Meta CEO Mark Zuckerberg. Kevin Dietsch/Getty Images Mark Zuckerberg sold his San Francisco home for $31 million, according to The Real Deal. He still owns compounds in Palo Alto, California, and on nearby Lake Tahoe. These days, he seems to be spending more time in Kauai, Hawaii, where he owns about 1,500 acres. Mark Zuckerberg…
Healthcare has finally begun to embrace digital transformation after years as a stubborn holdout.The coronavirus pandemic has only accelerated adoption of technologies such as telehealth and remote patient monitoring.Insider Intelligence covers these topics and more each morning in our Digital Health Briefing email newsletter. Healthcare has been through quite the journey in the last few…
Federal Reserve Chairman Jerome Powell. Samuel Corum/Getty Images US stocks ended lower Tuesday as Walmart’s earnings warning added to growing alarms about the economy. The world’s largest retailer cut its profit forecast, citing high inflation and changing consumer habits. Oil prices reversed lower as recession fears weighed on prospects for demand. US stocks closed lower…
Thomas Gottstein, Credit Suisse CEO, could depart the bank on Wednesday Arnd Wiegmann/Reuters Thomas Gottstein, Credit Suisse’s chief executive, could depart the bank on Wednesday, the Wall Street Journal reported. Scandals related to Greensill Capital and Archegos Capital Management took place with Gottstein at the helm. Unicredit CEO Andrea Orcel has been talked about as…
Rep. Liz Cheney of Wyoming. Olivier Douliery/Pool via AP Rep. Liz Cheney called out Tom Cotton for his criticism of Jan. 6 hearings that he hasn’t watched. The Wyoming lawmaker tweeted that Cotton should view the hearings “before rendering judgment.” Republicans, most of whom opposed the creation of the committee, have largely dismissed the panel’s…
A referral from the House January 6 panel could undermine the Justice Department’s consideration of charges against Donald Trump. Seth Herald/Getty Images House January 6 investigators are still mulling whether to refer Donald Trump for criminal prosecution. Legal experts say a referral is unnecessary for DOJ and may only complicate its considerations. The recent House…
Federal Reserve Chair Jerome Powell. Anadolu Agency/Getty Images The S&P 500 has picked up more than 3% since the Fed’s June meeting, at which it raised rates by 75 basis points. But the broad-market index could see a muted gain, if any, after Wednesday’s Fed meeting, said Bespoke Investment Group. Investors widely expect the Fed…
Formula 1 is trying to clean up its act and ensure its operations have a net-zero carbon footprint by 2030. An important part of the plan is to use 100 percent sustainable fuel in race cars, and the organization says it’s still on schedule to achieve that by 2026. It’s currently developing a “drop-in” fully…
The AirPods Pro launched 1,000 days ago today and are the oldest current-generation Apple device still on sale. Apple announced the AirPods Pro on Monday, October 28, 2019. The earbuds went on sale immediately and orders started arriving to customers on Thursday, October 31. Apple went on to release the AirPods Max in December 2020…
The upcoming high-end variant of the Apple Watch Series 8 will feature the device’s first redesign in years and a new titanium casing, but will not feature the long-rumored squared-off look, according to Bloomberg‘s Mark Gurman. In the latest edition of his “Power On” newsletter, Gurman said that this year’s high-end Apple Watch model will…