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Pain at the pump: Biden admits ‘I don’t have a near-term answer’ for high gas prices – New York Post

22 Oct Business

President Biden admitted during a town hall Thursday night that he has no immediate solution to the problem of…

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Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct – The Wall Street Journal

22 Oct Business

The payout is the largest ever by the Commodity Futures Trading Commission

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General Motors unveils new high-end GMC Sierra Denali and AT4X pickups – CNBC

22 Oct Business

The new GMC models aim to build upon the Sierra’s already high profit margins and average transaction prices, which…

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New documents detail conflicts of interest DeJoy faced as post office head – NBC News

21 Oct Business

Though the Post Office says DeJoy followed the guidelines set by the agency’s ethics office, a government watchdog group…

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American Airlines posts profit thanks to federal aid, revenue improves – CNBC

21 Oct Business

For the fourth-quarter American expects its revenue to be down about 20% from 2019.

Elon Musk’s Boring Company gets OK for Las Vegas underground tunnel project – Fox Business

21 Oct Business

Billionaire entrepreneur Elon Musk’s vision for underground transit has received a green light in Las Vegas.

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IBM shares drop on weaker-than-expected quarterly revenue – CNBC

20 Oct Business

IBM expects to spin out its managed infrastructure services unit early next month, CEO Arvind Krishna said in a…

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In-N-Out Burger in San Francisco closes indoor dining over vaccine mandate – NPR

20 Oct Business

San Francisco’s only In-N-Out location still hasn’t reopened for indoor dining. The restaurant violated public health requirements…

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Morocco bans UK flights due to Covid cases rising – BBC News

20 Oct Business

Several airlines have been told by the Moroccan government that flights will be suspended.

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Theranos boasted of ‘highest levels of accuracy’ in mailings to Rupert Murdoch and other investors – CNBC

19 Oct Business

Daniel Edlin, a former Theranos project manager, testified in Elizabeth Holmes’ trial about presentations made to investors including…

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