Business News
Earnings Results: PayPal cuts earnings outlook, but stock gains with new targets seen as 'achievable'
Market Watch - 28 Apr 2022 04:02
Shares of PayPal Holdings Inc. have taken a beating this year, but they were headed about 4% higher in after-hours trading Wednesday even as the payment-technology company cut its full-year outlook and revoked its medium...
: Megabanks have lost a quarter-trillion dollars in market value in 2022 stock swoon
Market Watch - 28 Apr 2022 19:10
Shares of JPMorgan, Goldman Sachs and other megabanks cool off on recession and interest rate jitters as inflation kicks in and deal-making hits the brakes.
How Tencent is building a global game production system
Venture Beat - 28 Apr 2022 17:15
Rather than absorbing the studios they acquire, Tencent aims to partner with them to achiever their growth objectives.
Southwest Airlines posts a loss but expects revenues to rise as air travel picks up.
The New York Times - 28 Apr 2022 15:52
The airline reported a $278 million loss in the first three months of the year.
Bernie Sanders pushes back on Romney's comments bashing student-loan forgiveness: 'I know he thinks corporations are people, but does he know people are people?'
Business Insider - 29 Apr 2022 00:07Climate Change Could Spark Future Pandemics, Study Finds
Forbes - 28 Apr 2022 21:28G/O Media Buys Business Site Quartz
The New York Times - 28 Apr 2022 17:00
The deal is the latest in a wave of consolidation among digital publishers.
Metals Stocks: Gold struggles for direction after drop in U.S. gross domestic product
Market Watch - 28 Apr 2022 16:59
Gold futures trade near unchanged Thursday after ending the previous session at a two-month low, finding support after data showed the U.S. economy contracted in the first quarter.
Google Extends User Controls for Limiting Ads in Categories like Pregnancy and Parenting
AdWeek - 28 Apr 2022 16:00
In response to high demand from its users, Google is extending categories for users to control what ads they do and don't want to see. Now, people using YouTube or Google can go to their Google Account dashboard and lowe...
Meta shares soar after hours on increase in Facebook daily users
New York Post - 28 Apr 2022 03:18
Facebook parent Meta's first quarter profit and its count of daily users jumped past Wall Street's expectations despite the company's slowest revenue growth since going public a decade ago. Shares were up sharply in afte...
Judge Rules Elon Musk Didn't Act Unlawfully in SolarCity Takeover
Wall Street Journal - 28 Apr 2022 03:08Famed Whistleblower Edward Snowden Reveals He Took Part in the Zcash Launch Ceremony
Bitcoin.com - 28 Apr 2022 23:30
Edward Snowden, the well-known whistleblower and former computer intelligence consultant who exposed the Five Eyes Intelligence Alliance, has revealed he took part in the Zcash creation ceremony. Snowden says that during...
International Living: 10 reasons to consider retiring in the "poor man's Provence"
Market Watch - 28 Apr 2022 22:56
Occitanie has all the features that draw hordes of visitors to Provence, but it's less discovered, less touristy, and less expensive.
Why Israel Became A Safe Haven For Russian Billionaires
Forbes - 28 Apr 2022 21:11FDA Proposes Ban On Menthol Cigarettes And Flavored Cigars
Forbes - 28 Apr 2022 20:46Richard Bartle and Richard Garriott: How humans should treat advanced AI characters
Venture Beat - 28 Apr 2022 19:40
Richard Bartle and Richard Garriott talked at GamesBeat Summit 2022 about being new citizens of the metaverse.
The Case for Taking the 'G' Out of ESG
Wall Street Journal - 28 Apr 2022 19:00
Why governance isn't a good way to measure a company's commitment to stakeholders.
Open source NLP company Deepset nabs $14M to power 'plain-English' enterprise search
Venture Beat - 28 Apr 2022 17:00
Deepset has built an open source NLP framework called Haystack, which helps companies build pipelines to power plain-English data queries.
U.S. Economy Shrank in First Quarter
Wall Street Journal - 28 Apr 2022 16:50Unilever's Activist Truce Should Hold for Now
Wall Street Journal - 28 Apr 2022 16:47
Activist investor Nelson Peltz has remained in the background so far and the company's latest results should help to keep it that way.
Earnings Outlook: Amazon earnings preview: Analysts anticipate Prime Day will take place in Q3
Market Watch - 28 Apr 2022 16:47
Amazon is scheduled to report first-quarter earnings on Thursday and Credit Suisse analysts now anticipate that Prime Day will be in the third quarter instead of the second