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New global rules leave just 10 big EU banks short of capital, draft shows
New global rules leave just 10 big EU banks short of capital, draft shows

Only 10 major European banks may need to raise capital as a result of the rollout of new global rules and their shortfall could be smaller than 27 billion...

Rising car prices fuel AutoNation
Rising car prices fuel AutoNation's great year

Chip shortages could be viewed as a blessing for AutoNation at this point.Driving the news: The car chain reported its sixth-consecutive quarterly earnings...

Lyft
Lyft's first safety report reveals over 4,000 sexual assault cases

Lyft has finally published its first safety report.

C.H. Robinson Worldwide (NASDAQ:CHRW) Will Want To Turn Around Its Return Trends
C.H. Robinson Worldwide (NASDAQ:CHRW) Will Want To Turn Around Its Return Trends

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...

Social Security Update: New Bill Could Benefit Seniors Immensely by Improving Cost-of-Living Formula
Social Security Update: New Bill Could Benefit Seniors Immensely by Improving Cost-of-Living Formula

A new bill proposed by Rep. John B. Larson (D-CT) would bring sweeping changes to Social Security benefits, including hiking the annual cost-of-living...

Grocery Outlet Partners with Instacart to Offer Online Same-Day Delivery Service
Grocery Outlet Partners with Instacart to Offer Online Same-Day Delivery Service

Discount supermarkets chain operator Grocery Outlet Holding Corp. (GO) has partnered with online grocery platform Instacart for a pilot program that aims to ...

Is CBRE Group, Inc. (NYSE:CBRE) Potentially Undervalued?
Is CBRE Group, Inc. (NYSE:CBRE) Potentially Undervalued?

Let's talk about the popular CBRE Group, Inc. ( NYSE:CBRE ). The company's shares received a lot of attention from a...

CDC gives go-ahead to mix-and-match boosters, endorses second shot for J&J vaccine: COVID-19 updates
CDC gives go-ahead to mix-and-match boosters, endorses second shot for J&J vaccine: COVID-19 updates

The CDC signed off on mix-and-match COVID-19 booster shots, meaning clinics, doctors and pharmacies can begin giving them out Friday. COVID updates.

The CEO & Director of Truist Financial Corporation (NYSE:TFC), William Rogers, Just Bought 6.7% More Shares
The CEO & Director of Truist Financial Corporation (NYSE:TFC), William Rogers, Just Bought 6.7% More Shares

Those following along with Truist Financial Corporation ( NYSE:TFC ) will no doubt be intrigued by the recent purchase...

Cambium Networks Lowers Q3 Guidance; Shares Plunge 16.1%
Cambium Networks Lowers Q3 Guidance; Shares Plunge 16.1%

Shares of Illinois-based Cambium Networks Corp. (CMBM) plunged 16.1% in the extended trading session on Thursday after the company lowered its guidance for...

Profit surges at American Express with US spending resilient
Profit surges at American Express with US spending resilient

American Express had a very strong third quarter, posting a profit of $1.78 billion with Americans continuing to prove resilient in their spending despite...

Investors Could Be Concerned With Casa Systems
Investors Could Be Concerned With Casa Systems' (NASDAQ:CASA) Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? In a perfect world...

These 4 Measures Indicate That Brady (NYSE:BRC) Is Using Debt Safely
These 4 Measures Indicate That Brady (NYSE:BRC) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Supply chain woes put brakes on Europe
Supply chain woes put brakes on Europe's top cycle-makers in Portugal

Europe's leading cycle makers in Portugal are riding a pandemic-driven demand boom, but a supply chain crunch linked to Asia has put the brakes on.

The Morning After: Razer
The Morning After: Razer's light-up smart face mask finally goes on sale

Today's headlines: Sony's flagship A7 IV camera has a 33-megapixel sensor, 4K 60p video and more streaming options, Razer's light-up smart face mask is here and the first 'Uncharted' movie trailer plays Nathan Drake's greatest hits.

Amazon
Amazon's big Samsung sale includes laptops, watches, phones and storage

Amazon's deal of the day is all about Samsung today, with products on sale ranging from laptops to Galaxy S smartphones to storage.

Honeywell cuts full-year sales target expecting hit from supply disruptions
Honeywell cuts full-year sales target expecting hit from supply disruptions

Closed ports due to a resurgence of COVID-19 cases in Asia, aggravated by the fast-spreading Delta variant, and labor shortages have strained global supply...

Photographing Protests: The Truth on Being Ethical in the Heat of it All
Photographing Protests: The Truth on Being Ethical in the Heat of it All

ever to let anyone silence me. That got me into a little trouble over the years. However, once I mellowed out, my early lessons led me to be interested in what society wants to protest. Combined with my enthusiasm for photography, you have the perfect cocktail.

The Dutch government claims it can decrypt Tesla's hidden driving data

Tesla's closely-guarded driving data has been decrypted for the first time, according to a Dutch government-run forensic lab.

U.K. Inflation Wagers Hit Highest Since Before BOE Independence
U.K. Inflation Wagers Hit Highest Since Before BOE Independence

(Bloomberg) -- Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs-Santa Fe Is the New Mecca for...

Fuel shortages block food aid in famine-threatened Tigray: UN
Fuel shortages block food aid in famine-threatened Tigray: UN

Fuel shortages have forced some aid groups to suspend food distribution in Ethiopia's war-hit Tigray region, where famine stalks hundreds of thousands of...

UK
UK's economy gathers speed, inflation pressures mount - PMIs

Britain's economy unexpectedly regained momentum in October and cost pressures rose by the most in more than 25 years, according to a survey on Friday that...

AMD: What
AMD: What's on the Menu for Q3 Earnings

AMD stands for Analog Micro Devices (AMD) but ahead of earnings, should the company be called EASP - Expect Another Solid Print? Whether the suggestion...

Tencent Blames WeChat Access for Search Engines on Loophole
Tencent Blames WeChat Access for Search Engines on Loophole

(Bloomberg) -- Tencent Holdings Ltd. said loopholes created during a recent tech upgrade made some content on its enclosed WeChat ecosystem available on...

Somalia
Somalia's president, prime minister agree to speed up election

Somalia's president and prime minister resolved a dispute over appointments to security bodies, allowing a stalled process to elect a new parliament and...

Analysis-Moon
Analysis-Moon's push for military independence may echo far beyond his presidency

When South Korean President Moon Jae-in arrived this week at Seoul's largest weapons expo ever https://www.reuters.com/world/asia-pacific/arriving-fighter...

Intel Falls as Outlook Shows Costly Path to Regain Dominance
Intel Falls as Outlook Shows Costly Path to Regain Dominance

(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger spelled out the cost of his drive to return the world's largest chipmaker to leadership of...

SpaceX
SpaceX's SN20 Starship prototype completes its first static fire test

SpaceX has fired a Raptor vacuum engine integrated onto a Starship for the first time.

Conservative Pundit Thinks Trump
Conservative Pundit Thinks Trump's New Media Company Is Because Of Tucker Carlson

CNN commentator S.E. Cupp suggested the Fox News personality could be to blame for the ex-president's new business venture.

Those who invested in Morgan Advanced Materials (LON:MGAM) a year ago are up 36%
Those who invested in Morgan Advanced Materials (LON:MGAM) a year ago are up 36%

Morgan Advanced Materials plc ( LON:MGAM ) shareholders have seen the share price descend 11% over the month. But that...

Inflation likely to hit 5%, warns Bank of England chief economist
Inflation likely to hit 5%, warns Bank of England chief economist

The Bank of England's new chief economist says it will have a "live" decision on interest rates next month.

Pledge raises $4.5M Seed round to build a carbon-measurement and removal API
Pledge raises $4.5M Seed round to build a carbon-measurement and removal API

There is very little transparency around carbon offsets. Plus, smaller companies want to access high-quality carbon credits, but calculate their impact at a...

Australia asks why Hong Kong considers lobsters national security risk
Australia asks why Hong Kong considers lobsters national security risk

Australia said it is seeking answers from China on why its lobster exports have been blocked, after a top Hong Kong customs official said Beijing had imposed...

Some Strategists See Bitcoin at $100,000 By Year
Some Strategists See Bitcoin at $100,000 By Year's End

(Bloomberg) -- Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs-Santa Fe Is the New Mecca for...

Euro zone business growth slowed in October as prices soared -PMI
Euro zone business growth slowed in October as prices soared -PMI

LONDON (Reuters) -Growth in euro zone business activity slowed this month as firms faced soaring costs due to supply-chain constraints, while the bloc's...

Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests
Bitcoin Bull Market Has Plenty Steam Left, Indicators Suggests

While the bitcoin market valuations are not cheap, they are not overstretched either.

Amazon: An Attractive Risk-Reward Play
Amazon: An Attractive Risk-Reward Play

Amazon (AMZN) saw exponential growth in 2020 with pandemic-driven tailwinds pushing it forward. 2021, however, has turned out to be much more of a challenge ...

Europe
Europe's Recovery Stumbles Over Supply Squeeze Driving Inflation

(Bloomberg) -- Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeForget Palm Springs-Santa Fe Is the New Mecca for...

Lake Superior is among the fastest-warming lakes on the planet. Climate change may be the culprit behind its algae blooms too
Lake Superior is among the fastest-warming lakes on the planet. Climate change may be the culprit behind its algae blooms too

APOSTLE ISLANDS NATIONAL LAKESHORE, Wis. - The kayakers stood for a moment on the beach, marveling at the clear sweep of blue. On a warm fall day along the...

How Day of the Dead ofrendas pay tribute to those lost to COVID-19:
How Day of the Dead ofrendas pay tribute to those lost to COVID-19: 'People only die the day you forget them'

CHICAGO - A bouquet and votive candles with an image of Our Lady of Guadalupe sit near the wedding portrait of Gardenia Rangel's parents on a small table in ...

Copper Rebounds as Global Energy Crisis Keeps Roiling the Market
Copper Rebounds as Global Energy Crisis Keeps Roiling the Market

(Bloomberg) -- Base metals were mixed, with copper paring a weekly slump, as the global energy crisis kept roiling the energy-intensive sector. Aluminum fell...

London Security (LON:LSC) Could Easily Take On More Debt
London Security (LON:LSC) Could Easily Take On More Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

London Stock Exchange Says Supply Chains to Delay Tech Spend
London Stock Exchange Says Supply Chains to Delay Tech Spend

(Bloomberg) -- Problems in the world's supply chains have reached as far as London Stock Exchange Group Plc. Most Read from BloombergThe Top Money Maker at...

Many Indians unlikely to be fully vaccinated by year-end despite ample COVID shots
Many Indians unlikely to be fully vaccinated by year-end despite ample COVID shots

Tens of millions of Indian adults are unlikely to be fully vaccinated against COVID-19 by the end of 2021, despite ample supplies, due to an unusually large ...

Key Investor Bails After Learning He
Key Investor Bails After Learning He's In New Trump Company: 'Not A Close Call'

Trump's new social media company shot up in value, but at least one investor says it's not about the money.

India
India's OfBusiness in talks to raise new funds at over $4.5 billion valuation

OfBusiness, an e-commerce startup that sells industrial goods and provides small businesses with credit, is in talks to raise a new round of funding at a valuation of over $4.5 billion, three sources familiar with those talks told me. If the talks materialize, it would be the fourth financing round OfBusiness will secure this year. Falcon Edge Capital is in talks to lead or co-lead the new round, one of the sources said.

iFixit
iFixit's Apple Watch Series 7 teardown shows the same display tech as iPhone 13

iFixit has taken apart the Apple Watch Series 7.

Remy Q2 sales beat forecasts, eyes "exceptional" H1 profit growth
Remy Q2 sales beat forecasts, eyes "exceptional" H1 profit growth

Remy Cointreau said it would deliver "exceptional" current operating growth in the first half of its 2021/2022 fiscal year after its sales rose by a stronger...

Chip crunch to hit Renault production more than forecast
Chip crunch to hit Renault production more than forecast

LONDON (Reuters) -French carmaker Renault said on Friday its production losses in 2021 because of a global semiconductor chip shortage would be far larger...

Canada oil producers grapple with Trudeau
Canada oil producers grapple with Trudeau's demand for faster emissions cuts

Canada's oil producers face new pressure from Prime Minister Justin Trudeau to reduce emissions in just three years, a sudden acceleration of their plans...


Government intervention is more of an American tradition than we care to admit

The lines between the government and business have always been blurred. The two have been deeply enmeshed, for better or worse, throughout history.

COP26: 6 platforms that let you invest in climate-friendly projects

Ahead of COP26, Insider profiled six startups meeting the appetite for financial gains and positive climate action with retail investment platforms.

Biden's 24/7 port schedule won't fix supply chain crisis: exec

"If there are no trucks coming to pick-up or no warehouses open at 3 a.m., it's kind of a moot point," Brian Bourke of Seko Logistics told Bloomberg.

From crypto to supply chain strategy, here’s what mattered to CFOs this week

Research from Bank of America on digital assets and the comeback of value stocks are among the topics featured in CFO Daily this week.

CEO expectations are changing—thanks, Delta

Fortune has a new CEO poll out this morning, in partnership with Deloitte.

Truth Social: Hackers post defecating pig photo on fake Trump account

Hackers from Anonymous created fake accounts for Trump and Steve Bannon on Truth Social, the site that Trump announced Wednesday, per the NYT.

Biden White House debuts the U.S.’s first national gender strategy

Its response to Texas's abortion ban previewed its 'whole of government' approach.

Stock futures slip after the S&P 500 hits a new record—Bitcoin sputters

U.S. futures trade sideways on Friday as stocks look to finish out the week in the green.

Meet 28 of the most powerful people writing tech laws in the EU

Amazon, Facebook, and Google have been caught up in European probes into competition, security, and misinformation.

5 homes help to explain why people are so worried about Zillow

Zillow has taken a beating this week. An Insider analysis found that the company is selling many homes for much less than it paid.

Pro-crypto candidates seek an easier way to accept bitcoin, altcoins

Some campaigns say they want payment processors like WinRed and ActBlue to help them accept cryptocurrency contributions.

China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says

Chinese real-estate developer sent $83.5 million to the trustee for the dollar bonds, staving off a default

China Evergrande Makes Overdue Interest Payment on Dollar Bonds, State Media Says

Chinese real-estate developer sent $83.5 million to the trustee for the dollar bonds, staving off a default

Biden doesn't think people need to work to get child tax credit

Biden flatly responded "no" when asked if he backs a work requirement for the child tax credit, which provides monthly checks to families.

Alec Baldwin Shot Two People, Killing One, With Prop Gun on Film Set, Authorities Say

Halyna Hutchins, cinematographer, was killed, and director Joel Souza is being treated for injuries at a local hospital

Two People Shot on Set of Alec Baldwin Film ‘Rust’

A woman died after being taken by helicopter to University of New Mexico Hospital; a man was injured and taken to a hospital

Biden Could Use National Guard to Help With Supply Chain Bottlenecks

President says he will consider such a deployment if logistics problems persist

Is the ProShares Bitcoin ETF too popular?

ProShares Bitcoin ETF could soon run up against its futures contract-purchasing limits.

Apple lawsuits gender discrimination, ageism, pay disparity for women

Two women in separate lawsuits filed earlier this year allege illegal treatment in working for Apple based on their age and sex.

Anti-vax Republican Lauren Witzke says she is recovering from COVID-19

Lauren Witzke, the 2020 GOP candidate for US Senate in Delaware, told followers she had "lost all of my senses."

Congressional ethics investigators: 'Substantial reason' to believe Rep. Tom Malinowski violated STOCK Act

Malinowski is among 40 members of Congress found this year to have violated the federal STOCK Act.

Trump takes on all of Silicon Valley — by copying it

The ex-President is going after every major tech company. Does he have a shot?

Reef operated its ghost kitchens in New York City without permits

The ghost kitchen operator has agreed to cease operations for the time being as they seek compliance, a New York City health department spokesman told Insider.

Snap’s Stock Plummets as It Blames Apple’s Privacy Changes for Hurting Its Ad Business

Social-media company posts quarterly revenue and user growth but expects growth to slow

Why the FDA’s ruling on mixing and matching vaccines will help more people get boosters

The FDA permitting a mix-and-match vaccine booster approach increases access in three key ways: it allows people to get any booster that’s readily available to them, lets them choose which one they get, and reduces uncertainty about safety and efficacy.

House votes to hold Steve Bannon in contempt over Jan. 6 subpoena

The full House vote triggers a criminal referral to the Justice Department, which will decide whether to bring formal charges against Bannon.

Manchin tells Sanders he's okay spending nothing on Biden's agenda

Sen. Sanders wants to spend $3.5 trillion on Democrats' social spending bill, but Axios reported Sen. Manchin is okay with spending no money at all.

How Many Users Does Facebook Have? The Company Struggles to Figure It Out

Internal research finds that new users with multiple accounts are undercounted, ‘very prevalent’; some are unintentional

How Many Users Does Facebook Have? The Company Struggles to Figure It Out

Internal research finds that new users with multiple accounts are undercounted, ‘very prevalent’; some are unintentional

Fed Imposes New Restrictions on Officials’ Investment Activities

Rules prohibiting trading of individual stocks and bonds, when officials can buy diversified securities follow revelations of active trading last year as the Fed responded to Covid-19

Fed Imposes New Restrictions on Officials’ Investment Activities

Rules prohibiting trading of individual stocks and bonds, when officials can buy diversified securities follow revelations of active trading last year as the Fed responded to Covid-19

Elizabeth Holmes trial: prosecution produces a smoking gun

Daniel Edlin, a Duke grad and close friend of Elizabeth Holmes' brother, was the most damaging witness yet for the Theranos founder's defense.

Elon Musk Boring Company Las Vegas tunnel system gets go-ahead

The Boring Company's first major urban project will be a 29-mile-long network of tunnels serving 51 stations below the Las Vegas Strip.

CDC Advisers Back Moderna, J&J Covid-19 Booster Shots

Panel also supports mixing-and-matching approach; now it is up to the CDC director to sign off on the extra doses

Why Donald Trump’s media SPAC could be the ultimate meme stock

Trump looks to public market investors to back his yet-to-be-launched social media platform, the TRUTH social app. But for investors, even for a SPAC, there are a lot of red flags.

Democratic Voters Want Biden’s Big Spending Deal—and They’re Getting Impatient

Party lawmakers are still negotiating the scale of President Biden’s ambitious social-policy and climate package, while time and voter tolerance run short

I spent 5 weeks in COVID-era China, and here’s what I learned

There was lots of quarantining, market optimism, and worries about real estate.

Meet the exec who brought ‘Squid Game’ to Netflix

The Broadsheet, Fortune Most Powerful Women by Kristen Bellstrom, Claire Zillman, and Emma Hinchliffe

What Happened When United Stopped Trying to Predict the Pandemic

CEO Scott Kirby decided the airline couldn’t foresee when travel would rebound, instead forming a ‘bounceback team’ to map out slow, medium and fast rebound scenarios

What Happened When United Stopped Trying to Predict the Pandemic

CEO Scott Kirby decided the airline couldn’t foresee when travel would rebound, instead forming a ‘bounceback team’ to map out slow, medium and fast rebound scenarios

Royal Caribbean reveals 274-day world cruise, $61,000 starting price

Royal Caribbean's "Ultimate World Cruise," which is set to visit 65 counties, is scheduled to sail for the time from Miami in December 2023.

The Child Tax Credit could be Biden’s bipartisan silver bullet

Democrats fear that an ever-shrinking social safety net reaches fewer and fewer families in need, and Republicans worry that welfare benefits create dependence. Child Tax Credit is the solution.

House Votes to Hold Steve Bannon in Criminal Contempt of Congress

Former Trump adviser has refused to comply with subpoena from panel investigating Jan. 6 Capitol riot

With COVID patients gasping for breath, it’s time to close the oxygen gap

Low- and middle-income countries lack access to medical oxygen for treating COVID patients—a disparity that puts millions of lives at risk

Trump announces plans for new social media site in 2022

Trump said he created the app, which will launch first in the Apple App Store, to "stand up to the tyranny of Big Tech."

Trans organizer of Netflix protest says Ted Sarandos is 'out of touch'

Challenging Netflix co-CEO Ted Sarandos' remarks about the controversy over Dave Chappelle's special, rally organizer Ashlee Marie Preston said, "Perhaps some of the POC or marginalized folks around him don't understand intersectionality."

Facebook’s rebrand is ‘a strategy of last resort’

The social media giant is reportedly close to renaming its parent company to Meta, Horizon, or some other derivation of future.

Habitat for Vibrio bacteria that can cause severe infection is expanding

There's been a 56% increase in the coastal waters where bacteria that can cause severe infections thrive, according to a new report.

Backlog of cargo ships is drawing in fascinated tourists in Savannah

The ships are "so close that you can almost feel like you can reach out and touch them," said Visit Savannah president Joseph Marinelli.

FDA OKs boosters of Moderna & J&J COVID-19 vaccines

The FDA has authorized booster shots for Johnson & Johnson and Moderna's COVID-19 vaccines.

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