Google workers have formed the company’s first-ever union
Hundreds of employees at Google and its parent, Alphabet, have launched a union, a rare step for the tech industry that also represents the biggest…
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Dow tumbles on first trading day of 2021
It was a rocky first trading day of the year for Wall Street as stocks fell sharply and investors grew worried about the the pandemic and the…
Continue ReadingJanet Yellen made millions giving speeches to Wall Street banks she’ll soon regulate
Janet Yellen, President-elect Joe Biden’s pick for Treasury secretary, made more than $7 million in recent years by giving speeches to Wall…
Continue ReadingHaven — the joint health care venture by Amazon, Berkshire and JPMorgan — is shutting down
Haven, an ambitious health care company formed just three years ago as a partnership between Amazon, Warren Buffett’s Berkshire Hathaway and…
Continue ReadingBitcoin’s bubble could burst, warns Anthony Scaramucci. But he’s still a mega-bull
Bitcoin prices more than quadrupled in 2020 and surged to a new record above $30,000 this year, but many investors think there’s still room for…
Continue ReadingDow tumbles more than 600 points on first trading day of 2021
The Dow tumbled more than 600 points around midday Monday, the first trading day of the New Year, as investors grew worried about the the pandemic…
Continue ReadingMGM makes $11 billion bid for UK gambling group
MGM Resorts International is attempting to buy the owner of British gambling brand Ladbrokes, making it the latest US casino operator to place a…
Continue ReadingChipotle’s slimming down for the new year too, adding cauliflower rice to its menu
Chipotle is adding cauliflower rice to its menu as customers’ tastes shift toward healthier options. Beginning Monday, the cilantro-lime…
Continue ReadingBitcoin’s rally could be a sign of what’s in store for markets in 2021
Investors are gearing up for a turbocharged 2021. Want evidence? Look at the price of Bitcoin. What’s happening: Just a few weeks ago, Wall…
Continue ReadingHerbalife is buying back more than half of Carl Icahn’s stake
The legendary activist investor Carl Icahn is dumping a massive chunk of his stake in Herbalife Nutrition and giving up his firm’s seats on the…
Continue ReadingWall Street will kick out three big Chinese telecom companies
Washington’s battle with Beijing is escalating once more on Wall Street. The New York Stock Exchange will end trading in the shares of three of…
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Pay attention to the propaganda, and other ways to cover an attempted coup in America
A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. Sunday showed how.…
Continue ReadingFanduel suffers widespread outage on last day of NFL’s regular season
Fanduel, the fantasy sports and online sports betting company, experienced outages on Sunday — the last day of regular season NFL games —…
Continue ReadingMedia should call GOP election fight an attempted coup, historian says
The Republican effort to contest the presidential election results on the Senate floor this week is raising questions about how media outlets should…
Continue ReadingSaying goodbye to a wild year for stocks
We’re hoping to shelve the word ‘unprecedented’ for a while as 2021 gets underway — but first, one final look at a 2020. The Dow…
Continue ReadingLarry King has been hospitalized with Covid-19
Legendary talk show host and former CNN interviewer Larry King has Covid-19, according to a source close to the family. King, 87, has been…
Continue ReadingBitcoin soars past $33,000, its highest ever
Bitcoin has been flirting with the $30,000 mark for weeks, and finally passed that record-setting level Saturday. The virtual currency is now valued…
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UK chief medical officers defend delay of second Pfizer Covid-19 vaccine doses
The UK’s chief medical officers have defended a decision to delay second doses of the Pfizer/BioNTech vaccine in order to prioritize first…
Continue ReadingDow and S&P 500 end 2020 at record highs
The Dow and the S&P 500 started and ended this unprecedented year at all-time highs — with a lot of volatility along the way. All three major…
Continue ReadingMarkets started 2020 riding high, and they’ll end it even higher
The stock market’s wild 2020 ride is finally coming to an end. Stocks are at record highs once again, just like they were at the start of this…
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