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Texas man spent $1.6 million in PPP loans on cars, a Rolex and clubs. He's been sentenced to more than 9 years in prison.

  • Nov. 30, 2021, 6:42 p.m.
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A 30-year-old Texas man has been sentenced to 9 years and 2 months in prison for fraudulently acquiring more than $1.6 million in funds through the government's coronavirus pandemic Paycheck Protectio

via www.cbsnews.com

Robinhood, others win dismissal of meme stock 'short squeeze' lawsuit

  • Nov. 30, 2021, 11:42 a.m.
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The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. REUTERS/Andrew Kelly Nov 18 (Reuters) - (This Nov. 18 story

via www.reuters.com

Amazon and Target play an 'outsized role' in California port congestion compared to competitors Ikea and Walmart, new study says

  • Nov. 30, 2021, 9:42 a.m.
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Amazon and Target play an 'outsized role' in California port congestion and pollution, a new study says. 95% of Target's US imports come into West Coast ports, the Ship It Zero coalition found. The

via www.businessinsider.com

Bank facing fine for 'charging thousands of dead people financial advice fees'

  • Nov. 30, 2021, 8:42 a.m.
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Australia's third-largest banking group has revealed it is facing a fine for a string of alleged regulatory failures including charging financial advice fees to thousands of dead customers. Westpac s

via news.sky.com

Amazon workers in Alabama to get another union election

  • Nov. 30, 2021, 8:42 a.m.
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A new union election for Amazon workers in Bessemer, Alabama, will be held based on objections to the first vote that took place in April. The move is a major blow to Amazon, which had spent about a

via www.theguardian.com

If American workers want to secure the gains made by the Great Resignation and make sure the economy works for all of us, then we'll need more unions

  • Nov. 30, 2021, 2:42 a.m.
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To build a strong economic recovery, we need to make it easier for workers to bargain. Workers want unions because it's the key to better jobs that provide protection and living wages. Workers acros

via www.businessinsider.com

Lego gives its 20,000 employees three days extra holiday after profits rise 140%

  • Nov. 29, 2021, 11:42 p.m.
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Lego, the world’s largest toymaker, has awarded its 20,000 employees three extra days of holiday and a special bonus after a year of bumper revenues. The succession of pandemic-forced lockdowns has s

via www.theguardian.com

Twitter market value jumps more than $4 billion on news Jack Dorsey is stepping down as CEO; gains since erased

  • Nov. 29, 2021, 12:42 p.m.
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Jack Dorsey. MARCO BELLO/AFP via Getty Images Twitter stock jumped as much as 11% on news CEO Jack Dorsey is stepping down. Parag Agrawal, who has been Twitter's CTO since 2017, will be the company'

via markets.businessinsider.com

Meta's acquisition of Giphy is set to be blocked by an antitrust regulator, report says

  • Nov. 29, 2021, 10:42 a.m.
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The UK's antitrust regulator is set to block Meta's acquisition of Giphy, sources told the Financial Times. Meta — formerly Facebook — announced in May 2020 that it was acquiring Giphy. The regulato

via www.businessinsider.com

Jack Dorsey is stepping down as CEO of Twitter

  • Nov. 29, 2021, 8:42 a.m.
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(CNN) Jack Dorsey, the cofounder and public face of Twitter, will step down from his role as CEO, effective immediately, the company announced Monday. Dorsey will remain a member of Twitter's board un

via www.cnn.com

Twitter CEO Jack Dorsey to step down - source

  • Nov. 29, 2021, 7:42 a.m.
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By Greg Roumeliotis (Reuters) -Twitter Inc Chief Executive Officer Jack Dorsey will step down from his role and a successor has been lined up, a person familiar with the matter told Reuters. The com

via finance.yahoo.com

Xiaomi to open car plant in Beijing with annual output of 300,000 vehicles - Beijing govt

  • Nov. 29, 2021, 1:42 a.m.
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The Xiaomi logo is seen at a Xiaomi shop in Shanghai, China May 12, 2021. REUTERS/Aly Song/File Photo SHANGHAI, Nov 27 (Reuters) - Chinese smartphone giant Xiaomi Corp (1810.HK) will build a plant th

via www.reuters.com

U.S. stock futures, oil regain some ground after Omicron battering

  • Nov. 28, 2021, 6:42 p.m.
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A man wearing a protective face mask amid the coronavirus disease (COVID-19) outbreak, looks at an electronic board displaying Japan's Nikkei Index outside a brokerage in Tokyo, Japan, September 24, 2

via www.reuters.com

The supply-chain crisis is 'shifting the perception of used' as shoppers turn to secondhand goods amid shipping delays and shortages

  • Nov. 28, 2021, 2:42 p.m.
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The secondhand economy is getting a boost from the supply-chain crisis. Sellers told Insider that more people are willing to buy used goods than before — from couches to holiday gifts. One Poshmark

via www.businessinsider.com

Customers' willingness to pay higher prices is destroying one of the biggest arguments companies have to not raise wages

  • Nov. 28, 2021, 1 p.m.
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Customers don't seem to mind paying higher prices as companies hike up staff pay. Companies from Nestlé to Chipotle have been raising prices to offset higher wages and rising costs. "We have not see

via www.businessinsider.com

Thanksgiving box office tops $142 million as moviegoers return for 'Encanto,' 'House of Gucci'

  • Nov. 28, 2021, 12:42 p.m.
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While the Thanksgiving box office didn't deliver the typically strong results that the movie theater industry has come to expect in the last decade, ticket sales for new titles fueled confidence that

via www.cnbc.com

Proud Boys terrorize Small Business Saturday shoppers on Long Island

  • Nov. 28, 2021, 12:42 p.m.
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About 20 members of the far-right Proud Boys militia group marched Saturday on Long Island — flashing white power signs, entering stores and shouting slogans. The march took place in the Village of R

via www.salon.com

The US is getting another startup airline, California-based Airbahn

  • Nov. 28, 2021, 9:42 a.m.
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California-based startup Airbahn received its first Airbus A320 aircraft on Wednesday. The company has teased its launch on social media for months and has job listings posted on its website. The co

via www.businessinsider.com

Indian Tells Starlink to Stop Selling Internet Without License

  • Nov. 28, 2021, 5:42 a.m.
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The Indian government didn’t mince words in a recent message to Elon Musk’s Starlink: Get a license before offering satellite internet services in the country. Advertisement In a press release on Fr

via gizmodo.com

The End of Trust

  • Nov. 27, 2021, 4:42 p.m.
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Albert Tercero Manufacturer inventories. Durable-goods orders. Nonfarm payrolls. Inflation-adjusted GDP. These are the dreary reportables that tell us how our economy is doing. And many of them look

via www.theatlantic.com

Every auto startup wants to be the next Tesla. Why these 2 may have a real shot

  • Nov. 27, 2021, 10:42 a.m.
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Every auto startup wants to be the next Tesla. Why these 2 may have a real shot Enlarge this image toggle caption Elliot Ross/Courtesy of Rivian/Courtesy of Lucid Motors Elliot Ross/Courtesy of Rivia

via www.npr.org

Uber to shutter most of its service in Belgium tomorrow after court ruling – TechCrunch

  • Nov. 27, 2021, 9:42 a.m.
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Uber to shutter most of its service in Belgium tomorrow after court ruling Uber will halt its ride-hailing service in most of Belgium tomorrow following a court ruling Wednesday that extends a 2015 o

via techcrunch.com

Oil settles down $10/bbl in largest daily drop since April 2020

  • Nov. 27, 2021, 8:42 a.m.
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Oil barrels are pictured at the site of Canadian group Vermilion Energy in Parentis-en-Born, France, October 13, 2017. REUTERS/Regis Duvignau Summary New coronavirus variant detected in South Africa

via www.reuters.com

U.S. Manufacturing costs are almost as low as China’s

  • Nov. 27, 2021, 5:42 a.m.
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The new Omicron covid variant is a stark reminder that we are still in the depths of the pandemic

via fortune.com

'No good for anyone': Portugal's new 'game changer' remote work law panned by critics

  • Nov. 27, 2021, 3:42 a.m.
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Portugal’s new law on working from home makes the European Union country sound like a workers’ paradise. Companies can’t attempt to contact their staff outside working hours. They must help staff pay

via www.euronews.com

Eni sells Snam 49.9% stake in Algeria gas pipelines for 385 mln euros

  • Nov. 27, 2021, 2:42 a.m.
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Eni's logo is seen in front of its headquarters in San Donato Milanese, near Milan, Italy, April 27, 2016. REUTERS/Stefano Rellandini/File Photo MILAN, Nov 27 (Reuters) - Italian energy group Eni (EN

via www.reuters.com

2021 News items - General Council decides to postpone MC12 indefinitely

  • Nov. 26, 2021, 7:42 p.m.
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The 12th Ministerial Conference (MC12) was due to start on 30 November and run until 3 December, but the announcement of travel restrictions and quarantine requirements in Switzerland and many other E

via www.wto.org

Shoppers seek Black Friday deals, despite inflation and supply chain woes

  • Nov. 26, 2021, 6:42 p.m.
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Shoppers across the nation flocked to malls and major retailers Friday in search of "Black Friday" deals. About 158 million people were expected to shop in stores or online between Thursday and the en

via www.axios.com

Tesla decides against state aid for German battery plant as Musk opposes subsidies

  • Nov. 26, 2021, 1:42 p.m.
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A view shows the entrance to the construction site of the future Tesla Gigafactory in Gruenheide near Berlin, Germany, August 12, 2021. REUTERS/Hannibal Hanschke/File Photo Summary Tesla withdraws ap

via www.reuters.com

Dow sinks by 800 points as new COVID-19 variant triggers market sell-off

  • Nov. 26, 2021, 9:42 a.m.
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U.S. stocks dropped sharply on Friday as a new, fast-spreading COVID-19 variant detected in South Africa triggered fresh fears that a resurgent coronavirus could scuttle the global economy's recovery

via www.foxbusiness.com

Google to pay £183m in back taxes to Irish government

  • Nov. 26, 2021, 6:42 a.m.
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Google’s Irish subsidiary has agreed to pay €218m (£183m) in back taxes to the Irish government, according to company filings. The US tech company, which had been accused of avoiding hundreds of mill

via www.theguardian.com

The best Black Friday week advice: ‘Buy what’s in stock’

  • Nov. 26, 2021, 5:42 a.m.
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Are you feeling it, shoppers? This could be the strongest holiday season for sales in more than 20 years. That’s what the experts are predicting about consumer demand as the jobless rate is down, job

via www.dallasnews.com

Why This Dating App Is Paying All Employees an $80,000 Minimum Salary

  • Nov. 26, 2021, 5:42 a.m.
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Feeld is a dating app that puts being progressive at the heart of what it does. For its chief executive Ana Kirova, that’s an approach she aims to bring to the way the business values its employees.

via time.com

From Peloton to Poshmark, an analysis of Q3 earnings calls shows how Apple's privacy changes have forced advertisers switch up their marketing

  • Nov. 25, 2021, 1 p.m.
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Apple's recent privacy update has caused widespread disruption in the mobile ad market. Several companies mentioned the iOS 14.5 update to their businesses on their latest earnings calls. An analysi

via www.businessinsider.com

Comcast considers moving some content to Peacock from Hulu: Report

  • Nov. 25, 2021, 10:42 a.m.
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Comcast Corp's NBCUniversal is planning to unplug much of its content from Walt Disney's Hulu and make it exclusive to its subscription service, Peacock, the Wall Street Journal reported on Monday (No

via www.channelnewsasia.com

Impossible Foods raises $500 mln in funding round led by Mirae

  • Nov. 25, 2021, 9:42 a.m.
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Impossible Foods plant-based beef products seen inside a refrigerator at the meat section of a chain supermarket in Hong Kong, China, October 20, 2020. REUTERS/Lam Yik Nov 23 (Reuters) - Impossible F

via www.reuters.com
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