Mauna Loa, an active volcano on Hawaii’s Big Island, began erupting in late November for the first time in nearly four decades. There are reports of lava fountains spewing as high as 164 feet into the air. Still, the eruption is not expected to cause any loss of life, nor any lasting impact to infrastructure, besides coating some parts of […]

MNI Indicators released a report on Wednesday showing Chicago-area business activity unexpectedly contracted at an accelerated rate in the month of November. The report showed the Chicago business barometer tumbled to 37.2 in November from 45.2 in October, with a reading below 50 indicating a contraction. The decrease surprised economists, who had expected the Chicago business barometer to inch up […]

David Zaslav, once a well-regarded media executive, faces investors who think the company he runs — Warner Bros. Discovery — is a dumpster fire. It was created when the media assets of WarnerMedia were merged with Discovery, which Zaslav ran. Troubles at competitors Disney and AMC Networks have already cost CEOs their jobs. While Zaslav is likely to keep his […]

The failure of a karaoke bar in RiNo this year was caused not by market forces or the pandemic, its former investors say, but by an owner who wrongfully diverted $1.2 million from it. Voicebox Karaoke opened in a 4,500-square-foot space at 2601 Walnut St. in 2016 and moved out this summer. Voicebox CEO Scott Simon told BusinessDen in March that it was […]

The race for space has got real, and it is attracting funding like never before. In 2022 so far, funding to private players in the space sector has jumped a whopping 61.5 per cent — soaring to $108.52 million compared to $67.2 million in 2021. Propelling it is the government’s decision to open up the space sector to private players […]

A Jet Airways employees’ union has moved court for liquidation amid continued differences between lenders and the Kalrock-Jalan consortium over the revival of the grounded airline. Last month, the consortium had made an application to the National Company Law Tribunal (NCLT) seeking control of the airline. The consortium said it has fulfilled all the conditions according to the plan and […]

European stocks struggled for direction on Wednesday, as investors awaited the release of minutes of the most recent decisions of the Federal Reserve and the European Central Bank for directional cues. Business activity fell across the eurozone for the fifth consecutive month in November, adding to fears of a recession. The eurozone composite PMI rose to 47.8 in November from […]

CBS News medical contributor Dr. David Agus is headlining a new docuseries for Paramount+ in which he will talk with Ashton Kutcher, Amy Schumer, Nick Cannon and other celebrities about some of their personal health struggles. The Checkup with Dr. David Agus will debut its first three episodes on Dec. 6, and the final three will drop on Dec. 12. […]

India is unlikely to join the ongoing negotiations for a plurilateral deal on e-commerce at the World Trade Organization (WTO), notwithstanding a change in stance on data localisation and cross-border flow of data. Under the new draft digital personal data protection (DPDP) Bill, put out on Friday for public consultation, the government has proposed free cross-border flow of data with […]