Extreme E’s ‘floating paddock’ the St. Helena has set sail for Saudi Arabia. Yep, the all-electric off-road cousin of Formula E is actually happening people. Get ready. There have been delays to the worldwide race calendar (for obvious reasons), but after 17 to 20 days at sea the ex-Royal Mail ship …
Read More »Walmart Misses Q4 Profit Forecast, Tops $150 Billion Sales
Walmart Inc. (WMT) – Get Report posted weaker-than-expected fourth-quarter earnings Thursday, thanks in part to a charge linked to taxes in the United Kingdom, but still managed record sales of more than $150 billion as U.S. shoppers continued to favor big-box retailers over smaller rivals. A planned surge in investment costs, …
Read More »Keir Starmer’s post-Covid plan for Britain – the key points | Labour
Keir Starmer has used a speech to set out his vision for how Labour would seek to rebuild the UK after the coronavirus crisis, giving a handful of specific policy ideas and several more general approaches. Here are the main points. British recovery bond An official savings scheme intended to …
Read More »Nvidia cryptocurrency mining processor for Ethereum announced
Jensen Huang, president and CEO of Nvidia, speaks during the company’s event at the 2019 Consumer Electronics Show in Las Vegas on Jan. 6, 2019. David Paul Morris | Bloomberg | Getty Images Nvidia on Thursday announced it will release a new series of semiconductors specifically for mining ether, the …
Read More »SAG-AFTRA & AFL-CIO To Host 3rd Annual Labor Innovation & Technology Summit – Deadline
SAG-AFTRA and the AFL-CIO will host their third annual Labor Innovation & Technology Summit on Friday – a full-day virtual program bringing together union, technology, entertainment and media leaders to discuss the future of work. This year’s Summit will include discussions with key industry leaders & influencers on:• The rise …
Read More »Walmart, Hormel Foods, Marriott, others
Check out the companies making headlines before the bell: Walmart (WMT) – Walmart reported adjusted quarterly earnings of $1.39 per share, which includes a 7-cent impact from UK tax repayment. The consensus estimate had been $1.50. Revenue did beat forecasts, and US comparable sales excluding fuel were up 8.6% compared …
Read More »Keir Starmer’s Covid recovery bonds could be more than a gimmick | Keir Starmer
It’s a sign of how bad things have got for Sir Keir Starmer that the Labour leader felt the need to float his idea for British recovery bonds in his speech on the economy. Opposition leaders tend to keep specific policy proposals under wraps in the early stages of a …
Read More »Goldman Sachs’ Marcus makes a splash in the robo-advisory pool
Goldman Sachs’ digital-only consumer bank added an investment tool to bolster its fintech offering. This positions it as a cheaper alternative to incumbents and a direct threat to fintechs’ own rebundling. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry. Learn more about becoming a client. …
Read More »Pfizer vaccine weaker against variant in South Africa, study suggests
Pfizer-BioNTech’s COVID-19 vaccine produces a weakened immune response against the variant found in South Africa, a study suggests. The vaccine produced two-thirds less neutralizing antibodies against a lab-made virus designed to mimic the variant. The study’s author said that the vaccine will probably still be protective in real-life, per Reuters. …
Read More »Sign up for the Garden Party newsletter – Orange County Register
Can’t wait to hop on the pandemic gardening train by planting some tomatoes this spring? Want to know how to grow your favorite tomato varieties even better? The Southern California News Group is putting out a newsletter all about those delicious fruits that are just waiting to be sliced into …
Read More »