Facebook, Twitter and Google CEOs Testify Before Congress About Disinformation

[ad_1] Members of the House Energy and Commerce Committee should pressure Facebook CEO Mark Zuckerberg, Google CEO Sundar Pichai and Twitter CEO Jack Dorsey on their platforms’ efforts to stem fraud allegations baseless election campaign and vaccine skepticism. Opaque algorithms that prioritize user engagement and promote disinformation could also come under close scrutiny, a panel … Read more

Stock futures drop even as jobless claims plummet

[ad_1] US equity futures fell slightly on Thursday as new data pointed to a further recovery in the labor market. S&P 500 futures fell 0.5% a day after the general market gauge was dragged lower by tech stocks. Futures on Nasdaq-100 edged down 0.6%, indicating that tech stocks could extend their losses. The benchmark index … Read more

United targets Midwestern vacationers with summer program

[ad_1] A United Airlines Holdings Inc. Bombardier CRJ-550 aircraft sits at a gate at O’Hare International Airport (ORD) in Chicago, Illinois. Daniel Acker | Bloomberg | Getty Images United Airlines is adding more than two dozen non-stop routes between the Midwest and coastal cities popular with vacationers for the summer season, a bet travelers will … Read more

Trump Tower: Hospital official resigns after Covid-19 vaccines mishandled at Trump Tower in Chicago

[ad_1] The news comes just days after the city’s health ministry announced it was withholding the first additional doses of Covid-19 vaccines at the hospital, which is in a predominantly black community in zip codes hardest hit by the virus. Loretto CEO George Miller said he authorized a vaccination clinic at the Trump International Hotel … Read more

Erdogan plunges Turkey into further turmoil after history of erratic economic policy

[ad_1] Turkey’s economy faces further turmoil after President Recep Tayyip Erdogan’s surprise ouster of central bank governor has added another chapter to years of unpredictable economic policy, scaring foreign investors and possibly sowing the seeds of ‘a financial crisis. Last Friday, Erdogan replaced Naci Agbal with Sahap Kavcioglu, a former member of parliament from Erdogan’s … Read more

Demand for electric car batteries will boost these stocks

[ad_1] Workers are seen on the production line of lithium-ion batteries for electric vehicles (EVs) at a factory in Huzhou, Zhejiang province, China. Reuters Two Chinese battery makers are expected to rise as global demand for electric car batteries could increase by around 30-fold over the next 20 years, Goldman Sachs analysts said in a … Read more

Chinese tech stocks tumble as US SEC initiates delisting law

[ad_1] A trader works on the floor of the New York Stock Exchange (NYSE) after the opening bell of the trading session in New York, the United States, March 13, 2020. Lucas Jackson | Reuters GUANGZHOU, China – Major double-listed Chinese tech stocks traded in Hong Kong were hammered on Thursday amid fears some companies … Read more

Tencent dives despite assurances of fallout from antitrust law in China

[ad_1] (Bloomberg) – Tencent Holdings Ltd. downplayed the impact of Beijing’s heightened surveillance on China’s biggest internet companies, saying a potential overhaul of its $ 120 billion fintech wing should have little impact on its business. His shares sank the most in two months. President Martin Lau acknowledged that founder Pony Ma recently called regulators, … Read more

‘People shouldn’t be afraid of the word white privilege’: New Labor Secretary opens up about inequality, racism and union power in first interview

[ad_1] ‘People shouldn’t be afraid of the word white privilege’: new Labor secretary speaks of inequality, racism and union power in first interviewThe Washington Post Labor ministry proposes to defer increase in minimum wages for H-1B workers until 2023West India Virus worker safety rule tests offer after Trump’s DOL Nixed projectBloomberg Law The First 100 … Read more

Amazon executive jabs Sanders, touts progressive company policies ahead of union vote

[ad_1] Charlie Gasparino of FOX Business discusses the push for Amazon think tanks and the latest GameStop stock market move. A senior Amazon executive criticized Sen. Bernie Sanders, I-Vt., In a Twitter post on Wednesday, suggesting the senator was all talkative and lacking in action when it came to implementing progressive policies. The tech giant’s … Read more