U.S. Democratic presidential candidate Joe Biden speaks during a campaign event at a carpenters union in Phoenix, Arizona, October 8, 2020. Kevin Lamarque | Reuters President-elect Joe Biden is projected to win Arizona’s 11 Electoral College votes, NBC News reported late Thursday. With Biden’s projected victory in the state extending […]
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Biden’s win boosts the Chinese yuan, but the Trump effect will be more lasting
Democratic President-elect Joe Biden delivering remarks on Covid-19 at The Queen theater on Oct. 23, 2020 in Wilmington, Delaware and U.S. President Donald Trump addressing supporters during a Make America Great Again rally in Gastonia, North Carolina, Oct. 21, 2020. Getty Images The Chinese yuan, which has steadily strengthened this […]
Apple and Google could compete in health, but that would mean more regulation, says Prudential CEO
Mike Wells, the chief executive of insurance company Prudential, said Apple and Google have the platforms to be competitors in the health arena, but it would mean facing even more regulatory scrutiny than they do already. The Silicon Valley giants, which reach billions of people with their iOS and Android […]
Stock futures are flat as traders weigh virus resurgence and its impact on the economy
U.S. stock futures were flat on Thursday night as Wall Street continues to grapple with the rising number of coronavirus cases and its potential economic impact. Dow Jones Industrial Average futures traded 32 points higher, or 0.1%. S&P 500 futures fell marginally and Nasdaq 100 futures traded 0.1% higher. Earlier […]
Fauci says U.S. has ‘independent spirit,’ but now is the time to ‘do what you’re told’
Whitehouse coronavirus advisor Dr. Anthony Fauci thinks that Americans have an independent spirit, but that there are times when it’s in our best interest to follow the rules. Fauci, speaking on Thursday at Washington National Cathedral with other top health experts on the pandemic, noted that it is a bit unfair […]
Biden’s climate goals will be harder to achieve without China, says Wood Mackenzie
Democratic Presidential candidate Joe Biden looks on while speaking at the Queen venue in Wilmington, Delaware, on November 5, 2020. Jim Watson | AFP | Getty Images SINGAPORE — U.S. President-elect Joe Biden has made tackling climate change one of his priorities — but his goals would be harder to […]
TikTok can continue to operate in the U.S., Commerce Department says
The U.S. government has given TikTok a stay of execution. The Commerce Department said Thursday it will abide by an Oct. 30 temporary injunction that prevented the government from effectively shutting down TikTok. Earlier this week, TikTok filed a petition in the US Court of Appeals for the D.C. Circuit seeking […]
Stock futures rise as traders weigh virus resurgence and its impact on the economy
Traders work the floor of the New York Stock Exchange. NYSE U.S. stock futures rose slightly on Thursday night as Wall Street continues to grapple with the rising number of coronavirus cases and its potential economic impact. Dow Jones Industrial Average futures traded 65 points higher, or 0.2%. S&P 500 […]
Zuckerberg tells Facebook employees Biden will be next president, and it’s important that people know election was fair
Facebook Chairman and CEO Mark Zuckerberg arrives to testify before the House Financial Services Committee on “An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” in the Rayburn House Office Building in Washington, DC on October 23, 2019. Mandel Ngan | AFP | Getty Images […]
Cisco stock jumps on earnings beat and strong forecast
CEO of Cisco Chuck Robbins speaks during the VivaTech (Viva Technology) trade fair in Paris on May 24, 2018. Gerard Julien | AFP | Getty Images Cisco shares moved as much as 9% higher in extended trading on Thursday after the company reported fiscal first-quarter earnings and an upbeat forecast […]