ACT’s CEO is not worried about the supposed demise of standardized tests

Many U.S. colleges made standardized testing optional in this year’s admissions cycle — some are even making the moves permanent.  But Janet Godwin, CEO of Iowa City-based ACT, told Yahoo Finance that she isn’t concerned about the test-optional movement. “Four-year colleges use assessment data from ACT and College Board’s SAT for many, many purposes, not just admissions,” Godwin, who has spent 30 years at the company and assumed the CEO role in November 2020, said. “So in the spirit of… Source link

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Google, Facebook, Amazon and more urge SEC to mandate regular climate reports

Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon A group of seven tech companies urged the Securities and Exchange Commission to require businesses to regularly disclose climate-related matters to their shareholders. In a letter to SEC Chairman Gary Gensler on Friday, Google parent Alphabet, Amazon, Autodesk, eBay, Facebook, Intel and Salesforce shared their view in response… Source link

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Stocks drift lower as investors look ahead to Fed decision

Stocks drifted to the downside on Monday in a muted start to the week, as traders awaited a key monetary policy decision from the Federal Reserve.  The S&P 500 ticked down after the index closed at a record high on Friday. The Dow also traded little changed to slightly lower, while the Nasdaq was roughly flat. Treasury yields ticked up, though the benchmark 10-year yield held well below 1.5%.  U.S. stocks are hovering near record levels, powered to fresh highs by a combination of rebounding… Source link

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Downtown San Jose hotel next to Google village nears construction

SAN JOSE — A big Marriott hotel within walking distance of Google’s proposed transit village in downtown San Jose has moved closer to launching construction. Urban Catalyst, the hotel’s developer, has obtained permits to build the project, according to documents filed with San Jose officials. The eight-story hotel, if it’s built, would rise at 495 W. San Carlos St. next to Josefa Street, a short distance from a game-changing neighborhood that Google has proposed near the Diridon… Source link

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Putin defends charges of hacking and suppressing dissent by claiming U.S. does same thing

MOSCOW — Russian President Vladimir Putin denied ordering a hit on political rival Alexei Navalny, but in an exclusive interview with NBC News he did not guarantee that the jailed Kremlin critic, who survived being poisoned with a nerve agent, would get out of prison alive. “Look, such decisions in this country are not made by the president,” Putin said. That was one of several striking moments in Putin’s first interview in three years with a U.S. news organization, days ahead of his meeting… Source link

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Chipotle raises prices and now this analyst sees the stock surging 30%

Prices for burritos are up at Chipotle, and the stock price is likely to soon follow, says one Wall Street analyst. Raymond James analyst Brian Vaccaro upgraded his rating on the restaurant chain to Strong buy from Outperform on Monday. Vaccaro now sees fair value on Chipotle’s stock at $1,800. “We believe recently announced menu price increases (4% in recent weeks, more coming in the fall) create 1) significant upside to second half consensus comp expectations and 2) increased confidence in… Source link

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Google dangles paid upgrade to businesses using Gmail addresses

The logo of Google is seen on a building at La Defense business and financial district in Courbevoie near Paris, France, September 1, 2020. REUTERS/Charles Platiau/File Photo Alphabet Inc’s (GOOGL.O) Google on Monday unveiled an option for small businesses to upgrade their Gmail accounts for greater calendaring, video chat and email newsletter functionalities. Google Workspace Individual, which starts at $7.99 monthly including a temporary $2 discount, adds to the company’s expanding efforts… Source link

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Strategists still don’t think inflation is a problem for stocks: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, June 14, 2021 This is not the 1970s. Readers already know: Inflation is running hot.  But Wall Street strategists still remain largely unbothered by the recent acceleration in prices. And financial markets — at least for the moment — agree.  As Yahoo Finance’s Brian Cheung noted last week, yields on longer-dated U.S. Treasuries fell to… Source link

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Google will let enterprises store their Google Workspace encryption keys – TechCrunch

As ubiquitous as Google Docs has become in the last year alone, a major criticism often overlooked by the countless workplaces who use it is that it isn’t end-to-end encrypted, allowing Google — or any requesting government agency — access to a company’s files. But Google is finally addressing that key complaint with a round of updates that will let customers shield their data by storing their own encryption keys. Google Workspace, the company’s enterprise offering that… Source link

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