Technology
Morgan Stanley explains how unions could impact Amazon’s bottom line
Workers and supporters hold signs after filing a petition requesting an election to form a union outside the National Labor Relations Board (NLRB) regional office in the Brooklyn Borough of New York, on Monday, Oct. 25, 2021. Gabby Jones | Bloomberg | Getty Images Amazon workers on New York’s Staten Island on Friday voted to […]
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Britain announces plans to mint its own NFT as it looks to ‘lead the way’ in crypto
In this photo illustration a novelty Bitcoin token is photographed on £10 notes. Matt Cardy | Getty Images LONDON — The U.K. government on Monday announced plans to mint its own non-fungible token, as part of a push toward becoming a “world leader” in the cryptocurrency space. Finance Minister Rishi Sunak has asked the Royal […]
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Goldman is worried this could be like the 1970s and is recommending these stocks
The recent yield curve inversion has a strong analogue in 1973, according to Goldman Source
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5 things to know before the stock market opens Monday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady; key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE U.S. stock futures were mixed Monday, with the tech-heavy Nasdaq looking modestly higher. Twitter shares soared […]
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Two key tech execs quit Trump’s Truth Social after troubled app launch
The two Southern tech entrepreneurs had the two qualities that Donald Trump’s Truth Social startup needed: tech-industry expertise and a politically conservative worldview aligned with the former president, a rare combination in the liberal-leaning industry centered in San Francisco. Josh Adams and Billy Boozer – the company’s chiefs of technology and product development – joined […]
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How Russian banks got cut out of global finance: A ‘SWIFT’ system explainer
Several Russian banks were banned from the SWIFT financial-messaging system following Russia’s full-scale invasion of Ukraine. So, what does it mean to lose access to this important part of the international economy, and are there any viable alternatives? Effective communication systems are the backbone of how the world stays connected, from mobile phones, email networks, […]
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China’s BYD ends full combustion engine cars to focus on electric, plug-in hybrids
A BYD Co. electronic vehicle (EV) is charged at an EV charging station at the company’s campus in the Pingshan district of Shenzhen, China. Brent Lewin | Bloomberg | Getty Images China’s largest electric vehicle (EV) maker BYD said that as of last month it stopped making combustion engine vehicles and now produces full electric […]
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Tesla is unable to restart Shanghai production on Monday
A truck transports new Tesla cars at its factory in Shanghai, China May 13, 2021. Aly Song | Reuters Tesla has notified workers and suppliers that production at its Shanghai factory will not resume on Monday as it had hoped, according to an internal notice shared with Reuters. Reuters reported earlier on Sunday that the […]
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Tech companies cautiously bring people back while contending with hesitant employees
Atsuko Bolinguit, with tech startup company Fast, works in the office at her desk on March 24, 2021 in San Francisco, California. Justin Sullivan | Getty Images Starting Monday, Google is bringing most employees back to assigned physical offices three days a week. The company has said since the beginning of the pandemic that it […]
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Flag football at the Olympics might be the key to the NFL’s overseas business plan
A general view during the NFL London 2021 match between Miami Dolphins and Jacksonville Jaguars at Tottenham Hotspur Stadium on October 17, 2021 in London, England. Alex Pantling | Getty Images The NFL says it has a plan to grow its international business to $1 billion annually and attract its next set of fans. But […]
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