1. Wall Street set to close first half of 2021 with solid gainsTraders on the floor of the New York Stock Exchange, June 25, 2021.Source: NYSEU.S. stock futures were flat Wednesday, one day after the S&P 500 and Nasdaq eked out record high closes, again. The Dow Jones Industrial Average, which gave up a gain…
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Google delayed its plan to scrap a widely used technology to track web-browsing habits amid regulatory scrutiny and concern from privacy advocates and the advertising industry over the search giant’s approach to replacing the tool. On Thursday, the Alphabet Inc. unit said its Chrome internet browser will stop supporting a user-tracking technology called third-party cookies…
Hong Kong (CNN Business)Bitcoin tanked on Monday as China escalated its crackdown on cryptocurrency by further curbing mining activity and telling major payments platforms and lenders that crypto trading won't be tolerated.Bitcoin plunged some 9% over the last day to trade at around $32,700 per coin, a two-week low, according to Coindesk. Prices stabilized a…
(CNN Business)American Airlines is canceling hundreds of flights through at least mid-July as the company strives to maintain service in the midst of massively increasing travel demand while the coronavirus pandemic continues to recede in the United States, according to a spokesperson from the airline."The first few weeks of June have brought unprecedented weather to…
The Regeneron Pharmaceuticals company logo is seen on a building at the company's Westchester campus in Tarrytown, New York, U.S. September 17, 2020. REUTERS/Brendan McDermid/File PhotoTherapy cut deaths by one-fifth in the seronegativeCan be used in combination with other treatmentsFinding bodes well for other antibody treatmentsLONDON, June 16 (Reuters) - A COVID-19 antibody cocktail developed…
Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC.Win McNamee | Getty ImagesBitcoin's price surged Sunday evening stateside after Tesla CEO Elon Musk said the electric vehicle maker could accept bitcoin transactions again in future.As of 11:09 p.m. ET Sunday, Bitcoin surged…
Electronic Arts, the publisher of the Battlefield series and many other popular video game franchises, has been hacked. On multiple underground hacking forums, Motherboard found hackers claiming they had taken more than 780GB of data from the company. According to screenshots seen by the outlet, the trove includes the source code for FIFA 2021 and both…
Britain's Chancellor of the Exchequer Rishi Sunak (center), U.S. Treasury Secretary Janet Yellen (right) attend the first day of the G-7 Finance Ministers Meeting at Lancaster House in London on June 4, 2021.Stefam Rousseau | AFP | Getty ImagesFinance ministers from the Group of Seven (G-7) advanced nations agreed on Saturday to back a minimum…
A taxi passes an AMC theatre amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. REUTERS/Carlo AllegriSome Wall Street traders are betting against another massive rally in AMC Entertainment Holdings Inc (AMC.N) and other "meme" stocks this week through a type of wager in…
CNBC's Jim Cramer on Monday rejected Warren Buffett's assertion that Wall Street's new retail investors stay away from individual stock picking in favor of investing in index funds."I respect Warren Buffett, but I'll always be a Peter Lynch guy," Cramer said on "Mad Money," reacting to the comments from the Berkshire Hathaway chairman and CEO.…