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American imports from China are surging as the year draws to a close, fueled by stay-at-home shoppers who are snapping up Chinese-made furniture and appliances, along with Barbie Dream Houses and bicycles for the holidays. The surge in imports is...
With the economic recovery faltering and federal aid stalled in Washington, state governments are stepping in to try to help small businesses survive the pandemic winter. The Colorado legislature held a special session last week to pass an economic aid...
Beauty salons have been greatly affected by this year's pandemic. With the first Covid-19 vaccines now being administered, we speak to six industry professionals about how they have coped with 2020, and their hopes for the future. Elizabeth Chandler says...
DoorDash’s much anticipated IPO Wednesday exceeded expectations and most certainly turned heads, generating a nearly 80% gain on volume within its first few hours. The company’s expectations were high to begin with. This year’s Covid-19 crisis has shifted consumer behaviors...
Facebook is facing two separate lawsuits in the US which accuse it of abusing its power and demand that it sells off WhatsApp and Instagram. The US Federal Trade Commission (FTC) and a coalition of US states are suing the...
Hopin, a virtual events start-up in London, had seven employees and was valued at $38 million at the beginning of the year. Johnny Boufarhat, the company’s chief executive, wasn’t planning on raising more money. But as the pandemic spread and...
Credit card giant Visa today announced it is connecting its global payments network of 60 million merchants to the U.S. Dollar Coin (USDC) developed by Circle Internet Financial on the ethereum blockchain. The digital currency is now valued at...
For years, the cybersecurity firm FireEye has been the first call for government agencies and companies around the world who have been hacked by the most sophisticated attackers, or fear they might be. Now it looks like the hackers — in this...
Uber, which spent hundreds of millions of dollars on a self-driving car project that executives once believed was a key to becoming profitable, is handing the autonomous vehicle effort over to a Silicon Valley start-up, the companies said on...
The season is adding pressure on retailers, strained by a pandemic surge in e-commerce and limited by shippers, to deliver gifts on time. E-commerce became a lifeline for consumers and companies during the pandemic. But this holiday season, online shopping will strain the...
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