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Tuesday, August 31, 2021

Former Netflix engineer and his brother plead guilty to insider trading


Former Netflix engineer and his brother plead guilty to insider trading



A former Netflix software engineer and his brother have pleaded guilty to their roles in an alleged insider trading ring.

Zoom Video Communications stock tanks on growth concerns


Zoom Video Communications stock tanks on growth concerns



Zoom Video Communications Inc. was on track for its worst day in almost 10 months after the video-conferencing provider warned demand for its service will slow.

Left-wing Democrats want Fed chief replaced

Alexandria Ocasio-Cortez and other progressives criticise the central bank chief's record on climate change.

from BBC News - Business https://ift.tt/3gQPMQW

Mississippi governor on 'challenging' Ida recovery


Mississippi governor on 'challenging' Ida recovery



Mississippi Gov. Tate Reeves explained the issues his state is facing in the aftermath of Hurricane Ida, stressing that it has been a “a challenging time.”

Biden's 'spectacular failures' makes the world a more dangerous place: Former UK foreign policy adviser


Biden's 'spectacular failures' makes the world a more dangerous place: Former UK foreign policy adviser



Former foreign policy adviser under Margaret Thatcher Nile Gardiner says Biden’s presidency is an ‘absolute disaster’ internationally.

Trump warns crypto 'potentially a disaster waiting to happen'


Trump warns crypto 'potentially a disaster waiting to happen'



Former President Trump warned that investing in cryptocurrencies is “potentially a disaster waiting to happen.”

Trump says generals appearing on TV during Afghanistan withdrawal 'made fools out of our country'


Trump says generals appearing on TV during Afghanistan withdrawal 'made fools out of our country'



Former President Donald Trump slammed the U.S. military generals who appear on television amid the withdrawal from Afghanistan, saying they are “making fools out of our country.”

Trial under way for Theranos CEO Elizabeth Holmes


Trial under way for Theranos CEO Elizabeth Holmes



Jury selection begins for Theranos CEO Elizabeth Holmes. FOX Business' Lydia Hu with the latest.

NHS blood tube shortage: Supplier ramps up imports

Becton Dickinson has announced it will deliver 9 million blood test tubes to the NHS this week.

from BBC News - Business https://ift.tt/3BvuQqC

Varney celebrates stock price surge: You are part of the record highs


Varney celebrates stock price surge: You are part of the record highs



FOX Business' Stuart Varney celebrates markets going up despite COVID, Afghanistan and inflation.

AOC, 'Squad' demand Biden pick Fed chair focused on left-wing issues


AOC, 'Squad' demand Biden pick Fed chair focused on left-wing issues



On Monday, Ocasio-Cortez, alongside her progressive allies Reps. Rashida Tlaib, D-Mich., and Ayanna Pressley, D-Mass., called on Biden to replace Federal Reserve Chairman Jerome Powell after his current term expires.

Trump on Biden’s botched Afghanistan withdrawal: America has been 'humiliated'


Trump on Biden’s botched Afghanistan withdrawal: America has been 'humiliated'



Former President Trump blasted President Biden's botched U.S. troop withdrawal from Afghanistan, arguing that America has been "humiliated."

Trump rips Biden for appearing to check watch while honoring 13 service members killed in Kabul: 'Disgrace'


Trump rips Biden for appearing to check watch while honoring 13 service members killed in Kabul: 'Disgrace'



Former President Donald Trump said it was a “disgrace” when President Biden was seen looking at his watch while paying respects to the 13 service members who were killed in Afghanistan.

YouTube signs Twitch video-game streamer Dr Lupo

Twitch says it wishes the American, 34, "nothing but the best in everything that comes next".

from BBC News - Business https://ift.tt/3mNUN0j

OPEC drama threatens oil production promises


OPEC drama threatens oil production promises



Ahead of OPEC's meeting, Kuwait is stirring the pot throwing into doubt promised production increases.

Trump: Crypto a disaster waiting to happen


Trump: Crypto a disaster waiting to happen



Former President Trump on the stock market, the economy under his administration and cryptocurrency.

Google, Apple hit by first law threatening dominance over app-store payments


Google, Apple hit by first law threatening dominance over app-store payments



Google and Apple Inc. will have to open their app stores to alternative payment systems in South Korea, threatening their lucrative commissions on digital sales.

Keane laments 'tragic ending' in Afghanistan: US adversaries 'thrilled' with withdrawal


Keane laments 'tragic ending' in Afghanistan: US adversaries 'thrilled' with withdrawal



Fox News senior strategic analyst General Jack Keane (Ret.) said Biden's withdrawal from Afghanistan is one of the most serious national security blunders he's seen in his lifetime.

Leaving Americans behind in Afghanistan a ‘gut punch’ to veterans: Purple Heart recipient


Leaving Americans behind in Afghanistan a ‘gut punch’ to veterans: Purple Heart recipient



Capt. Sam Brown (Ret.) discusses how veterans feel about the U.S. leaving Afghanistan.

FTC to target oil and gas mergers


FTC to target oil and gas mergers



The Federal Trade Commission has set its sights on the oil and gas industry as the Biden administration seeks to battle rising fuel prices.

Stock futures flat as S&P 500 closes in on seventh straight monthly gain


Stock futures flat as S&P 500 closes in on seventh straight monthly gain



The S&P 500 closes in on its seventh straight monthly gain.

Ryanair predicts rapid rebound in airline travel

The budget carrier forecasts that its capacity should return to pre-pandemic levels in the autumn.

from BBC News - Business https://ift.tt/3jwDGxY

Mission: Impossible Covid shutdowns prompt lawsuit

Film maker Paramount alleges insurance payout for the latest Tom Cruise installment does not cover losses.

from BBC News - Business https://ift.tt/3DvzPcp

Jocko Willink: Afghan terror groups will now be ‘harder to find, harder to finish’ following withdrawal


Jocko Willink: Afghan terror groups will now be ‘harder to find, harder to finish’ following withdrawal



The American withdrawal from Afghanistan has met its end but the consequences will be much greater than the reward of ending a 20-year war, retired U.S. Navy SEAL Jocko Willink tells "Kennedy."

Monday, August 30, 2021

Covid threatens Singapore's business hub crown

The South East Asian country faces opposing pressures over the large number of workers from overseas.

from BBC News - Business https://ift.tt/3mJnj3a

Tokyo 2020: Toyota restarts driverless vehicles after accident

A visually impaired athlete from Japan's judo team was hit by one of the e-Palette pods on Thursday.

from BBC News - Business https://ift.tt/3gIBdyv

What data Apple and Google collect on you


What data Apple and Google collect on you



Your iPhone and Android device are constantly collecting data about your activity.

The assault on Seattle’s police


The assault on Seattle’s police



Across urban America, the evidence is piling up that when you demonize police and cut their budget, you get more crime.

Senators urge Yellen to keep $9 billion in assets from Taliban


Senators urge Yellen to keep $9 billion in assets from Taliban



Two GOP senators are urging Treasury Secretary Janet Yellen to do all she can to keep $9 billion in internationally-held funds intended for Afghanistan out of Taliban hands.

Zoom hits $1 billion in quarterly revenue


Zoom hits $1 billion in quarterly revenue



Zoom Video Communications Inc. reported over $1 billion in revenue for the quarter ended in July, fueled by strong demand for its videoconferencing services that became ubiquitous during the pandemic for holding office meetings, school classes and all sorts of virtual gatherings.

Taste for takeaways outlasts Covid lockdowns

Britons are spending more on home delivered meals than before the pandemic struck.

from BBC News - Business https://ift.tt/3gMZdAD

UK business confidence jumps to more than four-year high, survey finds

Lloyds survey finds North West England leads level of confidence despite caution over inflation.

from BBC News - Business https://ift.tt/3sYmHro

Theranos scandal: Who is Elizabeth Holmes and why is she on trial?

The former boss of blood testing company Theranos is accused of fraud and could face years in jail.

from BBC News - Business https://ift.tt/3mMOwlq

Nike is giving its head office staff a week's break

The sports shoe giant is giving US head office staff this week off after a "traumatic" year.

from BBC News - Business https://ift.tt/2WI6smy

White House monitoring for fuel shortages after Ida, open to invoking Jones Act


White House monitoring for fuel shortages after Ida, open to invoking Jones Act



White House press secretary Jen Psaki said Monday that the Biden administration is monitoring potential fuel shortages in the states most impacted by Hurricane Ida, saying it was open to issuing a Jones Act waiver that would lift certain fuel restrictions.

PayPal considers launching stock-trading platform: report


PayPal considers launching stock-trading platform: report



PayPal Holdings Inc. is looking into launching a stock-trading platform, according to a report.

Afghanistan's collapse leaves unused $6B in military funding in limbo


Afghanistan's collapse leaves unused $6B in military funding in limbo



Afghanistan's sudden collapse to the Taliban two weeks ago and the impending withdrawal of U.S. forces has left the Pentagon with at least $6 billion in unspent funds for Afghan military training.

Fmr. Afghanistan mayor details Taliban escape: ‘Never expecting them to leave me alive’


Fmr. Afghanistan mayor details Taliban escape: ‘Never expecting them to leave me alive’



Zarifa Ghafari, a former Afghanistan mayor, described her dramatic escape from the country, saying that she is at “the top” of the Taliban’s “blacklist” and, therefore, was “never expecting them to leave me alive.”

Markets open the week with new highs


Markets open the week with new highs



FOX Business’ Stuart Varney and Lauren Simonetti on tech stocks and the market open.

California Gov. Gavin Newsom recall effort leader on Hollywood survival push: He’s ‘not beloved’


California Gov. Gavin Newsom recall effort leader on Hollywood survival push: He’s ‘not beloved’



Spokesman to RecallGavin2020 Randy Economy slams California governor for being "addicted" to himself amid recall effort.

Gas prices dodge Hurricane Ida catastrophe


Gas prices dodge Hurricane Ida catastrophe



Gasoline prices rose slightly Monday after Hurricane Ida shuttered refineries along the U.S. Gulf Coast.

Ideanomics buying electric truck startup Via Motors for $630 million


Ideanomics buying electric truck startup Via Motors for $630 million



Shane McMahon's Ideanomics is acquiring Via Motors in an all-stock deal worth up to $630 million. Via Motors is launching an electric commercial truck in 2023.

Government shutdown 2021: GOP lawmaker says Democrats have had ‘zero’ response to debt limit expiring


Government shutdown 2021: GOP lawmaker says Democrats have had ‘zero’ response to debt limit expiring



Rep. Jason Smith warned about the impending government shutdown in 9 legislative days.

Biden must tell, ‘not ask’ Taliban to extend withdrawal deadline: Rep. Meuser


Biden must tell, ‘not ask’ Taliban to extend withdrawal deadline: Rep. Meuser



Rep. Dan Meuser urged the Biden administration to extend the deadline of the U.S. withdrawal from Afghanistan.

Stocks set to open at record highs


Stocks set to open at record highs



U.S. stock futures were little changed Monday morning as the major averages looked to extend last week's record highs.

China cuts children's online gaming to one hour

Regulators are restricting game-playing for under 18s to an hour on Fridays, weekends and holidays

from BBC News - Business https://ift.tt/38lJMel

Bitcoin prices down 0.60% early Monday morning, above $48,000


Bitcoin prices down 0.60% early Monday morning, above $48,000



Bitcoin was trading 0.60% lower on Monday morning with a price above $48,000.

US stocks trading cautiously after record-setting S&P, Nasdaq jump Friday


US stocks trading cautiously after record-setting S&P, Nasdaq jump Friday



U.S. equity futures are searching for direction ahead of the Monday's session on Wall Street.

Paulson says cryptocurrencies will eventually be ‘worthless’


Paulson says cryptocurrencies will eventually be ‘worthless’



John Paulson, the hedge fund billionaire who made a fortune in 2008 when he shorted the housing bubble, said in an interview published Sunday that he believes cryptocurrencies will eventually go bust.

Sunday, August 29, 2021

Gates Foundation helped 'raise China's voice of governance' in Africa, emails show


Gates Foundation helped 'raise China's voice of governance' in Africa, emails show



The Gates Foundation has reportedly helped the Chinese Communist government in various ways, enabling the sale of Chinese-produced medications and helping "raise China's voice of governance" around the world, according to emails obtained by Judicial Watch.

Vietnam lockdown adds to global coffee supply concerns

Wholesale coffee prices have risen by 50% this year as supplies have been hit around the world.

from BBC News - Business https://ift.tt/3yrEIzD

Covid travel: Latest changes begin as seven countries go green

People arriving from Canada and Denmark are among those who will not need to isolate for 10 days.

from BBC News - Business https://ift.tt/3zsUhsf

EU set to recommend halting nonessential travel from the US


EU set to recommend halting nonessential travel from the US



The European Union is set to recommend halting nonessential travel from the U.S. because of the spread of Covid-19, diplomats said on Sunday.

FTC interviewed Zuckerberg in 2012 making adding challenge to Facebook suit: sources


FTC interviewed Zuckerberg in 2012 making adding challenge to Facebook suit: sources



The Federal Trade Commission secretly interviewed Mark Zuckerberg while probing Facebook’s 2012 acquisition of Instagram — grilling the tech tycoon over the social network’s motives in the controversial deal, two sources with direct knowledge of the situation told The Post.

Hollywood mobilizes to protect Gavin Newsom amid recall: reports


Hollywood mobilizes to protect Gavin Newsom amid recall: reports



Hollywood megadonors are bankrolling Gavin Newsom's campaign to stave off a recall, with Netflix CEO Reed Hastings giving a whopping $3 million.

Baxter is in advanced talks to buy Hill-Rom for about $10B


Baxter is in advanced talks to buy Hill-Rom for about $10B



Baxter International Inc. BAX 0.27% is in advanced talks to buy medical-equipment maker Hill-Rom Holdings Inc. HRC 0.96% for around $10 billion, according to people familiar with the matter.

Stock market turns cautious as ‘defensive’ shares surge


Stock market turns cautious as ‘defensive’ shares surge



Some of the hottest stocks in the U.S. are pointing to an economic cool-down.

Hurricane Ida brings 'nightmare scenario' for gas prices


Hurricane Ida brings 'nightmare scenario' for gas prices



Hurricane Ida could create a ‘nightmare’ scenario as analysts keep a nervous eye on national gas prices, according to a market analyst.

Afghanistan withdrawal, August jobs report, Zoom earnings top week ahead


Afghanistan withdrawal, August jobs report, Zoom earnings top week ahead



While the upcoming week will be lighter for earnings, investors will take in key economic data related to housing, jobs and the consumer.

Affordable uniforms law will miss new school year

Parents are concerned that a law to make school uniforms cheaper will not be in place for September.

from BBC News - Business https://ift.tt/3Dvk5Gw

Give UK workers four more bank holidays a year, says TUC

The trades union body says having just eight public holidays in England and Wales is "stingy" .

from BBC News - Business https://ift.tt/3DCQUBx

Temporary 911 outage in New Orleans ahead of Hurricane Ida landfall


Temporary 911 outage in New Orleans ahead of Hurricane Ida landfall



The administrative office of 911 for Louisiana on Sunday reported a temporary 911 outage hours before Hurricane Ida reached landfall.

Suit you sir? Not anymore at some M&S stores

The retailer no longer sells men's suits at more than half of its large stores as tastes turn casual.

from BBC News - Business https://ift.tt/3mIV7gI

SpaceX launches supply mission to space station


SpaceX launches supply mission to space station





Saturday, August 28, 2021

Virginia residents plead guilty in unemployment fraud case


Virginia residents plead guilty in unemployment fraud case



More southwest Virginia residents who prosecutors say conspired with dozens of others to file fraudulent claims for pandemic unemployment benefits have pleaded guilty.

Taliban prepare to set up new Afghan government as U.S. evacuation nears end


Taliban prepare to set up new Afghan government as U.S. evacuation nears end



The Taliban said on Saturday they would announce a new government for Afghanistan in the coming week and expected the economic turbulence and sharp currency falls that followed their take-over of the city two weeks ago to subside quickly.

Who is funding ISIS-K, terror group behind the Kabul airport attack?


Who is funding ISIS-K, terror group behind the Kabul airport attack?



An offshoot of the Islamic State accused of orchestrating the deadly suicide attack outside the Kabul airport this week emerged six years ago, despite U.S.-led military efforts to squelch the group – and it has rapidly transformed into a dangerous global terror threat.

N Korea hackers stole $1.3bn of crypto this year - report

Some incidents may be linked to North Korean IT workers infiltrating tech firms, according to research firm Chainalysis. from BBC News htt...