CWEB Business News

Big Lots Reports Record Earnings and Full Year Performance
  Big Lots, Inc. (NYSE: BIG) today reported net income of $98.0 million, or $2.59 per diluted share, for the fourth...
Nationwide poll shows Biden with overall 60% approval rating and 70% approval for handling COVID-19
  President Joe Biden is getting a high job performance appraisal from the citizens of the United States of America....
McAfee Antivirus software founder-developer John McAfee indicted on charges of cryptocurrency fraud
  On Friday, federal prosecutors said that John McAfee, the founder of the popular McAfee antivirus software and his...
CBS pays Oprah Winfrey up to 9 million for Meghan Markle and Prince Harry Interview: Spokesperson says no appearance fee for couple
  As CBS is getting ready to air Oprah Winfrey’s explosive and exclusive interview with Megan Markle and Prince Harry on...
Senators reach agreement on $300 unemployment benefit after hours of negotiations
  Tonight Senate Democrats have reached a new agreement with Sen. Joe Manchin (D., W.Va.) to extend the weekly unemployment...
Robinhood is still on track for a blow out IPO
  Robinhood will file an S-1 with the Securities and Exchange Commission. Its not confirmed, yet CNBC is reporting NASDAQ...
Statement by First Lady Mrs. Laura Bush on Freedom in Burma
  March 5, 2021 President Bush and I are saddened and angered by the senseless violence and loss of life occurring to those...
Broadcom Announces First Quarter 2021 Financial Results
  Broadcom Inc. (Nasdaq: AVGO), a global technology leader that designs, develops and supplies semiconductor and...
IMAX China Holding (NYSE: IMAX) reported full-year 2020 increase in revenue
  IMAX China Holding, Inc. (NYSE: IMAX) today reported full-year 2020 results highlighted by second-half box office which...
Camera gear maker accuses Amazon of copying its top selling item
  This week, Amazon has been accused of copying camera gear maker Peak Design’s Everyday Sling. The company has been...
T2 Biosystems Announces Q4 and Full Year 2020 Results
  T2 Biosystems, Inc. (NASDAQ:TTOO), a leader in the rapid detection of sepsis-causing pathogens, today announced financial...
Costco (Nasdaq: COST) posts Q2 record revenue as online sales surge 75.8%
Costco Wholesale Corporation (Nasdaq: COST) today announced its operating results for the second quarter (twelve weeks) and the...
Paramount + has launched. Here is how to get a free trial
    From Peak originals, sports and streaming TV channels, Paramount + has launched. Can the new streaming service...
Jack Dorsey’s Square Set to Buy a Majority Stake of about $300M for Jay-Z’s Tidal
  On Thursday, Jack Dorsey led Square said that it is purchasing Jay-Z’s music streaming platform, Tidal. The deal will...
Ampio Pharmaceuticals (NYSE: AMPE) reports in line Q4 2020 Earnings
  Ampio Pharmaceuticals (NYSE: AMPE), a biopharmaceutical company focused on the advancement of immunology-based therapies...
House Democrats Pass Voting and Campaign Finance Bill — For the People Act of 2021 or H.R. 1
  On Wednesday, the House of Representatives passed the Democrats voting and campaign finance reform legislation. This...
U.S. Manufacturing to receive $350 billion investment from Walmart in a decade
  The world’s largest retailer, Walmart said that it will invest $350 billion in products grown, assembled or made in the...
Snowflake (NYSE: SNOW) Reports Quarterly Financial Results and Full Year of Fiscal 2021
  Snowflake (NYSE: SNOW), the Data Cloud company, today announced financial results for its fourth quarter and full year of...
Dolly Parton vaccine shot Moderna, which she helped fund
  Live Video of Dolly Parton, the country music legend has been inoculated with the Moderna vaccine, a vaccine she helped...
Las Vegas Sands Selling Casinos for $6.25 billion and Leaving Vegas
  Las Vegas Sands Corp., renowned for The Venetian casino, is leaving Las Vegas as it is selling its iconic properties to...
FBI Director Christopher Wray says Domestic terror is “metastasizing” through the nation: Says Antifa not part of Capitol riot
  The FBI director Christopher Wray who is well respected by republican and democrats faced a Senate Judiciary Committee on...
fuboTV (NYSE: FUBO) Exceeds $100 Million Revenue in Q4 2020 Capping Strongest Year to Date
  fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced its financial results for...
Fox News Staff Dismayed As Kayleigh McEnany, Former White House Press Secretary Joins Network
    On Tuesday, Fox Network said that former White House press secretary; Kayleigh McEnany was officially joining the...
Nordstrom (NYSE:JWN) Reports Fourth Quarter 2020 Blowout Earnings
  Nordstrom, Inc. (NYSE:JWN) today reported earnings per diluted share for the fourth quarter ended January 30, 2021 of...
Target (NYSE: TGT) earnings Q4 2020 beats estimates with 21% increase in on line sales
  Target Corporation (NYSE: TGT) today announced its third quarter 2020 financial results, which reflected continued,...
You Tube Shorts a.k.a. You Tube’s TikTok Clone goes live in the U.S.
  Today, March 2, YouTube had launched “YouTube Shorts” in the U.S. XDA Developers were the first to spot it on U.S....
Newsom wins big for California and legislators agree to give $2 billion to schools to reopen
  On Monday, Governor of California, Gavin Newsom and Democratic legislative leaders came to an agreement that would give...
Senate could pass relief bill with $1,400 stimulus checks but no $15 minimum wage
  President Joe Biden’s $1.9trillion Covid relief bill taking a step closer to coming into effect but it won’t include...
Zoom (NASDAQ:ZM) Record Breaking Earnings Q3 2021 with adjusted Profit of Nearly $1 Billion
  Zoom Video Communications, Inc. (NASDAQ: ZM), a leading provider of video-first unified communications, today announced...
Amazon Workers’ Union Drive Gets Biden’s Backing
  Amazon (NASDAQ:AMZN)warehouse workers received support from an important U.S. executive. On Sunday, President Biden said...
Trump’s CPAC speech repeats election lies, speaks of a “third term”
    On Sunday, former president Donald Trump addressed the Conservative Political Action Conference (CPAC) in Florida....
McMillon appoints former Goldman bankers: Inches closer to Walmart starting a bank
  Walmart Inc. (NASDAQ:WMT) has hired two senior bankers from Goldman Sachs Group Inc. to slowly reach its final goal of...
At CPAC, Ted Cruz mocked Alexandria Ocasio-Cortez, the Congresswomen who raised millions for Texans while he was in Cancun
  On Friday, Senator Ted Cruz mocked New York congresswoman Alexandria Ocasio-Cortez for her emotional response to the...
Virginia is state number 16 in U.S. to legalize marijuana
  Virginia joins fifteen other states in the United States of America to legally allow adults to use marijuana though sales...
House passes coronavirus stimulus bill with $1400 stimulus check payments
  Early Saturday morning, the House passed a $1.9 trillion coronavirus stimulus bill. This is first major legislation that...
Buffett optimistic about Company and Nation: Buys back pandemic hit Berkshire stocks
  Warren Buffet remains upbeat about the growth of the economy of both the U.S. and his company Berkshire. Although the...
$1.9 trillion  coronavirus house stimulus bill passes. What is in the stimulus for you.
  Americans have long awaited the coronavirus stimulus to bill pass. Americans are still struggling with the economic...
Draft Kings (NASDAQ:DKNG) Reports Q4 Revenue of $322 Million and 2021 Guidance from $900 Million to $1 Billion  
    DraftKings Inc. (Nasdaq: DKNG) today reported fourth quarter and full-year 2020 financial results. Fourth Quarter...
Trump’s Pardon Helps Paul Manafort To Keep $19 Million Properties, Cash & Fancy Jackets
    On Friday, federal prosecutors told a judge that former President Donald Trump’s pardon of Paul Manafort on...
Taylor Swift gives heartfelt apology while cancelling 2021 Lover Fest tour
  Taylor Swift had issued a profound and emotional apology to her fans as she announced disappointing news. She said that...
Video Huge golden statue of Trump with a wand draws crowds at CPAC before his Sunday speech
    On Thursday evening, a massive effigy of former president Donald Trump was rolled into the Conservative Political...
Live Video Russian diplomats leave by hand pushed trolley from North Korea ordered by Kim Jon Un
  Eight Russian diplomats and family members – the youngest of them a three-year-old girl – have arrived home...
Netflix (NASDAQ:NFLX)  Will Spend  $100 Million to Help Improve Diversity in Film and TV
  Netflix (NASDAQ:NFLX)  Will Spend  $100 Million to Help Improve Diversity in Film and TV over the next five years for...
Amazon (NASDAQ:AMZN)  is placing cameras inside its delivery vehicles making drivers feel nervous
  Amazon (NASDAQ:AMZN)  is placing cameras inside its delivery vehicles. The cameras will view the road as well as the...
White House uses COVID-19 restrictions to avoid taking Cancun returned Senator Cruz and colleague on Air Force One for Joe Biden’s trip to Texas
      On Thursday, the White House intelligently scored points over Cancun returned Texas Sen. Ted Cruz and his...