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It was a bumpy ride for US stocks on Monday as worries over a new variant of the coronavirus overshadowed the news of a second pandemic relief bill that was agreed to in Washington late Sunday. The market finished mixed, with the Dow closing 0.1%, or 37 points, higher, while the broader S&P 500 ended

So much for Tesla getting a bump on its first official day in the S&P 500. Shares of Tesla fell more than 6% Monday, dipping along with the broader market because of concerns about a new variant of Covid-19 and some disappointment over the relatively small stimulus deal reached in Washington. The Tesla sell-off accelerated

What started off as a meme-inspired parody cryptocurrency has now become the center of a series of tweets in a bitcoin sound-off from Elon Musk. The Tesla CEO tweeted some Bitcoin banter Sunday, including calling bitcoin BS. He shouted out Dogecoin in a tweet saying, “One Word: Doge.” The tweet sent shares of Dogecoin up

Tesla’s fortunes have made quite a journey since April 2018, when CEO Elon Musk posted a photo on Twitter of himself apparently asleep, lying on a Model 3, holding a ragged cardboard sign that read “Bankwupt!” “There are many chapters of bankruptcy and, as critics so rightly pointed out, Tesla has them *all*” Musk tweeted,

Despite the pandemic, 2020 was a landmark year for the commercial space industry. SpaceX became the first company ever to send humans to space aboard a privately owned spacecraft. The US government continued to work closely with startups and space businesses to put humans back on the Moon. And, helped by governments declaring them “essential

US stocks tumbled Monday as worries over a new variant of the coronavirus overshadowed the news of a second pandemic relief bill that was agreed to in Washington late Sunday. Stocks fell sharply at the opening bell and continued to trade in the red. The Dow sank 270 points, or 0.9% in the late morning,

Walmart is attempting to solve one of the biggest pain-points of online shopping — the dreaded return — with a new service. The retailer announced Monday that it will pick up items shipped and sold by Walmart.com from customers’ homes through a new partnership with FedEx. Walmart said the “incredibly convenient” option is free and

Investors had hoped to celebrate the moment US lawmakers agreed on a new stimulus package to help America’s ailing economy. Instead, the emergence of a new variant of the Covid-19 virus in the United Kingdom has sent markets plunging, as anxiety about the pandemic again comes to the fore. What’s happening: Over the weekend, the

Walmart is attempting to solve one of the biggest pain-points of online shopping — the dreaded return — with a new service. The retailer announced Monday that it will pick up items shipped and sold by Walmart.com from customers’ homes through a new partnership with FedEx. Walmart said the “incredibly convenient” option is free and

Apple has placed a second major supplier in Asia on probation after finding that the company delayed payments to workers — a breach that apparently spurred vandalism at a factory in India earlier this month. The Silicon Valley tech firm launched an investigation after local Indian media reported that workers vandalized an iPhone factory near

A meeting President Donald Trump held to discuss overturning the election result alarmed some White House staffers — people who are used to Trump’s inflammatory and anti-democratic rhetoric. With only a month remaining until President-elect Joe Biden will be sworn into office, Trump has been ramping up his efforts to remain president, while also trying

William Goldman, the famed screenwriter of classics like “Butch Cassidy and the Sundance Kid” and “All The President’s Men,” once said that “nobody knows anything” in Hollywood. If there was one quote that summed up the entertainment industry in 2020, that would be it. “This has been the craziest, most unpredictable and momentous year in

Governments are borrowing vast sums of money to cushion the blow to their economies from the pandemic. That’s given social bonds — which fund projects that address social issues such as unemployment or access to healthcare — a chance to shine. What’s happening: Social bonds have raised more than $163 billion this year, more than

Just hours after Jim Carrey said he would no longer play president-elect Joe Biden on “Saturday Night Live,” the NBC variety show introduced its new Biden. “SNL” castmember Alex Moffat took over the role of the former vice president on Saturday night. However, current Vice President Mike Pence, played by Beck Bennett, was center stage

Twitter has updated the warning labels it applies to election misinformation to reflect that Joe Biden is the president-elect, the company said on Saturday. Previously, Twitter’s labels said that claims of election fraud were “disputed.” The new labels say: “Election officials have certified Joe Biden as the winner of the U.S. Presidential election.” The fresh

Jim Carrey‘s short stint as Joe Biden has come to an end. Carrey will no longer play the president-elect on “Saturday Night Live,” the comedian announced on Twitter Saturday. “Though my term was only meant to be 6 weeks, I was thrilled to be elected as your SNL President…comedy’s highest call of duty,” Carrey tweeted.

Coronavirus has left no parts of life untouched, even fast food. The pandemic has shifted how people consume it, with the drive-thru getting a second breath of life and digital ordering becoming the norm. As a result, major chains have redesigned their restaurants to reflect the rapid change. They’re reinvesting in the exterior of stores,

The US government was rattled this week by a cyberattack that compromised a third-party software vendor’s systems and led to data breaches at several federal agencies, including the Department of Commerce, the Department of Energy and the Department of Homeland Security’s cyber arm. But the attack on SolarWinds, a firm that was far from a