Monday, October 25th, 2021

Category: Recommended

The Fed announces plans to sell off its corporate bond holdings.

The Federal Reserve’s first-ever foray into the corporate bond market will come to a final close in coming months, with the central bank announcing Wednesday that it will sell off its exchange-traded fund investments...

Exxon says activists pushing cleaner energy won a third seat on its board.

Activist investors who dealt a stunning defeat to Exxon Mobil last week secured a third seat on the company’s board on Wednesday when the oil giant announced updated results of a shareholder vote. The...

South Street Seaport transformation continues with Carne Mare

South Street Seaport’s effort to transform itself from a rowdy tourist destination to an actual hot spot will continue this month with the planned opening at Pier 17 of a new eatery by Michelin-rated...

Elliott Management owns big Dropbox stake, holds discussions

Activist investor Elliott Management owns a large stake in Dropbox and has been holding private discussions with the file-sharing service provider for some time, a source familiar with the matter said on Wednesday. The hedge fund owns...

Broadway Theater Owner Cited by OSHA in Stagehand’s Fatal Fall

Federal regulators have cited the Shubert Organization for four serious workplace safety violations and proposed a fine of $45,642 in connection with the death of an employee who fell from a ladder while working...

Production resumes at meat plants after a cyberattack.

Production began to resume at nine beef plants in the United States on Wednesday after a cyberattack on the world’s largest meat processor forced them to shut down a day earlier. Union officials said...

Can virtual reality help seniors? Study hopes to find out

POMPANO BEACH, Fla.— Terry Colli and three other residents of the John Knox Village senior community got a trip via computer to the International Space Station in the kickoff to a Stanford University study...

Amazon backs effort to legalize pot, drops weed testing for some jobs

Amazon is throwing its weight behind federal pot legalization. The Jeff Bezos-owned e-commerce giant announced its support for a proposed bill to legalize marijuana across the US — and said that it will no...

Harvard scientist advocates for more funding into alien life, UFO research

The government should be stowing away more money to look into the presence of extraterrestrial life, Harvard University professor and astrophysicist Avi Loeb argued Tuesday on “Fox News Primetime.” Loeb explained that the scientific...

Tech workers are leaving San Francisco, NY for Austin and Nashville

Tech workers are fleeing San Francisco and New York for cheaper cities, but Miami isn’t a big destination, according to new data. Austin, Texas, saw the largest influx of tech workers during the pandemic,...