Dec 01 Supreme Court hears Nestle, Cargill alleged human rights abuses case By Jessica Gresko, Associated Press If the court were to accept Nestle and Cargill's arguments, that could further limit the ability of victims of human rights abuses abroad to use U.S. courts to sue. Continue reading
Dec 01 WATCH: Mnuchin defends shut down of Fed emergency loan programs By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin is defending his decision to close down a number of emergency Federal Reserve loan programs at a time when coronavirus cases are surging. Continue reading
Dec 01 Nasdaq seeks mandatory board diversity for listed companies By Michelle Chapman, Associated Press Nasdaq is seeking U.S. authority to require more diversity in the board rooms of Nasdaq-listed companies. Continue reading
Dec 01 Glimmers of hope for world economy, but dangers lurk By Jeffrey Schaeffer, Alex Turnbull, Associated Press The Organization for Economic Cooperation and Development predicted Tuesday that the world economy will bounce back to its pre-pandemic levels by the end of next year, but that recovery will be uneven across the countries. Continue reading
Nov 30 Powell: Economic recovery ‘unlikely until people are confident’ in safety from virus By Martin Crutsinger, Associated Press In remarks released by the Fed on Monday, Powell said that the increase in new COVID-19 cases both in the United States and abroad was "concerning and could prove challenging for the next few months. Continue reading
Nov 30 Biden announces senior economic team and plans to nominate Janet Yellen By Aamer Madhani, Zeke Miller, Associated Press In a statement, Biden said he would nominate Janet Yellen, the former Federal Reserve chair, to lead the Treasury Department, and former Clinton and Obama adviser Neera Tanden to serve as director of the Office of Management and Budget. Continue reading
Nov 28 Tony Hsieh, retired Zappos CEO, dies at 46 By Associated Press Hsieh was with family when he died Friday, according to DTP Companies, which he founded. He died of injuries suffered in a Nov. 18 fire in New London, Connecticut, Downtown Partnership spokesperson Megan Fazio told Hearst Connecticut Media on Saturday. Continue reading
Nov 27 Virus keeps Black Friday crowds thin as shoppers shift online By Associated Press The raging coronavirus pandemic kept crowds thin at malls and stores across the country on Black Friday, but a surge in online shopping offered a beacon of hope for struggling retailers after months of slumping sales and businesses toppling into… Continue reading
Nov 25 UN report: Israel’s blockade has devastated Gaza economy By Josef Federman, Associated Press The findings, looking at an 11-year period ending in 2018, marked perhaps the most detailed analysis of the Israeli policy to date. Continue reading
Nov 25 How deteriorating schools fuel the inequality crisis amid COVID-19 By Meredith Kolodner and Bracey Harris, Neal Morton, The Hechinger Report The rampant spread of the coronavirus has exposed a crisis of crumbling and dilapidated school buildings brought on by decades of underfunding and neglect. Continue reading