NEWS

CNBC

• Experts fear a rise in online gambling harm as UK industry awaits crucial review May 18, 2021
  Since the onset of the coronavirus pandemic, gambling companies in Britain have looked to shore up and expand their online offerings.
• Why the world's largest carbon market is experiencing a boom like never before May 18, 2021
  The EU's benchmark carbon price surpassed 50 euros for the first time ever earlier this month, having stood at around 20 euros before the coronavirus pandemic.
• Rise of the robots: Bank of America names its favorite stocks for our post-Covid future May 18, 2021
  As technologies like automation and AI are rapidly adopted, strategists at BofA name a slew of stocks set to benefit.
• U.S. companies are bearing the brunt of Trump's China tariffs, says Moody’s May 18, 2021
  Moody's said American importers absorbed more than 90% of additional costs resulting from the 20% U.S. tariff on Chinese goods.
• Push for patent waivers is 'political theater' and won't solve vaccine shortage, CEO says May 18, 2021
  A global shortage of Covid-19 vaccines has left some scrambling to find supplies to roll out inoculation programs.
• India's Covid crisis exposes deep-rooted problems in public health after years of neglect May 18, 2021
  The unfolding Covid tragedy has laid bare the deep-rooted problems plaguing India's public health system after decades of neglect and underinvestment. 
• Taiwan's Taiex bounces back as it soars more than 4%; Asia-Pacific markets mostly rise May 17, 2021
  The Taiex in Taiwan surged 4.93% in Tuesday afternoon trade. Those gains followed a nearly 3% drop on Monday amid fears of domestic coronavirus infections.
• Jim Cramer sees more pain ahead in cloud stocks, but some names are getting enticing May 17, 2021
  Generic Mad Money Contemplate
• White House releases the Bidens' tax return, showing their income dropped May 17, 2021
  President Joe Biden and first lady Jill Biden earned $607,336 in 2020, according to their newly released tax return, a significant drop from their 2019 income.
• Dow futures rise more than 100 points after Wall Street begins week with modest losses May 17, 2021
  Futures contracts rose in early morning trading on Tuesday after Wall Street kicked off the week with modest losses.
• EV start-up Fisker will not accept or invest in bitcoin, CEO says May 17, 2021
  Electric vehicle start-up Fisker does not plan to invest in bitcoin or accept the cryptocurrency as payment, according to CEO and founder Henrik Fisker.
• Biden tells Netanyahu U.S. supports ceasefire as Israel, Hamas conflict escalates May 17, 2021
  Biden also called on Israel to ensure the protection of innocent civilians amid the conflict.
• Apple exec explains the story behind the video-streaming deal cut with Amazon May 17, 2021
  Ex-Apple marketing chief Phil Schiller testified Apple cuts its App Store fees for some companies from 30% to 15% if they support its TV app and other features.
• Stocks making the biggest moves after the bell: Fisker, Aon, Twilio & more May 17, 2021
  These stocks posted the largest moves after the bell on Monday , May 17.
• Warren Buffett's Berkshire Hathaway builds new stake in Aon, ramps up Kroger bet May 17, 2021
  The conglomerate bought more than 4 million shares of Aon, worth $942.6 million as of the end of the first quarter.
• Amazon exec pushed for mailbox to be installed on site of high-stakes union drive May 17, 2021
  Amazon's Dave Clark pushed to install a mailbox outside an Alabama warehouse where a recent union vote took place, according to testimony at an NLRB hearing.
• Now that WarnerMedia and Discovery have tied the knot, the pressure's on ViacomCBS and NBCUniversal May 17, 2021
  Suddenly, both ViacomCBS and NBCUniversal seem subscale as they attempt to put together global streaming services.
• Bob Baffert, trainer of Kentucky Derby winner Medina Spirit, suspended from entering Belmont Stakes May 17, 2021
  Medina Spirit, trained by Bob Baffert, is barred for now from the Belmont Stakes due to testing positive for a steroid after its Kentucky Derby win.
• Comcast stock closes down 5.5% on Discovery-AT&T deal May 17, 2021
  Shares of Comcast closed down 5.5% on Monday after AT&T announced a deal to combine its content unit WarnerMedia with Discovery to form a new media giant.
• Tiger Global's Chase Coleman made a big bet on Roblox — check out the tech investor's other moves May 17, 2021
  According to SEC filings released on Monday, Tiger Global Management owns a $2.6 billion stake in Roblox.