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Shares of Goldman Sachs Group Inc and Wells Fargo & Co rose on bumper first-quarter profits. JPMorgan Chase & Co’s shares fell despite the largest U.S. bank’s earnings jumping almost 400%, as it released more than $5 billion in reserves to cover coronavirus-driven loan defaults. “The bank earnings were strong, but the market expected them to be strong,” said Christopher Grisanti, chief equity strategist at MAI Capital Management. The S&P 500 financials sector was one of the first quarter’s best performers, rising 15% even as the Federal Reserve pledged to keep interest rates low in the near future. The S&P 500 energy sector was the largest gainer among the 11 sub-indexes, as it tracked higher oil prices.
Persons: Goldman Sachs, Wells, Goldman, Co’s, , Christopher Grisanti, Morgan, Wells Fargo, , Drew Horter, Shivani Kumaresan, Shreyashi Sanyal, David French, Maju Samuel, Richard Chang Organizations: JPMorgan, Nasdaq, Goldman Sachs Group Inc, Wells Fargo, JPMorgan Chase, MAI Capital Management, Tactical Fund, Federal Reserve, Dow Jones, Apple Inc, Microsoft Corp, Tesla Inc, Coinbase Global Inc, Riot, Marathon Digital Holdings Locations: Wells Fargo, U.S, Cincinnati, Bengaluru, New York
More than 100 companies sign letter opposing U.S. state voting restrictions
  + stars: | 2021-04-14 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +2 min
REUTERS/Elijah Nouvelage/File Photo(Reuters) - Apple Inc, Amazon.com Inc, Ford Motor Co and Starbucks Corp are among the more than 100 companies that have come together to oppose U.S. state voting curbs that activist groups say unfairly target Black and other racial minorities. Republicans across the country are using former President Donald Trump’s false claims of voter fraud to back state-level voting changes they say are needed to restore election integrity. In a separate statement on Tuesday, the top executives of more than three dozen Michigan-based companies, including General Motors Co and Ford opposed Republican-backed legislation to restrict voting. Atlanta-based Coca-Cola Co and Delta Air Lines Inc were not among the signatories of the Wednesday letter, but have put out individual statements calling the voting limits in Georgia “unacceptable”. Coca-Cola said it had not seen the letter but was open to hearing the perspective of the Black Economic Alliance, the group which helped sponsor the ad.
Persons: Elijah Nouvelage, Ken Chenault, Ken Frazier, Donald Trump’s Organizations: REUTERS, Apple Inc, Amazon.com Inc, Ford Motor Co, Starbucks Corp, Wednesday's New York Times, American Express, Merck, Republicans, General Motors Co, Ford, Republican, Atlanta, Cola, Delta Air Lines Inc, Black Economic Alliance Locations: Fulton County, Atlanta , Georgia, U.S, Wednesday's, Texas, Arizona, Michigan, Georgia
Dozens of companies, including Amazon, Google, Starbucks and Netflix, joined hundreds of business leaders, celebrities, and other prominent names to sign a new statement opposing “any discriminatory legislation” that would restrict ballot access. The statement, appearing Wednesday as advertisements in The New York Times and The Washington Post, is the latest and largest mobilization by corporate America against restrictive voting legislation advanced by Republicans around the country. “We stand for democracy,” the statement, stretched across two full pages, reads. In addition to companies and their leaders, the statement's signatories includes celebrities, major law-firms, and nonprofits. John Kushner, brother to Trump son-in-law Jared Kushner and founder of venture capital firm Thrive Capital, also signed the letter.
Persons: Wells Fargo, George Clooney, Paula Abdul, Michael Bloomberg, Mark Ruffalo, Demi Lovato, Brian Cornell, Warren Buffett, John Kushner, Trump, Jared Kushner, Donald Trump, , Mike Ward, Ward, Organizations: Amazon, Google, Starbucks, Netflix, New York Times, Washington, Republicans, Times, Target, Bank of America, Apple, Cisco, Berkshire Partners, American Express, Brennan Center for Justice, New York University, Civic Alliance, NBC News Locations: Wells
TSMC says power restored at Taiwan plant after outage
  + stars: | 2021-04-14 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
FILE PHOTO: The logo of Taiwan Semiconductor Manufacturing Co (TSMC) is pictured at its headquarters, in Hsinchu, Taiwan, January 19, 2021. REUTERS/Ann Wang/File PhotoTAIPEI (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) said on Wednesday power had been restored at a major manufacturing site in southern Taiwan after an outage earlier in the day. She added some of TSMC’s machines were able to run on electricity generated by back up systems during the outage. TSMC, the world’s largest contract chip maker, said its facility experienced a power outage due to “an abnormality with a power line to the South Taiwan Science Park extra high voltage substation”. Power was restored the same day.
Persons: Ann Wang, Alice Cheng, TSMC Organizations: Taiwan Semiconductor Manufacturing, REUTERS, TAIPEI, Taiwan Semiconductor Manufacturing Co, Apple Inc, Qualcomm Inc, South, South Taiwan Science, Reuters Locations: Hsinchu, Taiwan, Tainan, South Taiwan
REUTERS/Shannon Stapleton/File Photo(Reuters) - U.S. stock index futures rose on Wednesday ahead of quarterly earnings reports from JPMorgan and Goldman Sachs, with investors expecting a strong rebound for corporate America against the backdrop of a swift vaccine-led global economic recovery. JPMorgan Chase & Co is expected to kick off the first-quarter earnings season for big banks at 6:45 a.m ET, followed by Goldman Sachs Group Inc and Wells Fargo & Co later in the morning. First-quarter earnings for S&P 500 companies are estimated to have risen 25% in the quarter, according to Refinitiv IBES data. Shares of Goldman Sachs were up 0.7% in premarket trading, while those of JPMorgan and Wells Fargo were flat. ET, Dow e-minis were flat, S&P 500 e-minis were up 3 points, or 0.07%, and Nasdaq 100 e-minis were up 19.75 points, or 0.14%.
Persons: Shannon Stapleton, Goldman Sachs, Donald Trump, Wells, Johnson, Johnson’s Organizations: New York Stock Exchange, REUTERS, JPMorgan, America, JPMorgan Chase, Goldman Sachs Group Inc, Wells Fargo & Co, Dow e, Nasdaq, Apple Inc, Inc, Microsoft Corp, Tesla Inc, Discovery Inc, CNBC, Suisse Group AG, Archegos Capital Management Locations: New, New York City , New York, U.S
FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File PhotoGoldman Sachs Group Inc rose 1.5% as it reported a massive jump in first-quarter profit, capitalizing on record levels of global dealmaking activity. First-quarter earnings for S&P 500 companies are estimated to have risen 25% in the quarter, according to Refinitiv IBES data. Earnings at S&P 500 firms had dropped 12.8% in the first quarter of 2020 and 30.6% in the second, according to IBES data from Refinitiv. ET, Dow e-minis were up 15 points, or 0.04%, S&P 500 e-minis were up 3.25 points, or 0.08%, and Nasdaq 100 e-minis were up 39.5 points, or 0.28%.
Persons: Goldman Sachs, Shannon Stapleton, , Rick Meckler, , Jerome Powell, Donald Trump, Johnson, Johnson’s, bitcoin Organizations: Reuters, JPMorgan, New York Stock Exchange, REUTERS, Goldman, Inc, JPMorgan Chase, Cherry Lane Investments, Federal Reserve, of Washington, Dow e, Nasdaq, Apple Inc, Microsoft Corp, Tesla Inc, Riot, Marathon Digital Holdings, Coinbase Locations: America, New, New York City , New York, U.S, JPMorgan, New Vernon , New Jersey, Refinitiv
S&P 500, Dow rise on boost from bank earnings
  + stars: | 2021-04-14 | by ( Shivani Kumaresan | Shreyashi Sanyal | ) www.reuters.com + 0.00   time to read: +3 min
Five out of the 11 main S&P 500 sectors were higher in early trading, with financials up 1.1%, while the S&P 500 banks index added 1.4%. The S&P 500 energy sector jumped 4.1%, tracking higher oil prices. Earnings for S&P 500 companies in the quarter are estimated to have risen 25%, according to Refinitiv IBES data. Earnings at S&P 500 firms had dropped 12.8% in the first quarter of 2020 and 30.6% in the second, according to IBES data from Refinitiv. ET, the Dow Jones Industrial Average was up 209.17 points, or 0.62%, at 33,886.44 and the S&P 500 was up 3.13 points, or 0.08%, at 4,144.72.
Persons: Goldman Sachs, Shannon Stapleton, Co’s, Wells, , Christopher Grisanti, Donald Trump, bitcoin Organizations: Reuters, JPMorgan, New York Stock Exchange, REUTERS, Goldman, Inc, JPMorgan Chase, & Co, MAI Capital Management, Apple Inc, Microsoft Corp, Tesla, Federal Reserve, Dow Jones, Riot, Marathon Digital Holdings, Coinbase, Nasdaq, NYSE Locations: America, New, New York City , New York, U.S, Refinitiv
FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. “The bank earnings were strong, but the market expected them to be strong,” said Christopher Grisanti, chief equity strategist at MAI Capital Management. The S&P 500 financials sector was one of the best performers in the first quarter, rising 15% even as the Federal Reserve pledged to keep interest rates low in the near future. The S&P 500 energy sector was the largest gainer among the 11 sub-indexes, jumping 3.1% as it tracked higher oil prices. ET, the Dow Jones Industrial Average rose 121.26 points, or 0.36%, to 33,798.53; and the S&P 500 lost 7.62 points, or 0.18%, at 4,133.97.
Persons: Shannon Stapleton, Co’s, Wells, , Christopher Grisanti, Morgan, Wells Fargo, , Drew Horter Organizations: Reuters, Dow, New York Stock Exchange, REUTERS, Goldman, Inc, JPMorgan Chase, & Co, MAI Capital Management, Tactical Fund, Federal Reserve, Dow Jones, Nasdaq, Apple Inc, Microsoft Corp, Tesla, Global Inc, Riot, Marathon Digital Holdings Locations: New, New York City , New York, U.S, Cincinnati
(Reuters) - Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks’ stellar results on the first day of earnings season. FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. REUTERS/Shannon Stapleton/File PhotoShares of Goldman Sachs Group Inc and Wells Fargo & Co rose on bumper first-quarter profits. JPMorgan Chase & Co’s shares fell despite the largest U.S. bank’s earnings jumping almost 400%, as it released more than $5 billion in reserves to cover coronavirus-driven loan defaults. The S&P 500 energy sector was the largest gainer among the 11 sub-indexes, as it tracked higher oil prices.
Persons: Shannon Stapleton, Goldman, Wells, Co’s, , Christopher Grisanti, Morgan, Wells Fargo, , Drew Horter Organizations: Reuters, Nasdaq, New York Stock Exchange, REUTERS, Goldman Sachs Group Inc, Wells Fargo, JPMorgan Chase, MAI Capital Management, Tactical Fund, Federal Reserve, Dow Jones, Apple Inc, Microsoft Corp, Tesla Inc, Coinbase Global Inc, Riot, Marathon Digital Holdings Locations: New, New York City , New York, U.S, Cincinnati
FILE PHOTO: A street sign, Wall Street, is seen outside New York Stock Exchange (NYSE) in New York City, New York, U.S., January 3, 2019. JPMorgan Chase & Co’s shares fell 1.9% despite the largest U.S. bank’s earnings jumping almost 400%, as it released more than $5 billion in reserves to cover coronavirus-driven loan defaults. “The bank earnings were strong, but the market expected them to be strong,” said Christopher Grisanti, chief equity strategist at MAI Capital Management. The S&P 500 energy sector was the largest gainer among the 11 sub-indexes, advancing 2.9% as it tracked higher oil prices. [O/R]The Dow Jones Industrial Average rose 53.62 points, or 0.16%, to 33,730.89; and the S&P 500 lost 16.93 points, or 0.41%, at 4,124.66.
Persons: Shannon Stapleton, Goldman, Wells, Co’s, , Christopher Grisanti, Morgan, Wells Fargo, Drew Horter Organizations: Reuters, Nasdaq, New York Stock Exchange, REUTERS, Goldman Sachs Group Inc, Wells Fargo, JPMorgan Chase, MAI Capital Management, Tactical Fund, Federal Reserve, Dow Jones, Apple Inc, Microsoft Corp, Tesla Inc, Coinbase Global Inc, Riot, Marathon Digital Holdings, NYSE Locations: New, New York City , New York, U.S, Cincinnati
The won jumped most in over two months, while the benchmark bond yield fell. ** The KOSPI ended 13.30 points, or 0.42%, higher at 3,182.38, its highest close since Jan. 25, having gained in the past two sessions. ** Among heavyweights, Samsung Electronics ended flat, while battery makers LG Chem and Samsung SDI rose 3.34% and 1.01%, respectively. ** The won ended at 1,116.6 per dollar on the onshore settlement platform, 0.83% higher than its previous close at 1,125.9, the sharpest daily gain since Feb. 10. ** The most liquid 3-year Korean treasury bond yield fell by 3.5 basis points to 1.104%.
Persons: , Seo Jung, 1,115.8800, Joori Roh, Jihoon Lee, Krishna Chandra Eluri Organizations: South, Samsung Electronics, LG Chem, Samsung SDI, LG Electronics, Magna International Inc, Apple Inc, Samsung Securities Locations: South Korea, SEOUL, Korean, Korea
Apple Could Use a Spring Fling
  + stars: | 2021-04-14 | by ( Dan Gallagher | ) www.wsj.com sentiment -1.00   time to read: +2 min
Apple shares jumped 2.4% Tuesday after the company announced an April 20 event to showcase some unnamed new products. That has left investors wondering what’s next; the much-rumored Apple car still seems years away at best. There is also the global semiconductor production shortage, which doesn’t bode well for a company that draws 82% of its revenue from devices packed with chips. Japan’s Nikkei newspaper reported last week that production on some Macs and iPads has been postponed due to the shortage. So Apple’s event next week gives the company a chance to at least add some better news to the mix.
Persons: Apple, what’s, doesn’t bode, don’t Organizations: Apple Inc, Apple, Microsoft, Facebook, Google, Inc, Nikkei, Epic Games
World stocks hit record high as bond yields ease
  + stars: | 2021-04-14 | by ( Kevin Buckland | ) www.reuters.com + 0.00   time to read: +4 min
TOKYO (Reuters) -Global stock markets rose to a record high on Wednesday as bond yields eased after data showed U.S. inflation was not rising wildly as the economy reopens. REUTERS/Kim Kyung-HoonMost Asia-Pacific share indexes followed Wall Street higher, with Hong Kong’s Hang Seng leading gains in the region, while benchmark U.S. Treasury yields continued their decline, marking a fresh three-week low. European stocks looked set to open modestly higher, with Euro Stoxx futures up 0.3% and Britain’s FTSE futures 0.1% higher. But the data is unlikely to change Federal Reserve Chair Jerome Powell’s view that higher inflation in coming months will be transitory. The U.S. dollar eased along with Treasury yields, slipping to a three-week low to major peers.
Persons: Kim Kyung, Hong, Hang Seng, Jerome Powell’s, Powell, Seng, it’s, , Michael McCarthy, , Johnson, Bitcoin Organizations: REUTERS, Treasury, Nikkei, Economic, of Washington, Westpac, Japan, CMC Markets, Apple Inc, Microsoft Corp, Amazon.com Inc, Nasdaq, Dow Jones, JPMorgan Chase &, Goldman Sachs, Inc, U.S, Brent Locations: TOKYO, Tokyo, Japan, Asia, U.S, Pacific, United States
TOKYO (Reuters) - Global equity markets rose to a fresh record high on Wednesday as bond yields eased after data showed U.S. inflation was not rising wildly. REUTERS/Kim Kyung-HoonMost Asia-Pacific share indexes followed Wall Street higher, with Hong Kong’s Hang Seng leading gains in the region, while benchmark U.S. Treasury yields continued their decline, marking a fresh three-week low. The U.S. consumer price index rose 0.6%, the biggest increase since August 2012, as rising vaccinations and fiscal stimulus unleashed pent-up demand. The S&P 500 gained 0.33% as it also set intra-day and record closing highs, while the Nasdaq Composite added 1.05%. The U.S. dollar eased along with Treasury yields, slipping to a three-week low to major peers.
Persons: Kim Kyung, Hong, Hang Seng, Jerome Powell’s, Powell, Johnson, Bitcoin Organizations: Global, REUTERS, Treasury, Nikkei, Economic, of Washington, Westpac, Japan, Apple Inc, Microsoft Corp, Amazon.com Inc, Nasdaq, Dow Jones, JPMorgan Chase &, Goldman Sachs, Inc, U.S, Brent Locations: TOKYO, Tokyo, Japan, Asia, U.S, Pacific, United States
S.Korea stocks slip on chip sell-off, rising domestic virus cases
  + stars: | 2021-04-14 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
The won strengthened, while the benchmark bond yield fell. ** The benchmark KOSPI slid 0.53 points, or 0.02%, to 3,168.55 as of 0206 GMT, after rising as much as 0.45% in early trade. ** Foreigners were net buyers of 75.6 billion won ($67.42 million) worth of shares on the main board. ** The won was quoted at 1,122.1 per dollar on the onshore settlement platform , 0.34% higher than its previous close at 1,125.9. ** The most liquid 3-year Korean treasury bond yield fell by 2.4 basis points to 1.115%, while the benchmark 10-year yield fell by 4.2 basis points to 1.986%.
Persons: 1,121.3800, Joori Roh, Rashmi Aich Organizations: Korean, U.S, Samsung Electronics, SK Hynix, LG Electronics, Magna International Inc, Apple Inc Locations: Korea, SEOUL, Korean
Microsoft's Nuance acquisition shows that the company has the cash and the clout to close big deals. The deal — Microsoft's second-largest ever after LinkedIn — follows a big run of M&A at the tech titan. Meanwhile, Microsoft is still said to be in talks to acquire Discord, the ubiquitous chat app, for as much as $10 billion. The company has only benefitted from the pandemic-driven remote work surge, ending its 2020 fiscal year with $136 billion cash on hand. "The key insight for all of these big tech companies is that given their core business, cash is practically unlimited, even as said unlimited cash makes it harder to create the conditions for innovation," Thompson writes.
Persons: , LinkedIn —, Satya Nadella —, Dan Ives, Dan Romanoff, Brad Smith, Smith, Slack —, Justice Department —, Slack, Pat Moorhead, Ben Thompson, Thompson, Carolina, Wedbush's Ives, Nadella, Ives, Morningstar's Romanoff Organizations: Microsoft, Communications, Windows, LinkedIn, Zenimax Media, Networks, Oracle, Big Tech, Google, Netflix, Apple, Facebook, Securities, Capitol, Justice Department, European Commission, Moorhead, GitHub, Creative Locations: Brussels
Mike Lindell's platform Frank is set to go live on Monday but VIPs can get access from Thursday. You can now sign up for VIP access to Frank, the social-media site being launched by MyPillow CEO Mike Lindell but if you choose to join, you'll still have to be careful about what you post. Although the site supports free speech, people won't be able to post swear words, porn, or death threats, Lindell said. "Free speech is not pornography, free speech isn't 'I'm gonna kill you.'" Lindell said in the video that people who do would be able to get access to the site at midnight on Thursday.
Persons: Mike Lindell's, Frank, Lindell, he'd, Mike Lindell, you'll, Donald Trump, Read, Trump, We're, Eric Metaxas, influencers Organizations: YouTube, Twitter, Newsweek, Web Services, Apple, Google, Trump, likeminded
A couple major analysts see a winning trade in Apple ahead of earnings
  + stars: | 2021-04-14 | by ( Yun Li | ) www.cnbc.com sentiment -1.00   time to read: 1 min
Apple is slated to release its quarterly earnings in two weeks, and a few Wall Street analysts are expecting a big beat from the tech giant and a rally in the stock heading into the print.
Organizations: Apple
A white-hot SPAC market and regulatory scrutiny might make some potential investors think twice. The white-hot SPAC market got even hotter earlier this week on news that Softbank-backed Grab is merging with Altimeter Growth Corp. in a record-setting $39.6 billion deal. "There are going to be some great companies that go public through the SPAC market. It might be a great company, it might be the next Tesla, but it just wasn't at that point in time worth $60 a share." So what should SPAC investors do?
Persons: Mike Murphy, SPACs, Murphy, It's, it's, Churchill Capital IV, IV, Churchill IV Organizations: SPAC Research, Rosecliff Ventures, Murphy's Rosecliff Venture Management, SEC, Apple, Churchill Capital, Lucid Motors, Churchill, Retail, that's Locations: SPACs
Amazon Echo Buds (2nd gen) price and availabilityThe new Echo Buds ship in May and are available for preorder on Amazon starting April 14. Among the biggest differences between the original Echo Buds and the second-generation Echo Buds are the design and fit. The new Echo Buds are 20% smaller than their predecessors and the case is 40% leaner, more closely resembling the AirPods Pro's case. The Echo Buds will also gain new features like "Find My Buds," which as its name suggests prompts your buds to make a chime if misplaced. The new Echo Buds seem like they could be a promising option for avid Alexa users, especially since they're priced more affordably than the original Echo Buds were at launch.
Persons: It's, There's, Miriam Daniel, we've, Daniel, They'll Organizations: Samsung, Google, Bloomberg, Apple, Amazon, Echo
Showtime values its place as the adult alternative to ViacomCBS' Paramount Plus. But sources raised concerns about its long-term prospects and "Halo" moving to Paramount Plus. But insiders say Showtime — which has its own standalone streaming service and isn't included in Paramount Plus — feels stuck. The first former staffer said this is exactly why Paramount Plus should leverage Showtime content. Showtime's biggest challenge is that it's a rather expensive add-on at $11 per month (slightly cheaper when bundled with Paramount Plus).
Persons: WarnerMedia, HBO Max, Disney, ViacomCBS, Showtime doesn't, Showtime execs, Ray Donovan, America's, Showtime hasn't, David Nevins, Nevins, Evan Agostini, You've, you've, They're, isn't, Regina Hall, Brian Koppelman, David Levien, Lena Waithe, Peacock, Bob Bakish, Stephen Beck, Beck Organizations: Showtime, Paramount, Viacom, CBS, Disney, HBO, Netflix, Marvel, Star Wars, Paramount Plus, Nickelodeon, Comedy, Hulu, Disney Plus, Apple TV, Apple, Credit Suisse, Amazon Prime, Showtime Data, cg42, Amazon Locations: Swedish
Desperate for advice on remote work, many companies have turned to economist Nicholas Bloom. Desperate for advice, many companies have turned to Nicholas Bloom, an economics professor at Stanford University. He was not only one of the few economists who had ever studied remote work before 2020 but also already in Silicon Valley's backyard teaching at a university that's basically synonymous with the tech industry. "Let employees pick their schedules and let them change as their views evolve," he wrote in a brief in June. Combine that with the fact that, in his earlier research, remote employees were promoted less than their office counterparts.
Persons: Nicholas Bloom, Bloom, he's, wouldn't, that's, we've Organizations: Stanford University, Microsoft, Facebook, Google, Apple, Twitter, Intel, Workers Locations: San Francisco, Hawaii, Bloom, Alaska
Coinbase CEO Brian Armstrong said regulation is "right up there with cybersecurity" in crypto risks. But as Coinbase makes it market debut, Armstrong said scrutiny of the company may mount. Coinbase CEO Brian Armstrong said two of the biggest risks to cryptocurrency are cybersecurity and regulation. Coinbase is the first major cryptocurrency company to go public, representing the industry's booming growth. That is set to value the company at about $49 billion ahead of its public market debut.
Persons: Brian Armstrong, Armstrong, Coinbase, Cryptocurrency, Tesla, JP Morgan Organizations: CNBC, Nasdaq, Apple
HB531 will restrict early voting hours, remove drop boxes, and require the use of a government ID when voting by mail. Hundreds of corporations, executives and celebrities released a statement Wednesday in opposition to "any discriminatory legislation or measures" that would restrict ballot access. American Airlines, Apple, Bank of America, Cisco, Facebook, Microsoft, Netflix, Starbucks, Target, Twitter and Vanguard were among dozens of corporate names to sign the statement. Celebrities to sign on included George Clooney, Queen Latifah, Demi Lovato, Lin-Manuel Miranda, Gwyneth Paltrow, Shonda Rhimes and Dwyane Wade. Chenault and Frazier two weeks prior spearheaded a coalition of prominent Black business executives calling on corporate America to come out against voter restrictions.
Persons: Bill, HB531, Berkshire Hathaway, Warren Buffett, Leonardo DiCaprio, Ariana Grande, Ken Chenault, Ken Frazier, George Clooney, Queen Latifah, Demi Lovato, Lin, Manuel Miranda, Gwyneth Paltrow, Shonda Rhimes, Dwyane Wade, Chenault, Frazier, Brian Kemp Organizations: Capitol, Amazon, General Motors, Berkshire, GOP, American Express, Merck, The New York Times, Times, Washington Post . American Airlines, Apple, Bank of America, Cisco, Facebook, Microsoft, Netflix, Starbucks, Target, Twitter, Vanguard, Republican Locations: Atlanta , Georgia, BlackRock, America
Amazon is targeting budget shoppers with its new Echo Buds headsets, internal documents show. Amazon is hoping the lower price point of its Echo Buds will set it apart in the crowded field of wireless headsets. The new Echo Buds were initially supposed to be released late last year, but were delayed, according to internal documents. 'Price performance'According to the internal documents, "price performance" is mentioned first in a list of five top differentiators and customer benefits. The documents list forecast buyers alongside general population consumers, and show Amazon targeting an outsized proportion of consumers from low-income households.
Persons: Powell, , Amazon's, Apple's Organizations: Apple, Google, Samsung, Alexa, Amazon
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