Federal Reserve Chairman Jerome Powell testifies before the Senate Banking Committee hearing on “The Quarterly CARES Act Report to Congress” on Capitol Hill in Washington, December 1, 2020. Susan Walsh | Pool | Reuters The U.S. economy is at a turning point thanks to government support and a speedy campaign to inoculate Americans against Covid-19,
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In this article FB Chris Cox Asa Mathat | Re/code Facebook Chief Product Officer Chris Cox got paid approximately $69 million to rejoin the social media company in 2020. Cox rejoined Facebook in June 2020 after a more than one year hiatus away from the company. Cox is a key moral leader at Facebook and
Space is the place, and Ark Invest is moving in. The investment firm led by Cathie Wood has seen over half a billion dollars flow into the Space Exploration and Innovation ETF (ARKX) it launched on March 30, with some analysts suggesting it could cross $1 billion in assets in a matter of days. Some
Georgia Gov. Brian Kemp praised the Augusta National Golf Club for not caving to the political pressures that have befallen the state recently. “I personally applaud the Masters for not getting involved in politics,” Kemp told CNBC’s Seema Mody in an interview that aired Friday, noting there are “growing calls by activists that are trying
In this Feb. 24, 2021, file photo provided by the Michigan Office of the Governor, Gov. Gretchen Whitmer addresses the state during a speech in Lansing, Mich. Gov. Whitmer signed at least $2.5 billion in COVID-19 relief spending Tuesday, March 9, 2021, while vetoing $650 million after Michigan Republicans did not negotiate with her and
Former police officer Derek Chauvin’s lawyers took the wrong approach when cross-examining the prosecution’s expert witness, Civil Rights attorney David Henderson said Thursday. “They did not do any damage,” Henderson told CNBC’s “The News with Shepard Smith.” “You don’t try to arm wrestle with a gorilla. This doctor is very clearly qualified, he knows more
Jennifer Weisselberg speaks with NBC News said about her former father-in-law, Allen Weisselberg, the company’s CFO. NBC News The former daughter-in-law of Trump Organization Chief Financial Officer Allen Weisselberg on Thursday turned over financial records to investigators working for Manhattan District Attorney Cyrus Vance Jr. in response to a grand jury subpoena, The Washington Post
In this article AMZN People protest in support of the unionizing efforts of the Alabama Amazon workers, in Los Angeles, California, March 22, 2021. Lucy Nicholson | Reuters More than 3,200 ballots were cast in a high stakes union election at one of Amazon’s Alabama warehouses, according to the Retail, Wholesale and Department Store Union.
In this article UBER Uber CEO Dara Khosrowshahi speaks at a product launch event in San Francisco, California on September 26, 2019. Philip Pacheco | AFP via Getty Images Uber said Wednesday it will spend $250 million on a one-time stimulus aimed at getting drivers back on the road, as states begin to pull back
The Centers for Disease Control and Prevention should have updated its guidelines on cleaning household surfaces well before this week, the dean of Brown University’s School of Public Health said Tuesday. “It’s incredibly frustrating,” Dr. Ashish Jha told CNBC’s “The News with Shepard Smith.” “I think I was starting to say by last April and
Lynne Patton, event planner and Head of Region II for HUD, looks on as New York City Mayor Bill de Blasio and Ben Carson, Secretary of Housing and Urban Development (HUD), take questions after signing a ceremonial agreement between the federal government and the City of New York intended to correct mismanagement of the New
Testimony from Minneapolis Police Chief Medaria Arradondo was “another nail in the coffin” for former Minnesota police officer Derek Chauvin’s defense, Civil Rights lawyer David Henderson said Monday. “The fact that he is a key witness is an understatement. … The window for the defense to mount an effective presentation for this jury is quickly
President Joe Biden talks to reporters on the South Lawn of the White House, in Washington, U.S., March 14, 2021. Cheriss May | Reuters President Joe Biden said Monday that he is not worried that a plan to increase corporate America’s tax bill would dampen the U.S. economy as it emerges from the Covid-19 pandemic.
Amazon drivers begin their delivery routes as workers at an Amazon warehouse in Staten Island, New York prepare to walk off their jobs demanding stepped-up protection and pay after several workers at the facility were diagnosed with COVID-19. Paul Hennessy | Barcroft Media | Getty Images Amazon issued an apology on Friday to Rep. Mark
In this article MOON Innovation is a hot commodity in today’s market. Direxion bet big on that idea last November when it launched its Moonshot Innovators ETF (MOON), a fund that aims to give investors “exposure to the 50 most innovative US companies,” according to its website. MOON is up 59% since its Nov. 12
Larry Wiggins is given the Moderna coronavirus (COVID-19) vaccine by Anya Harris at Red Hook Neighborhood Senior Center in the Red Hood neighborhood of the Brooklyn borough on February 22, 2021 in New York City. Michael M. Santiago | Getty Images The U.S. reported on Saturday another daily record of new Covid vaccine doses administered,
Coronavirus has rocked the nation with a year of restrictions, lockdowns, missed gatherings and events, isolation and a staggering loss of more than half a million American lives. As the pandemic stretches into a second year, Americans struggling with increased rates of depression, anxiety, and insomnia are looking for mental health support, and providers are
In this article GOOGL After five and half years guiding Waymo, Alphabet’s subsidiary developing autonomous-drive technology, John Krafcik has decided it’s time for someone else to run the company. Actually, it will be a pair of Waymo’s top executives, Tekedra Mawakana and Dmitri Dolgov, who will become co-CEOs of the company. In a blog post