Business news 08 Feb, 2021
Reddit bought a five-second Super Bowl spot celebrating GameStock - The VergeThe Verge
Reddit bought a five-second Super Bowl ad that contained a shout-out to the users involved in the GameStop stocks saga. “Underdogs can accomplish anything,” the ad read.
Hyundai and Kia say they are not talking to Apple about self-driving cars - CNNCNN
Shares of Hyundai and Kia plunged on Monday in Seoul after the automakers said they were not in talks with Apple to develop self-driving cars after all.
Asian shares, oil buoyant on economic revival hopes By Reuters - Investing.comInvesting.com
Asian shares, oil buoyant on economic revival hopes
Reddit Buys 5-Second Super Bowl Ad, Touts GameStop Stock Craze - Hollywood ReporterHollywood Reporter
"Powerful things happen when you rally around things you really care about," the message read in part.
Yes, that was Philly’s Four Seasons Total Landscaping in a Super Bowl commercial - The Philadelphia InquirerThe Philadelphia Inquirer
“Success. It’s often right place, right time,” owner Marie Siravo says in the ad, a fitting line for a company that became famous thanks to a bizarre Rudy Giuliani press conference.
China fines Vipshop almost $500,000 for unfair competition acts - Yahoo FinanceYahoo Entertainment
Chinese regulators have hit online discount retailer Vipshop Holdings Ltd with a 3 million yuan ($464,000) fine, the biggest to date in a recent clampdown on...
Vehicle with child inside stolen from Walgreens parking lot - KARE11.comKARE11.com
Both the child, a six-year-old girl, and the vehicle have been located. Police continue to search for a suspect.
Americans take to 'buy now, pay later' shopping during pandemic, but can they afford it? - ReutersReuters
When Leondra Garrett wanted to stock up on three new pairs of shoes early last year, the North Carolina resident split a $161 online purchase into four installments through a "buy now, pay later" service, in what seemed like a convenient deal.
In Alabama, Workers At Amazon Warehouse Are Poised For Union Vote - NPRNPR
Some 5,800 workers at the Bessemer facility will vote starting this week on joining the Retail, Wholesale and Department Store Union, potentially making it Amazon's first union shop in the U.S.
Investigators target cryogenic freezing system in leak that killed 6 at Hall County chicken plant - WSB AtlantaWSB Atlanta
Taiwan senses opportunity to bolster relations with west after chip shortages - Financial TimesFinancial Times
Trade representative John Deng says scarcity means governments can no longer ignore Taipei
Renesas Confirms Talks to Buy Apple-Supplier Dialog Semi - Yahoo FinanceYahoo Entertainment
(Bloomberg) -- Renesas Electronics Corp. of Japan said it’s in talks to acquire Dialog Semiconductor Plc, the U.K. chip designer whose clients include Apple ...
South Africa suspends rollout of Oxford-AstraZeneca coronavirus vaccine - DW (English)DW (English)
One study, involving around 2,000 people, found the vaccine offered "minimal protection" against mild and moderate cases of Covid-19. The government says it will use other vaccines in the meantime.
Asia-Pacific stocks rise; China announces new anti-monopoly rules aimed at tech giants - CNBCCNBC
Hong Kong-listed shares of Chinese tech giants such as Alibaba, Tencent and JD.com were watched by investors on Monday.
Super Bowl ad offers chance to go to space on SpaceX rocket - WESH 2 OrlandoWESH Orlando
A Super Bowl ad for the Inspiration4 mission aired during the first quarter of the big game.
Less than 1,000 new COVID-19 cases added in Utah Sunday, 3 more deaths - Deseret NewsDeseret News
Drops in new cases, hospitalizations and deaths have led to a rolling seven-day average number of daily cases of 1,143 and to 15.6% of all COVID-19 tests being positive. The declining trend has continued at least through the last week.
Hawaii reports 2 new coronavirus-related deaths on Oahu and 75 additional infections statewide - Honolulu Star-AdvertiserHonolulu Star-Advertiser
Hawaii Department of Health officials today reported two new coronavirus-related deaths on Oahu and 75 new coronavirus infections statewide, bringing the state’s totals since the start of the pandemic to 418 fatalities and 26,468 cases.
3,004 new COVID-19 cases, 76 additional deaths reported in Massachusetts - WCVB BostonWCVB Boston
The Massachusetts Department of Public Health has released the latest COVID-19 case numbers for the state.
Statistics show thousands of Minnesotans will die after getting the COVID vaccine — but not because of it | INFORUM - INFORUMINFORUM
The challenge for public health officials is to avoid even a few of those inevitable deaths being seized upon as evidence that the COVID-19 vaccines are dangerous, or even killers.
MTA Deletes Tweet Explaining Why Subway Station Benches Were Removed - GothamistGothamist
Someone described as a “junior” employee said benches were removed to “prevent the homeless from sleeping on them.”
Crypto Hedge Funds Defraud $100 Million From Investors, Founder Faces 20 Years in Prison – Regulation Bitcoin News - Bitcoin NewsBitcoin.com
The founder of two cryptocurrency hedge funds has been charged in U.S. federal court for securities fraud. He has pleaded guilty and is facing up to 20 years in prison. His two funds cumulatively had over $100 million in investments.
Grimes and Elon Musk Share Adorable New Photos With Son X Æ A-XII - BillboardBillboard
Grimes and Elon Musk recently shared new photos of themselves spending time with their baby son X Æ A-XII.
Local bars, restaurants brace themselves for pandemic losses on Super Bowl Sunday - KOMO NewsKOMO News
Super Bowl Sunday typically means big sales and big bucks for restaurants and bars and some retail stores. But this year, given the pandemic, some are going to take a serious hit. One business owner tells KOMO News her bar would normally bring in $5,000 in gr…
Powerball ticket sold in Wake County wins $1 million prize, owner needs to claim - WRAL.comWRAL.com
Saturday's Powerball drawing produced a $1 million prize for someone who bought a ticket at a convenience store in Wake County.
Despite huge losses, US airlines are rolling in cash - CNNCNN
The US airline industry just closed the books on the worst year in its history, losing a combined $32 billion excluding special items. Yet it still ended 2020 awash in an ocean of cash.
Super Bowl will be shown on KIRO-CBS after all, as AT&T/DirecTV and Cox reach agreement - Seattle TimesGoogle News
Water company urging customers to prevent frozen pipes during bitter cold temperatures - WPXI PittsburghWPXI Pittsburgh
Bitter cold temperatures have water company urging customers to prevent frozen pipes
Man struck by car while crossing Pulaski Highway dies - WBAL TV BaltimoreWBAL TV Baltimore
A man struck by a car while crossing Pulaski Highway Saturday night has died, police said.
Standoff in Lansford – Times News Online - tnonline.comTnonline.com
Several police departments were on the scene of a standoff in the 200 block of W. Abbott Street in Lansford Sunday morning. The standoff started shortly after 9 a.m. Lansford Police described the inc...
Negative Real Interest Rates Will Support Gold Prices - Seeking AlphaSeeking Alpha
Real interest rates are likely to remain negative and further fall. Thus, the US Dollar is likely to continue to depreciate.
5 Social Security Secrets for Even Bigger Checks - Motley FoolMotley Fool
Until you start claiming your benefits, there are often things you can do to increase the size of your Social Security benefit.
Rolls-Royce plans two-week shutdown of civil aerospace business - ReutersReuters
Britain's Rolls-Royce said on Sunday it is proposing a two week operational shutdown of its civil aerospace unit over the summer as it manages costs due to the impact of the COVID-19 pandemic.
DHEC: 2,228 new COVID-19 cases, 35 more deaths reported Sunday - WIS10WIS10
Today’s report brings the total number of people with confirmed cases since the outbreak began to 412,996 and confirmed deaths to 6,849.
How long will it take to vaccinate Alabama and how can we speed it up? - AL.comAL.com
"We are in an arms race, no pun intended,” said Dr. Jeanne Marrazzo, head of UAB’s Division of Infectious Diseases. “But we’ve got to get enough people vaccinated before these new variants really take hold.”
Fashion brands see sales rebounding—eventually. Europe's murky outlook could snag growth - CNBCCNBC
Most outlooks remain murky, at best. Fashion brands are reporting a strong rebound in China, but Europe remains a trouble spot.
USPS workers want change, but Biden can't fire Louis DeJoy - Chicago TribuneChicago Tribune
Some critics hoped President Joe Biden would fire Louis DeJoy, but a president can’t do that. Instead, Biden could use appointments to reshape the USPS Board of Governors.
Audi Norway punches back at GM's Will Ferrell Super Bowl commercial - AdAge.comAdAge.com
‘Game of Thrones’ star Kristoffer Hivju takes issue with the GM’s ads in three response videos.
A 3D printed house is for sale in New York. Builders say it will cut housing construction costs - CNNCNN
The Riverhead, New York, home is listed online through Zillow with an asking price of $299,999.
Negative interest rates and huge deficits are the new normal. What comes next? - CNNCNN
The pandemic is pushing economic policy to the limits. Governments around the world are running record budget deficits, and central banks are becoming addicted to easy money policies that would have been unthinkable two decades ago.
RPT-Wall St Week Ahead-GameStop frenzy reveals potential for broader market stress - ReutersReuters
As the trading frenzy in GameStop Corp shares and other social media favorites recedes, investors are eyeing signs of potential market stress that could weigh on broader stock performance in coming weeks.
Slow Covid-19 Vaccine Rollout Shifts Some Business Plans - The Wall Street JournalThe Wall Street Journal
Some executives see recovery in travel, shopping by spring; others don’t expect pickup until later this year or 2022
So you made a bundle on GameStop. Get ready to pay the taxes - USA TODAYUSA Today
You'll pay taxes if you made a profit selling your shares of GameStop. Here's how it works, and how you can lower your bill.
These are the most-searched Super Bowl foods in your state - WJW FOX 8 News Clevelandfox8.com
With just hours left before the Super Bowl, people are scrambling to put together their menus for the Big Game.
The Week in Business: The Meme Stock Bubble Bursts - The New York TimesNew York Times
As the GameStop bubble burst, the market had its best rally in months.
Which COVID-19 tests are required for international travel? - The Associated PressAssociated Press
Which COVID-19 tests are required for international travel? It depends on where you're going. In an effort to limit the spread of new coronavirus variants, many countries are requiring...
Cramer Advises Viewers On Snap, nCino And More - Yahoo FinanceYahoo Entertainment
On CNBC's "Mad Money Lightning Round," Jim Cramer said Penumbra Inc (NYSE: PEN) is a speculative stock. The revenues are not going the way he would like it. ...
GameStop Frenzy Is Tough Call for Regulators Focused on Transparency - The Wall Street JournalThe Wall Street Journal
Little imperative to act if no market manipulation—and little political will to rein in small investors
Tightening Oil Supplies Inject New Momentum Into Price Rally - The Wall Street JournalThe Wall Street Journal
Signs of strength under the surface of the energy market suggest further gains for crude prices, some investors and analysts say
Chinese users flock to U.S. chat app Clubhouse, evading censors - ReutersReuters
Private social audio app Clubhouse is attracting masses of new users from mainland China, where the U.S. app remains uncensored by authorities despite flourishing discussions on rights, national identity and other sensitive topics.
Texas doctors praise Johnson & Johnson COVID-19 vaccine as 'game changer' - KVUE.comKVUE.com
Johnson & Johnson filed for Emergency Use Authorization from the FDA earlier this week. If approved, it would be the third COVID-19 vaccine option.
Here's Where to Get a Coronavirus Vaccination in Illinois - NBC ChicagoNBC Chicago
The state of Illinois has added 80 new COVID-19 vaccination sites as of this week to continue the stream of doses into people eligible in Phase 1B.
Two drivers die in Keller head-on collision, authorities say; investigation underway - Fort Worth Star-TelegramGoogle News
Johnson & Johnson COVID-19 vaccine could increase immunization access for Washington's rural areas - KING5.comKING5.com
The FDA could grant the authorization within weeks, and Johnson & Johnson is expected to provide 100 million doses to the U.S. by June.
Free food for Super Bowl LV: Here's where to get free wings, pizza deals and free delivery - USA TODAYUSA Today
Super Bowl Sunday is a big day for deals on chicken wings, pizza, sandwiches and more. Many restaurants also have free delivery.
A.H.N. Saint Vincent Begins to Vaccinate Community Members - erienewsnow.comerienewsnow.com
A clinic opened today at the Booker T. Washington Center where over 100 people got the Covid-19 vaccine.
Nearly 180 people reported to have died of COVID-19 in Georgia in 24 hours, marking state’s deadliest day - WSB AtlantaWSB Atlanta
The five deadliest days of the pandemic in Georgia have all been in 2021.
China expands rollout of domestic-made Sinovac COVID-19 vaccine - New York PostNew York Post
Chinese officials have expanded the rollout of its domestic-made Sinovac coronavirus vaccine so people other than just those in high risk and priority groups can get it. Regulators gave conditional…
Kroger to pay workers $100 if they get the Covid-19 vaccine - CNNCNN
Kroger has joined a growing list of large US grocery store chains offering incentives for workers to get the Covid-19 vaccine.
Apple Reportedly Has Suspended Electric Car Talks With Hyundai, Kia - BenzingaBenzinga
Apple Inc’s (NASDAQ: AAPL) rumored discussions with Hyundai Motor Co. and its subsidiary Kia Motors Corp. about building an electric ...
Website Showing Open Vaccine Slots In MA Created By Arlington Mom - Patch.comAvon, CT Patch
Olivia Adams, a software engineer on maternity leave, created the site after seeing people struggle to find appointments.
Some Super Bowl commercials will strike a different tone this year due to the pandemic - CNBCCNBC
Advertisers appearing on the game this Sunday have to manage the right tone. Some are weighing in on the reality of the moment while trying not to be offensive.