Economy

Pres. Joe Biden Authorizes "Largest Ever Release' From Oil Reserve to Address High Gas Prices

President Joe Biden announces plans to release barrels of oil from reserve to lower the gas prices across the U.S.
Florida Gov. Ron DeSantis Announces $1 Billion in Gas Tax Relief Amid Inflation

Florida Gov. Ron DeSantis Announces $1 Billion in Gas Tax Relief Amid Inflation

By Paola Hernández
Florida Governor Ron DeSantis announced on Monday that the state would act to provide $1 billion of gas tax relief amid inflation that causes oil price hikes.
Samsung Picks Taylor, Texas for Company's New $17 Billion Chip-Making Plant

Samsung Picks Taylor, Texas for Company's New $17 Billion Chip-Making Plant

By Paola Hernández
Samsung Electronics Co. has reportedly been eyeing to build a $17 billion chip-making plant in Taylor, Texas.
Target Stores Will Permanently Stop Serving Shoppers on Thanksgiving Day

Target Stores Will Permanently Stop Serving Shoppers on Thanksgiving Day

By Paola Hernández
Target stores will permanently close their doors to customers on Thanksgiving Day, making the store closures a permanent change to the start of the holiday season.
EL SALVADOR-ECONOMY-POLITICS-BITCOIN

El Salvador’s President Shares Building Plan of His ‘Bitcoin City’ Dream Powered by Geothermal Energy From a Volcano

By Paola Hernández
Months after becoming the first country to recognize bitcoin as their national currency, El Salvador's president, Nayib Bukele once again bet on bitcoin to move the country to greater heights.
Around 80 Masked Looters Storm, Rob San Francisco-Area Nordstrom; One Employee Pepper-Sprayed

Around 80 Masked Looters Storm, Rob San Francisco-Area Nordstrom; One Employee Pepper-Sprayed

By Paola Hernández
Around 80 masked looters breached into one of Nordstrom's San Francisco branches in California on Saturday night and stole merchandise.

Elizabeth Holmes Trial: Prosecution Rests Its Case on the Theranos Founder's Fraud Trial

By Paola Hernández
Prosecutors rested their case on Elizabeth Holmes' trial as the Theranos founder took the stand on Friday.
Tesla, ACC Unveil START Manufacturing Training Facilities

Tesla, ACC Unveil START Manufacturing Training Facilities

By Paola Hernández
Tesla and Austin Community College has officially launched a new Tesla START Manufacturing training facility at ACC's Riverside campus, with Austin Mayor Steve Adler present in the ribbon-cutting ceremony.
Rare Tesla Lawsuit Claims Elon Musk's Fremont Factory of Rampant Sexual Harassments

Rare Tesla Lawsuit Claims Elon Musk's Fremont Factory of Rampant Sexual Harassments

By Paola Hernández
One of the female employees shared all her negative experiences. A rare Tesla lawsuit was filed by one of the company's employees at Fremont Factory.
U.S. Pharmacy Chain CVS to Close 900 Drugstores to Expand Digital and Health Services

U.S. Pharmacy Chain CVS to Close 900 Drugstores to Expand Digital and Health Services

By Paola Hernández
U.S. pharmacy chain CVS is eyeing to close 900 of its drugstores over the next three years to ramp up their in-person health services and expand their digital services.
California Couple Vanished After Stealing $20 Million in COVID-19 Fraud Scheme, Only Left a Goodbye Note for Their 3 Kids

California Couple Vanished After Stealing $20 Million in COVID-19 Fraud Scheme, Only Left a Goodbye Note for Their 3 Kids

By Paola Hernández
A California couple was sentenced to prison for their role in a massive COVID-19 relief fraud scheme, but authorities still need to catch them first.
Houston Rockets v Los Angeles Lakers

Crypto.com Pays More Than $700 Million for 20-Year Naming Rights of Staples Center; Arena’s New Logo Debut Set on LA Lakers-Brooklyn Nets Christmas Game

By Paola Hernández
The Staples Center would be getting a new name for Christmas after the Singapore cryptocurrency exchange, Crypto,.com paid more than $700 million for the naming rights, both parties announced Tuesday.
U.S. Pres. Joe Biden Wants a Probe on Oil Companies Over Rising Gas Prices, Tapping FTC to Do the Investigation

U.S. Pres. Joe Biden Wants a Probe on Oil Companies Over Rising Gas Prices, Tapping FTC to Do the Investigation

By Paola Hernández
U.S. President Joe Biden demands an investigation on oil companies over the increasing gas prices. He called for the Federal Trade Commission to do the probe through a letter addressed to the head of FTC.
PALESTINIAN-ISRAEL-WATER-ENVIRONMENT-CONFLICT

California Electrician to Pay $481 Million for Role in $1 Billion Ponzi Scheme

By Paola Hernández
After a California electrician was sentenced to three years in prison, he was now slammed with an order to pay $481.3 million in restitution on Tuesday for his role in a $1 billion Ponzi scheme.
Federal Agents Seize More Than $53 Million in Meth, Cocaine, Weed Inside Cauliflower and Seat Cushions Shipments at Texas Crossing

Federal Agents Seize More Than $53 Million in Meth, Cocaine, Weed Inside Cauliflower and Seat Cushions Shipments at Texas Crossing

By Paola Hernández
U.S. Customs and Border Protection (CBP) officers had seized illegal drugs worth more than $53 million in two operations in Laredo, Texas on Friday.
Elizabeth Holmes Theranos Trial Continues In California

Elizabeth Holmes Fraud Trial: Defense Attorney Lashes Out at Key Witness After Allegedly Breaking No-Contact Order

By Paola Hernández
The alleged violation of court rules prompted a defense attorney for Theranos CEO Elizabeth Holmes in lashing out at a key government witness, claiming that the 24th witness in the case contacted prosecutors regarding his testimony.
US-health-virus-pandemic-epidemic-disease

Disney Employees Start Relocation From California to Florida; Entertainment Company Moves to ‘Business-Friendly Climate’ State

By Paola Hernández
Months after entertainment company Walt Disney announced that they would be moving from California to Florida, some of their 2,000 employees were already eyeing up the housing market close to Orlando.
Southwest Airlines Passenger Who Punched Employee in the Head Before Flight Faces Assault Charges

Southwest Airlines Passenger Who Punched Employee in the Head Before Flight Faces Assault Charges

By Paola Hernández
A passenger boarding a flight at Dallas Love Field is facing assault charges after she punched a Southwest Airlines employee on Saturday afternoon, police said.
Donald Trump Seals $375 Million Deal for Washington D.C. Hotel to Firm That Plans to Change Its Name and Be Managed by Hilton Group

Donald Trump Seals $375 Million Deal for Washington D.C. Hotel to Firm That Plans to Change Its Name and Be Managed by Hilton Group

By Paola Hernández
Former President Donald Trump has agreed to sell his Washington D.C. hotel to an outside firm and turn it over to the Hilton group for management.
DOJ to 'Vigorously Defend' Pres. Joe Biden's Workplace Vaccine Mandate After Appeals Court Extends Block on It

DOJ to 'Vigorously Defend' Pres. Joe Biden's Workplace Vaccine Mandate After Appeals Court Extends Block on It

By Paola Hernández
The Department of Justice (DOJ) said it would "vigorously defend" President Joe Biden's vaccine mandate after an appeals court upheld its decision to put it on hold.
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