In this article SPOT Shares of Spotify plunged 13% in after-hours trading Wednesday after the streamer reported fourth-quarter earnings. The numbers mostly beat expectations, but projections for user growth in Q1 were barely in line with analysts’ projections. There was also a broader selloff in tech shares after the bell, after Facebook (Meta) reported disappointing
In this article CLX FB PINS F AMZN The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Check out the companies making headlines in midday trading. Amazon — Shares of Amazon popped more than 14% following a stellar quarterly report. The company said its investment in electric
Adriana Gamez restocks rose bouquets at California Flowers in downtown Los Angeles on Feb. 12, 2021. Dania Maxwell | Los Angeles Times | Getty Images They say love doesn’t cost a thing, but Valentine’s Day is a different story. For starters, anyone going on a date on the Feb. 14 holiday can expect to pay top dollar
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
courtneyk | E+ | Getty Images The IRS has warned about “challenges” this tax season, and a slew of automated notices are already causing distress for filers. Some taxpayers who sent last year’s return and paid their balance have received a CP80 notice saying they may lose their credit for payment if they don’t file
Major tech companies are opening offices in Atlanta, hoping to capitalize on the technology talent in the city, especially the Black talent. Silicon Valley-based Apple and Google parent Alphabet as well as Redmond, Washington-based Microsoft have all set up shop in Atlanta in recent years. Headquartered near San Francisco, payments giant Visa is also opening
By Erin Flynn Jay, Next Avenue Sue Ronnenkamp, 64, worked in health care and aging services for over 40 years. Her last job was with a start-up company focused on the Medicare Plus market in Pennsylvania, but she lost that position in a lay-off. Ronnenkamp made the decision to shift to homesharing when she decided to leave
A no-reserve auction held late last month has resulted in the purchase of a mansion in the Doheny Estates neighborhood of Los Angeles for $6,526,000, or roughly 20% of the original listing. The sale comes on the heels of a record-breaking year for the Southern California housing market, where high demand and low supply fueled
As he takes over as New York’s new mayor, Brooklyn Democrat Eric Adams faces both immediate and longer-term economic challenges. How he copes with them will say a lot about the future of New York, and by extension America’s cities. Adams is only the second Black mayor in the city’s history. He ran as a working-class candidate
Rattler Midstream: “That group is red hot. The mastere limited partners. This thing yields 8%. I think it’s money good. I think it’s great. … Buy.” Nextdoor: “It’s a great advertising vehicle, but it was a SPAC. It was a SPAC and therefore, it’s no good. I mean, honest to God. If it’s a SPAC,
In this article F Ford Motor Co. signage at the Washington Auto Show in Washington, D.C., Jan. 21, 2022. Al Drago | Bloomberg | Getty Images DETROIT — Ford Motor‘s shares slid after it reported fourth-quarter earnings Thursday that significantly missed Wall Street’s earnings expectations and slightly missed on revenue. The company’s shares tumbled by
In this article SNAP AMZN CLX PINS F RIVN The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Check out the companies making headlines after the bell: Amazon — Shares of Amazon popped more than 18% after hours following a strong quarterly report. The company reported
It’s time to let the young, healthy and “anyone who wants to move on” from the pandemic do so, said Dr. Stefanos Kales, a professor at Harvard Medical School. In a paper posted on LinkedIn last month, Kales said that for the majority of children and adults, “Covid-19 is not a serious threat, only a
CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite imagery venture ICEYE brought in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and build out its growing natural catastrophe detection product line. ICEYE closed an $136 million round of venture capital
Chile requires visitors furnish proof of insurance coverage for Covid-19 and related conditions. Pictured, capital city Santiago. Oleh_Slobodeniuk | E+ | Getty Images Are you planning a trip abroad? You may need to buy travel insurance to visit your destination country. Many countries had insurance requirements even before the pandemic. But about a dozen more
In my prior article, I laid out the Illinois General Assembly’s repeated unanimous, near-unanimous or strong bipartisan majority support for a series of bills increasing pension benefits for public employees from 1989 – 2000. But what more can we learn from what the senators and representatives themselves said about the bills? Their comments are quite
Franz Weber, world-famous Olympian, six-time World Speed Skiing Champion and former world record holder (Weber still holds the North American record), is a visionary and a man for all seasons. A long-time resident of Lake Tahoe, Weber and his wife, Janet, founded Franz Weber Inc., a Reno-based sports management and consulting company, in 1984. Today,
The filing season recently began, and with it the public pleas intensified for the IRS to change, at least temporarily, its notice, collection, and penalty procedures. The agency recently conceded a bit by halting some automatic notices, but what it might do about penalties is still an open question. Balancing the burdens shifted to taxpayers because
Qualcomm CEO Cristiano Amon told CNBC’s Jim Cramer on Thursday that the chipmaker views the so-called metaverse as much more than just the next frontier for social media. “The metaverse is going to develop as a number of different opportunities,” Amon said in an interview on “Mad Money,” appearing one day after the company’s posted
In this article AMZN Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon will report its fourth-quarter earnings after the bell on Thursday. Here’s what Wall Street expects: Earnings per share: $3.57, according to