3 mn read

Key members of OPEC+ alliance are putting off production increases amid slack crude prices

Posted in Business

3 mn readEight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off increasing oil production as they face weaker than expected demand and competing production from non-allied countries — factors that could keep oil prices stagnant into next year. The OPEC+ members decided at an online meeting to postpone production increases that […]

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3 mn read

European satellites launched to create artificial solar eclipses in a tech demo

Posted in Business

3 mn readA pair of European satellites rocketed into orbit Thursday on the first mission to create artificial solar eclipses through fancy formation flying in space. Each fake eclipse should last six hours once operations begin next year. That’s considerably longer than the few minutes of totality offered by a natural eclipse here on Earth, allowing for […]

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2 mn read

Housing lottery launches for 60 units at Trylon Tower in Rego Park, rent starts at $828

Posted in Business

2 mn readNew York City has launched a housing lottery for 60 units at Trylon Tower, a 16-story residential development in Rego Park. Located at 98-81 Queens Blvd., Trylon Tower features 170 residential units, with 110 offered at market rate. Of the 60 remaining units, 17 have been designated for individuals earning 40% of the area median […]

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2 mn read

Despite previous threats, slain UnitedHealthcare CEO Brian Thompson didn’t travel with security

Posted in Business

2 mn readThe health insurance CEO gunned down in front of a busy New York City hotel on Wednesday didn’t travel with any personal security detail, officials said, despite known threats against him. A masked gunman fatally shot UnitedHealthcare chief Brian Thompson, 50, in a “premeditated, preplanned targeted attack” outside the New York Hilton Midtown on Sixth […]

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3 mn read

U.S. officials urge Americans to use encrypted apps amid unprecedented cyberattack

Posted in Business

3 mn readAmid an unprecedented cyberattack on telecommunications companies such as AT&T and Verizon, U.S. officials have recommended that Americans use encrypted messaging apps to ensure their communications stay hidden from foreign hackers. The hacking campaign, nicknamed Salt Typhoon by Microsoft, is one of the largest intelligence compromises in U.S. history, and it has not yet been fully […]

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2 mn read

Popular Mexican restaurant set to return, 20 years after closing all US locations

Posted in Business

2 mn readTwenty years after closing all of its locations due to bankruptcy and a foodborne illness outbreak, a popular Mexican restaurant is looking to make a comeback. Hormel Foods, who owns the trademark, worked out a deal to bring Chi-Chi’s back to life after every location closed in 2004. The son of the founder of Chi-Chi’s, […]

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