Chamath Palihapitiya, who took Virgin Galactic public, steps down from space company’s board

In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose…

This HR manager took 3 months off with pay to hike in Europe. Here’s why her tech company let her do it

Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like remote work, flexible hours, four-day workweeks, compensation and more. This story is part of a series looking at the “Great Reshuffle” and the shift in…

Walmart says shoppers are on alert as grocery bills climb

In this article WMT A shopper wearing a protective mask shops in a Walmart store on May 18, 2021 in Hallandale Beach, Florida. Joe Raedle | Getty Images Walmart Chief Financial Officer Brett Biggs said shoppers aren’t trading down to cheaper brands, buying smaller packs or skipping over discretionary items — but said they are…

DoorDash stock pops 30% on revenue beat, strong order numbers

A Doordash delivery person rides their bike on Church Avenue in the Flatbush neighborhood of Brooklyn on December 04, 2020 in New York City. Food delivery startup DoorDash Inc is expected to raise its U.S. initial public offering up to $3.14 billion. Michael M. Santiago | Getty Images Shares of DoorDash soared as much as…

No reversal on China’s tech crackdown in sight as Xi calls for more work on laws

The Great Hall of the People is seen after the closing meeting of the fourth session of the 13th National People’s Congress (NPC) on March 11, 2021 in Beijing, China. VCG | Visual China Group | Getty Images BEIJING — Chinese President Xi Jinping told top leaders to speed up work on new laws for…

The ‘Freedom Convoy’ trucker protests have worsened supply chain issues — here’s what you need to know

Escalating vaccine mandate protests near the Canada-U.S. border — known as the “Freedom Convoy” — have sent Canada into a state of emergency. They’re also affecting the price of a variety of goods for Americans. What started in January as a protest against new vaccine requirements for truckers crossing the border into Canada from the…

Bezos’ Blue Origin is building more rockets to meet ‘robust demand’ for space tourism, CEO says

A Blue Origin New Shepard rocket lifts off with a crew of six, including Laura Shepard Churchley, the daughter of the first American in space Alan Shepard, for whom the spacecraft is named, from Launch Site One in west Texas, U.S. December 11, 2021. Joe Skipper | Reuters WASHINGTON – Jeff Bezos’ space company Blue…

The cost of long-term care is rising amid staffing shortages. How to cover these expenses

Westend61 | Westend61 | Getty Images Long-term care expenses are growing, with sizable hikes for home-based services as the industry struggles to meet soaring demand from aging Americans.    That’s according to Genworth’s 2021 Cost of Care Survey, a yearly report covering nationwide senior caregiving. While the median yearly costs rose across all provider types, home-based…

Clients moving from a high-tax state? Be prepared for a residency audit

“Should I stay or should I go?” sang The Clash years ago. Residents of New York, Connecticut, New Jersey, Rhode Island, California and other high-tax states are now singing a similar song. The thought of moving to a lower-tax state is more prevalent than ever in light of the federal Tax Cuts and Jobs Act…

California lays out plan to live with Covid for the long-term, fight future surges and new variants

A COVID-19 testing location is shown set up on the sidewalk in downtown Los Angeles, California, November, 16, 2021. Mike Blake | Reuters California on Thursday laid out a plan that manage Covid as a permanent aspect of life, anticipating future surges and new variants that may require public health measures such as facemasks depending…

Walmart tops quarterly estimates, backs long-term forecast as it focuses on value amid rising food prices

In this article WMT A shopper carries a bag outside a Walmart store in San Leandro, California, on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Walmart will report fourth-quarter earnings before the bell on Thursday, as investors look for clues about how shoppers are responding to inflation. Here is what…