Day: April 1, 2022
Will Smith resigns from motion picture academy over ‘inexcusable’ Chris Rock Oscars slap
Will Smith has resigned from the Academy of Motion Picture Arts and Sciences, days after he smacked comedian Chris Rock at the annual Oscars ceremony in Los Angeles. In a statement issued Friday, Smith said he would “accept any further consequences” the group’s board of governors may deem appropriate. “My actions at the 94th Academy […]
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Meta says employees no longer need Covid boosters to come to U.S. offices
Kevin Dietsch | Getty Images Facebook parent Meta Platforms will stop insisting that employees have Covid booster shots in order to come to its facilities in the U.S., a spokesperson confirmed to CNBC on Friday. Technology companies have begun the process of luring their workers back to their corporate campuses. Meta, as well as Microsoft, […]
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As Wall Street banks embrace crypto, high-flying start-ups look to lure top finance talent
Wall Street has been beefing up hiring for digital asset teams. But some employees are walking away from name-brand institutions in search of more risk, and potentially, more reward. JPMorgan Chase, Morgan Stanley and Goldman Sachs are among the firms with dedicated groups for cryptocurrency and its underlying blockchain technology. JPMorgan has one of the […]
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U.S. NTSB helps China download voice record of crashed Boeing jet
Rescuers conduct search and rescue work at the core site of a recent plane crash in Tengxian County, south China’s Guangxi Zhuang Autonomous Region, March 26, 2022. Lu Boan | Xinhua News Agency | Getty Images The U.S. National Transportation Safety Board said Friday it was assisting Chinese investigators with the download of the cockpit […]
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Spider-Man spin-off ‘Morbius’ with Jared Leto is ‘lazy,’ ‘not good’ and ‘totally skippable,’ critics say
Jared Leto stars as Michael Morbius in Sony’s “Morbius.” Sony It’s never a good sign when a critic says your movie could have been “better summed up in a two-minute trailer,” but, alas, that is the case for Sony’s latest Marvel film “Morbius.” As Adam Graham of the Detroit News notes in his review of […]
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White House is worried about famine overseas due to Russia-Ukraine war, economic advisor says
The Biden administration is worried Russia’s invasion of Ukraine will cause famine in parts of the world, White House Council of Economic Advisers Chair Cecilia Rouse told CNBC on Friday. In an interview on “Closing Bell,” Rouse noted that Russia and Ukraine serve as “the bread basket” for many parts of the world, as the […]
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Myocarditis risk higher after Covid infection than Pfizer or Moderna vaccination, CDC finds
A healthcare worker administers a Covid-19 test in San Francisco, California, on Monday, Jan. 10, 2022. David Paul Morris | Bloomberg | Getty Images People infected with Covid-19 face a higher risk of myocarditis and other inflammatory heart conditions than those vaccinated against the disease, according a large study published by the Centers for Disease […]
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Stocks making the biggest moves midday: Tellurian, Wynn Resorts, Snap, Walgreens and more
Water from a fountain sprays into the air in front of signage for the Wynn Macau casino resort. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Friday: Tellurian — The liquified natural gas company (LNG) surged 19.4% after Credit Suisse upgraded Tellurian to outperform, saying LNG […]
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These are JPMorgan’s top stock picks for April
A background-screening company and three other names were added to analysts’ monthly top stock picks. Source
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Investing may be getting too complex for retail investors — and even professional brokers
As more cutting-edge investment products work their way into the marketplace, there’s growing fear retail investors and even professional brokers are getting in over their heads. Former SEC attorney David Gorman, who’s now a partner at Dorsey & Whitney, contends complex products designed for profits are creating unprecedented risks and U.S. regulators are taking notice. […]
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