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U.S. President Joe Biden speaks during an event in the South Court Auditorium of the White House June 2, 2021 in Washington, DC. Alex Wong | Getty Images The Biden administration plans to confirm Tuesday that it won’t likely hit President Joe Biden’s goal of getting 70% of American adults to receive one vaccine shot
A GameStop store is pictured in New York, January 29, 2021. Carlo AllegriI | Reuters GameStop shares climbed after the videogame retailer said it sold five million additional shares, raising $1.13 billion in capital to accelerate growth. The original Reddit favorite meme stock jumped 9% in premarket trading on Tuesday after the company announced the
Southeast Asia’s start-up scene is heating up. This year alone, two of the region’s biggest names — on-demand platforms Grab and GoTo — announced their plans to go public in what investors see as a major milestone that could spawn further entrepreneurship. And now is the perfect time for new entrepreneurs to get started, according
A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Engine No. 1, the upstart activist firm that put three candidates on Exxon’s board of directors, is launching an exchange-traded fund in a bet that shareholder activism will take center stage in coming years. The Engine
LAS VEGAS, NEVADA – NOVEMBER 15: Carl Nassib of the Las Vegas Raiders flexes while smiling during warmups before a game against the Denver Broncos at Allegiant Stadium. Ethan Miller | Getty Images Sport | Getty Images Carl Nassib, who came out as the first openly gay National Football League player on Monday, has strict
Sales of existing homes dropped for the fourth straight month due to a very low supply of homes on the market. Existing home sales fell 0.9% in May from the previous month to a seasonally adjusted annualized rate of 5.8 million units, according to the National Association of Realtors. That is the fourth straight month
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A woman reacts as she receives the Johnson & Johnson vaccine against the coronavirus disease (COVID-19), as part of a government plan to inoculate Mexican border residents on its shared frontier with the United States, in Tijuana, Mexico June 17, 2021. Jorge Duenes | Reuters Coronavirus vaccine booster shots will likely be needed in the
In this article JPM LB Pedestrians walk past a Bath & Body Works store. Craig Warga | Bloomberg | Getty Images Lingerie retailer Victoria’s Secret is taking out a $500 million loan to finance its split from Bath & Body Works, Bloomberg News reported Monday. The loan is due 2028 and could pay interest that’s
It’s one thing to require unvaccinated travelers to quarantine or undergo extra Covid tests. It’s another to bar them altogether. A small but growing list of travel destinations is either closing its doors to unvaccinated travelers or reopening only to vaccinated ones. Either way, the unvaccinated are seeing their travel options start to dwindle as
Amazon Prime Day is underway. But not every deal is too good to be true. The two-day shopping event, which started early Monday and runs through 3 a.m. ET Wednesday, is offering more 2 million deals — and some are better than others. “That is an incredible number,” said Dave Kender, the editor in chief
Recent discussions of a global minimum tax may lead many to believe that there is just one proposal being discussed for the world. That is not the case. While President Biden has led a renewed effort on global negotiations over minimum taxation, his own proposals for U.S. companies differ significantly from proposals that had previously
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In this article PPC TSN SAFM Igor Golovniov | SOPA Images | LightRocket | Getty Images Sanderson Farms is exploring a sale as chicken prices rise on increased demand, according to a report from the Wall Street Journal. Shares of Sanderson Farms closed at $166.58 on Monday, up 6.96% on the talk of a potential
Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures opened slightly higher on Monday night after the Dow Jones Industrial Average posted its best day since March. Dow Jones Industrial Average futures rose by 40 points, or 0.12%. S&P 500 and Nasdaq 100 futures climbed 0.12% and 0.07%, respectively
The word “taxes” is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Many in Congress want to fix the country’s crumbling roads, bridges and other infrastructure projects. Lawmakers still haven’t agreed on how to pay for it. President Joe Biden has
Representations of the Bitcoin cryptocurrency are seen in this illustration picture taken June 7, 2021. Egdar Su | Reuters MicroStrategy said Monday it owns more than 100,000 bitcoins after completing another purchase round, this time spending roughly $489 million on 13,005 tokens. Shares of the Virginia-based enterprise software company were down more than 6% in
Choreograph | iStock | Getty Images For some Medicare beneficiaries, health-care coverage ends up costing more than it does for most of their peers — and it’s not by choice. While there are costs that individuals often are aware of — i.e., they purchase a supplemental policy or choose a more expensive plan — some