Southwest Airlines makes new voluntary leave offer to cut costs

Fox Business Flash top headlines for January 26 Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. Southwest Airlines Co said late on Tuesday it was offering employees another round of voluntary leave as its staffing levels remain high and the coronavirus outbreak crimps travel. Continue Reading Below GET FOX BUSINESS ON THE GO BY CLICKING HERE […]

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This Market-Crushing AI Fund Has Moved Heavily Into U.S. Tech Stocks

A machine-guided fund which is crushing the performance of the S&P 500 Index this year has shifted heavily into technology stocks and slashed holdings of cyclical industrial names since the U.S. election. The AI Powered Equity ETF (AIEQ), an exchange-traded fund driven by artificial intelligence, now has more than 37% of its holdings in tech, a rise of 9 percentage […]

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California evacuation orders expanded due to mudslide threats

California mudslides: What makes them so destructive? This animated video explains how mudslides can be so destructive after the recent spate of deadly wildfires. A potent atmospheric river barreled toward California on Tuesday, bringing the threat of downpours that could unleash destructive debris flows from wildfire burn scars as well as a heavy dump of snow in the Sierra Nevada. Evacuation orders were […]

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An ex-hedge fund quant researcher whose firm uses AI to pick stocks breaks down how her fast-moving strategy works — and shares why it's superior in chaotic market environments

Renee Yao is the founder of Neo Ivy Capital, which applies artificial intelligence to financial markets. In an interview, Yao explains how her quant strategy is set up to act fast in a chaotic market environment. Because of her work, Insider named Yao to our annual list of the 10 leaders transforming investing in North America. Visit Insider's Transforming Business […]

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What Leon Black Got for Paying Jeffrey Epstein $158 Million

Leon Black viewed Jeffrey Epstein as a “confirmed bachelor with eclectic tastes, who often employed attractive women.” The private equity titan was willing to overlook that Epstein had served 13 months in a Florida jail after soliciting an underage prostitute. That was partly because Epstein claimed the girl had lied about her age, while Black, co-founder of Apollo Global Management […]

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Crypto miner Marathon Patent Group pours $150 million into bitcoin as the token pulls back from record highs

Marathon Patent Group announced the purchase 4,812.66 BTC on Monday. The transaction, handled by NYDIG, was worth $150 million. By the end of the first quarter of 2022, bitcoin miner Marathon expects to own and operate over 100,000 bitcoin miners. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Cryptocurrency miner Marathon Patent Group announced on Monday it […]

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Reddit’s Rocket-Ship Stock Picks Like GameStop Blast Off Again

In this article Trading in the stock market used to require a mastery of all sorts of Wall Street jargon. These days you also need to be fluent in emoji: If a post on a Reddit Wall Street message board contains icons of rocket ships pointing upward, you best pay attention. Some of Reddit’s favorite rockets are soaring again on […]

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Moderna Says COVID-19 Vaccine Retains Neutralizing Activity Against Emerging Coronavirus Strains

Moderna Inc. (MRNA) said Monday that results from in vitro neutralization studies of sera from individuals vaccinated with the company’s COVID-19 vaccine, mRNA-1273, showed activity against emerging strains of SARS-CoV-2. Moderna noted that vaccination with its COVID-19 vaccine produced neutralizing titers against all key emerging variants tested. These include B.1.1.7 and B.1.351, first identified in the UK and Republic of […]

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