China to ban minors from tipping live streamers after 10 p.m.

Beauty blogger Austin Li Jiaqi speaks with a dog on her lap during a live broadcast on Taobao e-commerce platform on October 26, 2018 in Shanghai, China. Li, 27, nicknamed “Lipstick Brother”, is China’s hottest online beauty blogger. CGV | Getty Images China’s broadcasting regulator on Saturday introduced new rules that ban minors under the … Read more

Google raises employee pay as part of performance review overhaul

Sundar Pichai, CEO of Google David Paul Morris | Bloomberg | Getty Images Google is overhauling its performance review process, implementing changes that will result in higher salaries, as the company tries to ease tensions between employees and management over compensation. Starting this week, Google is using a new performance review process called GRAD, which … Read more

Italy freezes superyacht apparently linked to Vladimir Putin

The 459ft superyacht Scheherazade docked at the Marina Di Carrara shipyard in Italy on Wednesday, March 23, 2022. Francesco Mazzei | Getty Images WASHINGTON — The Italian government on Friday froze a yacht with alleged links to Russian President Vladimir Putin, preventing the ship from leaving port. Italy’s finance ministry said an investigation revealed “significant … Read more

Fed’s fight against inflation will bring down ‘fragile’ stocks

CNBC’s Jim Cramer said Friday that the Federal Reserve’s attempts to crush inflation by raising interest rates will inevitably drive down “once-high-flying stocks” — even those that are “legit” companies. The stock market is “a major risk in containing inflation. It’s not just collateral damage, it’s one of the [Fed Chair Jay Powell’s] targets. Not … Read more

Starbucks charged with over 200 labor violations in NLRB complaint

Starbucks workers react by speaking to the media after the union vote in Buffalo, New York, on December 9, 2021. Lindsay De Dario | Reuters The regional director of the National Labor Relations Board in Buffalo, NY, filed a lawsuit Friday accusing Starbucks of 29 charges of unfair labor practices that included more than 200 … Read more

Own strong names and have money to bounce back in the market

CNBC’s Jim Cramer said Friday that bearing the current market is a waiting game for a rally – and investors need to be prepared for that time. “Your portfolio should be split between cash and stocks that can thrive in a recession. … You have to accept the fact that we’re just trying to stay … Read more