England’s top medical officer on Saturday announced that the U.K. has identified a new variant of the coronavirus that “can spread more quickly” than prior strains of the virus, leading Prime Minister Boris Johnson to impose fresh restrictions on parts of the nation to control its spread. “We’re learning about […]
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‘The Mandalorian’ launched Disney+, now it has the goodwill to usher in a new era of Star Wars
The Child, popularly known as “Baby Yoda,” is a character in the new Disney+ series, “The Mandalorian” Episodic Photos, Disney *This post contains spoilers for “The Mandalorian” season two.* When the final credits rolled on “Star Wars: The Rise of Skywalker,” fans who had eagerly awaited the final chapter in the Skywalker […]
Diversity, inequality metrics will see ‘a lot of scrutiny’ next year as ESG investing grows, MSCI says
Diversity will be top of mind for investors in the year ahead, says a leading MSCI researcher. The Nasdaq’s recent proposal to require more diversity on boards of companies listed on the exchange is just one example of a sustained push that is likely to strengthen, Linda-Eling Lee, global head […]
After suing Facebook, the FTC has a chance to show critics it’s not toothless
With its groundbreaking antitrust lawsuit against Facebook, the Federal Trade Commission is facing more than just a fight against a multi-billion dollar tech giant — it’s battling to regain credibility that could determine its future. The FTC was roundly criticized by lawmakers on both sides of the aisle following privacy […]
Spotify made huge investments in podcasts — here’s how it plans to make them pay off
People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City. Spencer Platt | Getty Images Since 2019, Spotify has spent hundreds of millions of dollars investing in podcasts. […]
Searching for the next buyers of this bull market with inflows surging and the consensus long
Traders work on the floor of the NYSE. NYSE With the stock market up nearly 70% in less than nine months, in a year when the S&P 500 made a new record high an average of every eight trading days, as individual investors have already thrown unprecedented sums into equities […]
Pain, despair and poverty reach fever pitch for unemployed workers
Randy Chase, 57, does masonry work on construction crews. With unemployment benefits stalled since April and no savings left, he’s been living in his pickup truck outside of Denver since September, using an electric heater to keep warm. Randy Chase Randy Chase has lived in his pickup truck for months. […]
Elliott tries to turn around a decade-long laggard with new real estate investment
Signage stands on the building of a Public Storage facility in San Francisco, California, U.S., on Friday, April 21, 2017. David Paul Morris | Bloomberg | Getty Images Elliott Associates sees a runway beneath Public Storage, and is pushing the self-storage company to boost investment and catch up to industry […]
Elizabeth Holmes’ trial delayed as California’s Covid cases surge
Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images A surge in coronavirus cases in California has led to […]
Trump signs two-day funding bill as Congress rushes to finalize spending, Covid relief deal
US Speaker of the House Nancy Pelosi leaves a meeting on Capitol Hill in Washington, DC on December 18, 2020. Saul Loeb | AFP | Getty Images President Donald Trump signed a two-day government funding bill into law Friday night as Congress tries to buy time to strike a spending […]