Tuesday, October 26, 2021
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Business

Business

US aid to renters picked up to $2.8 billion in September

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State and local governments picked up the pace of distributing emergency rental assistance funds in September amid a push from the Biden administration to accelerate payments to households.

Hertz orders 100,000 Teslas in car-rental industry shake-up

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Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet.

The Facebook papers: Social network shaken by content, user woe

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Facebook has been struggling to attract younger users for more than a decade, and some senior employees are alarmed over the company’s inability to keep teens engaged.

Commentary: This coal plan offers only half a solution

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The Asian Development Bank and a handful of financial institutions will take an ambitious proposal to end Southeast Asia’s coal addiction to the COP26 climate talks.

Meet the Mexican dealmaker in Shanghai behind Trump’s SPAC deal

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A Mexican dealmaker in China was one of the key architects behind former President Donald Trump’s deal with a special purpose acquisition company.

Yellen expects high inflation through mid-2022 before easing

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Treasury Secretary Janet Yellen said she expects price increases to remain high through the first half of 2022, but rejected criticism that the U.S. risks losing control of inflation.

In just 21 days, Facebook led new India user to gore, fake news

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In February 2019, Facebook Inc. set up a test account in India to determine how its own algorithms affect what people see in one of its fastest growing and most important overseas markets. The results stunned the company’s own staff.

World’s biggest oil exporter commits to net-zero emissions

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Saudi Arabia has pledged to eliminate planet-warming emissions within its borders by 2060.

Biden’s trimmed paid leave plan lags rest of world by months

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Democrats’ latest paid family and medical leave proposal would offer workers four weeks annually — significantly lowering the promised benefits and leaving the U.S. lagging much of the world in guaranteed paid time off.

Facebook faulted by staff over Jan. 6 insurrection: ‘Abdication’

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As rioters breached barricades and bludgeoned police with flagpoles before storming the U.S. Capitol on Jan. 6, some employees at Facebook Inc. took to an internal discussion board to express shock and outrage.

Citi becomes first Wall Street bank to agree to racial audit

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Citigroup Inc. became the first Wall Street bank to agree to do a deep dive into its business to see if, and how, it contributes to racial discrimination.

Auto review: Last of the breed, best of the breed. Cadillac CT4-V and CT5-V...

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The trouble with straightaways is they have to end.

Google takes up to 42% from ads, states say in antitrust case

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Google takes up to 42% of the money paid for digital ads published online, according to a newly unsealed court filing by states that claim the search and advertising giant abuses its monopoly power in online advertising to limit competition and harm consumers.

US posts $2.77 trillion budget gap, second-biggest ever

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The U.S. posted the second-largest annual budget deficit on record for 2021 as pandemic-relief spending sustained the federal government’s massive borrowing needs.

Think everything’s expensive now? Get ready for what’s next

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Consumers around the world are about to get socked with even higher prices on everyday items, companies from food giant Unilever Plc to lubricant maker WD-40 Co. warned this week as they grapple with supply difficulties.

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In just 21 days, Facebook led new India user to gore,...

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In February 2019, Facebook Inc. set up a test account in India to determine how its own algorithms affect what people see in one of its fastest growing and most important overseas markets. The results stunned the company’s own staff.
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