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October 22, 2021

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South Korea’s First Homemade Rocket Lifts Off but Is ‘One Step Short’

New York Times
New York Times – For more and to sign up click here SEOUL — South Korea launched its first homemade rocket on Thursday, a mission that was only partly successful but that officials called an important step toward ​placing domestically made satellites in orbit to better monitor growing threats from......

‘Big Short’ Michael Burry says SEC subpoenaed him over GameStop frenzy: CNBC After Hours

CNBC
CNBC – For more and to sign up click here CNBC.com’s Pippa Stevens brings you the day’s top business news headlines. On today’s show, CNBC.com’s Yun Li reports on how the SEC’s scrutiny of meme stocks is getting serious. Plus, Federal Reserve officials step down amid controversy over stock purchases.......

Senate GOP blocks bill that would fund government and suspend debt limit, as time runs short to avoid shutdown and default

CNBC
CNBC – For more and to sign up click here Congress is running out of time to prevent a shutdown and a default. Senate Republicans on Monday blocked a bill that would fund the government and suspend the U.S. debt ceiling, leaving Democrats scrambling to avoid a possible economic calamity.......

Here’s what Robinhood executives allegedly said internally at the height of the GameStop short squeeze

CNBC
CNBC – For more and to sign up click here Vlad Tenev, CEO and Co-Founder of Robinhood, in his office on July 15, 2021 in Menlo Park, California. Kimberly White | Getty Images Entertainment | Getty Images Robinhood executives had a lot to talk about the week Reddit users were......

Southwest Airlines’ next CEO says carrier will cut flights next year if staffing falls short

CNBC
CNBC – For more and to sign up click here A passenger checks in her luggage at the Southwest Airlines terminal at LAX. Mel Melcon | Los Angeles Times | Getty Images Southwest Airlines customers suffered hundreds of cancelations, delays and other disruptions this summer as the carrier struggled with......

An Experiment to Stop Online Abuse Falls Short in Germany

New York Times
“We have zero tolerance for hate speech and support the aims of NetzDG,” Facebook said in a statement. Twitter, which received around 833,000 complaints and removed roughly 81,000 posts during the same period, said a majority of those posts did not fit the definition of illegal speech, but still violated......

Trudeau Will Remain Prime Minister, but Falls Short of a Majority

New York Times
New York Times – For more and to sign up click here OTTAWA — Prime Minister Justin Trudeau’s political gamble failed to pay off Monday when Canadian voters returned him to office but denied him the expanded bloc of power he had been seeking in Parliament. Unofficial election results on......

Florida Falls Short of Punctuating an SEC Classic

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTgzOTY2ODcwNzkyMDU0NjY5/florida-loses-alabama-emory-jones.jpg Ross Dellenger GAINESVILLE, Fla. — Three yards? Three yards. What’s three yards? Just nine feet. Maybe two strides for a 6-footer. Three yards doesn’t seem like much. Some people could hop three yards, maybe even skip three yards, and they certainly can jump three yards. Three yards separated Florida......

America is short more than 5 million homes, and builders can’t make up the difference

CNBC
CNBC – For more and to sign up click here Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S. June 3, 2021. Mike Blake | Reuters Anyone searching for a home today knows full well the pickings are slim.......

Oracle falls short on revenue as it ramps up cloud investment

CNBC
CNBC – For more and to sign up click here Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual......

Oracle revenue falls short of expectations as cloud competition rises

Reuters
The Oracle logo is shown on an office building in Irvine, California, U.S. June 28, 2018. REUTERS/Mike Blake Sept 13 (Reuters) – Enterprise software firm Oracle Corp (ORCL.N) fell short of Wall Street expectations for first-quarter revenue on Monday, hurt by competition in the cloud computing space. Shares of the......

Russia Influences Hackers but Stops Short of Directing Them, Report Says

New York Times
WASHINGTON — Moscow’s intelligence services have influence over Russian criminal ransomware groups and broad insight into their activities, but they do not control the organizations’ targets, according to a report released on Thursday. Some American officials said there had been a lull, at least for now, in major ransomware attacks......

Scores of asset managers fall short on tougher UK best practice code

Reuters
Protesters block traffic at Bank Junction during the Extinction Rebellion protest in London, Britain April 25, 2019. REUTERS/Simon Dawson LONDON, Sept 6 (Reuters) – BlackRock, Fidelity, Legal & General, M&G and abrdn are among 125 firms endorsed under Britain’s tougher best practice code to stop “greenwashing” by asset managers, though......

Economy falls well short of expectations with 235,000 jobs added in August amid delta surge

USA TODAY – For more and to sign up click here Zachary Halaschak The economy fell far short of predictions and added just 235,000 new jobs in August as the delta variant of COVID-19 surged. Economists had projected that 750,000 jobs would be gained. The unemployment rate fell to 5.2%,......

Alaska Airlines will give vaccinated employees $200, stops short of company mandate

CNBC
CNBC – For more and to sign up click here Alaska Airlines Airbus A320-214 arrives at Los Angeles international Airport on September 15, 2020 in Los Angeles, California. AaronP/Bauer-Griffin | GC Images | Getty Images Alaska Airlines will require unvaccinated employees to be tested regularly for Covid-19 but the Seattle-based......

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