Business news 01 Mar, 2021
Walmart in Sacramento evacuated after person set off firework inside - KCRA SacramentoKCRA Sacramento
A Walmart in Sacramento was evacuated Sunday afternoon after someone set off fireworks inside the store, officials with the Sacramento Fire Department said.
Asian stocks rally, battered bond market tries to steady By Reuters - Investing.comInvesting.com
Asian stocks rally, battered bond market tries to steady
Forget ‘Succession.’ You Can Watch ‘90 Day Fiancé’ for 100 Hours Straight. - The New York TimesNew York Times
Discovery’s new app has taken off largely because viewers love watching people fix houses, tour diners and bicker about their relationships.
Dow futures up 200 points as Treasury yields retreat - MarketWatchMarketWatch
U.S. stock-market futures rose Sunday night as Treasury yields continued to pull back from highs last week.
Goldman bankers join Walmart effort to take on Wall Street - Financial TimesFinancial Times
Omer Ismail and David Stark sign up to fintech venture by world’s largest retailer
Rocket Lab Nears Deal to Merge With Vector SPAC - The Wall Street JournalThe Wall Street Journal
Deal, which could be completed by Monday, would take Rocket Lab public, valuing it at $4.1 billion, sources say
J&J Covid-19 vaccine distribution to begin immediately - NBC NewsNBC News
Johnson & Johnson's vaccine was authorized for emergency use, and shipments begin immediately. Sunday, the CDC director signed off on the vaccine. Four million doses will be delivered this week.
Latest South Carolina COVID-19 report from DHEC: Feb. 28, 2021 - WYFF4 GreenvilleWYFF4 Greenville
On Sunday, the South Carolina Department of Health and Environmental Control reported 1,197 new confirmed COVID-19 cases in the state.
Verizon Tells Consumers to Turn Off 5G to Preserve Battery Life Then Instantly Regrets It - GizmodoGizmodo.com
In an effort to be helpful, Verizon accidentally stuck its foot in its mouth on Sunday, and then furiously backtracked.
Man wins $500G Powerball prize with numbers from his fortune cookie - Fox NewsFox News
Ernesto Sorzano’s Chinese-takeout dinner paid off big-time when he played the set of lucky numbers in his fortune cookie on a North Carolina Powerball ticket
Cybersecurity firm says social media bots hyped GameStop during trading frenzy - The VergeThe Verge
A cybersecurity firm found that bots were promoting GameStop stock on social media before and after the stock’s frenzied rise last month, estimating that tens of thousands of bots participated.
AstraZeneca has sold its stake in Moderna for more than $1 billion: The Times - ReutersReuters
AstraZeneca Plc has sold its 7.7% stake in Moderna Inc for more than $1 billion after the U.S. biotechnology company's shares soared on the back of its coronavirus vaccine breakthrough, The Times reported.
Lawmaker breaks down confronting Ercot officials over death of boy in Texas freeze - The IndependentIndependent
CEO of energy supplier said ‘I don’t believe I would’ do anything differently, despite deaths
Platform’s Columbus taproom closes down temporarily after employees quit - WJW FOX 8 News Clevelandfox8.com
Columbus’ Platform Beer Co. taproom has temporarily closed its doors after employees quit due to concerns regarding pay as well as the COVID-19 pandemic.
A Trader Joe’s employee called for stronger coronavirus measures. The company fired him. - The Washington PostThe Washington Post
Ben Bonnema specifically asked Trader Joe's CEO to allow its employees to enforce the store's mask-wearing policy.
How Coinbase Going Public Is Reshaping Trust in Markets - CoinDesk - CoinDeskCoinDesk
The Coinbase S-1 is eye-opening, and it says a lot about the crypto markets of today and the capital markets of tomorrow.
Hawaii reports 60 new COVID cases, pushing statewide total to 27,559; no additional fatalities - Hawaii News NowHawaii News Now
There have been 636 new cases in the islands in the last 14 days.
Jaguar Land Rover Is Cutting Capacity By 25 Percent - JalopnikJalopnik
Jaguar Land Rover is knocking back one quarter of its production over the next five years, Automotive News reports. The news has come via an investor presentation.
‘This bond market is so radically oversold,' economist David Rosenberg says - CNBCCNBC
David Rosenberg of Rosenberg Research predicts inflation fears are temporary, and the 10-year Treasury Note yield will return to 1%.
'Meteorological Spring' Arrives Monday. Here's What That Means and Why It's Different Than the Equinox | The Weather Channel - Articles from The Weather Channel | weather.com - The Weather ChannelThe Weather Channel
If you can't wait for spring, here's why meteorologists define the seasons in a different way. - Articles from The Weather Channel | weather.com
Marathon Digital Holdings: Massive Upside For Best Bitcoin Mining Company - Seeking AlphaSeeking Alpha
Marathon Digital Holdings (MARA) aims to become the largest Bitcoin miner in America with an aggressive growth strategy.
Texas woman hits over $300G jackpot while waiting at Las Vegas airport for flight home - Fox BusinessFox Business
A Texas woman visiting Las Vegas hit a $302,000 jackpot while waiting for her flight home at McCarran International Airport last week.
Bitcoin extends retreat from record high to hit lowest in 20 days - ReutersReuters
Bitcoin dropped 6.39% to $43,165.78 on Sunday, losing $2,944.20 from its previous close.
465 more COVID-19 cases, 6 deaths reported in Utah Sunday - KSL.comKSL.com
The department also said 14,243 more vaccines have been administered over Saturday's numbers.
American Airlines Forced to Divert Flight After Women Use Racial Slurs and Spit on Passenger - Yahoo EntertainmentComplex
Pichardo and Rodriguez were allegedly using a racial slur when a male passenger asked them to stop using that language. This prompted Pichardo to spit on him...
Border agents seize 277 pounds of banned bologna - WHIO RadioWHIO
Border officers seized 277 pounds of contraband bologna Wednesday at the Mexican border.
See Hyundai Ioniq 5 Spotted At Fast Charging Station - InsideEVsInsideEVs
Here is an outstanding quick walk-around and close-up video, presenting a pre-production Hyundai Ioniq 5 spotted at a fast charging station in South Korea.
Five Northeast Ohio bars cited for violating health orders - WKYC.comWKYC.com
Several bars were noted as having roughly 200 patrons inside.
Judge Approves 'Landmark' $650 Million Class-Action Suit Against Facebook Over Privacy Claims - BenzingaBenzinga
A federal judge has approved a $650 million settlement of a class-action privacy lawsuit against Facebook that claimed the company used its facial ...
1,945 new COVID cases reported, 108 in our central region Feb. 28 - WTAJ - www.wearecentralpa.comWTAJ - www.wearecentralpa.com
HARRISBURG, Pa. (WTAJ) — The Pennsylvania Department of Health has confirmed 1,945 new cases of COVID-19 since yesterday, bringing state totals to 931,642 known cases. The DOH reports 21 additional deaths, bringing the state total to 24,021. There are 1,720 i…
Person struck by truck in crash that closed I-81 - PennLivePennLive
Fire crews helped extract a person who was found between a crashed tractor-trailer and pickup truck on Interstate 81 in Dauphin County Sunday morning.
Out-of-staters are crossing the border to get vaccinated in Vermont - vtdigger.orgvtdigger.org
While other states like New York are currently vaccinating anyone older than 65, waiting time to get a vaccine may be longer, which could be a temptation to come to Vermont.
Secure the retirement of your dreams with these easy moves - Fox BusinessFox Business
A few simple moves on your part could set the stage for the retirement you've always imagined -- one that's fulfilling and devoid of financial stress.
The Big Day: Another vacuous Netflix attempt at Indian myth-making - The Indian ExpressThe Indian Express
The Big Day -- much like Indian Matchmaking -- uses India as a backdrop, pointing the camera at places they want to view and be viewed against. It feeds into stereotypes without caring enough to examine the discrepancies.
Robinhood Expects To Pay $26.6 Million FINRA Fine - DecryptDecrypt
The trading app faces multiple regulatory probes, and expects to pay a hefty fine to settle with regulators.
Housing stock in N.J. is half of what it was last year, pushing prices to $500K on average - NJ.comnj.com
The residential real estate market has been propelled by low interest rates.
$1400, $600, $1200 stimulus checks: The biggest differences compared - CNETCNET
Congress is close to approving another stimulus package, with a new direct payment. With the third check, however, lawmakers are using a different blueprint than the first two payments.
Buffett’s Berkshire Buys Back $24.7B In Stock As 2020 Operating Income Drops - Yahoo FinanceYahoo Entertainment
Warren Buffett’s Berkshire Hathaway posted a 9% decline in 2020 operating income as the billionaire made “no sizable acquisitions” last year, while bumping...
$3 gasoline could be around the corner — unless OPEC and Russia start pumping more oil - CNNCNN
OPEC and Russia's unprecedented production cuts last spring lifted oil prices out of a death spiral. Nearly a year later, the group is under pressure to cool off the red-hot market.
Bitcoin’s record rally minting thousands of crypto millionaires…at least in virtual reality - RTRT
Bitcoin’s record rally minting thousands of crypto millionaires…at least in virtual reality
Dogecoin hasn't always been a 'fun meme coin' - CointelegraphCointelegraph
A discussion group coordinating DOGE's 600% pump? This happened precisely seven years ago.
5 Industrial Stocks Poised to Benefit From Rising Inflation - Barron'sBarron's
When inflation is on the rise, industrial stocks stand to benefit. Within the sector, five stocks look fairly promising if inflation increases as much as markets are signaling lately.
Popular L.A. restaurant Spoon by H closes after high-tech "dine and dash" scheme - CBS NewsCBS News
"I just felt so incredibly helpless and frustrated," said Spoon by H owner and chef Yoonjin Hwang.
New Chauffeur-Hailing Service Seeks to Challenge Uber, Lyft in City Rides - The Wall Street JournalThe Wall Street Journal
German upstart Blacklane bets on virus-conscious business traveler
Pricing Is Up at Norwegian Cruise Line Holdings - Cruise Industry NewsCruise Industry News
Demand is strong, world cruises are selling out in a day , and pricing is up for Norwegian Cruise Line Holdings' trio of cruise brands in Norwegian, Regent...
Jane Fraser Is Hitting Refresh at Citigroup - The Wall Street JournalThe Wall Street Journal
The new CEO takes over Monday with two major goals: simplify the bank and make regulators happy
How Europe Became the World’s Biggest Electric-Car Market—and Why It Might Not Last - The Wall Street JournalThe Wall Street Journal
Subsidies and more choices have helped spur consumer demand, but China serves as a warning that such momentum can be fleeting
Louisiana deaths jumped by nearly 30% in 2020: How the victims died - NOLA.comNOLA.com
It’s the cycle of life. Every year, about 43,000 Louisianans – give or take – shuffle off this mortal coil, the vast majority of them dying from natural causes.
Arby's gives fish sandwich a limited menu run, trolling its competition as fast-food wars heat up - Yahoo FinanceYahoo Entertainment
Here's how you can try an Arby's fish sandwich for free.
New appointments available for Kennewick, Walla Walla mass vaccination clinics - KEPR 19KEPR 19
KENNEWICK -- New appointments are now available for the mass vaccination clinic in Kennewick for the week of March 2-6. The Department of Health has posted hundreds of new appointments for those seeking their second dose of the Pfizer COVID-19 vaccine in Kenn…
Judge lifts 11 p.m. curfew for bars, restaurants involved in lawsuit - WGRZ.comWGRZ.com
Effective immediately, restaurants and bars involved in the lawsuit are able to stay open past 11 p.m.
'First of all, it's a ludicrous tax': New Oregon house bill would heavily tax beer and wine makers - KGW.comKGW.com
Proponents are pushing the bill to fund more addiction recovery treatments and curb underage drinking and binge drinking.
Nebraska seeing higher gas prices than the region - KOLN1011now
Gas prices in Nebraska are going up daily and the state has one of the highest averages in the Midwest.
Solar Overtakes Wind As India’s Largest Renewable Energy Technology - CleanTechnicaCleanTechnica
Solar power has replaced wind power to become the largest renewable energy technology in India. According to data reported by the Ministry of New and Renewable Energy for January 2021, solar power capacity in India
Spring break crowds flock to Fort Lauderdale, Miami Beach amid COVID concerns - WSVN 7News | Miami News, Weather, Sports | Fort LauderdaleWSVN 7News | Miami News, Weather, Sports | Fort Lauderdale
FORT LAUDERDALE, FLA. (WSVN) - The first weekend of spring break 2021 has brought large crowds to South Florida beaches, along with concerns about the...
'Biggest trial of my life': Landlord says eviction moratorium has drained her savings - CNNCNN
CNN's Natasha Chen looks at how the Covid-19 eviction moratorium has affected small-scale investors and landlords who have unpaid mortgages to face as tenants are unable to pay their rent.
Patient asked to reschedule mammogram appointment after receiving COVID-19 vaccine - WXIXFOX19
Medical personnel at the Kettering Health Network are telling patients not to delay getting a mammogram after getting the COVID-19 vaccine.
COVID-19: Will there be any concerts in Utah this year? - Deseret NewsDeseret News
Big concerts this year include Marie Osmond, Kristin Chenoweth, Celine Dion, Justin Bieber, Backstreet Boys, Colbie Caillat, Maroon 5 and more.
Power Provider Griddy Defends Itself After Ban From Operating in Texas Amid Storm Furor - NewsweekNewsweek
Griddy Electric has been banned from the Texas market, but promises customers "we wanted to continue the fight for our members to get relief and that hasn't changed."
World’s wealthiest clash over bitcoin: Gates advises to stay away, while Musk causes cryptocraze - RTRT
While Elon Musk has been driving a buying frenzy in the cryptomarket, anyone who has less money than the richest person on the planet should avoid investing in bitcoin, multi-billionaire Bill Gates says.
Biden administration drops Trump's objections to a global digital tax - Daily MailDaily Mail
Trump's demand for a 'safe harbor clause' would have allowed U.S. tech giants such as Google, Facebook and Amazon to opt out of the scheme to impose a global minimum corporate tax.
Scientists get serious about mixing and matching COVID-19 vaccines - Los Angeles TimesLos Angeles Times
Mixing and matching doses of different COVID-19 vaccines was an idea that scientists dismissed out of hand. Now they’re taking it seriously.
Airbnb CEO Brian Chesky: 'We’ve seen a paradigm shift in how people search for travel' - Yahoo FinanceYahoo Entertainment
As the world begins to normalize after a pandemic-stricken year, Airbnb is trying to seize the opportunity to convince users to take a spontaneous trip...
I am getting a less effective vaccine now. Can I get a better one later? - FortuneFortune
It's a question facing millions as less effective doses—like Johnson & Johnson's and Sinovac's—hit the market.