Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, October 3, 2019. Brandon Wade | Reuters Analysts are sounding off on Google‘s latest guidance on its promise to not use technologies that track people individually across the internet. Some analysts say
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chee gin tan | E+ | Getty Images The Small Business Administration on Wednesday released a new application and loan calculation formula for Paycheck Protection Program loans for self-employed and gig workers. For these small businesses, it will mean larger forgivable loan amounts going forward. The new PPP application for self-employed workers and sole proprietors
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Chinese tourists wear masks as protection from the pollution outside the Forbidden City during a day of high pollution in Beijing, China. Getty Images Sustainable investing is taking off in Asia-Pacific as institutional investors accelerated their environmental, social and governance (ESG) investments during the coronavirus pandemic last year. ESG investing prioritizes a company’s positive contributions
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Mortgage interest rates last week rose at the fastest pace in over a year, throwing cold water on already cooling demand. Total mortgage application volume was essentially flat for the week, rising just 0.5% according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan
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Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Chipotle Mexican Grill said Thursday that executive compensation will now be linked to hitting targets tied to the company’s environmental and diversity goals. The burrito chain is following in the footsteps of Starbucks and McDonald’s, both of which recently announced that performance for racial
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Senate Finance Committee Chairman Ron Wyden, D-Ore., speaks at a Senate Finance Committee hearing at the U.S. Capitol on Feb. 25, 2021. Tasos Katopodis | Getty Images News | Getty Images Senate Finance Committee Chair Ron Wyden, D-Ore., said Wednesday it’s a “prescription for trouble” to end jobless benefits for the long-term unemployed and gig
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CNBC’s Jim Cramer said Wednesday he anticipates a ferocious travel recovery from the Covid pandemic, a development that would have significant implications for companies with exposure to the industry and for the U.S. economy overall. “It’s going to be a boom here in this country, and I don’t think people are ready for it,” Cramer
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Starship prototype SN9 launches from the company’s development facility in Boca Chica, Texas. SpaceX SpaceX’s Starship prototype exploded shortly after landing for the first time following a high-altitude flight test on Wednesday. The cause of the explosion, or whether it was intentional, was not immediately clear. The company test flew Starship rocket Serial Number 10,
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U.S. President Joe Biden speaks during a bipartisan meeting on cancer legislation in the Oval Office at the White House in Washington, March 3, 2021. Alex Brandon | Pool | Reuters President Joe Biden on Wednesday slammed states that repealed Covid-19 restrictions on businesses and rescinded mask mandates for residents, calling the moves a “big
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Critics fear the Hong Kong government’s extradition bill would allow China to seize suspects in the territory to face trial on the mainland. The FT’s Asia Editor Jamil Anderlini explains why so many people took to the streets on Sunday to protest. Read more at https://on.ft.com/2VLufvl ► Subscribe to FT.com here: http://bit.ly/2GakujT ► Listen to
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A virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s. Christie’s From art to sports trading cards, people are spending millions of dollars on digital collector’s items. These crypto collectibles, known as NFTs, have exploded in popularity
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Author Joanne Lipman said that New York Gov. Andrew Cuomo’s recent reported behavior toward women feeds into institutional sexism and fuels the enormous disparities in pay, promotion, and opportunity.  “When we marginalize them [women], we don’t value them as much,” Lipman said on CNBC’s “The News with Shepard Smith.” “When we don’t value them as
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