News
Payment tech company Marqeta files for $16bn IPO
Marqeta reported revenue growth in the first quarter of 123% to $108 million, while its net loss narrowed to $12.8...
Bitcoin extends losses after US seizes most of Colonial ransom
The world’s largest cryptocurrency slid 11% to a price of $31,629 Tuesday. Bitcoin’s price slipped again Tuesday after US officials managed...
Deutsche Bank warns of global inflation ‘time bomb’
In an out-of-consensus forecast, Deutsche Bank is warning of a potential crisis coming from inflation. Inflation is likely to persist...
Biogen faces questions over $56K-a-year price tag of newly approved Alzheimer’s drug
The biotech company’s price for the drug is higher than the $10,000 to $25,000 Wall Street analysts expected. Biogen is...
Canada’s economy lost 207,000 jobs in April
The country’s unemployment rate rose for the first time since the January lockdowns. Canada’s economy lost 207,000 jobs in April,...
Travel to rise 60% over Memorial Day weekend, says AAA
While road, rail, bus and air travel are all rebounding, numbers have not returned to 2019 levels. Travel is predicted...
US reports fewer than 1,500 cases per day, averages 1m daily vaccinations
More than half of Americans have received at least one dose of a vaccine and 42% are fully vaccinated. The...
Air Canada says executives giving back bonuses after criticism
Air Canada has announced that its senior executives have chosen to return their 2020 bonuses in response to a public...
FDA approves Biogen’s landmark Alzheimer’s drug
It becomes the first drug cleared by US regulators to slow cognitive decline in people living with Alzheimer’s in nearly...
US restaurants turn to on-demand hiring apps
With many restaurants struggling to find workers, some managers are embracing on-demand hiring apps to cover short-term staffing needs. The...
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