Étiquette : Business

  • Better.com CEO Vishal Garg said $200M wasted on over-hiring

    Better.com CEO Vishal Garg said $200M wasted on over-hiring

    Fresh details have emerged about Better.com CEO Vishal Garg’s infiringfamous of 900 employees on a Zoom call last December — with a leaked video revealing the brash boss told the startup’s remaining workers that he should have done it sooner. Garg gave a dire forecast about the online mortgage lender’s business during the roughly 12-minute […]

  • Baseball team Oakland A’s move to Las Vegas could be blocked

    Baseball team Oakland A’s move to Las Vegas could be blocked

    Nevada Gov. Steve Sisolak is threatening to block the Oakland Athletics from moving to Las Vegas, pushing back against the MLB team’s demands for hundreds of millions of dollars in subsidies for a new stadium, The Post has learned. Major League Baseball Commissioner Rob Manfred recently discussed the A’s move with Sisolak, signaling that the […]

  • Own stocks that are cheap on a price to earnings basis

    Own stocks that are cheap on a price to earnings basis

    CNBC’s Jim Cramer on Friday previewed next week’s roster of earnings and advised investors to stick to companies that are profitable yet affordable for investors to own. « In this environment, you need to own companies that make stuff and do things profitably, but let’s add, also, with stocks that remain cheap on a price to […]

  • 5 things to know before the stock market opens Friday, April 8

    5 things to know before the stock market opens Friday, April 8

    Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures lose steam as 10-year Treasury yield hits a three-year high Traders on the floor of the NYSE, April 7, 2022. Source: NYSE Wall Street was set for a mixed open Friday. US stock futures lost […]

  • Elon Musk says Tesla is aiming to start Optimus production next year

    Elon Musk says Tesla is aiming to start Optimus production next year

    The Tesla Bot is on display at the Tesla Giga Texas manufacturing facility during the « Cyber ​​Rodeo » grand opening party on April 7, 2022 in Austin, Texas. Suzanne Cordeiro | AFP | Getty Images Tesla may start production of a humanoid robot known as Optimus as early as next year, CEO Elon Musk said Thursday. […]

  • Zuck Bucks Could Be Part Of Facebook’s Metaverse Future

    Zuck Bucks Could Be Part Of Facebook’s Metaverse Future

    Photo: Alex Wong (Getty Images) Facebook parent company Meta reportedly has plans to launch a new digital currency for the metaverse. Internally, employees at Meta are calling the unannounced currency “Zuck Bucks.” These new digital dollars won’t likely be connected to any kind of blockchain, but don’t worry; Meta, led by CEO Mark Zuckerberg, has […]

  • Who loses if JetBlue buys Spirit? Comedians

    Who loses if JetBlue buys Spirit?  Comedians

    Travelers check in for a Spirit Airlines flight at Orlando International Airport on the Friday before Memorial Day. Paul Hennessey | light rocket | Getty Images JetBlue’s surprise $3.6 billion cash bid for Spirit is threatening the latter’s plan to merge with Frontier into a discount airline behemoth. It’s also threatening one of comedians’ favorite […]

  • Britain eyes nuclear, wind, fossil fuels in bid for energy security

    Britain eyes nuclear, wind, fossil fuels in bid for energy security

    Alongside a ramp up in nuclear power, the British Energy Security Strategy envisages up to 50 GW of offshore wind and 10 GW of hydrogen – half of which would be so-called green hydrogen – by 2030. Christopher Furlong | Getty Images News | Getty Images The UK government has revealed details of its long […]

  • 5 things to know before the stock market opens Thursday, April 7

    5 things to know before the stock market opens Thursday, April 7

    Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after two days of Fed-driven selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 29, 2022. Brendan McDermid | Reuters US stock futures were relatively […]

  • US experts wrestle with how to update COVID-19 vaccines

    US experts wrestle with how to update COVID-19 vaccines

    WASHINGTON (AP) — More than two years into the COVID-19 pandemic, US health officials are beginning to grapple with how to keep the vaccines updated to best protect Americans from the ever-changing coronavirus. On Wednesday, a panel of vaccinators to the Food and Drug Administration spent hours debating key questions for revamping the shots and […]