Business Archives - Page 10 of 45

Fox News Executive Alan Komissaroff Died at 47 after Heart Attack, Network Confirms

Alan Komissaroff, senior vice president of news and politics at Fox News Media, died at 47 years old after suffering a heart attack, the network has confirmed. Komissaroff died on January 20, two weeks after suffering a heart attack, Fox revealed in a statement. “This is an extremely difficult day…

Abbott Labs Under Criminal Investigation over Baby Formula Shortage, Company Says

Major baby formula company Abbott Labs is under criminal investigation by U.S. authorities over its conduct related to the formula shortage, according to reports. The U.S. Department of Justice (DOJ) is probing the matter, a spokesperson for the company told news outlets. “DOJ has informed us of its investigation and…

Netflix Warns Crackdown on Password-Sharing Will Expand, Says It ‘Undermines’ Business

Netflix has warned customers that it is expanding its crackdown on accounts that share their passwords with friends and family. The streaming company issued a notice to Netflix customers about accounts that are sharing passwords between several households. The warning comes as Netflix it rolls out paid sharing “more broadly”…

Maine Joins 28 U.S States by Banning TikTok from Government Devices

Maine has become the latest state to ban the Chinese Communist Party-linked app TikTok from state-owned devices that connect to the government network. The video-sharing app is owned and operated by ByteDance. ByteDance is a Chinese company that moved its headquarters to Singapore in 2020. More than 28 U.S. states…

Moving House in the Dead of Winter Is Best Time for Bargains, New Study Finds

A new study has found that moving house in the dead of winter has its advantages because it's a good time to find bargains. For those living in colder states, heading out in the freezing cold and looking for a new apartment doesn't seem like the best time to hunt…

Elon Musk Mocks Global Elites Gathering for World Economic Forum in Davos

Twitter CEO Elon Musk took to his newly acquired social media platform to mock the global elites flocking to Davos, Switzerland this week for the World Economic Forum's annual gathering. Over the weekend, Musk a series of quips aimed at Klaus Schwab's World Economic Forum (WEF). The globalist WEF’s annual…

Economists Warn Americans: ‘Don’t Be Fooled’ – Severe Recession Is Coming

Two top economists have warned Americans not to "be fooled" by positive economic reports because a severe recession is coming. Lakshman Achuthan and Anirvan Banerji, the co-founders of the Economic Cycle Research Institute, said that despite contrary predictions, a recession will likely hit the United States "this year." “Some economists…

WEF Elites: ‘Cost-of-Living Crisis’ Is World’s Top Risk in Past Two Years

Global elites attending this year's World Economic Forum (WEF) annual meeting in Davos, Switzerland view the "cost-of-living crisis" as the top issue facing society in the past two years. The WEF has now replaced “extreme weather” with “cost-of-living crisis” to become the world’s most immediate and serious issue. Klaus Schwab…

Recession Fears Increase, despite Major Banks Beating Earnings Forecasts

Recession fears are beginning to mount in the United States, despite most major American banks beating their earnings forecasts. JPMorgan Chase, Bank of America, Citigroup, and asset management giant BlackRock all reported positive forecasts on Friday. However, the positive news still left many investors disappointed. As higher interest rates boosted…

Australia and Papua New Guinea Agree to Bilateral Security Treaty to Secure Region

Australia and its closest geographical neighbor Papua New Guinea (PNG) have agreed to a historic Bilateral Security Treaty (BST). The move entwines both countries to each other and helps better secure the region. The union comes amid increasing aggression from China in recent years. Australian Prime Minister Anthony Albanese and…