Business News [UP]

House lawmakers have unanimously voted to strip China of its developing nation status that has afforded Beijing preferential treatment in international agreements and treaties....Read More

Lyft’s co-founders, chief executive officer Logan Green and president John Zimmer, will step back from their roles at the rideshare company as former Amazon retail executive David Risher becomes CEO....Read More

Disney will start laying off workers this week in what is the first of three rounds to eliminate 7,000 jobs by the summer, according to a memo sent to staff Monday by chief executive officer Bob...

Norwegian energy company DNO said Monday it was ordered to stop sending oil from the Kurdish region of Iraq to a Turkish pipeline following an international court order against the government in Ankara....Read More

President Joe Biden will announce new federal resources to support small businesses owned by women as the government ramps up economic recovery efforts in the wake of the COVID-19 pandemic....Read More

Twitter’s valuation has been cut in half according to an internal memo from owner and CEO Elon Musk....Read More

The Supreme Court heard oral arguments this week that may shape the understanding of a company’s right to protect its brand from parody, with the high court justices expressing varied views during the hearing....Read More

A Hong Kong department store has taken down a work of glitch art made by Patrick Amadon, who snuck messages of support for pro-democracy protesters into the video animation....Read More

Second Nature Brands has recalled 4-ounce packages of Gluten-free Reese’s Pieces Brownie Brittle over concerns about potential wheat contamination....Read More

U.S. federal data on Friday show new orders for manufactured durable goods declined again on the back of lower demand for passenger planes and consumer vehicles, though other indices were virtually unchanged....Read More