BUSINESS
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Nursing homes are now facing a COVID resurgence, and a staffing shortage will only make it worse
Kathy Pacheco’s photographs tell the story of her husband’s life in a Philadelphia nursing home. In one photo, Joe Pacheco…
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Dow, S&P 500, Nasdaq close lower in weekly slump on ‘quad witching’ and weak consumer sentiment
U.S. stock indexes closed lower Friday, slumping for the week, as bearish momentum gathered steam after a reading on consumer…
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SpaceX’s Inspiration4 crew speaks from orbit, with return slated for Saturday
[This webcast has ended. A replay is available above.] SpaceX broadcast a livestream from orbit on Friday, with the crew…
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U.S. consumer sentiment mired at near decade lows, University of Michigan Survey finds
The numbers: The University of Michigan’s gauge of consumer sentiment rebounded slightly to a preliminary September reading of 71 from…
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These photos show SpaceX’s civilian Inspiration4 crew taking in the view from the massive window in orbit
The first look at the crew in orbit, from left: Jared Isaacman, Hayley Arceneaux, Chris Sembroski, Sian Proctor. Inspiration4 Inspiration4,…
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Investors are in a historically rotten mood. Their three biggest fears are overblown, strategist says.
The American Association of Individual Investors has been tracking retail sentiment since 1987, and this week, wow has that mood…
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Investec building out team of financial institutions dealmakers with Lewin hire
Mid-market focused investment bank, Investec, is building out its team of dealmakers focused on financial institutions, and has hired a…
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Job hunters are putting their vaccination status on LinkedIn and résumés. Should you do the same?
As someone who’s been working in the recruiting and talent acquisition industry for two decades, Dustin Mazanowski knows how important…
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Climate migration is already happening — for homeowners who can afford it
Christy Gentry and her husband have been dealing with California’s wildfires for the past four years. In 2017, the couple…
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Retail sales surge in August despite spread of delta and signal economy is still strong
The numbers: Sales at U.S. retail stores rose sharply in August in sign that Americans continued to spends gobs of…
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Broadway is back — are high ticket prices, too?
Even after an 18-month pause, the show must go on. Several Broadway productions are reopening this month, a crucial step…
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SpaceX is set to launch four nonprofessional astronauts to orbit: Here’s what you should know
The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John…
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Wall Street sees as much as 70% upside for these highly rated energy stocks in rally mode
Some investors might feel guilty about making money on fossil fuels, but the table appears set for more gains in…
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Climate change, logging collide — and a forest shrinks
CUSTER CITY, S.D. (AP) — Looking down a hillside dotted with large stumps and nearly devoid of trees, a pair…
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PwC’s working class employees paid 12% less than peers
Big Four audit firm PwC UK has said that 14% of its staff come from working class backgrounds and tend…
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U.S. stocks end lower, with Dow down nearly 300 points as lift from inflation reprieve fades
U.S. stocks ended lower Tuesday, giving up early gains inspired by a softer-than-expected August inflation reading, as investors fretted that…
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House Democrats want tax hikes that are ‘a little less aggressive’ than those proposed by President Biden
Democrats want wealthy Americans and corporations to pay higher taxes in order to help finance a $3.5 trillion budget that…
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Abrdn rebrand under fire again as investors call it ‘act of corporate insanity’
FTSE 100 fund management group abrdn has once again found itself on the receiving end of scrutiny over its recent…
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An Audience With Lord Grimstone: Luring investment post-Brexit is a ‘globally competitive sport’
“I always chuckle when I’m referred to as a City grandee,” Lord Gerry Grimstone says. But if anyone merits the…
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M&A boutique alliance can take on Big Four, ex-KPMG exec says
Deal boutiques led by former senior EY and KPMG partners in the UK, US, France and Germany have struck an…
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JPMorgan’s 50,000 applicants show grads still love banking: ‘Damaging headlines have not put students off’
The world’s largest investment banks have seen a surge in applications from younger candidates, showing the enduring popularity of the…
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Oil-rich Norway goes to polls with climate on the agenda
STAVANGER, Norway (AP) — North Sea oil and gas has helped make Norway one of the wealthiest countries in the…
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How To Become An Impact Leader
Becoming an Impact Leader, specially one focused on Sustainable & Impact Investing, is paramount for everyone in the financial services…
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While the hard-seltzer category sees declines, Bud Light launches pumpkin spice and toasted marshmallow varieties
The can Bud Light Seltzer Fall Flannel Pack, price varies by market but typically around $16-$18 The back story Has…
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Oil-soaked birds found near oil spill at refinery after Ida
WASHINGTON (AP) — Louisiana wildlife officials say they have documented more than 100 oil-soaked birds after crude oil spilled from…
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FDA delays decision on e-cigarettes from vaping giant Juul
WASHINGTON (AP) — Federal health officials on Thursday delayed a high-stakes decision on whether to permit bestselling vaping brand Juul…
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Madagascar: How Climate Change Contributed to Madagascar’s Food Crisis
The UN has announced that Madagascar is on the brink of experiencing the world’s first “climate change famine”. Tens of…
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Goldman poaches ex-McKinsey boss to bolster Asia business
Goldman Sachs has named Kevin Sneader to help run its operations in Asia, months after he was voted out as the leader of…
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KPMG UK targets a third of partners from working class backgrounds
Big Four accountancy firm KPMG UK is aiming to have nearly a third of its partners and senior staff come from…
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Report: Solar could power 40% of US electricity by 2035
WASHINGTON (AP) — Solar energy has the potential to supply up to 40% of the nation’s electricity within 15 years…
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Rocket Lab signs five-launch deal with European Internet of Things satellite company Kinéis
An Electron rocket gets ready to launch. Rocket Lab Rocket Lab signed a five-launch contract with European satellite data company…
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Virginia removes Confederate General Robert E. Lee statue from its pedestal
RICHMOND, Va. (AP) — A crowd erupted in cheers and song Wednesday as workers hoisted one of the nation’s largest…
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Khosla Ventures $28 million investment in Rocket Lab is now worth about $1.7 billion
The company rings the Nasdaq bell from its headquarters on Aug. 25, 2021. Rocket Lab Khosla Ventures, the Silicon Valley…
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Lawmakers: Ida damage shows need for infrastructure upgrades
WASHINGTON (AP) — Shaken by haunting images of surging rivers, flooded roads and subways and other damage caused by the…
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UN climate chief: No country is safe from global warming
ROTTERDAM, Netherlands (AP) — The U.N.’s top climate official urged governments Monday to stop their “deferral and delay” tactics and…
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Industry group backs global carbon price for large ships
BERLIN (AP) — A major maritime industry association on Monday backed plans for a global surcharge on carbon emissions from…
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Greece creates climate crisis ministry after huge wildfires
ATHENS, Greece (AP) — Greece’s center-right government has created a new ministry to address the impact of climate change and…
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Facebook, Twitter, TikTok need to ‘do the right thing’, says FCA
Tech giants Facebook, Microsoft, Twitter and TikTok need to “do the right thing” when it comes to promotions and advertisements for…
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Cleanup boats on scene of large Gulf oil spill following Ida
WASHINGTON (AP) — The U.S. Coast Guard said Saturday that cleanup crews are responding to a sizable oil spill in…
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Watchdog accuses KPMG of providing false information during Carillion, Regenersis audit inspections
The UK’s accounting regulator has hit KPMG, a former partner and certain current and former employees, with a disciplinary formal complaint…
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Feds responding to reports of oil, chemical spills after Ida
WASHINGTON (AP) — Federal and state agencies say they are responding to reports of oil and chemical spills resulting from…
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S&P 500, Nasdaq Composite book fresh closing records ahead of Friday jobs report
The S&P 500 index and the Nasdaq Composite ended at fresh records Thursday, after data showed weekly jobless benefit claims…
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UN: Weather disasters soar in numbers, cost, but deaths fall
GENEVA (AP) — Weather disasters are striking the world four to five times more often and causing seven times more…
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Weather slows California wildfire, but flames keep moving
SOUTH LAKE TAHOE, Calif. (AP) — Favorable weather helped firefighters trying to save communities on the south end of Lake…
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Pennsylvania’s carbon-pricing plan at last regulatory hurdle
1 of 2 FILE—In this file photo from June 10, 2021, a flume of emissions flow from a stack at…
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30 stocks that shined in the pandemic are still poised for huge growth through 2024
“Sell on the good news.” How many times have you heard that term used? It happens frequently when a company…
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Social Security to become unable to pay full benefits sooner than previously estimated
Social Security’s trust funds will become unable to pay full benefits starting in 2034, one year earlier than estimated last…
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Consumer confidence in the U.S. sinks to 6-month low on delta anxiety
The numbers: Confidence in the U.S. economy sank in August to a six-month low owing to the rapid spread of…
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Wildfire evacuees flood Lake Tahoe roads in rush to flee
SOUTH LAKE TAHOE, Calif. (AP) — A popular vacation haven normally filled with tens of thousands of summer tourists was…
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If you’ve got the stock market jitters, here are 20 companies in two defensive sectors
When investors expect economic growth to slow, interest in defensive sectors — health care and utilities — tends to perk…
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