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Business News

Location American Business News for 3 February 2021

The Crossword: Wednesday, February 3, 2021

The New Yorker - 3 Feb 2021 13:00
Vacuum-cleaner sine qua non: seven letters.
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Google parent Alphabet spikes 7% after smashing 4th-quarter expectations on digital ad sales during the holiday shopping quarter Additional disclosure of the Cloud business is a further catalyst towards unlocking the investment case for Alphabet, an investment chief said.
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Apollo's Earnings Climb Despite Epstein-Related Turmoil

Wall Street Journal - 3 Feb 2021 14:01
The test will be whether Leon Black's recently announced decision to cede the CEO role will put to rest any investor concerns.
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Google's Clicks Cover Its Cloud

Wall Street Journal - 3 Feb 2021 21:56
Strong cash flow from a recovered ad business is underwriting steep cloud losses.
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Why Wall Street Is Betting On Tom Brady To Win The Super Bowl The principle behind the Super Bowl Indicator is simple: If the NFC team wins the Super Bowl, expect a bull market. Amazingly, the investing superstition as been correct 74% of the time.
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Figs Fights Lawsuit Over Scrubs Ads

Wall Street Journal - 3 Feb 2021 14:52
Figs Fights Lawsuit Over Scrubs Ads Medical-apparel startup Figs is battling a lawsuit from a competitor that takes aim at its flashy marketing, saying it has misled health-care workers with boasts about how its products help keep them safe.
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McConnell slams Democrats for using the same mechanism to force through COVID-19 stimulus that he used to pass the 2017 tax cut McConnell criticized the "partisan path" being taken by Democrats, though he has embraced the same approach when he was in the majority.
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SEC has said it's investigating whether brokers acted responsibly and whether the video game retailer's shares were manipulated.
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Why Is Workhorse Stock Rallying Again?

Forbes - 3 Feb 2021 14:00
Why Is Workhorse Stock Rallying Again? Workhorse Group stock has continued its strong run, rising by about 57% over the last 5 trading days. In fact, the stock is up by about 21% since our last update on January 28, when we indicated that the stock had more r...
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Feroz will bring experience "built across the global payments and fintech industry," BCB Group said.
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Hanwha to acquire $52M stake in crypto exchange Upbit's parent company Hanwha Investment and Securities reached an agreement to buy 2.06 million shares from Upbit operator Dumanu.
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Hackers Lurked in SolarWinds Email System for at Least 9 Months SolarWinds CEO Sudhakar Ramakrishna says hackers accessed at least one of the company's Office 365 accounts by December 2019, and then leapfrogged to other accounts used by the company.
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Report: Democrats Open To Capping Income For Stimulus Checks At $50,000 A Year For Individuals The limit for earlier checks was $75,000 a year.
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The Legacy That Jeff Bezos Is Leaving Behind At Amazon A look back at the pivotal moments in the making of an e-commerce giant.
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Andy Jassy will replace Jeff Bezos as Amazon CEO. Here are 5 things to know about him. Andy Jassy has been at Amazon for 24 years and is one of the highest-paid executives at the company, earning $36 million in 2016 alone.
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Tapiero is joined by Michael Dubilier and Stan Miroshnik.
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Judge Orders 'Q Shaman' To Get Organic Food After Weeklong Fast Jacob Chansley, who stormed into the U.S. Capitol building last month, has lost more than 20 pounds because his religious faith bars him from eating non-organic food, his lawyer says.
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'The Antisocial Network,' Book About GameStop, Is Sold to Hachette Group's Grand Central Publishing made a pre-emptive bid for Ben Mezrich's book about the trading frenzy surrounding GameStop shares.
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Drew Brees and Tom Brady top the list of the highest-paid NFL players of all time Eli Manning has retired as the highest-paid player in NFL history.
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GOP Sen. Rick Scott says Marjorie Taylor Greene spreading conspiracies about the Parkland shooting is 'wrong' and 'disgusting' Scott, who was the governor of Florida during the February 2018 mass shooting at Marjory Stoneman Douglas High School, condemned Greene.
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How to Move Long-Distance With a Pet Dog or Cat - Transportation Tips Moving long-distance is hard enough, and adding pets into the mix complicates an already challenging situation. How can you get your pets to another city, state, or country comfortably and with the least amount of stress...
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True Cost of Home Ownership - Total Expenses, Hidden Fees & Taxes Owning a home costs far more money than the average first-time home buyer realizes. Beyond dollars and cents, homeownership also comes with less tangible risks and downsides. Learn about the real costs and risks of ownin...
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