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Fed's Brainard: Can't wrap head around not having U.S. central bank digital currency

  • Aug. 1, 2021, 1:42 p.m.
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Federal Reserve Board Governor Lael Brainard speaks at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts, U.S., March 1, 2017. REUTERS/Brian Snyder July 30 (R

via www.reuters.com

Amazon hit with $886m fine for alleged data law breach

  • Aug. 1, 2021, 10:42 a.m.
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Amazon is by no means the first large company to fall foul of the EU's General Data Protection Regulation (GDPR), but this fine is the largest there has been since the law came into effect in 2018 - a

via www.bbc.com

The Week in Business: Robinhood Fizzled as Silicon Valley Sizzled

  • Aug. 1, 2021, 8:42 a.m.
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Image Credit... Giacomo Bagnara What’s Up? (July 25-31) Robinhood Goes Public Without a Bang Robinhood’s highly anticipated public offering fizzled on Thursday. Shares in the stock-trading start-up

via www.nytimes.com

Bezos loses appeal of NASA’s plans to use Musk moon lander

  • July 31, 2021, 10:42 p.m.
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This is an illustration provided by SpaceX shows the SpaceX Starship human lander design that will carry the first NASA astronauts to the surface of the Moon under the Artemis program. Jeff Bezos has

via apnews.com

AWS growing so fast its revenue makes it bigger than Cisco or HP

  • July 31, 2021, 6:42 p.m.
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Amazon.com has released its Q2 2021 earnings, and revealed that revenue from its cloud business Amazon Web Services has jumped 37 per cent to an annualised rate of $59 billion – a figure that takes it

via www.theregister.com

I’m Not Scared to Reenter Society. I’m Just Not Sure I Want To.

  • July 31, 2021, 2:42 p.m.
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This post-pandemic summer is evidently expected to be one long orgiastic reunion, after which, once that’s out of our system, it’s back to work, back to school, to what we used to call “normal.” And i

via www.theatlantic.com

U.S. Senate works on the weekend on $1 trln infrastructure bill

  • July 31, 2021, 12:42 p.m.
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FILE PHOTO: U.S. President Joe Biden delivers remarks on the economy from the White House in Washington WASHINGTON, July 31 (Reuters) - The U.S. Senate will continue work on Saturday on a bill that w

via finance.yahoo.com

Review: A deep new history of Tesla takes the shine off Elon Musk

  • July 31, 2021, 8:42 a.m.
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Elon Musk unveiling of the Tesla Model Y in Hawthorne in 2019. A new book doles out the credit and blame for the electric car's ups and downs. (Frederic J. Brown / AFP via Getty Images) Apple Chief E

via finance.yahoo.com

Lingerie chain Victoria’s Secret UK goes into liquidation

  • July 31, 2021, 6:42 a.m.
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V ictoria’s Secret UK has moved out of administration and into liquidation. The UK arm of the lingerie retailer went into administration last year. A spokesman for administrators Teneo said a judge

via www.standard.co.uk

How Games Workshop grew to become more profitable than Google

  • July 31, 2021, 5:42 a.m.
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It started in a small flat in west London, with three friends selling board games and a fanzine via mail order; now Games Workshop is worth more than Marks & Spencer and Asos and is more profitable th

via www.theguardian.com

Amazon fined record $887 million over EU privacy violations

  • July 31, 2021, 4:42 a.m.
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Now that Amazon’s Q2 earnings are in, it has submitted a 10-Q filing with the SEC that includes additional details like this eye-popping note about a fine imposed by Luxembourg’s National Commission f

via www.theverge.com

Jeff Bezos Loses $13.5 Billion After Amazon Disappointment

  • July 31, 2021, 4:42 a.m.
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© Bloomberg Amazon CEO Jeff Bezos Speaks At Air Force Association Air, Space & Cyber Conference (Bloomberg) -- Amazon.com Inc.’s weaker-than-expected second-quarter results has sent its founder’s for

via www.msn.com

Binance to end futures and derivatives product offerings in Europe

  • July 31, 2021, 3:42 a.m.
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Malaysia's Securities Commission has ordered Binance to disable its website and mobile apps in the country within two weeks. Photo: Reuters Binance, one of the world’s top cryptocurrency exchanges, a

via uk.finance.yahoo.com

Amazon faces more than slowing sales growth: it needs more warehouses

  • July 31, 2021, 3:42 a.m.
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Packages emblazoned with Amazon logos travel along a conveyor belt inside of an Amazon fulfillment center in Robbinsville, New Jersey, U.S., November 27, 2017. REUTERS/Lucas Jackson/File Photo July 3

via www.reuters.com

U.S. SEC says Chinese IPO hopefuls must provide additional risk disclosures

  • July 30, 2021, 5:42 p.m.
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(Reuters) -The U.S. securities regulator will not allow Chinese companies to raise money in the United States unless they fully explain their legal structures and disclose the risk of Beijing interfer

via www.reuters.com

Amazon predicts slower sales growth as Covid boost eases

  • July 30, 2021, 3:42 p.m.
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Mr Jassy said: "Over the past 18 months, our consumer business has been called on to deliver an unprecedented number of items, including PPE [personal protective equipment], food, and other products t

via www.bbc.co.uk

Didi: Chinese ride-hailing giant denies plans to go private

  • July 30, 2021, 12:42 p.m.
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The statement came in response to a Wall Street Journal report, which cited people familiar with the matter as saying Didi was considering delisting its share in the US as it faced increasing pressure

via www.bbc.co.uk

Johnson & Johnson Targeted Black Women With Products Linked To Cancer, Lawsuit Says

  • July 30, 2021, 12:42 p.m.
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Johnson & Johnson Targeted Black Women With Products Linked To Cancer, Lawsuit Says Enlarge this image toggle caption Frederic J. Brown/AFP via Getty Images Frederic J. Brown/AFP via Getty Images Ph

via www.npr.org

Robinhood has a muted stock market debut

  • July 30, 2021, 10:42 a.m.
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"We didn't build Robin Hood for the rich or those with decades of experience. We built it for everyone. We're humbled to be serving over 22 million people. And yet there's so much more to do," chief e

via www.bbc.co.uk

Steak-umm just schooled the internet on misinformation. Facebook, Twitter, and Google should take notes.

  • July 30, 2021, 6:42 a.m.
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Frozen meat company Steak-umm fired off a tweetstorm Thursday about, in part, misinformation. It also posted about cultural polarization, media literacy, and other topics. The likes of Facebook and

via www.businessinsider.com

Scarlett Johansson sues Disney over 'Black Widow' streaming release

  • July 30, 2021, 5:42 a.m.
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Johansson claims her agreement with Disney's Marvel Entertainment guaranteed an exclusive theatrical release for her solo film, and her salary was based, in large part, on the box-office performance.

via www.cnbc.com

Robinhood Has the Worst Debut Ever for IPO of Its Size

  • July 30, 2021, 5:42 a.m.
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(Bloomberg) -- Robinhood Markets Inc. wanted to make history with its initial public offering, and now it has -- for the wrong reason. Shares in the broker behind the meme-stock revolution fell 8.4%

via finance.yahoo.com

MacKenzie Scott and Melinda French Gates donate $40 million to gender equality projects

  • July 29, 2021, 2:42 p.m.
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MacKenzie Scott and Melinda French Gates partnered up Thursday to give away $40 million to four organizations that promote gender equality. The projects, which were awarded $10 million each, are focu

via www.nbcnews.com

Trevor Milton, founder of electric truck maker Nikola, charged with fraud

  • July 29, 2021, 12:42 p.m.
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New York federal prosecutors have charged Trevor Milton, the founder of the electric truck company Nikola, with engaging in an audacious scheme to defraud investors, according to an indictment unseale

via www.nbcnews.com

UK watchdog demands 40% women in boardrooms, ethnic diversity

  • July 29, 2021, 8:42 a.m.
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Skyscrapers in The City of London financial district are seen in London, Britain, September 14, 2020. REUTERS/Hannah McKay/File Photo LONDON, July 28 (Reuters) - Britain's financial regulator demande

via www.reuters.com

Grand jury indicts Trevor Milton, founder of electric carmaker Nikola, on three counts of fraud

  • July 29, 2021, 7:42 a.m.
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CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy

via www.cnbc.com

Gun-Maker Offers Sandy Hook Families $33 Million. Here's What They May Be Considering

  • July 29, 2021, 6:42 a.m.
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Gun-Maker Offers Sandy Hook Families $33 Million. Here's What They May Be Considering Enlarge this image toggle caption Jessica Hill/AP Jessica Hill/AP After a years-long legal battle with the maker

via www.npr.org

NYC mayoral race favorite Eric Adams privately seeks partnerships with business leaders

  • July 29, 2021, 5:42 a.m.
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Eric Adams, Democratic candidate for New York City Mayor, speaks during a campaign appearance in Brooklyn, New York, June 11, 2021. Eric Adams may not be the mayor of New York, but he is already star

via www.cnbc.com

Netflix’s Film Chief Scott Stuber Is Shaking Up Hollywood: ‘The Movie Business Is in a Revolution’

  • July 29, 2021, 2:42 a.m.
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Hollywood was in a collective state of shock last month when Steven Spielberg’s Amblin Entertainment forged a multiyear deal to make movies for Netflix. Two years ago, the legendary director reportedl

via variety.com

Ben & Jerry's Founders on the Company's Israel Policy - The New York Times

  • July 28, 2021, 3:42 p.m.
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We are the founders of Ben & Jerry’s. We are also proud Jews. It’s part of who we are and how we’ve identified ourselves for our whole lives. As our company began to expand internationally, Israel was

via www.nytimes.com

Google, Apple and Microsoft report record-breaking profits

  • July 28, 2021, 7:42 a.m.
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Google, Apple and Microsoft reported record-breaking quarterly sales and profits on Tuesday night as the firms continue to benefit from a pandemic that has created a “perfect positive storm” for big t

via www.theguardian.com

Barclays ups dividend and announces buyback as profits quadruple

  • July 28, 2021, 7:42 a.m.
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Barclays bank in Knightsbridge, London. Photo: AP Barclays (BARC.L) unveiled bumper half-year profits on Wednesday, buoyed by surging activity at its investment bank and equities business. Barclays

via uk.finance.yahoo.com

China, Hong Kong shares tumble on regulatory clampdowns

  • July 28, 2021, 7:42 a.m.
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A man wearing a mask walks by the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, February 3, 2020. REUTERS/Aly Song Summary CSI300 -3.22%, SSEC -2.34%, HSI -4.1

via www.reuters.com

Cannabis part of the future says tobacco giant

  • July 28, 2021, 6:42 a.m.
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It is hardly surprising that BAT wants to drape itself in the ESG flag. A recent piece of research by the accountancy firm PWC noted the rapid influx of shareholder money into ESG funds, ones that wil

via www.bbc.com

Binance CEO says he’s willing to step down as world's biggest crypto exchange welcomes regulation

  • July 28, 2021, 4:42 a.m.
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Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018. Akio Kon | Bloomberg | Getty Images The boss of cryptocurrency exchange Binance says he's wil

via www.cnbc.com

U.S. new home sales hit 14-month low amid supply constraints

  • July 28, 2021, 12:42 a.m.
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A carpenter works on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones Summary N

via www.reuters.com
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