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Biden Aide to Make Appeal on Stimulus to Bipartisan Group By Bloomberg

(Bloomberg) -- President Joe Biden’s top economic adviser, Brian Deese, plans to meet with a bipartisan group of lawmakers in coming days in an appeal for the administration’s $1.9 trillion Covid-19 relief plan, according to aides familiar with the matter. Deese, head of the White House National Economic Council, expects to speak with the group in the next week or so, the people...

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Follow lockdown rules or face punishment, says UK interior minister By Reuters

LONDON (Reuters) - British interior minister Priti Patel warned those who break COVID-19 lockdown rules that they faced punishment by police, announcing a new 800 pound ($1,097.36) fine for those who attend house parties. "My message is clear: If you don't follow these rules, then the police will enforce them," Patel told a news conference. "Police officers are now moving more...

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Tesla’s No Threat to Market Leader SolarEdge By Investing.com

By Christiana Sciaudone Investing.com -- SolarEdge rose 2.3% after Morgan Stanley (NYSE:MS) initiated the photovoltaic inverter maker with a buy-equivalent rating. U.S. President Joe Biden's executive orders bolstering the clean-energy industry may also be impacting the stock, TheStreet said. "SolarEdge is the world leader in the solar PV inverter market, a position that we believe will allow the company...

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Fastly Shakes Off TikTok Loss; Time to Buy: Oppenheimer By Investing.com

By Christiana Sciaudone Investing.com -- Fastly (NYSE:FSLY) shares are up almost 8% as Oppenheimer says the TikTok loss is no biggie. The firm bumped the stock to outperform from perform and raised the price target to $125 from $108. In August, Oppenheimer sidelined Fastly on tougher 2021 comps and the loss of TikTok as a customer, which has been priced in already, Seeking...

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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.29% By Investing.com

Investing.com – U.K. equities were lower at the close on Thursday, as losses in the Oil & Gas Producers, Aerospace & Defense and Healthcare Equipment & Services sectors propelled shares lower. At the close in London, the Investing.com United Kingdom 100 fell 0.29%. The biggest gainers of the session on the Investing.com United Kingdom 100 were Sage Group PLC...

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UK sees decrease in daily COVID deaths, hits record daily vaccination rate By Reuters

LONDON (Reuters) - The United Kingdom recorded a further 1,290 deaths on Thursday from COVID-19, down from a record 1,820 the day before, and a further 37,892 cases of the disease, official data showed. The data also showed that 4.97 million people have been given the first dose of the vaccine, with 363,508 receiving it in the last 24 hours, a...

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Day-Trader Frenzy for Trendy Stocks Is Defying Decades of Losses By Bloomberg

(Bloomberg) -- Day traders getting rich buying trendy companies from solar power to cloud computing are defying two decades of money-losing history in ETFs that follow the approach. Stuffed with overvalued stocks, exchange-traded funds targeting the hottest investment themes actually lost as much as 5% per year on a risk-adjusted basis between 2000 and 2019, according to new research. It should serve as...

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Thai opposition figure says government seeks to silence him on vaccine By Reuters

By Patpicha Tanakasempipat BANGKOK (Reuters) - A banned Thai opposition politician, who is facing a criminal complaint of defaming the monarchy, on Thursday defended his criticism of the government's coronavirus vaccine strategy that relies on a company owned by King Maha Vajiralongkorn. Thanathorn Juangroongruangkit this week accused the government of mishandling the vaccine campaign, saying it was too reliant on Siam...

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