Is MakerDAO Becoming ‘a Company Run by Politics’?

Nearly one-third of all MKR in circulation (around 294,000, or approximately $300 million) participated in the ratification of LOVE. The top three “yes” votes were said to be VC whales, or...

Ben & Jerry’s sues parent company Unilever over sale of Israeli business

A tub of Ben and Jerry’s ice cream, manufactured by Unilever Plc. Chris Ratcliffe | Bloomberg | Getty Images Ben & Jerry’s is suing parent company Unilever to stop the sale of its Isra...

Trump-era changes to Endangered Species Act thrown out by judge

A Mexican gray wolf leaves cover at the Sevilleta National Wildlife Refuge, Socorro County, N.M. Jim Clark | U.S. Fish and Wildlife Service via AP A California federal judge on Tuesday threw out Trump...

Sanctions Threaten Russia’s Next Huge Oil Field

These are boom times for the Russian oil-and-gas industry. High energy prices are keeping the country’s economy afloat and funding the war in Ukraine. How long it lasts will depend in part on a massiv...

Yum Brands says it is close to selling its Russian KFC business

A woman walks near closed KFC and McDonald’s restaurants that suspended their business in Russia due to the military invasion of Ukraine, April 16, 2022, in Moscow, Russia. Konstantin Zavrazhin ...

U.S. flight disruptions finally ease as the holiday weekend winds down

Lighted tunnel in the United Airlines terminal, O’Hare International Airport, Chicago Illinois. Andrew Woodley | Universal Images Group via Getty Images U.S. airline delays eased on Monday as we...

EU airlines face strikes, struggle to find workers post-covid summer travel

Some airlines and airports are struggling with the post-covid demand for travel. Anadolu Agency | Anadolu Agency | Getty Images LONDON — Delays, cancellations and strikes. It’s been a messy time...

Biden Dropping China Tariffs Could Be Good News for Tech Stocks

If President Joe Biden rolls back tariffs on Chinese exports, it could have bigger implications than the impact on inflation. The U.S. is considering dropping the levies started by Donald Trump in 201...

UK Army’s Twitter and YouTube accounts hacked to promote crypto scams

A screenshot of the British Army’s Twitter profile when it was hacked, via Wayback Machine. Its profile and banner pictures were changed to resemble a nonfungible token collection called “...

Big Insider Buys of Oil and Solar Stocks Are Plays on Russia Sanctions

Text size Crude-oil storage tanks at a Plains All American Pipeline facility. Angus Mordant/Bloomberg Insiders have snapped up stock of two companies whose prospects have brightened due to Russia’s in...

Biden Administration Weighs Move to Trim Mortgage Costs as Home Prices Rise

WASHINGTON—The Biden administration is weighing a move to trim mortgage costs for first-time and lower-income buyers, a bid to boost affordability when average home prices are at an all-time high. Pre...

Biden Interior Dept offers option for new oil leases in Gulf of Mexico

An oil and gas drilling platform stands offshore as waves churned from Tropical Storm Karen come ashore in Dauphin Island, Alabama, October 5, 2013. Steve Nesius | Reuters The Biden administration rel...

Trump media company subpoenaed in federal criminal probe of SPAC deal

Former U.S. President Donald Trump gives the keynote address at the Faith & Freedom Coalition during their annual “Road To Majority Policy Conference” at the Gaylord Opryland Resort &a...

Fourth of July travel surge puts airlines — and passengers — to the test

Travelers at LaGuardia Airport in New York on June 30, 2022. Leslie Josephs | CNBC The Fourth of July holiday weekend will put airlines to the test after a messy spring angered travelers and drew shar...

How Uvalde and Buffalo spurred push for first gun law in decades

After two horrific mass shootings in Texas and New York, Congress just passed the most meaningful gun legislation in decades. The Safer Communities Act will expand background checks in some cases, clo...

Supreme Court Curbs EPA’s Authority. What’s Happening To Energy Stocks.

Text size The Supreme Court ruled the EPA must get clear congressional approval before making sweeping regulations to deal with climate change. George Frey/Getty Images Coal mining and oil stocks were...

Crypto Winter Is Coming After SEC Rejects Key Bitcoin ETF

As if crypto bros didn’t have enough to worry about. The Securities and Exchange Commission has rejected Grayscale Investments’ application to convert its $13 billion spot Bitcoin trust into an exchan...

Palantir CEO Alex Karp on fighting with Peter Thiel and progressives

As U.S. companies and executives balance publicly addressing hot-button political topics, Palantir CEO Alex Karp said many still struggle with figuring out when they must speak out and when they shoul...

Here’s why this trader is piling back into one of the year’s hottest commodities

The end of June is nigh and good riddance. Down about 7%, only March has delivered a win for S&P 500 SPX, -0.07% investors this year, as pandemic fallout has been compounded by Russia’s brutal and...

North Korea likely behind $100 million Horizon crypto hack: Experts

A photo illustration showing the North Korean flag and a computer hacker. Budrul Chukrut | Sopa Images | Lightrocket | Getty Images North Korean state-sponsored hackers were likely the perpetrators of...

FCC commissioner tells Apple, Google to remove TikTok from app stores

A leader of the U.S. Federal Communications Commission said he has asked Apple and Google to remove TikTok from their app stores over data security concerns. Pictured here is the TikTok download page ...

U.S. to deploy nearly 300,000 monkeypox vaccine doses to fight outbreak

Mock-up vials labeled “Monkeypox vaccine” are seen in this illustration taken, May 25, 2022.  Dado Ruvic | Reuters The U.S. will deploy nearly 300,000 monekypox vaccine doses in the coming...

FDA panel recommends changing Covid shots to fight omicron this fall

A healthcare worker prepares a syringe with the Moderna COVID-19 vaccine at a pop-up vaccination site operated by SOMOS Community Care during the COVID-19 pandemic in Manhattan in New York City, Janua...

CVS to remove purchase limit on Plan B pills, says sales have ‘returned to normal’

Plan B One-step birth control in CVS Pharmacy, Boston, MA. Ucg | Universal Images Group | Getty Images CVS is removing the purchase limit it had put on emergency contraceptive pills following last wee...

Default Won’t Trigger a Long Winter for Russia

Failing to pay your debts can stop you getting a loan again. Except if you are a country—even Russia. Russia has defaulted on its foreign debt for the first time since the Bolshevik Revolution. Becaus...

3 big problems with Congress’ new retirement reforms

A new set of reforms to America’s retirement tax and savings plans passed a key hurdle in Congress last week. Variously known as the SECURE Act 2.0, the EARN Act and the RISE & SHINE Act, the meas...

Oil Tanker Is Stopped by U.S. in Transit From Russian Port to New Orleans

U.S. authorities have stopped a ship traveling from Russia to Louisiana with a cargo of fuel products, say people familiar with the matter. The Daytona tanker is owned by Greek shipowner TMS Tankers L...

Target will cover employees’ travel to other states for abortions

A person walks into a Target store in Washington, DC, on May 18, 2022. Stefani Reynolds | AFP | Getty Images Target will cover employees’ travel if they live in a state where abortion is banned,...

HHS Secretary Becerra promises abortion access in cases of rape, risk to woman’s life

U.S. Health and Human Services Secretary Xaviar Becerra holds a news conference to unveil the Biden administration’s action plan following the overturning of Roe v Wade, at the Department of Hea...

Vanguard Sues UHNW Advisor Over Alleged Client Solicitation

The Vanguard Group is suing one of its former ultrahigh-net-worth financial advisors for allegedly violating a one-year nonsolicitation agreement he signed while an employee. The financial services gi...

Pelosi unveils abortion rights proposals after ruling

Speaker of the House Nancy Pelosi (D-CA) finishes a news conference after the U.S. Supreme Court struck down Roe v Wade, which guaranteed a woman’s right to an abortion, in the Capitol Visitors ...

CVS capping purchases of Plan B pills to ensure consistent supply

Protesters outside the Supreme Court following the overturning of Roe v. Wade. Brandon Bell | Getty Images News | Getty Images CVS is limiting the number of the emergency contraceptives commonly known...