation is only becoming more dire. What’s happening: The airline told investors after markets closed on Wednesday that its losses are mounting and emphasized plans to

China says that it is a “victim” of misinformation after Twitter restricted the account of the Chinese embassy in the United States. The retort comes after Twitter temporarily locked the account of the Chinese embassy over a tweet it posted defending Beijing’s treatment of Uyghurs. The post, which was made earlier this month, claimed that

Pat Gelsinger has a massive task ahead of him when he takes over as Intel CEO next month. The semiconductor company, whose products have served as the brains of countless computers and other important technologies, has in recent years lost its position as the industry’s undisputed leader. Among the biggest challenges Intel faces: unprecedented competition

Jack Ma just made his first public appearance in months as his tech empire continues to face scrutiny from Chinese regulators. The billionaire co-founder of Alibaba resurfaced Wednesday, in a video published by Chinese state media. He was shown speaking to teachers in rural China as part of a philanthropic event. The video was published

The jobs crisis roared on during Donald Trump’s last full week as president, with 900,000 Americans filing for first-time unemployment benefits on a seasonally adjusted basis. It was down from the prior week’s upswing, when claims rose to 926,000. It’s a good sign that benefit applications fell again, but “good” is relative here: Millions of

On Wednesday at noon, Joe Biden became the 46th president of the United States. He was not arrested beforehand. Nor were any of the other high-profile Democratic politicians who attended the inauguration. Donald Trump didn’t declare martial law. He flew to Florida quietly. And thus died one of the longest-lasting and most widespread conspiracy theories