Author: super@dmin
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Earnings Outlook: Abbott’s share price soared as COVID-19 testing demand surged. Here’s what that may mean for the company’s fourth-quarter earnings
Abbott’s stock hit a 10-year high of $141.46 in December.
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: Four AGs sue Google for allegedly tracking consumers without permission
The lawsuits from D.C., Indiana, Texas and Washington allege Alphabet Inc.’s Google deceived users from at least 2014 to 2019 by leading them to believe that turning off “location history” settings would stop tracking their whereabouts. The suits seek to stop Google from engaging in these practices and to fine the company.
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The Margin: Merrill Lynch advisor arrested, fired after calling teen smoothie shop worker an ‘immigrant loser’ and throwing a drink at her
‘Our company does not tolerate behavior of this kind,’ rep said about James Iannazzo, who worked as a Merrill wealth advisor for 26 years
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Deep Dive: Monday’s worst-performing stocks in the S&P 500 are down as much as 42% for 2022
The day’s big losers in the stock market included Moderna, Netflix, Nvidia and Tesla.
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The Fed: Americans plan to boost spending in 2022 — and not just because of inflation
American households plan to increase spending in 2022 thanks to rising incomes and an improving economy, but higher prices tied to rapid inflation is also a big factor.
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: SEC’s Gensler wants to regulate company cybersecurity policies
Securities and Exchange Commission Chairman Gary Gensler wants to leverage his agency’s regulatory powers to compel companies to disclose risks to their businesses from cyber attacks and to divulge incidents of cyber attacks to investors.
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Medill News Service: Bipartisan efforts mount to expand EV infrastructure in rural America
Reps. Abigail Spanberger and Tom Rice are trying to make it easier for rural residents to charge electric vehicles and farm equipment.
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Outside the Box: Responsible investing is less important than you think — but there’s plenty you can do instead
ESG investing isn’t the only way to make an impact
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Coronavirus Update: World could see end to ‘acute phase’ of pandemic this year if countries pull together to get vaccines to all, bolster testing and sequencing, says WHO head
The world could see an end to the “acute phase’ of the pandemic this year, the period in which it remains an international emergency, if countries pull together to get vaccines to those parts of the world that have not received them and bolster testing, sequencing and the monitoring of new variants.
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Market Extra: S&P 500 is close to a correction. Here’s the number it needs to avoid
Stock benchmarks on Monday head significantly lower, as investors brace for a Federal Reserve gathering early this week that could set the tone for the rest of 2022. Here’s the point at which the S&P 500 enters correction.