 | | | | At a packed Miami conference in June, Jack Dorsey, mused in front of thousands of attendees about where his real passion lay: "If I weren't at Square or Twitter, I'd be working on bitcoin." | | | | | | Wall Street's main indexes closed lower on Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank would consider speeding up its withdrawal of bond purchases as inflation risks increase, piling pressure onto a market already nervous about the latest COVID-19 variant. | | | | | | Salesforce.com Inc promoted Bret Taylor to co-Chief Executive Officer on Tuesday, and forecast first-quarter revenue that fell below Wall Street's expectations. | | | | | | Wall Street's main indexes fell more than 1% on Tuesday after Federal Reserve Chair Jerome Powell signaled that the U.S. central bank would consider speeding up its withdrawal of bond purchases as inflation risks increase, piling pressure onto a market already nervous about the latest COVID-19 variant. | | | | | | The World Health Organization warned countries on Tuesday not to impose blanket travel bans over the new Omicron coronavirus variant as governments and scientists tried to figure how much protection current vaccines would offer against the strain. | | | | | | Global stock benchmarks and oil prices fell sharply on Tuesday after drugmaker Moderna warned that existing vaccines are unlikely to be as effective against the new coronavirus variant, spurring investors to pile into safe-haven assets such as government bonds and the yen. | | | | | | Exxon Mobil will brief Wall Street on Wednesday on its future spending plans, with investors looking for how it will balance oil and low-carbon initiatives without compromising shareholder returns. | | | | | | The emergence of a worrisome coronavirus variant is benefiting shares of vaccine makers Moderna Inc , BioNTech and Pfizer as investors search for winning bets in markets roiled by uncertainty in recent days. | | | | | | The chair of the U.S. Senate Commerce Committee, concerned about worker shortages at airlines that received billions of dollars in government assistance, has invited CEOs of seven major U.S. carriers to testify at a Dec. 8 hearing, airlines and a committee official told Reuters. | | | | | | Renault said on Tuesday that its yet-to-launch recycling business could generate an extra one billion euros ($1.13 billion) in revenue by the end of the decade. | | | | | |
