Americas

Tesla's (TSLA) skyrocketing share price has lifted Musk's wealth by more than 600%, according to the wealth report. Other big gainers include Amazon (AMZN) founder and CEO Jeff Bezos, whose wealth has climbed by more than $68 billion during the pandemic. Facebook (FB) co-founder and CEO Mark Zuckerberg is about $37 billion more wealthy than in mid-March. … [Read more...] about America’s billionaires have grown $1.1 trillion richer during the pandemic

The threats to big tech companies don't end there. Major platforms such as Amazon, Apple, Facebook and Google received a great deal of scrutiny last year over their dominance, with a House Democratic-led report finding that the companies enjoy "monopoly power." Facebook and Google are battling multiple lawsuits by federal and state officials, and Apple and Amazon have been hit by private antitrust lawsuits. All of those suits are expected to continue. … [Read more...] about What the Biden administration means for the future of Silicon Valley

A lingering question will be the U.S. position with regard to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a pact that creates a massive free trade zone in the Pacific region. Trump withdrew the U.S. from the accord, which had been largely negotiated by the Obama administration, a move that was supported by many Democrats.    … [Read more...] about On Key Biden Priorities, There is Room for Bipartisan Agreement, Experts Say

1 p.m. EST: White House press secretary Jen PsakiJen PsakiOn The Money: Senate confirms Yellen as first female Treasury secretary | Biden says he's open to tighter income limits for stimulus checks | Administration will look to expedite getting Tubman on bill Biden press secretary playfully accepts advice from 'Scandal' counterpart Overnight Health Care: Biden says anyone who wants vaccine may be able to get it by spring | Moderna says vaccine effective on variants, but tests booster shot | California lifts regional stay-at-home order MORE holds a press briefing. Livestream: https://bit.ly/3sTSdq2  … [Read more...] about The Hill’s 12:30 Report – Presented by Facebook – GOP senator retires

Alpha Global is affiliated with the UNI Global Union which is a labor union federation representing 20 million workers worldwide, including Amazon workers. Parul Koul, executive chair of the Alphabet Workers Union and a Google software engineer, said in a statement: … [Read more...] about Google Workers Announce International Union Alliance