Category: Business & Markets

Facebook, Instagram to Block News After Canada Adopts Content Fee Law

Meta has announced that it will block access to news on Facebook and Instagram in Canada after the country passed a new law forcing digital platforms to pay content fees to domestic media. The announcement by Meta came shortly after Canada’s Senate passed the “Online News Act,” which forces companies like Facebook and Google to pay…


[PREMIERING 6/24, 7:30PM ET] Dr. Syed Haider: How the Mind Can Fuel Disease, Lifestyle Tools to Fix This, and the Incredible Ivermectin

“People were coming to me and they were, like, begging me, ‘You got to help me. There’s no one else I can find in my state who’s licensed who’s willing to give me ivermectin.’” Since the start of the pandemic, Dr. Syed Haider has prescribed ivermectin to tens of thousands of patients, in many cases…


Closing Prices for Crude Oil, Gold, and Other Commodities (June 23)

Benchmark U.S. crude oil for August delivery fell 35 cents to $69.16 a barrel Friday. Brent crude for August delivery fell 29 cents to $73.85 a barrel. Wholesale gasoline for July delivery fell 3 cents $2.52 a gallon. July heating oil fell 6 cents to $2.41 a gallon. July natural gas rose 12 cents to…


How Major US Stock Indexes Fared June 23

Another drop for stocks helped drag Wall Street to its first losing week in the last six. The S&P 500 closed 0.8 percent lower Friday, pulling back further from last week when it reached its highest level in more than a year. The Dow and the Nasdaq composite also fell. Stock markets abroad also fell…


DOJ Files First-Ever Criminal Charges Against Chinese Fentanyl Makers

The Department of Justice (DOJ) on Friday filed charges against four Chinese chemical manufacturers and eight Chinese nationals, accusing them of crimes related to the production, distribution, and sales of the deadly drug fentanyl. The Justice Department said in a release that it had arrested two individuals and unsealed three indictments in the Southern and…


Supreme Court Sides With Crypto Giant Coinbase in Arbitration Dispute

The Supreme Court agreed with cryptocurrency exchange Coinbase on June 23, ruling 5–4 that customer disputes shouldn’t move forward in the lower courts while appellate courts have yet to rule on the company’s request to divert those cases to arbitration panels. The decision is expected to reinforce the ability of companies to direct customer disputes…


Stock Market Today: Wall Street Falls to Close out Its First Losing Week in the Last 6

NEW YORK—Another drop for stocks on Friday has Wall Street on track to close out its first losing week in the last six. The S&P 500 was 0.7 percent lower in late trading, pulling back further from last week when it reached its highest level in more than a year. The Dow Jones Industrial Average…


Starbucks Shares Tumble Amid LGBT Decor Controversy

Shares of Starbucks tumbled on Friday as a union representing the coffee chain’s baristas said on Friday that over 3,500 workers at over 150 locations would walk off the job next week to protest claims that the company banned some LGBT-themed decorations at some of its cafes. The Starbucks Workers United union said in a…


CDC Panel Divided on Recommending RSV Vaccine for All Older Adults 

The U.S. Centers for Disease Control and Prevention’s (CDC) panel of experts voted on Wednesday against recommending the RSV vaccine for all older adults. Instead, the Advisory Committee on Immunization Practices (ACIP) concluded that anyone aged 60 and older “may” consider receiving a single dose of either Pfizer’s or GSK’s new RSV vaccine and that the…


Coors Light Adamant About Promoting Denver Pride Parade Despite Potential Backlash

Beer maker Coors Light is moving ahead with sponsoring an upcoming pride event despite the possibility of a potential consumer backlash, insisting that the company will support it for “decades to come.” Beer brand Bud Light faced the ire of consumers after using transgender social influencer Dylan Mulvaney in a promotion campaign. The move triggered…