U.S. job openings rise in December; small businesses desperate for workers

Though the Labor Department’s monthly Job Openings and Labor Turnover Survey, or JOLTS report, offered cautious optimism that job growth could regain speed as coronavirus vaccines become accessible to large swaths of the population, unemployment remains pervasive. The economy shed jobs in December for the first time in eight months following renewed outbreaks of the […]

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Bitcoin soars toward $50K as Tesla takes it mainstream

Bitcoin powered to a record high on Tuesday, approaching the $50,000 mark, basking in the afterglow of Elon Musk-led Tesla’s investment in the cryptocurrency that had investors believing it may become a mainstream asset class. The most popular cryptocurrency BTC=BTSP has gained 1,150% since its March 2020 lows, as institutional investors searched for alternative investments […]

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Lilly says CFO resigns after investigation into inappropriate relationship

Eli Lilly and Co said on Tuesday Chief Financial Officer Josh Smiley had resigned after allegations about a personal relationship sparked an investigation that found “inappropriate personal communication” with some company employees. The Indianapolis-based drugmaker said it immediately hired external counsel to conduct an independent probe after it was made aware of the allegations. The […]

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