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    In this article IVZThiago Prudencio | LightRocket | Getty ImagesAs the Securities and Exchange Commission defers signing off on bitcoin exchange-traded funds, some companies are exploring other ways to meet investors' growing demand for cryptocurrency. The SEC on Wednesday pushed another decision to approve Van Eck's bitcoin ETF, extending the review and asking for feedback on the proposed rule change,...
    The Financial Times (FT) recently released the top growing companies in America of 2021, with SmileDirectClub (SDC) coming in strong at #11. Debuting above companies like Beyond Meat and Lyft, it’s clear that SMILEDIRECTCLUB has built a strong business model that has caught people’s attention during the pandemic. Learn more about what these rankings say about the featured businesses and...
    In this article PTONA monitor displays Peloton Interactive Inc. signage during the company's initial public offering (IPO) across from the Nasdaq MarketSite in New York, U.S., on Thursday, Sept. 26, 2019.Michael Nagle | Bloomberg | Getty ImagesPeloton announced Tuesday the launch of a corporate wellness program as it aims to reach new users and grow its membership base. Businesses that...
    The owner and founder of the ChronoPay payment system in Russia, Pavel Vrublevsky, who stayed in a Russian prison for a cyber-attack on the payment system of the Aeroflot Airline for more than 2 years, decided to commit new cybercrimes while distributing malware, working with porn websites, as well as performing extortion, and blackmailing businesses and managers. The well-known Russian...
                      by Ailan Evans  Over 70 companies signed on to a letter Monday in support of the For the People Act, a voting bill proposed by Democrats seeking to reform large parts of the electoral process. The letter called on the Senate to pass the voting bill, calling it “one of...
    More On: Travel Vacation rental prices surge as pandemic-weary people begin to travel There’s a responsible way to do a no-fly world tour: Cargo ships, trains and $37K The booming foodie scene in Mystic, Conn., is so much more than pizza Retail sales dropped 1.3 percent in May, but services rose Nearly every corporate giant from Google to Goldman...
    As ransomware attacks surge, the FBI is doubling down on its guidance to affected businesses: Don't pay the cybercriminals. But the U.S. government also offers a little-noticed incentive for those who do pay: If you pay a ransom, it may be tax deductible. The Internal Revenue Sservice offers no formal guidance on ransomware payments, but multiple tax experts interviewed by...
    In the eyes of the tech industry, mental health treatment is an area ripe for disruption. In any given year, 1 in 5 adults in the U.S. experience a form of mental illness, according to federal estimates. And research indicates only about half of them receive treatment in a system that is understaffed and ill distributed to meet demand. For...
    Big Pharma CEOS testify before the Senate Finance Committee in February 2019. Win McNamee/Getty Let our journalists help you make sense of the noise: Subscribe to the Mother Jones Daily newsletter and get a recap of news that matters.This story was originally published by Undark and is reproduced here as part of the Climate Desk collaboration. Riti Krishtel’s first case as a legal...
    VIDEO19:2219:22Evolution of Investing: Rise of the Retail InvestorEvolve The Wall Street establishment and the Reddit, Robinhood-fueled meme stock traders don't see eye to eye, on just about anything. In fact, rolling eyes at the stock market's traditional ways is inherent in trades like GameStop and AMC Entertainment. Warnings from the market greats, like Warren Buffett, may as well be a...
    New York (CNN Business)It's been 15 long months since millions of workers left their offices and set up makeshift desks at home. But as Covid-19 cases decline and more Americans get vaccinated, companies are beginning to establish protocols about how, and whether, office life will resume. For Wall Street banks, the growing consensus is that everyone ought to be back...
    A Juneteenth flag is seen beneath the Stars and Stripes at the Fenway Park baseball stadium in Boston, Massachusetts, on June 18, 2020, the day before the holiday. Getty Images Juneteenth is one of the oldest public commemorations of the end of slavery in the US. Also called Freedom Day, Jubilee Day, Emancipation Day, or Liberation Day, Juneteenth is...
    U.S. publisher automates life cycle management of corporate Apple devices. Includes software deployment, endpoint security and identity tracking. As flexible office becomes the norm, companies will make it easier for their employees to manage Apple terminal fleets, whether they work on site, in front of customers or at home. JAMF provides the tools needed for secure access to verified applications...
    VIDEO3:5303:53As IPOs hit records this year, traders choose favorite fresh-faced stocksTrading Nation It's been a record-breaking year for companies making their public debuts on Wall Street — and it's only June. Low interest rates and a boom in special purpose acquisition companies, or SPACs, often referred to as blank-check companies, have accelerated the IPO and direct-listing craze this year. Some...
    The average American works 8.8 hours a day, but research suggests that may be three hours too many. Experts and company CEOs have found working five-hour days can improve productivity and boost overall wellness, as is the 'sweet spot' for when focus starts to dwindle.  Studies show that as our focus slides, we become less motivated, make more mistakes and...
    Europeans dream of it, will Americans do it? While the EU has been trying for years to limit the Kafa monopoly and bring out champions on its own continent, part of the salvation may come from the other side of the Atlantic. On Friday, June 11, several bills launched by the bipartisan coalition were released. Their goal? Control the power...
    London (CNN Business)The Ever Given is no longer blocking the Suez Canal, but the crisis is far from over for companies forced to endure a protracted legal battle in hopes of recovering goods worth hundreds of millions of dollars that have been stuck on the impounded container ship for months. IKEA and Lenovo (LNVGF) are among the companies with products...
    Goldman Environmental Prize Sharon Lavigne lives in "cancer alley," an area of Louisiana on the Mississippi River with a proliferation of chemical plants. Lavigne is the North American winner of the 2021 Goldman Environmental Prize, for her work successfully fighting back against a new plastic plant. President Biden has also pledged to fight for "environmental justice" in "cancer...
    New York (CNN Business)Corporate America must be compelled to fess up about the financial risks posed by the climate crisis, a coalition of state attorneys general told the Securities and Exchange Commission on Monday.In a comment letter obtained exclusively by CNN Business, California and nearly a dozen other states warn that the SEC's current disclosure rules are inadequate given the...
    We are, as one member of what is known as the "ape army" explained to me, in the midst of a digital version of Occupy Wall Street. This time, these retail investors, whether they be those "apes" rallying around AMC’s stock, other meme stock traders, members of subreddit forums like r/wallstreetbets and r/Superstonk and other individuals aren’t holding signs in...
    States Sending Millions of COVID Vaccine Doses Back to Federal Government As Demand Drops Tunisian navy rescues 54 migrants heading to Europe © RealVision Aswath Damodaran. RealVision Aswath Damodaran worries investors have grown complacent and might get burned. The NYU Stern finance professor said bitcoin fails as both a currency and a store of value. The Federal Reserve...
    (CNN)President Joe Biden's first trip abroad since taking office includes a G7 summit where he'll look to reestablish US leadership on the world stage. But what is the G7, and what power does it hold? Here's what you need to know:What is the G7?The G7 is shorthand for Group of Seven, an organization of leaders from some of the world's...
    After a cyberattack crippled the world’s largest meat producer last week, JBS SA meat plants have begun to reopen across the globe. But the meat industry shouldn’t be returning to business as usual — and for the security of our food supply, the Biden administration needs to make sure that it doesn’t. The JBS subversion, which has been attributed to...
    (CNN)President Joe Biden's first trip abroad since taking office includes a G7 summit where he'll look to reestablish US leadership on the world stage. But what is the G7, and what power does it hold? Here's what you need to know:What is the G7?The G7 is shorthand for Group of Seven, an organization of leaders from some of the world's...
    WASHINGTON (KDKA) – Today, vaccine advisors will meet with the Food and Drug Administration to discuss the next steps for vaccinating children under 12 against COVID-19. The meeting is not to approve or vote on anything nor is it to talk about a specific drug maker’s vaccine. READ MORE: How To Watch This Mornings Rare Ring Of Fire...
    SUMMIT COUNTY, Colo. (CBS4) – Despite strong spring precipitation, some rafting companies in the high country are adjusting routes earlier than usual due to low water levels. Trips on the upper Blue River in Summit County were cut short earlier than usual this year. (credit: CBS) In order to run commercial trips, the river needs to flow around 400 cubic...
    Workers check rolls of sheet aluminum at a factory in Wuhan, China.STR | AFP | Getty Images BEIJING — China's producer price index rose 9% in May from a year ago as commodity prices surged, the National Bureau of Statistics said Wednesday. That marked the fastest increase in production costs since September 2008, when the index rose 9.13%, according to...
    SUMMIT COUNTY, Colo. (CBS4) – Despite strong spring precipitation, some rafting companies in the high country are adjusting routes earlier than usual due to low water levels. Trips on the upper Blue River in Summit County were cut short earlier than usual this year. (credit: CBS) In order to run commercial trips, the river needs to flow around 400 cubic...
    One of the great paradoxes of recent economic history is how little the information technology sector has contributed to overall productivity. Somewhat surprisingly, we do not witness, even with a lag, a major pickup in the productivity growth in other industries that are directly and indirectly connected to the IT industry. One would expect that if the IT industry were...
    If the current trajectory of the woke culture is any indication, the pressure on companies to take left-wing positions on political issues isn’t going away. For America’s business leaders, the question shouldn’t be “how long must we ride out the storm?” The question now is “are we ready for the moment when the mob turns against my organization?” For years,...
    Florida GOP Gov. Ron DeSantis complained just months ago that Twitter and other social media sites were 'enforcers of preferred narratives.' Florida GOP Gov. Ron DeSantis on Monday hailed Twitter's decision to suspend the account of Rebekah Jones, a former employee of the Florida Department of Health who criticized his...
    CHICAGO (CBS) — There’s a new boot ban in Chicago’s 1st Ward. After Ald. Daniel La Spata got tired of complaints about private companies booting cars, he and the City Council approved an ordinance to stop it. The trouble is, the city botched the beginning of the ban. Check out the mess CBS 2 Morning Insider Tim McNicholas tries to...
    Talk radio host Brian Thomas commended Breitbart News Editor-in-Chief Alex Marlow for revealing how unprofitable left-wing news media outlets are financially sustained by conglomerates dependent on business in China in Breaking the News: Exposing the Establishment Media’s Hidden Deals and Secret Corruption. Thomas interviewed Marlow about Breaking the News on Monday’s edition of his eponymous radio program on 55KRC. Increasing corruption across...
    In this article AAPL GOOGL FB AMZN This photograph taken on September 28, 2017, shows a smartphone being operated in front of the logos of Google, Apple, Facebook and Amazon web giants.Damien Meyer | AFP | Getty ImagesThe world's biggest tech companies are facing a corporate tax avoidance crackdown after the Group of Seven most developed economies agreed a...
    Britain's Chancellor of the Exchequer Rishi Sunak (center), U.S. Treasury Secretary Janet Yellen (right) attend the first day of the G-7 Finance Ministers Meeting at Lancaster House in London on June 4, 2021.Stefam Rousseau | AFP | Getty Images Finance ministers from the Group of Seven (G-7) advanced nations agreed on Saturday to back a minimum global corporate tax rate...
    Member States of G7 Welcoming the signing on Saturday Of a “historic” contract London. For good reason, the United Kingdom, France, Italy, Canada, Japan, Germany and the US are determined to establish at least 15% of global corporate tax. It is undoubtedly targeting large technology and digital companies that pay absurd taxes in spite of huge profits, if not zero,...
    Commerce Secretary Gina RaimondoGina Raimondo Sunday shows preview: Infrastructure expected to dominate as talks continue to drag On The Money: Key takeaways from May jobs report | Biden rejects new GOP infrastructure offer as talks drag on The Hill's Morning Report - Presented by Citizens' Climate Lobby - Deal or no deal? Biden, Capito continue infrastructure talks MORE said Sunday...
    In a 'bigger is better' world, it is no longer enough for economists and investment managers to talk about trends. Instead, they talk about 'megatrends' – massive global changes that transcend physical, geopolitical and cultural boundaries.  In theory, these huge global shifts, such as an ageing population and the changing climate, should provide rich pickings for investors.  After all, if...
    In this article LGBTVIDEO4:3704:37Pride Month meets Wall Street as new LGBTQ ETF hits the marketETF EdgeJust in time for Pride Month, Wall Street has its first LGBTQ-focused ETF. ProcureAM, in partnership with LGBTQ Loyalty Holdings, launched the new LGBTQ100 ESG ETF this week. The first-of-its-kind fund uses LGBTQ community data to identify the top 100 companies that most align with...
    Starship prototype SN10 fires its three Raptor engines as it comes in for the landing.SpaceX The U.S. Air Force is expanding a small development program that wants to leverage reusable rockets, like those SpaceX is building, to deliver cargo quickly to anywhere in the world. Called Rocket Cargo, the experimental military program will be led by the U.S. Space Force,...
    President Joe Biden stuck a blow at Beijing when he signed an executive order on Thursday that bans American investment in Chinese businesses with alleged ties to defense or selling surveillance technology.  The order came because of the 'unusual and extraordinary threats' posed by Chinese surveillance technology against democracy, the administration said. 'This E.O. allows the United States to prohibit –...
    London (CNN Business)From Wall Street to Washington, everyone is waiting for the latest US jobs report.What's happening: The US Labor Department releases data for May on Friday. Economists polled by Refinitiv predict another 650,000 jobs were added to the economy. That would be up sharply from the 266,000 jobs added in April, a shock disappointment that raised questions about the...
    Ice cream maker Tillamook said in a recent blog post that a sharp rise in the price of berries and other ingredients left it no choice: It would "reduce the carton size from 56oz to 48oz and keep the price the same" rather than shock shoppers with a sharp price hike.  Welcome to the post-pandemic grocery aisle, where consumers are...
    London (CNN Business)The Biden administration's ambitious plan to overhaul the global tax system is about to face a crucial test.Treasury Secretary Janet Yellen heads to a meeting of Group of Seven finance ministers in London on Friday and Saturday looking to build support from many of the world's top economies — an important step in the administration's efforts to rewrite...
    Marco Rubio has called for limits to the power of social media and tech companies, pointing to the silencing of conservative voices and controversial opinions, after Facebook reversed its policy last month of removing posts that claim COVID-19 is man-made. The Florida senator appeared on Sean Hannity's Fox News show on Thursday night, and told of the dangers now posed...
    Republican Gov. Jim Justice of West Virginia is your run-of-the-mill Trumpian billionaire. He is considered the wealthiest person in West Virginia even though he’s something of a deadbeat, living off of subsidies, and failing ever upward. He mindlessly parrots whatever the conservative culture war persecution complex-of-the-day may be. Like Trump, Justice owns a golf course. And like Trump, Justice has reportedly...
    VIDEO3:0303:03Higher end semiconductor chips are expected to face 'inflation consequences'Squawk Box Asia The global chip shortage is causing problems for multiple industries and shows no signs of abating, but don't expect prices for all types of chips to shoot up, says the Asia-Pacific chief economist of research firm Natixis. Car makers have been hit hardest by the shortage, but the...
    (CNN Business)A major gas pipeline. Dozens of government agencies. A Florida city's water supply. And now, one of the world's top meat producers.The last few months have seen a sharp rise in cyberattacks, often disrupting products and services that are key to our everyday lives. Many of those attacks have used ransomware, a set of tools that lets hackers gain...