Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. JOHANNES EISELE/AFP via Getty Images US shares fell on Monday as technology shares dragged indexes lower. Investors remain cautious over the slew of corporate earnings ahead as well as the ongoing…
Poor residents in Los Angeles could receive $1,000 direct monthly payments as part of the city’s budget. LA Mayor Eric Garcetti outlined the $24 million proposal during his annual “State of the City” address. The payments will “begin to tear away at poverty in our city,” Garcetti said. See more stories on Insider’s business page.…
President Joe Biden called on Congress to pass criminal justice reform to honor George Floyd. “No one should be above the law,” Biden said. “And today’s verdict sends that message. But it’s not enough.” Former police officer Derek Chauvin faces up to 40 years in prison for second-degree murder. See more stories on Insider’s business…
Hi and welcome to the Insider Advertising newsletter. I’m Lucia Moses, deputy editor, and this week in advertising and media news: Advertisers bet on live events;TV adtech giants merge;And Omnicom ups its data pitch.If you got this newsletter forwarded, sign up for your own here. First up: Don’t miss our webinar this Thursday on the future…
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. JOHANNES EISELE/AFP via Getty Images US shares fell on Monday as technology shares dragged indexes lower. Investors remain cautious over the slew of corporate earnings ahead as well as the ongoing…
The idea of a wealth tax is gaining steam as a way to address economic inequality and recovery. The majority of respondents in a new poll see a wealth tax as one way to address inequality. The IRS chief told Congress it’s possible that over $1 trillion in taxes go uncollected each year. See more…
Traders work during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. JOHANNES EISELE/AFP via Getty Images US shares fell on Monday as technology shares dragged indexes lower. Investors remain cautious over the slew of corporate earnings ahead as well as the ongoing…
SpaceX on Friday was awarded an exclusive $2.9 billion contract to help NASA return to the moon. NASA and SpaceX negotiated a contract, excluding Blue Origin based on its high first bid. “We are looking to learn more about the selection,” a Blue Origin spokesperson told Insider. See more stories on Insider’s business page. Many…
US regulators posted a video of a child being sucked under a Peloton Tread+ treadmill. The US Consumer Product Safety Commission is warning owners with children or pets to stop using their Tread+ amid safety concerns. Peloton pushed back against the warning, calling it “inaccurate and misleading.” See more stories on Insider’s business page. US…
The New York Times reported that about a dozen staffers have recently exited One America News. According to the report, some One America News employees are skeptical of their own network’s reporting. The network leans heavily in favor of ex-President Donald Trump and has peddled false claims. See more stories on Insider’s business page.…
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