TOKYO — Nintendo Co.’s profit for the fiscal year that ended in March jumped 86% on healthy sales of its Switch handheld machine as people stayed home due to the pandemic, turning to video games for entertainment. Annual profit for the Japanese maker of Super Mario and Pokemon games totaled […]
Read moreHow Brex’s co-founders went from teens hacking iPhones and video games to running a $7 billion start-up
When Henrique Dubugras started getting legal notices about a video game that the then 14-year-old had hacked together and put on the internet for free – his own version of a popular Korean online roll playing game – his parents were not pleased. "I got these legal notifications saying I […]
Read moreAs small businesses recover from the pandemic, they face a new obstacle: finding workers
As small business owners try to recover and rebuild in the wake of the Covid pandemic, they face a new hurdle: a lack of workers. A March survey by the National Federation of Independent Business found that 42% of owners had job openings that could not be filled, a record […]
Read moreUS unemployment claims fall to a pandemic low below 500,000
WASHINGTON (AP) — The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign of the job market’s growing strength as businesses reopen and consumers step up spending. Thursday’s report from the Labor Department showed that applications […]
Read moreBank of England sees UK growth surging over 7% this year on Covid vaccine rollout
The BOE upgraded its 2021 growth outlook for the world's fifth-largest economy to 7.25%, slightly above analyst expectations and up from 5% as forecast in February. The brighter economic forecast comes as the country gradually emerges from lockdown and more people are vaccinated against Covid-19. The U.K.'s FTSE 100 gained […]
Read moreModerna says early data shows Covid vaccine is 96% effective in teens
Moderna said its Covid-19 vaccine is 96% effective in kids ages 12 to 17, according to early data released with the company's first-quarter earnings Thursday. The young biotech company, which turned its first quarterly profit ever, also said it plans to submit data on its vaccine for adults to the […]
Read moreEEOC chairwoman orders review of work climate in wake of USA TODAY probe. Employees are skeptical
The head of a federal civil rights agency has ordered a review of its Dallas district office following a USA TODAY investigation revealing widespread complaints of internal discrimination. “I plan to ensure that we get to the bottom of any allegations of mistreatment,” Charlotte Burrows, chairwoman of the Equal Employment Opportunity Commission, said in a statement. “And if there […]
Read moreOpinion: Two weeks ago, Yankees fans wanted him out of town. Now, Giancarlo Stanton is the team’s savior
NEW YORK — Two weeks ago, he was Jose Altuve in pinstripes. Giancarlo Stanton was booed. Mocked. And vilified. He was the man every New York Yankees fan loved to hate, and wanted out of town. Well, here we are Wednesday night at Yankee Stadium, and the big fella is […]
Read moreWhy Pause The J&J Vaccine? An Expert Explains The Decision
The decision by two key federal regulatory agencies to recommend a “pause” in using the Johnson & Johnson COVID-19 vaccine got everybody’s attention on Tuesday, especially since the progress had been so encouraging lately. The impetus for the recommendation was six reports of medical incidents among the more than 6 […]
Read moreAustralia braces for further backlash from China as it scraps Xi's signature project
Hong Kong (CNN Business)Wine and wheat. Lobsters and logs. Beef and barley. If Australia exports it, China has likely put up barriers to entry over the past year, as diplomatic relations between the two countries rapidly deteriorated. Now, one commodity is almost single-handedly keeping the trade relationship afloat: iron ore. […]
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