Financial - News Headlines

Asian shares have skidded after a rout in technology companies pulled the Nasdaq 3.5% lower in the steepest loss for the tech-heavy index since October

South Korea has administered its first available shots of coronavirus vaccines to people at long-term care facilities, launching a mass immunization campaign

The Senate parliamentarian has dealt a potentially lethal blow to Democrats’ drive to hike the minimum wage, deciding that the cherished progressive goal must fall from a massive COVID-19 relief bill the party is trying to speed through Congress

Hasbro created confusion on Thursday when it removed the gender from its Mr. Potato Head brand, but not from the actual toy

Facebook has announced preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news

Gov. Kate Brown has extended Oregon’s declaration of a state of emergency until May 2 as confirmed COVID-19 cases drop but hundreds of new cases continue to be reported daily

Hong Kong began administering its first COVID-19 vaccines to the public, kicking off its program offering free vaccinations to all 7.5 million residents

Costco will increase its starting wage to $16 an hour, surpassing most of its main competitors at a time when efforts to raise the minimum wage are gaining traction in the U.S. Costco CEO  Craig Jelinek announced the increase Thursday at a Senate Budget Committee hearing, led by Sen. Bernie Sanders, to examine wages at major companies

In Airbnb's first financial report as a public company, the home-sharing site has posted a loss of $3.9 billion for the fourth quarter of 2020

The Senate parliamentarian has dealt a potentially lethal blow to Democrats’ drive to hike the minimum wage, deciding that the cherished progressive goal must fall from a massive COVID-19 relief bill the party is trying to speed through Congress

TikTok’s Chinese parent company ByteDance has agreed to pay $92 million to U.S. users who are part of a class-action lawsuit alleging that the video-sharing app collected their data in violation of a strict Illinois privacy law

The Senate parliamentarian has dealt a potentially lethal blow to Democrats’ drive to hike the minimum wage, deciding that the cherished progressive goal must fall from a massive COVID-19 relief bill the party is trying to speed through Congress

AP sources: Senate parliamentarian deals blow to Dems’ minimum wage hike, says it must be dropped from COVID-19 bill

The head of a major Texas energy corporation says forced blackouts that left 4 million customers without electricity also unplugged plants that could have generated more power as the state’s grid was at the breaking point

On the same day Brazil reached the grim milestone of 250,000 deaths by COVID-19, the country’s health ministry signed a deal with Indian pharmaceutical company Bharat Biotech for the purchase of 20 million doses of the Covaxin vaccine, which is yet to be approved by local regulators

Meal delivery company DoorDash says its revenue more than tripled last year thanks to pandemic-driven demand

A top European court is forcing 33 governments to prove they are cutting emissions in line with the requirements of the 2015 Paris climate accord

The White House is showing a reluctance to pursue a Senate procedural power play if that's what's needed to preserve Democrats’ bid to hike the minimum wage

Boeing is in more trouble with federal regulators

TIAA has named Thasunda Brown Duckett as its its new chief executive officer

U.S. long-term mortgage rates rose this week, but remain near historic lows

Federal prosecutors have accused a Louisiana man of helping steer $15 million in government contracts to a business he had a financial interest in

The Democratic-led House passed a bill that would enshrine LGBTQ protections in the nation’s labor and civil rights laws

More Americans will soon be eligible for unemployment benefits under a directive issued by the Labor Department