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Powell’s press conference, Federal Reserve meeting: LIVE Updates Federal Reserve Chairman Jerome Powell gives his latest views on inflation, tapering and the health of the U.S. economy amid rising COVID-19 cases and a return to mask mandates.

Citizens Financial beefs up NYC presence with $3.5B deal for Investors Bancorp Citizens Financial agreed to buy Investors Bancorp, announcing its second major deal this year.

Pfizer sees COVID-19 vaccine revenue rise, expects to deliver 2.1 billion doses in 2021 Pfizer expects to deliver 2.1 billion doses of its COVID-19 vaccine in 2021, with plans to manufacture a total of 3 billion by the end of 2021.

Activision Blizzard CEO sends letter to employees, admits ‘tone deaf’ response to lawsuit Bobby Kotick, the CEO of Activision Blizzard, sent a letter to employees on Tuesday acknowledging that the company’s initial response to a discrimination lawsuit filed in California was “tone deaf,” and assured his team that steps have already been taken to ensure a “safe and welcoming work environment.”

https://ift.tt/3iUgrwh Furniture sales have surged during the pandemic, leading to major backlogs at manufacturing facilities. This means consumers around the nation should expect delays on their orders. A manufacturer in Conover, North Carolina says their shipping times used to be 8 weeks, but now it's taking them 22 weeks to send orders to customers. Industry experts say supply chain shortages are also contributing to the backlog, creating the perfect storm in recent months.

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Starbucks shares fall on reduced China outlook

Ex-eBay employee sentenced to 18 months for cyberstalking campaign A former eBay employee has been sentenced to a year and a half behind bars after pleading guilty to taking part in a harassment campaign against a Massachusetts couple along with other former employees of the auction site.

https://ift.tt/3yaoITi A former eBay employee has been sentenced to a year and a half behind bars after pleading guilty to taking part in a harassment campaign against a Massachusetts couple along with other former employees of the auction site.

https://ift.tt/3f1krdc Apple announced Tuesday a new overall June quarter revenue record of $81.4 billion, a 36% year-over-year increase compared to $59.6 billion a year ago. The company posted a quarterly net profit of $21.7 billion, or $1.30 per diluted share, versus a profit of $11.2 billion, or 65 cents per diluted share, a year ago.

https://ift.tt/3f4sPIT Microsoft reported beating expectations on earnings and revenue in its fiscal fourth-quarter results after the closing bell on Tuesday.

Furniture manufacturers are reporting major shipping delays nationwide Furniture sales have surged during the pandemic, leading to major backlogs at manufacturing facilities. This means consumers around the nation should expect delays on their orders. A manufacturer in Conover, North Carolina says their shipping times used to be 8 weeks, but now it's taking them 22 weeks to send orders to customers. Industry experts say supply chain shortages are also contributing to the backlog, creating the perfect storm in recent months.

Apple crushes June quarter earnings records Apple announced Tuesday a new overall June quarter revenue record of $81.4 billion, a 36% year-over-year increase compared to $59.6 billion a year ago. The company posted a quarterly net profit of $21.7 billion, or $1.30 per diluted share, versus a profit of $11.2 billion, or 65 cents per diluted share, a year ago.

https://ift.tt/3iPl7Ua Representatives from several major companies on Tuesday declined to denounce the genocide against the Uyghur people in China when directly asked by Arkansas Republican Sen. Tom Cotton.

https://ift.tt/3zz2ISm Lawmakers are sounding the alarm about the IRS leak of wealthy taxpayer records earlier this year and are demanding accountability.

Coca-Cola, Visa reps refuse to condemn China's treatment of Uyghur people, Cotton calls it 'pathetic' Representatives from several major companies on Tuesday declined to denounce the genocide against the Uyghur people in China when directly asked by Arkansas Republican Sen. Tom Cotton.

https://ift.tt/3BMMYwZ A group of Democrats on Tuesday renewed their pressure on President Biden to use his executive authority to cancel billions of dollars in student loan debt and extend a moratorium on payments that's poised to expire in September.

IRS leak of wealthy taxpayer records can be used to destroy any American: Rep Issa Lawmakers are sounding the alarm about the IRS leak of wealthy taxpayer records earlier this year and are demanding accountability.

Microsoft beats expectations on earnings and revenue Microsoft reported beating expectations on earnings and revenue in its fiscal fourth-quarter results after the closing bell on Tuesday.

https://ift.tt/371snGT Chinese tech stocks listed in the U.S. were pummeled for the third day after popular messaging app WeChat temporarily blocked new users from registering.