Business

Venture capitalist Chamath Palihapitiya. Mark Kauzlarich/Bloomberg via Getty Images WASHINGTON – Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. During a 90-minute episode, Palihapitiya told co-host Jason Calacanis on their “All-In”
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In this article WMT A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart appears to be venturing into the metaverse with plans to create its own cryptocurrency and collection of non-fungible tokens, or NFTs. The big-box retailer
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In this article PTON Peloton Interactive Inc. stationary bicycles sit on display at the company’s showroom on Madison Avenue in New York, U.S., on Wednesday, Dec. 18, 2019. Jeenah Moon | Bloomberg | Getty Images Peloton is about to begin effectively charging customers more for its original Bike and Tread products, citing rising inflation and
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d3sign Robots want to be your next financial advisor. Not too long ago, that notion may have smacked of sci-fi whimsy — “Star Wars” cyborg C-3PO in a power suit on Wall Street, perhaps. But robots, or so-called “robo-advisors,” may soon manage more than $1 trillion of Americans’ wealth. These aren’t actually tangible robots; they’re
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Staff at CSL are working in the lab on November 08, 2020 in Melbourne, Australia, where they will begin manufacturing AstraZeneca-Oxford University COVID-19 vaccine. Darrian Traynor | Getty Images A researcher in Cyprus has discovered a strain of the coronavirus that combines the delta and omicron variant, Bloomberg News reported on Saturday. Leondios Kostrikis, professor
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In this article WBA A sign displays the types of COVID-19 vaccination doses available at a Walgreens mobile bus clinic on June 25, 2021 in Los Angeles, California. Mario Tama | Getty Images Walgreens Boots Alliance on Thursday exceeded analysts’ expectations for the fiscal first-quarter and raised its forecast for the year, as customers came
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Longtime technician Larry Williams believes the stock market may have a stronger 2022 than many Wall Street forecasts, CNBC’s Jim Cramer said Wednesday. “The charts, as interpreted by the legendary Larry Williams, suggest that inflation might cool down faster than most money managers anticipate, which would mean that 2022 … could be a much better
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In this article LUCD TSLA People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Electric vehicle maker Lucid plans to start selling its cars in Europe this year. The California-headquartered firm, which competes with Tesla, announced
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Teladoc Health: “Too much competition in that business. Don’t want to own it.” Qualtrics International: “This company had a major upside surprise. It’s doing incredibly well, but the valuation is such that people don’t want to own it until they start making money.” Otter Tail Corp.: “People like it. I like American Electric Power, but
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