LeBron James and the NBA have spent years trying to curry favor with China’s communist leaders in hopes of tapping into the country’s lucrative market. And they were no doubt counting on a big release for the new film “Space Jam: A New Legacy” to both make money and spread… Read More
Free money, no questions asked? That’s the idea…
By triggering $1,400 stimulus checks for millions of people and expanding the child tax credit for many families, the pandemic offered a clear takeaway for some officials: That putting tax dollars in people’s pockets is achievable and can be a lifeline to those struggling to get by. Now a growing… Read More
White House seeks public-private cybersecurity partnership
President Joe Biden and members of his national security team plan to meet next month with business executives about cybersecurity, an official said Wednesday. The Aug. 25 meeting comes as the White House is scrambling to help companies protect against ransomware attacks from Russia-based criminal syndicates and as the administration… Read More
Major airline has good news for investors
Southwest Airlines turned a profit in June without assistance from the U.S., which the company is calling a milestone in its recovery from the pandemic. Net income reached $348 million, reversing last year’s loss in the same stretch. Per share profit was 57 cents per share, but it was a… Read More
New security ordered for U.S. pipelines
The Department of Homeland Security on Tuesday announced new requirements for U.S. pipeline operators to bolster cybersecurity following a May ransomware attack that disrupted gas delivery across the East Coast. In a statement, DHS said it would require operators of federally designated critical pipelines to implement “specific mitigation measures” to… Read More
Prince Harry’s latest cash grab: Tell-all book
Prince Harry is writing what his publisher is calling an “intimate and heartfelt memoir.” Random House expects to release the book, currently untitled, late in 2022. Sponsored: Deadliest Drug Ever (are you taking it?) “I’m writing this not as the prince I was born but as the man I have… Read More
Stocks sink in early Monday trading
Stocks fell sharply early Monday as worries sweep from Wall Street to Sydney that the worsening pandemic in hotspots around the world will derail what’s been a strong economic recovery. The S&P 500 was 1.9% lower in morning trading, after setting a record high just a week earlier. In another… Read More
CNBC’s best state for business is… (does this surprise you?)
Business news network CNBC named Virginia this year’s “Top State for Business” on Tuesday, welcome news for Democrats who control state government and are defending their record during a critical election year. Sponsored: How to improve memory in 1 hour (Study Results inside!) With previous wins in 2007, 2009, 2011… Read More
Billionaire Richard Branson first to space on commercial flight
Swashbuckling billionaire Richard Branson hurtled into space aboard his own winged rocket ship Sunday, bringing astro-tourism a step closer to reality and beating out his exceedingly richer rival Jeff Bezos. The nearly 71-year-old Branson and five crewmates from his Virgin Galactic space-tourism company reached an altitude of 53.5 miles (86… Read More
FBI searched for “fabled” lost Civil War gold horde
An FBI agent applied for a federal warrant in 2018 to seize a fabled cache of U.S. government gold he said was “stolen during the Civil War” and hidden in a Pennsylvania cave, saying the state might take the gold for itself if the feds asked for permission, according to… Read More
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