Moderna CEO Stephane Bancel Steven Ferdman | Getty Images Moderna CEO Stephane Bancel has sold $408 million in company stock since the beginning of the pandemic — averaging roughly $3.6 million a week — as the company’s stock soared on the development and rollout of its Covid vaccine, according to CNBC’s analysis of the company’s […]
Chick-fil-A is causing some squawking in southern California, one of multiple locations across the US where the fast-food chain is finding itself to be a victim of its own success. In Santa Barbara, the city is close to dubbing its sole Chick-fil-A a “public nuisance” due to long drive-thru lines that often has cars filled […]
The interior of Lloyd’s of London, the centuries-old insurance market, is pictured in central London on April 27, 2016. Leon Neal | AFP | Getty Images LONDON — Lloyd’s of London, the UK insurance giant, has hit one of its member firms with a record £1.05 million ($1.38 million) fine for misconduct, which included allowing […]
In a bipartisan letter put forward by Republican Minnesota Congressman Tom Emmer, a cohort of Congress members has written to United States Securities and Exchange Commission (SEC) Chairman Gary Gensler to challenge the regulator’s scrutiny of cryptocurrency firms and express concern that an “overburdensome” investigation may be suffocating the crypto industry. They suggest that the […]
Netflix is testing a way to crack down on password sharing. The streaming service has been asking some users of the popular streaming site to verify that they live with the holder of the account. Jenny Kane/AP hide caption toggle caption Jenny Kane/AP Netflix is testing a way to crack down on password sharing. The […]
A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying various countries’ stock indexes including Russian Trading System (RTS) Index which is empty, outside a brokerage in Tokyo, Japan, March 10, 2022. REUTERS/Kim Kyung-Hoon Register now for FREE unlimited access to Reuters.com Register LONDON/TOKYO, March 17 (Reuters) […]
Owners of Bored Ape Yacht Club (BAYC) NFTs — including celeb holders like Eminem, Steph Curry, Jimmy Fallon and Mark Cuban — are set to receive a brand new token called ApeCoin (APE) as yet another incentive for being part of the exclusive digital asset club. The developer of the new token is the ApeCoin […]
SINGAPORE — Shares in Asia-Pacific rose in Thursday trade as the Chinese markets continue to extend gains from a rebound, while the US Federal Reserve announced its first rate hike in more than three years. Hong Kong’s Hang Seng index led gains among the region’s major markets, surging 7.04% to close at 21,501.23 and erasing […]
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – The gold market remains under selling pressure but has pushed off its session lows as the Federal Reserve […]
About 60 Amazon warehouse workers staged a walkout on Wednesday in protest of low pay and unfair working conditions, demanding a $3 raise and 20-minute work breaks. The walkout, reported by an NBC affiliate, spanned three separate warehouses in Queens, New York and Upper Marlboro, Maryland. Ellie Pfeffer, one of the demonstration organizers, told the […]
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