Wednesday, 12 August 2020

Mozilla Firefox parent lays off 250 employees, refocuses business beyond browser

Homes, offices adding more privacy amid coronavirus FOX Business’ Lauren Simonetti reports on homes and offices having more private spaces following the coronavirus outbreak and the rise of social distancing and working from home. Mozilla Corporation, best known for its popular Firefox web browser, will lay off about 250 employees…

Joe Biden keeps this simple comic strip on his desk — here's what it says

Former Vice President and presumptive Democratic presidential nominee Joe Biden announced Sen. Kamala Harris of California as his running mate on Tuesday. Biden's announcement also drew interest for other reasons, particularly after his campaign released a photo of the moment. The image revealed a framed comic, one that had a…

Harlem development boom to bring new Target to 125th Street

Shrugging off gloomy predictions about the city’s future, big-league developers on Monday unveiled plans for transformative new projects on Harlem’s famed 125th Street, including a new Target. The deals — remarkable strokes of confidence in the midst of the COVID-19 pandemic — aren’t long-range pipe dreams either, but fully financed…

Healthcare IPOs For August 6

In the healthcare sector, 14 companies made their debut on the NASDAQ last month. Let’s take a look at the U.S. healthcare IPOs scheduled for tomorrow (August 6). 1. Acutus Medical Inc. Carlsbad, California-based Acutus Medical is scheduled to go public on the Nasdaq Global Select Market under the symbol…

American Express looking to buy small business lender Kabbage: report

Coronavirus-hit small businesses have resources beyond just PPP: Expert Small business expert Gene Marks on resources and loans for small businesses and the ongoing conversation about loan forgiveness amid the coronavirus outbreak. American Express may soon expand its roster of small business clients as the company is reportedly in talks…

Jim Cramer says it's time to swap pandemic plays for the recovery stocks

CNBC's Jim Cramer on Tuesday advised investors that it's time to lock in the gains from the run in the pandemic plays and get more exposure to the recovery Cramer, who crafted the Cramer Covid-19 Index of 100 stocks he projected would benefit from the lockdown environment, signaled that he's…