Money

A major gas pipeline. Dozens of government agencies. A Florida city’s water supply. And now, one of the world’s top meat producers. The last few months have seen a sharp rise in cyberattacks, often disrupting products and services that are key to our everyday lives. Many of those attacks have used ransomware, a set of

President Joe Biden has expanded a Trump-era ban on American investment in dozens of Chinese firms that Washington believes are linked to China’s military. Biden signed an executive order Thursday that prohibits Americans from owning or trading any securities tied to 59 companies, citing the threat of Chinese surveillance technology. The original order, signed by

United Airlines announced a deal to buy 15 supersonic jets, planning to carry passengers on the ultra-fast planes by 2029. If the airline can follow through with its plan, these would be the first commercial supersonic flights since the grounding of the Concorde jet in 2003. The economics of that fuel-guzzling supersonic jet and restrictions

In late February 2020, Microsoft carried out the first official test of its ElectionGuard voting security software in an election in Fulton, Wisconsin, for the local school board and a state supreme court seat. Developed as part of the tech giant’s “Defending Democracy” project, the software is designed to help make elections more secure and

AMC’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail investors as well as some legitimate good news about customers returning to movie theaters. But that doesn’t mean that AMC and the rest of the industry’s inherent problems are solved.

A major gas pipeline. Dozens of government agencies. A Florida city’s water supply. And now, one of the world’s top meat producers. The last few months have seen a sharp rise in cyberattacks, often disrupting products and services that are key to our everyday lives. Many of those attacks have used ransomware, a set of

The Federal Reserve announced Wednesday that it will begin winding down a program that purchased tens of billions of dollars of corporate assets to shore up the economy during the pandemic. In a statement, the central bank said the facility was crucial to businesses during the depth of the recession. But as the economy rapidly

Walmart is rolling out a new app for its employees and giving them a new Samsung phone to use it. The retailer is outfitting nearly half of its US workforce, amounting to 740,000 employees, with a free phone by the end of the year for personal and professional use. The phone, a Samsung Galaxy XCover

AMC’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail investors as well as some legitimate good news about customers returning to movie theaters. But that doesn’t mean that AMC and the rest of the industry’s inherent problems are solved.

AMC’s comeback, and then some — its stock price surged to a record high on Wednesday — has been fueled by Reddit’s army of retail investors as well as some legitimate good news about customers returning to movie theaters. But that doesn’t mean that AMC and the rest of the industry’s inherent problems are solved.

Peloton is introducing pricing tiers for its app — and students, health care workers and military members will receive major discounts. The app, which features thousands of instructor-led fitness classes, normally costs $12.99 per month. But in an effort to make its popular digital membership “more inclusive and accessible to a range of professionals and

Online marketplace Etsy announced Wednesday it is expanding into the booming clothing resale space by acquiring Gen Z-focused reseller Depop for $1.63 billion. U.K.-based Depop, which launched in 2011, is an ecommerce marketplace for buying and selling vintage and streetwear fashion. About 90% of its active users are under the age of 26, according to

Massive turnover rates. Dissatisfaction with pay. Demanding bosses. Some workers who helped Amazon take advantage of the business opportunity the pandemic brought say they aren’t pleased. The Covid-19 pandemic and the accompanying lockdowns left many Americans fearful or unable to shop at physical stores. So they turned to online shopping. Amazon purchases ballooned in 2020

Twitter is not caving — yet — to users’ demands for an “edit” button, but it is offering something close: an “undo tweet” option as part of its new subscription service, Twitter Blue, which debuts in Canada and Australia Thursday. The basic service will continue to be free, but for a monthly fee, users can

Climate change poses serious risks to the stability of the financial system, a senior International Monetary Fund official told CNN Business. Tobias Adrian, director of the IMF’s monetary and capital markets department, said the climate crisis could “absolutely” ignite a financial crisis. “The climate crisis is slow in the making, but it’s potentially disastrous,” Adrian