Tag Archives: skyrockets

More than a year and a half into the pandemic, the mental health of workers nationwide is deteriorating at an alarming rate. Nearly 80% of workers are worried about their mental health, and those concerns are nearly double that of physical health, according to a recent Conference Board survey of 1,800 U.S. workers. “In April, we were much more optimistic that there would be a return to the new normal or the next normal. I think we’ve found that that’s not really happening and it has had an… Source link

Robinhood’s (HOOD) revenue based on crypto transactions skyrocketed in the 2nd quarter, with more than 60% of its users trading digital currencies. However the company warned of lower revenue expectations for the third quarter. Shares fell about 5% in after hours.  “For the three months ended Sept 30, 2021, we expect seasonal headwinds and lower trading activity across the industry to result in lower revenues and considerably fewer funded accounts than in the prior quarter” read the… Source link

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

Famed auction house Christie’s wasn’t exactly sure what kind of demand it was going to see when it announced a $100 starting price for its first-ever digital art auction by way of a non-fungible token, or NFT, in February. Three weeks later, it had an answer worth $69 million. A bidding war exploded Thursday to close at a final price of $69.35 million on a collage of work, dubbed “Everydays: The First 5000 Days,” from rising digital artist Beeple (also known as Mike Winkelmann.) As Christie’s… Source link

RFI China and US swap accusations of genocide, but does it make any sense? The last official act of out-going US Secretary of State Mike Pompeo was to accuse China of perpetrating “genocide” against its Uyghur population. China was quick to point to the US’s treatment of its own indigenous people, to the American history of slavery and discrimination. The increasingly vitriolic war of words adds to the ongoing deterioration of ties between Beijing and Washington. In a strongly worded press… Source link