Steve Proehl | Corbis Unreleased | Getty Images A grand jury in Santa Clara, California, issued an indictment on Monday accusing Apple’s chief security officer, Thomas Moyer, of offering bribes to secure concealed carry permits for Apple employees. Moyer allegedly promised to donate 200 iPads worth $70,000 to the Sheriff’s […]
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Dow jumps 300 points on vaccine hope, hits high of day on news Yellen may be Biden’s Treasury pick
Stocks rose on Monday after AstraZeneca and the University of Oxford said their coronavirus vaccine was up to 90% effective, becoming the third inoculation this month that was revealed to be effective in trial data. The Dow Jones Industrial Average closed 327.79 points higher, or 1.1%, at 29.591.27. The S&P […]
Rumors on social media suggest taxes are going up next year—here’s what you need to know
Spend some time on Reddit or Twitter and you might be concerned that taxes are going up next year, thanks to a misunderstood chart from the Joint Committee on Taxation (JCT). The chart, which was created in December 2017 when the Tax Cuts and Jobs Act (TCJA) was passed, periodically […]
Yes, you can get unemployment benefits if you’re laid off again. Here’s what you need know
A store displays a sign before closing down permanently in Arlington, Virginia. OLIVIER DOULIERY/AFP via Getty Images State and local officials have begun closing some businesses to counter a new surge in coronavirus infections, potentially putting Americans out of work for the second time since the spring. Delaware and Nevada […]
A software company used by major sports teams sees opportunity amid pandemic
Angelina Lawton Source: John Wagner Sportsdigita, an all-in-one cloud-based presentation software company owned by former National Hockey League executive Angelina Lawton, sees opportunity amid the pandemic as sports teams conduct business online instead of in person. The company, which counts the Chicago Bears, Los Angeles Lakers, Boston Red Sox, Pittsburgh […]
Biden chooses former Fed Chair Janet Yellen to be Treasury secretary
Janet Yellen Scott Mlyn | CNBC President-elect Joe Biden has chosen former Federal Reserve Chair Janet Yellen as Treasury secretary, a historic decision that could result in the nation’s first woman to lead the department, according to people familiar with the matter. Yellen, 74, is widely seen as a politically […]
Apple makes another concession on App Store fees
Apple CEO Tim Cook delivers the keynote address at Apple’s annual Worldwide Developers Conference at the Bill Graham Civic Auditorium in San Francisco, California, onJune 13, 2016. Gabrielle Lurie | AFP | Getty Images Apple said on Monday that companies that offer digital classes or virtual events through iPhone apps […]
Trump fears Giuliani, other lawyers in Biden vote challenge are ‘fools that are making him look bad’
Former New York City Mayor Rudy Giuliani, lawyer for U.S. President Donald Trump, speaks during a news conference about lawsuits related to the presidential election results, at the Republican National Committee headquarters in Washington, D.C., on Thursday Nov. 19, 2020. Sarah Silbiger | The Washington Post | Getty Images President […]
Joe Biden names picks for secretary of State, Homeland Security chief, director of national intelligence
(L-R) U.S. Vice President Joe Biden, Deputy National Security Advisor Tony Blinken, National Security Advisor Susan Rice and Secretary of State John Kerry listen as President Barack Obama and Iraqi Prime Minister Nuri al-Maliki address reporters in the Oval Office at the White House in Washington, November 1, 2013. Jonathan […]
Biden team denies president-elect wants Democrats to accept smaller relief deal
U.S. President-elect Joe Biden speaks about the U.S. economy following a briefing with economic advisers in Wilmington, Delaware, November 16, 2020. Kevin Lemarque | Reuters Joe Biden‘s transition team denied Monday that the president-elect’s advisors have pushed Democratic congressional leaders to potentially accept a smaller coronavirus stimulus package in order […]