business news
Ezra Miller charged with felony burglary days after Warner Bros Discovery CEO Zaslav praises ‘Flash’ movie
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle | Bauer-Griffin | Filmmagic | Getty Images As David Zaslav seeks to revamp Warner Bros.’ Discovery’s DC cinematic universe, one of the studio’s biggest stars continues to make headlines for alleged […]
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Novavax cuts 2022 revenue guidance in half, stock tanks in after-hours trading
In this photo illustration a silhouette of a man holding a medical syringe and a vial seen displayed in front of the Novavax logo on a screen. Cezary Kowalski | Lightrocket | Getty Images Novavax deeply cut its full year revenue guidance Monday, with no new Covid vaccine sales expected for 2022 in the U.S. […]
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Father, son get life for hate crime in Ahmaud Arbery’s death
The white father and son convicted of murder in Ahmaud Arbery’s fatal shooting after they chased the 25-year-old Black man through a Georgia neighborhood were sentenced Monday to life in prison for committing a federal hate crime. U.S. District Court Judge Lisa Godbey Wood handed down the sentences against Travis McMichael, 36, and his father, Greg McMichael, […]
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Stocks making the biggest moves after hours: Novavax, Upstart, Allbirds and more
A woman holds a small bottle labeled with a “Coronavirus COVID-19 Vaccine” sticker and a medical syringe in front of displayed Novavax logo in this illustration taken, October 30, 2020. Dado Ruvic | Reuters Check out the companies making headlines after hours. Novavax — The biotech stock dropped 32% after Novavax cut its full-year revenue […]
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Allbirds ‘dramatically’ slows pace of new hires as loss widens
A woman walks past an Allbirds store in the Georgetown neighborhood of Washington, D.C., on Tuesday, Feb. 16, 2021. Al Drago | Bloomberg | Getty Images Allbirds on Monday cut its financial forecast for the year and announced a number of efforts to cut costs as the sustainable shoe maker reported a wider quarterly loss […]
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Crypto mixing service Tornado Cash blacklisted by Treasury Department for alleged use in laundering
The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash, banning Americans from using a service that the government said, “launders the proceeds of cybercrimes.” “Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a […]
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Olivia Newton-John, pop singer who found stardom with ‘Grease,’ dies at 73
Olivia Newton-John, a British Australian pop star who dominated the pop culture of an era, has died after repeated treatments for cancer, her husband announced Monday. She was 73. “Dame Olivia Newton-John (73) passed away peacefully at her Ranch in Southern California this morning, surrounded by family and friends,” John Easterling, her husband, announced on her official […]
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Your iPhone may finally show the battery percentage on the home screen again
Apple’s iOS 16 Beta 5 shows battery percentage Todd Haselton | CNBC The fifth beta version of iOS 16 has a feature many iPhone users have been missing: The battery percentage in the status bar at the top of the screen. The notched display in the iPhone X, released in 2017, left little room for […]
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Carried interest provision is cut from Inflation Reduction Act. How this tax break works, and how it benefits high-income taxpayers
Sen. Kyrsten Sinema, D-Ariz., and Sen. Joe Manchin, D-W.V., on Capitol Hill on Sept. 30, 2021. Jabin Botsford | The Washington Post | Getty Images Senate Democrats passed a historic package of climate, healthcare and tax provisions on Sunday. But one proposed tweak to the tax code — a modification of so-called carried interest rules […]
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Trump complained U.S. generals lacked the loyalty German generals showed Hitler, book says
Colonel General Kurt Zeitzler talking to Adolf Hitler, prior to the revolt of Hitler’s generals, circa 1944. Keystone | Hulton Archive | Getty Images Former President Donald Trump complained to then-White House Chief of Staff John Kelly that American generals were not as loyal to him as he believed German generals had been to Nazi […]
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