A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, United States on June 30, 2021. Brendan McDermid | Reuters Stock futures were flat on Tuesday as Wall Street opened the vacation-shortened week with the S&P 500 at a record high. Futures on the Dow Jones Industrial Average …
Category Archives: World News
Andy Jassy, new CEO of Amazon, takes over Jeff Bezos
Jeff Bezos announces Blue Moon, a lunar lander for the moon, during a Blue Origin event in Washington, DC, May 9, 2019. Saul Loeb | AFP | Getty Images Ann Hiatt recalls that Jeff Bezos didn’t sit down for long. As executive assistant to the Amazon CEO from 2002 to 2005, Hiatt was tasked with …
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Australia’s Covid restoration plans stay unsure because of the Delta variant
A person trains at the Sydney Opera House during a foggy start to the day on June 30, 2021 in Sydney, Australia. Lockdown restrictions continue as NSW health officials work to contain a growing Covid-19 cluster. Brook Mitchell | Getty Images News | Getty Images A recent spike in Covid cases has led Australian authorities …
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Why many Uber and Lyft drivers aren’t coming again
A ride share driver picks up passengers at O’Hare Airport on April 10, 2019 in Chicago, Illinois. Scott Olson / Getty Images After a dramatic decline in traveling this past year, people are moving again. Yet, despite offering cash incentives, rideshare giants Uber and Lyft are still struggling to bring drivers back to full speed, leading …
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Bitcoin mining issue is falling after the hashrate collapse in China
A bitcoin mine near Kongyuxiang, Sichuan, China on August 12, 2016. Paul Ratje | The Washington Post | Getty Images It just got a lot easier and more profitable to mine for Bitcoin. The world has known for months that more than half of the world’s bitcoin miners would go dark if China cracked down …
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The ESG scope might change in 2021. What two market analysts foresee
It could be a crucial year for environmental, social and governance investments. Securities and Exchange Commission chairman Gary Gensler turned to ESG in a recent statement, saying he asked employees to examine a number of climate and workplace metrics to understand which ones are most important to investors . The move could narrow the scope …
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Boeing cargo aircraft makes an emergency touchdown close to Honolulu
A Transair Beoing 737 cargo jet sits on the tarmac of the Transair Cargo Facility at Dainel K. Inouye International Airport on July 2, 2021 in Honolulu, Hawaii. Eugene Tanner | AFP | Getty Images A Boeing 737-200 cargo plane made an emergency landing in the ocean near Honolulu early Friday after pilots reported engine …
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Sha’Carri Richardson suspended from U.S. Olympic staff for marijuana
Track star Sha’Carri Richardson was suspended from one month from the U.S. Olympic team after failing a test for marijuana use. Richardson’s suspension means that the 21-year-old cannot compete in the women’s 100-meter race at the Tokyo Olympics, which begins July 23. That event, which she had been favored to win, will occur just after …
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Xi seizes the possibility to guide China within the path to energy
Chinese communist leader and Chinese President Xi Jinping spoke at the celebration for the 100th founding anniversary of the Chinese Communist Party on July 1, 2021 in Beijing, China. Lintao Zhang | Getty Images News | Getty Images BEIJING — One hundred years since the founding of China’s Communist Party — which it says was …
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U.S weekly jobless claims whole hits new pandemic-era low of 364,000
Initial filings for unemployment insurance fell sharply last week, indicating continued improvement in the U.S. jobs market, the Labor Department reported Thursday. First-time jobless claims totaled 364,000 for the week ended June 26, compared to the 390,000 Dow Jones estimate. That marked a new pandemic-era low and a decline of 51,000 from the previous week. …
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