The New York Times As Mask Mandates Lift, Retail Workers Again Feel Vulnerable Marilyn Reece, the lead bakery clerk at a Kroger in Batesville, Mississippi, started noticing more customers walking around the store without masks this month after the state mandate to wear face coverings was repealed. Kroger still requires them, but that doesn’t seem to matter. When Reece, a 56-year-old breast-cancer survivor, sees those shoppers, she prays. “Please, please, don’t let me have to wait on… Source link
Read More »Futures open higher after Dow reaches record high, House passes $1.9T stimulus bill
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
Read More »Roblox Reaches $45 Billion Valuation as Shares Rise in Debut
(Bloomberg) — Digital games company Roblox Corp., transformed into a cultural icon during the coronavirus pandemic, made its public debut Wednesday with its shares rising 7.8% from its opening price. Roblox is one of the few companies that have gone public through a direct listing, an alternative to an initial public offering in which the shares begin trading without the company issuing new stock. The company’s shares, which opened trading at $64.50 apiece, closed at $69.50 in New York,… Source link
Read More »Google reaches $3.8 million settlement over pay, hiring discrimination allegations
Google must pay more than $3.8 million to settle allegations that it systematically discriminated against female and Asian engineering employees and applicants in pay and hiring, the U.S. Department of Labor announced Monday. Under the early-resolution conciliation agreement (ERCA) dated Jan. 15, Google agreed to pay more than $1.35 million to 2,565 female employees in engineering positions. If divided evenly, that amounts to about $526 each. It must pay more than $1.23 million… Source link
Read More »Stocks mixed, Nasdaq reaches record high after Congress approves virus relief package
Stocks were mixed Tuesday as investors weighed ongoing virus concerns against lawmakers’ approval of a long-awaited virus relief package, offering funds to help support many of the individuals and businesses hardest-hit by the coronavirus pandemic. The Dow fell more than 200 points, or 0.7%, and the S&P 500 also ticked lower. The Nasdaq rose 0.5% to a record closing high. A day earlier, the Dow had shed more than 400 points, or 1.4%, before recovering losses to end slightly higher during a… Source link
Read More »Antonio Brown reaches agreement with Bucs, per report
Antonio Brown is reportedly heading back to the NFL. The wide receiver has reached an agreement on a one-year deal with the Tampa Bay Buccaneers, according to ESPN’s Adam Schefter. The deal has yet to be finalized, but Brown is reportedly set up for a debut in Week 9 against the New Orleans Saints, one week after the end of his eight-game suspension. Update: Antonio Brown and the Buccaneers have reached agreement on a one-year deal, per sources. Language still has to be finalized, COVID… Source link
Read More »Millionaires want higher taxes as coronavirus crisis reaches boiling point
Disney heiress Abigail Disney and Ben & Jerry’s co-founder Jerry Greenfield are among a growing list of millionaires signing a petition for higher taxes. “Today, we, the undersigned millionaires, ask our governments to raise taxes on people like us. Immediately. Substantially. Permanently,” the petition states. “We are not restocking grocery store shelves or delivering food door to door. But we do have money, lots of it. Money that is desperately needed now and will continue to be… Source link
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