Cuomo administration underreported nursing home Covid deaths by up to 50%, NY attorney general says
New York underreported Covid deaths in nursing homes by as much as 50%, according to a new report from New York Attorney General Letitia James.
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Republican Rep. Jim Jordan of Ohio will not run for Senate in 2022
Rep. Jim Jordan, a conservative Republican from Ohio, will not run for the U.S. Senate in 2022.
Treasury yields rise as stocks climb, US fourth quarter GDP released
U.S. Treasury yields rose on Thursday morning following the release of fourth-quarter gross domestic product figures.
Utah Jazz owner Ryan Smith made $153 million in Qualtrics IPO a day after his NBA team snagged first place
Qualtrics co-founder Ryan Smith celebrated his company's debut on the Nasdaq on Thursday, just hours after his Utah Jazz won their 10th straight game.
Qualtrics closes up 51% after debut, valuing cloud software vendor at $27.3 billion
Qualtrics had priced its shares at $30 a piece, just above its expected target range of $27 to $29 per share.
Azure cloud will pass Office to become Microsoft's biggest business next year, says analyst
If the estimate is correct, then it will have taken Microsoft 12 years to build Azure into its highest-performing business.
Comcast reports record internet customers, 33 million Peacock sign-ups for NBCUniversal
Comcast reported fiscal fourth-quarter results that beat analyst estimates on the top and bottom lines.
American, Southwest post record annual losses as industry recovery remains elusive
Airlines cap a horrible 2020 and expect a difficult start to 2021.
Pelosi says House will take first step toward passing Covid relief next week, with or without GOP
Pelosi said the House will pass a budget resolution to set up reconciliation, but she hopes to win GOP support for a coronavirus relief bill.
General Motors plans to exclusively offer electric vehicles by 2035
GM announced its "aspirations" Thursday as part of a larger plan for the Detroit automaker to be carbon neutral by 2040 in its global products and operations.
Biden signs orders reversing Trump policies on Obamacare and abortion
The latest moves add to the more than three dozen other presidential orders and memoranda Biden has signed in his first week in office.
Apple CEO links Facebook's business model to real-world violence
"If a business is built on misleading users, on data exploitation, on choices that are no choices at all, it ... deserves scorn," Tim Cook said.
American Airlines surges despite record annual loss as short sellers get squeezed
American Airlines is the most-shorted U.S. airline.
McDonald's earnings fall short, hurt by European lockdowns, but sees this year's sales topping 2019
Shares of McDonald's are about flat over the last year, giving it a market value of $161 billion.
Rockstar Energy to air its first-ever Super Bowl ad to introduce new branding under PepsiCo
Rockstar Energy will air its first-ever Super Bowl commercial to reintroduce the brand to viewers after its acquisition by PepsiCo last year.
U.S. economy closes out 2020 with lower than expected 4% gain
Full-year GDP declined 3.5%, the worst year for the U.S. since at least the end of World War II, as a pandemic-induced recession took hold in February.
Jobless claims rise less than expected at 847,000 first-time applicants
Economists polled by Dow Jones had expected first-time claims to total 875,000 for last week.
Apple reports blowout quarter, booking more than $100 billion in revenue for the first time
Apple reports a blowout first quarter, booking more than $100 billion in revenue for the first time.
Tesla Semi production on hold until company can make its own batteries
Elon Musk said Tesla won't mass manufacture its Semi, a heavy duty truck, until the company can produce high volumes of its own battery cells.
Stocks making the biggest moves in the premarket: American Airlines, GameStop, Apple & more
The stocks making the biggest moves in premarket trading include American Airlines, GameStop, Apple, and more.
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