Biz/Tech Archives

Stocks finish calmer, while silver prices surge as Reddit traders change focus

February 1, 2021 1:22 PM Associated Press, ABC News

NEW YORK, NY — The erratic trading in shares of underdog companies like GameStop that turned markets combustible last week migrated to…

House panel launches probe into meatpackers’ coronavirus response

February 1, 2021 1:16 PM CNN Newsource

A panel of House representatives is launching an investigation into how major meat processors and OSHA handled coronavirus outbreaks at meatpacking…

Your Reddit posts could predict a breakup over 3 months before it happens

February 1, 2021 1:07 PM CNN Newsource

One person was dumped before finals week after a four-year relationship. Another broke off a relationship with their boyfriend because he had fallen…

The GameStop frenzy is moving fast. Catch up here

February 1, 2021 12:48 PM CNN Newsource

If you thought the GameStop drama was over, think again. ICYMI: Last week, a tense showdown played out on Wall Street. It was a David vs. Goliath…

Texas YWCA calls on state Legislature to enact laws to help working moms

February 1, 2021 12:39 PM Dylan McKim

El Paso, TX — Local YWCA chapters across the state are calling on the Texas Legislature to enact legislation that will increase access to quality…

Silver surges as Reddit army targets precious metals

February 1, 2021 11:52 AM CNN

Move over GameStop, Reddit mania is spreading to the precious metals market. Silver futures surged as much as 13% to Monday, touching eight-year…

Google investors may have forgotten how much lawmakers want to rein in Big Tech

February 1, 2021 11:23 AM CNN Newsource

Over the past few years, Google owner Alphabet’s stock had lagged compared to the stellar rise of big techs like the other FAANG members and…

When tech support is life or death: Family and strangers mobilize to get seniors vaccinated

February 1, 2021 11:13 AM CNN Newsource

Stefanie Thompson tried for three weeks to help her parents and stepmother, each of whom have preexisting medical conditions, register for…

NASA astronauts conduct spacewalk to make space station upgrades

February 1, 2021 11:03 AM Associated Press

INTERNATIONAL SPACE STATION — A pair of spacewalking astronauts completed a four-year effort to modernize the International Space Station’s power…

Robinhood CEO details 3:30 am call to put up $3 billion

February 1, 2021 10:54 AM CNN Newsource

Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading…

Prince Harry wins ‘significant damages’ in legal dispute with UK newspaper

February 1, 2021 7:26 AM CNN Newsource

Prince Harry has settled a legal dispute with the Mail on Sunday and the MailOnline, accepting what his legal team called “significant…

Elon Musk: Bitcoin is on the verge of broad acceptance

February 1, 2021 6:59 AM CNN Newsource

Tesla CEO Elon Musk has declared his support for bitcoin, boosting the price of the cryptocurrency in the process. In an interview Sunday on…

Global stocks rise as Wall Street braces for more turbulence

February 1, 2021 6:04 AM CNN Newsource

Global stocks and US futures advanced Monday as Wall Street prepared for what could be another week of rocky trading fueled by small investors on…

Melvin Capital hedge fund lost 53% in the GameStop frenzy

February 1, 2021 6:02 AM CNN Newsource

Melvin Capital, a premier Wall Street hedge fund entangled in the frenzy over GameStop, lost 53% in January, a source familiar with the matter told…

Fox News focuses its ire on Liz Cheney as Democrats fume over Marjorie Taylor Greene

February 1, 2021 5:57 AM CNN Newsource

Congresswoman Marjorie Taylor Greene, a Trump-backed QAnon supporter, is a fountain of misinformation, conspiracy theories and hateful rhetoric, and…

Google CEO and HBCU leaders discuss talent pipeline for Black tech workers

February 1, 2021 5:55 AM CNN Newsource

Leaders of five historically Black colleges and universities met with Google CEO Sundar Pichai on Friday to discuss the company’s relationship…

Tesla’s dirty little secret: Its net profit doesn’t come from selling cars

February 1, 2021 5:53 AM CNN Newsource

Tesla posted its first full year of net income in 2020 — but not because of sales to its customers. Eleven states require automakers sell a…

Olympia, Washington police clear out hotel after it was ‘occupied’ by homeless activist group, city says

February 1, 2021 4:54 AM CNN

Police cleared out a downtown Olympia, Washington hotel after a homeless activist group allegedly “forcibly occupied” the establishment…

What’s new in fast food: Chicken sandwiches and cauliflower rice

January 30, 2021 7:10 AM CNN Newsource

If you felt like a new fried chicken sandwich debuted every day in January, you’re not far off. Some chains tried their best to slim down,…

Global stocks rise after turbulent week on Wall Street

January 31, 2021 10:29 PM CNN Newsource

Global stocks are rising Monday, and Wall Street is getting ready to try to shake off turbulence from last week sparked by the GameStop stock frenzy.…

US futures slump after turbulent week on Wall Street

January 31, 2021 8:26 PM CNN Newsource

US futures slumped slightly Sunday, building on the turbulence spurred in part last week by the GameStop stock frenzy. S&P 500 futures were last…

Dow futures drop after turbulent week on Wall Street

January 31, 2021 4:50 PM CNN Newsource

Stock futures dropped Sunday after a week that saw volatile markets due to the recent GameStop situation. Dow futures were down 252 points, or 0.8%.…

‘SNL’ takes on Marjorie Taylor Greene, GameStop and Tom Brady

January 31, 2021 1:03 PM CNN Newsource

“Saturday Night Live” returned for its first show of 2021, and had one question on its mind: “What still works?” That’s…

EU chief says vaccine maker AstraZeneca to supply 9 million more doses, begin delivery sooner after urgent talks

January 31, 2021 12:38 PM Associated Press

BERLIN (AP) — The European Union says vaccine maker AstraZeneca has agreed to supply 9 million additional doses to the 27-nation bloc during the…

Toys ‘R’ Us has closed all its stores — again

January 31, 2021 9:01 AM CNN Newsource

Toys “R” Us is closing its only two stores roughly a year after a highly anticipated relaunch of the storied brand. Tru Kids Inc., which…

The real cost of being the ultimate Samsung fan: Nearly $91,000

January 31, 2021 7:27 AM CNN Newsource

Samsung, the world’s biggest phone maker, is also one of the largest consumer electronics and appliance makers in the world, selling everything…

Gamestop proves the death of the individual investor was greatly exaggerated

January 31, 2021 6:48 AM CNN Newsource

Say what you will about the GameStop mania. It does illustrate one positive thing about today’s stock market: There are still some people…

Chick-fil-A manager saved a drive-thru Covid-19 vaccination clinic after traffic backed up

January 31, 2021 2:00 AM CNN Newsource

When a South Carolina drive-thru coronavirus vaccine clinic got backed up, leaving people waiting for hours, the town mayor decided to call in a…

El Paso native’s book aims to help people with their careers during pandemic

January 30, 2021 4:52 PM David Burge

EL PASO, Texas – El Paso native Rebecca Otis Leder has a new book coming out on how to build meaningful career relationships, network and thrive…

A 10-year-old investor made big bucks on the GameStop shares he got for Kwanzaa

January 30, 2021 2:58 PM CNN Newsource

Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the 10-year-old investor has cashed…