Business News
Massive Gamestop Short Squeeze Highlights the Fragility of Today's Financial System
Bitcoin.com - 27 Jan 2021 22:30
The bigwigs trading stocks on Wall Street have been upset this week as billion-dollar hedge funds have been crippled by Redditors and memes. Not too long ago, the firm Gamestop’s shares were plummeting, and Wall Street...
Walgreens taps Starbucks executive as its new CEO
Chicago Tribune - 27 Jan 2021 04:31
Walgreens Boots Alliance has named Roz Brewer, former chief operating officer at Starbucks, as its new CEO.
The best ring lights in 2021
Business Insider - 27 Jan 2021 19:36Godiva Is Closing All Doors In U.S. And Canada Because Sales Dropped
Forbes - 27 Jan 2021 14:10Estée Lauder Flags Its Green Credentials In The Travel Channel
Forbes - 27 Jan 2021 04:34Raytheon fears Biden will cancel $500 million arms sale to Saudi Arabia, report says
Business Insider - 27 Jan 2021 03:12Researchers create new model to evaluate AI-generated navigation instructions
Venture Beat - 27 Jan 2021 19:30
In a paper, researchers at Google claim current benchmarks are insufficient for evaluating the quality of navigation instructions.
Is Vaxart Stock A Buy Ahead Of Phase 1 Data Readout?
Forbes - 27 Jan 2021 17:00GameStop rips as much as 130% higher after Elon Musk's 'Gamestonk' tweet extends the day-trading rally
Business Insider - 27 Jan 2021 14:03The Wall Street Journal: Goldman cuts CEO Solomon's pay by $10 million over 1MDB scandal
Market Watch - 27 Jan 2021 02:56
Goldman Sachs Group Inc. slashed Chief Executive David Solomon's 2020 pay by 36%, punishment for the bank's admission last year that it broke U.S. laws in its dealings with an investment fund at the heart of a global cor...
Bank of England Governor Warns Cryptocurrencies Won't Last
Bitcoin.com - 27 Jan 2021 02:15
The governor of the Bank of England, Andrew Bailey, believes that no existing cryptocurrencies will last. Talking about the design, governance, and arrangements of “a lasting digital currency,” the head of England’...
Prices at Trump's NYC buildings have plummeted in the latest sign that his name is 'radioactive'
Business Insider - 27 Jan 2021 20:30ByteDance slashes jobs in India amid ongoing TikTok ban
New York Post - 27 Jan 2021 19:24
TikTok parent ByteDance is slimming down its workforce in India, where the video-sharing app might be gone for good. The Beijing-based tech giant announced cuts to its more than 2,000-person India staff on Wednesday afte...
The best gardening and landscaping tools in 2021
Business Insider - 27 Jan 2021 23:59Fauci said 'macho guy' Trump saw masks as a 'sign of weakness' and many Americans followed his lead
Business Insider - 27 Jan 2021 22:28Trump left Biden $1 billion to spend on healthcare enrollment efforts, new report finds
Business Insider - 27 Jan 2021 20:00
Former President Donald Trump significantly reduced spending for enrollment efforts in the Affordable Care Act, leaving $1 billion in leftover funds.
Biden's banking picks shouldn't expect Yellen treatment
American Banker - 27 Jan 2021 19:25
The Senate's confirmation of Treasury Secretary Janet Yellen was notably bipartisan. But experts say congressional Republicans are poised to give nominees for the federal banking agencies heavier scrutiny.
Grazia USA Names Jillian Maxwell Chief Revenue Officer
AdWeek - 27 Jan 2021 19:11
Weekly fashion magazine Grazia USA, which launched stateside in October, has hired Jillian Maxwell as chief revenue officer. Maxwell, formerly executive director of international fashion at WSJ. Magazine, joins a team of...
Bitcoin has lost nearly $200 billion in market cap in just three weeks, as the token slips below $30,000
Business Insider - 27 Jan 2021 18:51
Bitcoin dropped below the important $30,000 resistance level briefly on Wednesday for the first time in three weeks, but recovered shortly after.
Production of AstraZeneca's COVID-19 vaccine was suspended after a suspicious package was sent to one of its largest plants
Business Insider - 27 Jan 2021 18:17Covid-19 Complacency Poses Potential Risk to Global Financial Stability, IMF Warns
Wall Street Journal - 27 Jan 2021 15:30Reddit Traders Made GameStop a $10 Billion Company
The New York Times - 27 Jan 2021 15:16
The stock has soared to scarcely believable levels, for unlikely reasons.