Business news 08 Mar, 2021
GE Nears Deal With AerCap to Create Behemoth Aircraft Lessor - Yahoo FinanceYahoo Entertainment
(Bloomberg) -- General Electric Co. is nearing an agreement to combine its jet-leasing business with Ireland’s AerCap Holdings NV, said people familiar with ...
Arizona Bath & Body Works turns into slugfest between customer, employees - Fox NewsFox News
Scottsdale Police Department spokesperson Sergeant Kevin Quon told FOX News that the incident was started over someone cutting in line and that it was "not mask nor race related." He added that two female subjects involved in the fight have been cited crimina…
Asia-Pacific shares mixed in 'fragile' market environment, oil jumps more than 2% - CNBCCNBC
Monday's session in the Asia-Pacific followed a wild day in U.S. markets last Friday, where stocks roared back from a sharp sell-off.
Dow futures rise after Senate passes $1.9 trillion Covid relief bill - CNBCCNBC
Futures tied to the Dow rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.
Why a $2,000 Stimulus Is Great for You — Unless You’ve Got Student Loans - Yahoo FinanceYahoo Entertainment
You may be familiar with the game "Would You Rather?" In the party game, players choose between two equally bad -- or equally good -- scenarios. It can lead ...
Chicago Residents in Phase 1B-Plus of State Vaccine Plan Now Eligible for Appointments at United Center - NBC ChicagoNBC Chicago
On Sunday afternoon, eligibility for appointments at the mass COVID vaccination site at the United Center opened up to all Chicago residents who are 18 years of…
Study: There Was No ‘Mass Exodus’ From California In 2020 - CBS SacramentoCbslocal.com
A popular notion that there was a mass exodus from California last year is wrong, according to research from a nonpartisan think tank.
Is ETH Coming to Corporate Balance Sheets? - CoinDesk - CoinDeskCoinDesk
Ether is digital oil to bitcoin's digital gold. That means it's not replacing BTC as a reserve asset – it has another purpose.
Game of drones: Chinese giant DJI hit by U.S. tensions, staff defections - Yahoo FinanceYahoo Entertainment
Chinese drone giant DJI Technology Co Ltd built up such a successful U.S. business over the past decade that it almost drove all competitors out of the...
Crowd-Safety Company Evolv Going Public in $1.7 Billion SPAC Merger - The Wall Street JournalThe Wall Street Journal
Microsoft co-founder Bill Gates and former Florida governor Jeb Bush are two of Evolv’s investors
Investors haven't fully grasped inflation is 'dead ahead,' economist Mark Zandi warns - CNBCCNBC
Moody Analytics’ Mark Zandi warns the economic recovery will unleash strong inflationary pressures.
Canada Post is sending every household a postcard to send to a loved one for free - CNNCNN
Canada Post is sending a free prepaid postcard to every household in the country to help citizens stay connected during the continuation of the Covid-19 pandemic.
Philanthropist MacKenzie Scott, Ex-Wife of Jeff Bezos, Marries Seattle School Teacher - The Wall Street JournalThe Wall Street Journal
Ms. Scott, one of the world’s wealthiest women, has married Dan Jewett, a science teacher at a private school
Union in Amazon effort disavows social-media boycott call - AL.comAL.com
Third party pitched boycott as show of solidarity with workers
Royal Caribbean's newest ship stranded in port after workers test positive for coronavirus - Seeking AlphaSeeking Alpha
Royal Caribbean's (RCL) newest ship, the Odyssey of the Seas, is stuck at port in Germany after two workers on the ship tested positive for coronavirus, according to a report.The ship...
Greensill’s Key Clients Included West Virginia Gov. Jim Justice’s Coal Company - The Wall Street JournalThe Wall Street Journal
Most of Greensill’s revenue came from five clients, according to an internal Greensill report reviewed by The Wall Street Journal
H-E-B will keep COVID protocols in place once mask mandate is lifted - KHOU.comKHOU.com
H-E-B will have signs posted and expects its customers to wear masks
Houston Mayor Sylvester Turner wants planned 'maskless parties' at bars to be canceled - KTRK-TVKTRK-TV
Houston Mayor Sylvester Turner asks bars to cancel plans for 'mask-off' parties this week.
IRS Delayed Refunds Last Year for Millions of Taxpayers — Here’s How To Get Yours Faster - Yahoo FinanceYahoo Entertainment
In 2020, the IRS's fraud filters flagged 5.2 million refunds for review — and that includes millions that were perfectly legitimate, according to the...
412 new COVID-19 cases, 1 death and 12631 more vaccinations reported Sunday in Utah - KSL.comKSL.com
Overall, that brings Utah to 374,850 cases, 1,976 deaths and 855,663 vaccines given since the pandemic began.
I'm a designer who moved to San Francisco and broke into tech with a six-figure salary — all without a relevant degree or network. Here's how I did it. - Business InsiderBusiness Insider
After graduating from an arts school in Virginia, Lily Li felt stuck. She wanted to get into tech, but knew nothing about the industry.
How NFTs Became Art, and Everything Became an NFT - CoinDesk - CoinDeskCoinDesk
Jeff Wilser meets the artists, collectors and influencers powering a boom in NFT art, collectibles and more. Can he sell his own NFT?
Biden administration launching task force to investigate whether China orchestrated Microsoft Exchange hack - Business InsiderBusiness Insider
Microsoft said Tuesday that its Exchange email server had been hacked by the "Hafnium" group, with the Chinese state's support.
Elon Musk says Tesla is expanding its Full Self Driving beta to more drivers - The VergeThe Verge
Tesla is expanding the “Full Self-Driving” (FSD) beta it launched in October, according to CEO Elon Musk. Tesla plans to double the size of the beta test pool and eventually increase the number of vehicles in the beta tenfold.
U.S. sees Pfizer's and other Western COVID-19 vaccines becoming latest target of Russian disinformation - MarketWatchMarketWatch
One false Russian claim: that the U.S. rushed the Pfizer-BioNTech vaccine through the regulatory process
COVID-19 Fiscal Woes Forces Goodwill To Close Eight San Francisco Bay Area Retail Stores - CBS San FranciscoCbslocal.com
The lingering fiscal woes triggered by the on-going COVID-19 pandemic has forced Goodwill Industries of the Greater East Bay to announce the closure of eight retail stores in Alameda, Contra Costa and Solano counties and the layoffs of 61 employees.
Michigan governor touts J&J vaccine after Detroit mayor turns down doses | TheHill - The HillThe Hill
The governor of Michigan is defending the efficacy of Johnson & Johnson's COVID-19 vacci...
Biden’s wooing both labor and environmentalists on climate change. Oil pipelines may drive them apart. - The Washington PostThe Washington Post
The president is trying to square environmentalists’ demands to stop burning fossil fuels with labor leaders' desire for union jobs linked to oil and gas.
Oxford-AstraZeneca Covid-19 Vaccine Startup in Conflict With University Ahead of Planned IPO - The Wall Street JournalThe Wall Street Journal
Investors hope a New York listing of U.K.-based Vaccitech will propel it to a $1 billion valuation by year-end
New Hampshire transforms speedway into mass vaccination site, but some report long delays - WCVB BostonWCVB Boston
Eight separate lanes were set up with multiple vaccinators present in each lane, working to make sure the process goes as smoothly as possible.
Bay Area hotel declares bankruptcy, kicks out all of its guests, including NHL team - SF GateSFGate
A Bay Area hotel's abrupt closure left guests scrambling to find accommodations —...
San Francisco resident on taxpayers reportedly footing $16.1 M bill for tent camp - Yahoo NewsYahoo Entertainment
Richie Greenberg, a community advocate, argues the city needs to be held accountable for mismanaging the homeless crisis in San Francisco.
The good news: Profits are rising in IRAs and 401(k)s. The bad news: So are future taxes - AZCentral.comAZCentral
Latest NFT craze? Jack Dorsey is selling his first tweet (NYSE:TWTR) - Seeking AlphaSeeking Alpha
Jack Dorsey is the latest entrepreneur to jump on the non-fungible token ((NFT)) bandwagon, listing his first ever tweet for sale
Cathie Wood Has a New Tesla Target Price Soon. Here's Where It Might Be. - Barron'sBarron's
ARK Investment founder Cathie Wood says her new Tesla price target is coming soon. What will it be? Barron's hazards a back-of-the-envelope guess.
Workers worry about safety, stress as states ease mask rules - Yahoo NewsYahoo Entertainment
Leo Carney worries that bigger crowds and mask-less diners could endanger workers at the Biloxi, Mississippi, seafood restaurant where he manages the kitchen...
Google advised mental health care when workers complained about racism and sexism - NBC NewsNBC News
Google workers who complained about racism or sexism were referred for mental health counseling
COVID-19: CVS Expands Vaccination Sites To These Hudson Valley Locations - Northwest Dutchess Daily VoiceRutherford Daily Voice
With the newly approved Johnson & Johnson COVID-19 vaccine providing health officials with an additional option for vaccinating those eligible, CVS announced it will be expanding its vaccination program to nearly 150 more locations in …
Food Critic, Provocateur Definitively Ranks Girl Scout Cookies - NPRNPR
Los Angeles Times food columnist Lucas Kwan Peterson breaks down his "official" — and very biased — rating system that led him to rate 12 kinds of Girl Scout cookies.
First batch of Johnson & Johnson vaccines come with uplifting messages - CBS NewsCBS News
The first shipment of the vaccine read, "1st J&J pack out — get healthy."
Covid-19 vaccine rollout by India has 'rescued the world' from pandemic, says top US scientist - Times of IndiaThe Times of India
US News: HOUSTON: The rollout of the Covid-19 vaccines by India in collaboration with leading global institutions has "rescued the world" from the deadly coron.
Austria suspends AstraZeneca COVID-19 vaccine batch after death - ReutersReuters
Austrian authorities have suspended inoculations with a batch of AstraZeneca's COVID-19 vaccine as a precaution while investigating the death of one person and the illness of another after the shots, a health agency said on Sunday.
Having Trouble Getting the Covid Vaccine? Your Company Might Soon Offer It. - The Wall Street JournalThe Wall Street Journal
Drugmakers, food companies and airlines join the race for scarce doses, offering Covid-19 inoculations at work
Baltimore’s strip clubs reopen as COVID pandemic perils lurk - Baltimore SunBaltimore Sun
Baltimore’s strip clubs were allowed to open Friday for the first time in nearly three months. The scene was set in motion by a lawsuit filed one week earlier by attorneys for The Penthouse Club.
China Feb exports post record surge from COVID-19-depressed 2020 levels - Fox BusinessFox Business
Exports in dollar terms skyrocketed 154.9% in February compared with a year earlier, while imports gained 17.3%
China at least 30 years away from becoming manufacturing 'great power': former minister - ReutersReuters
China is at least 30 years away from becoming a manufacturing nation of "great power", a former industry minister said on Sunday, despite boasting the world's most complete industrial supply chains.
California and Texas brace for spring breakers as Florida beaches fill up - New York PostNew York Post
Texas and California have urged spring break travelers to reconsider plans amid fears of surging COVID-19 cases after pictures and video of college stud…
Gas prices in SoCal climb to highest amount since 2019 - KTLA Los AngelesKTLA Los Angeles
People who have gone to pump gas in Southern California recently may have noticed a bump in prices. The average price of a gallon of self-serve regular gasoline in Los Angeles County rose Saturday for the 25th consecutive day, increasing 1.4 cents to $3.79 — …
Records show dozens of power plants repeated 2011 failures - KTRK-TVKTRK-TV
Nearly three dozen power facilities that failed in the 2011 winter storm failed again in 2021, according to an analysis by ABC13.
The Average Social Security Check the Year You Were Born - Yahoo FinanceYahoo Entertainment
The truth is, the Social Security checks your great grandparents might have been receiving in the 1950s were much smaller.
Utah sees lowest number of people with COVID-19 in ICU since early October - Salt Lake TribuneSalt Lake Tribune
Utah's latest coronavirus data released from the state Department of Health.
Adaptive Biotechnologies wins FDA EUA for COVID-19 test - Seeking AlphaSeeking Alpha
The FDA late Friday granted Emergency Use Authorization to Adaptive Biotechnologies for its T-Detect COVID test that determines recent or prior COVID-19 infection.
Florida’s COVID-19 positivity rate drops below 5% as state reports 4,600 new cases - WKMG News 6 & ClickOrlandoWKMG News 6 & ClickOrlando
Mass vaccination efforts continue throughout Central Florida, with both federally and state-operated sites offering doses to thousands of Floridians daily.
Chamath Palihapitiya reportedly confidentially filed for 7 more SPACs - Business InsiderBusiness Insider
Chamath Palihapitiya's enthusiasm for SPACs may run even deeper than his Wall Street disciples and social media followers realize.
Mega-retailers are duking it out over their minimum wage - ChronChron.com
This grocery chain says it has been paying its employees $15 an hour since 2019.
Javits Center Now 24/7 Vaccination Site After Shipment Of Johnson & Johnson Shot - GothamistGothamist
The first overnight appointments began Friday.
No crypto ban in India: Finance Minister predicts “very calibrated” stance - CointelegraphCointelegraph
Despite "mixed messages," after a round of negotiations with the Reserve Bank of India, crypto regulations should be more lax than anticipated
The Fed’s hand is being forced by the latest market tantrum - and some on Wall Street think the central b.. - Markets InsiderBusiness Insider
Some economists fear that, without Fed action, Treasury yields will surge higher, prematurely lift borrowing costs, and hinder the US recovery.
U.S. FDA looks to reduce toxic elements in baby food, boost inspections - KSL.comKSL.com
The U.S. Food and Drug Administration said on Friday it will boost sampling of foods for babies and young children and increase inspections after a congressional report found
Chipotle goes glam with new beauty collaboration, with an eye toward Gen Z consumers - Yahoo FinanceYahoo Entertainment
Here's why a Chipotle and e.l.f. beauty collaboration just makes sense.
SITA Responsible For New Airline Data Breach - One Mile at a TimeOne Mile at a Time
Aviation IT company SITA is responsible for the latest major airline data hack. Here's what we know about what happened.
Boeing CEO waived pay but got compensation worth $21 million - Fox BusinessFox Business
Boeing CEO David Calhoun declined a salary and performance bonus for most of last year but still received stock benefits that pushed the estimated value of his compensation to more than $21 million, according to a regulatory filing Friday.
Saudi Arabia Asks India To Use Cheap Oil Bought Last Year To Bring Down Fuel Rates - GoodreturnsGoodreturns.in
International oil prices rose after OPEC+ and its allies ignored Indias plea to ease production control, with Saudi Arabia asking New Delhi to instead use oil it bought at rock bottom rates last year. Brent crude futures, the international benchmark for oil p…