Former Google exec explains why he didn't use a SPAC to take his company Upstart public
"To me a SPAC feels like reaching the next level of a video game and handing the joystick to somebody else," said Upstart CEO Dave Girouard.
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SolarWinds hack has shaved 23% from software company's stock this week
The meltdown began on Dec. 13 when Reuters reported that hackers had gained access to email systems at government agencies via SolarWinds software updates.
Dr. Fauci says U.S. could return to normal by mid-fall if most people get Covid vaccine
Returning to normal will require somewhere between 75% and 85% of the population to get inoculated against Covid-19, Dr. Anthony Fauci told CNBC.
Powell says stock prices are not necessarily high considering the low level of interest rates
Low rates are helping justify an equity surge that has gone on largely unabated since the March pandemic crisis lows, Powell said.
Joe Biden says 'I am confident' Hunter Biden did nothing wrong, as son faces criminal tax probe
The Hunter Biden probe continues as Joe Biden prepares to enter the White House, and as President Trump mulls pushing for a special counsel to handle the case.
FDA authorizes Abbott's rapid $25 Covid test for at-home use
"FDA continues to authorize COVID-19 tests that will give more Americans access to greater testing flexibility and options," FDA Commissioner Dr. Stephen Hahn said.
Discount marketplace Wish slides after opening below IPO price in market debut
The opening trade was $22.75 per share, below its IPO pricing of $24 per share.
At-home Covid tests may be for sale at drugstores in February, says Ellume CEO
"We'll be shipping first product in the beginning of January," Ellume CEO Dr. Sean Parsons told CNBC.
Fed commits to keep buying bonds until the economy gets back to full employment
The Federal Reserve made a key adjustment in its efforts to support the economy, while upgrading its outlook for growth.
Twitter will label and remove misinformation about Covid-19 vaccines
Twitter on Wednesday announced that it will moderate and in some cases remove content that spreads harmful misinformation about the Covid-19 vaccines.
Antibody drugs used to treat Trump, others could cut Covid-19 hospitalizations by half, but they're not being used by the general public
Antibody drugs from Regeneron and Eli Lilly could reduce Covid-19 hospitalizations by 50 to 70%. Thousands of doses go out weekly, but they're not getting used.
Congress closes in on a $900 billion Covid relief deal as Americans await aid
The coronavirus relief deal would reportedly include direct payments but not liability protections or state and local relief.
Treasury yields rise after the Fed pledges to keep buying bonds
U.S. Treasury yields inched higher on Wednesday morning, ahead of the Federal Reserve releasing its economic projections later today.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policy-making meeting on Nov. 5.
Even without a stimulus deal, the Fed, which held interest rates near zero, can help everyday Americans. Here’s how
The Federal Reserve remains committed to providing financial help for those who are struggling amid the coronavirus crisis.
Climate change will be a 'really big' focus for ESG investors in 2021, market analyst says
Climate change will be one of the top trends to watch in the environmental, social and governance (ESG) investing sphere, says MSCI's Linda-Eling Lee.
Amazon streamed 4K video from a satellite with a prototype antenna for its Kuiper internet network
Amazon passed a critical early milestone in developing the hardware needed for its planned Project Kuiper satellite internet network.
MacKenzie Scott reveals she has given away nearly $4.2 billion in the last four months
Scott, the ex-wife of Amazon CEO Jeff Bezos, said she has donated to 384 organizations.
Secretary of State Mike Pompeo will quarantine after exposure to Covid
It was not clear when, where or with whom Secretary of State Mike Pompeo was exposed to Covid. A spokesperson said Pompeo has tested negative for the virus.
Prisoners have been excluded from Covid vaccine plans, and health experts are sounding the alarm
Health experts alike are deeply concerned about the notable absence of prison populations in existing vaccine guidance.
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