Never miss a morning briefing. Subscribe today to receive our AM newsletter in your inbox. In news that should not surprise anyone, a new report The California Center for Budget and Policy believes that the loss of coronavirus-related jobs in the state is affecting women and people of color, and …
Read More »How do you get health care coverage if you lose your job?
CareerBuilder CEO Irina Novoselsky breaks down which industries are in greatest demand, including trucks, healthcare and technology. Tens of millions of Americans have joined the unemployment list in the past month, as the coronavirus pandemic forced an unprecedented shutdown of the nation’s economy, meaning that many workers likely also lost …
Read More »Report: Facebook pleaded with Trump to tone down George Floyd’s post
Facebook executives haggled with President Donald Trump over his May post on the George Floyd protests in which he said “when the looting begins, the shooting begins,” The Washington Post reported Sunday. Facebook agents called the White House and asked Trump to tone down the language or delete the post …
Read More »Dow futures are on the rise to start the week shortened by holidays, even as global coronavirus cases exceed 10 million
US stock index futures on Monday signaled a slightly higher open even as data over the weekend highlighted the persistence of the coronavirus at hotspots, including Florida, Texas and California, fueling concerns about economic prospects. Financial markets in the US will be closed on Friday in compliance with the July …
Read More »‘Berkshire Hathaway of our generation’: Billionaire investor Chamath Palihapitiya is modeling his firm on Warren Buffett’s company
Flickr / JD Lasica Venture capitalist billionaire Chamath Palihapitiya is modeling his Social Capital firm at Warren Buffett’s company. “My ambition is to be the Berkshire Hathaway of our generation,” said the president of Virgin Galactic in a recent Fortune interview. Palihapitiya hopes to make the Capital Stock public and …
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