Month: July 2021

MicroStrategy CEO Michael Saylor on Friday defended his enterprise software company’s debt-financed purchases of bitcoin, telling CNBC he sees buying the cryptocurrency right now as comparable to investing in Facebook in the social network’s early days. “We’ve got $2.2 billion of debt and we pay about 1.5% interest, and we have a very long time
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When Jeff Bezos thanked Amazon customers for essentially paying for his first trip to space, he apparently wasn’t talking to Oliver Daemen, the Dutch teen who joined the billionaire on Blue Origin’s inaugural passenger spaceflight. That’s because the 18-year-old Daemen says he’s never actually ordered anything on Amazon before. Daemen, who became the youngest person
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Stefani Reynolds/Bloomberg via Getty Images The IRS began issuing another 1.5 million tax refunds this week to people who received unemployment benefits in 2020. That adds to the nearly 9 million refunds, worth about $10 billion, the agency sent since May. Funds delivered by direct deposit this week started hitting bank accounts on Wednesday, and
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Cavan Images | Cavan | Getty Images Covid-19 prompted many women to leave the workforce. That’s because many women were forced to choose between working and taking care of their children and families amid a pandemic often opted for the latter. The difference in earnings and career prospects can be seen immediately. And it could
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People exit the headquarters of the U.S. Securities and Exchange Commission (SEC) in Washington, D.C., May 12, 2021. Andrew Kelly | Reuters The Securities and Exchange Commission said Friday it will now require additional disclosures from Chinese companies seeking a listing on U.S. stock exchanges, following Beijing’s intensified crackdown on oversea share issuance. “In light of
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In this article QSR-CA Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York, U.S., November 6, 2019. Brendan McDermid I Reuters Restaurant Brands International on Friday reported quarterly earnings and revenue that topped Wall Street’s expectations, fueled in part by strong growth
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Frederic J. Brown | AFP | Getty Images It can literally pay to get a Covid vaccine in some places. Across the country, many states are offering lottery prizes to boost the number of residents who inoculate themselves against the virus. If you are among the winners, just don’t forget the taxman. “Generally, when people
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