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Biden will join the WHO-backed vaccine scheme, COVAX, which Trump claimed was 'China-centric' and refused to be a part of
1 month ago - By Business Insider
Summary List Placement President-elect Joe Biden will rejoin the World Health Organisation and its COVAX scheme, a global initiative that ensures equal distribution of COVID-19 vaccines.
Anthony Blinken, Biden's nominee for secretary of state, made the announcement Tuesday.
"We believe strongly that we can ensure that every American gets the vaccine, but also help make sure that others around the world who want it have access to it," Blinken told lawmakers Tuesday at his confirmation hearing.
Read more ...UnitedHealth Fourth-Quarter Net Earnings Fall 36%
1 month ago - By A.M. Best
UnitedHealth Group Inc.'s fourth-quarter net earnings fell to $2.35 billion as customers returned to seek services, and the company absorbed rising costs related to the COVID-19 pandemic, the company ...
Read more ...Buy This Hawaiian Utility Stock For 50% Gains?
1 month ago - By Forbes
There could be a sizeable upside to Hawaiian Electric Industries stock post the Covid-19 pandemic. Hawaiian Electric provides electricity to about 95% of the population of the state of Hawaii and also runs a banking subsidiary, American Savings Bank. The stock trades at about $34 currently and...
Read more ...Why Bill Gates is Wrong and Business Travel Won't Die in 2021 - PhocusWire
1 month ago - By Hotel News Resource
The COVID‐19 pandemic will no doubt drastically change the way business gets done moving forward, especially when it comes to travel. Microsoft co‐founder Bill Gates has even predicted that over 50% of business travel will go away permanently now that remote work and virtual meetings have become the norm.
Read more ...Corporate donations shouldn't be Band-Aids. Big bets on social enterprises will make more change
1 month ago - By Fast Company
Companies should think beyond charities when making their donations.
When the COVID-19 pandemic first hit, many business leaders started rethinking how their companies could serve the needs of society as a whole. And for many, that meant donating to relief organizations and charities: Seven in 10 U.S. corporate funders increased their charitable contributions in response to the pandemic.
Read more ...DTC furniture company Article saw 70% revenue growth in 2020 despite the pandemic. Its CEO says that owning its fulfillment and logistics operations was key
1 month ago - By Business Insider
Summary List Placement People have generally been spending a lot more time at home during the COVID-19 pandemic. And, some have looked around their space and decided it's time for a refresh.
For Canadian direct-to-consumer furniture company Article and its competitors, the pandemic refresh has been an opportunity.
Article is a private company and does not share specific sales figures. But in 2020, a year marred by the pandemic and its related logistics challenges , Article grew its revenue by 70% year over year and added more than 220,000 new customers across the US and Canada, the company...
Read more ...Del Taco targets Georgia growth, opening drive-thru-only restaurants
1 month ago - By Biz Journals
With Del Taco trending in a positive direction and an end to the COVID-19 in sight. The company is focusing on growing its footprint and updating its operational model for a post-pandemic world.
Read more ...China attracts flood of foreign direct investment amid Covid-19 pandemic
1 month ago - By RT
Foreign direct investment in China hit a record $144.37 billion in 2020, as the world's second-largest economy keeps on recovering from the Covid-19 pandemic, according to China's Ministry of Commerce.
The latest data released by the ministry shows that FDI saw a 4.5-percent year-on-year growth in dollar terms, and a 6.2-percent increase when expressed in yuan.
Foreign inflows into the country's service industry advanced 13.9 percent year on year, totaling $112 billion and accounting for nearly 80 percent of the entire FDI portfolio. Meanwhile, foreign investment in the advanced-technology...
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Google's move away from targeted advertising threatens to upend marketers'...
Summary List Placement Google sent shockwaves through the advertising industry on Wednesday when it announced that it would stop tracking individual users as they browse the...
SpaceX's Starship prototype flies to 32,000 feet and sticks the landing in...
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Walmart's mysterious new fintech startup just made some high-profile hires...
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UBS more than doubles its Tesla price target, citing huge upside in the...
Summary List Placement UBS more than doubled its price target for Tesla on Tuesday, from $325 to $730, while keeping its neutral rating, citing the electric car maker's...
Google ends sale of ads using individual web tracking data
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Stellantis CEO says 4th largest carmaker to be disruptive
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Here's what we know about when the 3rd stimulus check is coming
Summary List Placement A third stimulus check could be coming to millions of US households sometime in March. Congress is moving swiftly to approve the relief bill by March 14...
FuboTV stock falls 16% amid ballooning losses even as subscriber growth...
Summary List Placement Shares of FuboTV fell as much as 16% on Wednesday after the sports streaming company reported ballooning losses in its fourth-quarter earnings report...