What does it take for a CFO to become a CEO?

You’ve probably seen me in your inbox twice this morning. I had the opportunity to write to the CEO of the Daily, filling in the luck CEO Alan Murray. The…

Chinese, Russians may be banned from buying land in SC

South Carolina’s Republican-controlled Senate passed a bill Thursday that would ban citizens of “foreign enemy” countries from purchase state propertyan anti-espionage measure that critics fear will chill overseas investments due…

Ford projects a $3B loss from its EV division by 2023

Ford’s play for the electric vehicle market could be a very expensive bet. The car company said Thursday that its electric vehicle division, called the Ford Model e, will likely…

Utah sets nighttime teen TikTok and Instagram curfew

Utah became the first state Thursday to sign into law legislation that attempts to limit teenagers’ access to social media sites. Signed by Republican Gov. Spencer Cox is a pair…

Tighter credit is the Fed’s new friend in its war against inflation

The Federal Reserve got an unwanted help in its bid to slow the US economy and beat the worst inflation in four decades: a reduction in bank lending. The turmoil…

Disney will pay union workers in Florida $18 an hour

It’s Walt Disney reached a tentative labor agreement with union employees at its Florida theme parks, guaranteeing janitors, ride operators and food-service staff a minimum wage of $18 an hour.…

Important data about the origin of COVID has now been revealed. A scientist evaluates the effect of delay

Again, we are talking about the origin of SARS-CoV-2, the virus that causes COVID-19. First the US Department of Energy review gives more weight to the laboratory leak hypothesis than…

Hip-hop pioneer Chuck D says rap ‘still speaks loudly, culturally’

Hip-hop has become a cultural phenomenon against the backdrop of American history, and now Public Enemy’s Chuck D has committed himself to exploring the origins of the artform. Chuck D…

Yellen tried to reassure banks after the deposit insurance comment

Treasury Secretary Janet Yellen told US lawmakers that regulators may be ready for additional measures to protect the banking system if necessary, a day after she spoke about nationwide deposit…

Banking borrowing from the Fed’s backstop barely works

Banks reduced their borrowings slightly from the Federal Reserve’s two backstop facilities in the latest week, a sign that institutions are taking advantage of the central bank’s liquidity after the…