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United Airlines disclosed Monday one of its largest orders for the Boeing 737 Max jet since the aircraft was grounded in March 2019, agreeing to buy an additional 25 planes. The airline also accelerated the delivery timetable for 45 other 737 Max jets it had previously ordered. United said the decision was based on its

President Joe Biden on Sunday night lent his support to Amazon workers who are pushing to unionize — and appeared to warn Amazon not to deter them. In a video posted on Twitter, Biden didn’t mention the company by name, but he did reference workers in Alabama, where a milestone union election is underway at

Rarely has the chasm between rank-and-file-workers and the extremely wealthy been this wide. While millions of people have lost jobs, gone hungry and struggled to pay for their basic needs, billionaires’ wealth soared to new heights in 2020. And although the pandemic made things worse, America’s wealth gap has largely been expanding since the 1980s.

Covid-19 no longer seems to be the biggest concern on Wall Street as more people are getting vaccinated. Now, the focus is squarely on the bond market and inflation. Investors are starting to worry that the economy may heat up too much, and that inflation will make an unwelcome return. That has led to some

Sexual harassment against McDonald’s restaurant employees “will not be tolerated,” McDonald’s CEO Chris Kempczinski said in a statement responding to a CBS News report detailing some female employees’ disturbing allegations. “Let me say plainly: every single person working under the Arches must have a safe and respectful work environment,” Kempczinski wrote Sunday. “Sexual harassment in

Rocket Lab, a startup that builds small rockets to shuttle satellites to orbit, announced Monday that it’s going public via SPAC, joining a wave of companies opting to list themselves on the stock market by reverse merger rather than more traditional IPO routes. The deal will value the company at $4.1 billion, according to a

ExxonMobil is adding two prominent activist investors to its board of directors, in a bid to halt the first credible threat to overthrow its board in modern history. The decision to add Jeff Ubben, co-founder of Inclusive Capital Partners, and former Comcast finance chief Michael Angelakis comes as Exxon faces extreme dissent from shareholders about

Sexual harassment against McDonald’s restaurant employees “will not be tolerated,” McDonald’s CEO Chris Kempczinski said in a statement responding to a CBS News report detailing some female employees’ disturbing allegations. “Let me say plainly: every single person working under the Arches must have a safe and respectful work environment,” Kempczinski wrote Sunday. “Sexual harassment in

Stocks jumped at Monday’s opening bell as US Treasury yields are pulling back and taking a breather from their recent ascent. The Dow opened 1.1%, or some 350 points, higher, while the broader S&P 500 climbed 1.4%. The Nasdaq Composite opened up 1.6%. The recent jump in US government bond yields weighed on the stock

With Americans drinking more light beer than ever, Anheuser-Busch is giving them another option with the nationwide release of Budweiser Select. The 99-calorie beer, previously available only in St. Louis, is now rolling out nationwide, in “response to growing consumer demand for a lower calorie beer option,” the company announced Monday. Budweiser Select was available

Starbucks is adding oat milk to its menus across the United States beginning Tuesday as demand for non-dairy alternatives surges. Oat milk has become especially trendy in recent years among coffee drinkers avoiding dairy. Starbucks is serving Oatly, the Oprah Winfrey-backed brand that recently announced plans to go public. Starbucks said that the arrival of

Mr. Potato Head caused a lot of buzz last week, and Fox News played a big part in that. Over the past week, the plastic toy — and its gender — has been mentioned at least 35 times on Fox News and Fox Business combined. “The conversations about Mr. Potato Head and trans kids or

Warren Buffett is warning that the “pathetic” returns available to bond investors may encourage risky behavior. “Bonds are not the place to be these days,” the legendary investor wrote in Berkshire Hathaway’s annual letter to shareholders, lamenting that the yield on 10-year Treasury bonds has fallen 94% since September 1981. The big picture: Interest rates

Trade ties between Australia and China worsened over the past year as the two countries became mired in a diplomatic dispute. Now it appears those problems, and the pandemic, are also hitting investment. Chinese investment in Australia plunged to just over 1 billion Australian dollars ($775 million) in 2020, down 62% from the previous year,

Facebook has turned the news back on. In Australia, the websites that were previously blocked by Facebook are now accessible and sharable once again. But the battle involving social networks and news is just beginning. Australia’s government passed a law that offered a glimpse at the future for Facebook and media consumers around the world.

India issued strict new rules on Thursday for Facebook, Twitter and other social media platforms weeks after the country’s government attempted to pressure Twitter to take down accounts it deemed incendiary. The rules require any social media company to create three roles in India: a “compliance officer” who will ensure they follow local laws; a

OPEC and Russia’s unprecedented production cuts last spring lifted oil prices out of a death spiral. Nearly a year later, the group is under pressure to cool off the red-hot market. US crude has raced back above $60 a barrel. That’s a far cry from the depths it reached last April when oil crashed below