The Economics
Search, Explore, Discover
Sunday, Jan 16, 2022
The Economics
Add Your News
Thieves Raid Amazon, FedEx Train Cargo, Leave Empty Packets On Tracks
The thieves wait until the long freight trains in Los Angeles are immobilized, then they climb onto the cars, break the locks with bolt cutters, and help themselves to the parcels they want, ditching thousands of other products on the tr...
Suit Says Google, Facebook Bosses Made Illegal Deal To Dominate Ad Market
"Google CEO Sundar Pichai also personally signed off on the terms of the deal," the anti-trust lawsuit said regarding an allegedly illegal 2018 deal by top bosses of Google and Facebook.
Czech regulators tread softly on crypto oversight
A buzzy crypto startup is raising questions on whether it can back up the hype.
Why are people quitting their jobs in record numbers?
Millions of mainly young people around the world are rethinking the way they work and live.
London Stock Exchange proposes special listings for private companies
The London Stock Exchange Group has proposed a special market for private companies to trade their shares publicly on the exchange on certain days, The Wall Street Journal reported on Saturday, citing a person familiar with the matter.
Will blockchain fulfil its democratic promise or will it become a tool of big tech?
Engineers are focused on reducing its carbon footprint, ignoring the governance issues raised by the technology
EU airlines seek landing slots relief to avoid 'ghost flights'
The emergence of the omicron variant has slowed air travel on an already weak winter demand, leaving some carriers to experience nearly empty flights. Some EU airlines are hoping for relief from the European Commission.
From Pandemic to Endemic: The Omicron Shift in Europe to learn to live with the virus just as any other virus
A number of governments have changed their approaches to the coronavirus, to one that is more like how we treat the flu. Public health experts say it’s too soon to make that call.
Pandemic to endemic? Moderna chair says it could happen this year
Moderna co-founder tells Bloomberg News that 2022 may be the year the pandemic enters the endemic phase.
Investors riding the NFT craze are facing billions in taxes
The NFT market has ballooned to $44bn, Chainalysis data shows, and rules about taxing the tokens are not clear.
China’s Gen Z overconfident and thinks West is ‘evil’, top academic says
Lecturers should help students recognise diversity and hone critical thinking, Yan Xuetong says, cautioning against nationalism driven by key opinion leaders.
Global crypto funds post sharp gains in 2021 -BarclayHedge
Global cryptocurrency funds racked up steep gains last year after most digital currencies soared in price, led by bitcoin and ether amid strong institutional interest and greater acceptance from regulators worldwide, according to Barclay...
Crypto-skeptical country eyes state-run NFT industry
China pursuing use of blockchain and NFTs that is entirely separate from cryptocurrencies
YouTube rich list: MrBeast was the highest-paid star of 2021
Jimmy Donaldson, the 23-year-old American better known as MrBeast, was YouTube's highest-earning content creator in 2021, according to Forbes.
North Korea hackers stole $400m of cryptocurrency in 2021, report says
North Korean hackers stole almost $400m (£291m) worth of digital assets in at least seven attacks on cryptocurrency platforms last year, a report claims.
"No Way To Censor": How Africa's WhatsApp-Only Newspaper Went Viral
Even though it's published as a PDF file and distributed on WhatsApp, The Continent feels like an old-fashioned newspaper: Catchy headlines, short stories, reported pieces and interviews.
New York Apartment Sells For $190 Million, Double Its Price 2 Years Ago
The seller, scandal-tainted American billionaire Daniel Och, bought the apartment only two years ago for half the price at $93 million, making one of the most expensive sales in New York real estate history.
US politicians make a fortune from trading stocks in office. It’s time they were stopped
Media reports have revealed how amazingly successful members of Congress are at investing, with a series of uncannily well-timed trades of stocks just before key legislation is passed. This crazy conflict of interest has to end.
Sundar Pichai Hints At Bringing Back Google Employees Into London Office
Google Office Reopening: Sundar Pichai said he was excited that Google was purchasing its Central Saint Giles office in London
Assets of world’s largest investment manager hit record $10trn
The New York-based multinational has been propelled thanks to a surge into ETFs
Philippines Cancels Online Classes "To Ease Burden" On Students, Teachers
Covid In Philippines: Thousands of teachers and students have been infected with Covid-19, according to the Alliance of Concerned Teachers
Jailed 'Pharma Bro' Martin Shkreli ordered to repay $64m
Martin Shkreli, the former drug firm executive who ordered dramatic price hikes of a life-saving medicine, has been barred from the industry for life.
Tesla starts accepting once-joke cryptocurrency Dogecoin
Tesla, the electric carmaker headed by billionaire Elon Musk, has started to allow people to buy brand merchandise using Dogecoin, a cryptocurrency initially started as a joke.
Meta faces billion-pound class-action case
Up to 44 million UK Facebook users could share £2.3bn in damages, according to a competition expert intending to sue parent company Meta.
Russia takes down high-profile hackers
REvil group that hit US software firm last year taken down at Washington's request
Facebook lawsuit: 44 million UK users seek $3.2bn in compensation
Competition law expert Liza Lovdahl Gormsen has launched a class-action lawsuit against Facebook’s parent firm, Meta.
Is the Big Apple about to become the US' latest crypto hub?
Eric Adams, a Bitcoin-enthusiast, has pledged to turn New York into a crypto hub.
‘More than a job’: the food delivery co-ops putting fairness into the gig economy
Across Europe, worker-led delivery collectives are springing up to reclaim control from corporate platforms
Europe’s top carmaker doubles EV sales, Tesla still out of reach
Volkswagen sold nearly 500,000 electric cars in 2021, Musk’s company sells more than twice as many
CEO reveals what she used embezzled $15mn for
The millions were pocketed to fund her lavish lifestyle, court documents reveal
Facebook loses attempt to dismiss antitrust lawsuit demanding it sells WhatsApp and Instagram
The case is one of the most significant in the US government's ongoing efforts to rein in the perceived power and market dominance of the big technology companies.
Visa announces plans on e-money
Payments giant teams up with blockchain firm to help create tech framework for CBDCs
UK explains why e-pound launch is risky matter
Lawmakers blast prospect of e-pound use by ordinary Brits, but say it could work for corporate transactions
Crypto-friendly govt incurs first crypto losses
The Central American country was world’s first to adopt Bitcoin as legal tender
Bitcoin’s role in ‘digital asset revolution’ predicted
Crypto assets are no longer on the fringe of the financial system, says the IMF
Teenager says he remotely hacked into more than 25 Teslas
The 19-year old security researcher said the software flaw he exploited was not within Tesla’s software or infrastructure.
Struggling to get recruits, US Army raises enlistment bonus
Maximum payout for new troops is being raised to $50,000 in hopes that extra cash will help get critical jobs filled
Pandemic reversing improvements in wealth inequality, World Bank says
Temporary reprieve from surge in inequality erased by Covid-19 policies
Politicians, judges, and TV reporters seen as least ethical – poll
Teachers, nurses, and military officers are among the most trusted
Fewer US remote workers feel comfortable returning to office
Morning Consult’s weekly tracker saw a sharp spike in the share of workers who feel uneasy about returning to the office as Omicron infections spread.
Quebec tax on unvaccinated may be lawful but sets risky precedent - experts
A proposal by Quebec to tax unvaccinated people may be lawful but may also go against the spirit of Canada's universal public health system, rights and medical experts said on Wednesday.
EU's von der Leyen in new push for women's quota on company boards
European Commission President Ursula von der Leyen will make a new push at boosting women's representation on companies' boards, trying to unblock legislation for a women's quota which has been stuck since 2012.
U.S. consumer prices post biggest rise in nearly 40 years; inflation close to peaking
U.S. consumer prices increased solidly in December as rental accommodation and used cars maintained their strong gains, culminating in the largest annual rise in inflation in nearly four decades, which bolstered expectations that the Fed...
Facebook judge rejects argument for FTC chair's recusal: 'Courts must tread carefully'
Deference to the president’s power to pick the heads of federal agencies won out over potential concerns about the appearance of impartiality in a ruling on Tuesday in the U.S. Federal Trade Commission’s antitrust case against Facebook Inc.
Russian lender TCS buys Swiss crypto services firm Aximetria
Russian lender TCS Group Holding (TCSq.L) has bought Swiss crypto services company Aximetria from venture capital firm Digital Horizon, the companies said on Wednesday, as the bank steps up its international expansion.
Crypto expert says US government will have to 'play along' with Bitcoin
Bitcoin investors claim crypto has ability to reach $100K in 2022
Insurer Zurich could exceed 2022 financial targets, says CEO
Zurich Insurance (ZURN.S) could exceed its targets for the 2022 financial yearas the business has performed well during the COVID-19 pandemic, CEO Mario Greco said on Wednesday.
Exclusive: Morgan Stanley to award 20% bonuses to top performers
Morgan Stanley (MS.N) will raise its annual bonus for top-performing staff on Thursday by more than 20%, people with direct knowledge of the matter said, with a dealmaking boom to usher in bumper payouts by banks this year.
Load More
×
The Economics
Add Your News
×
