Here’s what you need to know: A steel mill in Hefei, China. In the past few weeks, expectations of a global economic recovery have pushed the price of iron ore, a key ingredient, higher, despite futures falling on Thursday.Recognition…Jianan Yu / Reuters US stocks were expected to fall when trading starts Thursday as investors continue … Read more
Here’s what you need to know: Video transcript Back transcript McConnell Opposes Commission to Investigate Capitol Riot Senator Mitch McConnell, the minority leader, said Wednesday that he opposed a bipartisan plan to create a 9/11-style commission to investigate the Jan. 6 insurrection at the U.S. Capitol. I’ve made the decision to oppose the House Democrats’ … Read more
Here’s what you need to know: Israeli warplanes targeted Gaza City on Monday morning.Credit…Mahmud Hams/Agence France-Presse — Getty Images Israeli warplanes unleashed a fierce air bombardment on Gaza City before dawn on Monday as Hamas militants in the coastal enclave continued to target towns in southern Israel with barrages of rockets, bringing the conflict into … Read more
Liquid Death, a four-year LA-based canned mountain water startup that has steadily gained market share and press coverage by amusingly promising to “kill your thirst,” has just raised $ 15 million to Series-C -Means applied. The round brings the company’s previous support to $ 50 million. The new funding – after a Series B round … Read more
Here’s what you need to know: Colonial Pipeline fuel tanks in Woodbridge, N.J. The company’s pipeline carries nearly half the fuel supplies for the East Coast.Credit…Colonial Pipeline/Via Reuters Gasoline prices rose as much as 4.2 percent early on Monday after a major petroleum pipeline in the United States was shut down over the weekend because … Read more
Here’s what you need to know: Although it is recovering, Uber is still losing money. Credit…Teresa Eng for The New York Times Uber said its business was recovering from the slowdown caused by the pandemic, although it continued to lose money. The company said on Wednesday that revenue was $2.9 billion in the first three months … Read more
Here’s what you need to know: President Biden spoke from the north lawn of the White House on Tuesday.Credit…Erin Scott for The New York Times President Biden is expected to propose giving the Internal Revenue Service an extra $80 billion and more authority over the next 10 years as he looks for ways to raise … Read more
Here’s what you need to know: People comforted a man infected with Covid-19 who was receiving oxygen while he waited outside a hospital for a bed in Delhi on Sunday.Credit…Atul Loke for The New York Times As a second wave of the pandemic rages in India, which set a global record new cases for the … Read more
Here’s what you need to know: Bill Gates during the White House climate summit meeting on Friday.Credit…Associated Press Bill Gates on Friday called for huge new public and private investment in innovation to meet President Biden’s and global goals for avoiding catastrophic climate change. “Just using today’s technologies won’t allow us to meet our ambitious … Read more
Here’s what you need to know: A man who died of complications from the coronavirus was being cremated in Mumbai on Wednesday.Credit…Atul Loke for The New York Times India’s rapidly worsening coronavirus outbreak is now expanding on a scale beyond any previously measured in more than a year of the pandemic: The health ministry reported … Read more