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Dow Jones
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S&P And Dow Jones Remove Chinese Firms From Indexes

S&P And Dow Jones Remove Chinese Firms From Indexes Via Just The News: The S&P and the Dow Jones Industrial Average on Thursday removed some Chinese firms from their indices, following an executive order from the Trump administration. The administration order was issued last month and intends to limit the number of shares U.S. investment firms can buy of Chinese companies that the Defense Department determined were backed by the Chinese military. The House […]

today12/11/2020 16

DoorDash
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DoorDash Delivers 86% Gain In Stock Market Debut

DoorDash Delivers 86% Gain In Stock Market Debut Via AP News: DoorDash shares soared in its initial public offering Wednesday, capping a year of explosive growth for the food delivery company. What’s not yet clear is whether DoorDash can keep the momentum going even if delivery demand eases in a post-pandemic world. The San Francisco-based company raised $3.4 billion in the offering, making it the second largest IPO so far […]

today12/10/2020 3

Oil
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Oil Rises On Vaccine Hopes Despite U.S. Stock Build

Oil Rises On Vaccine Hopes Despite U.S. Stock Build Via Reuters: Oil prices rose on Wednesday as news about COVID-19 vaccines lifted investor hopes for a recovery in fuel demand and outweighed concerns sparked by figures indicating U.S. oil inventories jumped last week. Brent crude rose 57 cents, or 1.2%, to $49.41 a barrel by 0955 GMT. U.S. West Texas Intermediate (WTI) crude CLc1> climbed 57 cents, or 1.3%, to […]

today12/09/2020 5

Uber
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Uber, Hard-Hit By Pandemic, Sells Its Robot-Vehicle Division

Uber, Hard-Hit By Pandemic, Sells Its Robot-Vehicle Division Via AP News: Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic. Self-driving vehicle technology company Aurora will acquire the employees and technology behind Uber’s Advanced Technologies Group in an stock transaction, the companies said Monday. Uber will also invest $400 million into Aurora, and Uber’s CEO […]

today12/08/2020 3

Mastercard
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Mastercard To Investigate Allegations Against Pornhub

Mastercard To Investigate Allegations Against Pornhub Via Reuters: Mastercard Inc said on Sunday it was investigating allegations against Pornhub.com following a newspaper column which said many videos posted on the adult website depicted child abuse. The New York Times column, written by Nicholas Kristof, described videos on Pornhub that the author said were recordings of assaults on unconscious women and girls. "The issue is not pornography but rape. Let's agree […]

today12/07/2020 11

Make Amazon Pay
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More Than 400 Lawmakers From 34 Countries Back ‘Make Amazon Pay’ Campaign

More Than 400 Lawmakers From 34 Countries Back 'Make Amazon Pay' Campaign Via Reuters: More than 400 lawmakers from 34 countries have signed a letter to Amazon.com Inc boss Jeff Bezos backing a campaign that claims the tech giant has “dodged and dismissed … debts to workers, societies, and the planet,” organisers said. The “Make Amazon Pay” campaign was launched on Nov. 27 - the annual Black Friday shopping bonanza […]

today12/04/2020 7

Chinese Company
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US To Block Goods From Chinese Company Over Rights Abuses

US To Block Goods From Chinese Company Over Rights Abuses Via AP News: The U.S. said Wednesday it would block imports from a major Chinese producer of cotton goods because of its reliance on workers detained as part of a crackdown on ethnic minorities in China’s northwest. Customs and Border Protection issued an order halting shipments from the state-controlled Xinjiang Production and Construction Corps. Any U.S. company seeking to import […]

today12/03/2020 1

NYC Bar Owner
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NYC Bar Owner Who Defied Coronavirus Restrictions Arrested

NYC Bar Owner Who Defied Coronavirus Restrictions Arrested Via AP News: An owner of a New York City bar that was providing indoor service in defiance of coronavirus restrictions was arrested after a sting in which plainclothes officers went inside and ordered food and beverages, the city sheriff’s office said. Protesters shouted as deputies arrested Danny Presti, the co-owner of Mac’s Public House on Staten Island, on Tuesday. The tavern […]

today12/03/2020 21

Pandemic Aid
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U.S. Government Releases Data On Businesses That Took Pandemic Aid

U.S. Government Releases Data On Businesses That Took Pandemic Aid Via Reuters: The Trump administration late on Tuesday released the names of more than 10 million businesses and individuals that took pandemic aid, providing more transparency for the programs which officials say have been plagued by fraud and abuse. The Treasury Department and Small Business Administration (SBA) were forced to release the information on the Economic Injury Disaster Loan (EIDL) […]

today12/02/2020 5

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