Business

Man Waving Confederate Flag During U.S. Capitol Riot Arrested

5 days ago   |   By Forbes

The man, whom federal authorities identified as Kevin Seefried, was arrested in Delaware Thursday morning.
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From cutting all ties with Trump to pulling political donations, here's how corporate America has responded to the Capitol insurrection

From cutting all ties with Trump to pulling political donations, here's how corporate America has responded to the Capitol insurrection

5 days ago   |   By Business Insider

Summary List Placement Since rioters stormed the US Capitol on January 6 in a desperate bid to overturn the presidential election result, top US firms have been scrambling to distance themselves from President Donald Trump and his supporters.
In the immediate aftermath of the insurrection , business leaders were quick to condemn the rioters. Then, in the days that followed, they backed up those words with actions.
Some have cut off political funding, while others, including banks and social media giants, severed their ties to President Donald Trump.
Here's how corporate America is...
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It's time to raise the cost of spreading conspiracy theories

5 days ago   |   By Fortune

Conspiracy theories were a major driver behind the Jan. 6 insurrection at the U.S. Capitol building. They have also been a growing part of the political right's internal struggles since at least 2008. But why do people believe in crackpot conspiracy theories like QAnon, Pizzagate , or the narrative that the 2020 election was stolen? Why do they act on them, sometimes violently?
If you think of irrationality as a consumer good, much like a car or a television, you can better understand why people sometimes say and do crazy things. Think of it like this: People buy more cars and televisions...
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Traveling to the U.S.? Prepare to Take a Coronavirus Test

5 days ago   |   By NY Times

Beginning Jan. 26, international travelers bound for the United States must show negative coronavirus test results before boarding their flights. Here's what you need to know.
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After Jan. 6 Mob Attack At U.S. Capitol, MLB Suspends Political Contributions Through PAC

5 days ago   |   By Forbes

In the wake of the Jan 6 mob attack on the U.S. Capitol, Major League Baseball is suspending political contributions through its PAC.
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This pitch deck won cloud backup firm Rewind $15 million in funding

This pitch deck won cloud backup firm Rewind $15 million in funding

Summary List Placement Rewind, the Canadian cloud backup startup, just raised $15 million in a Series A funding round led by Inovia Capital. Founded in 2015, Toronto-based... Read more ...

Yellen pushes GOP senators on $1.9 trillion relief package

Yellen pushes GOP senators on $1.9 trillion relief package

WASHINGTON - Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its... Read more ...

How businesses and workers can prepare for shifting employment regulation...

How businesses and workers can prepare for shifting employment regulation under the Biden administration

Summary List Placement Policies and regulations shift any time there's a new president, but legal and policy experts expect that the incoming Biden administration will usher in... Read more ...

Europeans Increasingly Eager to Travel During Spring 2021 As Covid-19...

Europeans Increasingly Eager to Travel During Spring 2021 As Covid-19 Vaccine Rollout Begins

Despite continuing lockdowns, Europeans are progressively interested in trips during the second quarter of 2021 as COVID-19 vaccines are rolled out. That is according to the... Read more ...

BlackBerry jumps 20% after settling patent dispute with Facebook

BlackBerry jumps 20% after settling patent dispute with Facebook

Summary List Placement BlackBerry shares spiked as much as 20% Tuesday after the company announced it settled a patent infringement suit with Facebook. The terms of the... Read more ...

Microsoft is the latest investor to join GM's Cruise in a round that values...

Microsoft is the latest investor to join GM's Cruise in a round that values the self-driving firm at $30 billion

Summary List Placement General Motors and its self-driving subsidiary Cruise on Tuesday announced a new deal with Microsoft to speed up the commercialization of autonomous... Read more ...

Coherent skyrockets 33% after Lumentum announces $5.7 billion acquisition of...

Coherent skyrockets 33% after Lumentum announces $5.7 billion acquisition of rival laser maker

Summary List Placement Shares of Coherent skyrocketed 33% Tuesday after rival laser maker Lumentum announced it will acquire the company in a cash and stock deal. The $5.7... Read more ...

Muir, Autograph Collection Hotel to Open on the Halifax Waterfront

Muir, Autograph Collection Hotel to Open on the Halifax Waterfront

Muir, Autograph Collection opens on the Halifax waterfront in the summer of 2021, promising a refined, distinctly Nova Scotian hospitality experience with stunning waterfront... Read more ...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global...

The Biden rescue plan could boost 2021 GDP growth to 11.4%, JPMorgan global chief strategist says

Summary List Placement President-elect Joe Biden's $1.9 trillion rescue plan could boost nominal GDP growth to 11.4% year-over-year by the end of 2021, says JPMorgan's David... Read more ...

AMC soars 37% after issuing $100 million in debt to stave off bankruptcy

AMC soars 37% after issuing $100 million in debt to stave off bankruptcy

Summary List Placement AMC soared as much as 37% on Tuesday after revealing it raised $100 million in a new debt offering. The theater chain issued new debt due in 2026 at a... Read more ...