Business News

AM Business Notebook

>>Biden Urges Lawmakers To Pass Ukraine Aid Bill 

(Washington, DC)  --  President Biden is is urging Congress to pass a foreign aid package that includes funding for Ukraine and Israel.  Biden used a joint appearance with Speaker Mike Johnson on Capitol Hill Friday to call on the House to "do their part" in passing a 95-billion-dollar supplemental aid package that cleared the Senate last month.  The legislation has yet to come up for a vote in the House.  Biden said it will send a clear message to the world that "America stands up for freedom." 

 

>>Biden Campaign Raises over $53B In February

(Washington, DC)  --  President Biden's re-election campaign raised over 53-million dollars in February.  The Biden campaign released new figures today that show about one-point-three-million donors have made nearly three-point-four-million contributions, and that 97-percent of those donations were under 200 dollars.  The figures show Biden raised about ten-million dollars in the 24 hours following his State of the Union address.  Biden's campaign manager said, "The stakes of this election couldn't be higher for the future of this country."

 

>>HHS Investigating Cyberattack

(Washington, DC)  --  The Department of Health and Human Services is investigating a recent cyberattack against UnitedHealth Group.  Last month, a subsidiary of UnitedHealth fell victim to a ransomware attack that disrupted billing operations for patients across the country.  A survey found more than 80-percent of hospitals say their cash flow was directly affected by the cyberattack.  HHS announced it would launch an investigation ""Given the unprecedented magnitude" of the attack. 

 

>>Target Making Changes To Self-Checkout Lanes

(Undated)  --  Target is making some changes to its self-checkout policy.  The retailer announced its putting a cap on the number of items shoppers can have at self-checkout, a move that has "plenty of justification," according to marketing professor Mike Porter.  He says some people don't like self check-out and will appreciate the new item limits. Target says it wants to speed up the process by limiting shoppers at self-checkout to ten items.  More lanes that are staffed with employees will be opening up to help those who have fuller carts.  The "Express Self-Checkout" lanes will hit most target stores on Sunday.  Porter says this decision could be related to store theft, although Target didn't say that was a reason for the change.

 

>>McDonald's Confirms Global Outage

(Undated)  --  McDonald's has been hit by a system failure impacting restaurants across the globe.  McDonald's said in a statement this morning that it was aware of "a technology outage" that forced the closure of many locations, but insisted it was not caused by a cybersecurity event.  Stores were left unable to handle customers and online and app orders were disrupted in countries as far apart as here in the United States to Australia, Japan, and the United Kingdom.  The company's statement went on to say that the issue is "now being resolved."

 

>>"Kung Fu Panda 4" Edges "Dune: Part Two"

(Hollywood, CA)  --  Po the Dragon Warrior's toughest opponent may actually be a science fiction movie.  "Kung Fu Panda Four" edged out "Dune: Part Two" by less than a million-dollars for the top spot in this weekend's box office.  "Kung Fu Panda Four" took in an estimated 30-million-dollars in its second week in theaters, while "Dune: Part Two" brought home 29-point-one-million in its third week.  The Mark Wahlberg film "Arthur the King" opened in third-place with seven-point-five-million-dollars.

 

On Air Now

RMWorldTravel with Robert & Mary Carey and Rudy Maxa
7:00am - 9:00am
RMWorldTravel with Robert & Mary Carey and Rudy Maxa

FlashAlert

KBND ON FACEBOOK

News Disclaimers