NEW YORK (AP) — When every investment around the world seems to be flourishing, it’s easy to get swept up in the excitement of making a quick buck. Did you see bitcoin has roughly doubled in 2021? And GameStop is up more than 750%? Even vanilla S&P 500 index funds are coming off their best […]

NEW YORK (AP) — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its greatest runs. On March 23, 2020, the S&P 500 fell 2.9%. In all, the index dropped nearly 34% in about a month, wiping out three years’ worth of gains for […]

CALIFORNIA (JNS) — Google announced on Monday that it’s appointing Uri Frank as vice president of engineering to lead a team developing server chips in Israel. Google stated that it seeks to develop systems on chip (SoC), where “multiple functions sit on the same chip or on multiple chips inside one package, instead of motherboards,” […]

Boeing Co. reported a wider than expected first-quarter loss on Wednesday, although revenue met Wall Street forecasts as the company generated cash by delivering more new airliners than it did a year ago. Boeing lost $561 million — or $537 million after accounting for a loss attributable to a noncontrolling interest — as the coronavirus […]

BERLIN (AP) — A German software developer who made a fortune from bitcoin has given the environmentalist Green Party one of the biggest political donations in the country’s history in hopes it will win this year’s national election — and consider banning the digital currency. Moritz Schmidt’s donation of 1 million euros ($1.2 million) to […]

NEW YORK (AP) — Stakes are rising in Massachusetts’ legal battle against Robinhood Financial, and regulators are asking for the popular trading app’s brokerage registration to be revoked, which would effectively bar it from the state. Robinhood, meanwhile, calls the complaint brought by Secretary of the Commonwealth William Galvin’s office elitist and based on a […]

NEW YORK (AP) — It’s time to show the receipts, CEOs. For more than a year, investors have been pushing up stock prices, even though the pandemic caused profits to crater for companies. With COVID-19 vaccines going into arms and businesses reopening, investors want to see that faith rewarded with some proof of fat profit […]

NEW YORK (AP) — After a union battle at an Alabama warehouse, Amazon founder Jeff Bezos acknowledged that Amazon has to do better for its workers and vowed to make Amazon a safer place to work. Bezos made the promise Thursday in his annual letter to shareholders. He said he didn’t take comfort in the […]

NEW YORK (AP) – Coinbase made a rousing debut on Wall Street, with the digital currency exchange’s first trade of $381 giving it a market value of $100 billion. The company’s listing on a public stock exchange is seen by some as an inflection point for digital currencies, as Coinbase’s fortunes are closely tied to […]

NEW YORK (AP) — Microsoft, on an accelerated growth push, is buying speech recognition company Nuance in a deal worth about $16 billion. The acquisition will get Microsoft deeper into hospitals and the health care industry through Nuance’s widely used medical dictation and transcription tools. Microsoft will pay $56 per share cash. That’s a 23% […]