The fully electric Porsche Taycan Turbo. Source: Porsche AG The German luxury car manufacturer Porsche assumes that it will significantly increase sales of fully electric vehicles in the coming years. Don’t expect an EV version of its iconic 911 sports car, if any. Porsche boss Oliver Blume said the 911 will be the “last Porsche…

India will likely take at least three to four months to complete Covid-19 vaccination efforts for frontline workers and people over 60 or with underlying health conditions, the executive director of the Serum Institute of India said Thursday. In January, the South Asian country launched the world’s largest vaccination campaign for around 300 million people…

Williams Sonoma stock hit new highs Thursday after the homewares retailer posted better-than-expected fourth-quarter results. The company’s e-commerce business played a key role in increasing sales to make up for lost deals in physical stores. However, CEO Laura Alber expects brick and mortar sales to rebound strongly as the U.S. economy emerges from the pandemic.…

SpaceX headquarters in Los Angeles, California. AaronP / Bauer-Griffin | GC Images | Getty Images A SpaceX engineer pleaded guilty to a Justice Department charge of insider trading, the agency said Thursday after using information obtained on the dark Internet to trade public securities using non-public information. The DOJ’s criminal case against James Roland Jones…

A man walks in front of a Nike product display in New York City on February 22, 2021. John Smith | Corbis News | Getty Images Nike reported higher third-quarter earnings on Thursday, despite widespread port congestion in the US and ongoing store closings in Europe hurt sales growth. While the global health crisis still…

The IRS and Treasury have extended the tax filing season, moving the April 15th deadline to May 17th. However, the extension does not help every taxpayer. This is because it does not include estimated tax payments still due on April 15th. Some taxpayers are required to make estimated quarterly tax payments throughout the year to…

Tony Heaton of Falling Waters wearing a West Virginia stars and stripes t-shirt receives a vaccine against coronavirus disease (COVID-19) during a community vaccination event in Martinsburg, West Virginia on March 11, 2021. Kevin Lemarque | Reuters President Joe Biden is poised to meet his goal of getting 100 million Covid-19 vaccination shots in his…

Here are the top news, trends, and analysis investors need to get their trading day started: 1. Nasdaq, S&P 500 futures hit by further surge in government bond yields A man walks in front of the Nasdaq building in Times Square on March 10, 2021 in New York. John Smith | Corbis News | Getty…

Assistant Nurse Katie McIntosh gives Vivien McKay, Clinical Nurse Manager at Western General Hospital, the first of two Pfizer / BioNTech COVID-19 shots on the first day of the largest vaccination program in UK history in Edinburgh, Scotland, UK December 8 2020. Andrew Milligan | Reuters LONDON – The UK government is facing questions whether…

Clement Kwok, CEO of Hong Kong and Shanghai Hotels, said easing border restrictions and introducing vaccination cards will be critical to revitalizing the hardest-hit hotel industry. His comments come after the company, which owns and operates a number of luxury hotels, reported a net loss of $ 250 million for 2020. Kwok told CNBC that…