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Slideshow ( 2 images )BRASILIA (Reuters) - Federal prosecutors in the Brazilian state of Roraima are investigating reports that illegally-mined gold is being exchanged for COVID-19 vaccines in the Yanomami indigenous reserve, the prosecutors office told Reuters on Wednesday. The Hutukara Association, which represents the Yanomami people, flagged the issue to prosecutors with the backing of the Instituto Socioambiental, a non-governmental organization. The association said a health worker in the Homoxi district gave illegal miners vaccines in exchange for gold. The worker also sold gasoline and a generator to the miners for gold, the association said. Another case involved a separate health worker who met miners at night and gave them medicine in exchange for gold, the association said.
Persons: , Kopenawa Ianomâmi Organizations: Reuters, COVID, Wednesday, Tribal, Hutukara Association, Instituto, Health Ministry Locations: BRASILIA, Brazilian, Roraima, Brazil, Homoxi
Eruptions rocked St. Vincent on Wednesday as much of the Caribbean island remains buried under ash. On the northern part of the island, eruptions from the La Soufriere volcano have displaced roughly 20,000 people, with 4,000 of those living in shelters around the island, government officials said Wednesday. Orvil Samuel / APPatrius Kerr, 26, lives in St. Vincent with her mother, boyfriend and cousins. The U.S. Embassy in Barbados is also coordinating with Royal Caribbean Cruises for a maritime evacuation of U.S. citizens from St. Vincent to St. Martin on Friday. U.S. citizens who decide not to depart St. Vincent should be prepared to shelter in place for an undetermined amount of time.
Persons: Vincent, Orvil Samuel, Patrius Kerr, Kerr, ” Kerr, “ We’re, ” Didier Trebucq, St, Martin, Saint Vincent, Robertson S, Henry, , Elizabeth Riley Organizations: Wednesday, Emergency Management Organisation, St, Facebook, Twitter, Embassy, Royal Caribbean Cruises, Reuters, U.S . State Department, State Department, Colorado State University, CDEMA, Emergency Management Agency Locations: Caribbean, Grenadines, Wallilabou, St, Barbados, Eastern Caribbean, U.S, Georgetown
WASHINGTON (Reuters) - The U.S. Treasury Department on Wednesday unveiled a new office to oversee the implementation of economic relief programs, including nearly $420 billion in programs under President Joe Biden’s $1.9 trillion COVID-19 rescue plan. Consolidating the recovery programs covered under Biden’s American Rescue Plan (ARP) and others enacted under the Trump administration’s CARES Act will improve efficiency, equity and outreach to grantees, Adeyemo told reporters. “Many of these programs are new to Treasury, and have until now been located in disparate parts of Treasury,” Adeyemo said. The new office will oversee programs including the State and Local Fiscal Recovery Fund, Emergency Rental Assistance, the Homeowner Assistance Fund, the State Small Business Credit Initiative and the Capital Projects Fund. Others include the Coronavirus Economic Relief for Transportation Services (CERTS) Program, the Payroll Support Program, the Coronavirus Relief Fund and the Airline and National Security Loan Program.
Persons: Joe Biden’s, Andrew Kelly, Wally Adeyemo, Jacob Leibenluft, Janet Yellen, Gene Sperling, Adeyemo, ” Adeyemo, , that’s, , Leibenluft Organizations: WASHINGTON, U.S . Treasury Department, Wednesday, United States Department of, Washington , D.C, REUTERS, Trump, Treasury, State, Assistance, Fund, State Small Business Credit Initiative, Capital Projects Fund, Others, Relief, Transportation Services, Coronavirus Relief, Airline, National Security Loan Program, Treasury’s, Internal Revenue Service, Fiscal Service Locations: Washington ,
More than 100 companies sign letter opposing U.S. state voting restrictions
  + stars: | 2021-04-14 | by ( Reuters Staff | ) sentiment -0.99   time to read: +2 min
REUTERS/Elijah Nouvelage/File Photo(Reuters) - Apple Inc, 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, 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
(Reuters) - Shares of GameStop Corp rose 18% on Wednesday, snapping a seven-day losing streak to post their biggest one-day increase since March 25. REUTERS/Dado Ruvic/Illustration/File Photo/File PhotoThe video game retailer’s shares closed at $166.53 with trading volume that was more than twice the stock’s 10-day moving average. Other so-called meme stocks - shares favored by the denizens of online communities such as Reddit’s WallStreetBets - were also volatile on Wednesday. Price gains and trading volume accelerated late Wednesday morning. GameStop shares lost nearly 11% of their value that day.
Persons: Dado Ruvic, Price, , Michael Pachter, Wedbush, George Sherman, Sherman, Wednesday’s, “ GME Organizations: Reuters, GameStop Corp, REUTERS, Wedbush Securities, GameStop, Koss Corp, AMC Entertainment Locations: Refinitiv
MADRID (Reuters) - Spanish conglomerate Acciona is stepping up preparations for a stock market listing of its renewable energy unit and has hired banks to lead the deal expected to value the business at more than 8 billion euros ($9.6 billion). “The perimeter of the new company will include Acciona’s entire energy business, excluding its stake in wind turbine manufacturer Nordex,” Acciona said. The company said it would retain a 70% stake and free float would be at least 25% after the listing. A third person familiar with the matter said the deal could value the business at more than 10 billion euros. On Acciona’s energy IPO, STJ Advisors and AZ Capital will act as independent advisers, while law firms Uría y Menéndez and Davis Polk & Wardwell are acting as issuer’s legal advisers.
Persons: Sergio Perez, Acciona, JP Morgan, Goldman Sachs, Morgan Stanley, ” Acciona, Jose Manuel Entrecanales, Entrecanales, Menéndez, Davis Polk, Linklaters Organizations: REUTERS, Wednesday, Citi, Bestinver Securities, Eni, STJ Advisors, AZ Capital Locations: MADRID, Alcobendas, Madrid, wean, United States, Australia, Spain, Chile, Mexico
Russia fines domestic violence NGO for breaching 'foreign agent' law: lawyer
  + stars: | 2021-04-14 | by ( Reuters Staff | ) sentiment -0.99   time to read: +1 min
MOSCOW (Reuters) - A Russian court on Wednesday fined a prominent non-governmental organisation supporting victims of domestic violence for breaching the country’s foreign agents law, its lawyer said. (No To Violence), a group that provides legal and psychological help in domestic violence cases, was added to the justice ministry’s list of “foreign agents” last December. Russian authorities can label foreign-funded NGOs engaged in political activity “foreign agents.” The term, which carries a negative Soviet-era connotation, subjects NGOs, media outlets and individuals to increased bureaucratic scrutiny. “It’s practically a fine over the fact the centre did not register itself as a ‘foreign agent’,” Pavel Chikov, a lawyer and rights advocate, quoted Koroteyev as saying. The country decriminalized some forms of domestic violence in 2017, a move some rights groups said eroded protections for women against abuse.
Persons:, , Kirill Koroteyev, It’s, , ” Pavel Chikov, Koroteyev Organizations: Wednesday Locations: MOSCOW, Perovsky, Russia
WASHINGTON (Reuters) -A U.S. health advisory panel on Wednesday will review six reported cases of rare blood clots in women who received Johnson & Johnson’s COVID-19 vaccine a day after federal regulators paused its use to assess the issue. So far, more than 562,362 people in the United States have died from COVID-19. Top U.S. health officials, meanwhile, at a separate briefing on Wednesday urged Americans to keep their vaccination appointments as other authorized vaccines fill the void. About 185 million doses of those have been administered in the United States so far. Similar rare brain blood clots have been reported with AstraZeneca’s vaccine in Europe, where it was decided the shot’s benefits outweigh the clotting risk.
Persons: Johnson, Johnson’s, Dado Ruvic, BioNTech, Biden, Anthony Fauci, Joe Biden’s, , Fauci, We’re, Vivek Murthy Organizations: WASHINGTON, REUTERS, Moderna Inc, Pfizer Inc, U.S . Centers for Disease Control, Drug Administration, FDA, Wednesday, CNN, MSNBC, CDC, U.S, CBS Locations: U.S, United States, COVID, Europe
FILE PHOTO: Vials with a sticker reading, "COVID-19 / Coronavirus vaccine / Injection only" and a medical syringe are seen in front of a displayed Johnson & Johnson logo in this illustration taken October 31, 2020. So far, more than 562,000 people in the United States have died from COVID-19. About 185 million doses of those have been administered in the United States so far. However, J&J’s vaccine has been seen as a critical option to expand protections to harder-to-reach populations in the United States and elsewhere. Similar rare brain blood clots have been reported with AstraZeneca’s vaccine in Europe, where it was decided the shot’s benefits outweigh the clotting risk.
Persons: Johnson, Johnson’s, Dado Ruvic, BioNTech, , William Schaffner, Anthony Fauci, Joe Biden’s Organizations: WASHINGTON, Wednesday, REUTERS, Moderna Inc, Pfizer Inc, U.S . Centers for Disease Control, Vanderbilt University Medical Center, AstraZeneca, CDC, U.S . Food, Drug Administration, FDA, CNN, MSNBC Locations: U.S, United States, COVID, Europe
Goldman Sachs profit jumps on record global dealmaking
  + stars: | 2021-04-14 | by ( Reuters Staff | ) + 0.56   time to read: +1 min
FILE PHOTO: The Goldman Sachs company logo is seen in the company's space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File Photo(Reuters) - Goldman Sachs Group Inc on Wednesday blew past Wall Street expectations for first-quarter profit, as the U.S. investment bank capitalized on record levels of global dealmaking activity. An unprecedented boom in private firms merging with listed shell companies to go public has helped the Wall Street giant earn handsome fees, while its global markets unit’s performance was up 47% on the year. Earnings per share rose to $18.60 from $3.11 a year earlier. Analysts on average had expected a profit of $10.22 per share, according to the IBES estimate from Refinitiv.
Persons: Goldman Sachs, Brendan McDermid, Goldman Organizations: New York Stock Exchange, REUTERS, Goldman Sachs, Inc, Wednesday, Street Locations: New York, U.S
Denmark to ditch AstraZeneca shot, delaying vaccine rollout: media
  + stars: | 2021-04-14 | by ( Reuters Staff | ) sentiment -1.00   time to read: +2 min
COPENHAGEN (Reuters) - Denmark on Wednesday will become the first country to entirely cease administering AstraZeneca’s COVID-19 vaccine following its possible link to very rare cases of blood clots, several Danish media outlets reported on Wednesday, citing unnamed sources. FILE PHOTO: Staff member handles AstraZeneca COVID-19 vaccines in storage at Region Hovedstaden's Vaccine Center, Copenhagen, Denmark February 11, 2021. Ritzau Scanpix/Liselotte Sabroe via REUTERSThe decision, which would remove the shot from Denmark’s vaccination scheme, could delay the country’s vaccine rollout by up to four weeks, based on previous statements by health bodies. Danish Health Authority director Soren Brostrom said last month that Denmark “follows a precautionary principle” with regards to the AstraZeneca vaccine. Almost one million Danes have received their first jabs, 77% with Pfizer-BioNTech’s vaccine, 7.8% with Moderna’s shot and 15.3% with AstraZeneca’s, before it was suspended.
Persons: AstraZeneca’s, Ritzau, Sabroe, Soren Brostrom, Denmark “, Johnson, Moderna’s Organizations: Wednesday, AstraZeneca’s COVID, AstraZeneca COVID, Vaccine, Danish Health, AstraZeneca, Pfizer, AstraZeneca’s Locations: COPENHAGEN, Denmark, Copenhagen, COVID, France, Germany
U.S. Senate hate crimes bill sails past filibuster
  + stars: | 2021-04-14 | by ( Makini Brice | David Morgan | ) sentiment -0.84   time to read: +2 min
WASHINGTON (Reuters) -Hate crime legislation intended to combat violence against Asian Americans during the COVID-19 pandemic advanced in the U.S. Senate on Wednesday, easily overcoming the Senate procedural tool known as the filibuster. Under the chamber’s filibuster rule, at least 60 senators must consent to take that step, requiring bipartisan support since the chamber is divided 50-50. It cleared the initial hurdle with a bipartisan vote of 92-6. It was not immediately clear when the Senate would vote on final passage of the bill. The bill, led by Democratic Senator Mazie Hirono and Congresswoman Grace Meng, comes after a spate of high-profile attacks on Asian Americans.
Persons: Schumer, Mazie Hirono, Grace Meng, Donald Trump, , Hirono, Susan Collins, Democrat Richard Blumenthal, Jerry Moran, Don Beyer Organizations: WASHINGTON, Asian, U.S . Senate, Wednesday, Democratic, Americans, Pacific Islanders, Republican, Democrat Locations: U.S, China
WASHINGTON (Reuters) -Kristen Clarke, President Joe Biden’s nominee to lead the Justice Department’s civil rights division, fended off attacks from Republicans during her confirmation hearing on Wednesday, saying she does not support defunding the police while promising to find common ground with law enforcement. FILE PHOTO: Kristen Clarke, U.S. President Joe Biden's nominee to be assistant attorney general for the civil rights division, speaks as Biden announces his Justice Department nominees at his transition headquarters in Wilmington, Delaware, U.S., January 7, 2021. The Biden administration has also vowed to tackle environmental racial justice amid concerns that air and water pollution more often tend to hurt minority communities. “People are trying to say you’re wrong for this job when, dear God, you are what we need in the Civil Rights Division of the Justice Department,” Democratic Senator Cory Booker said. “If you’re wrong for this job, then Thurgood Marshall was wrong,” Booker continued, referring to the late civil rights attorney and Supreme Court justice.
Persons: Kristen Clarke, Joe Biden’s, Joe Biden's, Biden, Kevin Lamarque, Clarke, , , ” Clarke, Todd Kim, Kim, Ted Cruz, Cory Booker, Thurgood Marshall, ” Booker, Marshall “, Dick Durbin, “ Ms Organizations: WASHINGTON, REUTERS, Harvard University, Police, Justice Department, Lawyers ’, Civil, Environment, Natural Resources, District of Columbia, Senate, Asian, Republican, Wednesday, Pacific Islanders, Republicans, Division, Democratic, Harvard Locations: U.S, Wilmington , Delaware
FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium, March 24, 2021. REUTERS/Yves Herman/File PhotoBRUSSELS (Reuters) - Amnesty International, Privacy International and 28 other civil and human rights groups on Wednesday urged EU lawmakers to take a strong stand on privacy rights in proposed rules governing Facebook’s WhatsApp and Microsoft’s Skype. The call by the group in a letter to the European Parliament, whose members are spread out across Europe, is in response to what they said are attempts by EU countries to weaken privacy rights. These clauses had been proposed by EU lawmakers as a basis for the talks. EU lawmakers should restore these clauses because privacy has become a paramount issue during the COVID-19 pandemic as people move online for everyday activities and exchanges, the group said.
Persons: Yves Herman, Facebook’s WhatsApp, , ” Eva Simon Organizations: European Commission, REUTERS, Amnesty, Privacy, Wednesday, Skype, EU, Commission, Civil Liberties Union for Europe Locations: Brussels, Belgium, BRUSSELS, Europe
FILE PHOTO: A logo of Tesco is pictured outside a Tesco supermarket in Hatfield, Britain October 6, 2020. REUTERS/Peter Cziborra/File PhotoLONDON (Reuters) - Tesco, Britain’s biggest retailer, on Wednesday beat its guidance by reporting total adjusted retail operating profit of 1.99 billion pounds ($2.74 billion) after seeing “exceptionally strong” sales during the COVID-19 pandemic. The retailer reported a 6.3% rise in group like-for-like sales, including a 7.7% lift in its core British market. UK online surged 77% to 6.3 billion pounds as it doubled capacity to 1.5 million slots a week. Operating profit, however, fell 14.7% as the company incurred costs in adapting to the pandemic.
Persons: Peter Cziborra, Ken Murphy, Organizations: Tesco, REUTERS, Britain’s, Wednesday Locations: Hatfield , Britain
Germany's CPI, Aroundtown to buy Globalworth in $1.88 billion real estate deal
  + stars: | 2021-04-14 | by ( Reuters Staff | ) sentiment -1.00   time to read: +1 min
(Reuters) -Germany’s CPI Property Group and Aroundtown SA on Wednesday offered to buy London-listed Globalworth Real Estate Investments in a deal valued at about 1.57 billion euros ($1.88 billion). Shareholders in Globalworth, which mainly operates in the office sector in Poland and Romania, will be entitled to get 7 euros per share in cash, CPI said. Office real estate has taken a hit during the COVID-19 pandemic as restrictions forced people to work from home, while slow vaccination roll-outs in Europe has cast doubts on the speed of reopening and return to work plans. CPI’s portfolio consists of office properties, retail, residential as well as hotels and resorts. Aroundtown invests mainly in commercial and residential real estate.
Persons: Globalworth Organizations: Reuters, Aroundtown SA, Wednesday, Investments, Aroundtown Locations: London, Globalworth, Poland, Romania, Guernsey, Europe
Drone Attacks Iraq Airport Housing U.S. Troops
  + stars: | 2021-04-14 | by ( Ghassan Adnan | Jared Malsin | ) sentiment -0.99   time to read: +1 min
BAGHDAD—A drone carrying explosives attacked a U.S. air base in northern Iraq on Wednesday, U.S. and Iraqi officials said. No casualties were reported in the attack on the airport in Erbil, which doubles as a base for U.S. troops, according to the interior ministry of the Kurdistan Regional Government and the U.S.-led military coalition in Iraq. The attack on the military section of the airport was carried out by a drone carrying explosives, according to a statement from the interior ministry. The drone landed on a storage hangar at the air base, causing a fire that was later extinguished, according to the U.S.-led coalition. It follows months of tensions between the U.S. and Iran, whose allied militias in Iraq have launched a series of attacks on U.S. bases in the country.
Organizations: Wednesday, Kurdistan Regional Government, U.S Locations: BAGHDAD, U.S, Iraq, Erbil, Kurdistan, Iran
Federal Advisory Panel to Meet Wednesday on J&J Vaccine
  + stars: | 2021-04-14 | by ( Betsy Mckay | ) sentiment -0.57   time to read: +1 min
A federal advisory panel will meet Wednesday to debate whether and how Johnson & Johnson ’s Covid-19 vaccine should continue to be used in the U.S., following reports of rare but severe blood clots among a few recipients. Its findings and decisions will help determine how the federal government moves forward with the J&J vaccine at a difficult juncture in the pandemic. The U.S. is racing to vaccinate more people to damp the impact of more-infectious and rapidly spreading variants of the Covid-19 virus. J&J has said it is aware of the cases involving blood clots and low platelet counts and is working with health authorities. President Biden said the U.S. has sufficient supplies of other vaccines to inoculate all eligible adults in the U.S.
Persons: Johnson, Biden Locations: U.S
MUMBAI/AHMEDABAD, India (Reuters) -India’s new coronavirus infections hit a record level on Wednesday with Mumbai set to be locked down at midnight, but hundreds of thousands of pilgrims still thronged to a religious festival in the north of the country. A police officer maintains order as people wearing protective masks wait in line to enter the Lokmanya Tilak Terminus railway station, amidst the spread of the coronavirus disease (COVID-19) in Mumbai, India, April 14, 2021. REUTERS/Niharika KulkarniThe country reported 184,372 cases in the last 24 hours, health ministry data showed, taking total infections to 13.9 million. India’s commercial capital Mumbai was bustling with shoppers, stocking up before the lockdown comes into effect. CROWDS OF PILGRIMSChhattisgarh state - one of several hinterland regions struggling with a surge in cases - set up a temporary 370-bed hospital in an indoor stadium.
Persons: Niharika Kulkarni, , Susheela, Becharbhai Waghela, Shantaben, Avinash Chaturvedi, Sanjay Gunjyal Organizations: REUTERS, Ahmedabad Civil Hospital, Reuters Locations: MUMBAI, AHMEDABAD, India, Mumbai, Maharashtra, Gujurat, Ahmedabad, Chhattisgarh, Haridwar, Wednesday, Haridwar district
Biden Sends Unofficial Delegation to Taiwan as Beijing Ramps Up Pressure
  + stars: | 2021-04-14 | by ( Chao Deng | ) + 0.73   time to read: +1 min
TAIPEI—A former U.S. senator and two former U.S. deputy secretaries of state are traveling to Taiwan, leading the first unofficial delegation dispatched by the Biden administration, amid heightened tensions with Beijing over the future of the self-ruling island. Christopher J. Dodd, a former Democratic senator from Connecticut, and former senior State Department officials Richard Armitage and James Steinberg will land in Taipei on Wednesday afternoon local time, Taiwan’s Foreign Ministry said. During their three-day stay, the U.S. delegation will meet Taiwan President Tsai Ing-wen and other high-level officials, according to a person familiar with the matter. Visits to Taiwan by senior figures associated with the U.S. government, even former officials, are hypersensitive for Beijing, which regards Taiwan as a part of Chinese territory and has grown increasingly aggressive in its posture toward the island. A statement by a Taiwanese Foreign Ministry spokeswoman characterized the U.S. team as “a senior visiting group specially dispatched by President Biden” to convey the U.S.’s “firm friendship and support.”
Persons: Biden, Christopher J, Dodd, Richard Armitage, James Steinberg, Tsai Ing, Biden ”, Organizations: Democratic, State Department, Wednesday, U.S, Taiwan, Central News Agency, U.S ., Taiwanese Foreign Ministry Locations: TAIPEI, U.S, Taiwan, Beijing, Connecticut, Taipei, Washington
World stocks post record highs as bond yields ease
  + stars: | 2021-04-14 | by ( Tom Arnold | Kevin Buckland | ) + 0.00   time to read: +4 min
LONDON/TOKYO (Reuters) - Global stock markets pushed to record highs on Wednesday as bond yields eased, after data showed U.S. inflation was not rising too fast as the economy re-opens. REUTERS/Kim Kyung-HoonWith fears receding for now that a strong inflation reading might endanger the Federal Reserve’s accommodative stance, European shares opened 0.1% higher. Benchmark U.S. Treasury yields continued their decline, marking a fresh three-week low. WEAKER DOLLARFor bond markets, the question is whether the benchmark yield can break below 1.6% from as low as 1.611% on Wednesday, Westpac strategists wrote in a client note. The U.S. dollar eased along with Treasury yields, slipping to a three-week low against major peers.
Persons: Kim Kyung, Johnson, Hong Kong’s, Jerome Powell’s, Powell, François Savary, Organizations: REUTERS, Federal, Johnson, Benchmark U.S, Treasury, Nikkei, Reuters, Economic, of Washington, Partners, , JPMorgan Chase &, Goldman Sachs Group Inc, Deutsche, Wednesday, Westpac, U.S, Brent Locations: TOKYO, Tokyo, Japan, Europe, Asia, U.S, Swiss, United States
LONDON — Climate awareness has come a long a way, according to Ryanair's CEO Michael O'Leary, who concedes he was an initially an environmental skeptic himself. Speaking to CNBC on Wednesday, O'Leary said: "I was one of the original skeptics." Frankly, 20, 30 years ago we all thought the environmentalists were a bunch of nutters, you know. Eurostar trains, for example, allow customers to go from Paris to London in two hours. But ultimately, the domestic short-haul flight was "never a big feature of our business," O'Leary said.
Persons: Michael O'Leary, O'Leary, it's, " O'Leary Organizations: CNBC, Wednesday, Ryanair, Eurostar Locations: France, London, Paris, Brussels
Goldman Sachs on Wednesday blew past analysts' expectations with record first-quarter net profits and revenues on strong performance from the firm's investment banking and trading businesses. At Goldman, the deluge of SPACs helped push investing banking net revenues to a record $3.77 billion for the quarter, including record equity underwriting. The headline investment banking revenue number exceeded the $2.9 billion estimate and represents a 73% surge from the same time last year. Asset management generated record quarterly net revenues of $4.61 billion, reflecting record net revenues from equity investments. Of the six biggest U.S. banks, Goldman gets the biggest share of its revenue from Wall Street activities including trading and investment banking.
Persons: Goldman Sachs, David Solomon, JPMorgan Chase, SPACs, Goldman Organizations: Wednesday, Refinitiv, Refinitiv ., Trading, Banking, Goldman, JPMorgan, Equity, Global, Wall, KBW Locations: York, Wells
Amazon on Wednesday announced the second version of its Echo Buds headphones that are smaller and start at $99 while promising some of the features found in Apple's $249 AirPods Pro. The new Echo Buds have active noise cancellation, like the AirPods Pro. Amazon says they block twice as much background noise as the first model. Amazon seems to have addressed a lot of the complaints I had with the first version of Echo Buds. They're 20% smaller than the first generation and are supposed to be more comfortable thanks to a redesign and a variety of rubber tips that come with the headphones.
Persons: Alexa Organizations: Wednesday, Bluetooth
Nasdaq gave Coinbase Global (COIN) a reference price of $250 per share ahead of Wednesday's planned direct listing. Bitcoin has been surging in recent sessions, ahead of the Coinbase debut. Earlier this month, Pfizer (PFE) said its vaccine, which uses technology similar to Moderna's, was around 91% over the same period. A senior administration official called the September date an absolute deadline that won't be affected by security conditions in Afghanistan. The report also describes conversations between officials as they disagreed on whether National Guard forces were necessary as back up.
Persons: Wednesday's, Bitcoin, Cramer, Coinbase, bitcoin, Johnson, George Floyd, Floyd, Joe Biden, Donald Trump's Organizations: Nasdaq, Coinbase Global, CNBC, CDC, Covid, Pfizer, Prosecutors, U.S . Capitol Police, National Guard Locations: Minneapolis, Afghanistan
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