business news

Banks earn $650 million in fees and stock gains from IPO flurry

Traders work during the IPO for Chinese ride-hailing company Didi Global Inc on the New York Stock Exchange (NYSE) floor in New York City, U.S., June 30, 2021.Brendan McDermid | ReutersFrom Krispy Kreme to China's Didi Chuxing, the busiest...

Okta CEO Todd McKinnon fought employee burnout by asking vacation plans

Todd McKinnon, chief executive officer and co-founder of Okta Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019.Michael Short | Bloomberg | Getty ImagesAs CEO of a...

Elsa no longer hurricane, Miami-Dade preparing as condo collapse search continues

Probability of storm force winds from Hurricane ElsaSource: NOAAElsa weakened to a tropical storm force but continued to plow toward Haiti and the Dominican Republic on Saturday, a day after making landfall on the Caribbean island nations of Barbados...

At least 24 dead in Florida condo collapse, demolition as early as Sunday

Search and rescue personnel work at the site of a collapsed Florida condominium complex in Surfside, Miami, U.S., in this handout image July 2, 2021.MIAMI DADE FIRE DEPARTMENT | via REUTERSAuthorities in Florida have accelerated plans to demolish...

ESG scope could change in 2021. What two market analysts see ahead

It could be a pivotal year for environmental, social and governance-related investments.Securities and Exchange Commission Chairman Gary Gensler turned his attention to ESG in a recent statement, saying he asked staff to research an array of climate and workplace-related...

Space tourism market has ‘room for 20’ companies

Sir Richard Branson may be trying to be first in the billionaire space race, but he believes there is plenty of opportunity in the market for companies like Virgin Galactic, Jeff Bezos' Blue Origin, or Elon Musk's SpaceX."There's room...

TSA screenings surpass 2019 levels in pandemic first

Travelers wait in line at a Transportation Security Administration (TSA) screening checkpoint at Orlando International Airport in May, 2021.Paul Hennessy | SOPA Images | LightRocket | Getty ImagesThe Transportation Security Administration said Friday that airport screenings have climbed above...

300+ Residents Of North Miami Beach Condo Evacuated After Structure Deemed Unsafe

North Miami Beach city sign. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images)Jeff Greenberg | Universal Images Group | Getty ImagesA condo building in North Miami Beach has been closed and residents are being evacuated Friday after an...

Trump lawyer Michael Cohen moves to sue U.S. over prison return and book

Michael Cohen exits the Manhattan district attorney’s office on March 19, 2021 in New York City.Michael M. Santiago | Getty ImagesMichael Cohen, the former personal lawyer and fixer for ex-President Donald Trump, has moved to sue the U.S. government...

Hurricane winds could make Surfside building structure collapse further, structural engineer warns

The potential impact of hurricane winds on the search-and-rescue operations at the collapsed Surfside, Florida condominium could make the building structure collapse further, structural engineer Richard Slider warned Friday."These systems or the concrete columns and slabs that are there...
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The Fall of the ‘Sun King’ of French TV, and the Myth of Seduction

Patrick Poivre d’Arvor, known as a great seducer, has been accused by more than 20 women of rape, sexual assault and harassment in France’s belated #MeToo reckoning.
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