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The Wall Street Journal: California becomes first state to borrow from U.S. to make unemployment payments
California has become the first state to borrow money from the federal government so it can continue paying out rising claims for unemployment benefits during the coronavirus pandemic......»»
News Corp sees hit to ad revenue from coronavirus pandemic
Rupert Murdoch's News Corp said on Monday its newspaper advertising revenue would take a hit from widespread business closures caused by the coronavirus outbreak, although paid digital subscriptions for the Wall Street Journal are rising......»»
The Wall Street Journal: Feds indict Chinese national on hacking charges, including 2015 Anthem data theft
A Chinese national and an unnamed co-defendant were indicted on Thursday on computer hacking charges related to a campaign to breach large U.S. businesses, including the 2015 theft of data from health insurer Anthem Inc., the Justice Department said......»»
Wells Fargo sees inflation taking heavy toll on small business optimism
Rising inflation has Wells Fargo and much of Wall Street reining in their expectations for Fed rate cuts this year......»»
The Wall Street Journal: Emergent CEO says company made over 100 million doses of J&J vaccine, apologizes for contaminated batch
Emergent BioSolutions Inc. has made enough of a key ingredient to yield more than 100 million doses of Johnson & Johnson’s Covid-19 vaccine, and federal health regulators are evaluating whether to release the shots, Emergent’s chief executive said......»»
Why Coffee Prices Are Rising
The average coffee cup price is up 17% from 2016, at $4.50, according to The Wall Street Journal. read more.....»»
The Wall Street Journal: Walmart drops mask requirement for vaccinated workers and customers
American companies began to rethink their requirements for face masks after federal health regulators relaxed their guidelines this week, and on Friday Walmart Inc. made the first big move to bend to the new view......»»
The Wall Street Journal: Facebook drops bid to build underwater fiber-cable link to Hong Kong
A Facebook Inc. consortium withdrew its bid to build a new internet conduit between California and Hong Kong after months of pressure from U.S. national-security officials, the latest sign of a deepening rift between the two governments......»»
The Wall Street Journal: U.S. sees Pfizer’s and other Western COVID-19 vaccines becoming latest target of Russian disinformation
One Russian claim: that the U.S. rushed the Pfizer-BioNTech vaccine through the regulatory process......»»
The Wall Street Journal: Cuomo advisers got health officials to alter report on COVID-19 nursing-home deaths
New York Gov. Andrew Cuomo’s.....»»
The Wall Street Journal: IBM exploring sale of its Watson Health unit
International Busi.....»»
The Wall Street Journal: Village Voice newspaper to be resurrected under ownership of Southern California investment group
The iconic New York alternative weekly, which closed in 2018 after more than half a century of chronicling the city’s cultural life, will return early next year with a new owner......»»
The Wall Street Journal: U.S. regulators won’t approve Chinese firm’s N95 masks, potentially scuttling $1 billion California deal
U.S. authorities denied initial regulatory approval for N95 masks from BYD Co., a Chinese company that had secured huge orders for the protective gear including a $1 billion deal with authorities in California......»»
The Wall Street Journal: HHS Secretary Alex Azar may be ousted following frustration of his handling of pandemic
Administration officials are discussing replacing Health and Human Services Secretary Alex Azar following criticism of his management of the early response to the coronavirus pandemic, according to six people familiar with the discussions......»»
A hedge fund betting on turbulence raked in a 400% return last quarter as coronavirus sent markets spinning, report says
Bryan R Smith/Reuters California hedge fund LongTail Alpha saw one of its funds post a 156% gain in March, the Wall Street Journal reported, bringing its firs.....»»
The Wall Street Journal: State Farm to slash $2 billion in car-insurance premiums amid pandemic
The nation’s biggest car ins.....»»
The Wall Street Journal: Blacklisted Russian fund paid for half of coronavirus aid shipment to U.S.
A Russian state-owned fund that says it footed half the bill of a coronavirus aid shipment delivered to the U.S. on Wednesday has been on a U.S. Treasury restricted lending list since 2015......»»
Hertz to offer free rental cars to health care workers, starting in New York City: WSJ
Hertz Global Holdings Inc. is offering free rental cars to health care workers, the Wall Street Journal reported Wednesday, citing an interview with Chief Executive Kathryn Marinello. The company is planni.....»»
Hedge Fund and Insider Trading News: Starboard Value LP, Horseman Capital Management, Elliott Management, Encompass Health Corp (EHC), Boston Properties, Inc. (BXP), and More
Starboard Nominated Minority Slate of Directors to eBay Board (The Wall Street Journal) EBay Inc. is facing a renewed challenge from activist i.....»»
Washington postal worker tests positive for coronavirus, state health officials say there have been four more deaths
A U.S. Postal Service worker in Washington State has tested positive for coronavirus, according to a Wall Street Journal report. A spokesman for the agency says the employee, who worked at the Seattle Network Distribution Center, contracted .....»»