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Thursday, September 30, 2021

Smith & Wesson to move headquarters to Tennessee over Massachusetts' proposed gun legislation


Smith & Wesson to move headquarters to Tennessee over Massachusetts' proposed gun legislation



Gun maker Smith & Wesson Brands Inc. will relocate its headquarters to Tennessee next year due to proposed firearms legislation in its home state of Massachusetts.

Laffer rips ‘horrible’ spending bill: What power does Pelosi have to get Democrats to vote for this?


Laffer rips ‘horrible’ spending bill: What power does Pelosi have to get Democrats to vote for this?



Former Raegan Economist Art Laffer on Democrats’ attempting to squeeze through a trillion-dollar spending bill that could hurt US production base.

Bed Bath & Beyond stock tanks after delta variant, supply chain, inflation warning


Bed Bath & Beyond stock tanks after delta variant, supply chain, inflation warning



Bed Bath & Beyond shares tumbled after the retailer warned over a triple threat to business.

App-based service 'SudShare' is the Uber for your laundry


App-based service 'SudShare' is the Uber for your laundry



SudShare CEO Mort Fertel on factors that helped the company's growth throughout the COVID pandemic.

Health care worker vaccine mandates are necessary: Dr. Lahita


Health care worker vaccine mandates are necessary: Dr. Lahita



New York Medical College Professor Dr. Bob Lahita weighs in on employee vaccine mandates.

Pregnant women should get COVID vaccine: Dr. Bob Lahita


Pregnant women should get COVID vaccine: Dr. Bob Lahita



New York Medical College Professor Dr. Bob Lahita provides insight into the safety of COVID vaccines for pregnant women and the importance of vaccine mandates for health care workers.

How global chip shortage could impact drones


How global chip shortage could impact drones



Teal founder and CEO George Matus provides insight into the global chip shortage.

Evergrande: Chinese property giant 'misses another payment deadline'

The indebted Chinese property giant is said to have missed more payments to overseas investors.

from BBC News - Business https://ift.tt/3AYRF5Q

Does NYC's Eleven Madison Park restaurant have a private room for meat eaters?


Does NYC's Eleven Madison Park restaurant have a private room for meat eaters?



New York City's Eleven Madison Park restaurant reportedly still sells meat to diners in a private room even after announcing in May that it would go almost totally vegan.

Merck buying Acceleron Pharma in $11.5B deal


Merck buying Acceleron Pharma in $11.5B deal



Merck will spend about $11.5 billion to buy Acceleron Pharma and its potential treatment for high blood pressure in vessels that connect the lungs heart.

Semiconductor stocks with 'double' within a year: Evolution VC Partners founder


Semiconductor stocks with 'double' within a year: Evolution VC Partners founder



Evolution VC Partners founder Gregg Smith on why semiconductor stocks are a buy.

Hunt for Brian Laundrie: social media's role in Gabby Petito's mystery homicide


Hunt for Brian Laundrie: social media's role in Gabby Petito's mystery homicide



Social media has proven to be a reliable source in the hunt for Brian Laundrie, a fugitive person of interest in the killing of his fiancée, 22-year-old Gabby Petito.

Spending negotiations a battle between left and far-left: Sen. Lankford


Spending negotiations a battle between left and far-left: Sen. Lankford



Oklahoma Sen. James Lankford discusses the ongoing spending negotiations on Capitol Hill.

House is ‘voting today’ on infrastructure bill: Rep. Green


House is ‘voting today’ on infrastructure bill: Rep. Green



Rep. Mark Green says he expects the House to vote on the infrastructure bill Thursday.

Lordstown Motors reportedly in talks to sell Ohio factory to Foxconn


Lordstown Motors reportedly in talks to sell Ohio factory to Foxconn



Startup automaker Lordstown Motors is reportedly in talks with Foxconn about the sale of its Ohio factory. The two companies would build products at the former General Motors plant.

Stock futures rally as Senate reaches deal to avert shutdown


Stock futures rally as Senate reaches deal to avert shutdown



U.S. stock futures were pointing to gains on the final day of the third quarter as the Senate reached a deal to avoid a government shutdown.

EG Group petrol station staff get pay rise

Asda owners raise wages of service station staff for "heroic" work in pandemic and amid fuel crisis.

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

Boohoo sales soar but shipping costs dent profits

The fast fashion retailer saw pre-tax profits hit by high shipping costs in the six months to 31 August.

from BBC News - Business https://ift.tt/3F56sOR

Republicans say Biden's $3.5T spending bill will spur cultural decline and sap the work ethic


Republicans say Biden's $3.5T spending bill will spur cultural decline and sap the work ethic



As Democrats forge ahead with unilateral negotiations on President Biden’s $3.5 trillion spending package, Republicans – and at least one Democratic moderate – caution the expansive slate of social programs included in the bill could have lasting negative consequences for American workers.

2022 midterm elections ad spending expected to break records


2022 midterm elections ad spending expected to break records



The 2022 midterm election cycle will likely set a new record for ad spending, according to a report from a top national ad tracking firm.

Schumer says deal reached for vote to avoid government shutdown


Schumer says deal reached for vote to avoid government shutdown



Senate Majority Leader Chuck Schumer announced an agreement late Wednesday for a Thursday morning vote to avoid a government shutdown.

UK lockdown rebound stronger than first thought

Household spending drove economic growth at a faster pace than previously estimated during spring.

from BBC News - Business https://ift.tt/3l0ZWkx

Rapid house price growth continues in September, says Nationwide

Property prices have risen at 10% or more a year for each of the last five months, the Nationwide says.

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

Wednesday, September 29, 2021

Phantom Space, John Deere's Ingenu to build 72-satellite constellation


Phantom Space, John Deere's Ingenu to build 72-satellite constellation



Phantom Space, a Tucson, Arizona-based space transportation and rocket manufacturing startup, has reached a deal valued at up to $240 million to design, build and launch a 72-satellite constellation that will carry Industrial Internet of Things (IIoT) payloads for John Deere subsidiary Ingenu.

YouTube banning all anti-vaccine content contributing to misinformation


YouTube banning all anti-vaccine content contributing to misinformation



YouTube is banning all content the platform says is spreading misinformation about the COVID-19 vaccine.

Amazon offers bonuses to attract 20,000 temporary staff

The retail giant will pay sign-on fees to temporary staff as it recruits 20,000 seasonal workers.

from BBC News - Business https://ift.tt/3m7ITMR

Katty Kay: Former BBC journalist quits US media firm

Ms Kay has quit Ozy Media after reports one of its executives deceived potential investors.

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

UK fuel shortage: Soldiers to start driving tankers in coming days


UK fuel shortage: Soldiers to start driving tankers in coming days



The British government's reserve tanker fleet was deployed Wednesday to help deliver gasoline to empty pumps across the U.K.

Dollar Tree to sell items priced above $1 amid rising shipping costs, inflation


Dollar Tree to sell items priced above $1 amid rising shipping costs, inflation



Dollar Tree shares have jumped more than 16% Wednesday as the discount retailer plans to sell some products at new price points above $1 at all Dollar Tree Plus stores and test additional price points at more than 100 select legacy locations.

US needs new infrastructure investment. Here's what we want to know: Associated Builders and Contractors CEO


US needs new infrastructure investment. Here's what we want to know: Associated Builders and Contractors CEO



The Senate’s bipartisan infrastructure bill contains the most significant investment in our nation’s infrastructure in a generation and could yield key wins for the American people and the construction industry.

Warby Parker surges 35% in opening New York Stock Exchange trade


Warby Parker surges 35% in opening New York Stock Exchange trade



Warby Parker Inc. shares soared 35% in their opening trade on the New York Stock Exchange.

Three more energy firms go bust amid gas price rise

Enstroga, Igloo Energy and Symbio Energy are the latest to go under, Ofgem announces.

from BBC News - Business https://ift.tt/3oi5KI5

Upcoming Frasers boss gets £100m pay deal approval

Shareholders back the £100m pay deal for Michael Murray, Mike Ashley’s prospective son-in-law.

from BBC News - Business https://ift.tt/3F4ld4I

Elon Musk says cryptocurrency regulators should 'do nothing' and 'let it fly'


Elon Musk says cryptocurrency regulators should 'do nothing' and 'let it fly'



"It is not possible to, I think, destroy crypto," Musk told New York Times columnist Kara Swisher during the Code Conference in Beverly Hills, California. "But it is possible for governments to slow down its advancement."

Micron Technology gives disappointing guidance as supply chain issues impact customers


Micron Technology gives disappointing guidance as supply chain issues impact customers



Micron Technology Inc. shares were under modest pressure Wednesday after the chipmaker issued disappointing guidance due to weaker demand from customers.

Varney: Bernie Sanders is holding the country hostage


Varney: Bernie Sanders is holding the country hostage



FOX Business' Stuart Varney slams socialists in today’s U.S. government.

Rolls-Royce announces first fully-electric car rolling out in 2023


Rolls-Royce announces first fully-electric car rolling out in 2023



Rolls-Royce Motor Cars CEO Torsten Muller-Otvos details the new 'Spectre' electric car set to release in two years.

Cryptos continue to divide US business leaders


Cryptos continue to divide US business leaders



Voyager Digital CEO and co-founder Steve Ehrlich on the opportunities, risks and potential regulations that can come with cryptocurrencies.

We won’t allow Western capital to fuel rise of China: Rep. Barr


We won’t allow Western capital to fuel rise of China: Rep. Barr



Rep. Andy Barr., R-Ky., on why American money must be blocked from flowing into China.

Ikea to remove CCTV found above toilets at Peterborough distribution centre

The furniture giant says it understands that the discovery of the cameras "may be concerning".

from BBC News - Business https://ift.tt/3ukOi70

Stock futures rebound as bond yields retreat


Stock futures rebound as bond yields retreat



U.S. stock futures bounced back Wednesday as jitters in the U.S. Treasury market eased.

GB number plate sticker no longer valid abroad

The GB stickers motorists use when driving abroad are no longer valid after a change in UK rules.

from BBC News - Business https://ift.tt/3CUk5i7

Pensions department faces 'serious questions' over non-payments

Thousands of newly-retired people have not been paid their state pension owing to a backlog.

from BBC News - Business https://ift.tt/2Y9JNAr

Amazon's algorithms taken to task in landmark bill

Warehouse workers can no longer be sacked for time off task if they have good reason to take breaks.

from BBC News - Business https://ift.tt/3kOxJx6

Samsung Electronics close to finalizing $17B Texas chip plant -sources


Samsung Electronics close to finalizing $17B Texas chip plant -sources



Samsung Electronics Co Ltd is close to finalising the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said.

China: Big spender or loan shark?

China hands out twice as much development cash as the US - mostly high-interest loans from state banks.

from BBC News - Business https://ift.tt/3m7fiDl

Tuesday, September 28, 2021

Amazon unveils new hardware lineup


Amazon unveils new hardware lineup



Amazon Smart Thermostat, Astro home assistant, Echo Show 15, Halo View fitness tracker among Amazon's latest upcoming products

Oil price rises above $80 for first time in three years

Analysts believe that oil prices will continue to rise amid surging demand and tight supplies.

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

United Airlines vaccination mandate temporarily halted for employees seeking religious or medical exemptions


United Airlines vaccination mandate temporarily halted for employees seeking religious or medical exemptions



United Airlines agreed to temporarily halt its plans to place employees who submit exemption requests from its COVID-19 vaccine requirement on unpaid leave, according to attorneys representing employees in a lawsuit.

Blackstone to sell The Cosmopolitan resort and casino for $5.65B


Blackstone to sell The Cosmopolitan resort and casino for $5.65B



MGM would also enter into a long-term lease agreement with a partnership among Stonepeak Partners, Cherng Family Trust and Blackstone Real Estate Income Trust Inc, which will acquire The Cosmopolitan's real estate assets.

Brock Pierce: Cryptos are ‘largest’ but not only asset class in my portfolio


Brock Pierce: Cryptos are ‘largest’ but not only asset class in my portfolio



Bitcoin Foundation Chairman Brock Pierce discusses bitcoin, government spending, investing and the markets.

NYU students speaks out against Instagram's toxicity: 'Time to reclaim our autonomy'


NYU students speaks out against Instagram's toxicity: 'Time to reclaim our autonomy'



NYU student Rikki Schlott speaks out against Instagram and whether social media companies can change to become less toxic for teenage girls, arguing parents and young people 'need to take back charge.'

Petrol supply: Crisis starting to ease, Boris Johnson says

The situation at fuel stations is "stabilising", says the PM, after days of queues and pump closures.

from BBC News - Business https://ift.tt/3zTr7l7

Amazon announces Astro the home robot

Astro can patrol the home when you're not there, or be remotely controlled.

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

Schumer seeks to fast-track raising the debt ceiling


Schumer seeks to fast-track raising the debt ceiling



Senate Majority Leader Chuck Schumer says Democrats are prepared to raise the debt ceiling on their own if they can do so with a simple majority.

EXPLAINER: Why Facebook is holding off on kids' Instagram


EXPLAINER: Why Facebook is holding off on kids' Instagram



Facebook said Monday it will "pause" its work on a kids' version of its photo and video-oriented Instagram app.

IRS expansion could destroy financial privacy: Grover Norquist


IRS expansion could destroy financial privacy: Grover Norquist



Americans for Tax Reform President Grover Norquist weighed in on the long-term impacts that could come from an expansion of the IRS.

Watchdog says Dem spending bill may cost even more than they say: 'You have no idea how much it really costs'


Watchdog says Dem spending bill may cost even more than they say: 'You have no idea how much it really costs'



Committee for a Responsible Federal Budget Senior Vice President Marc Goldwein says Democrats' reconciliation bill could really cost more than $5 trillion.

'The Points Guy' launches new travel app


'The Points Guy' launches new travel app



The Points Guy founder and CEO Brian Kelly discusses the company's goal to help consumers travel for cheaper, concerns regarding traveling amid pandemic and what to expect from holiday travel.

Ford’s electric vehicle investment fueling American jobs with new mega sites


Ford’s electric vehicle investment fueling American jobs with new mega sites



Ford CEO Jim Farley on plans to build new plants in Kentucky and Tennessee that would ramp up EV production and create 11,000 new jobs.

What's in short supply and why?

Shortages are one thing we don't seem to be running out of in the UK right now.

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

Tech experts criticize Google Android privacy, make case for paying consumers for data


Tech experts criticize Google Android privacy, make case for paying consumers for data



Tech experts are highlighting privacy concerns with Google’s Android smartphones, which have sensors that track not only users’ locations, but movements throughout the day, as well.

Key workers struggling to travel amid fuel crisis

Panic buying of petrol has left some key workers unable to get fuel to travel to work.

from BBC News - Business https://ift.tt/39Z48uN

Pelosi reverses on demand reconciliation passes with infrastructure, setting up clash with House progressives


Pelosi reverses on demand reconciliation passes with infrastructure, setting up clash with House progressives



House Speaker Nancy Pelosi Monday night said that Democrats must pass the $1.2 trillion infrastructure bill before the much larger reconciliation bill.

Heating costs may triple as nat gas, propane shortage looms


Heating costs may triple as nat gas, propane shortage looms



Oil and propane inventories are shrinking leaving the U.S. undersupplied as the winter heating season looms.

New 159 fraud hotline launched to counter threat

Potential victims who dial it will be automatically connected to their bank's fraud prevention service.

from BBC News - Business https://ift.tt/3D7ZwPx

Stocks futures slide as Fed's Powell set to warn on inflation


Stocks futures slide as Fed's Powell set to warn on inflation



U.S. stock futures were under pressure Tuesday as Federal Reserve Chairman Jerome Powell was set to voice concerns on inflation.

Amid Schumer push, Dems' reconciliation bill may give tens of billions to 'scandal-plagued' NYC public housing


Amid Schumer push, Dems' reconciliation bill may give tens of billions to 'scandal-plagued' NYC public housing



Senate Majority Leader Chuck Schumer has been arguing for increased federal funding for public housing for nearly a year.

Broadband switching to be made faster and easier under new rules

Switching from one tech to another will no longer require long phone calls to several companies.

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

Monday, September 27, 2021

Former Facebook intel analyst: 'They only stopped because they got caught'


Former Facebook intel analyst: 'They only stopped because they got caught'



Former Facebook intel analyst Kara Frederick gives the latest on Facebook pausing work on Instagram kids version on 'Fox Business Tonight'

Fuel supply: Army put on standby to ease pressure on petrol stations

Military drivers are being trained so they are ready to be deployed if necessary, the government says.

from BBC News - Business https://ift.tt/3okL7Lk

TikTok surpasses 1 billion monthly active users globally


TikTok surpasses 1 billion monthly active users globally



The milestone comes after TikTok was nearly banned from the U.S. after being hit with an executive order from the Trump administration in August 2020.

'I'm trapped in a joint mortgage with my abuser'

An abuse survivor describes her ordeal as a charity calls for action to tackle financial abuse. from BBC News https://ift.tt/bWL1OrA