Browsing Category:Business

Business

The auto industry ‘has to move’ on electrification, sustainability

the-auto-industry-has-to-move-on-electrification-sustainability
Sustainability has found its way onto the dashboard of many company executives, and the money will follow - especially in the electric vehicle space, when investment trends and R&D commitments play a role."ESG (environmental, social and corporate governance) has become a priority for our industry, not only because of the long-term impact of emissions, but also because ... the...
Continue reading
0 Comments
Share
Business

Coinbase debut is a ‘watershed’ for crypto — but there are risks ahead

coinbase-debut-is-a-watershed-for-crypto-but-there-are-risks-ahead
Coinbase will go public on Wednesday via a blockbuster direct listing, and investors are hailing this as a "turning point" for the cryptocurrency industry.Digital currency exchange could be worth up to $ 100 billion, making it more valuable than major trading venues like the New York Stock Exchange's parent company Intercontinental Exchange and Nasdaq.This is because the prices of...
Continue reading
0 Comments
Share
Business

The U.S. is Losing $1 Trillion Annually to Tax Cheats

the-u-s-is-losing-1-trillion-annually-to-tax-cheats
Here’s what you need to know:Charles Rettig, the commissioner of the Internal Revenue Service, said during a Senate Finance Committee hearing that the agency lacks the resources to go after tax cheats.Credit...Anna Moneymaker for The New York TimesThe United States is losing approximately $1 trillion in unpaid taxes every year, Charles Rettig, the Internal Revenue Service commissioner, estimated on...
Continue reading
0 Comments
Share
Business

FDA advises pausing J&J Covid vaccine after blood-clotting issue affects 6 women, kills 1

fda-advises-pausing-jj-covid-vaccine-after-blood-clotting-issue-affects-6-women-kills-1
The Food and Drug Administration on Tuesday called on states to temporarily stop using Johnson & Johnson's Covid-19 vaccine "out of caution" after six women in the US developed a rare blood clotting disorder in which one woman was dead and one the other critical was a condition."Right now, these adverse events seem extremely rare," the FDA said in...
Continue reading
0 Comments
Share
Business

Bitcoin hits new all-time high above $63,000 ahead of Coinbase debut

bitcoin-hits-new-all-time-high-above-63000-ahead-of-coinbase-debut
The Coinbase application for exchanging cryptocurrencies that appears on the screen of an iPhone.Getty ImagesBitcoin hit a new record high of more than $ 63,000 on Tuesday as investors awaited the highly anticipated debut of the Coinbase cryptocurrency exchange.Bitcoin price soared to $ 63,236, according to data from Coin Metrics, before falling slightly to $ 62,877. It was...
Continue reading
0 Comments
Share
Business

Alibaba shares jump after China orders Ant Group to revamp business

alibaba-shares-jump-after-china-orders-ant-group-to-revamp-business
An Ant Group logo is pictured at the company's headquarters, a subsidiary of Alibaba, in Hangzhou, Zhejiang Province, China, on October 29, 2020.Aly Song | ReutersGUANGZHOU, China - Alibaba shares in Hong Kong rose nearly 4% on Tuesday when it opened after regulators ordered the e-commerce giant's financial technology subsidiary Ant Group to overhaul its business.Along with a...
Continue reading
0 Comments
Share
Business

DARPA nuclear spacecraft Lockheed, Bezos’ Blue Origin, General Atomics

darpa-nuclear-spacecraft-lockheed-bezos-blue-origin-general-atomics
An artist's impression of a DRACO spacecraft.DARPAThe Pentagon's research and development division on Monday hired three companies to build and demonstrate a nuclear propulsion system on a spacecraft in orbit by 2025.General Atomics, Lockheed Martin, and Jeff Bezos' space company Blue Origin received the Defense Advanced Research Projects Agency (DARPA) award under the Agency for Agile Cislunar Operations (DRACO)...
Continue reading
0 Comments
Share
Business

Tesla, Nuance Communications, Uber and more

tesla-nuance-communications-uber-and-more
A Tesla logo on a Model S is photographed at a Tesla dealer in New York.Lucas Jackson | ReutersCheck out the companies that are making headlines in mid-day trading.Tesla - Tesla's shares fell 3.7% after Canaccord Genuity upgraded the stock to buy, citing Tesla's battery innovations. Canaccord also raised its 12-month price target for Tesla from $...
Continue reading
0 Comments
Share
123…13