Biden administration to halt deportations for 100 days for some undocumented immigrants
- Business
- 2021-01-22 00:14:19Z
Gold inched lower on Friday as U.S. Treasury yields ticked up, though bets of a large U.S. stimulus kept the metal on course for its best week in five. Spot...
Intel Corp executives have raised the possibility of licensing chipmaking technology from outside firms, a move that could see it exchanging manufacturing...
(Bloomberg) -- Shiseido Co. is in advanced talks to sell its shampoo and affordable skincare business to CVC Capital Partners for 150 billion to 200 billion ...
Hong Kong will place tens of thousands of its residents in a lockdown to contain a new outbreak of the coronavirus, the first such measure the Chinese-ruled ...
Asian markets fell Friday as investors took a breather following a strong week for global equities as Joe Biden took up residence in the White House, though ...
Fauci said he always tried to speak his mind while he served in the Trump administration. "That's why I got in trouble some times," he added.
(Bloomberg) -- Malaysia's yield curve has raced higher over the past year and is now near the steepest since 2017. The return to a strict lockdown and delays...
The 'Uncharted' movie has been delayed again. It finished shooting last year, but won't come out until at least February 11th, 2022.
(Bloomberg) -- Ontario Municipal Employees' Retirement System almost quadrupled its stock holdings in Asia-Pacific last year and plans to keep boosting its...
Lawrence Elbaum and Patrick Gadson, Co-Heads of Shareholder Activism at Vinson & Elkins By CorpGov Editorial Staff FactSet has named Vinson & Elkins...
Emerging stronger from the Covid-19 pandemic, Asia is set to dominate this year's virtual World Economic Forum as a virus-battered West struggles and a new...
Beijing launched mass COVID-19 testing in parts of the city on Friday, while Shanghai was testing all hospital staff, as China battles the worst outbreak...
The bulls are out in full force for Micron (MU) right now. Over recent months, sentiment has changed toward the memory chip giant. Whereas only a couple of...
Brazil's Health Ministry on Thursday said 2 million doses of the AstraZeneca coronavirus vaccine should arrive on Friday from India, confirming a Reuters...
The Queen's representative says she is sorry for the lack of a healthy work environment at her office.
Japan's core consumer prices slumped in December at the fastest annual pace in a decade, a sign of intensifying deflationary pressures that sharpen the case ...
FORT LAUDERDALE, Fla. - A second team of lawyers is urging a Broward judge to force Sheriff Gregory Tony to answer whether he was ever charged as an adult...
Welcome to the Capital Note, a newsletter about business, finance, and economics. On the menu today: climate follies, minimum-wage follies, "robber baron...
Oil prices fell in early trade on Friday, retreating further from 11-month highs hit last week, on worries new pandemic restrictions in China will curb fuel ...
Instacart is laying off nearly 1,900 of its part-time employees who assemble customer orders at grocery stores, including a 10-person union at a Kroger-owned...
Google's parent company is shutting down its balloon internet project.
Ford (F) is a legacy car maker, with none of the glitz attached to the new electric vehicle players. However, so far, this year it is giving the upstarts a...
Elon Musk said Thursday via a tweet that he will donate $100 million toward a prize for the best carbon capture technology. Musk, who recently surpassed...
The airbags' Takata inflators can degrade, causing airbag rupture. Ford Edge, Fusion, Ranger, Lincoln MKX and MKZ/Zephyr, and Mercury Milan are affected.
The Japanese car maker has told the BBC its Sunderland plant is secure for the long term.
Esports "total solutions provider" VSPN (Versus Programming Network) has closed a $60 million Series B+ funding round, joined by Prospect Avenue Capital (PAC), Guotai Junan International and Nan Fung Group. VSPN facilitates esports competitions in China, which is a massive industry and has expanded into related areas such as esports venues. The "B+" funding round comes only three months after the company raised around $100 million in a Series B funding round, led by Tencent Holdings.
Bitcoin gains in 2021 dropped below 1% as strong selling continues.
Google's parent firm, Alphabet, is done exploring the idea of using a fleet of balloons to beam high-speed internet in remote parts of the world. The firm said on Thursday evening that it was winding down Loon, a nine-year-old project and a two-and-a-half-year-old spin off firm, after failing to find a sustainable business model and partners for one of its most prominent moonshot projects. The demise of Loon, which assumed spotlight after the project helped restore cell services knocked out by a hurricane in Puerto Rico, comes a year after the Android-maker ended Google Station, its other major connectivity effort to bring internet to the next billion users.
By Exec Edge Editorial Staff Whether you're developing software, starting a restaurant, or building any business in between, nothing reveals truth like...
Capturing planet-warming emissions is becoming a critical part of many plans to keep climate change in check, but very little progress has been made on the...
(Bloomberg) -- Bitcoin fell below $30,000 as it continues to retreat from the record highs reached during a furious rally over the past two months.The...
President Trump has granted 237 acts of clemency, low in historical terms, but his last pardons follow trend of aiding friends and supporters.
Acting Homeland Security Secretary David Pekoske issued a memo calling for deportations to be halted for 100 days by Friday at the latest.
A new form of African swine fever identified in Chinese pig farms is most likely caused by illicit vaccines, industry insiders say, a fresh blow to the...
Yet for being among the wealthiest people on the planet, Musk's philanthropic track record over the years has been paltry compared to the likes of Jeff Bezos...
(Bloomberg) -- Asian stocks pulled back from an all-time high in early Friday trading as investors assessed earnings, prospects for stimulus and escalating...
In a letter to President Biden yesterday, Amazon offered to help the new administration with its goal to vaccinate 100 million Americans in its first 100...
Labor advocates called on Instacart to reverse a decision to lay off hundreds of employees, including the company's only workers to belong to a union.
It's payday, and you log on to your bank account hoping to see a hefty deposit, but it has a lot less heft than you expected. You can thank payroll taxes for...
That's 100 times more than the present owner paid for it in 1982.
(Bloomberg) -- It may be the oil market's worst-kept secret: millions of barrels of Venezuelan heavy crude, embargoed by the U.S., have been surreptitiously ...
County Bancorp (ICBK) delivered earnings and revenue surprises of 89.19% and 20.38%, respectively, for the quarter ended December 2020. Do the numbers hold...
Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to...
The new administration and new Congress in Washington are quickly running into the same old debates about Covid relief. President Joe Biden has called for a ...
Hims & Hers, a San Francisco-based telehealth startup that sells sexual wellness and other health products and services to millennials, began trading publicly today on the NYSE after completing a reverse merger with the blank-check company Oaktree Acquisition Corp. Its shares slipped a bit, ending the day down 5% from where they started, but the company, which was founded in 2017 and now claims nearly 300,000 paying subscribers for its various offerings, has never been focused on a splashy headline about its first-day performance, co-founder and CEO Andrew Dudum told us earlier today. On the contrary, Dudum says that while Hims might have once imagined a traditional IPO, it decided to...
(Bloomberg) -- Intel Corp.'s incoming Chief Executive Officer Pat Gelsinger pledged to regain the company's lead in chip manufacturing, countering growing calls from some investors to shed that part of its business."I am confident that the majority of our 2023 products will be manufactured internally," he said. "At the same time, given the breadth of our portfolio, it's likely that we will expand our use of external foundries for certain technologies and products."He plans to provide more details after officially taking over the CEO role Feb. 15, however Gelsinger was clear that Intel is sticking with its once-mighty manufacturing operation."We're not just interested in closing gaps," he...
Hims is going to SPAC itself onto the public markets, which should prove interesting for other D2C startups eyeing the same move. The final quarter of 2020 and the full year brought an ocean of capital to bear on U.S. startups, something that we delighted in chewing on.
We already know that 2020 was a huge year for PC shipments, now Intel is confirming that report with explosive fourth quarter earnings results. Intel's Client Computing Group, which houses its PC products, reached $10.9 billion in revenue during the quarter, a 9 percent jump over last year.
A new report suggests there's a pricey Apple VR headset in the works, Facebook's Oversight Board will examine one of the social network's most consequential decisions and we review the Samsung Galaxy S21 Ultra. Apple is developing a standalone virtual reality headset that could debut in 2022, according to Bloomberg.
Resident Evil Re:Verse is a new multiplayer game that pits some of the franchise's most iconic characters against one another in four to six player deathmatches.
It is unclear why the video was not removed when it was posted, or why Twitter told the plaintiff, now 17, that it did not violate its rules.
Likely pick helped craft Dodd-Frank financial overhaul during Obama administration
During a reading of her poem "The Hill We Climb," 22-year-old poet Amanda Gorman paid homage to Maya Angelou, Langston Hughes, and Barack Obama.
Psaki said the administration will restore daily weekday press briefings and regular briefings with public health officials to discuss the pandemic.
One America News Network hasn't issued a retraction notice after taking down articles about Dominion, Sidney Powell, Rudy Giuliani, and others.
President Joe Biden issued three executive orders related to the pandemic on his first day in office.
Airline said it plans to recover in coming years with revenue from future travel and cost-cutting
Biden's day-one actions are part of his pledge to repair America's alliances and reestablish the US as a leader in global affairs.
The 46th president faces one of the toughest tests as he tells the nation it can pick up the pieces and move forward
A surreal and desolate DC on Biden's Inauguration Day shows that the US is a real long way from the "normal" that the new president has promised.
Despite the National Guard presence, the closed Mall, and Covid-19, people found a way to mark the transfer of power in Washington.
Great Place To Work CEO Michael Bush shares his advice for how to discuss the Jan. 6 attack with employees.
A millennial couple, inspired by financial guru Dave Ramsey's 'gazelle intensity' method, sold their home and bought an RV to cut student debt.
The venture capital firm known as a16z wants to tell its own stories. But objectivity might be hard to engineer.
McDonald’s owners, Checkers, TGI Fridays and others report January boost—but the lift can be fleeting
Pandemic networks have shrunk by 17%—almost entirely among men.
Netflix stock is close to an all-time high after the company reported better-than-expected subscriber growth.
Harris will be sworn in as vice president of the United States today.
Fourth-quarter earnings jumped 51%; results topped analyst estimates
Sales jumped 8% in latest quarter, fueled by demand for high-end household products
'Our businesses are strongest when they reflect America at its best: people with different backgrounds coming together around a common purpose.'
We spent a day exploring Donald Trump's new stomping grounds — the ritzy Florida area around Mar-a-Lago, his private club. Here's what it's like.
The shot, yet to be approved elsewhere in the West, is easier to store, ship and administer to recipients unable to travel
‘Politics doesn’t have to be a raging fire,’ the new president said, adding ‘Let’s begin to listen to one another again’
The more quickly business leaders rally behind the new administration, the sooner America can recover its economic vitality, writes Harvard's Bill George.
The incoming president will spend his first hours in office taking a series of executive actions on coronavirus, the environment and immigration
Dow, Nasdaq, S&P at new highs as investors parse results from Netflix, Procter & Gamble, others
David Barrett said democracy and the free market "cannot be separated," and blasted executives who refused to take stands to protect them.
"We extend our best wishes, and we also want them to have luck — a very important word," Trump said of the incoming administration.
Used Peloton bikes are selling online through Facebook and Craigslist within hours for the same price as a new bike.
The deal with Paccar, the company behind big rig names like Kenworth and Peterbilt, is a major validation for Aurora's technology.
Dr. James Hildreth, a Black immunologist on the FDA committee, said it the shots are safe and Black people were involved in all stages of development.
In the middle of quoting James Joyce, Biden choked up and began to cry as he praised his home state of Delaware and his late son, Beau.
Streaming giant said it added a record 37 million subscribers in 2020
Netflix said Tuesday it added 8.5 million paid subscribers in Q4, compared to estimates of 6.03 million, as the streaming market heats up.
Founder Justin Kan shut down his legal tech startup, Atrium, after raising $75 million. He shared the mistakes he made from hiring to R&D.
Republicans attacked the Biden stimulus plan provisions such as the direct payments, aid to state governments and a $15 minimum wage.
One of the most promising competitors to Tesla, the startup has now raised some $8 billion since the start of 2019.
The segments on Harris Faulkner's new show were based off of just two soundbites from "Real Time with Bill Maher" and "Morning Joe."
Contrary to what many progressives believe, race, not gender, has always been the primary driver of white women’s politics.
State Department cites imprisonment, torture and forced sterilization against minority group, accusations Beijing has denied
With the rise of short-form video, creators are seeing a boom in growth on Instagram as the platform continues to push Reels, its TikTok copycat.
Senate Majority Leader McConnell said mob was ‘provoked by the president and other powerful people’
"The mob was fed lies," McConnell said Tuesday. "And they tried to use fear and violence to stop" the 2020 presidential election certification.
The revival of sea shanties prove viral video app TikTok is the new cultural bellwether.
Rochelle Walensky will start as CDC director Wednesday after inauguration; ‘This is an emergency’
To protect democracy from falsehoods and conspiracy theories, corporate leaders should support civics education and news literacy.
Critics claim the company's software is opaque and potentially biased. The company says the independent audit is an effort to improve transparency.
Faulty software set back a bid by the world’s largest car maker for electric-vehicle dominance
Appeals court ruling gives incoming Biden administration an opening to reset rules for addressing climate change