Many businesses want their workforces back in force and healthy. According to Indeed, the number of open job postings requiring a COVID-19 vaccine was 34 percent higher than the previous month. The news comes as the delta variant of the virus is surging in many states across the U.S.,...
Google’s parent company, Alphabet, has reportedly exceeded the expectations of Wall Street analysts concerning its advertising growth. The company’s advertising revenue crushed expectations. For Q2 2021, the company’s revenue was estimated to be around $61.88 billion compared to the $56.16 billion that was anticipated. Google’s Cloud revenue was also better...
The Dow Jones Industrial Average closed higher than 35,000 for the first time in history on Friday. Its gains for the year are now over 14 percent higher, and on Friday, the Dow rose 238.20 points to 35,061.55. The blue-chip average had gains four days in a row. The Nasdaq...
Verizon and Mastercard have agreed to partner and offer 5G contactless payments to both consumers and businesses. The new alliance should have some of the innovations up and running by 2023 and enable the companies to digitize retail consumer spending further. Team members from both companies will work together...
Freelancers and contract and gig workers often miss out on finding affordable prescription medications because they don’t have a group health insurance policy to fall back on. But, things might change for the better due to a new partnership between GoodRx and DoorDash. The deal between the two companies...
Social media neighborhood app Nextdoor is going public. The company says a $4.3 merger deal with Khosla Ventures Acquisition Co II will help it to meet its objective to go public. Sarah Friar, Nextdoor CEO, said the deal would “bring in a lot of proceeds, $686 million of gross proceeds,...
According to Bloomberg, Victoria’s Secret is looking for investors who might be interested in funding a $500 million loan. The lingerie and beauty retailer wants to use the monies to fund its separation from the bath shop chain, Bath & Body Works. Both Victoria’s Secret and Bath & Body...
JPMorgan plans to acquire the British-based online wealth management firm Nutmeg. Neither party confirmed an amount agreed upon for the deal. But Nutmeg has more than £3.5 billion of assets under its management, making it one of the largest robo-advisement firms in the U.K. In U.S. dollars, Nutmeg’s assets...
The Water Resources Control Board of California has asked Nestle to cease its unauthorized diversions of spring water in San Bernadino’s forest due to the findings of a probe, which showed numerous violations contributing to depleting the resources there. The move comes as California...
A Warren Buffet-backed Chinese automaker, BYD, announced this week that its battery-powered passenger vehicles' sales reached 16,301 in March. That’s more than double the number of rival automakers, Nio and Xpeng’s March deliveries. Xpeng had 5,102 deliveries while Nio delivered 7,257 cars last month.