BUSINESS

Cryptocurrency Is Blocked in China 

Late September, China’s regulators- Central Bank declared all cryptocurrency-related transactions are illegal in the country. They must be banned,… Read more

Mark Zuckerberg wants to create a “Metaverse Company”

Trying to revamp Facebook from the leaked information of the whistleblower, Frances Haugen, a former product manager on the civic integrity team at… Read more

Nasdaq Proposes Board-Diversity Rule for Listed Companies

Nasdaq Inc. aims to require listed companies to include women and people of diverse racial identities or sexual orientation on their boards, a move… Read more

Stocks move mostly lower even as Nasdaq edges toward record

Stocks are mostly lower on Wall Street in afternoon trading Wednesday, giving back some of their gains from a record-setting climb a day earlier. 

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Princess Cruises cancels weeklong (and longer) US voyages through November 2021

The cruise industry’s coronavirus shutdown is growing longer. 

Princess Cruises announced on Friday that it’s extending its pause in operations… Read more

Starbucks raises wages for its baristas as restaurants brace for minimum wage hike

Starting Dec. 14, baristas, shift supervisors and cafe attendants will receive a pay increase of at least 10% if they were hired before Sept. 24, according… Read more

Francesca’s will close 140 stores, may file for bankruptcy

KEY POINTS

Francesca’s said it will permanently close about 140 stores by the end of January. The apparel and accessories retailer warned that… Read more