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MARCH 2022
Trump likely committed felony obstruction, federal judge rules
A federal judge ruled that former President Donald Trump “more likely than not” attempted to illegally obstruct Congress.
Trump 'likely' committed felony by obstructing Congress, judge rules in dispute over Jan. 6 documents
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US seeks tighter UN sanctions after N. Korea missile test
The United States says it will seek tougher U.N. Security Council sanctions after North Korea said it test-fired its biggest intercontinental ballistic missile to date
Applebees Exec Stirs Outrage With Alleged Plan to Lower Wages Due to Higher Gas Prices
An alleged email sent by an Applebee's franchise executive left people online in a fit after [...]
Biden's job approval rating hits lowest point of his presidency as most Americans think the U.S. headed in the wrong direction
Former President Donald Trump also is seen negatively by a large group of Americans, which might be the one bright spot for President Joe Biden.
Biden approval ratings plummet amid war and inflation fears in new public opinion poll
President Biden’s job approval rating declined to 40%, the lowest level of his presidency, and Republicans enjoy a 2-point lead over Democrats ahead of the midterms, a new NBC News poll shows.
The Myth That Most Americans Hate Their Job
Resignations are rising because people are seeing more job listings, not because they’re feeling more Marxist.
Surging mortgage rates are pricing millions out of buying a home
Rate on a 30-year mortgage has jumped to 4.4%, quashing dreams of homeownership for many Americans.
Everything-as-a-service, Apple, and the future of business
Apple is repositioning its business for a new set of economic realities.
Apple Rumored To Be Working On a Hardware Subscription Service for iPhones
Potentially launching by the end of 2022 or in 2023.
'Very dangerous': Putin becoming unpredictable as war wears on, political commentator says
WASHINGTON (TND) — President Joe Biden warned Americans Monday of the growing possibility of Russian cyberattacks against the U. S. as Russian President Vladamir Putin continues to retaliate against imposed sanctions. Political commentator Armstrong Williams joined The National Desk to discuss the ongoing crisis Monday, saying Americans can and should take steps to prepare for these potential cyberattacks. “The president today warned big business but everyday citizens can do some simple things.
WSJ News Exclusive | Biden to Sanction Hundreds of Russian Lawmakers, U.S. Officials Say
The Biden administration is preparing sanctions on most members of Russia’s State Duma, the lower house of parliament, as the U.S. continues its crackdown on Moscow over its ongoing war against Ukraine.
Russia exploring options for potential cyberattacks on U.S. energy sector, FBI warns
Multiple Russia-based IP addresses have been conducting "scanning activity" for vulnerabilities in energy company networks.
FBI advised that hackers scanned networks of 5 US energy firms ahead of Biden's Russia cyberattack warning
Hackers associated with Russian internet addresses have been scanning the networks of five US energy companies in a possible prelude to hacking attempts, the FBI said in a March 18 advisory to US businesses obtained by CNN.
Airlines Increasing Ticket Prices In Response To Rising Fuel Costs
Photo: Real_life_Studio Shutterstock.com Reuters is reporting that Delta is raising ticket prices roughly ten percent, with United and Southwest also joining in
Inflation Outpacing Premium Increases for Auto and Homeowners Lines
US Insurers -- already hammered by extraordinary losses caused by natural disasters -- are failing to raise premiums at a pace that matches the inflation
Chevron begins replacing workers ahead of California refinery strike
Chevron Corp began turning over some operations at a California oil refinery to replacement workers on Sunday ahead of a United Steelworkers strike set to begin shortly after 12 a.m. PDT on Monday.
Chevron refinery union workers prepare for strike - Verve times
The union representing workers at a Chevron oil refinery in Richmond, Calif., has told its members to prepare for a strike shortly after 12 a.m. on Monday barring agreement on a new labour contract. The United Steelworkers union at the 245,000 barrel-per-day plant outside of San Francisco said in a notice to members […]
Canadian Pacific Railway Work Stoppage Threatens New Supply-Chain Snarl
The railway has been in negotiations and mediation since September with the union, and it denied the union’s claim that it had initiated a lockout.
Canada's CP Rail shuts down railroad, workers strike
Canadian Pacific Railway (CP) CP.TO halted operations and locked out workers over a labor dispute early on Sunday, with each side blaming the other for a halt that will likely disrupt shipment of key commodities at a time of soaring prices.
COVID numbers tick upward in NY as BA.2 variant spreads
Gov. Kathy Hochul announced 2,642 COVID-19 cases across New York State on Saturday, a 260% increase since a low point of 1,013 cases on March 7.
CNY COVID positivity rate 3x higher than closest region
(WSYR-TV) — As BA.2 becomes the globe’s dominant strain of COVID-19, the effect of omicron is still the most prominent mutation here in New York State, according to the NYSDOH. A press relea…
Russia’s Push for Self-Sufficient Economy Fails Before Western Sanctions
Building Fortress Russia was supposed to protect the country from sanctions. It is still highly dependent on imports.
Cyber ‘cold war’ rages online but Russia holds back on massive digital attacks
Destructive global breaches have not yet materialized, observers say, as non-state actors and hacktivists engage in digital combat
Austin warns of “significant reaction” from US if Russia uses chemical, bioweapons in Ukraine
WASHINGTON (WTRF) — US Defense Secretary Lloyd Austin appeared on “Face the Nation” Sunday morning and warned that if Russia uses chemical or bioweapons in Ukraine, there would be…
US ambassador to UN vows aggressive response if Russia uses chemical weapons on Ukrainians
The U.S. ambassador to the United Nations on Sunday vowed an aggressive response if Russia's military uses chemical weapons in Ukraine.
China locks down millions more as Covid spreads, reports first deaths in over a year
China on Sunday imposed stay-at-home orders on millions more people in the country’s northeast as it battles its biggest Covid-19 outbreak in two years. The country has largely kept Covid at …
Millions in China’s northeast placed under COVID-19 lockdown
The city of Jilin will lock down some 4.5 million people for three days starting Monday.
There’s a Messaging Battle Right Now Over America’s Energy Future
Climate scientists and fossil fuel executives use the same terms when they talk about an energy transition. But they mean starkly different things.
Decades of lobbying weakened Americans’ gas mileage and turbocharged pain at the pump
Does a Mild Case of Covid Really Damage Your Brain?
The media jumped on a study that suggested Covid causes brain shrinkage. But like so many other pandemic fears, it’s gotten distorted.
Brain shrinkage, tissue damage, cognitive disruption. What COVID can do to patients’ brains.
A major study of people who had mild COVID showed a loss of gray matter, affecting their ability to complete basic cognitive tests.
Chinese official calls sanctions on Russia increasingly 'outrageous'
A senior Chinese government official said on Saturday that sanctions imposed by Western nations on Russia over Ukraine are increasingly "outrageous".
Biden warns China not to support Russia as war in Ukraine rages
President Biden held a nearly two-hour call with Chinese President Xi Jinping on Friday, warning him that there would be “consequences” if China provides material support to Russia. Biden will be traveling to Brussels on Wednesday to meet with allies as the situation in Ukraine worsens. NBC’s Ali Vitali reports for Saturday TODAY.
Inflation could wreak vengeance on the world’s poor
Indermit Gill and Peter Nagle examine the challenges posed by rising inflation for the world's poor and how policymakers can dampen the negative impact.
How Our Psychology Makes Inflation Worse
Purchasing Decisions + Psychology = Rising Prices
Gig workers say high gas prices may be a breaking point
Some drivers say they have had enough and the added cost of gas is making an already difficult financial equation untenable.
Uber, Lyft drivers consider quitting as pain at the gas pump grows
A number of Uber and Lyft drivers are considering quitting the app-based ride-hailing platforms as fueling up becomes costlier, with some calling the newly announced surcharges "insulting".
How China's soaring COVID numbers put the rest of the world at risk
Over the last few weeks, China’s COVID curve has shot straight up. Nationwide, new daily cases cleared 5,100 for the first time ever on Monday. Even in February 2020, when the virus first skyrocketed in Wuhan, that number officially peaked at just 3,300 per day, on average.
Overwhelmed by Omicron, Hong Kong Runs Out of Space for Its Dead
People are dying from Covid-19 in Hong Kong at a rate that surpasses most of the world’s worst pandemic peaks, with almost 300 deaths a day exceeding the city’s ability to cope.
Biden calls Putin a 'murderous dictator' and 'pure thug'
President Joe Biden on Thursday called Vladimir Putin a "pure thug" and "murderous dictator," his latest pointed attack against the Russian President as the war in Ukraine rages on.
Biden raises stakes with allegations of Russian war crimes
President Biden’s condemnation of Russian President Vladimir Putin as “a warm criminal” marked a dramatic shift in how the U.S. talks about Russia’s invasion of Ukraine.
China planned Taiwan invasion in fall, alleged Russian intel leak claims
The claim contradicted Taiwan's own intelligence services, which said a move by Beijing wasn't likely in the near future.
Ukraine war upended China's plan to invade Taiwan, alleged FSB whistleblower says
Russia's invasion of Ukraine upended Chinese President Xi Jinping's timetable to invade Taiwan, according to documents purportedly written by a Russian intelligence analyst in one of Moscow's security agencies.
Why Russia Isn't That Important to China
The relationship between the two countries is very unequal.
China’s Goal With Putin Is to Resist U.S. Without Economic Pain
NATO makes plans to boost its military presence in eastern Europe as Ukraine war grinds on | CBC News
NATO defence ministers have asked military commanders to draw up plans for a significantly larger long-term deployment of western forces in eastern Europe, the secretary general of the alliance said Wednesday.
NATO vows more forces, exercises to face 'new reality'
Jens Stoltenberg said that hundreds of thousands of NATO troops have been put on high alert since Russia launched its attack against Ukraine. #EuropeNews
A covid surge in Western Europe has U.S. bracing for another wave
Vaccines, natural immunity and relaxed restrictions make it difficult to predict how severe the next round of coronavirus will be.
WHO says global rise in Covid cases is 'tip of the iceberg'
After more than a month of decline, global Covid cases rose last week, with the biggest jump in the WHO's Western Pacific region, which includes South Korea and China.
Prepare for a recession this summer, a bear market in real estate and a drop in stock prices, warns strategist David Rosenberg
What to expect when you're expecting a hit to housing, stocks and other 'sure' things.
Once again, America is in denial about signs of a fresh Covid wave | Eric Topol
In the past couple of weeks, UK, Germany, France and others are experiencing a new wave. The US should get ready
Federal Reserve hikes interest rates for the first time since 2018
The Federal Reserve is raising interest rates for the first time since 2018, the central bank announced Wednesday at the conclusion of its highly anticipated two-day monetary policy meeting.
Fed raises interest rates for first time in 3 years, projects 6 more hikes as inflation soars
The Federal Reserve on Wednesday announced it will raise rates for the first time since 2018, bringing to an end the ultra-easy monetary policy put in place two years ago to prop up the economy through the COVID-19 pandemic.
Biden calls Putin a WAR CRIMINAL for first time
President Joe Biden spelled $800 million in new military aid for Ukraine as it continues to fight against Russia's invasion. It is part of a new $13.6 billion package to counter Russia's invasion.
Live updates: Russian troops destroy theater in Mariupol
MARIUPOL, Ukraine — Ukrainian officials say Russian forces destroyed a theater in the city of Mariupol where hundreds of people were sheltering.
China locks down more than 30 million people as COVID-19 flares, threatening global supply chains
The country's worst coronavirus outbreak since the start of the pandemic could again disrupt international trade, experts warn.
China COVID-19 Lockdowns May Delay Online Orders
With Shenzhen in a lockdown, an industry trade group has warned that online retail exports from China, including those for Amazon and Walmart, may be delayed.
White House warns of 'consequences' if China provides aid to Russia: 'The world is watching closely'
The White House said there will be “consequences” if China provides aid to Russia amid its multi-front war on Ukraine, warning that “the world is watching closely.”
US says it has information that China signaled it may be open to offering Russia some military and financial assistance for Ukrainian war, according to reports
National Security Advisor Jake Sullivan met with a senior Chinese official on Monday and warned Beijing against aiding Russia in its Ukrainian war.
Ukraine blames Russia for power cut at Chernobyl nuclear plant and says it could cause "nuclear discharge"
The country's energy minister says backup generators should be able to keep vital cooling systems running, but stresses electricity must be restored "as quickly as we can."
Ukraine Warns That Power Cut at Chernobyl Could Cause Nuclear Accident
The IAEA and other experts play down the risk of an imminent problem at the site of the world’s biggest nuclear disaster.
Oil prices — and how fast they're moving — threaten to 'wipe out' drivers: Analyst
With the U.S. now moving to curtail Russian oil imports — and leaning on allies to do the same — it's not just oil's absolute price that has market watchers concerned.
Stocks Finish Lower as Oil Rises on Russian Oil Ban
U.S. stocks traded erratically on Tuesday, bouncing between losses and gains as investors tried to keep up with a barrage of headlines
Pepsi, Coca-Cola, McDonald’s, Starbucks, Kraft Heinz, Kellogg latest to leave Russia
Dwindling group of companies are still trading after Putin’s invasion of Ukraine
McDonald's, Starbucks and Coca-Cola leave Russia
McDonald's and Starbucks are shutting their restaurants and cafes in Russia, and Coca-Cola is suspending its operations there in response to Russia's invasion of Ukraine. PepsiCo is also pulling some products from the country.
Global shares, oil rise after U.S. bans Russian oil imports
Global share markets edged higher on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy imports over Moscow's invasion of Ukraine.
Oil climbs, stocks rise as US bans Russian crude imports
NEW YORK (AP) — Stocks gained ground, oil prices jumped and the price of nickel surged so much that trading for it was shut on Tuesday, as the U.S. banned imports of oil from Russia and the economic fallout from its invasion of Ukraine kept rocking markets.
Biden Bans Imports of Russian Oil, Natural Gas
The administration’s deliberations about imposing a ban ramped up as lawmakers of both parties called for action on the issue.
Shell, BP to Withdraw From Russian Oil, Gas
The energy giants said they were stepping back further from doing business with Russia, with Shell saying it will immediately halt all spot purchase of crude from the country and will phase out its other trading and business dealings.
Russia’s credit rating slashed to second worst level of junk
Ratings agency Moody’s considers the country more likely to default on its debts than Iraq, Ecuador or Ethiopia
Credit agency cuts Russia’s rating again, pushes country to brink of default
Russia's economy already sits in a vulnerable position, with the ruble in freefall and the stock markets closed to prevent the economy from cratering.
Why People Are Booking Airbnb Rentals In War-Torn Ukraine
Airbnb properties in Ukraine are being booked by people who have no intention of visiting the war-torn country.
Strangers Booking Up Airbnb Stays In Ukraine Despite Knowing They Won't Be Able To Go
International solidarity with Ukraine has seen Airbnb properties booked up by foreigners who know they'll be unable to fulfil the bookings
Netflix suspends service in Russia
Netflix Inc has suspended its service in Russia, a company spokesperson said on Sunday.
Netflix suspends service in Russia amid Ukraine invasion
Netflix has suspended its service in Russia following the country's invasion of Ukraine. The move comes after the streaming service, which first launched in the country in 2016, previously paused all future projects and acquisitions from Russia.
Russians seize control of staff at Europe's largest nuclear power plant in Ukraine, cut off communications
Russian forces have now put staff at Europe's largest nuclear plant under their command and cut off their ability to communicate with Ukraine's nuclear regulator, the UN's International Atomic Energy Agency said Sunday.
Russian military control of Ukraine nuclear plants cause for grave concern, nuclear energy agency warns
Reports that Ukraine’s, and Europe’s, largest nuclear power plant is under the control of Russian forces is a cause for grave concern, the Director-General of the International Atomic Energy Agency (IAEA), Rafael Mariano Grossi, said on Sunday.
War fallout: U.S. economy to slow, Europe risks recession and Russia to suffer double-digit decline
The CNBC Rapid Update, the average of 14 forecasts for the U.S. economy, sees GDP rising by 3.2% this year, a modest 0.3% markdown from the February forecast.
War in Ukraine has sparked a scramble for dollars | CNN Business
The US dollar serves as the backbone of the global economy and is considered the safest currency to hold. So in times of uncertainty, investors like to stock up.
GOP senators caution U.S. engaging Russia would trigger World War III
Senator Marco Rubio said Sunday that declaring a no-fly zone over Ukraine is "not just some rule you pass that everybody has to oblige by."
Sen. Marco Rubio says imposing a no-fly zone over Ukraine 'means starting World War III'
A no-fly zone would "is basically the beginning of World War III," Sen. Marco Rubio said on ABC's "This Week."
These are the corporations that have pulled out of Russia since its invasion of Ukraine
Expecting tighter sanctions and public backlash, a growing list of major companies are cutting their business ties to Russia.
Many of the world's biggest companies have abandoned Russia over its war in Ukraine. Here are the 10 largest that have cut ties with the country — 3 of them wrote off $30 billion in assets in just 3 days.
The world's biggest companies have run for the exits, ditching billions in business investments, after Russia's full-scale invasion of Ukraine.
U.S., European allies discuss banning imports of Russian oil
The United States and European allies are exploring banning imports of Russian oil, U.S. Secretary of State Antony Blinken said on Sunday, and the White House coordinated with key Congressional committees moving forward with their own ban.
Oil Prices Break $130 As EU And U.S. Allies Consider Ban On Russian Crude | OilPrice.com
U.S. Secretary of State Antony Blinken has confirmed the United States is talking to its European allies about banning Russian oil imports.
Russian oligarch yachts fitted with helicopter hangars, submarines, ‘anti-paparazzi’ tech, $40,000 faucets
A fleet of superyachts owned by Russian oligarchs are scrambling for safe havens — a desperate flight that comes amid extraordinary global pressure to seize and squeeze owners’ assets f…
How Russia's billionaire oligarchs are moving luxury yachts around the world to avoid sanctions
Analysis by iweekend suggests a significant number of Russian oligarchs are not waiting around for their superyachts to fall foul of sanctions following Vladimir Putin's invasion of Ukraine
Visa, Mastercard suspend operations in Russia over Ukraine invasion
U.S. payments firms Visa Inc and Mastercard Inc on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would work with clients and partners to cease all transactions there.
Visa, Mastercard suspend all operations in Russia, 'effective immediately'
Financial services company Visa announced Saturday that it is suspending its business in Russia in response to the country’s invasion of neighboring Ukraine.
Local Lukoil Gas Stations Feel Sting Of Russia Backlash - VINnews
NEWARK, N.J. (AP) — Outraged by the invasion of Ukraine, lawmakers in New Jersey’s largest city lashed out at one of the closest symbols of Russia they could find — a pair of Lukoil gas stations. The Newark City Council voted unanimously Wednesday to ask the city’s business administrator to suspend the service stations’ operating […]
Oil Traders Shun Lukoil’s Trading Arm on Sanctions Fear
U.S., allies slam Russia at U.N. over its seizure of Ukraine nuclear plant
The United States and its allies heavily criticized Russia on Friday at the United Nations over its shelling and seizure overnight in Ukraine of Europe's biggest nuclear power plant, and some demanded that Moscow not let such an attack happen again.
Russia's nuke plant attack revives Chernobyl disaster fears
Russia’s attack on a nuclear power plant in Ukraine has revived the fears of people across Europe who remember the 1986 Chernobyl disaster, which killed at least 30 people and spewed radioactive fallout over much of the Northern Hemisphere
Ukraine conflict: Russia's Kharkiv attacks are war crimes, says Zelensky
The Ukrainian president asks the EU to prove it is with his country, while accusing Russia of terrorism.
Many deaths as Russia intensifies bombardment of Ukraine cities
Officials say 21 killed in shelling of Kharkiv and four others killed in cruise missile attack on Zhytomyr.
US effectively freezes Russian central bank assets held by Americans
The U.S. is blocking financial transactions of Russia's central bank assets and freezing any of the assets held by Americans following Putin's invasion of Ukraine.
U.S. expands sanctions on Russia's central bank, prohibiting American deals and freezing assets
The U.S. is expanding sanctions on Russia’s central bank in a move that will block Americans from doing any business with it and freezing any assets it holds in the U.S.
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