Tag Archives: Bill

By Diane Bartz and Helen Coster WASHINGTON (Reuters) – Lobbyists for Facebook and Google threw their weight against new U.S. legislation that seeks to aid struggling news publishers by allowing them to negotiate collectively against the tech companies over revenue sharing and other deals. U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and… Source link

By Diane Bartz and Helen Coster WASHINGTON (Reuters) – Lobbyists for Facebook and Google threw their weight against new U.S. legislation that seeks to aid struggling news publishers by allowing them to negotiate collectively against the tech companies over revenue sharing and other deals. U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and… Source link

TipRanks Raymond James: These 3 Stocks Are Poised to Surge by at Least 50% In a recent note on the state of the stock markets, Raymond James equity strategist Tavis McCourt points out a series of policy factors that are playing a role in the current market volatility; the situation is more complex, perhaps, than most of us have been willing to admit. McCourt notes permutations of the SLR rule, political dynamics on the Senate Banking Committee, and the regulatory atmosphere towards potential… Source link

TipRanks JPMorgan Bets on These 3 Stocks; Sees Over 50% Upside Potential It’s time to check in with the macro picture, to get an idea of just where markets are headed in the coming months. That’s what a JPMorgan global research team, headed up by Joyce Chang, has been doing. The JPM team starts by noting the sell-off in US Treasury bonds last week, pushing up yields as investors acted in response to inflationary fears. However, the rise in bond yields steadied on Friday, and Chang’s team… Source link

A controversial Arizona bill that addresses the fees technology companies like Apple and Google charge app developers is raising new antitrust challenges for embattled US tech giants. The bill – which passed the Arizona state house last week and now will move to the state’s senate – would require Apple and Google to allow app developers to use their own payment systems, rather than Google’s or Apple’s, to process user purchases within the app. It is one of several bills targeting… Source link

As the United States Senate attempts to pass a $1.9 trillion COVID-19 relief bill, former Auburn football coach and current Alabama Senator Tommy Tuberville had one thing on his mind: anti-trans legislation. Tuberville attempted to add an anti-trans amendment to the COVID-19 relief bill Saturday, but was voted down 49-50. If passed, the amendment would have prohibited funding to educational institutions that allowed trans women to compete in women’s athletics. Washington Senator Patty Murray,… Source link

Bloomberg Asia Hedge Funds Pare Bets on Green Energy After 2020 Surge (Bloomberg) — Asia hedge funds that rode a green investing wave for double-digit returns last year are starting to reduce bets on the sector given the lofty valuations.Apeiron Capital has cut Tesla Inc. to a small position after the electric vehicle maker’s eight-fold surge sparked a 98% return for the $400 million hedge fund in 2020, said founder Yao Wanyi. York Capital Management also trimmed investments in electric… Source link

… Source link

Cristian Cardona, an employee at a McDonald’s, attends a rally for a $15 an hour minimum wage Tuesday, Feb. 16, 2021, in Orlando, Fla. (AP Photo/John Raoux) Elizabeth MacDonough, the Senate parliamentarian, ruled on Thursday that the Senate cannot use the budget reconciliation process to pass a minimum wage increase. The decision is a blow to Democrats who have been pushing to raise the federal minimum wage to $15 an hour in the next coronavirus relief package. Democratic lawmakers are using… Source link

Bloomberg Buffett’s Letter to Break Months of Silence Amid Tumult in U.S. (Bloomberg) — While 2020 raged, Warren Buffett mostly held his tongue.He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance for stocks that’s gripped millions of Americans. Not to mention a global pandemic. Now, the billionaire chief executive officer of Berkshire Hathaway Inc. has a chance to break his silence with the release of his annual… Source link