In this Tuesday, Oct. 5, 2021, photo, shows the exterior of a Google data center in The Dalles, Oregon. Andrew Selsky / AP The Dalles City Council voted Monday to approve tax breaks for Google, which plans to expand its footprint in the Columbia River Gorge. The city and Wasco County negotiated an agreement with the tech giant that will significantly reduce the amount of annual property taxes on up to two new data centers the company hopes to build in The Dalles. The deal would require Google… Source link

(Bloomberg) — The man behind a popular Twitter account that promoted penny stocks was criminally charged for touting securities while simultaneously dumping shares, the latest sign that authorities are setting their sites on the social-media frenzy that’s invaded U.S. equity markets. Most Read from Bloomberg Steven Gallagher, 50, was taken into custody in Ohio Tuesday for running a pump-and-dump scheme that netted him more than $1 million through the Twitter handle, @AlexDelarge6553,… Source link

Yahoo Finance: A&W Discusses How the Worker Shortage Continues To Wreak Havoc on U.S. Restaurants Please enable JavaScript to continue using this application. Source link

Stephen Shankland/CNET Google and IBM… Source link

Bank of America (BAC) CEO Brian Moynihan sees his firm not only as a legacy bank, but as a financial technology company on the cutting edge of digital innovation.  “We’re clearly a technology company,” Moynihan said at Yahoo Finance’s All Markets Summit on Monday. “We spend about $3.5 billion a year on new code implementation. New products and services are driven by technology.”  Digital payments have been a key component of Bank of America’s business, and have comprised a sizable proportion… Source link

Robinhood (HOOD) will report earnings on Tuesday after the closing bell. These are the metrics Wall Street analysts will be expecting for the investing app’s third quarter results, according to consensus estimates compiled by Bloomberg. Investors will be paying attention to commentary around the company’s recently announced crypto wallet. CEO Vlad Tenev recently told CNBC more than 1 million people are on the waiting list since announcing the wallet last month.  Cryptocurrency has becoming… Source link

Home price growth in the U.S. may finally be slowing down. Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.8% annual gain in August, the same from July — remaining at an all-time high. The 20-City Composite posted a 19.7% annual gain, down from 20% a month earlier. The 20-City results were slightly down below analysts’ expectations of a 20% annual gain, according to Bloomberg consensus estimates. “In August 2021, the National… Source link

The Honor 50 is releasing globally with prices starting at €529, the former Huawei sub-brand announced today. The smartphone was originally announced for the Chinese market in June, but today sees the company confirm its global pricing and its early November release date. For €529 (about $615), you get 6GB of RAM and 128GB of storage, and there’s also a €599 (about $695) model with 8GB of RAM and 256GB of storage. Honor says the phone will be available in over 40 countries, but… Source link

The great — which has , holiday — has bottlenecked West Coast ports, and drawn the involvement of the White House to address it. As the disruption reaches a boiling point and adds to rising price pressures, longshoremen, union representatives and truck drivers have pointed fingers over which party is best positioned to alleviate some of the strains. Cargo ships afloat in the Pacific Ocean demonstrate the convergence of strong consumer demand, and a widespread shortage of bodies to meet… Source link

Yandex (NASDAQ:YNDX) had its price objective upped by equities researchers at Citigroup from $82.00 to $90.00 in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage presently has a “buy” rating on the information services provider’s stock. Citigroup’s price target would suggest a potential upside of 16.81% from the company’s current price. Other equities research analysts also recently issued reports about the stock. Zacks Investment Research raised… Source link