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May 4, 2021

Companies

Biden’s tax plan targets big companies, so why is small business worried?

CNBC
CNBC – For more and to sign up click here President Joe Biden speaks while visiting Smith Flooring, a small minority-owned business, to promote his American Rescue Plan in Chester, Pennsylvania, on March 16, 2021. Andrew Caballero-Reynolds | AFP | Getty Images Several top policy priorities in President Biden’s agenda......

TikTok picks CEO linked to blacklisted Chinese companies deemed national security threats by US

WashingtonExaminer
USA TODAY – For more and to sign up click here TikTok selected the chief financial officer of its Chinese parent company to be its CEO. The video sharing app, deemed a national security threat by the Trump administration, picked a leader, who, until last month, also held leadership positions......

Most U.S. companies will require proof of Covid vaccination from employees, survey finds

CNBC
CNBC – For more and to sign up click here A healthcare worker fills out a Covid-19 Vaccination Record Card in the Bronx borough of New York. Angus Mordant | Bloomberg | Getty Images More than 60% of companies in the U.S. will require proof of vaccination from their employees,......

Companies pull ads from “The O’Reilly Factor” after reports of sexual harassment

CBS News
CBS News – For more and to sign up click here Companies pull ads from “The O’Reilly Factor” after reports of sexual harassment – CBS News Watch CBSN Live As of Tuesday afternoon, 11 brands had pulled advertisements from “The O’Reilly Factor” after a New York Times investigation found that......

Analysis: U.S. companies are worried about inflation, equity investors less so

Reuters
People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid A growing chorus of U.S. companies are raising concerns about the rising costs of everything from labor to components, yet stock investors appear unfazed by the prospects......

A ‘tidal wave’ of Chinese companies rush into the red-hot IPO market in the U.S.

CNBC
CNBC – For more and to sign up click here The Xpeng P7 electric vehicle displayed outside the New York Stock Exchange on Aug. 27, 2020 when the Chinese electric vehicle launched its initial public listing. Jeenah Moon | Bloomberg | Getty Images BEIJING — Chinese companies are rushing to......

Jim Cramer reveals his guide to the ‘earnings gauntlet’ as the biggest companies report

CNBC
CNBC – For more and to sign up click here It’s a challenging moment for traders to game the market with Wall Street in the throes of earnings season, CNBC’s Jim Cramer said Tuesday. “Welcome to the gauntlet, the 72-hour period where the bulk of the biggest companies report. It’s......

U.S. companies boost sustainability scores – Refinitiv data

Reuters
Vapor is released into the sky at a refinery in Wilmington, California March 24, 2012. REUTERS/Bret Hartman/File Photo U.S. companies’ sustainability ratings rose in 2020, based on data from Refinitiv, as investors put more pressure on corporate boards to improve their environmental, social and governance (ESG) credentials and as authorities......

Attention shoppers: Price hikes are ahead, but consumer companies hope you won’t notice

CNBC
CNBC – For more and to sign up click here Shoppers search for items at a Costco Wholesale store August 4, 2020 in Colchester, Vermont. Robert Nickelsberg | Getty Images Inflation is coming. Look no further than Coca-Cola and Procter & Gamble sharing plans this week to raise prices to......

College students are getting valuable career experience working as brand ambassadors for companies like TikTok and Bumble

CNBC
CNBC – For more and to sign up click here Companies like TikTok and Bumble are hiring college students to work as brand ambassadors on campus. These jobs pay better than typical college jobs like food service and retail — and provide valuable career experience. Students say they’ve learned about......

Feds issue new rules to boost prepaid debit card security

CBS News
CBS News – For more and to sign up click here Feds issue new rules to boost prepaid debit card security – CBS News Watch CBSN Live People who use prepaid debit cards are getting new protections. Federal regulators are now requiring companies to be more transparent about fees and......

Chinese electric car companies target expansion in Europe while competition heats up at home

CNBC
CNBC – For more and to sign up click here Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC SHANGHAI — After the last year of growth in the world’s largest auto market, China’s electric car start-ups are stepping up plans to take......

Seven House Republicans pledge to take no donations from major tech companies.

New York Times
A group of seven House Republicans said on Wednesday that they would no longer take donations from major tech companies or their top executives, a sign of the growing distance between some conservatives and big business. The lawmakers said in a letter that the companies had limited the reach of......

Suspected Chinese hackers exploited Pulse Secure VPN to compromise ‘dozens’ of agencies and companies in US and Europe

CNN
USA TODAY – For more and to sign up click here The alarming report highlights how hackers repeatedly took advantage of several known flaws and one newly discovered vulnerability in Pulse Secure VPN, a widely used remote connectivity tool, to gain access to dozens of organizations in the defense industrial......

Booster shots and re-vaccinations could be needed. Drug companies are planning for it.

New York Times
New York Times – For more and to sign up click here Scientists have long said that giving people a single course of a Covid-19 vaccine might not be sufficient in the long term, and that booster shots and even annual vaccinations might prove necessary. In recent days, that proposition......

More than 100 companies sign letter opposing U.S. state voting restrictions

Reuters
Voters cast their ballots in Georgia’s Senate runoff elections at a Fulton County polling station in Atlanta, Georgia, U.S. January 5, 2021. REUTERS/Elijah Nouvelage/File Photo More than 100 U.S. companies including Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O), Ford Motor Co (F.N) and Starbucks Corp (SBUX.O)have declared their opposition to voting......

So far in earnings season, companies are reporting numbers way above what Wall Street expected

CNBC
CNBC – For more and to sign up click here A trader works on the floor of the New York Stock Exchange. NYSE Everyone knew earnings were going to be good, but this is really good. “There’s evidence every day that growth is clearly improving around the world, today from......

Hundreds of Companies Unite to Oppose Voting Limits, but Others Abstain

New York Times
On Tuesday, a spokesman for the bank said, “We publicly made our own strong statement last month about the critical importance of every citizen being able to exercise their fundament right to vote.” That statement for release on Wednesday came together over the past week and a half, after the......

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