CHANDLER, Ariz. (AP) _ Microchip Technology Inc. (MCHP) on Thursday reported fiscal fourth-quarter net income of $116 million.The Chandler, Arizona-based company said it had net income of 41 cents per share...

https://apnews.com/article/earnings-technology-business-8dc83a9c1183cb24fdd644b875f617b9

#APNews

COLUMBIA, S.C. (AP) - South Carolina will leave the federal unemployment programs providing extra money to jobless residents in light of "unprecedented" workforce shortages across the state, Gov. Henry McMaster announced on Thursday...

https://apnews.com/article/sc-state-wire-coronavirus-pandemic-health-business-government-and-politics-57f9781992b80dc326a3d752c1352eee

#APNews

SEATTLE (AP) - Washington state is suing the travel insurance company Allianz, saying that its policy of excluding mental health issues from coverage is discriminatory.In a lawsuit filed Thursday, Attorney General Bob Ferguson said the company refused to cover 485 claims from Washington residents ...

https://apnews.com/article/washington-mental-health-health-government-and-politics-business-8e14d4cdbde76892d919071bff6bbecd

#APNews

BETHEL, Alaska (AP) - A southwest Alaska village that lost its water plant in a fire will be without its temporary water treatment plant during river breakup.The Yukon-Kuskokwim Health Corp. installed a temporary water treatment system for Tuluksak in March that pipes water from the Tuluksak River, ...

https://apnews.com/article/alaska-water-treatment-business-fadb1f34b39254bfc97d0789e0e4b692

#APNews

Stocks are closing higher Thursday, as gains by banks and technology companies led a broad rally. The Dow Jones Industrial Average hit a new high.Healthcare was hurt by news late Wednesday that the White House supports waiving intellectual property rights for coronavirus vaccines to help immunize ...

https://apnews.com/article/financial-markets-technology-health-coronavirus-pandemic-business-48fc18ed500dca0686b0c462cfa26362

#APNews

MONTPELIER, Vt. (AP) - The state of Vermont is getting $12 million in COVID-19 relief funds so communities can strengthen substance abuse programs, officials announced Thursday.In announcing the funds on the Statehouse steps in Montpelier, Democratic U...

https://apnews.com/article/vermont-drug-abuse-coronavirus-pandemic-technology-health-1887e90bfdaca83a88a9dfd34e9d1b3f

#APNews

TOPEKA, Kan. (AP) - Kansas has requested less than 9% of its federal allocation of COVID-19 vaccine doses for this week, as Republican state lawmakers try to revive proposals to ban government vaccine passports and restore limits on tracing the close contacts of people exposed to the virus...

https://apnews.com/article/kansas-coronavirus-pandemic-business-coronavirus-vaccine-health-7d6348768ab8006e9b25b368fe574efc

#APNews

CHARLESTON, W.Va. (AP) - An insurance company alleges in a federal lawsuit that a company run by West Virginia Gov. Jim Justice and his adult children owes $166,000 for workers' compensation and employers' liability coverage claims...

https://apnews.com/article/business-lawsuits-af8d490bd0aa68034a91a553732db8f2

#APNews

ANNAPOLIS, Md. (AP) - Maryland Gov. Larry Hogan announced a $25 million project on Thursday to help youths recover from the COVID-19 pandemic. Project Bounce Back is a public-private partnership that includes initiatives to provide mental health services and expand youth development programs...

https://apnews.com/article/maryland-technology-coronavirus-pandemic-health-2407157abc6ae52dd9ed0506bd898fb2

#APNews

LINCOLN, Neb. (AP) - Nebraska lawmakers moved ahead Thursday with a plan to create a special commission that would look at the way the state's public K-12 schools are funded.The measure advanced, 37-5, despite opposition from some lawmakers who see it as a way for school lobbyists to secure more ...

https://apnews.com/article/ne-state-wire-nebraska-business-government-and-politics-4510c79ab95541a979bfc6e64990ac50

#APNews

BOSTON (AP) - In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse customers for extortion payments made to ransomware criminals...

https://apnews.com/article/europe-france-technology-business-caabb132033ef2aaee9f58902f3e8fba

#APNews

NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday:Fastly Inc., down $15.75 to $42.31The cloud software developer gave investors a weak earnings forecast and said its chief financial officer is leaving...

https://apnews.com/article/financial-markets-business-f43b65d25873038101427625848acd2b

#APNews

WASHINGTON (AP) - The Federal Reserve is warning that the U.S. financial system remains vulnerable to threats stemming from the global pandemic, including the possibility of a sharp rise in global interest rates that could strain developing countries...

https://apnews.com/article/health-coronavirus-pandemic-business-fbc8c460146d4edbffd7dc2fb208bafb

#APNews

The bank will hedge with CME futures using Cumberland DRW as its trading partner, Bloomberg Law reported.

Representations of virtual currency bitcoin are placed on US dollar banknotes taken May 26, 2020.
REUTERS/Dado Ruvic

Goldman Sachs on Thursday has started trading with non-deliverable forwards...

https://www.businessinsider.com/goldman-sachs-bitcoin-derivatives-investors-crypto-futures-2021-5

#Insider

Illustration by Alex Castro / The Verge

Apple made it more difficult to upgrade your Hulu subscription plan say, to add live TV after it realized the company was offering a way to automatically cancel subscriptions made through the App Store.
According to new emails revealed as part of Apples ...

https://www.theverge.com/2021/5/6/22423410/apple-hulu-subscription-in-app-purchase-tweet

#TheVerge

Stefanik, a leading contender to replace Rep. Liz Cheney as the third highest-ranking House Republican, has spread false claims of fraud in elections.

In this Nov. 20, 2019 file photo, Rep. Elise Stefanik, R-N.Y., listens during a House Intelligence Committee hearing on Capitol Hill in Washington.
...

https://www.businessinsider.com/stefanik-backs-arizona-controversial-gop-backed-2020-election-ballot-recount-2021-5

#Insider

Some of the more egregious polluters could become the next wave of companies to support environmental, social, and governance investments. According to Bank of America analysts, the best prospects for ESG interest ahead include reforming firms that are contributing to high carbon-dioxide emissions, ...

https://www.etftrends.com/esg-channel/polluters-turning-green-future-of-esg/

#ETFTrends

AMN Healthcare Services shows rising price performance, earning an upgrade to its IBD Relative Strength Rating,
The post AMN Healthcare In Buy Zone; Earns Key Rating Upgrade, Announces Strong Q1 Earnings appeared first on Investor's Business Daily.
Health care permanent and temporary staffing ...

https://www.investors.com/news/technology/amn-healthcare-services-earns-rs-rating-upgrade-2/

#investors

So It Looks Like Nationalizing Student Loans Has Simply Turned Into One Giant Ponzi Scheme

We've all known that nationalizing student loan debt would turn out to be a terrible decision (just as it is when the government nationalizes any industry). We have been saying it on this site for years: it ...

https://www.zerohedge.com/markets/so-it-looks-nationalizing-student-loans-has-simply-turned-one-giant-ponzi-scheme

#ZeroHedge

Caravana stock fell even though the online seller of used cars reported first-quarter results late Thursday that solidly beat analyst estimates. Revenue more than doubled to $2.24 billion.
The post Carvana First-Quarter Earnings Beat Estimates As Revenue Doubles appeared first on Investors ...

https://www.investors.com/news/technology/carvana-stock-drops-on-quarterly-arnings/

#investors

Rep. Chip Roy says Stefaniks votes on border wall funding and health care show shes not in step with the average House Republican.Rep. Chip Roy says Stefaniks votes on border wall funding and health care show shes not in step with the average House Republican...

https://www.forbes.com/sites/andrewsolender/2021/05/06/some-house-republicans-criticize-stefaniks-conservative-creds-as-she-shores-up-support/

#ForbesBusinessNews

Nearly 7 million people may have died from Covid-19 globally, researchers found -- but just under 3.25 million deaths have been recorded by governments.Nearly 7 million people may have died from Covid-19 globally, researchers found -- but just under 3.25 million deaths have been recorded by ...

https://www.forbes.com/sites/joewalsh/2021/05/06/worldwide-covid-death-count-is-more-than-twice-official-tallies-study-finds/

#ForbesBusinessNews

Oktas giant $6.5 billion acquisition of Seattle-area startup Auth0 officially closed on Monday. But for Eugenio Pace, the major milestone is just another marker albeit a lucrative one in the Auth0 journey. The word exit is often used when somebody sells a company, the Auth0 CEO and co-founder said ...

https://www.geekwire.com/2021/auth0-ceo-eugenio-pace-6-5-billion-deal-okta-advice-entrepreneurs/

#GeekWire

Some are adapting quickly to circumstances brought on by policy changes. Others are slow to transform.Like most other professions and services, real estate agents evolve with changing times.
COVID-19 and the need to quarantine and limit person-to-person contact has caused a plethora of changes, ...

https://www.ocregister.com/2021/05/06/pandemic-creating-new-rules-for-agents-sellers-and-buyers/

#OrangeCountyRegister

Find out which companies delivered strong returns for shareholders.Thursday was another volatile day on Wall Street, but everything turned out well in the end. Some concerns about growth-oriented stocks led to some declines early in the trading session. Later in the day, however, investors seemed to...

https://www.fool.com/investing/2021/05/06/2-surprise-winners-in-the-stock-market-today/?source=iedfolrf0000001

#fool

AMC Entertainments quarterly financial results demonstrate that moviegoing may be slowly returning after months of COVID-related struggles, but cinemas still have to dig out of a deep hole left by a public health crisis that decimated their business. Revenues at the worlds largest ...

https://variety.com/2021/film/news/amc-theatres-loses-567-million-quarterly-earnings-miss-projections-1234968252/

#variety

David After Dentist is now an NFT | David Devore

David DeVore was seven years old in 2008 when a trip to the dentist left him feeling funny afterward. His dad, David Sr., recorded his sons post-anesthesia musings (Is this real life? You have four eyes I feel funny), and when he uploaded it to ...

https://www.theverge.com/2021/5/6/22422993/david-after-dentist-meme-nft-real-life

#TheVerge

The U.K. driver reclassification weighed heavily on earnings.Shares of Uber Technologies (NYSE: UBER) tumbled 9% on Thursday after the ridesharing tech leader missed analyst expectations for the first quarter.Although Uber reported that gross bookings grew 24% year over year, it was not enough to ...

https://www.fool.com/investing/2021/05/06/why-uber-technologies-fell-9-today/?source=iedfolrf0000001

#fool

Ellen Digital, a joint venture between Ellen DeGeneres and Warner Bros., is focusing on serving the super fan. During its 2021 NewFronts presentation on Thursday, the media group rolled out what it's calling three new "super brands" targeted at that group: Smile, Bubble and Sage. "We started to ...

https://www.adweek.com/convergent-tv/ellen-digital-debuts-3-fan-focused-super-brands-at-newfronts/

#Adweek

Align your goals with the objective of mutual funds to make the most of them. This assures that your money is working towards your goal even as you sleep...

https://www.financialexpress.com/money/mutual-funds/your-money-five-tips-to-select-a-mutual-fund-thats-right-for-you/2247341/

#TheFinancialExpress

Market is anticipating an economy thats no longer dependent on the Fed, says Brown from CNBC. Cowen upgrades Darden Restaurants to buy from CNBC. Final Trades: PayPal, J.P. Morgan, Uber & more from CNBC....
The post Clips From Todays Halftime Report appeared first on The Reformed Broker.

Final ...

https://thereformedbroker.com/2021/05/06/clips-from-todays-halftime-report-780/

#TheReformedBroker

Illustration by Alex Castro / The Verge

Twitter has started rolling out a new Tip Jar feature on its Android and iOS apps, which (as rumored) will allow users to send money directly to their favorite accounts.
To use the tip jar, simply tap on the freshly added dollar bill icon next to someones ...

https://www.theverge.com/2021/5/6/22423583/twitter-tip-jar-feature-sending-money-venmo-cashapp

#TheVerge

When choosing between debt funds and equity funds, check your time horizon, risk required to achieve your goal, risk tolerance expectations from your investments...

https://www.financialexpress.com/money/mutual-funds/mutual-funds-balancing-between-equity-and-debt-funds/2247336/

#TheFinancialExpress

Companies in the Healthcare sector have received a lot of coverage today as analysts weigh in on Prestige Brand Holdings (PBH), Humanigen (HGEN) ...
The post Analysts Opinions Are Mixed on These Healthcare Stocks: Prestige Brand Holdings (PBH), Humanigen (HGEN) and Trevena (TRVN) appeared first on ...

https://www.smarteranalyst.com/new-blurbs/analysts-opinions-are-mixed-on-these-healthcare-stocks-prestige-brand-holdings-pbh-humanigen-hgen-and-trevena-trvn/

#SmarterAnalyst

Barrington analyst Christopher Howe reiterated a Buy rating on Kadant (KAI) today and set a price target of $200.00.
The post Barrington Believes Kadant (KAI) Wont Stop Here appeared first on Smarter Analyst.
Barrington analyst Christopher Howe reiterated a Buy rating on Kadant (KAI) today and set a...

https://www.smarteranalyst.com/new-blurbs/barrington-believes-kadant-kai-wont-stop-here/

#SmarterAnalyst

In a report released today, Mark Breidenbach from Oppenheimer maintained a Buy rating on Syros Pharmaceuticals (SYRS), with a price target of $13.00.
The post Oppenheimer Thinks Syros Pharmaceuticals Stock is Going to Recover appeared first on Smarter Analyst.
In a report released today, Mark ...

https://www.smarteranalyst.com/new-blurbs/oppenheimer-thinks-syros-pharmaceuticals-stock-is-going-to-recover-3/

#SmarterAnalyst

Fed Warns "Asset Prices Are Vulnerable" If Risk Appetite Declines

The Federal Reserve just released its semi-annual Financial Stability Report and it is the most 'risk averse' that we can remember.

In this environment, prices may be vulnerable to significant declines should risk appetite fall, ...

https://www.zerohedge.com/markets/fed-warns-asset-prices-are-vulnerable-if-risk-appetite-declines

#ZeroHedge

Canelo Alvarez will fight undefeated Joe Saunders in a super middleweight unification match in Texas on May 8. You can watch the boxing match on DAZN.If you buy through our links, we may earn money from affiliate partners. Learn more.

Canelo Alvarez (left) defeated Sergey Kovalev to claim the WBO ...

https://www.businessinsider.com/how-to-watch-canelo-vs-saunders

#Insider

Square Inc reported a profit for
the first quarter on Thursday, boosted by a surge in
transactions on its peer-to-peer payment service Cash App...

https://www.reuters.com/article/square-results/square-reports-profit-for-first-quarter-idUSL4N2MT4UB

#Reuters

Like any other industry, energy has a new and old guard. Today, those factions are competing on pricing. The current state of that competition bodes well for assets like the ALPSClean EnergyETF(ACES). Over the evolution of the renewable energy industry, a primary point of scrutiny for producers and ...

https://www.etftrends.com/etf-building-blocks-channel/u-s-renewables-closing-in-on-coal/

#ETFTrends

American International Group Inc
beat first-quarter profit estimates on Thursday, as strong
performance in its general insurance and life and retirement
units blunted the hit from winter storms and coronavirus-related
mortality claims...

https://www.reuters.com/article/aig-results/aig-profit-beats-estimates-on-general-insurance-retirement-gains-idUSL4N2MT4J2

#Reuters

As Republicans march ahead with their campaign to tighten voting laws in political battlegrounds, some in their party are worried the restrictions will backfire by making it harder for GOP voters to cast ballots...

https://apnews.com/article/tx-state-wire-donald-trump-election-2020-business-voting-rights-bea2903cf9119ca427327acd2f307364

#APNews

BRIDGEPORT, Conn. (AP) - Bruno DiFabio, a celebrity pizza chef who owns restaurants in Connecticut and New York, was sentenced to 30 days in prison Thursday for tax evasion.DiFabio, 51, known as "Lord of the Pies" and for appearing on "Chopped" and other TV shows, was sentenced in federal court in ...

https://apnews.com/article/business-tax-evasion-entertainment-arts-and-entertainment-76d7ca76bc80d150d7b38e5352b506c8

#APNews

ALLEN PARK, Mich. (AP) - A suburban Detroit man was arrested Thursday in an alleged scheme to collect $849,000 in unemployment benefits.Chris Niebel, who called himself Tax Guy Chris, ran a tax preparation business in Allen Park...

https://apnews.com/article/detroit-business-health-coronavirus-pandemic-da7192a233afe22ac0391156ad5bd2c9

#APNews

CHARLESTON, W.Va. (AP) - West Virginia's former health commissioner described a culture of doctors for years writing more opioid prescriptions for their patients than necessary in a landmark trial in which local governments accuse three large drug distributors of fueling the U...

https://apnews.com/article/opioids-business-health-4b4ea3b47b6d1ede903504b4e2f63317

#APNews

Dropbox reported first-quarter results late Thursday that beat consensus estimates on the top and bottom lines as shares of the data management company jumped during after-hours trading.
The post Dropbox First-Quarter Earnings Topple Wall Street Estimates appeared first on Investors Business ...

https://www.investors.com/news/technology/dropbox-stock-jumps-on-earnings-beat-dbx/

#investors

As Covid-19 vaccine manufacturers try to get their shots authorized for younger children in the US, less than a third of parents say they would get their child vaccinated as soon as it is authorized for their age group, a survey reveals.
By Jason Hanna, CNN
(CNN) As Covid-19 vaccine manufacturers ...

https://www.mercurynews.com/2021/05/06/survey-most-parents-say-they-will-not-give-their-child-covid-vaccine-right-away/

#TheMercuryNews