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April 14, 2021

CNBC business

Surgeon says pausing J&J vaccine for younger populations makes sense, but could be lifted for older age groups

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CNBC – For more and to sign up click here Dr. Atul Gawande said he “thinks there is something distinct going on here” when it comes to blood clotting and Johnson & Johnson‘s single-dose Covid-19 vaccine. “We have an unusual kind of blood clotting syndrome, very specific to these vaccines,......

Holders of ‘cult-assets,’ like crypto, are putting pressure on the market, Jim Cramer says

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CNBC – For more and to sign up click here CNBC’s Jim Cramer said Wednesday that he’s growing worried as the dearth of sellers in bitcoin and other crypto assets has reached a “messianic” moment. “Right now there are so many cult-assets — Coinbase, cryptocurrencies, meme stocks, non-fungible-tokens — that......

CDC panel postpones decision on J&J vaccine while it investigates rare but serious blood-clot issue

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CNBC – For more and to sign up click here A Centers for Disease Control and Prevention panel on Wednesday decided to postpone a decision on Johnson & Johnson’s Covid-19 vaccine while it investigates cases of six women developing a rare but potentially life-threatening blood-clotting disorder that left one dead......

The Madoff letters: Newly revealed correspondence shows the deceased con man’s efforts to shape his legacy

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CNBC – For more and to sign up click here From the moment he arrived at the federal prison complex in Butner, North Carolina, on July 14, 2009, until his death Wednesday, Bernard Madoff was more than just inmate No. 61727054. Fellow inmates reportedly sought him out for financial advice.......

Stock futures inch higher after S&P 500 retreats from record

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CNBC – For more and to sign up click here Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Wednesday evening after the S&P 500 retreated from record levels during the regular session. Contracts tied to the Dow added 50 points,......

Open middle seats could reduce Covid exposure of maskless air travelers, CDC study shows

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CNBC – For more and to sign up click here View of the cabin of a Delta flight between Minneapolis and Baltimore on April 25, 2020. Sebastien Duval | AFP | Getty Images Keeping middle seats open on aircraft could reduce passengers’ exposure to the virus that causes Covid-19 by......

Here’s who just got rich from the Coinbase debut

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CNBC – For more and to sign up click here New York’s Union Square Ventures first invested in Coinbase at 20 cents a share in 2013. Eight years later, the stock debuted on the Nasdaq at $381. Source – Click here for more To Return to the Main Aggregate News......

Dell jumps as it unveils VMware stock spinoff plan

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CNBC – For more and to sign up click here Michael Dell, chairman and CEO of Dell at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Dell shares rose as much as 9% in extended trading on Wednesday after the company announced its plan to proceed with the......

‘It is time to end America’s longest war’ — Biden announces U.S. troops to leave Afghanistan by Sept. 11

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CNBC – For more and to sign up click here WASHINGTON – President Joe Biden said Wednesday that he will withdraw U.S. combat troops from Afghanistan by September 11, ending America’s role in what has become its longest war. The removal of approximately 3,000 American servicemembers coincides with the 20th......

People in these states receive the highest tax refunds on average

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CNBC – For more and to sign up click here Many taxpayers get a refund from the IRS. Not all are created equal. Some taxpayers receive significantly higher refunds after filing their returns, according to an analysis of IRS data done by LendingTree. In 2018, the latest available data, the......

Officer who shot and killed Capitol rioter Ashli Babbitt won’t be charged, DOJ says

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CNBC – For more and to sign up click here Rioters clash with police trying to enter Capitol building through the front doors, January 6, 2021. Lev Radin | Pacific Press | LightRocket | Getty Images The Department of Justice said Wednesday that it will not pursue criminal charges against......

Amazon will examine its employee review system after claims of racial bias

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CNBC – For more and to sign up click here The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its Seattle office to work from home, leaving much of downtown nearly void of people.......

American Airlines ramps up domestic schedule to nearly pre-pandemic levels

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CNBC – For more and to sign up click here An American airlines Airbus A321-200 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images American Airlines is expanding its summer schedule in a bet that the resurgence of......

Former police officer Kim Potter arrested on manslaughter charge in fatal shooting of Daunte Wright

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CNBC – For more and to sign up click here Brooklyn Center, Minnesota Police officer Kim Potter in 2007. Bruce Bisping | Star Tribune via Getty Images Kim Potter, the Minnesota police officer who fatally shot Daunte Wright, was arrested Wednesday morning on a charge of second-degree manslaughter for his......

Gary Gensler confirmed by Senate to lead the SEC, Wall Street’s top regulator

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CNBC – For more and to sign up click here Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Gary Gensler will lead the Securities and......

The Cheesecake Factory tries to bounce back from Covid-19

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CNBC – For more and to sign up click here Americans love The Cheesecake Factory.  The restaurant known for its massive 21-page menu and dozens of dessert options is ranked as one of the top casual dining restaurants in the U.S. by trade publication Nation’s Restaurant News. The company reported......

Restaurants see diners return, but feel a labor crunch as hiring becomes a top priority

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CNBC – For more and to sign up click here Daniel Halpern is looking to hire 800 workers, and it hasn’t been easy. Halpern is CEO of Jackmont Hospitality, an Atlanta-based foodservice company that franchises about 45 restaurants including TGI Fridays across the country. Diners are returning. But Halpern hopes......

GOP Rep. Kevin Brady, top House tax writer for Trump cuts, will retire at end of term

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CNBC – For more and to sign up click here Chairman of the House Ways and Means Kevin Brady Joshua Roberts | Reuters Rep. Kevin Brady, the Texas Republican who took a leading role in pushing former President Donald Trump‘s sweeping tax-cut bill through Congress in 2017, said Wednesday he......

Coinbase indicated to open on Nasdaq at about $340 per share, up from $250 reference price

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CNBC – For more and to sign up click here Coinbase shares were indicated to open at about $340 per share on the Nasdaq Wednesday morning after providing a reference price of $250 per share Tuesday evening. Skirting the traditional IPO process, Coinbase will list its stock directly, allowing employees......

Here’s what Coinbase is and how to use it to buy and sell cryptocurrencies

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CNBC – For more and to sign up click here Coinbase will be the first major crypto business to go public in the U.S. when it begins trading on Wednesday. At a reference price of $250 a share ahead of the NASDAQ direct listing, the company is worth about $65.3......

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