Florida Gov. Ron DeSantis suggested that The Walt Disney Co. should be stripped of its “special privileges” in the state following its opposition to the new Parental Rights in Education law, dubbed by detractors as the “Don’t Say Gay” bill. DeSantis appeared to be referring to a 1967 state law that created a special district around Walt Disney World, allowing […]

London (CNN Business)The epicenter of the latest effort to raise money for Ukraine was a bare-bones office above a bakery in north London. Isaac Kamlish, Nathan Cohen and Isaac Bentata — ages 23 to 25 — gathered around their laptops earlier this week and helped launch the first-ever sale of one-of-a-kind digital collectibles by a national government. In 24 hours, […]

The U.S. and the European Union signed an agreement for the supply of liquified natural gas to reduce reliance on Russian supply. Crude oil futures price trading lower on Friday morning in global markets expecting the release of oil reserves from the U.S. and other major allies. Currently, Russia is providing around 40 percent of gas required for the European […]

As India builds its data centre capabilities, it is imperative that it is supported by green energy. This is because data centres are guzzlers of energy. As the number of Internet-connected devices grows in the country and as more and more services are made available on the Net, the need for building digital infrastructure is becoming crucial. And, the foundation […]

Taraji P. Henson was among those appointed to the President’s Board of Advisors on Historically Black Colleges and Universities. Also named to the board was NBA star Chris Paul. The members of the board work to to “increase the capacity of HBCUs to provide the highest-quality education to its students and continue serving as engines of opportunity,” according to the […]

(CNN Business)For the past few years, developer and home builder Estridge Homes could bank on the price quotes it received for asphalt holding steady for at least nine months. That window is now 15 days. For many home builders, supply chain disruptions from the pandemic have meant garage doors are on back order, floor tiles keep getting discontinued mid-construction, and […]

Thursday’s focus will be on durable goods orders and weekly jobless claims reports. The NATO summit in Brussels attended by U.S. President Joe Biden and other prominent leaders might take a stand against the Russian invasion of Ukraine. NATO will also discuss sanctions on Russia, while Washington is planning for export controls on China as the Asian giant is planning […]

The Biden administration is reportedly contemplating a plan to sell off almost a third of America’s Strategic Petroleum Reserve (SPR). The reports have sent oil prices down by about $7.00 a barrel (6.4%) since late Wednesday afternoon. The plan being discussed would add approximately 1 million barrels of oil a day from the SPR, every day for six months, or […]

The government-appointed expert committee, which probes incidents of Ola Electric’s S1 Pro and Okinawa vehicles catching fires, has added the latest case of fire involving PureEV electric scooter to its investigation, a senior government official told Business Standard. “A team comprising experts from Indian Institute of Science (IISC) and Centre for Fire, Explosive and Environment Safety (CFEES) are investigating the […]