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    In this article USB PG UNH STT MS SOFI Pampers Diapers, which are manufactured by Procter & Gamble, are displayed in an Associated Supermarket in New York.Ramin Talai | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading. SoFi – Shares of the mobile financial services company surged more than 16% after the company won long-sought regulatory approval to become a bank holding company. SoFi will acquire California community lender Golden Pacific Bancorp, a deal announced last year, and operate its bank subsidiary as SoFi bank. UnitedHealth Group – UnitedHealth shares rose 1.4% after the health insurer's fourth-quarter report beat earnings expectations. The company reported an adjusted profit of $4.48 per share, 17 cents above the Refinitiv consensus estimate. UnitedHealth's revenue also topped forecasts. Morgan Stanley — The bank stock climbed about 2.1% after the firm posted better-than-expected fourth-quarter profits on strong equities trading revenue. Unlike its rivals, which disclosed soaring compensation costs for Wall Street personnel in the quarter, Morgan Stanley kept a lid on expenses. Procter & Gamble – Shares of the consumer goods company rose about...
    The Better.com CEO who famously fired 900 employers over a Zoom call will resume his 'full-time duties' after taking 'time off to reflect on his leadership.'  Vishal Garg, 43, will be returning as the CEO of Better.com after leaving in December.  In a letter sent to employees on Tuesday, the CEO announced that he would be returning after time spent considering 'the leader I wanted to be.'  'I understand how hard these past few weeks have been. I am deeply sorry for the angst, distraction and embarrassment my actions have caused,' he wrote in the email. 'I've spent a lot of time thinking about where we are as a company and the type of leadership Better needs...and the leader I want to be.'  It is unclear when he will start his 'full-time duties' again, and what he has done during his time away to change his leadership style. But the company is planning to hire new executives. Better.com's controversial CEO Vishal Garg, 43, will be returning to work after taking time off to figure out the type of leader he wanted...
    One of the selling points for several proposed copper and nickel mines in Minnesota has been that the metal can help power green technology like solar panels, electric vehicles and windmills. But that possibility has always been somewhat hypothetical, or at least hard to quantify for the controversial projects.  PolyMet Mining says metal from its proposed mine near Hoyt Lakes would be a commodity sold on a world market. But while there is high demand for things like EV batteries, there is no guarantee how much, if any, of the product would be used for domestic green technology. Another proposed mine, Twin Metals Minnesota, said in August it was looking into the possibility of supplying an electric vehicle battery manufacturer with its project near Ely. The company also hopes to keep sales generally to the U.S. and allied countries. Yet Twin metals can’t ensure either thing will happen. Article continues after advertisement “We haven’t signed any contracts; we’re obviously very early in the process about where our concentrate and our metals would go,” said Julie Padilla, chief regulatory officer at...
    This update comes with version number G781BXXS4DVA2 on the Samsung Galaxy S20 FE 5G and includes the January 2022 security patch. Samsung Has been, in the last two years, One of the fastest upgrading manufacturers of its terminals For each new version Android, As an example These 26 mobile phones have already received the update to Android 12 from the Korean company. In this sense, it should be noted that the Korean company is one of them Updates your devices faster with the latest Android Security Patch A good example of this is Samsung’s affordable high-end smartphone for 2020 Got the first big update of the year. Samsung Galaxy S20 FE 5G gets January 2022 security patch Samsung Galaxy S20 FE 5G has been updated with the latest security connectivity As the comrades of the special media SamMobile tell us Korean company Released the first major update Of Samsung Galaxy S20 FE 5G France, Greece, Italy, Luxembourg, Poland, Slovenia, Switzerland, Czech Republic, Nordic countries and Baltic region. One of Samsung’s best mid-range upgrades begins with the One UI 4...
    New York (CNN Business)The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work. Vishal Garg is returning to his "full-time duties" as CEO, according to a letter sent to employees Tuesday from the company's board of directors. The letter noted that Garg used a leave of absence to "reflect on his leadership, reconnect with the values that make Better great and work closely with an executive coach."Vishal Garg is coming back to work.The online mortgage company's letter to employees, which was obtained by CNN Business, also said an outside law firm reviewed Better's workplace culture and is implementing changes, including adding more managers and a chief human resources officer. In December 2021, Garg held a video call in which he laid off 9% of Better's workforce. "If you're on this call, you are part of the unlucky group that is being laid off," Garg said. "Your employment here is terminated, effective immediately."The CEO had promised a follow-up email from HR — but one affected employee told CNN Business he immediately...
    SpaceX marked a milestone in its ambitious internet constellation project by firing its 2,000th Starlink satellite into space.  Elon Musk's firm launched another 49 Starlink satellites on a Falcon 9 rocket from Kennedy Space Center, Florida at 21:02 ET Tuesday (02:02 GMT Wednesday).  Deployment of the Starlink satellites, which are each about the size of a table, was confirmed by SpaceX on Twitter about one hour and 20 minutes after lift-off.  A total of 2,042 Starlink satellites have been launched since the first couple in February 2018, although many have failed or been decommissioned in space.  In this image taken with a slow shutter speed, a SpaceX Falcon 9 rocket from Launch Pad 39A at Kennedy Space Center, arcs across the night sky in this view Viera, Florida, January 18, 2022 RECENT STARLINK LAUNCHES January 18, 2022: 49 satellites January 6, 2022: 49 satellites  December 18, 2021: 52 satellites  December 2, 2021: 48 satellites  November 13, 2021: 53 satellites  September 14, 2021: 51 satellites  Starlink is a constellation of satellites that aims to provide internet access to most of the Earth, particularly underserved rural...
    In this article 6758.T-JP ADS BAC UNH MS PG VIDEO1:2701:27News Update – Pre-MarketsNews BriefingCheck out the companies making headlines before the bell: Bank of America (BAC) – Bank of America shares rallied 3.2% in the premarket after it beat estimates by 6 cents with a quarterly profit of 82 cents per share. Revenue was slightly below forecasts, but the bank's overall performance was helped by strength in investment banking. UnitedHealth Group (UNH) – UnitedHealth earned an adjusted $4.48 per share for the fourth quarter, 17 cents above estimates, and the health insurer's revenue also topped forecasts. UnitedHealth saw particular strength from its Optum unit's drug benefits management business. Morgan Stanley (MS) – Morgan Stanley jumped 3.5% in the premarket after beating estimates by 10 cents with a quarterly profit of $2.01 per share, and revenue essentially in line with forecasts. Results got a boost from robust deal advisory fees on a very active quarter for merger and acquisition deals. Procter & Gamble (PG) – P&G added 1% in the premarket after beating estimates on the top and bottom lines...
    A study by an American company, with unusual statistics, shows how teleworking has greatly complicated the professional environment. 1,700 users in more than 200 countries around the world: US company Zoom has released a large-scale survey that provides an overview of the various habits, trends and behaviors identified on its platform. This particularly shows that the emergence of this new communication system during the first wave of imprisonment, to the extent that its users have set it up, has greatly disrupted working methods. “Created new codes in their professional and personal lives”, Comment on the company. Read moreFive rituals to make the best (repeat) delivery Less and less formal work environment A toddler, a pet, a roommate … It often happens to see the zoom conference running smoothly out of annoyance of one of these protagonists: Whatever the poll, 43% of parents show it. I have already seen their baby appear on screen during the conference. Pets are also invited to the party, with 36% of users agreeing that their animal is already attached in the middle of the invitation....
    In his annual letter to business leaders, the boss of the world’s largest asset manager made it clear: “We focus on sustainability not because we are environmentalists, but because we are employers.” “Capitalism is not about politics.” His Annual letter to business leaders, The boss of BlackRock, the world’s largest asset manager, explains why the green economy is exploding. Government pressure, climate emergency? “We focus on sustainability not because we are environmentalists, but because we are employers,” said Larry Fink. And Hammer: “This is not a social or ideological project. This is not voodoo, this is capitalism.” A way for the financier to clarify things when his company is undergoing a major green change. According to many charities, including the highly influential Sierra Club, there are not enough good intentions. “While we welcome the clear progress BlackRock has made in its directorial strategy and transparency, it has not yet moved fast enough to make a real impact on the worsening climate crisis,” he explained. His campaign manager was Ben Cushing last year. There are assets worth Rs 10 lakh crore...
    Prince Harry and Meghan Markle are setting up a complex network of companies all based in the opaque tax haven state of Delaware – despite living and doing business in California. Meghan's longtime lawyer and business manager have incorporated 11 companies and a trust for the couple since April 2020, state filings reveal, including a firm apparently set up for Harry's multi-million-dollar memoir book deal. Names for the companies include an intriguing Japanese term for deal making, a reference to Meghan's freckles in Spanish, a South American river, and a possible allusion to a $44,000 'babymoon' getaway the couple took in 2019. The companies are all headquartered in the Beverly Hills offices of attorney Richard Genow, who has worked with the Duchess for years. Also appearing on company filings for all 11 firms is her business manager Andrew Meyer, a well-connected money guru whose clients have included Jon Chu, Anna Kendrick, Adam Driver, Kathryn Hahn, Yahya Abdul-Mateen II and Ellen Pompeo. DailyMail.com can reveal Prince Harry and Meghan Markle are setting up a complex network of companies based in the...
    ExxonMobile on Tuesday pledged to hit net-zero carbon emissions by 2050, with the hopes of catching up with its rivals like Shell and BP that have already made the commitment. The American oil and gas corporation estimated it released about 762 million tons of greenhouse gasses in 2020 - 650 million was from consumption and 112 million tons from operations. However, Tuesday's announcement only focuses on cutting the 112 million tons, which is just 15 percent of Exxon's total emissions. 'This announcement is not significant, but it is long overdue,' Paasha Mahdavi, assistant professor at the University of California, Santa Barbara, told DailyMail.com in a phone interview.  'Exxon can hit this [112-million-ton] target just by cleaning up its operations such as making sure pipes are not leaking methane, which they should have been doing this entire time. 'It is still a far cry from what we need to hit climate goals.'  Scroll down for video  ExxonMobile on Tuesday pledged to hit net-zero carbon emissions by 2050, with the hopes of catching up with its rivals like Shell and BP that have...
    A Peloton office sign is seen near a person riding a bicycle as the city moves into Phase 3 of re-opening following restrictions imposed to curb the coronavirus pandemic on July 16, 2020 in New York City.Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Activision Blizzard — The video game giant saw its shares soar by about 27% after it announced Microsoft will buy it in a $68.7 billion all-cash deal, Microsoft's largest acquisition to date. Activision CEO Bobby Kotick, who has faced calls to resign over cultural problems within the company, will remain CEO during the transition. Gaming companies Electronic Arts and Take-Two Interactive also rose about 6% and 5%, respectively, and were among the top gainers in the S&P 500. Microsoft shares fell more than 1%. Goldman Sachs — Shares of the investment bank dropped 8% following disappointing quarterly results, dragging down the major averages. Goldman posted fourth-quarter profit below analysts' expectations as the bank's operating expenses surged 23% on higher pay for Wall Street workers and increased litigation reserves. Other large banks fell...
    Penzeys Spices CEO sparked outrage after he renamed Martin Luther King Jr. Day, Republicans are Racist Weekend, in a promotional newsletter for customers.   Bill Penzey Jr., 58, sent out the letter on Friday which promised to 'Cheese Off Racists for Free!' as part of a spices promotion that includes ten Black Lives Matter stickers, because they have 'earned our respect!' The Republicans are Racist letter has infuriated customers on both sides of the aisle who criticized Penzey for his outrageous claims and say they now plan to boycott the company.  'I'm a Democrat and liberal and all that and I know not all Republicans are racist. I think this is going a bit too far with the generalizations,' one customer wrote on the Penzeys website. Another said: 'I am a Democrat. But, I find this bad business.'  Republican Wisconsin State Senator Julian Bradley slammed the company, telling FOX 6 News, 'Penzey's has been grifting off terrible political takes and low name-calling for a decade, so the reporters will give them free media. These lies are news?'  The CEO has previously called Republicans the 'number...
    New York (CNN Business)Kohl's can't catch a break from Wall Street.For the second time in as many months and third time in a year, an activist investor is putting pressure on the department store chain to make changes or sell the company.Activist hedge fund Macellum Advisors, which owns about 5% of Kohl's (KSS) stock, said in a letter Tuesday that Kohl's board of directors and leadership team spent last year "materially mismanaging the business and failing to implement necessary" improvements.Macellum said it planned to nominate a slate of new board members unless Kohl's decides to work with the firm. If Kohl's board won't make changes, the company should explore a sale, the activists said. Sick to my stomach: Dollar Tree fanatics protest new $1.25 pricesShares of Kohl's rose around 6% early Tuesday on the news.Read MoreKohl's did not immediately respond to a request for comment. This is not the first time Macellum has targeted the department store company. Last year, the fund joined with a group of activists to push Kohl's to pursue a new strategy and revamp its board....
    In this article XOMDarren Woods, CEO, ExxonMobilMichael Newberg | CNBCOil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Woods said the ultimate trend for prices will be lower. In the immediate future, however, the oil executive said the market should expect volatile prices as the industry's recovery from Covid-19 continues. "As you get supply and demand tighter, events that happen around the world ... lead to a lot more volatility because there's less of a buffer, and I think we're going to see that for some time now," he said Tuesday on CNBC's "Squawk Box." "Until industry begins to ramp up productions and increase the level of supply to meet this growing demand, or in turn demand starts to come down a little bit ... you're going to see a lot more volatility until we get better stability." Woods added that it's hard to predict when the market might balance out given the many players involved. West Texas Intermediate crude futures, the U.S. oil benchmark,...
    In this article CSG.N-CH BABA ME CTXS GS GPS VIDEO1:3001:30News Update – Pre-MarketsNews BriefingCheck out the companies making headlines before the bell: Alibaba (BABA) – Alibaba fell 3.8% in the premarket after a Reuters report said the Biden administration was reviewing the China-based company's cloud unit to see if it poses a risk to US national security. The probe is said to focus on how the e-commerce giant stores the data of US clients. Citrix Systems (CTXS) – Citrix jumped 2.8% in premarket trading following a Bloomberg report saying Elliott Investment Management and Vista Equity Partners were in advanced talks to buy the software company. 23andMe (ME) – The genetic testing company's shares initially rallied 6% in the premarket after announcing that drug maker GlaxoSmithKline had exercised its option to extend a partnership with 23andMe. The company will receive a one-time $50 million payment as part of that agreement. The stock subsequently lost its gains and fell 1.4%. Goldman Sachs (GS) – Goldman Sachs fell 2.2% in the premarket after reporting a mixed fourth quarter. Goldman earned $10.81 per...
    (CNN)The parents of Austin McEwen, one of the six victims killed after a tornado pummeled an Amazon warehouse in Edwardsville, Illinois, last month, said Monday during a press conference that they are suing Amazon over the alleged wrongful death of their son. McEwen's parents allege that the e-commerce giant, as well as a construction company and real estate developer associated with the facility that experienced significant structural damage after it was struck by an EF-3 tornado on December 10, 2021, failed to exercise reasonable care to protect workers like their son from sustaining injuries or death. Six people killed in Illinois Amazon warehouse collapse after tornadoMcEwen, 26, who worked as an independent contractor making deliveries for Amazon (AMZN), sought shelter in a bathroom at the facility, according to a copy of the lawsuit provided by Clifford Law Offices, which is representing the McEwens. During the press conference, held over Zoom, Alice McEwen, Austin's mother and the administrator of his estate, said Amazon opted not to evacuate workers from the facility in a timely manner as it sought to keep them...
    A leather jacket worn by Queer Eye star Antoni Porowski is at the center of a copyright infringement lawsuit after Lego created a toy version of the TV personality wearing a similar leather jacket. In a past season of the hit Netflix series, Porowski wore a leather jacket by designer James Concannon. The design features artwork on the front, including a peace sign and a skull, as well as the words 'thyme is on my sign' written in graffiti style on the back.  Last fall, Lego released a Queer Eye toy set featuring miniature versions of the show's five stars, and one of the available outfits was a leather jacket with its own graffiti style artwork.  In a lawsuit filed in Connecticut in December, Concannon says that Lego 'painstakingly copied not only the individual creative elements of the jacket, but the unique placement, coordination, and arrangement of the individual artistic elements, as well.' A leather jacket worn by Queer Eye star Antoni Porowski is at the center of a copyright infringement lawsuit In October, Lego released a Queer Eye set including a outfit...
    According to a recent survey, most small business owners are aware that using social media in the workplace threatens their cyber security. REUTERS DESCRIPTION International developer of antivirus software – ESET experts say what rules should be followed when using social networking sites in the workplace to avoid leaking corporate data. “For many, posting their daily activities on social media has become an integral part of their daily lives, including posts about their work. This poses a variety of risks that can affect you and your employer. They realize that their use of social media threatens their cyber security. To minimize potential risks, ESET experts advise users to be aware of the policies of the company they work for, carefully access various programs, and not to publish too much work information before accessing social networks from work tools. Company policy At ESET, employees often refer to the company they work for to promote their brand or their own profile, however, this can often do more harm than good, and sometimes violate some of the company’s internal rules. “Before posting information...
    London (CNN Business)Unilever (UL) is willing to pay big money for the company that makes products like Advil, Tums and Aquafresh toothpaste as it tries to revive its sluggish stock and ramp up its focus on health products.GlaxoSmithKline (GLAXF) said over the weekend that it had received three "unsolicited" proposals from Unilever to acquire its consumer healthcare business, which it runs as a joint venture with Pfizer (PFE). The latest had a price tag of £50 billion ($68 billion).GSK has rejected the offers, which it said were too low. It's planning to spin off the division later this year, under pressure from shareholders including hedge fund Elliott Investment Management.Unilever confirmed that it had approached GSK about a potential takeover. It said the consumer business "is a leader in the attractive consumer health space and would be a strong strategic fit as Unilever continues to reshape its portfolio."Shares of Unilever fell 7% in London on Monday, while GSK's stock traded almost 4% higher. Read MoreUnilever could still sweeten its bid. The company said Monday that it's pursuing a strategic overhaul that...
    Former President Donald Trump and his family company have a long history of stiffing contractors, but there’s one bill they almost certainly wish they had paid. Ahead of the 2017 presidential inauguration, the Trump Organization reserved a block of rooms at the Loews Madison Hotel. When at least 13 people didn’t show up, the Trump Organization refused to pay the bill, something it has done many times in the past. The company then dodged a credit collection agency and eventually squirmed out of it by pushing the $49,358 bill off to the nonprofit presidential inaugural committee, the PIC. That dodged payment is now the crux of the attorney general for the District of Columbia’s latest effort to put the Trump Organization back in its crosshairs in an ongoing investigation into how the Trump kids used the Presidential Inauguration Committee to throw lavish parties of their own. “It was their friends. It should never have been sent to the PIC. That’s misuse of funding. The Trump Organization being involved in any way and getting the PIC to pay any sort of...
    Alfredo recalled, "We’re buying 40-pound bags of flour, bringing them into our apartment, thinking, ‘Oh my gosh, I don’t know what’s gonna happen.” Divitto admitted she was "so scared at the very beginning," but the new venture made her feel "amazing and confident. I never, ever felt that way in my entire life." The mother-daughter duo quickly rented a commercial kitchen and started the business for less than $20,000, so they could fulfill the fledgling company's first order. Alfredo revealed that Collettey’s Cookies has never received outside funding despite trying. "That was our biggest challenge, people questioning [Divitto’s] abilities and the potential success of the company with her as the CEO and COO," Alfredo said. In the first three months of business, Divitto sold 4,000 cookies. Since launching in December 2016, Collettey's Cookies have made $1.2 million in lifetime revenue, according to CNBC. Collettey's Cookies are available online, at 7-Eleven convenience stores, and at the TD Garden sports arena in Boston, Massachusetts. Collettey's Cookies has garnered national headlines, and grown a following on social media with...
    NewsGuard, a four-year-old startup that scans the web and rates the reliability of news sources, says its own business is reliable enough to turn a profit. The company more than doubled its revenue in 2021 versus the year before, thanks to licensing deals with advertisers and other firms that use its ratings. NewsGuard is now expanding into new areas, such as rating individual television shows, and new markets, including Canada, co-CEOs Steven Brill and Gordon Crovitz said in a joint interview. “To the degree that we can empower people with more information about which sources are trustworthy and to the degree that we can help advertisers stop subsidizing misinformation on the internet, we think we can make a real contribution to the news environment and to increasing trust in sources that deserve trust,” Crovitz said. CNN Business reviewed the company’s profit and loss statements and Brill and Crovitz’s end of the year report to the NewsGuard board. The documents show that NewsGuard “began to break into the black in 2021,” as the pair wrote, and is on a sustainable footing...
    In this article WMTA shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021.David Paul Morris | Bloomberg | Getty ImagesWalmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. The big-box retailer filed several new trademarks late last month that indicate its intent to make and sell virtual goods, including electronics, home decorations, toys, sporting goods and personal care products. In a separate filing, the company said it would offer users a virtual currency, as well as NFTs. According to the U.S. Patent and Trademark Office, Walmart filed the applications on Dec. 30. In total, seven separate applications have been submitted. A spokesperson from Walmart didn't immediately respond to CNBC's request for comment. "They're super intense," said Josh Gerben, a trademark attorney. "There's a lot of language in these, which shows that there's a lot of planning going on behind the scenes about how they're going to address cryptocurrency, how they're going to address the metaverse and the virtual world...
    In this article ZS MSFT CSCO DKS TTWO Ed Stack, CEO of Dick's Sporting Goods.David Orrell | CNBCAs the world heads toward another year of the pandemic, investors must adapt to changing macroeconomic forces and trends. Rising inflation, the Federal Reserve's move to dial back its monetary support, and a workforce that's been disrupted by the current spike in coronavirus cases are all affecting daily price action for stocks. TipRanks, a financial data aggregation website, gives investors the data they need to navigate the market. Wall Street analysts are highlighting these five stocks, which they believe have staying power.Take-Two Interactive  Take-Two Interactive Software (TTWO) announced on Jan. 10 that it would buy FarmVille creator Zynga for $12.7 billion. The news shook up shares of both companies, with Zynga ending the day up 40% and Take-Two slumping more than 13%. Investors appear split on the deal, but one of Wall Street's top analysts has reiterated his bullish stance. (See Take-Two Interactive Earnings Data on TipRanks)  The analyst is Andrew Uerkwitz of Jefferies, who attributed the sell-off to miscalculations on the appropriateness...
    – Flowersandtraveling / Shutterstock.com According to U.S. health officials, more than 95% of new cases of Govit-19 in the United States reflect the Omigron variant. Pfizer’s boss, Albert Borla, announced last Monday that a vaccine aimed at this variant would be ready in March. Effective vaccine against omigran The pharmaceutical company boss said last November that his company was already in the process of targeting and vaccinating Omigran. Today, he announces that the vaccine will be available in March. ” I do not know if it will be needed, I do not know how it will be used, but we are ready. The factory has already started production “, He told the US financial channel CNBC. Read more World’s first: Surgeons transplant a pig’s heart into a human patient Data provided by the United Kingdom demonstrate that Pfizer and Moderna vaccines are only 10% effective in preventing symptomatic events of the Omigron variant twenty weeks after the second dose. Mr Bourla explained that his company could develop a vaccine that would be particularly effective against infections because the...
    Google CEO Sundar PichaiGetty Images Google is implementing a new Covid-19 testing policy for its U.S. work sites as it prepares for a continued surge in infections from the Omicron variant in the coming weeks. In an email sent to full-time employees on Thursday and obtained by CNBC, Google's health chief Karen DeSalvo said anyone who comes into contact with a Google office or facility will require a negative molecular test. They should also report their vaccination status and wear surgical-grade masks while at the office, the memo said. "The Omicron variant has become the dominant strain in then U.S. and is highly transmissible," DeSalvo wrote. "There has been a significant rise in infection across the country, and hospitals are overwhelmed with COVID patients — reducing their capacity to provide care to others who need it." Google has been more aggressive of late than its tech peers in enforcing Covid-19 safety measures among workers. Last month, the company told employees that they must comply with vaccine policies or face losing pay and eventually losing their job. That marked a shift...
    A woman whose beloved dog when missing under the care of the pet-sitting app Wag has alleged that she spent a week searching for her pet before the company told her she had died — and then billed her for its services.  Liz Giorgi, the CEO and co-founder of the same-day photo and video studio Soona, chronicled her search for her dog Fran and her interactions with Wag on Twitter while rallying her friends, family, and neighbors in Denver, Colorado, to help find her pet.  On Wednesday, Giorgi tweeted that Fran was dead, though it's unclear if her pet had died in the Wag sitter's care or ran away and then died. She slammed the company while detailing the callous way the heartbreaking news was allegedly delivered.  'This is how the @WagWalking call goes if they lose & kill your dog: "I’m calling to report we have news on your pet. Our local contact has informed us she has not made it. She has passed away. These instances are incredibly rare, but do happen. Do you have any questions?"' she wrote.  ...
    The Athletic co-founders Adam Hansmann and Alex MatherSource: The Athletic In Sept. 2020, The Athletic announced it had reached 1 million subscribers. Co-founder Alex Mather talked about what it would take for him to sell. "We just don't think about exit, and we don't know the upside here," Mather said. "There are very few companies doing what we're doing. The New York Times is the tip of the spear, and they're growing faster than ever. We don't know what our ceiling is. When we feel like we know what our ceiling is, then it's time for Adam and I to have a chat. But we have not come close to having a chat." By March 2021, six months later, The Athletic had begun talks to merge with Axios. Two months later, The New York Times began talks to buy The Athletic. That kicked off a broader sales process, leading to interest from companies including Amazon, Conde Nast, DraftKings and private-equity firm TPG Capital, CNBC has learned. It's unclear exactly why Mather and Hansmann changed their minds so quickly, but the...
    In this article LVS C JPM DPZ SHW Spencer Platt | Getty ImagesCheck out the companies making headlines in midday trading. Casino stocks — Las Vegas Sands and Wynn Resorts saw their shares jump more than 11% and 7%, respectively, after the Macau government said the number of casinos allowed to operate there would remain limited at six. Licenses of the current operators – which include Wynn Macau, Sands China and MGM China – are set to expire this year. Shares of MGM Resorts slipped slightly. JPMorgan Chase — Shares of the major bank fell more than 5%, dragging down the major equity averages. The sell-off came after the firm posted its smallest quarterly earnings beat in nearly two years and the lender's chief financial officer lowered guidance on companywide returns. CFO Jeremy Barnum said on a conference call that management expected "headwinds" of higher expenses and moderating Wall Street revenue. Wells Fargo — The bank stock jumped more than 3% after the company posted quarterly revenue that exceeded analysts' expectations and a significant jump in profit. Results were helped...
    Nancy Pelosi's son was involved in five companies probed by federal agencies – but has never been charged himself, a DailyMail.com investigation reveals. A shocking paper trail shows Paul Pelosi Jr.'s connections to a host of fraudsters, rule-breakers and convicted criminals. His years-long repeated business dealings raise two troubling questions Nancy's son has been unable to answer: why did he get mixed up with such unsavory characters over and over, and how involved was he with the criminal investigations into his fraudster colleagues?  While Paul Pelosi Jr.'s mother once pledged to lead 'the most honest, most open, most ethical Congress in history', her son has a staggering wake of criminal colleagues, fraudulent companies and federal investigations. Nancy Pelosi's son, Paul Pelosi Jr. has connections to a host of fraudsters, rule-breakers and convicted criminals. His mother (pictured with husband Paul Pelosi and her son) once pledged to lead 'the most honest, most open, most ethical Congress in history' A DailyMail.com investigation can reveal that Paul, 52, was involved in five companies probed by federal agencies before, during or after his time...
    In this article FIncoming Ford CEO Jim Farley (left) and Ford Executive Chairman Bill Ford Jr. pose with a 2021 F-150 during an event Sept. 17, 2020 at the company's Michigan plant that produces the pickup.Michael Wayland | CNBCDETROIT – Ford Motor Chair Bill Ford has been slowly amassing more shares, and control, of the automaker his great grandfather founded in 1903. Unlike Elon Musk and other CEOs who've recently cashed out some of their company stock as prices soared, Ford has been doubling down on his namesake company over the last decade. The 64-year-old is the company's biggest individual shareholder with 2.3 million shares of the Ford's common stock. More importantly, he's also the biggest holder of the automaker's Class B shares that carry super-voting powers that have allowed the Ford family to retain control of the company. While the Class B shares account for 2% of Ford's outstanding stock, they control 40% of the voting power. Bill Ford directly owns 16.1 million, or 23%, of the Class B shares, which are only available to family members. That's quadruple...
    VIDEO10:0110:01American Greed: How WeWork Went WildAmerican Greed Not long before Elizabeth Holmes' blood testing start-up Theranos imploded amid revelations that its core technology didn't work as advertised, investors had valued the company at a breathtaking $9 billion. Before Adam Neumann's office-sharing start-up WeWork nearly collapsed in a wave of scandals in 2019, its backers pegged the company's valuation at a whopping $47 billion. How did their investor bases, which included sophisticated venture capital firms, hedge funds and money managers for some of America's most prominent families, get the stories so wrong? "There isn't a lot of investigation into private companies," said Matthew Wansley, an assistant professor at Yeshiva University's Cardozo School of Law in New York, in an interview with CNBC's "American Greed." "And there's not a lot of transparency." Wansley, an expert on venture capital who previously worked as general counsel at a start-up, said there's often a reverse incentive for investors to do too much digging before writing a check. Ask too many tough questions and they risk losing money on their investments or getting shut out of...
    AN INSIDER has revealed why you should always buy Aldi’s own-brand products, and it will save you so much money. TikTok user Amanda Rasmussen previously worked in quality control at a food production company, and shared some of her insider secrets with her followers. 2Amanda Rasmussen revealed why you should always buy Aldi own brand 2She claims the own brand is actually better than branded versions of the food Speaking in the video, she said: “I worked for this one company in quality and food safety for over two years and you guys are wasting your money on name brand. “If you go to the store for example and you see Oreo or Kellogs and you see the store’s off-brand, it’s called private labelling.  “The name brand product is producing the exact same product for the private label which is significantly cheaper but just has a different label.” Continuing she added: “If you guys are familiar with the store Aldi they actually require for their private label brand to have better specs than the name brand. “For example the company...
    Microsoft announced on Thursday it has hired a law firm to review how the company has handled sexual harassment allegations against some of its top executives - including founder Bill Gates. The review will be conducted by Washington, DC-based Arent Fox LLP, which the board of directors selected because it has experience in dealing with sexual harassment allegations and has not conducted much work with the company in the past. 'Our culture remains our number one priority and the entire board appreciates the critical importance of a safe and inclusive environment for all Microsoft employees,' Microsoft Chief Executive Satya Nadella said in a statement. 'We're committed not just to reviewing the report but learning from the assessment so we can continue to improve the experiences of our employees,' she continued. 'I embrace this comprehensive review as an opportunity to continue to get better.' The move to hire an independent firm to review the company's investigations comes after activist shareholders demanded greater disclosure of the company's handling of sexual harassment issues. A resolution seeking greater transparency passed in November with support...
    Senator Josh Hawley (R-MO) has written a letter to Facebook CEO Mark Zuckerberg demanding that he respond to an investigation that claimed that drug dealers are openly selling illegal drugs including opioids on Instagram. Hawley wrote that “It is unconscionable that any company would aid and abet this epidemic of death and despair.” This week Sen. Josh Hawley sent a letter to Facebook CEO Mark Zuckerberg demanding a response from the tech giant CEO to a recent investigation that found that drug dealers are operating openly selling opioids and other drugs on the Facebook-owned Instagram platform. Mark Zuckerberg discusses Instagram (AFP/Getty) Tablets of opioid painkiller Oxycodone  (ERIC BARADAT/AFP/Getty Images) Hawley wrote: The findings of the report are horrifying, especially as our nation confronts a drug overdose epidemic of historic proportions and an alarming deterioration of teenagers’ mental health precipitated by the coronavirus pandemic and misguided mitigation measures to it. According to provisional data from the National Center for Health Statistics released in November, more than 100,000 Americans died from drug overdoses in the 12-month period between May 2020 and April...
    (CNN)"Baby Shark," the inescapable earworm beloved by some children and often feared by their parents, has hit a new milestone -- 10 billion views on YouTube. Not only is it the most-viewed video on the platform, a record it set in November 2020, but it's now the only video on the site to reach 10 billion views, YouTube confirmed to CNN. The kids' song, masterminded by South Korean educational company Pinkfong and performed by Korean-American singer Hope Segoine, debuted in 2016 and was a viral hit in Asia but didn't jam itself into Americans' collective consciousness until 2019. Since then, it's been turned into a Nickelodeon TV show, a cereal, a live show and the rallying cry of the Washington Nationals throughout their World Series-winning season. It even made the Billboard Top 40 at one point and inspired the Jamie Tartt chant on Apple TV+'s "Ted Lasso."YouTube's most-watched video depicts two real children demonstrating the "Baby Shark dance" while the titular animated shark and his family -- including a mustachioed "Grandpa Shark" -- swim serenely and later attempt to hunt...
    In this article DAL KBH F Newly manufactured Ford Motor Co. 2021 F-150 pick-up trucks are seen waiting for missing parts in Dearborn, Michigan, March 29, 2021.Rebecca Cook | ReutersCheck out the companies making headlines in midday trading. Ford — Shares jumped about 4% as the automaker's market cap topped $100 billion for the first time Thursday. The rally comes as the company plans to increase electric vehicle production, including the Mustang Mach-E crossover and an upcoming electric version of its best-selling F-150 pickup. Deutsche Bank also named Ford one of its top 2022 auto stock picks. Delta Air Lines – The airline's stock rose about 3% in midday trading after beating on the top and bottom lines of its quarterly results. Delta earned an adjusted 22 cents per share on revenue of $9.47 billion. Wall Street expected adjusted earnings of 14 cents per share on revenue of $9.21 billion, according to Refinitiv. The company also said it expects to turn a profit in 2022. Boeing – Shares gained 3% after Chinese aviation regulators issued a directive to bring the aircraft maker's 737 Max back...
    DENVER (CBS4) – Thousands of King Soopers employees walked off the job on Wednesday marking the first day of what could be a lengthy strike against the company. King Soopers grocery store worker Lawrence Kelly, left, waves at passing drivers as he joins his fellow union members as they strike across the Denver metro area on Jan. 12, 2022 in Denver. (credit: Michael Ciaglo/Getty Images) “I came in at noon and started striking at about 12:30 p.m.,” one employee told CBS4. “I will stand out here for three months to get our people better wages,” another said. It comes as the United Food and Commercial Workers Local 7, denied what King Soopers Division President Joe Kelley called their best and final offer. “We increased the wages from $148 million to $170 million and that’s one addition to the health and welfare medical plan that we have on the table which is a solid plan and they also have a pension,” he said. Union President Kim Cordova says the company isn’t being transparent and that the offer the company presented to...
    Republic Realms is a metaverse real estate company that splashed out $4.2M on land in The Sandbox, including 100 private islands that have exploded in value. CEO Janine Yorio told CNBC that her company initially sold the islands for $15K each last year. 1Land in The Sandbox is bring snapped up as soon as it goes on sale "Today, they’re selling for about $300,000 each, which is coincidentally the same as the average home price in America," she told the outlet. The company's digital land purchase back in November last year was the largest land acquisition The Sandbox had seen. Republic Realm snapped up 792 parcels in The Sandbox amounting to 3sq miles of in-game land. One 24x24 plot, in a prime location, was bought from Atari, with the realtor co-developing some of the land with the company. Yorio says that neighbours are just as important as location, telling CNBC: "I think it absolutely matters who your neighbour is. That’s kind of true of almost anything, right? "It’s like a club and you want to be around people that...
    (CNN)Stellantis, the company formed last year through the merger of Fiat Chrysler Automobiles and France's PSA Group, has some catching up to do when it comes to comes to electric cars. Chief executive Carlos Tavares said he knows that, of course, but being first isn't everything.Tavares is approaching his one year anniversary leading Stellantis, a company formed on January 16, 2021, through the merger of the two automakers. The sprawling company, officially headquartered in the Netherlands, sells cars, trucks and SUVs under 14 different brands, including Dodge, Fiat, Ram, Jeep, Chrysler, Citroën and Peugeot. Stellantis currently offers 18 different electric models across various brands, almost all in Europe. All were introduced over the past two years, and most are electric versions of gasoline-powered cars, crossovers and vans. The company plans to add eight more electric models in the next year and a half but, for now, offers no fully electric vehicles at all in the US.Tesla sold nearly a million electric vehicles in 2021, and electric offerings from major players like Ford, Volkswagen, General Motors and Mercedes have all hit...
    THE WAIT for Grand Theft Auto 6 has been a long one, but fans should buckle up for a 2024 release. Take Two may have tipped its hand as to the GTA 6 release date when discussing its acquisition of mobile and social game developer Zynga. 1GTA developer Rockstar's parent company has just spent $12.7BN on ZyngaCredit: Rockstar Execs from the parent company of GTA developer Rockstar said they expect to see an an annual growth rate of 14% between now and 2024 (via Axios). "There are only a handful of titles that can... provide management with the confidence to put out such a strong guidance," weighed in an analyst from New York company Jefferies. "We believe there is at least one Rockstar IP set to be released by FY24." This speculation was backed up by analyst Doug Creutz from Cowen. In terms of numbers, that percentage would translate to $9BN in "gaming-related transactions". Creutz says this points to “a likely GTA 6 launch in FY24.” It's worth saying that FY24 ranges from April 1, 2023 through to March 31,...
    A Republican senator wants to know how a multi-million dollar contract for President Biden's plan to send 50 million covid tests to Americans went to a California firm that manufactures a customized vodka bottle that can be programmed to say 'I Love You.' The Pentagon on Tuesday finally announced the first contracts for an administration plan to send out home covid tests that has faced repeated questions about who will make the tests, when they will be delivered, and how Americans will get them.  A top Health and Human Services official has confirmed that the first companies to be awarded a government contract aren't making any new covid tests, and are instead warehousing previously made tests. One such company is Medea Inc. of Pleasanton, California. The firm got into the business of personal protective equipment only at the start of the pandemic. Its first business offering was a vodka bottle equipped with special programmable LED lights and a bluetooth connection.  The bottle is equipped with six pre-programmed messages: 'Happy Birthday, Happy Anniversary, Congratulations, Merry Christmas, Happy New Year, and for year-round...
    In this article VIAC CNBC's Jim Cramer said Wednesday he believes ViacomCBS is an attractive investment right now, citing the media company's dividend payment and improving fundamentals. The stock has jumped in recent weeks, and is up nearly 16% year to date, the "Mad Money" host acknowledged. However, he said, "I think it's the beginning of a move" even higher. "ViacomCBS is certainly cheap for a reason. This has not been an incredibly well-run company. They also had that Archegos disaster," Cramer said. "But there are signs that they've gotten their act together and I think they're paying you to wait for the turn with that 2.75% [dividend yield]. That's why I like the risk-reward here." While Cramer presented a host of reasons for his outlook, he said the most important one has to do with the broad investment environment right now. Wall Street no longer wants high-growth, high-multiple stocks now that the Federal Reserve is preparing to raise interest rates, Cramer said. "Instead we like stocks that are backed by meaningful earnings [and] solid dividends, especially if they're cheap,"...
    (CBS4) – King Soopers President Joe Kelley calls the UFCW Local 7 decision to strike “reckless” and “self-serving.” Thousands of employees represented by the union went on strike at 5 a.m. on Jan. 12 across the Denver metro area. Joe Kelley (credit: CBS) The participating stores are still open, but Kelley says “Local 7 is putting politics before people and preventing us from putting more money into our associates’ pockets.” The company hired temporary workers in an effort to curb any disruptions. As part of the company’s “best and final” offer, it is offering the union $170 million in wage investments over the course of the next three years. King Soopers grocery store workers wave at passing cars as they strike at more than 70 stores across the Denver metro area on Jan. 12, 2022 in Denver. (credit: Michael Ciaglo/Getty Images) That includes wage increases of up to $4.50 an hour and bonuses based on job classification and years of service. King Soopers and Kelley say the offer would also result in no increase to healthcare premiums through 2025. If...
    In this article CROX DASH BIIB A person skateboards past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021.Adam Glanzman | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading Wednesday. Biogen — Shares of Biogen fell more than 9% after Medicare said it would only cover the company's controversial Alzheimer's drug for patients who are willing to enroll in qualifying clinical trials. The company also got a downgrade from Piper Sandler to neutral from overweight. DoorDash — Shares of the food delivery company rose slightly after Evercore raised its rating on the stock to outperform from in line. The firm cited DoorDash's strong growth fundamentals and reasonably impressive profitability. Also on Wednesday, Meta Platforms named DoorDash CEO Tony Xu to its board of directors. Ally Financial — Shares of the digital bank gained 2.8% after the company announced a 20% dividend increase, raising its quarterly payout to 30 cents per share. Ally also authorized a $2 billion share repurchase program. Dish Network — The satellite TV company saw its shares climb 4.3% following a New...
    In this article DASH AJRD DIDI PHIA-NL OCGN BIIB VIDEO1:3501:35News Update – Pre-MarketsNews BriefingCheck out the companies making headlines before the bell: DoorDash (DASH) – The stock added 2.6% in the premarket after Evercore upgraded it to "outperform" from "in line." Evercore said the delivery service has strong fundamentals and the stock is at an attractive valuation. Separately, Meta Platforms (FB) named DoorDash CEO Tony Xu to its board of directors, the first new appointment to the Facebook parent's board in nearly two years. Didi Global (DIDI) – The ride-hailing company's shares rallied 5.9% in premarket trading on reports that it is in talks for a second-quarter Hong Kong IPO as it continues the process of delisting from the New York Stock Exchange. Philips (PHG) – Philips shares tumbled 15.6% in premarket action after predicting a roughly 40% drop in core profit for the fourth quarter. The Dutch health technology company's results are being impacted by component shortages, its ventilator recall and other factors. Ocugen (OCGN) – The biopharmaceutical company's stock jumped 5.5% in premarket trading after a booster...
    This content is sponsored by McKinsey & Company. The pandemic has taken a toll on everyone, especially working women. A recent study conducted by McKinsey & Company and LeanIn.org shows that women are burning out, increasingly more than men. The study, Women in the Workplace, is the largest survey on the state of women across corporate America. The report looks at women’s workplace experiences, how they compare to men, and intersectionality with race, LGBTQ plus, and disabilities. “What we are seeing is that women and men are all burned out,” said Megan McConnell at partner at McKinsey & Company. “Women are more burned out than last year, and they are increasingly more burned out than their male counterparts.” The pandemic has exacerbated trends noted in previous reports showing that women work twice as much as men, at home and in the office. The work is reflected in what McConnell describes as the first, second, and third shifts, where women are working a traditional nine-to-five, carrying the burden of responsibilities in the household, and then logging back on to advance...
              by Ailan Evans   Facebook parent company Meta will require its in-person workers to receive a booster shot in addition to a COVID-19 vaccine, the company announced Monday. By March 28, Meta employees must have received the booster to use the in-person offices of Facebook, WhatsApp and Instagram, The Wall Street Journal reported. Meta is reportedly delaying the reopening of its offices until late March due to the requirement. “We’re focused on making sure our employees continue to have choices about where they work given the current COVID-19 landscape,” Janelle Gale, Meta’s vice president of human resources, said in a statement, CNBC reported. “We understand that the continued uncertainty makes this a difficult time to make decisions about where to work, so we’re giving more time to choose what works best for them.” Employees can elect to work remotely if they receive a deferral from Meta, the WSJ reported. “Boosters provide increased protection,” a Meta spokesman told the WSJ. “Given the evidence of booster effectiveness, we are expanding our vaccination requirement to include boosters.” Other tech giants have pushed back their...