TipRanks Buy These 2 New Stocks Before They Jump Over 80%, Says JPMorgan In the past week, investors have had to cope with multiple conflicting signals from the markets. The April jobs report, which was expected to show almost 1 million new positions for the month, showed only 266,000. The official unemployment number ticked upward slightly to 6.1%, and hourly wages also gained – by 0.7%. That last would seem to be a positive – except that, combined with the massive government stimulus… Source link
Read More »Google Pay adds cross-border payments
Google is enabling cross-border payments within the Google Pay app through integrations with Western Union and U.K.-based remittance firm Wise. In the rollout’s first phase, U.S.-based Google Pay users may initiate transfers from the U.S. to India and Singapore by tapping “Pay” and choosing Western Union or Wise, with other countries to be added soon, the companies announced Tuesday. U.S. Google Pay users will be able to send funds through the app to 200 countries via Western Union and 80… Source link
Read More »Verizon, AOL, Yahoo deal: Executive pay skyrockets as average workers left out (Letters)
Facebook Share Twitter Share In a recent edition of the Republican business section an article appeared concerning the decision by Verizon to divest it’s Yahoo and AOL holdings, “Verizon to see off media brands Yahoo, AOL,” May 4, page A8. The Board of Directors of Verizon approved a $3 million bonus to the current head of Yahoo to assure that he remain in place for six months. Think of the absurdity of that number which works out be about $3 thousand per hour for a 40 hour week during… Source link
Read More »Prepare to pay more for your favorite chicken sandwich
Bloomberg Asia Is Exception as Emerging Markets Start to Look Fragile (Bloomberg) — EXAMPLEDiscover what’s driving the global economy and what it means for policy makers, businesses, investors and you with The New Economy Daily. Sign up here.In the pandemic’s second year, some familiar worries — about inflation, capital flight or public debt — are starting to surface across the developing world. Except in one corner.In Asia, policy makers aren’t too preoccupied with these classic… Source link
Read More »Chiefs pay tribute to Yahoo Sports NFL writer Terez Paylor
The Kansas City Chiefs are honoring the memory of Yahoo Sports NFL writer Terez Paylor on Day 3 of the 2021 NFL draft. Chiefs PR tweeted out a picture of the team’s coaching staff wearing All-Juice Team shirts as a tribute to Paylor. Head coach Andy Reid is among the many Chiefs staff members who appear in the picture. All proceeds from the All-Juice Team shirts will support the Terez A. Paylor scholarship at Howard University. Chiefs CEO Clark Hunt opened up his Zoom call with the media by… Source link
Read More »Google Pay serves up grocery deals for Safeway
Albertsons Cos.’ Safeway chain and Target Corp. stores are helping shoppers find deals on groceries via Google. Mountain View, Calif.-based Google said yesterday it has partnered with Safeway and Target to simplify the task of finding grocery and other specials using the Google Pay app. Customers can find deals on thousands of items at more than 500 Safeway stores as well as at all Target stores nationwide. Related: Albertsons, Google eye… Source link
Read More »Biden proposes tax hikes to pay for $1.8 trillion American Families Plan
President Joe Biden is calling on Congress to raise taxes on the wealthiest Americans in order to pay for programs designed to support families and children — including two years of free community college, paid family leave, efforts to make child care more affordable and universal preschool. Biden will outline the American Families Plan in his first address to a joint session of Congress on Wednesday night. The proposal — the second phase of his plan to overhaul the U.S. economy —… Source link
Read More »Despite Huge Cash Piles, Facebook, Amazon, Google Are Unlikely To Pay Out Dividends Anytime Soon, Say Analysts
Topline Three of the most dominant tech companies in the world — Facebook, Amazon and Google parent Alphabet — have never paid a dividend to shareholders, instead choosing to use their available capital to generate high growth through acquisitions and investing in internal businesses, but may be compelled to once they mature and growth slows. MARCH 25th 2021: Facebook CEO Mark Zuckerberg, Google (Alphabet Inc.) CEO Sundar Pichai and Twitter … [+] CEO Jack Dorsey testify before… Source link
Read More »Google union wins dispute over discussing pay
Google is telling workers they are allowed to discuss pay and working conditions as part of a settlement agreement with the Alphabet Workers Union (AWU), Bloomberg reports. The move settles a labor dispute brought by AWU in February. The initial complaint alleged that managers at Adecco, a Google subcontracting firm, banned workers from talking about wages and bonuses. It also said that Adecco retaliated against contractor Shannon Wait after she posted pro-union messages on Facebook. The… Source link
Read More »Google Promises Not to Muzzle Staff on Pay, Settling Labor Case
Photographer: David Paul Morris/Bloomberg Photographer: David Paul Morris/Bloomberg Google promised not to silence workers who talk about their pay, part of a settlement resolving one of the first legal complaints filed by a new union representing hundreds of employees and contract workers at the internet giant. “WE WILL NOT tell… Source link
Read More »