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April 15, 2021

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Here’s who just got rich from the Coinbase debut

CNBC
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......

Crumpled clothes and bare shelves: As retailers like Walmart, Macy’s woo customers back, some have to clean up shop

CNBC
CNBC – For more and to sign up click here A man shops for clothes in Macy’s department store in Herald Square, New York. Trevor Collens | AFP | Getty Images Crumpled piles of clothes. Unpacked boxes of inventory. Half-empty shelves. And employees rushing through aisles to grab items for......

Tech comedians are poking fun at their employers, drawing big followings

CNBC
CNBC – For more and to sign up click here Alexis Gay quit her job in tech to pursue comedy full-time amid the Covid-10 pandemic. Images courtesy of Alexis Gay When Alexis Gay had to present second quarter results to her team on a Zoom video call, she sat down......

Justice Thomas suggests regulating tech platforms like utilities

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CNBC – For more and to sign up click here Associate Justice Clarence Thomas poses for the official group photo at the US Supreme Court in Washington, DC on November 30, 2018. Mandel Ngan | AFP | Getty Images Justice Clarence Thomas suggested Monday that tech platforms could be regulated......

Employees could be heading back to the office sooner than they think

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CNBC – For more and to sign up click here The days of working from home may numbered. While some companies, including JPMorgan Chase, Salesforce and PricewaterhouseCoopers, are dumping office space, others are ramping up their return-to-work plans.   Just this week, Google, one of the first major U.S. companies......

Here’s how you can be forced to get the Covid vaccine in the U.S.

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CNBC – For more and to sign up click here President Joe Biden said in March that the U.S. aims to have 200 million Covid vaccine doses administered during his first 100 days in office. By May, every American adult who wants a vaccine will be eligible to get in......

CarMax ads featuring basketball star Sue Bird go viral, call attention to gender bias in sports

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CNBC – For more and to sign up click here Sue Bird of the Seattle Storm celebrates during the game against the Las Vegas Aces in Game Three of the WNBA Finals on October 6, 2020 at Feld Entertainment Center in Palmetto, Florida. Ned Dishman | National Basketball Association |......

Google is accelerating partial reopening of offices and putting limits on future of remote work

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CNBC – For more and to sign up click here Google CEO Sundar Pichai speaks on stage during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. Stephen Lam | Reuters Google, one of the first major U.S. companies to send employees home last year because......

Amazon says it expects some employees to return to the office this summer, most will return in fall

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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.......

Analysts get bullish on Facebook and Twitter, but trader warns of one headwind coming to a ‘boiling point’

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CNBC – For more and to sign up click here Social stocks are in the spotlight. Deutsche Bank boosted its Facebook price target to a Street high on Monday, highlighting tail winds in the advertising space, while Truist analysts upgraded Twitter to a buy on what they view as the......

Spotify jumps into the hot live audio trend with acquisition of Clubhouse rival Betty Labs

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CNBC – For more and to sign up click here People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City. Spencer Platt | Getty Images Spotify is moving......

Stocks making the biggest moves in the premarket: Goldman Sachs, Credit Suisse, Nomura & more

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CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Discovery Communications (DISCA), Viacom (VIAC) – Both stocks remain on watch this morning, after significant declines last week. A source with direct knowledge of the situation told CNBC......

Big Tech’s data watchdog in Europe is facing accusations of bureaucracy and lethargy 

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CNBC – For more and to sign up click here FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC DUBLIN — The EU’s landmark privacy rules were hailed as a success when launched in 2018, but some believe they have placed too much weight on individual authorities and have......

Cargo ship blocking Suez Canal has been refloated, says Inchcape

CNBC
CNBC – For more and to sign up click here A handout picture released by the Suez Canal Authority on March 24, 2021 shows a part of the Taiwan-owned MV Ever Given (Evergreen), a 400-metre- (1,300-foot-) long and 59-metre wide vessel, lodged sideways and impeding all traffic across the waterway......

Here’s who runs Twitter under Jack Dorsey

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CNBC – For more and to sign up click here Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. CNBC After setting......

Elon Musk tweets Tesla could become ‘the biggest company’ surpassing Apple

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CNBC – For more and to sign up click here Tesla CEO Elon Musk tweeted early Friday morning that “I think there is a >0% chance Tesla could be the biggest company” and added, “probably within a few months” in replies to followers. Musk’s second tweet offering guidance on timing......

Facebook to reopen its Bay Area offices for some employees in May

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CNBC – For more and to sign up click here Facebook will reopen its offices in the Bay Area for some employees starting in May, the company confirmed to CNBC. Facebook’s Bay Area office, which includes its Menlo Park, California, headquarters, will open at 10% capacity in May as long......

WeWork CEO expects strong rebound for shared office space in post-Covid return to work

CNBC Real Estate
WeWork CEO Sandeep Mathrani told CNBC on Friday the office-sharing firm expects to see a strong recovery in demand as Covid vaccines help control the pandemic. “There’s going to be a huge shift in coming back to work, and we’re a flex provider so we’re completely the person who would see......

Frustration shows through as Congress grills social media CEOs yet again

CNBC
CNBC – For more and to sign up click here Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. U.S. House of......

Fidelity wants to launch a bitcoin ETF: CNBC After Hours

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CNBC – For more and to sign up click here CNBC.com’s MacKenzie Sigalos brings you the day’s top business news headlines. On today’s show, Kate Rooney breaks down investment giant Fidelity’s plans to launch a bitcoin ETF. Plus, Hugh Son walks through the debate on Wall Street’s treatment of junior......

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