Netflix’s Reed Hastings exercised $612 mln from stock options in 2020
Netflix Inc (NFLX.O) co-Chief Executive Officer Reed Hastings realized $612.13 million from exercising his stock options in 2020, a year of bumper subscription growth for the video-streaming giant. The company, which crossed 200 million subscribers last year as people sought entertainment from home during the COVID-19-imposed lockdowns, saw its shares rise more than 67% in 2020. Hastings […]
Tedros denounces vaccine inequity as COVAX scheme marks first year
GENEVA (Reuters) – Coronavirus vaccines remain out of reach in the poorest countries, the head of the World Health Organization (WHO) said in a report on Friday, marking the first anniversary of the COVAX dose-sharing facility. “Nearly 900 million vaccine doses have been administered globally, but over 81% have gone to high- or upper middle-income […]
Italy’s 5-Star splits with web platform as it heads towards mainstream
Italy’s 5-Star Movement on Friday parted company with its co-founders at the firm that provides its internet platform as new leadership transforms a protest party committed to web-based direct democracy into a more mainstream, centre-left group. 5-Star has been in government since its triumph at 2018 elections and is the largest party in parliament, but […]
U.S. lawmaker introduces bill to restore FTC ability to get money back from scammers
Representative Tony Cardenas, along with other Democrats, has introduced a bill that would restore the Federal Trade Commission’s ability to force scam artists and deceptive companies to return ill-gotten gains.
U.S. officials hopeful as advisers meet again on J&J COVID-19 vaccine
Advisers to the U.S. Centers for Disease Control and Prevention will meet again on Friday to consider whether it is safe to resume injections of Johnson & Johnson’s COVID-19 vaccine, as senior U.S. health officials prepare for a green light. The panel last week called for more data about a possible link to rare blood […]
U.S. manufacturing, new homes sales underscore booming economy
U.S. factory activity powered ahead in early April, though manufacturers increasingly struggled to source raw materials and other inputs as a reopening economy leads to a boom in domestic demand, which could slow momentum in the months ahead.
Sanitation for generations: It takes a village (to raise a child‘s height)
By Milan Thomas A study in the Lao People’s Democratic Republic indicates that low-cost, village-wide efforts to improve sanitation have powerful benefits that cascade across income and age groups. Hand sanitizer. Face masks. Air filters. Hygiene has taken center stage for the past year as a critical defense against COVID-19. Sanitation and hygiene are critical not […]
Return the favour: South Korea looks to U.S. for COVID-19 vaccine aid
South Korea hopes the United States will help it tackle a shortage of coronavirus vaccine in return for test kits and masks Seoul sent to Washington earlier in the pandemic, the foreign minister said on Wednesday. The government has drawn fire from the media for not doing enough to secure enough vaccines early, with just […]
For state-owned power utility companies in the Pacific, it’s time to cut the cord
State-owned power companies in the Pacific are increasingly becoming a fiscal risk in part due to their outdated management practices. Reforms are needed to allow them to prosper and perform into the future.
Bain Capital considering bid to take Toshiba private -sources
Bain Capital is looking at formulating a bid to acquire Toshiba Corp (6502.T), two people familiar with the matter said, making it one of several firms said to be interested in taking the Japanese conglomerate private. The U.S. firm has entered into discussions with Japanese banks including the core units of Mizuho Financial Group Inc (8411.T) and Sumitomo […]
