E-commerce platform Shopify (SHOP) joined the $1,000 per share club last week, symbolically reaching the landmark on Canada Day. The Ottawa-based company has delivered a strong performance in 2020, with shares up by a remarkable 159% year-to-date. Given this impressive rally, should investors reduce exposure to the e-commerce highflyer?No, is the succinct an […]
Category Archives: Business
Mike Pompeo says US looking at banning Chinese social media apps, including TikTok
US Secretary of state Mike Pompeo said that the US is “certainly looking at” banning Chinese social media apps, including TikTok. Meanwhile, the short-video sharing platform said it will exit the Hong Kong market within days as other technology companies including Facebook Inc have suspended processing government requests for user data in the regio […]
Eurozone recession ‘will be deeper than forecast’
France, Italy and Spain will be hit particularly hard by the Covid-19 pandemic, the EC says
There’s a direct link between income and happiness, and lower-income white Americans have gotten sadder since the 1970s — setting up Gen Z for unhappy times to come
A report found a linear relationship between happiness and income — meaning that money may actually buy happiness. Lead author Jean Twenge told Business Insider that there is no tapering off of happiness once someone reaches a particular income. For adults of low socioeconomic status (SES), happiness levels differed along racial lines; white SES adults found […]
What the chancellor's summer update could mean for you
Today’s statement could not be more important so here are some of the predictions for what it might contain. And what it probably won’t
Facebook, Google suspend processing Hong Kong government data requests
Facebook Inc, Google Inc and Twitter Inc suspended processing government requests for user data in Hong Kong, they said on Monday, following China’s establishment of a sweeping new national security law for the semi-autonomous city. Facebook in a statement said it was pausing reviews for all of its services “pending further assessment of the Nation […]
Trump’s renewed effort to dismantle Obamacare is particularly cruel during the pandemic
The Trump administration recently argued before the Supreme Court in favor of repealing the entirely of the Affordable Care Act, also known as Obamacare. This would remove an estimated 20 million people off their health coverage, which is an especially dangerous move considering that the country is in the midst of a pandemic and millions of people are losing […]
Coronavirus: Workers to pay tax on tests by their employer
Covid-19 tests are classed as a benefit, which means staff face a mounting tax bill, say critics.
Niner—Slogan “Pedal Damn It!—Introduces First E-Bike
Niner—famous for its pedalling slogan— introduces its first pedal-assist e-MTBs.
LIVE UPDATES: Follow the results of New Jersey’s congressional primaries
New Jersey is holding primary elections in all of its congressional districts on Tuesday, July 7. The biggest races to watch are the Democratic primary to face Rep. Jeff Van Drew in New Jersey’s second district, and the Republican primary in the third district to face vulnerable Democratic Rep. Andy Kim. Due to the COVID-19 pandemic, New Jersey is hold […]
Marotta Giving Martinez Space For Peace Of Mind
Inter Milan chief Giuseppe Marotta believes Lautaro Martinez needs peace of mind to recall his old form for the remainder of the season.
Deutsche Bank fined $150 million for relationship with Jeffrey Epstein, other lapses
New York regulators faulted the German bank for what it called a series of procedural failures and mistakes in its handling of the billionaire investor’s accounts.
UK house prices in longest decline since 2010 after four consecutive monthly falls
Average sale price dips 0.1 per cent in June as housing market recovers slowly from impact of coronavirus lockdown and fears over economy
Ford revives Bronco brand, aims at Jeep’s big off-road sales
Ford is reviving the Bronco SUV brand in an effort to cash in on the rugged U.S. off-road vehicle market now owned by Jeep
Why Did Milton Berle Get Banned From ‘SNL’?
The comedy legend didn’t understand two basic principles of leadership.