Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business (page 30)

Business

Yellen calls for taxing large corporations on inflated earnings they report to shareholders, as I called many years ago

The “minimum booked tax” on reported earnings would be a tax incentive to produce realistic earnings reports. Wall Street will fight it. By Wolf Richter to WOLF STREET. I was not a fan of printing money following Fed chairman Janet Yellen, though she raised interest rates and started the Fed’s balance sheet reduction. But she’s now getting huge brownie points …

Read More »

Robinhood failed to publish certain trade executions for public feed

Check out what’s clicking on FoxBusiness.com. Retail brokerage firm Robinhood Financial did not report a particular type of stock trade it conducted for clients last year to a public data feed, according to regulatory data analyzed by Reuters and a source familiar with the matter. So-called fraction shares are offered by many brokerage firms. They let investors buy a piece …

Read More »

COVID-19 vaccines work well against the California variant

As the California coronavirus variant continues to spread across the Golden State and beyond, new research suggests that more vaccines should continue to provide an effective defense against it. The results, published Wednesday in the New England Journal of Medicine, provide good reason for Californians to continue rolling up their sleeves as the vaccination campaign catches steam across the state. …

Read More »

U.S. government, states ask judge to reject Facebook’s request to dismiss lawsuits

Check out what’s clicking on FoxBusiness.com. The Federal Trade Commission and a large group of U.S. states on Wednesday asked a federal court to dismiss Facebook Inc’s request to dismiss major antitrust lawsuits filed against the giant social media in December. The FTC said in its submission that Facebook bought the photo-sharing app Instagram because CEO Mark Zuckerberg thought it …

Read More »

Apple (AAPL), Google (GOOG), JD.com (JD) – Apple, Google, Bitcoin trade against US interests and in favor of China, says Peter Thiel

Venture capitalist and technology investor Peter Thiel has criticized US technology giants Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) and Apple Inc.. (NASDAQ: AAPL) as well as cryptocurrency Bitcoin (BTC) to work against US interests and in favor of China, according to a report by Bloomberg. What happened: During a performance at a virtual event hosted by the Richard Nixon Foundation, …

Read More »

Cal State LA Vaccination Site offers vaccines for all adults

The mass vaccination site in California, Los Angeles, will allow any adult to stand in line for a COVID-19 vaccine between Thursday and the end of Sunday, the governor’s office of emergency services said Wednesday night. The decision comes approx. one week before the state, which begins April 15, formally allows all Californians 16 and older to get the vaccine. …

Read More »

California expects nearly 90% fewer J&J vaccines next week

California expects about 90% fewer Johnson & Johnson vaccine doses next week, marking a marked drop in the total number of doses that will lead to fewer first-time appointments, though the state extends eligibility to any resident over 16 on April 15. State health officials expect the allotment of COVID-19 vaccines to drop by 367,000 doses next week to about …

Read More »