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Microsoft, Google have nasty exchange over Journalism Competition and Preservation Act

Microsoft, Google have nasty exchange over Journalism Competition and Preservation Act

BMO Capital Markets chief investment strategist Brian Belski on his outlook for the big tech stocks. and are going head-to-head over new, that would help digital media companies and newspapers negotiate with  companies.The Journalism Competition and Preservation Act, which has been introduced in the House and Senate, would allow small news organizations to negotiate fees with the Big Tech companies of the world -- like Google and Facebook -- that share their content for free.TickerSecurityLastChangeChange %ALPHABET, INC.2,050.00-50.54-2.41%MICROSOFT...

March 12, 2021
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$15 minimum wage loses eight Democratic votes in Senate

$15 minimum wage loses eight Democratic votes in Senate

Senate  lost eight votes in its caucus for the  proposal, bringing the total votes in favor of the amendment to 42-58 when it needed 60 to pass. Democratic Sens. Tom Carper of Delaware, Chris Coons of Delaware, Maggie Hassan of New Hampshire,  Joe Manchin of West Virginia, Jeanne Shaheen of New Hampshire, Kyrsten Sinema of Arizona and Jon Tester of Montana voted against the proposal. Sen. Angus King of Maine, who is an Independent but caucuses with the Democrats, also voted against the measure.Senate Parliamentarian Elizabeth MacDonough last...

March 5, 2021
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Robinhood expands trading restrictions to 50 stocks

Robinhood expands trading restrictions to 50 stocks

Scott Martin of Kingsview Wealth Management and Future File legacy planning system creator Carol Roth provide their insights into how Wall Street and Robinhood have reacted to the Gamestop short squeeze.  has expanded its restrictions from 13  on Thursday to 50 on Friday afternoon.Continue Reading BelowSecurities on the range from Starbucks to Rolls-Royce as the mobile brokerage app confronts high trading volume from last week into the weekend.TickerSecurityLastChangeChange %STARBUCKS CORPORATION96.81-1.34-1.37%n.a.n.a.n.a.n.a.Robinhood pointed Fox Business to a Friday  for...

January 30, 2021
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Biden ending Keystone pipeline would kill thousands of American jobs

Biden ending Keystone pipeline would kill thousands of American jobs

The  administration shutting down construction of the pipeline, which some scientists argue contributes to , could end thousands of American construction . on President-elect Joe Biden's first day in office, after the Trump administration spent four years trying to further  of the , 1,200-mile pipeline that would transport up to 830,000 barrels of crude oil daily from Alberta, Canada, to Nebraska.An Keystone pipeline currently transports oil from Alberta to Illinois and Texas. According to the Keystone XL , the project, initially proposed more...

January 19, 2021
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Apple and Google suspend Parler from their app stores

Apple and Google suspend Parler from their app stores

Apple suspended  from its Saturday after the "unbiased social media" app surged to the No. 1 spot in the free apps section earlier in the day. Ticker Security Last Change Change % n.a. n.a. n.a. n.a. ALPHABET INC. 104.32 -6.54 -5.90% "We have always supported diverse points of view being represented on the App Store, but there is no place on our platform for threats of violence and illegal activity," an Apple spokesperson said in a statement to FOX Business. "Parler has not taken adequate measures to address the proliferation of these threats to people’s safety. We have suspended...

January 9, 2021
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Disney's Iger, DreamWorks' Katzenberg may be on Biden's ambassador shortlist: report

Disney's Iger, DreamWorks' Katzenberg may be on Biden's ambassador shortlist: report

Company Executive Chairman Big Iger and Animation co-founder Jeffrey Katzenberg could be on President-elect 's shortlist for ambassador roles, The Hollywood Reporter. Biden could tap Iger for an position representing the U.S. in either or the , and Katzenberg is also on the president-elect's ambassador shortlist, the Reporter noted, citing sources familiar with the matter.Ticker Security Last Change Change % THE WALT DISNEY CO. 116.39 +1.21 +1.05% Iger previously said he would consider a role in the Biden administration if the offer presented itself. "Giving back in some fashion --...

December 16, 2020
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Single Michigan mother of 6 fined $1,000 per day for keeping cafe open

Single Michigan mother of 6 fined $1,000 per day for keeping cafe open

's health department has been fining a mother of six per day for keeping her open in violation of stay-at-home orders issued Nov. 15, documents obtained by FOX Business show. Amy Heikken, the owner of in Calumet, is refusing to pay multiple $1,000 fines for keeping her cafe open for indoor dining against state orders, and now she is facing legal challenges.Erik Kiilunen, a Michigan small business owner who founded the "All Business is Essential" campaign to keep Michigan businesses open and afloat during the , spoke on behalf of Heikken. "Amy's just got...

December 15, 2020
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Facebook ditches racially neutral approach to policing hate speech

Facebook ditches racially neutral approach to policing hate speech

is changing its hate speech  to prioritize the removal of posts targeting minority groups. The initiative, dubbed the WoW Project, aims to improve 's automated systems that find and immediately delete hate speech and racial slurs, which are prohibited on the website, The Washington Post , citing internal documents.Ticker Security Last Change Change % META PLATFORMS INC. 196.64 +0.99 +0.51% Hate speech and slurs directed toward Black, Muslim, biracial, Jewish and LGBTQ users will be considered "the worst of the worst" as part of the new project and algorithmic changes, according to...

December 4, 2020
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Hawley presses Zuckerberg on whistleblower complaint alleging Facebook coordination with Twitter, Google

Hawley presses Zuckerberg on whistleblower complaint alleging Facebook coordination with Twitter, Google

Sen. , R-Mo., on Tuesday pressed  CEO on a newly revealed whistleblower complaint alleging that Facebook employees coordinate with  and employees to make certain content moderation decisions. Hawley said a former employee "with direct knowledge of the company’s content moderation practices" contacted his office about an "internal platform called Tasks that Facebook uses to coordinate projects, including censorship.""The platform reflects censorship input from Google and Twitter, as well," Hawley alleged. "...Facebook censorship...

November 17, 2020
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Relocations from San Francisco to Texas, Florida jumped between 32% and 46% in 2020

Relocations from San Francisco to Texas, Florida jumped between 32% and 46% in 2020

from San Francisco to Texas and Florida jumped by 32% and 46%, respectively, new research shows. The pandemic accelerated migration across the U.S. in 2020 compared to 2019 but particularly from large, urban areas like San Francisco and New York to Sunbelt Metro cities like Austin, Dallas and Charlotte, according to published on March 31 from the CBRE real estate group, citing data from the . "Affordability is a major driver of movement between the high-cost coastal markets and Sun Belt cities,"  , CBRE Director of Research and author of this research...

April 6, 2021
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