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Business | Mon, Jan 25, 2021 | By

Reddit moderator slams Wall Street ‘fat cats’ as GameStop’s wild ride continues — ‘They hate that you played by the rules and still won’

The smug factor is running hot in Reddit’s buzzy WallStreetBets community, where a growing number of NSFW stock-flippers — the subreddit has more than 2 million subscribers — are clearly... Read More

Business | Sat, Jan 23, 2021 | By

Gamers threaten to defect to PlayStation after Xbox Live price hikes

Microsoft said Friday it will jack up the price for its Xbox Live Gold memberships — provoking threats from some gamers to jump ship to rival Playstation. A one-month membership... Read More

Business | Thu, Jan 21, 2021 | By

Yellen says raising minimum wage to $15 an hour would have ‘minimal’ impact on jobs, but Congressional Budget Office disagrees

Raising the minimum wage to $15 an hour from $7.25 would help the U.S. economy more than it would harm it, Janet Yellen, President Joe Biden’s Treasury Secretary nominee, told... Read More

Business | Tue, Jan 19, 2021 | By

The COVID relief law holds good news and bad news for older Americans

This article is reprinted by permission from During a graduate course I taught this fall for Virginia Tech, I presented a basic reality of the legislative process in Washington, D.C.:... Read More

Business | Mon, Jan 18, 2021 | By

Here are 3 lessons from the Carrefour mess for M&A buyers eyeing European preys

Canadian convenience store operator Couche Tard won’t acquire French retail giant Carrefour, as could have been predicted just hours after the two groups announced they had engaged in “friendly” talks:... Read More

Business | Sun, Jan 17, 2021 | By

Fear of new virus variant pushes U.S. toward more genomic sequencing

The United Kingdom’s use of genomic sequencing to identify a more infectious strain of SARS-CoV-2 has largely served as a wake-up call for inadequate use of the technology in the... Read More

Business | Thu, Jan 14, 2021 | By

Biden to call for $1,400 checks, more vaccine funds in Thursday speech

President-elect Joe Biden on Thursday evening will unveil his coronavirus relief plan, a sweeping measure expected to include cash payments to Americans and money for distributing COVID-19 vaccines. Biden plans... Read More

Business | Fri, Jan 1, 2021 | By

Fauci reportedly says U.S. will not extend interval between vaccine doses

CNN reported Friday afternoon that Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, has ruled out an extension of the recommended interval between doses of... Read More

Business | Tue, Dec 29, 2020 | By

McConnell threat to tie bigger stimulus checks to other issues leaves Senate gridlocked

The Senate adjourned Tuesday without taking any action on a House bill to increase the size of the new stimulus payments, as Majority Leader Mitch McConnell’s hint that he would... Read More

Business | Tue, Dec 22, 2020 | By

Bank debt leads corporate bond rally sparked by COVID-19 vaccine rollout

Bank debt has been a hot commodity in the near two weeks since the Food and Drug Administration authorized the first COVID-19 vaccine for emergency use in the U.S. Bonds... Read More

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