After watching a third consecutive day of Redditors helping to push the stock of a beleaguered retail chain to an undeserved record valuation of more than $ 10 billion Tuesday, I saw rapid fire jokes on Twitter about the situation. So I fired off a response to the general tone …
Read More »: Mastercard joins net-zero climate club with ambitious pledge to bring most of its customers on board
Mastercard Inc. pledges to hit the equivalent of net-zero greenhouse gas emissions by 2050, an increasingly familiar refrain across major companies and government bodies as a Joe Biden-led U.S. looks to rejoin global counterparts in trying to slow man-made climate change. The nature of Mastercard’s MA, -0.45% business poses a …
Read More »Earnings Results: AMD expects gaming, data center to remain strong in 2021 as quarterly revenue tops $3 billion for first time
Advanced Micro Devices Inc. expects strong data-center and gaming sales to keep sales strong into 2021 after the chip maker topped $ 3 billion in quarterly revenue for the first time late Tuesday and its results and outlook both topped Wall Street estimates. AMD AMD, +0.62% reported fourth-quarter net income of …
Read More »Economic Report: Consumer confidence rebounds on vaccine hopes and improving economy
The numbers: Consumer confidence bounced back a bit in January as Americans looked past the high number of coronavirus cases and deaths toward greater availability of vaccines and an improving economy. The index of consumer confidence rose to 89.3 this month from a revised 87.1 in December, the Conference Board said …
Read More »: I got my COVID-19 vaccination. Now what? Can I get on a plane, or visit my grandparents? Do I still need to wear my mask?
Coronavirus vaccines are the light at the end of a very dark tunnel — a pandemic that resulted in 2 million fatalities around the world and over 420,000 in the U.S. alone. The good news and the bad news: While the light may be closer as more people get vaccinated, …
Read More »: Life after the COVID-19 vaccine: Americans won’t rush back to restaurants and ballgames — or public transportation
The pandemic has upended most people’s 9-to-5 existence. Most have stopped commuting to offices, aren’t dining out and watch their favorite sports teams play exclusively on TV screens. Those pandemic habits aren’t going to disappear once people receive a coronavirus vaccine, according to a new survey. Some 64% of Americans …
Read More »NerdWallet: Is your life insurance company cool with marijuana?
This article is reprinted by permission from NerdWallet. Though it’s increasingly legal, marijuana can still raise red flags for life insurance companies. While some insurers don’t mind covering you if you use pot, others will charge you higher rates or deny your application outright. About 22.2 million Americans use marijuana …
Read More »Key Words: Birx says Trump was fed misleading ‘parallel data’ about coronavirus
Former coronavirus task force coordinator Dr. Deborah Birx said her job was hampered by misleading information and COVID-deniers within the White House. In a wide-ranging interview with CBS News’ “Face the Nation” on Sunday, Birx said “outside advisers” were feeding then-President Donald Trump a “parallel data stream.” “ “I saw …
Read More »: Biden set to reinstate coronavirus travel bans, add South Africa to list: reports
President Joe Biden will reinstate coronavirus travel restrictions against foreign citizens coming to the U.S. from Brazil, the U.K, Ireland and much of Europe on Monday, according to multiple reports, and will add South Africa to the list. Reuters first reported the pending order Sunday, which was later confirmed by …
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