Browsing Category:Business

double-mutation-covid-variant-in-india-may-spread-to-other-countries-doctor-says
The double mutation of a Covid-19 variant discovered in India is extremely worrying - and, according to Dr. Kavita Patel, a non-resident Brookings Institution scholar, spread to other countries."It's something that should be watched very closely and that won't be limited to India. It's something that we will likely see around the world, as we have with other...
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nomura-had-stellar-financial-year-until-warning-of-potential-losses-analyst
The warning by the Japanese investment bank Nomura that losses in the billions could arise at a US subsidiary was "rather unfortunate," said an analyst on Tuesday.Nomura on Monday reported a potential loss of $ 2 billion from transactions with a customer in the United States. The bank's shares in Japan fell following the announcement, falling more than...
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fallout-from-hedge-funds-defaults-spreads-through-markets
Here’s what you need to know:Thomas Gottstein, who has been chief executive of Credit Suisse for about a year, is facing the second blow to the bank’s reputation and finances within a month.Credit...Ennio Leanza/EPA, via ShutterstockCredit Suisse was in the middle of yet another international financial debacle on Monday after the Swiss bank warned that it faced “highly significant”...
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a-smarter-app-is-watching-your-wallet
As the processing of natural language, a part of artificial intelligence, is refined, some of these apps create a relationship with their users. Charlie, an app focused on reducing debt, is a chatbot-based penguin that acts as a supportive friend."Charlie celebrates your progress, no matter how small or large," said Ilian Georgiev, Charlie's co-founder and CEO. "One...
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ark-invests-arkx-space-exploration-etf-to-begin-trading-on-tuesday
Virgin Galactic pilots head to the company's SpaceShipTwo Unity spacecraft, which is attached to the Eve jet carrier aircraft.Virgo GalacticArk Invest, Cathie Wood's company with several actively managed exchange-traded funds, will unveil its newest fund on Tuesday: a space exploration ETF.ARKX, the company's eighth ETF, is coming as more private space companies prepare to go public later this year....
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stocks-fall-to-start-the-week-as-impacts-continue-to-be-felt-from-margin-call-rout
Equities added to losses on Monday as bank stocks were weak on Friday's margin call downtrend.The Dow Jones Industrial Average fell 130 points. The S&P 500 was down 0.4% and the Nasdaq Composite was also trading negative.ViacomCBS and Discovery stocks fluctuated after coming under heavy selling pressure last week. The two companies were believed to have been...
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stimulus-payments-for-many-low-income-americans-are-still-being-processed-heres-why
Tens of millions of lower-income Americans are still waiting for their stimulus checks, but some progress has been made towards paying them.Individuals receiving Social Security, Supplemental Security Income, Railroad Retirement Board, and Veterans Affairs benefits - while not having to file tax returns for failing to meet income thresholds - have faced delays because the Internal Revenue Service did...
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the-tax-headaches-of-working-remotely
However, New Jersey has announced that it will give its new teleworkers credit for those New York City taxes for 2020, despite being entitled to the revenues as taxpayers now work within its boundaries, Walczak said. So residents don't have to worry about double taxation for the time being. But New Jersey estimates it will forego more...
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san-diego-comic-con-faces-backlash-over-thanksgiving-weekend-dates
A sign photographed from outside the annual San Diego Comic-Con International at the San Diego Convention Center on Sunday July 15, 2012 in San Diego, California.stevezmina1The coronavirus pandemic has paralyzed the live events business, especially the lucrative comic convention industry. In order to raise much-needed funds, San Diego Comic-Con postponed its show to fall in July 2021.However, the...
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