Tag: Corporate

Biden talks up his plans to boost U.S. manufacturing as he visits Michigan

Democratic presidential nominee Joe Biden arrives at Detroit Metro Wayne County Airport on Wednesday. AFP via Getty Images Joe Biden on Wednesday gave a speech...

AstraZeneca vaccine ‘most likely’ to roll out in the U.K. early next year

U.K. health secretary Matt Hancock on Monday said a COVID-19 vaccine would “most likely” be available in the first few months of 2021, as the...

This eye-opening experience has me rethinking how Social Security figures into my retirement planning

Our family’s goal was to achieve financial independence assuming we will have no Social Security benefits. Our full retirement ages are over two decades away,...

Here’s why the stock market tumbled last week and what’s ahead for Wall Street

A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to records for U.S. stock indexes and...

Asymptomatic children who contract COVID-19 may ‘shed’ coronavirus for weeks

Should families double down on social distancing now that their kids are going back to school? A new study published in JAMA Pediatrics suggests that...

S&P 500 adds three companies not named Tesla — ‘a bit of a shocker,’ analyst says

Three new names will be added to the S&P 500 index this month, but none of them are Tesla Inc. S&P Dow Jones Indices announced...

U.K. house prices surge to all-time high in August

House prices in the U.K. surged to an all-time high in August, fueled by pent-up demand and record low mortgage rates, according to new figures...

Renters in U.S. cannot be evicted through the end of the year due to coronavirus, CDC order states

The Centers for Disease Control and Prevention implemented a temporary eviction moratorium through the end of the year, protecting U.S. renters from losing their homes...

Only 19% of Tesla analysts say buy the stock while investors remain ‘insatiable’

There is an old Wall Street saying that investing isn’t about being right or wrong, it’s about making money. No one understands that better than...

Surge in megadeals points to M&A recovery as tech sector dominates

A series of blockbuster deals drove corporate deal making to its strongest start of all time in the second half, as chief executives hit the...

You might use Zoom for free, but companies are paying for it — pushing the stock to new heights

Zoom Video Communications Inc. has become a household name during the coronavirus pandemic, with millions of people using its online-video service for free — but...

Coronavirus update: U.S. case tally edges above 6 million and FDA head says he won’t be pressured to rush out a vaccine

The number of confirmed U.S. cases of the coronavirus that causes COVID-19 edged above 6 million on Monday, and the head of the U.S. Food...

Student-loan borrowers can skip payments until 2021, but that may not be long enough

It’s official: Millions of student loan borrowers won’t have to make payments on their debts through the end of this year, the Department of Education...

Apple pulls Epic’s App Store developer account, removing all of its games beyond ‘Fortnite’

Escalating its war with Epic Games Inc., Apple Inc. on Friday canceled the videogame publisher’s account on the App Store. The two companies are locked...

Bill.com beats on earnings, CEO predicts work-from-home trends are ‘here to stay’

Bill.com Holdings Inc. Chief Executive René Lacerte is optimistic that the COVID-19 crisis will drive a longer-term shift toward remote work that increases demand for...

Facebook and Twitter are concerned about what is going to happen after Election Day

Securing democracy on social media may be hardest after Americans vote in the presidential election. In what is shaping up as a newfangled nightmare in...

Fitbit unveils new Sense smartwatch, revamps Inspire and Versa devices

After a sleepy start to the year, Fitbit Inc. is rolling out three new products meant to cater to people who must increasingly exercise at...

Shareholders hit as global dividends suffer worst quarterly fall since 2009

Global dividend payments plunged to their lowest level in more than a decade, as companies moved to protect their balance sheets amid the pandemic, dealing...

Some of Europe’s biggest travel companies are leaving consumers covering the cost of coronavirus ⁠— holding on to cash while handing out credit notes

Some of Europe’s largest travel companies are holding on to their customers’ cash months after trips were canceled because of coronavirus.  Failing to hand over...

Getting out of China will cost U.S. and European firms $1 trillion, says BofA

The cost for U.S. and European companies to move manufacturing out of China could reach $1 trillion over five years, according to new research from...

Postal Service issues have affected Netflix and Amazon

Issues at the U.S. Postal Service have created concerns about the November elections, but they have already caused headaches for some of the 2 million...

Nvidia hits a sweet spot, with both gaming and data center on the rise

While investors have gone gaga for Nvidia Corp.‘s data-center business this year, we should sit back and appreciate the rise of its core business. Nvidia...

Here’s everything coming to Netflix in September 2020 — and what’s leaving

Netflix Inc. is rolling out the big names with a slate of prestige releases in September 2020. Those include Ryan Murphy’s “One Flew Over the...

How to thrive in your job when you’re over 50

I can’t stand it when the Walmart greeter trope is ballyhooed as the inescapable endgame for workers over 50 …even if it’s said in jest. It’s...

What did people do with their $1,200 stimulus checks? Finally an answer

Lower-income Americans were more likely to spend their stimulus checks, but more Americans may have also spent their stimulus checks if more businesses were open...