Daily News
Below please find daily updates pertaining to the latest in financial, business, and tax news:
Online Wall Street Journal News
Microsoft Executives Told Bill Gates to Stop Emailing a Female Staffer Years Ago
Mon, Oct 18, 2021Microsoft executives in 2008 discovered flirtatious emails between Bill Gates and a female employee that they deemed inappropriate, according to people familiar with the matter. They told the co-founder to stop and briefed some board members, who took no further action, the people say....
Lawmakers Question Whether Amazon Executives Misled Congress
Mon, Oct 18, 2021In a letter to Amazon CEO Andy Jassy, five members of Congress asked for “exculpatory evidence” to corroborate the sworn testimony offered by several company leaders, including founder Jeff Bezos....
Zillow Says It Can't Buy Any More Homes This Year
Mon, Oct 18, 2021The real-estate company said it was experiencing backlogs related to renovating the homes and that it faces constraints for on-the-ground workers....
Apple Unveils Redesigned MacBook Pro, New AirPods
Mon, Oct 18, 2021At the October “Unleashed” streamed event, the company revealed its newest high-end laptops and Apple-designed chips, along with a refresh of its standard earbuds....
Google CEO Sundar Pichai Calls for Government Action on Cybersecurity, Innovation
Mon, Oct 18, 2021Sundar Pichai said the U.S. government should take a more active role in policing cyberattacks and encouraging innovation with policies and investments....
Auto Supply-Chain Constraints Weighed on September's Industrial Production
Mon, Oct 18, 2021Disruptions from Hurricane Ida also contributed to last month’s 1.3% decline....
Foreign Investment Rebounds but Strained Factories Miss Out
Mon, Oct 18, 2021Overseas investment around the world surged in the first six months of 2021 as rich economies rebounded strongly, but fresh bets on manufacturing fell despite widespread signs that capacity isn’t up to meeting resurgent demand....
China's Economy Slowed Sharply in the Third Quarter
Sun, Oct 17, 2021China’s economy grew 4.9% in the third quarter from a year earlier, as power shortages and supply-chain problems added to the impact from Beijing’s efforts to rein in the real estate and technology sectors....
Yellen Says Debt-Limit Deal Will Keep Government Funded Through Dec. 3
Mon, Oct 18, 2021The Treasury secretary told Congress that it is imperative to increase or suspend the debt limit....
Warren Doesn't Receive Fed Trading Proposal as Requested
Mon, Oct 18, 2021Regional Federal Reserve Banks haven’t presented Sen. Elizabeth Warren with a plan to ban stock trading by senior central bankers as the Democrat from Massachusetts requested last month....