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Category: Business

SpaceX announces first-ever all-civilian space flight crew

February 8, 2021February 2, 2021vfw11447org

Jared Isaacman, an entrepreneur behind a payment processing startup, is funding a multimillion trip to space aboard a SpaceX Crew Dragon capsule, which could be the first-ever orbital flight crewed entirely by non-astronauts. Isaacman, 37, said he will command the mission, which is slated for late-2021 and will see the spacecraft make a “multi-day” trip […]

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Lots of people moved out of New York and California in 2020. Here’s where they went

February 7, 2021February 2, 2021vfw11447org

When Mark Jenkins and Lori Crowell rang in 2020, they had no idea they’d be moving to another state before the end of the year. But then the pandemic hit and so much changed. “We thought about leaving Seattle the past couple years, but we weren’t ready,” said Jenkins. But when the pandemic made remote […]

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Robinhood CEO details 3:30 am call to put up $3 billion

February 6, 2021February 2, 2021vfw11447org

Robinhood received a startling 3:30 am call from its clearinghouse during last week’s Reddit-inspired market chaos asking for the free-trading app to put up a staggering $3 billion, co-CEO Vlad Tenev said Monday. “This was obviously nerve-wracking,” Tenev told Tesla (TSLA) boss Elon Musk during an interview on the platform Clubhouse.For context, Robinhood had raised […]

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US stocks try to recover from worst week since October

February 5, 2021February 2, 2021vfw11447org

US stocks started February on a better note, chipping away at some of the recent losses that turned the last week — as well as the last month — into the worst since October. After rallying all day, US indexes finished sharply higher. The Dow ended up 0.8%, or 229 points, while the broader S&P […]

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Silver is surging but users on WallStreetBets say they’re not behind the rally

February 4, 2021February 2, 2021vfw11447org

The silver market is the latest flashpoint in the Reddit mania that took over Wall Street last week. Silver futures surged as much as 13% to Monday, touching eight-year highs. That follows a 6% rally last week when some posts on the WallStreetBets group on Reddit called for betting on silver as a way to […]

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A 10-year-old investor made big bucks on the GameStop shares he got for Kwanzaa

February 3, 2021February 2, 2021vfw11447org

Jaydyn Carr was a GameStop shareholder long before the buying frenzy that sent share prices skyrocketing, and now the 10-year-old investor has cashed in, making almost $3,200. His mother, Nina Carr, said that she bought Jaydyn 10 shares of the company’s stock in 2019 as a Kwanzaa present, because she wanted to teach him about […]

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Facebook tries to remind users about benefits of data collection ahead of Apple privacy change

February 2, 2021vfw11447org

Facebook said Monday that it is testing a new pop-up alert for iPhone and iPad users that stresses the benefits of its apps collecting personal data. The test comes ahead of an Apple privacy change with the potential to upend the social network’s core business. Apple (AAPL) is set to introduce a new requirement for […]

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