Business News [UP]

U.S. markets rebounded on Thursday, with the Dow Jones Industrial Average gaining 617 points after two straight days of losses brought on by concerns about the Omicron COVID-19 variant....Read More

South Korean carmaker Hyundai Motor said the global automotive chip shortage had caused its monthly sales to drop at a double-digit rate in November....Read More

A week after posting the lowest figure for unemployment filings in more than a half-century, the Labor Department said in its weekly report that there are a little more than 220,000 new jobless claims....Read More

The White House announced Thursday that President Biden’s administration will ask federal agencies to give more spending contracts to minority and underserved smaller businesses — at more than twice the current level....Read More

A new isotope analysis of 77 paintings created by 27 Dutch artists has revealed subtle differences in a common white pigment that are directly tied to supply routes altered by historical conflicts, researchers said....Read More

The Dow Jones Industrial Average fell 461 points on Wednesday as markets reacted to fears surrounding the first reported case of the Omicron COVID-19 variant in the United States....Read More

Vice President Kamala Harris’s office announced a new framework for space policy Wednesday aimed at addressing growing threats in space posed by other nations, space debris and climate change....Read More

Capital One announced Wednesday that it would eliminate all overdraft fees and non-sufficient fund fees for its customers, essentially giving up $150 million in annual revenue....Read More

Federal Reserve Chair Jerome Powell said Tuesday he expects policymakers to discuss ramping up the tapering of bond purchases, enacted as an emergency response to the COVID-19 pandemic....Read More

The Dow Jones Industrial Average declined 652 points Tuesday as Federal Reserve Chairman Jerome Powell said the central bank may accelerate tapering of its bond purchases and amid concerns over the Omicron variant....Read More