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  • Janet Yellen wins Senate approval as treasury secretary

    The Senate on Monday approved President Joe Biden’s nomination of Janet Yellen to be the nation’s 78th treasury secretary, making her the first woman to hold the job in the department's 232-year history. Yellen, a former chair of the Federal Reserve, was approved by the Senate on a 84-15 vote, becoming the third member of Biden’s Cabinet to win confirmation. Speaking on the Senate floor before the vote, Democratic Majority Leader Chuck Schumer noted the former Federal Reserve chairwoman had bipartisan support.

  • Janet Yellen confirmed as Treasury Secretary — first woman to hold the position

    Yellen is the first woman to hold the position in the Treasury’s 231-year history and only the second person to ever have served as both Federal Reserve chair and Treasury Secretary.

  • Community Advisory Board of Keiro Pacifica Senior Care Facilities Raises Concerns About Protecting Residents from COVID-19

    The Community Advisory Board of the Keiro Pacifica properties raises concerns about a Boyle Heights facility closure and patient safety.

  • Texas coach Shaka Smart in isolation after testing positive for COVID-19

    No. 5 Texas already had a pair of games postponed last week due to the coronavirus.

  • Apple’s Hardware Chief Leaves Post for New Internal Project

    (Bloomberg) -- Apple Inc. said top hardware executive Dan Riccio is stepping down from his role to lead a new project at the company and John Ternus, one of his top lieutenants, will replace him.Riccio has been senior vice president of hardware engineering since 2012, overseeing development of the hardware in the iPhone, iPad, Mac and audio products like the AirPods and HomePod. Ternus, who Bloomberg News reported last year was poised to replace Riccio, has been vice president of hardware engineering since 2013, and was most recently leading the iPhone, Mac and iPad engineering groups.Riccio will remain at the company as a vice president of engineering and focus on a new project reporting to Chief Executive Officer Tim Cook, the Cupertino, California-based tech giant said Monday in a statement. “I’m looking forward to doing what I love most — focusing all my time and energy at Apple on creating something new and wonderful that I couldn’t be more excited about,” Riccio said in the statement.Apple didn’t specify Riccio’s new assignment, but the company has at least two major hardware initiatives in the works: a self-driving car and headsets for augmented reality and virtual reality. In his previous role, Apple’s head of AR and VR hardware reported to Riccio, while the car project was moved under the leadership of John Giannandrea, the company’s machine learning chief, last year.Riccio joined Apple in 1998 and succeeded Bob Mansfield as hardware engineering chief nine years ago. When Mansfield left that job, he also remained at Apple and in 2016 became the head of the car project before retiring last year.Apple in recent years has pushed Ternus into the public eye. When the company was criticized several years ago because its Mac computers had been updated infrequently and lacked features demanded by professional users such as photo and video editors and app developers, Ternus was the prime executive responding to the complaints and pledging to improve the machines. In November, Ternus announced new Mac laptops that were the first to use company-designed chips.A person who knows Ternus told Bloomberg News in September that he is a well-respected manager who understands the technology, and despite his rising profile, has remained unassuming — all characteristics of a potential future company division head or even CEO.Riccio is the second top executive to leave Apple’s leadership team in the past year while remaining at the company in another role. Phil Schiller, Apple’s former senior vice president, was named an Apple Fellow last year leading the App Store, public relations and the creation of Apple product announcements.Chief Operating Officer Jeff Williams remains the only holdover from the executive team that served under former CEO and co-founder the late Steve Jobs. Every member under Cook has been either promoted to or hired for the executive team since Cook was named CEO in 2011.(Updates with comments from Riccio in the third paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Live By The Sharpie, Die By The Ballpoint ― Much Of Trump’s Legacy Undone In Days

    From border wall funds to the Muslim ban, the accomplishments Trump bragged about were done by executive action and have just as readily been undone.

  • Covid quarantine hotels ‘will be ready in three weeks and could cost travellers more than £1,000’

    Forcing travellers to quarantine in hotels as they enter the UK could reportedly cost them more than £1,000. The rule is expected to be on the agenda as Prime Minister Boris Johnson chairs a meeting of the Government’s Covid-O committee on Tuesday. It comes amid reports that such a hotel quarantine requirement could cost travellers more than £1,000, and take three weeks to implement.

  • KBRA Releases Research – Coronavirus (COVID-19): Monthly Retail Sales Disappoint Again but YoY Growth Offers Hope

    Kroll Bond Rating Agency (KBRA) releases research that discusses implications of the now three-month trend of weakening retail sales, the persistence of shifts in consumer behavior since onset of the pandemic, and provides perspective on recent retail sales performance relative to the prior year.

  • MyPillow CEO Mike Lindell Sues the Daily Mail Over Jane Krakowski Affair Story

    GettyMyPillow CEO and MAGA diehard Mike Lindell is suing the Daily Mail over its recent viral article claiming he had a months-long romantic relationship with actress Jane Krakowski.The staunch Trump ally’s legal effort, led by celebrity attorney and infamous “Gawker killer” Charles Harder, filed a lawsuit on Monday in the Southern District of New York reiterating the pillow mogul’s claims that prior to the Mail’s article he’d never even heard of Krakowski, a Tony-winning and Emmy-nominated actress most famous for her role as Jenna Maroney on the NBC sitcom 30 Rock, and her role on Netflix’s Unbreakable Kimmy Schmidt.In particular, the lawsuit asserted that the report caused Lindell “significant humiliation and emotional distress,” and undermined his credibility as an advocate for sobriety. While the article reported that Lindell has wooed Krakowski with champagne and liquor, Monday’s lawsuit noted that Lindell has spoken publicly about his struggles with substance abuse, and runs a recovery network for addicts.MyPillow CEO Hires Gawker-Killing Lawyer to Go After Daily Mail for Jane Krakowski Affair Story“In their bogus ‘news’ report, Defendants accuse Mr. Lindell, a reverent family man prominent in his church community, of plying Ms. Krakowski with liquor, wine and other such gifts,” the filing said. “As a recovering addict and alcoholic who frequently writes and speaks publicly about his spiritual triumphs over substance abuse, Mr. Lindell is horrified by the Defendants’ fabricated and very public accusations.”Harder has also been a personal lawyer on a variety of issues for Donald Trump, including when the former, twice-impeached president was still in office. He also represented now-former first lady Melania Trump in her defamation lawsuit against none other than the Daily Mail—a case that ended in a settlement and a retraction.“I’m glad [Harder] is getting it done fast. It’s done a lot of damage out there already, a lot of damage,” Lindell said in a brief phone call on Monday evening. “He told me it was coming this afternoon, but you’re the first person to bring my attention to it and call me about it.”A spokesperson for the Daily Mail told The Daily Beast: “We stand by our reporting.”Krakowski similarly denied the reported affair with the MyPillow CEO. In a statement to The Daily Beast last week, a spokesperson for the actress said she had “never met Mr. Lindell.”But while Lindell may be a plaintiff in the suit against the Mail, it may not be the only defamation suit the vocally pro-Trump businessman is involved in. Earlier this month, election technology company Dominion Voting Services sent Lindell a cease-and-desist notice, warning him that they may sue him for defamation if he continued to make “false and conspiratorial” claims about the Dominion’s role in the 2020 election.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • Tom Brady’s parents had coronavirus; father was hospitalized

    The father of Tampa Bay Buccaneers quarterback Tom Brady said both he and his wife contracted the coronavirus earlier this year, forcing Tom Brady Sr. to be hospitalized for three weeks. Tom Brady Sr. told ESPN Radio on Monday that he and his wife, Galynn, were "sick as a dog." The couple, both 76, missed the first two games of the younger Brady's debut in Tampa, the first time they've ever missed a game.

  • Arians' hiring put struggling Bucs on path to Super Bowl 55

    It took five coaching changes over a decade-plus of futility before the Tampa Bay Buccaneers finally got it right, luring Bruce Arians out of retirement. Two seasons later, the 68-year-old quarterback expert has them in the Super Bowl. Signing Tom Brady was a big part of solving the team’s woes.

  • Bitfarms' Mathieu Vachon Files Early Warning Report

    Mathieu Vachon announces that he has filed an early warning report in respect of his holdings in Bitfarms Ltd. ("Bitfarms") as a result of the dilution of the 8,434,403 common shares of Bitfarms held by Mr. Vachon (the "Share Dilution").

  • Suspended former Raiders, Steelers WR Martavis Bryant joins CFL

    Bryant is still serving an indefinite NFL suspension, his third since joining the league in 2014.

  • Asian Stocks Look Set to Slip; Treasuries Climb: Markets Wrap

    (Bloomberg) -- Asian stocks looked set to slip after a choppy U.S. session as investors mulled the timing of further stimulus amid gains for technology shares. Treasury yields fell and the dollar pushed higher.Futures pointed to modest declines in Japan and Hong Kong. S&P 500 futures dipped after the gauge closed higher, though gains were limited after the top Senate Democrat said an aid package was unlikely before mid-March and a U.S. health official expressed concern about vaccination delays. The Nasdaq 100 outperformed as investors awaited earnings from some of the biggest companies.Elsewhere, crude oil climbed toward $53 a barrel and gold was little changed. European stocks retreated. Australian markets are shut for a holiday.With global stocks trading around record highs investors are looking for fresh catalysts to push them higher or at least justify current valuations. That could come from a slate of earnings reports due this week. Meanwhile, the possibility that a U.S. fiscal-relief package might be delayed is undercutting a key reason why Treasury yields climbed earlier this year.President Joe Biden said he’s open to negotiate on his $1.9 trillion Covid-19 relief proposal, and is hopeful to bring Republicans behind it, though didn’t rule out pursuing a Democrat-only route. Senate Majority Leader Chuck Schumer said earlier Monday he aims to secure passage of the next round of relief by mid-March, just when jobless benefits from the last package will be running out.On the pandemic front, vaccine coverage won’t reach a point that would stop transmission of the virus in the foreseeable future, the World Health Organization said Monday. U.S. infectious-disease chief Anthony Fauci said he’s worried about delays to second doses.These are some key events coming up in the week ahead:Microsoft Corp., Apple Inc., Tesla Inc., Facebook Inc., UBS Group AG and Samsung Electronics Co. are among companies reporting results.Data on U.S. home prices and consumer confidence come Tuesday.The Federal Open Market Committee monetary policy decision and briefing by Chair Jerome Powell are scheduled for Wednesday.Fourth-quarter GDP, initial jobless claims and new home sales are among U.S. data releases Thursday.U.S. personal income, spending and pending home sales come Friday.These are the main moves in markets:StocksS&P 500 futures fell 0.1%. The S&P 500 Index rose 0.4%.Nikkei 225 futures fell 0.2%.Hang Seng futures fell 0.6%.The Stoxx Europe 600 Index declined 0.8%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.2% Monday.The euro was little changed at $1.2144.The British pound was flat at $1.3677.The Japanese yen was little changed at 103.76 per dollar.The offshore yuan was flat at 6.4872 per dollar.BondsThe yield on 10-year Treasuries declined six basis points to 1.03% Monday.CommoditiesWest Texas Intermediate crude rose 0.3% to $52.92 a barrel.Gold was little changed at $1,855 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

  • Daily Crunch: Twitter unveils Birdwatch

    Twitter pilots a new tool to fight disinformation, Apple brings celebrity-guided walks to the Apple Watch and Clubhouses raises funding. Twitter launched a new product today that it says will offer "a community-based approach to misinformation." With Birdwatch, users will be able to flag tweets that they find misleading, write notes to add context to those tweets and rate the notes written by others.

  • Joyce swaps punching for painting ahead of golden Olympic summer

    Joe Joyce has swapped punching for painting and wants his lion-inspired artwork to help Team GB roar.

  • Stock market news live updates: Stock futures open slightly lower after S&P 500, Nasdaq reach record highs

    Stock futures opened lower late Monday after a mixed day on Wall Street.

  • Covid news - live: EU threatens export controls on vaccines and Hancock refuses to say when lockdown will end

    Follow here for the latest updates on the pandemic

  • Bad Bunny to Perform Live at WWE® Royal Rumble®

    WWE (NYSE: WWE) today announced that multi-platinum recording artist and international superstar Bad Bunny will perform his hit single "Booker T" off his new album "El Último Tour Del Mundo" live for the first time at Royal Rumble this Sunday, January 31 streaming live on WWE Network at 7 pm ET.

  • Apple's hardware engineering chief to step down to focus on new project

    Riccio will report to Chief Executive Officer Tim Cook, Apple said in a statement. Riccio, who joined Apple over two decades ago as vice president of product design, was named vice president of iPad hardware engineering in 2010 and leads the Mac, iPhone, iPad and iPod engineering teams.