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The American Petroleum Institute late Tuesday reported a decline in weekly U.S. crude supplies, but inventories of gasoline climbed sharply, according to sources. The API reportedly said domestic crude supplies fell by 1.1 million barrels for the week ended Jan. 7, while gasoline stockpiles saw a weekly increase of 10.9 million barrels and distillate supplies […]
According to former staff, around 100 people have already jumped ship from Microsoft to Meta alone. Meanwhile, Apple is offering generous bonuses to hold onto their workers. Employees from Microsoft and Apple are jumping ship to join Meta Platforms as the company sets its sights on creating the Metaverse. According to former employees of Microsoft […]
Biogen Inc. BIIB, +2.64% shares fell more than 6% in the extended session Tuesday after the Centers for Medicare and Medicaid Services, which oversees the Medicare program, said it plans to cover the biotech’s controversial Alzheimer’s drug Aduhelm and future others like it only in certain instances. CMS’s proposal is that Food and Drug Administration-approved […]
“Given the intensity of our work throughout the year, we think this is the best way to ensure our pace is sustainable for the long term,” said chief people officer L.J. Brock. 7933 Total views 62 Total shares Major U.S. crypto exchange Coinbase will be giving its employees one week off each quarter in 2022 […]
Redfin Corp. RDFN, +2.40% said late Tuesday it has agreed to buy mortgage lender Bay Equity Home Loans for $135 million in cash and stock. The San Francisco Bay Area lender is licensed in 42 states and employs about 1,200 people, Redfin said. “The acquisition accelerates Redfin’s strategy to become a one-stop shop for brokerage, […]
Oil prices raised their gains by about 2% in trading today, Tuesday, with US crude rising near $ 80, as investors regained some of their appetite for risk, in conjunction with the continued struggle by some oil producers to increase production. This comes at a time when the crude markets are awaiting clues from the […]