business news
Facebook ‘looking at’ facial recognition technology: Andrew Bosworth
Andrew Bosworth AKA Boz, an advertising expert for Facebook, gives a talk at the Online Marketing Rockstars marketing trade show in Hamburg, Germany, 03 March 2017. Photo: Christian Charisius/dpa | usage worldwide (Photo by Christian Charisius/picture alliance via Getty Images) Christian Charisius | picture alliance | Getty Images Facebook’s head of hardware on Thursday confirmed …
Nasdaq 100 tries to break losing streak, and traders look for discounts
The Nasdaq 100 has been seeing red. The tech-heavy index was in the green in Wednesday’s premarket after falling for six straight days. At Tuesday’s close, it was down 4% in the past week as rising rates made high-growth stocks less attractive to investors. Some of the hardest hit include high-flying names including Peloton, Zoom, …
What to expect from Robinhood, Reddit and Citadel
The chiefs of Robinhood, Reddit, Citadel and Melvin Capital, are headed to Washington for Thursday’s highly anticipated GameStop hearing at the U.S. Congress. Lawmakers will get their chance to grill the CEOs, as well as the Reddit trading star known as Roaring Kitty, about last month’s GameStop trading turmoil. Robinhood CEO Vlad Tenev, Melvin Capital …
Latest news on cases, vaccines and stimulus
Quest Diagnostics doubles genetics sequencing to find Covid variants A Quest Diagnostics requisition form is displayed for a photograph at Perry Memorial Hospital in Princeton, Illinois, U.S.. Daniel Acker | Bloomberg | Getty Images Quest Diagnostics said it has doubled the amount of genetic sequencing it’s doing in an effort to track new mutations and …
60% of nursing home staff refused shots, Walgreens exec says
Many Americans have logged on to websites before sunrise, waited in long lines and driven hours to get Covid vaccines. Yet in nursing homes, many people have reacted the opposite way to vaccination opportunities: About 60% of employees at long-term care facilities declined the shots, said Rick Gates, Walgreens senior vice president of pharmacy and …
Delaying second AstraZeneca vaccine dose does work, study shows
A health worker shows a vial of AstraZeneca-Oxford’s Covid-19 coronavirus vaccine, at Patan Hospital near Kathmandu on January 27, 2021. PRAKASH MATHEMA | AFP | Getty Images The U.K.’s decision to delay the second shot of the AstraZeneca-University of Oxford coronavirus vaccine has been found to be an effective strategy, according to the results of …
Robinhood says restrictions on GameStop due to tenfold increase in deposit requirements
The Robinhood application on a smartphone. Bloomberg | Bloomberg | Getty Images Online broker Robinhood said that it put temporary buying restrictions on a small number of securities because central Wall Street clearinghouse-mandated deposit requirements for equities increased tenfold. The decision by Robinhood, a free-trading pioneer and app that’s popular among small investors, drew scrutiny …
Apple reportedly working on thinner, lighter MacBook Air with MagSafe
Apple Macbook Air Source: Apple Apple is planning to release a new thinner and lighter MacBook Air that will launch in the second half of this year or early next year, according to Bloomberg. The report said Apple will plan to market the device as a higher-end version of the current MacBook Air, which Apple …
GOP lawmakers gave tours to Trump supporters before riot, Capitol police probing claims
Capitol Police said Friday that they are investigating allegations by Democratic members of Congress that Republican lawmakers gave tours of the Capitol to supporters of President Donald Trump a day before a pro-Trump mob rioted there. Rep. Mikie Sherrill, D-N.J. had said Tuesday that on Jan. 5 she saw “members of Congress who had groups …
Italy’s government in crisis after former PM pulls support
Italian current Senator, former premier and head of the political party ‘Italia Viva’ (IV), Matteo Renzi holds a press conference on January 13, 2021 at the Italian Chamber of Deputies in Rome. ALBERTO PIZZOLI | AFP | Getty Images LONDON — Italy’s former Prime Minister Matteo Renzi on Wednesday announced his intention to pull his …
