Business

Senators react after they voted to overturn a Labor Department rule regarding ESG investing for retirement plans.

Senators react after vote to block Biden’s ESG investing rule

After the House and Senate voted to block a Biden administration rule on ESG retirement investing, Biden vowed to veto the legislation.

Biden to use first veto after Congress blocks his ESG investing rule

The White House unveiled a $1.6 billion proposal to recover COVID relief funds stolen via fraud.

Morning rundown: White House targets COVID relief fraud; explosive at PA airport

The Supreme Court will review whether the Consumer Financial Protection Bureau is unconstitutional. The agency was born out of the 2008 financial crisis.

Supreme Court to decide constitutionality of federal consumer watchdog agency

Chicago Mayor Lori Lightfoot lost her reelection bid and the FBI Director released the agency's conclusion on COVID-19 origins.

Morning rundown: Chicago’s mayor loses reelection; FBI’s COVID origins report

Starting March 1, millions of Americans will have less money to buy groceries as emergency SNAP benefits end in 32 states.

32 states will see SNAP benefit reductions starting March 1

Nissan is recalling 809,000 small SUVs because a defect could cause the ignition to shut off while being driven.

Nissan recalls 800,000 SUVs due to key defect

ChatGPT is reaching a new height. It is now helping customers take the edge off by creating its own unique flavor of beer.

AI IPA: Detroit brewery introduces new brew created by ChatGPT

An auto assembly plant manufacturing Jeep Cherokees in northern Illinois is set to close down at the end of the workday Tuesday, Feb. 28.

Illinois plant making Jeep Cherokees idles, production moved to Mexico

The U.S. Labor Department has introduced new measures to crack down on child labor in the wake of an increased investigations.

Labor Department introduces new measures to prevent child labor

The U.S. Marshals Service is investigating a major ransomware attack that has compromised some of its most sensitive information.

Morning rundown: Ransomware attack on U.S. Marshals; federal TikTok ban

Home builders have a powerful tool in their belts to lure buyers and increase home sales: Buying down mortgage rates by up to two points.

New home sales edge out existing as builders buy down mortgage rates

Gov. Ron DeSantis, R-Fla., signed a bill that ends Disney's self-governing power and puts its property under the control of the state.

DeSantis signs bill to end Disney’s self-governing power

The CEO of Union Pacific Railroad, Lance Fritz, announced Sunday that he will be stepping down from the position.

Union Pacific CEO steps down amid hedge fund pressure

The U.S. Department of Energy has assessed that the COVID-19 pandemic most likely came from a laboratory leak in China.

Morning rundown: COVID origins report; tornadoes in central US

The National Advertising Division for the BBB said Coors should discontinue a commercial that said light beer shouldn't taste like water.

Ad board determines Coors shouldn’t say light beer tastes like water

Despite all of the economic tightening by the Federal Reserve to bring down inflation, the opposite happened in January.

Off to a rough start: Inflation climbs in early 2023 in Fed’s preferred gauge

Puffin UK has announced it is to release Roald Dahl books without any changes, the announcement follows major criticism.

Puffin UK to release original versions of Roald Dahl books

Amazon founder Jeff Bezos has reportedly hired an investment firm to evaluate a possible bid for the Washington Commanders football team.

Bezos hires investment firm to consider possible Commanders bid

FTX co-founder Sam Bankman-Fried is now facing 12 charges related to multiple schemes to defraud FTX investors.

FTX founder Sam Bankman-Fried faces 4 new charges

Today marks one year since the Russia-Ukraine war began. A new $2 billion support package is on its way to Ukraine from the U.S.

Morning rundown: One year of war in Ukraine; China calls for ceasefire

Entrepreneur Vivek Ramaswamy is running for president. Here's how other execs fared who made runs for the White House in Five For Friday.

Vivek Ramaswamy follows these 5 business execs in running for president

With $39 billion in manufacturing grants up for grabs, the race is on to get a piece of the CHIPS and Science Act. Applications open Tuesday.

Samsung, Intel, TSMC battle for $39B in CHIPS Act taxpayer pie

A food sanitation company has paid $1.5 million in penalties after The Department of Labor found it illegally employed over 100 children.

Company pays $1.5M for violating child labor laws in meat processing facilities