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Business

ProShares CEO Talks About Bitcoin Funds

By Stan Choe AP Business Writer NEW YORK — Bitcoin’s public profile grew six months ago when the first exchange-traded product tied to it hit the market. It took just two days for the fund, the ProShares Bitcoin Strategy ETF, to amass more than $1 billion. That’s even though the ...

Congress Seeks Compromise To Boost Computer Chip Industry

WASHINGTON (AP) — A global computer chip shortage has made it harder for consumers to get their hands on cars, computers and other modern-day necessities, so Congress is looking to boost chip manufacturing and research in the United States with billions of dollars from the federal ...

Local Manufacturer Looks For City ARPA Assistance

There is a new opportunity for furniture makers focused on making office desks. The new opportunity centers around remote workers who no longer – especially since the start of the COVID-19 pandemic – go to an office in a large commercial building to handle their business. Nowadays, office ...

Forget The Fed, Pay Off Credit Cards

By Sara Rathner NerdWallet The cost of everything keeps creeping up. And if you happen to have credit card debt, that’s about to get a bit more expensive too, thanks to a series of interest rate increases beginning this month. With inflation at its highest rate since the early 1980s , ...

Frontier CEO Talks About Travel Outlook

DALLAS — Barry Biffle is juggling his day job as CEO of Frontier Airlines while also working to save a proposed merger with Spirit Airlines that would create the nation’s fifth-biggest carrier by some measures. This figures to be a bounce-back year for airlines like Frontier that cater to ...

Once A Retail Giant, Kmart Nears Extinction After Closures

AVENEL, N.J. — The familiar sights and sounds are still there: the scuffed and faded floor tiles, the relentless beige-on-beige color scheme, the toddlers’ clothes and refrigerators and pretty much everything in between. There’s even a canned recording that begins, “Attention, Kmart ...