[ad_1] A worker at an oil processing plant of Saudi Aramco, a Saudi state-owned oil and gas company, in the Abqaiq oil field. Stanislav Krasilnikov | TASS | Getty Images Oil giant Saudi Aramco reported a 44% drop in full year 2020 results, but maintained its $ 75 billion dividend payout, with CEO Amin Nasser … Read more
[ad_1] Hawaiians bring bittersweet aloha to a long-time beloved bakery. Love’s Bakery will close at the end of March, after the COVID-19 pandemic brought the operation to its knees, reports SFGate. The bakery has been spreading love since 1851 and first turned on its ovens more than a century before Hawaii became the 50th state. … Read more
[ad_1] Elon Musk said his business would be shut down if his cars were used for spy purposes. Tesla’s chief executive responded to the announcement that the Chinese military had banned Tesla cars from its facilities. Speaking to a Chinese forum in a virtual discussion, Mr. Musk said, “We are very strongly encouraged to be … Read more
[ad_1] Canadian Pacific has agreed to buy Kansas City Southern for $ 25 billion, which would be the biggest deal of the year, according to people with knowledge of the matter. The Calgary Railroad has offered to buy the US freight group for $ 275 per share in a cash and equity offer. CP’s proposal … Read more
[ad_1] What an upcoming Apple privacy prompt will mean to you – and the apps you useUSA TODAY Zuckerberg: Facebook could be in “better position” after Apple’s tracking changeArs Technica Facebook stock jumped more than 4% after Mark Zuckerberg said Apple’s privacy update would help the social media giantBusiness intern Apple has warned iPhone developers … Read more
[ad_1] SOUTH JORDAN – Last year, during the first week of the COVID-19 shutdown and following an earthquake in the Salt Lake Valley, local baker Steve Borg decided he wanted to help give back to a struggling community. So he created the Free Bread Project. Anyone entering Schmidt’s Pastry Cottage would receive two loaves of … Read more
[ad_1] (CBSDFW.COM/CNN) – Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain’s Facebook page. He was 65 years old. “Our community and the restaurant industry have lost a legend and the Taylor family lost a wonderful son, father and grandfather this week,” a joint statement from the … Read more
[ad_1] The Turkish lira could plunge as much as 15% in a “bad reaction” when financial markets reopen on Monday, analysts warned, after President Recep Tayyip Erdoğan sacked the country’s central bank chief days after a strong rising interest rates. An expert calling the move one of the worst public policy decisions in history, Erdoğan … Read more
[ad_1] The US Federal Reserve is stuck in a high-stakes showdown with the markets. This week, President Jay Powell was praised for recognizing a rapidly improving economic outlook and the possibility of a surge in inflation, while underscoring his commitment to keeping interest rates at the lowest levels in the foreseeable future. But this relaxed … Read more
[ad_1] The Biden administration’s Justice Department is investigating Visa’s debit card practices, the San Francisco-based credit card company revealed on Friday. Visa acknowledged the investigation in a March 19 filing with the United States Securities and Exchange Commission. In the file, Visa said the US Department of Justice informed the company of its investigation and … Read more