An Oregon salon owner who opened her business in defiance of the state's lockdown orders accused Gov. Kate Brown of "retaliating" against her family in a $100,000 lawsuit, which details the damages she sustained due to extended closures and exorbitant fines issued against her. READ MORE
The real cost of being the ultimate Apple fan: Nearly $80,000
Picture this: You are the ultimate Apple fan. You've got an unlimited budget. And you want all of the things: top-of-the-line devices, fancy accessories and services.
You may not need that high-end graphics chip or added storage, but they're there, right? READ MORE
FAA brings commercial drone deliveries one step closer with new rules
The U.S. Federal Aviation Administration announced on Monday that it will issue a long-awaited rule to allow for small drones to fly over people and at night, bringing the technology's use for widespread commercial deliveries one step closer to becoming a reality.
In addition, the FAA is also requiring remote identification for most drones in order to address security concerns. READ MORE
Here Are The Biggest Billionaire Scandals Of 2020
As a year unlike any other draws to a close, Forbes takes a look at the biggest scandals billionaires found themselves facing, from tax evasion to alleged financial fraud to a billionaire spat between neighbors featuring the Gilligan’s Island TV show theme song. READ MORE
SpaceX's Starlink satellite-internet service provides rapid speeds of 175 Mbps in freezing temperatures, high winds, and deep snow, users report
Elon Musk's aerospace company sent an update email to beta testers Tuesday saying its made upgrades to the service, including a "Snow Melt Mode" for the Starlink dishes.
Users of SpaceX's "Better Than Nothing Beta" test have posted pictures and videos on the Reddit Starlink community proving that the Starlink terminal still works in extreme weather conditions - and in some cases, it's even faster. READ MORE
Elon Musk says taking Tesla private would be an 'impossible' task
It is “impossible” for Elon Musk to turn Tesla private — despite the CEO’s belief that ridding the electric carmaker of its duties as a public company would help accelerate innovation, he said Christmas Eve.
“Engineering, design & general company operations absorb vast majority of my mind & are the fundamental limitation on doing more,” Musk tweeted in response to a user who was speculating on how the tech tycoon could best allocate his time. “Tesla public company duties are a much bigger factor, but going private is impossible now (sigh).” READ MORE
‘Startup city’: Accelerated growth strains Austin
AUSTIN, Texas—A few years ago, some blocks of Austin’s South Congress Avenue featured a castle-themed wax museum and comic book shop, a neighborhood bar with $1 taco deals, an auto shop and, in season, a Santa Claus on horseback.
Then, as at so many other places in Austin, the construction cranes came. READ MORE
How the real estate market has been changed in 2020 by multigenerational living
There is no place like home for the holidays, but for a steadily increasing number of Americans, there is no place like moving back home, permanently.
As the coronavirus pandemic celebrates its anniversary, the newest trend taking over the market is the growing number of people moving out of their high-rise lifestyle in places like New York, Chicago and Los Angeles. READ MORE
A New Satellite Can Peer Inside Buildings, Day or Night
A few months ago, a company called Capella Space launched a satellite capable of taking clear radar images of anywhere in the world, with incredible resolution — even through the walls of some buildings. READ MORE
Amazon warehouse employees depend on food stamps in 9 states
More than 4,000 warehouse workers at Amazon, the e-commerce giant founded by the world's richest man, depend on food stamps to make ends meet in nine states, according to new U.S. Government Accountability Office data this week. READ MORE
We will never look at KFC's logo the same again, thanks to viral tweet
This probably isn't what people mean when they talk about "chicken legs."
On Tuesday, Freddie Campion, content director at Headspace, reignited an old meme about KFC’s Colonel Sanders in a tweet where he wrote that his wife was convinced his bow tie was actually a tiny stick figure underneath a large head. READ MORE
Major CEOs signal Covid vaccine mandates could be on the way
Some business leaders are in favor of requiring their employees take Covid-19 vaccines.
Seventy-two percent of current and recent CEOs of major companies signaled an openness to vaccine mandates, according to a poll held Tuesday at a virtual summit by the Yale Chief Executive Leadership Institute. READ MORE
Sales Planning Has Long Needed To Change — And There's No Going Back
Business in 2020 has been defined almost entirely by Covid-19, and its impacts are certain to extend well beyond this year. Organizations have undergone a permanent paradigm shift, and the way we work will never be quite the same. While this presents undeniable new challenges in some spaces, in others — especially sales — it catalyzes a much-needed transformation. READ MORE
'Fatal for small businesses': Big firms delay payments to smaller suppliers during COVID-19
Wayne Labush’s corporate events company is struggling to survive, with sales down as much as 90% during the COVID-19 pandemic.
So it doesn’t help that a significant share of the few Fortune 500 clients of his that are still holding conventions, trade shows and conferences are taking two to three months — or even longer — to pay what they owe him. READ MORE
Intel’s COVID-19 strategy? ‘Learn your way out of the problem’
The coronavirus pandemic has accelerated many workplace shifts that were already underway: adoption of remote work, an increase in flexibility, digital transformation. Learning and development—which quickly was targeted by employers as a driver of business outcomes and by employees as a lifeline for resilience amid the pandemic—also transformed, and quickly. READ MORE
America's CEOs have advice for Biden's long road ahead
President-elect Joe Biden is preparing to enter the White House during a tumultuous time. The United States has become deeply divided. The country is being ravaged by the coronavirus pandemic, millions of Americans are out of work and climate change continues to irreversibly alter the planet — and that’s just the tip of the iceberg. READ MORE
It’s Full Steam Ahead For Startups Developing COVID-19 Vaccines And Products
As the first Americans receive COVID-19 vaccinations this week developed by big pharmaceutical companies, hundreds of startups focused on vaccines, testing kits and other COVID-19 products are riding the momentum–eager to get their own products to market in the next year. READ MORE
What to know if your employer wants you to get vaccinated for Covid
If you've been dreaming about going back to the office, news of a promising Covid-19 vaccine could mean you'll be back at your desk sooner than you thought.
There are obvious benefits to having a workforce that's been immunized from coronavirus, but can your employer require you to get vaccinated? READ MORE
$300 billion of M&A to be unleashed by blank-check deals
The mergers and acquisitions boom underway will continue over the next few years as special purpose acquisition companies (SPACs) look to put to work $61 billion of unspent proceeds from their initial public offerings, according to Goldman Sachs.
Two hundred six companies have gone public through SPACs in 2020, raising a record $70 billion. Proceeds from SPACs have accounted for 52% of the record $124 billion raised by all U.S. initial public offerings. READ MORE
Wall Street firms, demonized by Cuomo, de Blasio, ramp up NYC exodus plans
The COVID-19 pandemic is likely to come to an end in 2021, but that doesn’t mean New York City’s biggest employers—the megabanks and Wall Street firms—are rushing to return to the Big Apple.
FOX Business has learned that even with a vaccine that could allow city employers to filter all their workers back into Manhattan offices by late spring, every major Wall Street firm is drawing up plans to significantly slash its presence in the city for the foreseeable future. READ MORE
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