Money

China slaps 200% anti-dumping tariffs on Australian wine as relations continue to sour

On Friday, China’s Ministry of Commerce said it will impose anti-dumping duties of up to 212.1% on Australian wine imports starting Saturday, prompting one of Australia’s largest wine exporters, Treasury Wine Estates (TWE), to suspend trading as its shares plummeted 13%. “We don’t see it’s justified and we’re obviously deeply concerned about what it does,” …

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Trump says he will leave office if the Electoral College votes in Biden

President Donald Trump said Thursday that he will leave the White House if the Electoral College formalizes President-Elect Joe Biden’s victory—even as he insisted such a decision would be a “mistake”—as he spent his Thanksgiving renewing baseless claims that “massive fraud” and crooked officials in battleground states caused his election defeat. “Certainly I will. But …

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Thousands of Amazon workers will walk off the job today to fight for fair pay and COVID protections

Unions representing tens of thousands of Amazon.com Inc. employees are planning walkouts and other action as the year’s busiest shopping season begins this week, in protest at the e-commerce giant’s handling of everything from sick pay and COVID-19 precautions to user privacy. The giant Verdi trade union in Germany is holding a walkout across seven …

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AstraZeneca eyes another global trial for its COVID vaccine following dosage blip

AstraZeneca Plc’s COVID-19 vaccine looks like it’s headed for an additional global trial as the drugmaker tries to clear up uncertainty and confusion surrounding favorable results in its current study. The company wants the new test to confirm the 90% efficacy rate that the shot showed in a portion of an existing trial, Chief Executive …

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In an era of political polarization, ‘Trump TV’ makes perfect sense

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Though he may never publicly admit it, Donald Trump effectively conceded the 2020 presidential election on Monday, when his federal government’s General Services Administration finally signed off on the transition to President-elect Joe Biden’s incoming …

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Everything to know about T-Mobile, Verizon, and AT&T’s 5G plans

Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. The three major carriers are rapidly expanding their superfast 5G networks, which offer download speeds as much as 10 to 100-times faster than 4G connections. That means users with 5G compatible phones can get an …

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What to expect from retailers on this pandemic-era Black Friday

In the last few years, the crowds that used to throng stores for Black Friday have gradually thinned, as online deals released earlier and earlier in November diluted the shopping extravaganza. This year, between COVID-19-related crowd control and spiking e-commerce, Black Friday promises to be an even slighter shadow of its former self in terms …

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