Money

Copper prices climbed to their highest level in nearly a decade Friday as investors in the commodity anticipate rising demand for infrastructure and construction projects in the post-pandemic economy. On Friday, the price of copper climbed above $4 per pound for the first time since September 2011. The base metal is used in many construction

America’s CEOs are the most confident they have been in 17 years, as company leaders expect fewer layoffs and further improvements in the business environment, according to a recent survey from the Conference Board, a non-profit think tank. But this sentiment doesn’t align with the experience of millions of Americans who are still unemployed and

The blackouts that shut down most of Texas for much of this week could be coming to other parts of the country in the future. The power outages lasted for days, caused widespread misery and dozens of deaths in a state where many customers depend on electric heat. But experts in the field, regulators in

Over on Disney+ it’s time to play the music; it’s time to light the lights as “The Muppet Show” debuts on the service Friday. All five seasons of Jim Henson’s classic variety show starring Kermit the Frog, Miss Piggy and failed stand-up comedian Fozzie Bear are now available to stream. Disney noted that the the

All of Dole Packaged Foods’ US-based employees will make at least $15 an hour within a few months, the company says. “The $15 an hour that is actually being discussed today in the Biden administration… I think we’re very close from actually doing the same ourselves,” said Pier Luigi Sigismondi, president of Dole Packaged Foods,

Uber is reviewing how it treats thousands of drivers in the United Kingdom after the Supreme Court upheld a ruling that they should be classified as workers and not independent contractors. The unanimous decision could deliver a major blow to the company’s business model in one of its most important markets, and opens the door

How Facebook, Uber and Robinhood run their businesses is under threat around the world, a warning sign for investors who have been all too willing to ignore regulatory risks for fast-growing tech companies in recent years. What’s happening: An increasing number of elected officials want Facebook to pay news organizations for their content. The UK

As winter storms sweep the US, you may be using your snow blower more than ever. And if it’s made by Toro, it’s time to check your model number. The company is recalling around 6,700 Toro Power Max 826 OHAE Snowthrowers with the model number 37802 because of an amputation hazard, according to the US

Citigroup lost a court battle Tuesday to claw back $504 million it mistakenly wired to Revlon’s lenders in August. But don’t get your hopes up that you could keep a chunk of change accidentally placed in your bank account. A federal judge ruled that the wire transfers made by Citi, who was acting as Revlon’s

The market for new stocks continues to sizzle — with no signs of a slowdown for initial public offerings or special purpose acquisition company mergers. Dating app Bumble enjoyed a strong debut, gaining nearly 65% in its IPO last week. Online commerce companies Affirm and Poshmark also did well after their IPOs in January. The

Facebook’s decision to block people from sharing news in Australia has been rebuked by lawmakers around the world, raising the specter of a much wider showdown between the world’s biggest social media platform and the governments and news organizations fighting to check its power. Elected officials and media publishers in the United Kingdom, Canada, Germany

What is Facebook without news? People and publishers in Australia are now finding out. Facebook has barred Australians from finding or sharing news on its service, a dramatic escalation of a fight with the government that may have wide-ranging consequences both in the country and around the world. The social networking company on Wednesday said

The NASA Perseverance rover safely landed on Mars after its 292.5 million-mile journey from Earth, the agency confirmed at 3:55 p.m. ET Thursday. The rover landed itself flawlessly, according to the mission’s team. “Percy,” as the spacecraft is affectionately called at mission control, sent back its first images of the landing site immediately after touchdown,

Millions of American jobs have been lost due to the pandemic – and a lot of those positions likely aren’t coming back. People are losing their homes. What happens next? The highly anticipated film “Nomadland,” out Friday in theaters and on demand, offers a powerful example of one possible scenario: life on the road, permanently.

An Australian employee of China’s state broadcaster CGTN has been arrested on suspicion of “illegally supplying state secrets overseas,” Canberra said Monday. In a statement, Australian Foreign Minister Marise Payne said Cheng Lei, who has been detained in China since August 13, 2020, had been formally arrested on February 5. “Chinese authorities have advised that

Just days after Maryland became the first state in the country to impose a tax on digital advertising targeting Big Tech, lobbying groups representing companies including Amazon, Facebook, Google are trying to stop it. In a lawsuit filed Thursday, the groups allege that the state law is “deeply flawed” as well as “unlawful” and “unconstitutional.”

Facebook allegedly gave its advertisers “inflated and misleading” metrics on how many people their ads could reach for years, according to newly revealed court documents in a long-running lawsuit against the company. The documents, unsealed on Wednesday by the US District Court for the Northern District of California, cite emails from a Facebook employee saying

Google is making changes to the leadership of its responsible artificial intelligence efforts months after the contentious departure of prominent Black artificial intelligence researcher Timnit Gebru rattled the company. The tech giant said in a blog post Thursday that Marian Croak, a Black woman who has been a vice president at the company for six

Kroger will close two stores in Seattle over the city’s $4-an-hour hazard pay requirement for grocery workers, an escalation of the grocery chain’s push against newly-passed hazard pay laws growing on the West Coast. The company, the largest grocery chain in the United States, will close two of its QFC stores in April in response