Founder of Amazon as well as space company Blue Origin, Jeff Bezos, speaks about the future of commercial space travel. Brent Lewis | Denver Post | Getty Images The satellite internet projects of the two richest men on the planet continue to spar behind-the-scenes with federal regulators, with Amazon on […]
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Unlike Zuckerberg, Snap CEO Spiegel says Apple’s iPhone privacy change is good for consumers
Snap CEO Evan Spiegel told CNBC on Friday that while Apple‘s upcoming iPhone privacy changes will certainly be disruptive for advertising, it’s ultimately the right choice for its consumers. “We feel like we’re well prepared for these changes and frankly because these changes are in line with our privacy philosophy, […]
Stocks making the biggest moves midday: Activision, Snap, Ford & more
Attendees play the Activision Blizzard Inc. Call Of Duty: Black Ops 4 video game at the company’s booth during the E3 Electronic Entertainment Expo in Los Angeles, California, U.S., on Tuesday, June 12, 2018. Troy Harvey | Bloomberg | Getty Images Check out the companies making headlines in midday trading. […]
Op-ed: Cannabis investors are about to ride a legislative tailwind in Washington
Cavan Images | Cavan | Getty Images Hunter S. Thompson famously coined the phrase ‘Buy the ticket, take the ride.’ Investors should heed the words of the cannabis iconoclast as they consider if, and most importantly when, to invest in the nascent, but booming U.S. cannabis sector. This past week, […]
President Biden pledges to fix the racial wealth gap. Here are his plans
Vice President Kamala Harris watches as President Joe Biden signs executive orders after speaking on racial equity in the State Dining Room of the White House in Washington, DC on January 26, 2021. Mandel Ngan | AFP | Getty Images Just over two weeks into his administration, President Joe Biden […]
Ether, the world’s second-largest cryptocurrency, hits a record high above $1,700
Ether, the digital token of the Ethereum blockchain, is the second-largest cryptocurrency in the world by market value. Jaap Arriens | NurPhoto via Getty Images LONDON — The cryptocurrency ether hit a fresh all-time high on Friday, surging past $1,700 for the first time. Ether, which is the world’s second-largest […]
Amazon loses effort to halt Alabama union drive, voting begins next week
Peter Endig | AFP | Getty Images Amazon lost out on its push to postpone a closely watched union vote at its Bessemer, Ala.-based warehouse. Last month, Amazon giant appealed the National Labor Relations Board’s (NLRB) decision to let roughly 6,000 warehouse workers vote by mail on whether to join […]
Latino-owned businesses are achieving record growth, but big banks still won’t fund them
Edwin Sanchez, Echez Group CEO and member of the Latino Business Action Network meets with team members remotely. Andrea Sánchez Despite being the fastest-growing segment of the U.S. small business ecosystem, Latinos continue to struggle to secure capital from national banks. That’s according to the State of Latino Entrepreneurship 2020 research […]
Industrial stocks are on a tear. Two market analysts break down how to capitalize on the rally
Industrial stocks got a boost this week as investors grew more optimistic about the prospects of the economy reopening. The Industrial Select Sector SPDR Fund (XLI) is up 5% week to date, climbing alongside the broader market. The S&P 500 has gained about 4.5% over that time period. With a […]
Payrolls barely grow to start 2021 even as the unemployment rate fell to 6.3%
Job growth returned to the U.S. in January, with nonfarm payrolls increasing by 49,000 while the unemployment rate fell to 6.3%, the Labor Department said Friday in the first employment report of the Biden administration. Economists surveyed by Dow Jones had been looking for growth of 50,000 and the unemployment […]