Shell to go ahead with seismic tests in whale breeding grounds after court win

Judgment rules company can blast sound waves in search for oil along South Africa’s eastern coastline Last modified on Fri 3 Dec 2021 05.48 EST Royal Dutch Shell will move ahead with seismic tests to explore for oil in vital whale breeding grounds along South Africa’s eastern coastline after a court dismissed an 11th-hour legal […]

FTC challenges Nvidia’s deal for Arm Holdings

Fox Business Flash top headlines for December 2 Check out what’s clicking on The Federal Trade Commission on Thursday sued to block U.S. chip supplier Nvidia Corp.’s proposed landmark takeover of semiconductor-design specialist Arm Holdings, arguing the chip-industry deal is anticompetitive. The lawsuit marks the beginning of what is likely to be an aggressive […]

With Rs 7,000 cr stuck, over 20k PMC Bank depositors are playing waiting game

The amount stuck is 60 per cent of the total Rs 11,800-crore in deposits. The draft amalgamation scheme of Punjab and Maharashtra Co-operative (PMC) Bank with Unity Small Finance Bank (SFB) allowed quick relief to depositors with savings of up to Rs 5 lakh, but a long wait for those who had their nest egg […]

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New research shows that the first SARS-CoV-2 spike protein a person encounters, be it by vaccination or infection, shapes their subsequent immune response against current and future variants. That is, it imparts different properties that have an impact on the immune system’s ability to protect against variants, and also affects the rate of decay of […]

Netflix Loses Appeal In Exec Poaching Legal Battle With Fox

A judge today shut down Netflix’s appeal in a long-running legal battle centered on the streamer poaching executives from Twentieth Century Fox Film Corporation. Netflix had claimed, in part, that Fox’s contracts were void because they violate California’s famed seven-year rule and severely restrict employee mobility. It had also claimed that Fox must show resulting […]

New York confirms 5 cases of the omicron coronavirus variant

‘Many cases’ of omicron likely in the US already: former acting CDC director Dr. Richard Besser says there are already probably many cases of the omicron variant in the US on ‘Your World.’ The omicron variant of the coronavirus has been documented in the New York City area. Five cases of the variant have been […]

A quick economic rebound seems assured – but then what?

The good news in this week’s “national accounts” for the three months to end-September is that the Delta-induced contraction in the economy was a lot less than feared – not just by the financial market economists (whose guesses are usually wrong) but by the far more high-powered econocrats in Treasury and the Reserve Bank. So […]

Yellen warns Omicron variant could pose 'significant' risk to global economy

Janet Yellen ripped by GOP congressman: ‘Not doing her job’ Missouri Republican Blaine Luetkemeyer joins ‘Making Money’ to discuss the impact of vaccine mandates on small businesses. The Omicron variant could pose a "significant" risk to global economy’s ongoing recovery from the COVID-19 pandemic, Treasury Secretary Janet Yellen said Thursday. Yellen noted the variant’s economic […]