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G-20 endorses global corporate minimum tax at Rome summit

  • Oct. 30, 2021, 3:42 p.m.
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U.S. President Joe Biden, bottom left, poses with other leaders for the family photo of the G20 summit at the La Nuvola conference center, in Rome, Saturday, Oct. 30, 2021. The two-day Group of 20 sum

via apnews.com

Facebook's Meta mission was laid out in a 2018 paper declaring 'The Metaverse is ours to lose'

  • Oct. 30, 2021, 2:42 p.m.
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Small toy figures are seen in front of displayed Facebook's new rebrand logo Meta in this illustration taken, October 28, 2021. Dado Ruvic | Reuters In June 2018, Oculus executive Jason Rubin sent an

via www.cnbc.com

Meta (Facebook) is buying Within, creators of the ‘Supernatural’ VR fitness app – TechCrunch

  • Oct. 30, 2021, 2:42 p.m.
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A day after Facebook’s rebranding as Meta (and simultaneous and unceremonious dropping of the Oculus brand), the company announced that it is acquiring Within. The Los Angeles firm is the developer of

via techcrunch.com

Nearly 1 in 3 adults get financial support from the bank of mom and dad post-Covid

  • Oct. 30, 2021, 1:42 p.m.
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Amid widespread job losses and sudden financial turmoil in 2020, many adults found a likely safety net: their parents. A year and a half later, nearly a third of millennials, between the ages of 25 a

via www.cnbc.com

US wages jump by the most in records dating back 20 years

  • Oct. 30, 2021, 10:42 a.m.
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FILE - In this Sept. 22, 2021, file photo, a hiring sign is placed at a booth for Jameson's Irish Pub during a job fair in the West Hollywood section of Los Angeles. California's historic hiring slowe

via apnews.com

Third Point, an activist investor, is calling for a breakup of Royal Dutch Shell.

  • Oct. 30, 2021, 7:42 a.m.
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Ms. Uhl conceded that “we haven’t done a good enough job” in explaining Shell’s strategy for shifting to cleaner energy, which involves using the cash from oil and gas to fund new greener businesses.

via www.nytimes.com

Exxon posts strongest results since 2017, vows to resume share buybacks

  • Oct. 30, 2021, 5:42 a.m.
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Summary Exxon vows to start $1.2 bln quarterly buybacks in 2022 Savings from restructuring, higher prices lift results Company to spend more on carbon-reduction businesses Oct 29 (Reuters) - Exxon

via www.reuters.com

Wizz Air top executive ousted for secret share trading

  • Oct. 29, 2021, 6:42 a.m.
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Wizz Air’s chief supply chain officer has been fired after an investigation by regulators found that he had been secretly trading shares in the FTSE 250-listed airline for more than a year. Andras Se

via www.cityam.com

Volkswagen and Stellantis take financial hit amid chip shortage

  • Oct. 29, 2021, 5:42 a.m.
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The carmakers Volkswagen and Stellantis suffered financial hits in the third quarter of 2021 as the automotive sector continued to struggle with the global shortage of computer chips caused by coronav

via www.theguardian.com

When Performance Matters: Nasdaq-100 vs. S&P 500, Fourth Quarter '20

  • Oct. 29, 2021, 5:42 a.m.
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The Nasdaq-100 and S&P 500 are two of the most popular equity indexes in the U.S. The Nasdaq-100 is heavily allocated towards top performing industries such as Technology, Consumer Services, and Healt

via www.nasdaq.com

China’s Economic Planning Body Says Coal Prices Could Fall More

  • Oct. 29, 2021, 5:42 a.m.
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(Bloomberg) -- Coal prices in China have room for further declines, the country’s supreme economic planner said on its official Wechat account on Friday, citing a recent survey it conducted on product

via www.bnnbloomberg.ca

Apple blames chip shortages and slow supply chain for disappointing quarter

  • Oct. 29, 2021, 5:42 a.m.
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Apple shares slid slightly on Thursday after the company announced lower than expected revenue in the fourth quarter of 2021. The company posted a quarterly revenue of $83.4bn, up 29% year over year

via www.theguardian.com

EU opens formal investigation into Nvidia’s Arm acquisition

  • Oct. 28, 2021, 12:42 p.m.
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The European Commission has opened a formal competition investigation into Nvidia’s acquisition of chip designer Arm. The deal, which would see Nvidia purchase the UK-based company from SoftBank for $

via www.theverge.com

Third of Chinese developers could face debt problems as Evergrande contagion grows – report

  • Oct. 28, 2021, 9:42 a.m.
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One third of China’s property developers will struggle to repay their debts in the next 12 months, according to a new report, as the sector reckons with increasingly serious headwinds from falling sal

via www.theguardian.com

Facebook tells staff to preserve documents amid heated inquiries

  • Oct. 28, 2021, 5:42 a.m.
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On Tuesday, Facebook told its employees to preserve internal documents and communications for legal reasons, as governments and regulators have opened inquiries into its operations amid an onslaught o

via www.theguardian.com

Boeing loses $132m in third quarter and warns of $1bn in 787 costs

  • Oct. 28, 2021, 5:42 a.m.
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Boeing’s commercial aviation business lost nearly $700 million in the third quarter, a period during which the airframer delivered no 787s while continuing to build them at a reduced rate of two per m

via www.flightglobal.com

Santander profits soar as UK mortgage lending keeps growing

  • Oct. 28, 2021, 5:42 a.m.
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Profits at Santander UK more than quadrupled in the three months to the end of September, as the bank benefited from further growth in mortgages and improving economic conditions. The bank, which is

via www.theguardian.com

Emotional signs are the latest way businesses are addressing supply-chain issues and labor shortages

  • Oct. 28, 2021, 4:42 a.m.
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Many business owners are dealing with unruly customers who balk at mask mandates or long wait times. Some have posted signs asking for patience while they deal with challenges such as labor shortages

via www.businessinsider.com

Third Point takes $750m Shell stake and calls for break-up of energy giant

  • Oct. 27, 2021, 9:42 p.m.
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Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Shell is under pressure to break up after activist hedge fund Third Poi

via www.energyvoice.com

Robinhood drops 10% to below IPO price as investors worry about bleak outlook

  • Oct. 27, 2021, 3:42 p.m.
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Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Robinhood sh

via www.cnbc.com

US firm DraftKings abandons takeover bid for Ladbrokes owner Entain

  • Oct. 27, 2021, 1:42 p.m.
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A $22.4bn (£16.2bn) takeover of Entain, the owner of Ladbrokes, by the US fantasy sports and gambling company DraftKings will not go ahead, after the prospective buyer’s interest in a deal cooled. In

via www.theguardian.com

‘Buy it when you see it.’ Retailers dread holiday shortages

  • Oct. 27, 2021, noon
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NEW YORK — The Perfect Pigg, a gift shop owned by Ginger Pigg, is the go-to place for residents of Cumming, Georgia, to pick up gift items like kids toys and home goods. But this year, store shelves

via www.tampabay.com

Google parent Alphabet posts revenues of $65bn as ads move online

  • Oct. 27, 2021, 10:42 a.m.
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Google parent Alphabet continued big tech’s profitable march through earnings season, reporting third-quarter results that exceeded Wall Street’s expectations and a near doubling in profits as adverti

via www.theguardian.com

Microsoft smashes earnings expectations with strong cloud performance

  • Oct. 27, 2021, 9:42 a.m.
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Microsoft (MSFT) reported its fiscal Q1 2022 earnings after the closing bell on Tuesday, easily beating analysts' expectations on the top and bottom line, with cloud revenue up 36% year-over-year. The

via finance.yahoo.com

Chinese Telecommunications Firm Loses Authority to Operate in US

  • Oct. 27, 2021, 5:42 a.m.
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The U.S. Federal Communications Commission has revoked permission for China Telecom a Chinese state-owned telecommunications company, to operate in the United States, citing national security concerns

via www.voanews.com

Our investment in Appwrite

  • Oct. 27, 2021, 3:42 a.m.
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Leading-edge software developers are amazing – yet incredibly demanding – early adopters. For products and platforms that increase development velocity, remove complexity, and drive performance and sc

via hazardlights.net

FBI Raids Chinese Point-of-Sale Giant PAX Technology – Krebs on Security

  • Oct. 26, 2021, 10:42 p.m.
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U.S. federal investigators today raided the Florida offices of PAX Technology, a Chinese provider of point-of-sale devices used by millions of businesses and retailers globally. KrebsOnSecurity has le

via krebsonsecurity.com

S&P 500 hits record high on tech strength, earnings cheer

  • Oct. 26, 2021, 2:42 p.m.
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 21, 2021. REUTERS/Brendan McDermid Summary GE rises on lifting 2021 earnings forecast UPS tops S&P 500

via www.reuters.com

France's Thales maintains 2021 targets as Q3 sales slip

  • Oct. 26, 2021, 1:42 p.m.
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The logo of French defence and electronics group Thales is seen at the company's headquarters in Merignac near Bordeaux, France, March 22, 2019. REUTERS/Regis Duvignau PARIS, Oct 26 (Reuters) - Frenc

via www.reuters.com

Blockchain firm to buy control of crypto trading Gibraltar stock exchange

  • Oct. 26, 2021, 1:42 p.m.
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Gibraltar is a British Overseas Territory on Spain’s south coast. It’s dominated by the Rock of Gibraltar, home of the famed Barbary apes A cryptocurrency company is to buy the Gibraltar Stock Exchan

via www.thetimes.co.uk

Employers Have Been Offering the Wrong Office Amenities

  • Oct. 26, 2021, 12:42 p.m.
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About the author: Joseph Allen is an associate professor at the Harvard T. H. Chan School of Public Health and the director of its university’s Healthy Buildings program. He is a co-author of the book

via www.theatlantic.com

Britain to raise minimum wage to 9.50 pounds a hour

  • Oct. 26, 2021, 11:42 a.m.
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Pound Sterling notes and change are seen inside a cash resgister in a coffee shop in Manchester, Britain, Septem,ber 21, 2018. REUTERS/Phil Noble/File Photo LONDON, Oct 25 (Reuters) - Britain will an

via www.reuters.com

Aramco Warns World’s Spare Oil Supplies Are Falling Rapidly

  • Oct. 26, 2021, 9:42 a.m.
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(Bloomberg) -- Saudi Aramco said oil-output capacity across the world is dropping quickly and companies need to invest more in production. Most Read from Bloomberg It’s a “huge concern,” Chief Execu

via finance.yahoo.com

Amazon warehouse workers in New York file for a union vote

  • Oct. 26, 2021, 7:42 a.m.
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NPR > Business Amazon warehouse workers in New York have taken their first formal step toward unionization on Monday. Organizers from Amazon's Staten Island facilities say they've collected some 2,0

via text.npr.org

South Dakota Has 3rd Highest Number of Workers Quitting Jobs

  • Oct. 25, 2021, 9:42 p.m.
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This phenomenon of people quitting their jobs and staying quit has been given an official title: The Great Resignation or if you'd prefer - The Big Quit. According to the Bureau of Labor Statistics w

via 973kkrc.com

Tesla breaks $1tn valuation barrier after Hertz orders 100,000 vehicles

  • Oct. 25, 2021, 12:42 p.m.
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Tesla’s market value has broken through the $1tn mark for the first time after the US electric car pioneer received an order for 100,000 of its vehicles from the rental company Hertz. The carmaker’s

via www.theguardian.com
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