Business
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Andrew Forrest launches post-war recovery fund in Ukraine with $740 million
Andrew Forrest launches post-war recovery fund in Ukraine with $740 million
Ukraine will enter a “golden era” after the current conflict with Russia and will become “without a doubt the fastest growing economy in Europe”, according to an Australian mining billionaire. But Andrew Forrest’s predictions aren’t all rosy — he’s donating a whopping $740 million from his personal fortune to a fund that will help rebuild the nation. The fund announced…
2022 Thanksgiving trips face a snarl of pre-pandemic proportions
2022 Thanksgiving trips face a snarl of pre-pandemic proportions
With airports crowded this year, it shouldn’t come as a huge surprise that Thanksgiving trips will be packed this year. But you might still want to arm yourself if you head out. AAA says 54.6 million people will travel 50 miles or more this year, a 1.5% increase from 2021 and the third-biggest Thanksgiving ever since the group began tracking…
Female play-by-play commentators break through at Qatar World Cup 2022
Female play-by-play commentators break through at Qatar World Cup 2022
Jacqui Oatley will become the first female play-by-play commentator for US World Cup broadcasts and will lead one of Fox’s five broadcast crews for the tournament in Qatar, which opens on Sunday. Pien Meulensteen, Vicki Sparks and Robyn Cowen are among the broadcasters of games on the BBC in the UK. “A lot of people are going to have negative…
Markets fall as Fed’s James Bullard warns rate hikes must be bigger
Markets fall as Fed’s James Bullard warns rate hikes must be bigger
The Federal Reserve may need to raise its benchmark interest rate much more than previously forecast to contain inflation, James Bullard, who heads the Federal Reserve Bank of St. Louis, said on Thursday. Bullard’s comments raised the prospect that Fed rate hikes will make it even more expensive for consumers and businesses to borrow and further increase the risk of…
Sports stadium construction unperturbed by inflation, economic uncertainty
Sports stadium construction unperturbed by inflation, economic uncertainty
The massive grandstand at the closed Arlington International Racecourse casts an eerie shadow as the sun sets on a weekday evening. It rests on a piece of land that could be radically remodeled. With the galloping horses long gone, the Chicago Bears see great opportunity in 326 acres. The Buffalo Bills are also making plans for a new home. The…
Flying home for Thanksgiving? TSA outlines what groceries you can and cannot bring on board
Flying home for Thanksgiving? TSA outlines what groceries you can and cannot bring on board
Unless you’re hosting a Thanksgiving gathering, it’s common practice to bring something, whether it’s to show your gratitude or to relieve the organizer. However, some guests travel long distances for the vacation, and with crowds expected to be near pre-pandemic levels this holiday season, the Transportation Safety Administration is reminding people what they can and can’t take on planes. It’s…
Facebook confirms Donald Trump is still suspended, no plans to lift suspension
Facebook confirms Donald Trump is still suspended, no plans to lift suspension
The social media platform has no plans to restore Trump’s account following the former president’s announcement that he is seeking a second term in the White House, the company confirmed on Wednesday. Trump was kicked off Facebook after the January 6, 2021 attack on the US Capitol. However, Trump may not have to wait long to get back on the…
Parents are missing work in record numbers due to childcare challenges and the ‘triple disease’
Parents are missing work in record numbers due to childcare challenges and the ‘triple disease’
The intersection of a health crisis and a massive shortage of childcare workers is forcing working parents to take unprecedented time off from work. Data from the US Bureau of Labor Statistics shows that the number of working parents out of work due to childcare issues will hit record highs in 2022. Last month, the number of workers absent from…
How long will Elizabeth Holmes be in prison?
How long will Elizabeth Holmes be in prison?
A federal judge on Friday will rule on whether disgraced Theranos CEO Elizabeth Holmes should serve a lengthy prison sentence for deceiving investors and endangering patients while peddling counterfeit blood-testing technology. Holmes’ conviction in the same courtroom in San Jose, California where she was convicted on four counts of investor fraud and conspiracy in January, marks a climax in a…
MPW Next-Gen: The alliance between founders and venture capital
MPW Next-Gen: The alliance between founders and venture capital
For business founders and the venture capitalists who back their businesses, a long-term focus is key, a panel of venture capitalists and entrepreneurs stressed at a wealth conference on Tuesday. The group also shared what they learned from the recent spate of layoffs at startups. Helaina’s founder and CEO, Laura Katz, described that she undertook about 10 meetings to meet…