Democrats want a $15 minimum wage policy to be included in President Joe Biden's $1.9 trillion Covid relief plan. A $15 hourly pay scale would more than double the current $7.25 federal minimum wage. It still wouldn't offer a living wage to low-paid single adults and families in many areas, […]
Apple Inc (NASDAQ: AAPL) moved aggressively into the accessory business several years ago. Why give away components key to product use when it could charge for them and make tens of millions, if not hundreds of millions of dollars? Airpods are the current best example of Apple’s move to sell […]
Loujain al-Hathloul is free from prison as Saudi’s leadership extends a friendly hand to Biden. The news comes as part of increasing lenience in the country for political prisoners and dissidents over recent weeks. However, the international community should maintain pressure on the kingdom in the face of continued human […]
The move is significant since it signals the growing importance of foods in Marico’s overall strategy. It also comes six months after Marico stepped into honey, a Rs 1,500-crore category dominated by players such as Dabur. Consumer goods major Marico on Friday said that it had entered the Rs 4,000-crore […]
Elon Musk's SpaceX is now worth $74 billion after it raised more capital last week, with strong demand from investors who believe the company's two ambitious projects will drive that valuation even higher. Starship and Starlink are "two Manhattan Projects running in parallel," Quilty Analytics founder Chris Quilty told CNBC […]
The U.S. auto industry, battered early last year by the COVID-19 pandemic, generally recovered sales by the end of the year. 2021 should be even better. Not only have car companies launched new models–they are counting on the appeal of the next generation of electric cars, with Elon Musk’s Tesla […]
Actor John R. Mitchell has resigned from SAG-AFTRA’s local board of directors in Philadelphia amid growing outrage about a meme he posted that depicts President Joe Biden with stereotypical Asian features and text that reads, “Introducing Our 46th President: Sum Dum Fuk.” See the image below. In a statement on […]
Massive winter storms across the Midwest and Texas have delayed the delivery of 6 million Covid-19 vaccine doses affecting every state in the U.S., the nation's top health officials said Friday. The backlog represents three days worth of delayed shipments, White House senior advisor for Covid response Andy Slavitt said […]
The first dose of Pfizer and BioNTech’s coronavirus vaccine is 85% effective, Reuters reported. The UK government has already prioritized the first dose scheme over the two-shot scheme. The European Medicines Agency and the FDA are against delaying the second vaccine dose, however. Visit the Business section of Insider for […]
Stocks are seeing modest weakness in morning trading on Friday, although selling pressure has remained relatively subdued. The major averages have all moved to the downside following the lackluster performance seen over the past few sessions. Currently, the major averages are lingering slightly below the unchanged line. The Dow is […]
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