Tag Archives: business

WASHINGTON (AP) — President Joe Biden has picked a former Obama administration official to run the Centers for Medicare and Medicaid Services. The agency oversees government health insurance programs covering more than 1 out of 3 Americans and is a linchpin of the health care system. If confirmed by the …

The world has never been more indebted after a year of battling Covid-19. And there’s even more borrowing ahead. Governments, companies and households raised $24 trillion last year to offset the pandemic’s economic toll, bringing the global debt total to an all-time high of $281 trillion by the end of …

Photographer: Hollie Adams/Bloomberg Photographer: Hollie Adams/Bloomberg U.K. inflation unexpectedly accelerated in January, in what economists say is the first step toward a significant increase that could bring the rate close to the Bank of England 2% target later this year. Prices climbed 0.7% from a year earlier, boosted by the …

“Post-Brexit border disruption”, and rising demand as Covid-19 restrictions are eased, will both push up prices, he explains, along with a looming energy … Source link

CHICAGO (AP) — The newspaper publisher Tribune has agreed to be sold to Alden Global Capital, a hedge fund known for cutting costs and eliminating newsroom jobs, in a deal valued at $630 million. Tribune Publishing Co., which owns the Chicago Tribune, the New York Daily News, the Baltimore Sun …

A sign on the door of a local business in McKinney, Texas, on Feb. 16. Photographer: Cooper Neill/Bloomberg Photographer: Cooper Neill/Bloomberg It’s not easy putting a number on what is undoubtedly the largest forced blackout in U.S. history. If you take the Texas power grid operator’s word for it, the …

Marriott Chief Executive Arne Sorenson, who grew the company into the world’s largest hotel chain and steered it through a global pandemic that has been catastrophic for the travel industry, has died. He was 62. Sorenson reduced his schedule at Marriott this month to pursue a more aggressive cancer treatment. …

Driven by advances in tech and the advent of high-speed internet connections, many of us now have easy access to a raft of information about the buildings we live in. Thanks to the proliferation of hardware and software within the home, this trend shows no sign of letting up and …

Concerned about COVID-19? Sign up now to get the most recent coronavirus headlines and other important local and national news sent to your email … Source link

LONDON (AP) — Britain’s newly established quarantine hotels received their first guests on Monday as the government tries to prevent new coronavirus variants from derailing a fast-moving vaccination drive that has delivered more than 15 million shots in ten weeks. Passengers arriving at London’s Heathrow Airport were escorted by security …