Business Blog

Trump to weaken environmental law to speed up permits for pipelines and other infrastructure

The Trump administration's new changes will decrease the number of infrastructure projects that will be subject to National Environmental Policy Act review, effectively shortening long permit processes that have historically delayed projects.
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These special tech stocks hit all three of the industry's mega trends, Jefferies says

The bank believes fintech, cloud solutions and artificial intelligence are the three best-performing themes.
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NBA says it's adding coronavirus testing resources in Florida, not taking them away

As the NBA restarts in the Orlando bubble, Covid-19 testing is frequent and results come quickly. The league has been criticized for taking away resources and supplies, but it says it's increasing resources.
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Facebook will launch a new section to debunk coronavirus myths

A sample screen suggests that Facebook will use the World Health Organization as a trusted source for information about Covid-19, and will include simple statements of fact like "Hydroxychloroquine hasn't been proven to cure, treat, or prevent it."
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The app financial traders are using to avoid a New York City tax during the coronavirus pandemic

Monaeo, a company that helps taxpayers track and store their location data to show to tax authorities, said its business has more than doubled in May and June over last year.
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Trump is running out of time to craft an economic agenda for reelection as Biden gains ground

President Trump has enjoyed a polling edge over Joe Biden on the economy, but that advantage is slipping away.
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