In this article LYFT The Lyft Driver Hub is seen in Los Angeles, California. Lucy Nicholson | Reuters Lyft on Wednesday announced it was shifting to a “fully flexible” work option, allowing workers the choice of where to live and work. The move makes Lyft the latest tech company to change its office policies to
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In this article VOW3-DE VW ID. Buzz VW Volkswagen is resurrecting its iconic microbus — the quintessential van associated with traveling Deadheads and the 1960s counterculture — as an all-electric van called the ID. Buzz. The German automaker on Wednesday finally unveiled the electric vehicle as a 21st-century descendent of its T1 Microbus. VW has
Google’s Senior Vice President Sundar Pichai gives a keynote address during the opening day of the 2015 Mobile World Congress (MWC) in Barcelona on March 2, 2015. Lluis Gene | AFP | Getty Images Google announced Tuesday that it plans to buy cybersecurity firm Mandiant for around $5.4 billion as part of an effort to better protect
People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images News | Getty Images Macro conditions were already troubling for tech. With
A Tesla Model Y is seen in a production hall of the Tesla Gigafactory during the open day. In Grünheide, east of Berlin, the first vehicles are to roll off the production line from the end of 2021. Patrick Pleul | picture alliance | Getty Images A “major overhang” on Tesla’s stock has been removed
In this article OXY Carl Icahn has sold the last of what was once a 10% stake in energy company Occidental Petroleum, The Wall Street Journal reported, ending an uneasy relationship between the billionaire activist investor and the oil-and-gas producer just as the latter’s shares surge. Carl Icahn speaking at Delivering Alpha in New York
New Jersey Governor Phil Murphy speaks to volunteers as he meets with Newark Mayor Ras Baraka during the gubernatorial election in Newark, New Jersey, November 2, 2021. Eduardo Munoz | Reuters New Jersey Gov. Phil Murphy on Friday said large-scale mitigation measures are no longer needed to fight Covid, lifting a public health emergency order
In this article DIS People gathered in Glendale in February to protest the city’s approval to build a fossil-fueled power plant. Courtesy of Morgan Goodwin Glendale, a Los Angeles suburb that’s home to Walt Disney Imagineering and the famous Brand Boulevard, could be the last city in California to build a fossil-fueled power plant. The
CEO of Activision Blizzard, Bobby Kotick, speaks onstage during “Managing Excellence: Getting Consistently Great Results” at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 19, 2016, in San Francisco. Michael Kovac | Getty Images Coca-Cola Co. said Friday that Bobby Kotick, CEO of video game publisher Activision Blizzard,
Oil pumping jacks, also known as “nodding donkeys”in a Rosneft Oil Co. oilfield near Sokolovka village, in the Udmurt Republic, Russia, on Friday, Nov. 20, 2020. Bloomberg | Bloomberg | Getty Images The U.S. Treasury Department clarified Friday afternoon that Wall Street’s traders and banks can continue to buy and sell Russian oil and gas
In this article ABNB Brian Chesky, CEO of Airbnb. Getty Images Home-sharing platform Airbnb is suspending all operations in Russia and Belarus. Brian Chesky, the company’s CEO and co-founder, announced the move on Twitter late on Thursday as companies continue to boycott Russia following its invasion of Ukraine. Airbnb did not immediately respond when CNBC
An employee works on a Ford Motor Co. Super Duty Truck engine at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Luke Sharrett | Bloomberg | Getty Images Ford Motor is once again cutting production of highly profitable trucks and SUVs due to an ongoing global shortage of semiconductor chips that has
U.S. Treasury yields advanced on Thursday morning, despite the intensifying conflict between Russia and Ukraine. The yield on the benchmark 10-year Treasury note climbed 1 basis point to 1.8784% at 4:50 a.m. ET. The yield on the 30-year Treasury bond moved 1 basis point higher to 2.25%. Yields move inversely to prices and 1 basis
Supreme Court nominee Ketanji Brown Jackson looks on during a meeting with U.S. Senate Majority Leader Charles Schumeron March 02, 2022 in Washington, DC. Justin Sullivan | Getty Images The Senate Judiciary Committee will question President Joe Biden’s Supreme Court nominee, Judge Ketanji Brown Jackson, over two days in late March, committee Chair Dick Durbin,
U.S. Treasury yields rose on Wednesday morning, with investors focused on the Russia-Ukraine conflict and Federal Reserve Chairman Jerome Powell’s congressional testimony. The yield on the benchmark 10-year Treasury note moved 1 basis point higher to 1.7292% at 4:10 a.m. ET. The yield on the 30-year Treasury bond advanced less than a basis point to
Ukrainian President Volodymyr Zelenskyy makes a statement in Kyiv, Ukraine, February 25, 2022. Ukrainian Presidential Press Service | Reuters Ukrainian President Volodymyr Zelenskyy looks straight into the camera with the quality of an amateur vlogger. Wearing a T-shirt and sweater, he names the official titles of those standing with him: high-ranking Ukrainian officials who are
SoftBank Group Chairman and CEO Masayoshi Son at a press conference on Nov. 6, 2019, in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Pressure is mounting on SoftBank to dual-list U.K. chip designer Arm now that the deal with Nvidia is off. Arm is widely seen as the jewel in the crown of the U.K.
Nora Gossett, 7, reacts as she receives the Pfizer-BioNTech COVID-19 vaccine from Sophia Jan, MD, while her father Jeff Gossett, MD, holds her hand at Cohen Children’s Medical Center as vaccines were approved for children aged 5-11, amid the coronavirus disease pandemic, in New Hyde Park, New York, November 4, 2021. Andrew Kelly | Reuters