Depending on how one views it, Florida Gov.Ron DeSantis’s (R) successful effort to eliminate special tax exemptions for Walt Disney Co.is either an unjustified reprisal against a corporation’s free speech or a legitimate exercise in power politics.More broadly, however, it heralds an unavoidable political development: the sundering of the over-150-year […]
Business Technology
Business Technology
At least 188,000 workers in Russia are still being paid by big Western companies, analysis finds
At least 188,000 workers in Russia remain on the payrolls of big Western companies, an FT analysis found.Scores of Western multinationals say they pulled out of Russia after the Ukraine war began.The FT said some companies didn’t confirm whether or not they were still paying staff in Russia.Sign up for […]
Carvana stock claws back despite ‘uniquely difficult environment’ that hit earnings
Shares of Carvana Co.were bouncing back in after-hours trading Wednesday after the used-car retailer admitted that both industry-wide and company-specific issues impacted its business in the first quarter but said that it had plans to address its challenges.Carvana [CVNA, -9.11%](/investing/stock/CVNA?mod=MW_story_quote) noted in its letter to shareholders that the omicron variant […]
Shanghai official COVID death toll hits 25 | ABS-CBN News
A man in protective gear rides a bicycle on the street in Shanghai, China, April 21, 2022.On April 20, the Jinshan and Chongming Shanghai suburban districts achieved the dynamic zero-COVID-19 goal.The number of cases has been trending downward over the past few days in other suburban districts.Meanwhile, some urban districts, […]
Rudy Giuliani revealed as “Masked Singer” contestant, judge Ken Jeong walks off set
Viewers of “The Masked Singer,” may have already seen some spoilers about Wednesday night’s episode, when a controversial contestant, long rumored to be on the show, was eliminated.Rudy Giuliani was revealed as a contestant, and his final performance prompted judge Ken Jeong to walk off the stage, Entertainment Tonight reports. […]
Russia juggles soaring inflation and sinking growth as sanctions bite
Russian central bankers face the difficult task of balancing consumer stockpiling, supply shocks and a predicted slowdown in spending as tough international sanctions try to bring the Russian economy to its knees.Russian inflation reached an annual 16.7% in March, but the central bank cut its main interest rate from 20% […]
A growing number of Kremlin insiders are questioning Putin’s war in Ukraine, and believe it will set Russia back decades: report
A number of high ranking Kremlin insiders have growing concerns about Putin’s war in Ukraine.10 insiders told Bloomberg of their concerns about the economic and political impact of the invasion.They also share fears of US intelligence that the Russian president could turn to nuclear weapons.Sign up for our weekday newsletter, […]
Pandemic lockdowns boosted trend to use less make-up – BBC News
Lockdown unlocks confidence to go make-up free By Rebecca Wearn Business reporter, BBC News Published 1 minute Related Topics Coronavirus pandemic Image caption, Charlie uses fewer cosmetics than she used to “Before, you wouldn’t have caught me picking up a pint of milk without my face on,” says Charlie, who […]
Inside Roman Abramovich’s rise from college dropout and Red Army conscript to rubber-duck trader, billionaire oligarch, and wartime peace envoy
Roman Abramovich is Russia’s most recognizable oligarch.He’s come to the forefront in recent weeks for his role in peace talks between Russia and Ukraine.Here Insider charts his rise from college dropout to billionaire oligarch and wartime peace envoy.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]
George Floyd’s lawyer: Wells Fargo is “killing Black homeowners opportunities” – CBS News
Wells Fargo & Co.is again facing scrutiny and lawsuits over loan practices involving Black borrowers. Wells Fargo — the largest mortgage lender among U.S.banks — is currently looking at a possible class-action lawsuit as well as criticism from Capitol Hill over claims it denied Black people a shot at homeownership. […]