Money

Billionaire Leon Cooperman rejected Senator Elizabeth Warren’s invitation to testify on her proposed wealth tax, saying he has no interest in appearing “at her show trial.” Warren invited Cooperman, with whom she has repeatedly clashed, to appear at an April 27 hearing on creating a fairer tax system. In a statement to CNN Business Tuesday

A pair of recent real estate studies are shedding light on how people of color have been consistently disadvantaged in the US housing market for years and are largely missing out on the country’s ongoing home-buying frenzy. For nearly a decade, homes sold in mostly Black neighborhoods have been undervalued by an average of $46,000,

Coal country is in free fall and is pleading for help from Washington. That’s why the largest union in one of the dirtiest industries is broadly backing President Joe Biden’s $2 trillion green infrastructure package — an ambitious plan that has also won support from climate activists. “Anybody who would not accept jobs where jobs

The nearly two-decade relationship late basketball player Kobe Bryant and Nike has ended. Bryant was “an important part of Nike’s deep connection to consumers,” Nike said in a statement. “Though our contractual relationship has ended, he remains a deeply loved member of the Nike family,” the company added. Bryant, along with eight other people, including

Dave Calhoun, Boeing’s CEO for the company’s worst year ever, will get to stay around to try to lead the aerospace giant’s rebound for the foreseeable future. That’s because the Boeing board announced it is raising its executive retirement age. Calhoun just turned 64 this week, and normally the mandatory retirement age for Boeing executives

Natural Light is instantly recognizable for its cheap beer. But the 44-year-old brand is branching out to keep fickle drinkers satisfied. The brewer, owned by Anheuser-Busch InBev, has rapidly expanded its options in recent years with new flavors and spiked seltzers. Now it’s unleashing boozy popsicles and flavored vodkas. “We want to be the preferred

Chinese President Xi Jinping has called for global cooperation in the face of a growing anti-China front led by the United States, warning that an “open world economy” is essential to recovering from the pandemic. “Attempts to erect walls or decouple run counter to the law of economics and market principles,” Xi said Tuesday via

Add Pampers and Tampax to the list of brands you may soon pay more for at the store. Procter & Gamble said Tuesday that it will raise prices on brands such as Pampers diapers and Always and Tampax tampons, the latest consumer goods’ manufacturer to hike what it charges retailers. The exact amount of price

All the dogecoins in circulation are now worth more than $53 billion after fans declared April 20 Doge Day on social media with the aim of pushing the digital currency’s value to new heights. The price of a single dogecoin jumped as much as 20% on Tuesday to 42 cents, nearing Friday’s all-time high of

Global carbon dioxide emissions are set to surge dangerously this year as the global economy undergoes a huge recovery. In a new report, the International Energy Agency estimates that carbon emissions from energy use are on track to spike by 1.5 billion tonnes in 2021, as heavy coal consumption in Asia, and in China in

Apple made good on its “Spring loaded” promise by unveiling a slew of new products at its annual Spring product launch event. From a new IPad Pro and redesigned, colorful iMacs to a purple iPhone, the long-awaited AirTag location tracker, and an updated Apple TV and remote, here’s a closer look at everything Apple announced

When people think Apple, they think big ticket items like iPhones, MacBooks and iPads. But the company’s accessories line of iPhone cases, chargers and tablet keyboards is a critical part of its revenue growth strategy. Now AirTag could be its next big accessory win. An AirTag is a Tile-like Bluetooth locator that attaches to and

Although the Covid-19 pandemic continues, Greece says it is open for tourism. Greece has lifted quarantine requirements for vaccinated travelers and those testing negative for Covid-19 from key tourism markets, including Europe, the United Kingdom and the United States, in what officials called “baby steps” on the road back to normality. First Move’s Julia Chatterley

All aboard! There’s a bidding war in the railroad industry. Canadian National is offering to buy Kansas City Southern for $33.7 billion, topping a $25 billion bid from rival Canadian Pacific. Shares of Kansas City Southern surged more than 15% Tuesday on the news. Canadian National fell nearly 7% while Canadian Pacific was down about

Shang-Chi is getting his turn on the big screen, and the superhero’s debut couldn’t come at a better time. The pandemic put the Marvel movies and TV shows on pause last year with nothing to maintain the momentum of 2019’s “Avengers: Endgame” — one of the biggest blockbusters of all time. 2020 had nothing new

Bitcoin and similar cryptocurrencies have gone increasingly mainstream, but Tuesday’s announcement that Venmo is adding crypto support just put crypto access in the palm of everyone’s hand. Venmo, which is owned by PayPal, said its more than 70 million customers can buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1. Cryptocurrency can

Nearly four years after the infamous Fyre Festival flamed out, scammed ticketholders might finally see some restitution for the biggest party that never was. A proposed settlement in federal bankruptcy court would give more than $7,000 apiece back to a few hundred people who, in the spring of 2017, arrived on a private island in

Add Pampers and Tampax to the list of brands you may soon pay more for at the store. Procter & Gamble said Tuesday that it will raise prices on brands such as Pampers diapers and Always and Tampax tampons, the latest consumer goods’ manufacturer to hike what it charges retailers. The exact amount of price

Natural Light is instantly recognizable for its cheap beer. But the 44-year-old brand is branching out to keep fickle drinkers satisfied. The brewer, owned by Anheuser-Busch InBev, has rapidly expanded its options in recent years with new flavors and spiked seltzers. Now it’s unleashing boozy popsicles and flavored vodkas. “We want to be the preferred