Tesla has led a bounce-back for US tech stocks as its shares surged by as much as 20% partly thanks to figures showing higher sales in China. The electric car company, led by Elon Musk, was also boosted by an analyst upgrade and a wider upturn in investor sentiment which saw the tech-heavy Nasdaq index climb nearly 4%. Tesla’s shares […]
Read moreTing Shen/Xinhua/Getty Images The Federal Reserve will hold its two-day meeting on March 16 and 17. The Fed has work in relaying its message that pricing of rate-hike expectations is too aggressive, says Barclays. Large-cap tech and growth stocks may continue to see underperformance, the bank's head of US stock trading says. Visit the Business section of Insider for more […]
Read more
A group of Teen Vogue staff members raised concerns on Monday over decade-old racist tweets by their new editor in chief, Alexi McCammond. Ms. McCammond, 27, a political reporter for Axios and a contributor for MSNBC and NBC, was named the top editor of the Condé Nast publication on Friday. Over the weekend, offensive tweets she had sent as a […]
Read more
Just a few weeks after BuzzFeed completed its acquisition of The Huffington Post, the latter is facing editorial layoffs. The digital outlet said Tuesday that 47 staffers are being cut and that the entirety of its operations in Canada will be closed. In an email to staff, BuzzFeed founder and chief executive officer Jonah Peretti said the cuts will create […]
Read more
The seller of my home refused to make any repairs, but gave us a home warranty with our house. I was skeptical because I thought warranties were a scam, but I loved the house so I moved forward. I used the warranty three times in a year and a half and loved it so much I decided to renew. Visit […]
Read more
WASHINGTON (Reuters) – The U.S. House of Representatives will take up the Biden administration’s $1.9 trillion COVID-19 relief bill on Wednesday, officials said on Tuesday, with the chamber’s expected approval enabling the Democratic president to sign the legislation into law later this week.Slideshow ( 4 images )Passage of the massive package, one of the biggest U.S. anti-poverty measures since the […]
Read moreThis is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the original version here. Digitalization is changing the security industry, even though the firms that make up the sector are for the most part […]
Read more
Group Nine’s new SPAC, an acronym for the less catchy Special Purpose Acquisition Company, is beefing up its board with the addition of CNN president Jeff Zucker. Zucker, who is expected to step down from CNN at the end of the year, is joined by Mindy Mount, vice chair of Technicolor, who also joined the board Tuesday. Existing members include Dick […]
Read more
(Reuters) – U.S. stocks advanced on Tuesday, with the Nasdaq jumping over 3% to recoup its losses in the previous session as U.S. bond yields retreated and investors picked up battered technology stocks.FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, U.S., October 24, 2016. REUTERS/Shannon StapletonAmong the biggest […]
Read more