Business

[ad_1] Republicans launched attacks on Biden’s stimulus package during Yellen’s confirmation hearing on Tuesday. Senator Chuck Grassley called it “a list of liberal structural economic reforms.” The hearing likely portends fierce opposition many parts of Biden’s economic agenda will encounter on Capitol Hill. Visit the Business Insider homepage for more stories. Senate Republicans stepped up … Read more

[ad_1] The retailer said in a statement Tuesday that it was halting sales of “a number of underperforming items and brands,” including MyPillow. Bed bath and beyond (BBBY) said it was part of their larger plan to sell more internal brands when they debut this spring. Lindell, a major Republican donor, said in an interview … Read more

[ad_1] Netflix (NFLX) Q4 2020 Results Find quotes, news, and videos [ad_2] Source link

[ad_1] Bed Bath & Beyond and Kohl’s have said they are dropping products from MyPillow amid a backlash at comments from Mike Lindell, the bedding company’s chief executive, who has promoted debunked conspiracy theories involving the election on social networks. Mr Lindell said Kohl’s and Bed Bath & Beyond acted after people on social media … Read more

[ad_1] A woman is training at home using an online course. Thomas Trutschel / Photothek via Getty Images The fitness industry was turned upside down in 2020. When the Covid pandemic entered the United States in March, Americans quickly realized that their gym routines were no longer going to be sustainable. Fitness studios ranging from … Read more

[ad_1] Driverless Chevy Bolts are a common sight on the streets of San Francisco, where Cruise is based. Microsoft has invested in Cruise, General Motors’ driverless car unit, in a $ 2 billion funding round that gives the self-driving company a $ 30 billion valuation. Cruise, which was bought by GM for “over a billion … Read more

[ad_1] Shares of AMC Entertainment Holdings Inc. AMC, + 32.19% climbed 28.2% on very high volume on Tuesday, after the struggling cinema operator revealed it had raised $ 100 million through first lien, guaranteed tickets due 2026. Trading volume climbed to 206.3 million shares, enough to make the NYSE, and more than six times the … Read more

[ad_1] MyPillow founder Mike Lindell – a vocal supporter of President Donald Trump’s false claims that the presidential election has been rigged – has said retailers such as Bed Bath & Beyond and Kohl’s are abandoning its products. Both companies confirmed the move, but highlighted sales of its flagship product instead of Lindell’s support for … Read more