Business news 18 Feb, 2021
Walmart shares fall on earnings miss, retailer sees sales growth slowing in coming year - CNBCCNBC
The big-box retailer's fourth-quarter earnings missed Wall Street's expectations, as it tries to turn pandemic gains into sustained momentum.
Bill Gates says J&J and Novavax Covid vaccines still retain 'a lot of capability' against variants - CNBCCNBC
Billionaire Bill Gates said Johnson & Johnson's and Novavax's Covid-19 vaccines will still be essential tools against new, emerging variants of the virus.
Facebook will debunk myths about climate change, stepping further into 'arbiter of truth' role - CNBCCNBC
Facebook announced that it will now debunk common myths about climate change, further leaning into the arbiter of truth role that the company once renounced.
How Redditors Find the Next GameStop Stock - The Wall Street JournalThe Wall Street Journal
On the surface, WallStreetBets looks like a casino, but an analysis of the stocks that take off reveals some common factors that drive the winners
Trading hot stocks like GameStop seems fun until you look beneath the surface - NBC NewsNBC News
The GameStop bubble, and the way trading companies profited, raises a simple question: Is the way the U.S. stock market operates fair to individual investors?
How Do I Get A COVID-19 Vaccine Appointment? : Shots - Health News - NPRNPR
Use NPR's tool to find out where to start when it's your turn to get the COVID-19 vaccine. Plus helpful advice about how to navigate the system.
Warren Buffett’s Top 10 Stock Picks - Yahoo FinanceYahoo Entertainment
In this article, we discussed Warren Buffett’s hedge fund Berkshire Hathaway‘s adjustments in the 13F portfolio and examined its top 10 stock picks. You can ...
Barclays reports 38% slide in net profit for 2020, resumes dividend payouts - CNBCCNBC
Barclays on Thursday reported a full-year profit of £1.53 billion ($2.11 billion) for 2020, down 38% from 2019 but outstripping analyst expectations.
Johnson & Johnson COVID-19 Vaccine Approval Could Be Near But The Company Is Low On Supply - Yahoo FinanceYahoo Entertainment
Johnson & Johnson (NYSE: JNJ) only has a few million doses of its COVID-19 vaccine in its inventory even though regulatory authorization could just be weeks ...
Elon Musk slams Texas power grid operator for being unreliable - New York PostNew York Post
Tesla CEO Elon Musk slammed the Texas electrical grid operator on Wednesday for being unreliable after millions of residents were left without power during a historic winter storm that brought reco…
Tesla $1.5B Bitcoin Purchase Was Facilitated By Soon-To-Go-Public Coinbase: Report - Yahoo FinanceYahoo Entertainment
Cryptocurrency exchange Coinbase facilitated the $1.5 billion purchase of Bitcoin (BTC) by Tesla Inc (NASDAQ: TSLA), the Block reported Wednesday. What...
Credit Suisse swings to fourth-quarter loss, weighed down by provisions for a U.S. legal dispute - CNBCCNBC
Credit Suisse reported Thursday a net loss of 353 million Swiss francs ($392.8 million) for the fourth quarter of 2020 on the back of higher provisions.
SPAC Investors Are Ignoring This Hidden Danger -- and It Could Cost Them a Boatload of Money - Motley FoolMotley Fool
Special purpose acquisition companies are all the rage, but they're not risk-free.
White House ramps up effort to tackle automotive chip shortage - Fox BusinessFox Business
The White House has also tasked U.S. embassies to identify how foreign countries and companies that produce chips can help resolve the global shortage
Thousands of service members saying no to Covid vaccine - NBC NewsNBC News
By the thousands, U.S. service members are refusing or putting off the Covid-19 vaccine as frustrated commanders scramble to find the right pitch that will persuade troops to get the shot.
E-commerce giant Amazon dodged Indian regulations | Amazon top news | English News | Jeff Bezos - WIONGoogle News
Entergy: Rumors of planned power outages around midnight not true - WLBTWLBT
Entergy is, however, asking Mississippians to conserve energy due critical power shortages.
Winter storms freeze San Diego region's vaccine supply - Los Angeles TimesLos Angeles Times
San Diego County predicts a "pause" at vaccination clinics until current situation thaws
Patients receive wrong dosage of COVID-19 vaccine at Massachusetts CVS pharmacy - WCVB BostonWCVB Boston
A CVS customer who received the coronavirus vaccine Monday at the location was contacted by the pharmacy on Wednesday about the incident.
Coronavirus Vaccines Delayed Again in San Diego – This Time Due to Snowy Weather - NBC San DiegoNBC 7 San Diego
While it may not snow much in San Diego County, the snow in other parts of the country is impacting the delivery of vaccines to the region, San Diego County…
Waitress says she was fired from NYC eatery for not getting COVID vaccine - New York PostNew York Post
A New York City waitress says she was fired from a Brooklyn restaurant after choosing not to get the COVID-19 vaccine for fear it might hurt her chances of getting pregnant.
CA DMV halts data transfers with third-party company after security breach - KCRA SacramentoKCRA Sacramento
The California Department of Motor Vehicles announced Wednesday that a third-party company it shares data with has had a security breach. It is unclear if any DMV information was compromised at this time.
Hospitals In Austin Are Running Out Of Water, Forcing Some To Transfer Patients - KUTKUT
St. David’s South Austin Medical Center is sending some patients home and transferring others. Seton hospitals are also having water issues.
Southwest Power Pool declares Level 2 Energy Emergency Alert, calls upon Oklahomans to conserve electricity - KFOR Oklahoma CityKFOR Oklahoma City
The Southwest Power Pool declared a Level 2 Energy Emergency Alert, urging all homes and businesses in Oklahoma and other states within its 14-state region to conserve electricity.
Texas grid slowly recovering, Gov. Abbott says amid Texas power outages - KVUE.comKVUE.com
Many Texans have been without power for multiple days.
Democrats demand answers about USPS delays and question postmaster general's leadership - CNNCNN
Congressional Democrats are calling on Postmaster General Louis DeJoy to protect the country's mail from future delivery delays and raising questions about his leadership, urging President Joe Biden to fill vacancies on the US Postal Service's Board of Govern…
YouTube TV Is Adding 4K Streaming and Offline Viewing - GizmodoGizmodo.com
The add-on will also include unlimited concurrent streams at home.
(2) Some blame Texas' wind turbines for the outages — but wind accounts for just a tenth of the winter power - CNNCNN
Winter weather is continuing to wreak havoc across the US, and millions in Texas are still without power as forecasts predict more snow and ice. Follow here for the latest forecasts and live updates.
Austin 311 phone line overloaded, online access available - KXAN.comKXAN.com
Austin’s 311 phone line, a key contact for reporting problems and seeking city services, is overloaded and not able to accept messages as of 6:30 p.m. Wednesday. But 311 is still open, and its online services are still available.
Pfizer says South African Covid variant may significantly cut vaccine protection - Seeking AlphaSeeking Alpha
Pfizer (PFE) said a new laboratory study suggests that South African variant of coronavirus may reduce antibody protection from the Pfizer/BioNTech (BNTX) vaccine by two-thirds,...
Gas prices to rise as winter storm rages, shutting refineries, stores and delaying shipments. Is $3 fuel coming? - USA TODAYUSA Today
Gas prices are rising due to a winter storm that shut Texas refineries. Severe weather also closed stores, car plants and delayed deliveries.
Portland Police Block People From Taking Discarded Food From Grocery Store Dumpster After Winter Storm - NowThisNowThis
Portland police clashed with a crowd of people trying to recover food that a Fred Meyer grocery store was forced to dispose of amid power outages.
Woman dies in rollover crash on freeway interchange in Salt Lake - KUTV 2NewsKUTV 2News
A woman died from her injuries after the SUV she was driving rolled multiple times near the Interstate 80 on-ramp in Salt Lake City on Wednesday afternoon. Lt. Nick Street with the Utah Highway Patrol tells 2News four people were inside the car when it rolle…
The Baltimore Sun was spared a hedge-fund owner. Now it will try to survive as a nonprofit. - The Washington PostThe Washington Post
Its sister papers will be sold to Alden Global, but Stewart Bainum Jr. plans to buy the 184-year-old newspaper.
Vestas laid off 450 workers, 120 in Pueblo - KRDOKRDO
On Wednesday, Vestas laid off 450 workers from its Colorado manufacturing plants. Including 120 workers from Pueblo
Stock futures dip ahead of initial jobless claims data, Apple and Tesla shares decline - CNBCCNBC
Stock futures were lower early Thursday morning.
Texas Grid Operator Seems to Have No Plan B, Rep. Green Says - Bloomberg Markets and FinanceGoogle News
Pennsylvania Facing Shortage Of Moderna COVID-19 Vaccine Shots After Providers Mistakenly Use 2nd Doses As 1st Doses - CBS PhillyCbslocal.com
The error could mean more than 100,000 people will need appointments rescheduled, state health officials said Wednesday.
Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO - CointelegraphCointelegraph
The Ark Invest CEO said now that the SEC had people who "really understand the space," the probability of it approving a Bitcoin ETF has gone up.
Baidu ADRs 3% higher after Q4 revenue rises - MarketWatchMarketWatch
Baidu Inc. undefined American depositary receipts rose more than 2% in the extended session Wednesday after the China-based internet company reported...
Delayed Second Dose versus Standard Regimen for Covid-19 Vaccination | NEJM - nejm.orgnejm.org
Clinical Decisions from The New England Journal of Medicine — Delayed Second Dose versus Standard Regimen for Covid-19 Vaccination
The CDC Is Warning You Not to Do This Right Before You Get Vaccinated - Yahoo LifestyleYahoo Entertainment
The COVID vaccines that are currently being distributed are incredibly effective at protecting against the virus—95 percent effective, to be precise. But...
MGM Resorts resuming operations at 3 Las Vegas hotels - Fox NewsFox News
The affected properties include the Mandalay Bay, Park MGM and The Mirage.
Kroger to close two more stores after workers get "hazard pay" - CBS NewsCBS News
Largest U.S. supermarket chain says decision was "accelerated" by Seattle mandate of extra pay for grocery workers.
Tractor Supply reaches agreement to acquire Orscheln stores - Salina PostSalina Post
Tractor Supply News release BRENTWOOD, Tenn. — (BUSINESS WIRE) — Tr
McDonald's offers burger created by Michelin star rated chef overseas - Fox NewsFox News
Fast-food really is better overseas.
Oil and gas industry in Texas buckles under strain of Arctic blast - Financial TimesFinancial Times
Frigid temperatures disrupt big pillar of global energy industry, sending crude prices soaring
'Roaring Kitty' Sued for Securities Fraud Over GameStop Rise (3) - Bloomberg LawBloomberglaw.com
Keith Gill, one of the most influential voices that pushed GameStop on the WallStreetBets Reddit forum, was hit with a lawsuit that accused him of misrepresenting himself as an amateur investor and profiting by artificially inflating the price of the stock.
Energy Transfer Buys Enable Midstream: Old Habits Hard To Break - Seeking AlphaSeeking Alpha
Energy Transfer announces it will acquire Enable Midstream in a $7.2B deal, making it a first mover in post coronavirus midstream consolidation.
Here's how you can help Texas winter storm victims - WBAL BaltimoreWBAL TV Baltimore
The need for help is immediate as many struggle to find shelter, food, and warmth in dangerous freezing conditions.
Michigan restaurants seek to tie limits to positivity rate - WOODTV.comWOODTV.com
Michigan restaurants have proposed tying indoor capacity limits to the percentage of COVID-19 tests that come back positive, contending that clear guideposts would help the hospitality industry reopen and navigate the pandemic.
The world's biggest holder of Dogecoin owns 28% of the cryptocurrency - a position now worth $2.1 billion - Business InsiderBusiness Insider
The stake is worth $2.1 billion at current prices, though the person or entity has not been identified.
Fed minutes show willingness to steer past coming jump in inflation - ReutersReuters
Facing a still-scarred economy that may need an extended time to recover fully, Federal Reserve officials last month debated how to lay the groundwork for the public to accept higher inflation, and also the need to "stay vigilant" for signs of stress in buoya…
4 things to know before refinancing your mortgage - Fox BusinessFox Business
Low interest rates mean now is a great time to refinance. Use this checklist when refinancing your mortgage to make sure you get the best rate.
Citibank just got a $500 million lesson in the importance of UI design - Ars TechnicaArs Technica
Citibank was trying to make $7.8M in interest payments. It sent $900M instead.
Claiming Social Security early? Here's how spousal benefits come into play - CNBCCNBC
Spousal benefits are an aspect of Social Security that can be confusing, especially when someone is claiming their own retirement benefits early.
As Bitcoin Price Rockets Higher, CEOs Will See Incredible Pressure to Move Away From Cash - Stansberry ResearchGoogle News
Black franchise owner sues McDonald's, cites persistent bias - NBC NewsNBC News
The Black owner of 14 McDonald’s franchises says the company has shown more favorable treatment to white owners and denied him the opportunity to buy restaurants in more affluent communities, according to a civil rights lawsuit filed Tuesday in federal court …
Pennsylvania Department of Health COVID-19 vaccine briefing - WGAL Susquehanna Valley Pa.WGAL Susquehanna Valley Pa.
Stay in the know with the top stories of the day. Get all the latest Harrisburg, Lancaster and York news, weather and sports from the WGAL News Team.
17. Ford to go all electric in Europe by 2030 - Associated PressAssociated Press
FRANKFURT, Germany (AP) — Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping...
Maersk says it will launch a carbon neutral vessel by 2023, seven years ahead of schedule - CNBCCNBC
The environmental footprint of shipping, a crucial cog in the global economy, is significant.
Google Maps now lets you pay for parking without leaving the app - CNBCCNBC
Google partnered with Passport and ParkMobile on the parking feature, which prompts you to pay after you arrive at your destination.
US retail sales surge 5.3% in January, boosted by $600 stimulus checks - Fox BusinessFox Business
U.S. retail sales soared in January as consumers boosted their spending.
New York attorney general sues Amazon over Covid-19 shortfalls - NBC NewsNBC News
New York Attorney General Letitia James sued Amazon.com Inc on Tuesday over its handling of worker safety issues around the Covid-19 pandemic at two warehouses.
Nestle to sell N.American water brands for $4.3B, focus on premium lines - Fox BusinessFox Business
Perrier, S.Pellegrino and Acqua Panna are not part of the sale agreement
Bitcoin Hits New All-Time High Above $51,000, Squeezing Altcoins - BenzingaBenzinga
Bitcoin (BTC) rally is regaining momentum at press time early Wednesday, with the cryptocurrency hitting a new all-time high of $51,335.23 as per Messari ...