A woman who accuses Democratic White House candidate Joe Biden of sexually assaulting her 27 years ago has called on him to quit the presidential race. In an interview, Tara Reade urged Mr Biden to “please step forward and be held accountable”. She added: “You should not be running on character for the president of […]
I have admired Uber Technologies, first as a passenger and an Uber Eats customer, and now as a shareholder for clients of my investment management firm. Our investment case for Uber UBER, +11.17% includes an appreciation for its wide moat — natural barriers that deter competitors. At the core of Uber’s business lies a two-sided […]
Uber Technologies Inc. admitted Thursday that the COVID-19 pandemic makes ride-hailing companies less valuable, but investors still added billions to Uber’s valuation anyway. Uber UBER, +11.17% reported a quarterly loss of nearly $3 billion Thursday afternoon, with roughly two-thirds of that loss resulting from a devaluation of its investments in Asian ride-hailing services Didi Chuxing […]
Prosecutor Brandon Van Grack on Thursday submitted a request to withdraw from the team prosecuting former national security adviser Michael Flynn. Lawyers for Flynn on April 24 claimed that Van Grack had made a “side deal” with Flynn’s former defense team not to prosecute Flynn’s son in order to pressure Flynn into pleading guilty to […]
The COVID-19 outbreak is driving big shifts in how consumers think about payments, and that’s affecting PayPal Holdings Inc. and Square Inc. differently. Both companies highlighted March weakness in their earnings reports Wednesday, but their shares headed in opposite directions in after-hours trading, as only one of the two had an April for the record […]
[unable to retrieve full-text content]Sonos Inc. fell short of expectations in the March quarter as COVID-19 outbreak forced the closure of physical stores toward the end of March and complicated inventory-rebalancing efforts at one of Sonos’ large retail partners.
Stimulus checks are already winding their way to millions of Americans. They’re a key part of the government’s $2.2 trillion CARES Act. That money can’t come soon enough for the nearly 30 million people who are out of work, and others worried about bills and rent due to the coronavirus pandemic. The Internal Revenue Service […]
Dear Moneyist, My ex-husband and I are court-ordered to rotate the years we claim our child’s tax credits, even though my child lives with him for less than half of the year. He doesn’t pay any of our child’s expenses, such as sports and equipment and school lunches. I have to furnish everything for both […]
President Trump said it’s possible people will die by reopening the economy, but on Wednesday he reversed his position on disbanding the White House coronavirus task force, tweeting TWTR, -1.38% Wednesday that it won’t be shelved by the end of the month as previously suggested, including by Vice President Mike Pence just a day earlier. […]
For months, the United States has been battling what has become the world’s largest and deadliest coronavirus outbreak. And for months, the U.S. has been telling itself a relatively simple, optimistic story about its struggle with the pathogen. The story goes like this: Yes, things got bad. But mostly they got bad in big, crowded, […]