Author: super@dmin
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: Intel to build massive, $20 billion chip factory in Ohio: report
Time on Thursday night reported the chip maker plans to commit $20 billion to build at least two chip fabrication plants at a 1,000-acre site in New Albany, Ohio, outside Columbus.
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: Pelosi now says she’s open to banning stock trades by members of Congress
In a reversal from previous comments, House Speaker Nancy Pelosi said Thursday she was open to banning stock trades by members of Congress.
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MarketWatch First Take: Netflix admits that it is time to grow up, but Wall Street isn’t happy about it
The streaming giant Netflix Inc. is maturing, and the company appears to be finally recognizing that fact.
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: Peloton stock bounces back after CEO disputes reports of massive layoffs, production halts
Peloton Interactive Inc. shares bounced back in after-hours trading Thursday, after Chief Executive John Foley combatted media reports claiming a production halt and layoffs.
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Dow Jones Newswires: U.K. consumer confidence drops to nearly a year-low on inflation, omicron worries
British consumers turned more pessimistic in January as the spread of the COVID-19 omicron variant and high inflation weighed on households’ outlook of the economy and spending plans, according to a survey by the research firm GfK.
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: ‘Good luck! We’ll all need it’: U.S. market approaches end of ‘superbubble,’ says Jeremy Grantham
The U.S. is approaching the end of a ‘superbubble,’ potentially leading to the largest markdown of wealth in its history when pessimism returns to rule markets, according to legendary investor Jeremy Grantham.
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Personal Finance Daily: No, Wharton students, the average U.S. worker does not make $800,000 and $50 billion of student debt could be wiped away in bankruptcy, report says
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The Wall Street Journal: JPMorgan paid CEO Jamie Dimon a record $34.5 million last year
JPMorgan Chase & Co. is paying Chief Executive Jamie Dimon $34.5 million for a record-breaking 2021, $3 million more than he made in the previous two years.
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MemeMoney: On the 1-year anniversary of the big short squeeze, GameStop bulls tried to relive their first attack, and that’s the problem
Like Civil War re-enactors, but in this case clad in hoodies and wielding zero-commission apps, the Apes pushed the price of GameStop and tried to remind Wall Street to never forget.
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The Margin: Why this January may be the cruelest month yet for the booze business
The Dry January movement and dire health warnings about alcohol could be cutting into sales, and the COVID surge is already hurting bars and restaurants