Blog Band - Finance Capitol

How AT&T Helped Build Far-Right One America News

SAN DIEGO, Oct 6 (Reuters) - One America News, the far-right network whose fortunes and viewership rose amid the triumph and tumult of the Trump administration, has flourished with support from a surprising source: AT&T Inc, the world's largest communications company. A Reuters review of court records shows the role AT&T played in creating…

ByJohn Shiffman, ReutersOctober 11, 20210Comments

Health

IBM Mandates All U.S. Employees To Be Fully Vaccinated By Dec. 8

The authorities allowed the churches to apply for COVID restrictions weakening

ByReutersMarch 8, 20200Comments

Financial Updates

WeWork Files For Bankruptcy Protection

Office sharing giant WeWork has filed for Chapter 11 bankruptcy protection, this is a huge fall as the company once valued at $47 million, reports the Associated Press. WeWork announced it reached a restructuring support agreement with a majority of stakeholders to reduce its debt and reassess its commercial office lease portfolio. This move is…

ByFinance Capitol StaffNovember 7, 20230Comments

Financial Updates

Chevron Will Buy Hess For $53 Billion

Chevron will buy Hess Corp. for $53 billion in one of the biggest acquisitions in energy this month, just after Exxon Mobil said it would acquire Pioneer Natural Resources for $60 billion. According to a report by the Associated Press, both deals come as most major producers are seeking investment while oil prices surge amid…

ByFinance Capitol StaffOctober 31, 20230Comments

International

Oil And Food Prices Could Increase If Israel-Hamas War Escalates

The World Bank warned in a new report that oil prices could rise and be pushed to “uncharted waters” if the conflict between Israel and Hamas expands further in the Middle East region. As the fear of an escalation of the conflict rises, the World Bank’s Commodity Markets Outlook presents scenarios where oil and food…

ByFinance Capitol StaffOctober 31, 20230Comments

Business

UAW Reaches A Tentative Agreement With Ford

The United Auto Workers (UAW) union announced on Wednesday that it has secured a tentative contract agreement with Ford, marking a significant step toward ending the nearly six-week-long strikes that have affected Detroit automakers, reports the Associated Press. The four-year contract deal, still pending approval from 57,000 union members at Ford, could bring an end…

ByFinance Capitol StaffOctober 26, 20230Comments

International

X Will Charge $1 To New Users In New Zealand And The Philippines

X/Twitter is now charging a $1 fee to new users in New Zealand and the Philippines to be able to post and interact with tweets. According to the Associated Press, this measure is designed to stop spam and fake accounts. The program, named Not a Bot, will not apply to existing users and it would…

ByFinance Capitol StaffOctober 19, 20230Comments

International

X Will Charge $1 To New Users In New Zealand And The Philippines

X/Twitter is now charging a $1 fee to new users in New Zealand and the Philippines to be able to post and interact with tweets. According to the Associated Press, this measure is designed to stop spam and fake accounts. The program, named Not a Bot, will not apply to existing users and it would…

ByFinance Capitol StaffOctober 19, 20230Comments

International

Australia Fines X $385,000 For Not Addressing Proliferation Of Child Sexual Abuse Content

An Australian safety watchdog has fined X/Twitter with 610,000 Australian dollars ($385,000) for failing to explain how the platform tackled child sexual exploitation, abuse, and extortion content. According to a report by the Associated Press, Australia’s eSafety Commission issued a legal transparency notice to social platforms asking what actions they were taking to address the…

ByFinance Capitol StaffOctober 17, 20230Comments

Business

The Washington Post Will Cut 240 Jobs

The Washington Post has announced that it will reduce its workforce by approximately 240 positions through a voluntary buyout program, reports The Associated Press. Interim CEO Patty Stonesifer sent an email to staff, acknowledging the newspaper's overestimation of growth projections over the past two years and into 2024. The voluntary buyouts will be extended to…

ByFinance Capitol StaffOctober 12, 20230Comments

International

Harvard Professor Claudia Goldin Wins Nobel Prize For Work On Gender Gap

Claudia Goldin, a Harvard professor has won the Nobel economics prize for “for having advanced our understanding of women’s labour market outcomes” and for providing “the first comprehensive account of women’s earnings and labor market participation through the centuries”. Goldin, 77, is the third woman to be awarded with the Nobel and she is the…

ByFinance Capitol StaffOctober 10, 20230Comments

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