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L.A. bought $19 million worth of N95 masks early in the pandemic. Resales are lagging

L.A. has resold about $3.4 million worth of N95 masks that it purchased as a part of a $19-million deal.L.A. has resold about $3.4 million worth of N95 masks that it purchased as a part of a $19-million deal......»»

Category: topSource: latimesMay 25th, 2021

Larry Ellison buys an $80 million mansion in South Florida. Is a move from high-tax Hawaii next?

Oracle co-founder and Chairman Larry Ellison has bought an $80 million mansion in North Palm Beach, Florida, the Wall Street Journal reported, citing two people familiar with the deal.  It’s been a good week for Ellison. His net worth hit $.....»»

Category: topSource: bizjournalsApr 9th, 2021

Deliveroo shares jump as trading opens to retail investors, while hundreds of riders begin protests in the UK over low pay and working conditions

Goldman Sachs, one of Deliveroo's underwriters, bought shares worth $103 million to boost its stock after its IPO dwindled. Goldman Sachs bought $103 million in Deliveroo shares to boost its stock after a disappointing IPO. Matt.....»»

Category: worldSource: nytApr 7th, 2021

Donald Trump"s net worth dropped by $700 million since he was elected president

Since stepping away from his company, the impact of the pandemic, as w.....»»

Category: worldSource: nytMar 17th, 2021

ARK fund snaps up over 500,000 shares of Roblox in debut

The ARK Next Generation Internet ETF bought over 500,000 shares of Roblox , the video-games developer that surged 54% in its trading debut on Wednesday. The position, worth $36 million, amounts to 0.47% of the Cathie Wood-managed fund, according to.....»»

Category: worldSource: nytMar 11th, 2021

Custom T-shirt maker saves its business with early pivot to masks

Fairfax-based Custom Ink was forced to recalibrate and rethink its business after the pandemic sent sales tumbling in March......»»

Category: topSource: washpostMar 4th, 2021

Custom T-shirt maker saves its business with early pivot to masks

Fairfax-based Custom Ink was forced to recalibrate and rethink its business after the pandemic sent sales tumbling in March......»»

Category: topSource: washpostMar 4th, 2021

Gordon Ramsay says his restaurants have lost $80 million worth of turnover during the pandemic - and that"s just in the UK

Ramsay, who owns 35 restaurants worldwide, said the three lockdowns in the UK have caused "utter devastation" and have been "incredibly costly." Gordon Ramsay. FOX Image Collection via Getty Images Gordon Ramsay.....»»

Category: topSource: businessinsiderFeb 23rd, 2021

"Thank Me Later": Redditor Leaked A Month Ago That Tesla "Just Bought 800 Million Worth Of Bitcoin"

"Thank Me Later": Redditor Leaked A Month Ago That Tesla "Just Bought 800 Million .....»»

Category: dealsSource: nytFeb 9th, 2021

Ford donated 15,000 custom face masks for those attending the inauguration following months of PPE efforts and early criticism from Trump

Ford has produced PPE throughout the pandemic, including millions of ventilators, gowns, and face shields. Ford Ford produced 15,000 face masks and donated them to attendees of the inauguration.  The m.....»»

Category: topSource: businessinsiderJan 20th, 2021

Suspected darknet drug dealers stand accused of hiding a huge stash of Bitcoin that"s now worth $16 million. They bought a fishing boat and a squid permit to conceal their crime, say US attorneys.

A federal judge issued a warrant for seizure of about 392 Bitcoin worth $16 million, which attorneys say were used by Darknet drug dealers Treasury officials are putting new regulations in place to curb money laund.....»»

Category: topSource: businessinsiderJan 14th, 2021

Darknet drug dealers have been accused of hiding a Bitcoin stash that"s now worth $16 million. They bought an old fishing boat and a squid permit to conceal their crime, say US attorneys.

A federal judge issued a warrant for seizure of about 392 Bitcoin worth $16 million, which attorneys say were used by Darknet drug dealers A representation of virt.....»»

Category: topSource: businessinsiderJan 10th, 2021

Company says St. Pete man helped to defraud them out of $3.8M worth of N95 masks

A local man is among the defendants accused of defrauding a Georgia company out of $3.8 million worth of N95 masks and faces several charges, including federal RICO for wire fraud......»»

Category: topSource: bizjournalsDec 30th, 2020

Coronavirus Update: Daily death toll from COVID-19 climbs to more than 3,400, the same day vaccinations top 1 million

The U.S. suffered through one of its worst days on the COVID-19 front since the pandemic started, with the daily death toll jumping to more than 3,400, on the same day it reached an “early but important” milestone of more than 1 million vaccinated......»»

Category: topSource: marketwatchDec 24th, 2020

Market Snapshot: Dow attempts major comeback, up over 200 points as AmEx and UnitedHealth shares rally

U.S. stocks pare big early losses to trade higher on Thursday, as investors parse data that showed 2.9 million Americans lost jobs last week, bringing the total unemployed to about 36 million since COVID-19 pandemic began......»»

Category: topSource: marketwatchMay 14th, 2020

After new deals, 3M boosting N95 production even higher

3M Co. is continuing to ramp up production of its N95 respirator masks after landing a pair of new federal contracts. The latest contract, with the a U.S. Department of Defense, is worth a total of $126 million and will allow 3M to make boost its .....»»

Category: topSource: bizjournalsMay 7th, 2020

NewsWatch: Jobless claims jump 3.2 million in early May, but historic rate of layoffs is slowing

Almost 3.2 million people applied for unemployment benefits last week after the coronavirus cost them their jobs, but the historic wave of layoffs tied to the pandemic is receding......»»

Category: topSource: marketwatchMay 7th, 2020

Economic Report: Jobless claims jump 3.2 million in early May, but historic rate of layoffs is slowing

Almost 3.2 million people applied for unemployment benefits last week after the coronavirus cost them their jobs, but the historic wave of layoffs tied to the pandemic is receding......»»

Category: topSource: marketwatchMay 7th, 2020

Intel buys Moovit transit app for $900 million to help develop robotaxis

Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving "robotaxis" that could take to the streets in early 2022, the company said on Monday......»»

Category: topSource: reutersMay 4th, 2020

Amazon to spend $800M on worker safety during pandemic

Amazon says it will spend $800 million on safety measures to protect its employees during the Covid-19 pandemic. That includes purchasing masks, thermal cameras, thermometers, sanitizing wipes, gloves and sanitizer. The company said it’s addin.....»»

Category: topSource: bizjournalsApr 29th, 2020

Statewide survey: Firms expect combined loss of $126 million due to pandemic

A statewide survey of about 2,500 businesses found they expect a combined $126 million loss in income and, more than other help, want grants or other financing and access to customers. That was one takeaway from the survey conducted in early April.....»»

Category: topSource: bizjournalsApr 22nd, 2020