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Showing posts from October, 2021

FOX BIZ NEWS: An 'eraser button': Focused ideas could help bridle Big Tech

An 'eraser button': Focused ideas could help bridle Big Tech Lawmakers are getting creative as they introduce a slew of bills intended to take Big Tech down a peg. One bill proposes an "eraser button" that would let parents instantly delete all personal information collected from their children or teens. via FOX BUSINESS NEWS https://ift.tt/3pSq9UW

FOX BIZ NEWS: Coke to pay $5.6 billion for full control of BodyArmor

Coke to pay $5.6 billion for full control of BodyArmor Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, according to people familiar with the matter, amping up a rivalry with Gatorade. via FOX BUSINESS NEWS https://ift.tt/2Y2XgtT

FOX BIZ NEWS: Investors buy oil on inflation fears, pushing prices even higher

Investors buy oil on inflation fears, pushing prices even higher Fund managers are contributing to a rally that has pushed oil prices to their highest level since the 2014 energy bust. While energy-futures markets are more typically the province of producers and commodities-focused hedge funds, an oil rally that shows no signs of slowing is now exerting a pull on traditional money managers who run portfolios of stocks and bonds via FOX BUSINESS NEWS https://ift.tt/2ZEYmgj

FOX BIZ NEWS: Fed decision, jobs report, CVS Health earnings top week ahead

Fed decision, jobs report, CVS Health earnings top week ahead The Federal Reserve releases its decision on interest rates and likely an update on inflation Wednesday. via FOX BUSINESS NEWS https://ift.tt/3nMjY21

FOX BIZ NEWS: Biden announces agreement with EU to lift steel, aluminum tariffs as part of transatlantic climate plan

Biden announces agreement with EU to lift steel, aluminum tariffs as part of transatlantic climate plan President Biden and European Commission President Ursula Von Der Leyen announced a new agreement on Sunday that includes lifting steel and aluminum tariffs as part of what Biden called “a new era of transatlantic cooperation.” via FOX BUSINESS NEWS https://ift.tt/2ZKZwXw

FOX BIZ NEWS: Cyberattacks: Research shows which countries are most at risk

Cyberattacks: Research shows which countries are most at risk Cyber threats vary widely across the globe with some countries at very high risk for attacks. via FOX BUSINESS NEWS https://ift.tt/3pP3HMB

FOX BIZ NEWS: Unhappy Halloween: Gaming platform Roblox crashes

Unhappy Halloween: Gaming platform Roblox crashes via FOX BUSINESS NEWS https://ift.tt/3mwEjZK

FOX BIZ NEWS: Biden, at Rome summit, seeks fixes for supply chain kinks

Biden, at Rome summit, seeks fixes for supply chain kinks President Biden is convening world leaders at the Group of 20 summit on Sunday to talk about ways to relieve the supply chain bottlenecks hampering the global economy as it recovers from the coronavirus pandemic. via FOX BUSINESS NEWS https://ift.tt/316fHyP

FOX BIZ NEWS: Southwest under fire after video surfaces purportedly showing pilot say 'Let's go Brandon'

Southwest under fire after video surfaces purportedly showing pilot say 'Let's go Brandon' Southwest Airlines is under fire after a video surfaced purportedly showing one of its pilots saying “Let's go Brandon” over the plane's intercom system. via FOX BUSINESS NEWS https://ift.tt/3nMnbP4

FOX BIZ NEWS: Biden urges G20 leaders to increase energy production as coal surges, oil crunch continues

Biden urges G20 leaders to increase energy production as coal surges, oil crunch continues President Biden will ask global leaders to increase energy output as the United States faces a coal shortage and rising energy prices. via FOX BUSINESS NEWS https://ift.tt/2ZCiS17

FOX BIZ NEWS: G20 leaders find agreement on global tax deal

G20 leaders find agreement on global tax deal The Latest on the Group of 20 summit taking place in Rome: Leaders have expressed “broad support” for a landmark deal to establish a 15% global minimum corporate tax that aims at deterring multinational countries from using clever accounting to elude taxes by using low-rate havens. via FOX BUSINESS NEWS https://ift.tt/316C8E2

FOX BIZ NEWS: SpaceX Crew-3 launch delayed due to 'large storm system'

SpaceX Crew-3 launch delayed due to 'large storm system' The SpaceX Crew-3 launch, initially slated to liftoff from NASA’s Florida-located Kennedy Space Center early Halloween morning, has been delayed due to a large storm system. via FOX BUSINESS NEWS https://ift.tt/3mqYFnq

FOX BIZ NEWS: Patagonia is boycotting Facebook, urges other companies to do the same

Patagonia is boycotting Facebook, urges other companies to do the same Patagonia is doubling down on its decision to stop all paid advertising on Facebook Inc. platforms, urging other companies to join the sportswear company in its boycott of the social-networking company as it faces widespread scrutiny following the release of internal documents. via FOX BUSINESS NEWS https://ift.tt/3bqwA9y

FOX BIZ NEWS: FBI raids Chinese sales equipment supplier: report

FBI raids Chinese sales equipment supplier: report U.S. federal investigators raided the Florida offices of a Chinese point-of-sale device provider that reportedly facilitated cyberattacks on American and European entities. via FOX BUSINESS NEWS https://ift.tt/3nKTWw6

FOX BIZ NEWS: FAA plans warnings to pilots, airlines over new 5G threat to cockpit safety systems

FAA plans warnings to pilots, airlines over new 5G threat to cockpit safety systems U.S. air-safety regulators are preparing to issue warnings to pilots and airlines about potential interference with key cockpit safety systems by a new 5G wireless service slated to go live as soon as early December via FOX BUSINESS NEWS https://ift.tt/3BpYcpH

FOX BIZ NEWS: Prosecutors urge prison for Michael Avenatti in Nike case

Prosecutors urge prison for Michael Avenatti in Nike case New York prosecutors urged a judge Friday to order California lawyer Michael Avenatti to begin serving a 2 1/2-year prison term, more than a year after he was convicted of trying to extort up to $25 million from Nike. via FOX BUSINESS NEWS https://ift.tt/3vYAfoe

FOX BIZ NEWS: AOC says Biden should cancel student debt after spending bill cuts: 'He doesn't need Manchin's permission'

AOC says Biden should cancel student debt after spending bill cuts: 'He doesn't need Manchin's permission' Rep. Alexandria Ocasio-Cortez reiterated her call for President Biden to cancel student debt on Friday after moderate Democrats, including Sen. Joe Manchin of West Virginia, forced significant cuts to programs favored by progressives in the “Build Back Better Act.” via FOX BUSINESS NEWS https://ift.tt/3mtCrRQ

FOX BIZ NEWS: BlackRock targeted in new ad campaign for being too woke

BlackRock targeted in new ad campaign for being too woke The world’s largest money manager is getting put on blast for being too woke. via FOX BUSINESS NEWS https://ift.tt/2ZFpHPj

FOX BIZ NEWS: McCarthy, Republicans torch Democrats over rising energy prices: 'We are the Saudi Arabia of natural gas'

McCarthy, Republicans torch Democrats over rising energy prices: 'We are the Saudi Arabia of natural gas' Fox News attended the Wednesday roundtable on surging energy prices across America, where a reporter asked the top House Republican on if the GOP had a plan to drive down gas and power prices. via FOX BUSINESS NEWS https://ift.tt/3vVSM4C

FOX BIZ NEWS: Varney: Far-left is running Democrat Party into the ground

Varney: Far-left is running Democrat Party into the ground FOX Business' Stuart Varney discusses division among the Democrat Party. via FOX BUSINESS NEWS https://ift.tt/3jNPo7k

FOX BIZ NEWS: FDA approves Pfizer vaccine for emergency use in children aged 5 to 11

FDA approves Pfizer vaccine for emergency use in children aged 5 to 11 The U.S. Food and Drug Administration approved the Pfizer-BioNTech COVID-19 vaccine for emergency use in children aged 5 to 11 on Friday, a critical step toward beginning vaccinations for the age group. via FOX BUSINESS NEWS https://ift.tt/3jRDgC3

FOX BIZ NEWS: Scaled-down reconciliation bill still ‘very dangerous’: Rep. Tenney

Scaled-down reconciliation bill still ‘very dangerous’: Rep. Tenney Rep. Claudia Tenney, R-N.Y., on the new version of the spending bill. via FOX BUSINESS NEWS https://ift.tt/3vWxrrU

FOX BIZ NEWS: Facebook rebrand is ‘stuff of nightmares’: Parler CEO

Facebook rebrand is ‘stuff of nightmares’: Parler CEO Parler CEO George Farmer reacts to Facebook changing its name to Meta. via FOX BUSINESS NEWS https://ift.tt/3EpjuWs

FOX BIZ NEWS: Parler CEO on Facebook rebrand, Trump’s social media platform

Parler CEO on Facebook rebrand, Trump’s social media platform Parler CEO George Farmer reacts to Zuckerberg’s unveiling of ‘Meta’ and former President Trump’s new social media platform called Truth Social. via FOX BUSINESS NEWS https://ift.tt/2Y1EZx6

FOX BIZ NEWS: Stock futures slide as Apple, Amazon struggle with supply chain bottlenecks

Stock futures slide as Apple, Amazon struggle with supply chain bottlenecks U.S. stock futures were lower Friday morning as the supply chain crunch weighed on results from Apple and Amazon. via FOX BUSINESS NEWS https://ift.tt/3mq6XvV

FOX BIZ NEWS: Apple, Amazon earnings prove real dollars being influenced by 'lack of access': Expert

Apple, Amazon earnings prove real dollars being influenced by 'lack of access': Expert Third Bridge TMT global sector lead Scott Kessler says Apple and Amazon earnings fell below estimates due to supply chain issues. via FOX BUSINESS NEWS https://ift.tt/3nFofnZ

FOX BIZ NEWS: Disappointing earnings a 'wake-up call' for Apple, Amazon: Cornerstone Wealth CIO

Disappointing earnings a 'wake-up call' for Apple, Amazon: Cornerstone Wealth CIO Cornerstone Wealth CIO Cliff Hodge argues that supply chain disruptions have impacted earnings for some of the best-run companies. via FOX BUSINESS NEWS https://ift.tt/2ZxS8hy

FOX BIZ NEWS: Stock futures slide following Apple, Amazon results

Stock futures slide following Apple, Amazon results U.S. equity futures traded lower to end the week following disappointing results from Apple and Amazon. via FOX BUSINESS NEWS https://ift.tt/3bmQYIA

FOX BIZ NEWS: Bitcoin price rises as Ether surges to record

Bitcoin price rises as Ether surges to record Bitcoin was trading 3.7% higher Friday morning. The price was around $61,200 per coin. via FOX BUSINESS NEWS https://ift.tt/3jNQ6Bk

FOX BIZ NEWS: Starbucks workers will vote on union at 3 Buffalo stores

Starbucks workers will vote on union at 3 Buffalo stores Workers hoping to unionize Starbucks stores in the U.S. have won a preliminary victory. via FOX BUSINESS NEWS https://ift.tt/3mmpUPZ

FOX BIZ NEWS: Amazon falls far short on earnings, citing ongoing supply chain crisis

Amazon falls far short on earnings, citing ongoing supply chain crisis Amazon's earnings fell far short of expectations in its latest earnings report, and CEO Andy Jassy warned investors of "several billion dollars" in additional costs for Q4. via FOX BUSINESS NEWS https://ift.tt/3EqVFxv

FOX BIZ NEWS: Pelosi says most progressives ready to back infrastructure bill

Pelosi says most progressives ready to back infrastructure bill House Speaker Nancy Pelosi struck an optimistic tone after she was forced to delay a planned vote on the bipartisan infrastructure bill on Thursday night, asserting in a letter to colleagues that most progressive lawmakers who opposed her timeline are still committed to backing the legislation. via FOX BUSINESS NEWS https://ift.tt/2ZzfYd3

FOX BIZ NEWS: Progressives back Biden social spending bill framework

Progressives back Biden social spending bill framework The Congressional Progressive Caucus endorsed the framework agreement for President Biden’s social spending bill on Thursday, even as they reiterated a warning that they would not back the Senate’s bipartisan infrastructure bill unless a final version of the “Build Back Better” package is brought up for a vote at the same time. via FOX BUSINESS NEWS https://ift.tt/3vY8fBs

FOX BIZ NEWS: Elon Musk tweets he has better plans for his money that Dems want to take

Elon Musk tweets he has better plans for his money that Dems want to take Elon Musk says he already has better plans for the additional billions that Democrats want to take from him with their proposed billionaire's tax. via FOX BUSINESS NEWS https://ift.tt/3CtfR0Y

FOX BIZ NEWS: Facebook name change draws skepticism on social media

Facebook name change draws skepticism on social media Facebook plans to go all-in on the metaverse and will do so with a new name: Meta. via FOX BUSINESS NEWS https://ift.tt/3GtYHCV

FOX BIZ NEWS: Newsom, Buttigieg announce billions in loans to address bottlenecks and upgrade California ports

Newsom, Buttigieg announce billions in loans to address bottlenecks and upgrade California ports California Gov. Gavin Newsom and Transportation Secretary Pete Buttigieg announced a loan partnership Thursday to address the state's clogged ports. via FOX BUSINESS NEWS https://ift.tt/2ZyvVjp

FOX BIZ NEWS: What to keep an eye on ahead of Apple, Amazon earnings

What to keep an eye on ahead of Apple, Amazon earnings Starship Capital managing partner John Meyer and Neuberger Berman senior research analyst Daniel Flax discuss what's weighing on earnings. via FOX BUSINESS NEWS https://ift.tt/3Gx9sV6

FOX BIZ NEWS: Apple posts rare sales miss amid chip shortage, supply issues

Apple posts rare sales miss amid chip shortage, supply issues Apple posted a rare sales miss in its fourth fiscal quarter of 2021 on Thursday as the iPhone maker contended with a global chip shortage and manufacturing delays related to the COVID-19 pandemic. via FOX BUSINESS NEWS https://ift.tt/3bkrVFV

FOX BIZ NEWS: Facebook early investor: Metaverse rollout thrown together in 'desperation'

Facebook early investor: Metaverse rollout thrown together in 'desperation' Elevation Partners co-founder Roger McNamee says the social media giant's latest business venture is a distraction from recent revelations. via FOX BUSINESS NEWS https://ift.tt/3mmnGzT

FOX BIZ NEWS: Tax hikes in Biden's spending plan could raise $500M less than estimated, analysis shows

Tax hikes in Biden's spending plan could raise $500M less than estimated, analysis shows President Biden on Thursday outlined a slew of new taxes on corporations and the ultra-wealthy in order to pay for the bulk of his signature economic spending plan – but a new analysis suggests the rate increases could generate $500 million less than the White House estimated. via FOX BUSINESS NEWS https://ift.tt/3Esn7e6

FOX BIZ NEWS: Democratic lawmakers demand pledges, accuse oil companies of past climate lies in confrontational hearing

Democratic lawmakers demand pledges, accuse oil companies of past climate lies in confrontational hearing House Democrats raked energy CEOs over the coals over for their companies’ past responses to climate change, while the executives insisted they recognize the need for a future with lower carbon emissions. via FOX BUSINESS NEWS https://ift.tt/3CrYuO2

FOX BIZ NEWS: Biden plans to fundamentally alter the US economy. Here's how we know: Justin Haskins

Biden plans to fundamentally alter the US economy. Here's how we know: Justin Haskins Biden’s recent decision to nominate Cornell University professor Saule Omarova to head the Office of the Comptroller of the Currency (OCC) tells us this. via FOX BUSINESS NEWS https://ift.tt/3vSn3Bk

FOX BIZ NEWS: Progressives spurn Pelosi on infrastructure vote without reconciliation deal

Progressives spurn Pelosi on infrastructure vote without reconciliation deal House Speaker Nancy Pelosi is urging Democrats to pass a stalled $1 trillion infrastructure package as soon as today, but is being rebuffed by progressive lawmakers who are threatening to vote against the bipartisan measure unless it's accompanied by a larger, party-line spending bill. via FOX BUSINESS NEWS https://ift.tt/3ContBW

FOX BIZ NEWS: Marco Rubio urges Biden to investigate Amazon for allegedly shortchanging new parents, patients

Marco Rubio urges Biden to investigate Amazon for allegedly shortchanging new parents, patients Sen. Marco Rubio, R-Fla., slammed Amazon for the company's “woke hypocrisy” following a report that accused the tech giant had been “shortchanging” new parents and patients dealing with medical issues. via FOX BUSINESS NEWS https://ift.tt/3mv7ahr

FOX BIZ NEWS: Federal Reserve Chair Powell's renomination may or may not happen, Sen. Sherrod Brown says

Federal Reserve Chair Powell's renomination may or may not happen, Sen. Sherrod Brown says Federal Reserve Chair Jerome Powell’s future as head of the central bank remains in doubt this week, with Senate Banking Committee Chair Sherrod Brown, D-Ohio, noting Powell may or may not be re-nominated when President Biden unveils his Fed nominees in the coming days. via FOX BUSINESS NEWS https://ift.tt/3pIPaC1

FOX BIZ NEWS: Bitcoin price steadies around $59,000

Bitcoin price steadies around $59,000 Bitcoin was trading 1.5% lower Thursday morning. The price was around $59,000 per coin. via FOX BUSINESS NEWS https://ift.tt/3modFTa

FOX BIZ NEWS: Stock futures gain ahead of GDP, jobless claims

Stock futures gain ahead of GDP, jobless claims U.S. equity futures are trading with gains ahead of reports on economic growth and jobless claims. via FOX BUSINESS NEWS https://ift.tt/3Gwkji8

FOX BIZ NEWS: American Airlines ‘outraged’ after flight attendant allegedly assaulted: ‘This behavior must stop’

American Airlines ‘outraged’ after flight attendant allegedly assaulted: ‘This behavior must stop’ An American Airlines flight from New York City to Orange County, California, was diverted to Denver on Wednesday after a passenger allegedly assaulted a flight attendant, according to reports. via FOX BUSINESS NEWS https://ift.tt/3bignDb

FOX BIZ NEWS: Tech entrepreneur stirs debate after calling men who take 6 months paternity leave ‘losers’

Tech entrepreneur stirs debate after calling men who take 6 months paternity leave ‘losers’ A prominent investor and entrepreneur stirred online debate Wednesday after calling fathers with important jobs “losers” if they take six months of paternity leave for a newborn. via FOX BUSINESS NEWS https://ift.tt/3192jdr

FOX BIZ NEWS: Starbucks to increase employee pay to attract workers

Starbucks to increase employee pay to attract workers Starbucks is raising its U.S. employees’ pay and making other changes as the company deals with a challenging labor market and as a union effort looms. via FOX BUSINESS NEWS https://ift.tt/3jKBe6D