Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Today in business news: Stocks are having a post-election rager, Janet Yellen testifies on Capitol Hill, and Bed Bath & Beyond drops MyPillow. Let’s get into it. THE BIDEN BUMP It’s…… MORE
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DOJ closes insider trading investigation into Sen. Richard Burr
The Justice Department has notified Republican Sen. Richard Burr of North Carolina that it has closed the insider trading investigation into him. “Tonight, the Department of Justice informed me that it has concluded its review of my personal financial transactions conducted early last year,” Burr said in a statement. “The case is now closed. I’m…… MORE
Civil rights leaders hope Biden can heal the nation through action
When President-elect Joe Biden delivers his inauguration speech Wednesday, civil rights leaders are hoping for more than just promises, but a plan of action for racial healing. Biden will be entering the presidency at a time when the nation is divided after White rioters stormed the US Capitol on Jan. 6 in their refusal to…… MORE
Group of House conservatives pushing to oust Liz Cheney, an effort Republican aides still view as a long shot
A group of House conservatives is pushing to challenge Liz Cheney‘s role as conference chairwoman, trying to force a special meeting to discuss her future as the No. 3 House Republican. In a draft of the petition, which was obtained by CNN, conservatives are calling on Cheney for a special meeting “to discuss a resolution…… MORE
Biden transition team denies outgoing acting defense secretary transitional office space
The Biden transition team has declined to give outgoing acting Defense Secretary Christopher Miller office space and resources for his transition out of the role, according to a Biden transition official. In the past it has been a courtesy to provide transitioning office space and resources to departing secretaries of defense. “Given Mr. Miller’s acting…… MORE
A 99-million-year-old beetle shines light on the evolution of glowing insects
Bioluminescent insects have long fascinated scientists, but little is known about how these animals got their light abilities. A 99-million-year-old beetle recently discovered by researchers, however, unlocks a piece of the evolutionary puzzle, according to a study published in The Royal Society journal. The beetle, known by its Latin name Cretophengodes, was found fossilized in…… MORE
Hiland Dairy recalls batch of chocolate milk, saying it may contain food-grade sanitizers
A batch of chocolate milk has been recalled after it was discovered that some could contain food-grade sanitizers. Hiland Dairy is recalling half-pint, 1% low fat, chocolate milk, sold in small cartons, produced in Norman, Oklahoma, the company said in an announcement. Consuming food-grade sanitizers could cause illness. Affected products were distributed to these areas,…… MORE
Baseball Hall of Famer Don Sutton dead at 75
Hall of Fame baseball player Don Sutton died Monday night at the age of 75, his son tweeted Tuesday. “Saddened to share that my dad passed away in his sleep last night. He worked as hard as anyone I’ve ever known and he treated those he encountered with great respect…and he took me to work…… MORE
Trump administration leaves Biden with ‘confusing’ Covid-19 vaccine numbers and states in limbo
States across the country say they’re running low on coronavirus vaccine supply, with many officials insisting the vaccine delivery numbers reported by the Trump administration don’t align with what they are seeing on the ground. From New York to Tennessee to West Virginia, officials are clamoring for more doses of coronavirus vaccine. And officials in…… MORE
Major news outlets name women to lead coverage of the Biden White House
At least six major news networks have assigned women to lead White House coverage of the Biden administration, raising the profile of female journalists in an institution long dominated by men. CNN named Kaitlan Collins its chief White House correspondent, replacing Jim Acosta, who will be the anchor and chief domestic correspondent for the network.…… MORE
