“It shows the resiliency of corporate America and how they’ve been boosted by fiscal and monetary stimulus,” one analyst said.
Category Archives: business
Inside the Bezos exit: What Amazon workers think about the leadership shakeup
AWS workers praise the incoming CEO, Andy Jassy, although some remain concerned about work conditions.
After GameStop mania, regulators set to review what led to market volatility
“I hope there is an investigation. I want complete transparency,” said the head of one trading app.
Merck's Kenneth Frazier, one of just four Black Fortune 500 CEOs, to retire this summer
Frazier was the first to resign from Trump’s American Manufacturing Council after the former president’s supportive comments of white nationalist groups at the deadly protest in Charlottesville, Virginia, in 2017.
Weekly jobless claims fall to 779,000 vs. 830,000 expected; lawmakers close in on Covid relief
“The economy cannot fully reopen until the virus is wrestled to its knees,” said one economist. “We are in a race between the spread of more contagious variants of the virus, and reaching herd immunity.”
As Jeff Bezos pivots to rockets, will SpaceX's Elon Musk stay focused on Tesla?
From recalls to product launch setbacks, the California-based automaker is currently facing a number of challenges.
Janet Yellen calls top regulator meeting to discuss GameStop volatility
The meeting signals heightened concern about the volatility, just one week after Yellen was sworn in.
Jeff Bezos steps down as Amazon CEO
Andy Jassy, the chief executive of Amazon Web Services, will take over as CEO of Amazon.
Makeup company brings inclusivity to the cosmetics world
When entrepreneur KJ Miller couldn’t find a lipstick that matched her skin tone, she set out to make cosmetics for women across the color spectrum. What began as creating lipstick at home, Mented Cosmetics is now a nationwide business with over 80 types of products across 8 makeup categories, including lip, eye, and cheek complexion. (Visionaries is sponsored by Accenture)
Uber to buy alcohol delivery service Drizly for $1.1 billion
“Now Uber can deliver even more things,” Uber CEO Dara Khosrowshahi said Tuesday.