Stripe raises $600 million, company valued at $95 billion
The online payment company Stripe continues to attract investors, raising $600 million in funding to reach a whopping company valuation of $95 billion. Stripe is…
AP Wire
Tussle between US, allies over vaccine supply escalates
BRUSSELS — Millions of coronavirus vaccine doses are in cold storage in the U.S. that can’t be injected in the states because they are not…
German IT safety chief: act on Exchange hack or go offline
BERLIN — The head of Germany’s cybersecurity agency warned IT system administrators today to swiftly patch known holes in Microsoft Exchange servers or take those…
Ant Group CEO resigns for personal reasons
The CEO of Ant Group, the world’s biggest financial technology company, has resigned from the company due to personal reasons. Ant Group thanked Simon Hu…
Spiking energy leads wholesale prices up 0.5% in February
WASHINGTON (AP) — Energy prices continued to rocket higher in February, though overall wholesale prices moderated after a record jump in January. The Labor Department’s…
Wholesale prices rise 0.5% in February as energy costs jump
WASHINGTON — Rising wholesale prices moderated a bit in February after a record jump in January, with both months beset by rising energy prices. The…
UK trade with EU plunges after Brexit, hurting economy
LONDON — U.K. trade with the European Union plunged in January as Britain’s departure from the bloc and widespread coronavirus restrictions dealt a double blow…
Job openings rise, layoffs fall as pandemic economy mends
WASHINGTON — Companies posted more open jobs in January while layoffs decreased as the economy heals slowly from the pandemic. There were 6.9 million jobs…
MGM offering special sport bets at Buffalo Wild Wings; Iowa included
ATLANTIC CITY, N.J. — BetMGM is offering special sports betting products to customers who are physically inside a Buffalo Wild Wings restaurant in six states…
US jobless claims fall to 712,000 as pace of layoffs eases
WASHINGTON — The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are…