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Academy delays ceremony to March 27, 2022
DEAN TREML | AFP | Getty ImagesThe Academy of Arts and Sciences for Feature Films announced on Thursday that it plans to postpone the Academy Awards next year by one month to March 27, 2022. The show was originally scheduled to take…
Today’s Business and Stock Market News: Live Updates
Daily Business BriefingMay 27, 2021Updated just nowTreasury Secretary Janet Yellen said that her agency lacks sufficient resources to oversee an economic recovery that still has “a long road ahead” and called on Congress to provide her with…
Best Buy (BBY) earnings Q1 2022 beats
Best Buy announced Thursday that sales increased 36% in the first quarter of the fiscal year Consumer electronics.Shares in the company 3.3% in premarket trading after the home electronics and appliances retailer raised its forecast.Corie…
Biden to Propose $6 Trillion Budget to Boost Middle Class and Infrastructure
If Mr Biden's plans went into effect, the government would spend nearly a quarter of the country's total economic output each year for the next decade. It would generate tax revenues of just under a fifth of the economy as a whole.In…
Investors who are short GameStop, AMC are out of their mind
CNBC's Jim Cramer said Wednesday he wasn't sure why investors are still betting against GameStop and AMC Entertainment, two of the so-called meme stocks popular on Reddit's WallStreetBets forum.The "Mad Money" host spoke out after a session…
Twitter Calls on Indian Government to Respect Free Speech
NEW DELHI - Twitter on Thursday fought against India's increasingly persistent efforts to speak online by the police, calling on the government there to respect freedom of expression and criticizing the so-called "intimidation" tactics used…
Privacy laws need updating after Google deal with HCA Healthcare, medical ethics professor says
US privacy laws need to be updated, especially after Google signs a deal with a major hospital chain, medical ethics expert Arthur Kaplan said on Wednesday. "Now we have electronic medical records, huge amounts of data, and it's like asking…
A Culture of Fear at the Firm That Manages Bill Gates’s Fortune
A generic sounding namePrior to Mr. Larson, Andrew L. Evans, a longtime friend who had previously served a six-month sentence for bank fraud, was Mr. Gates' financial advisor. (Mr. Gates visited him in prison.) When Mr. Evans' criminal…
Jefferies on the carbon challenges in electric vehicle manufacturing
According to Jefferies' Simon Powell, electric vehicle manufacturing is currently facing the "embedded carbon" challenge."To get the environmental dividend that governments are seeking, users will need to store it longer and drive it…
Judge Clears Purdue Pharma’s Restructuring Plan for Vote by Thousands of Claimants
"It's not unprecedented, but it is highly controversial," said Adam J. Levitin, a bankruptcy law professor at Georgetown University Law Center. "It's not even clear that the bankruptcy court has jurisdiction," as the Sacklers themselves…