Exclusive: U.S. watchdog weighs guidance aimed at curbing SPAC projections, liability shield – sources

FILE PHOTO: The U.S. Securities and Exchange Commission logo adorns an office door at the SEC headquarters in Washington, June 24, 2011. REUTERS/Jonathan ErnstWASHINGTON (Reuters) – The U.S. securities regulator is considering new guidance to rein-in growth projections made by listed blank-check companies, and clarify when they qualify for certain legal protections, according to three people with knowledge of the […]

Read more

BP’s quarterly profit hits $3.3bn as oil price rebounds

Recovery has allowed group to pay off debt and start its $500m share buyback scheme earlier than expected Coronavirus – latest updates See all our coronavirus coverage First published on Tue 27 Apr 2021 03.50 EDT BP has reported its biggest quarterly profit since the Covid pandemic began, and will hand investors a $500m (£360m) cash windfall, as the global […]

Read more

Slipping COVID-19 treatment demand hits Eli Lilly forecast

INDIANAPOLIS — Eli Lilly fell well short of Wall Street’s first-quarter expectations, and the drugmaker chopped the top end of its earnings forecast due to lower demand for COVID-19 treatments. Shares of the Indianapolis company started sliding early Tuesday morning. Lilly said it now expects 2021 adjusted earnings to range from $7.80 to $8 per share after predicting in late […]

Read more

Elon Musk challenged on ‘absurd’ Bitcoin impact: ‘Dread to think what children will say’

Elon Musk: PayPal was 'stepping stone' for SpaceX says expert When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Bitcoin’s price surged […]

Read more

Tesla falls 3% as lack of new vehicle-delivery guidance offsets record profit and Bitcoin proceeds

Britta Pedersen-Pool/Getty Images Shares of Tesla fell 3% on Tuesday after the company released its first-quarter earnings report. Tesla recorded record profits, in part driven by the sale of bitcoin and regulatory credits. But a lack of annual vehicle delivery guidance weighed on shares in Tuesday trades. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. […]

Read more

How Data Is Changing the Way Offices Are Run

Developers are harnessing a growing obsession with data to improve office buildings in ways that could cut costs and streamline operations, saving owners millions of dollars annually. The field, known as property technology, or proptech, has become a booming sector in commercial real estate as property managers seek to use data collection and artificial intelligence to help control systems like […]

Read more

Jay-Z Invests in Fitness Company

Marcy Venture Partners, cofounded by Jay-Z, Jay Brown and Larry Marcus, has invested in LIT Method. “We’re trying to create a category,” said Taylor Gainor, who cofounded the fitness company with partner Justin Norris in 2015. “There’s Pilates, yoga. Now, LIT.” The duo, both personal trainers, have built a loyal clientele while teaching a group fitness program in Los Angeles […]

Read more

Tucker Carlson called mask-wearing 'repulsive' and said parents forcing their children to wear masks in public should be reported for 'child abuse'

Fox News host Tucker Carlson called the sight of kids wearing masks “repulsive” and a form of “child abuse.”  He advocated for people to call the police or Child Protective Services if they see children wearing masks on his Monday night show. Carlson called mask-wearers liberal “zealots” and “neurotics” and goaded viewers into mocking them. See more stories on Insider’s […]

Read more
1 579 580 581 582 583 777