Tag Archives: public

Amid plummeting COVID-19 rates, the Biden administration eased its indoor mask recommendations Friday for about 70 percent of Americans, including most schoolchildren — a shift that could hasten the end of mask mandates in the United States. Before Friday, more than 96 percent of U.S. counties were considered areas of “substantial” or “high” transmission, where the Centers for Disease Control and Prevention recommended masking in most indoor settings. Now just 37.3 percent of… Source link

Famed short-seller Carson Block raised the alarm on special purpose acquisition companies (SPAC) at the height of their activity, building his bets while warning retail investors about “a scam” in the market. Now, the CEO of investment research firm Muddy Waters Capital is starting to see the reckoning. Since raising a record $144 billion through 613 blank check IPOs last year, investors have begun to turn on these companies, in the face of poor returns and choppy market conditions. From… Source link

China will not permit ticket sales to any individuals at the Beijing Olympic and Paralympic Games, a move Olympic officials say is designed to prevent COVID-19 spread within the country. The decision, which comes weeks before thousands of international athletes and officials are slated to arrive in China for the Olympics, is a sharp departure from previous plans to allow Chinese citizens into the events. Chinese Olympic officials had decided in September that no international visitors would… Source link

Imagine a world in which  Google is a smaller private company, not the global behemoth Alphabet is today. Surprisingly, it almost happened. Google co-founders Sergey Brin and Larry Page were hesitant to go public because they feared that sharing control of the company with shareholders would force them to do things they didn’t want to do. A chance meeting with Warren Buffett changed their minds. Buffett explained the two-tier stock structure that he used to retain control over Berkshire… Source link

For more business and finance explainers, check out our Yahoo U page. There are many differentiating factors when it comes to companies: big and small, old and new, foreign and domestic. But a major characteristic for any company concerns the nature of its ownership. All companies have shareholders, but the structure and availability of those shares determines whether or not that company is public or private. The difference may seem obvious: public companies trade their shares on a public… Source link

While the circumstances that got us to this point aren’t ideal, it’s surely exciting that we have two more NFL games on Tuesday night. We’ve got two big divisional games on the schedule that can impact the playoff race and seeding in the NFC. The betting market for these two games have been all over the place all week as news of positive tests and postponements came out. Who is the public siding with heading into kickoff? Bettors like the Eagles The Philadelphia Eagles and Washington Football… Source link

(Bloomberg) — Intel Corp. plans to list shares of its Mobileye self-driving car business by the middle of next year, letting the chipmaker capitalize on its investment in a burgeoning industry. Most Read from Bloomberg Intel will remain the majority owner after the transaction, which involves an initial public offering of newly issued Mobileye stock, the company said in a statement Monday. Mobileye’s executive team, led by Amnon Shashua, also will stay on board. News of the move, first… Source link

Digital media company BuzzFeed (BZFD) went public on Monday after a SPAC merger that valued the firm at $1.5 billion, setting it apart from peers like Vox and Vice that remain private. But some employees aren’t celebrating. The milestone comes days after dozens of workers at the outlet’s news division, which won a Pulitzer Prize this year, walked off the job in protest of a move they say enriches executives while the company refuses a union contract that would raise salaries for employees… Source link

Retail theft is soaring across the U.S., with large chains like Best Buy (BBY) and Walgreens (WBA) beset by increasingly brazen and widespread instances of shoplifting that’s hurting their bottom lines. In recent weeks, reports of “smash and grab” robberies in major cities — featuring crowds of thieves making it off with electronics, clothing and footwear, have flooded social media.  Security experts cite a litany of reasons including fallout from the COVID-19 pandemic, overwhelmed law… Source link

You should have experienced an awkward situation when your Yahoo stops receiving an email from everyone. However, the person on the other side claims that he/she has sent you the email not once but multiple times. That sometimes becomes a confusing state for you and the sender as whose email is at fault for Yahoo mail not receiving… Source link