Bank of America makes $500 million equity push for minority- and women-led funds
Bank of America has allocated over $500 million in equity investments to fund managers led by minorities and women.
FDA advisors recommend that new Covid vaccines target an omicron XBB variant this fall
The FDA advisory panel’s recommendation is a win for Covid vaccine makers Pfizer, Moderna and Novavax, which will race to deliver updated shots for the fall.
Virgin Galactic sets first commercial space tourism flight for this month; shares spike more than 40%
Virgin Galactic aims to launch its commercial space tourism service in late June, with a flight carrying members of the Italian Air Force.
Microsoft’s stock hits record after executives predict $10 billion in annual A.I. revenue
Microsoft’s expanding opportunity in the artificial intelligence market has reinvigorated investor excitement and lifted the stock to a record.
Chief of staff to new top Democrat on antitrust subcommittee lobbied for Apple, Amazon
Lou Correa’s selection for the role marks a shift from the leadership of former Rhode Island Democratic Rep. David Cicilline’s stewardship of the subcommittee.
Bowlero CEO calls discrimination claims made in EEOC investigation ‘absurd’
Bowlero CEO Tom Shannon calls discrimination allegations against his company “absurd,” but acknowledges an EEOC investigation may be hurting its stock.
Mercedes-Benz and Microsoft to test ChatGPT in vehicles
Similar to other industries, the potential applications of ChatGPT in the automotive industry have emerged as a growing discussion.
Twitter has suspended the accounts of a prominent Tesla and Elon Musk critic, PlainSite founder Aaron Greenspan
Before he bought Twitter, Musk remarked, “I hope that even my worst critics remain on Twitter, because that is what free speech means.”
U.S. government says several agencies hacked as part of broader cyberattack
Jen Easterly, head of the top civilian cybersecurity watchdog, said the agency was tracking the hackers “as a well-known ransomware group.”
These stocks left behind by the bull are finally starting to catch up
The S&P 500 and the Nasdaq Composite reached their highest levels since April 2022.
