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One woman being prosecuted in Atlanta for defrauding the Paycheck Protection Program is a Walmart bakery worker. Authorities say she helped a cousin apply for pandemic bailout loans in a multi-state scheme involving phony businesses. Another defendant runs a trucking company and, according to his indictment, hired a financial adviser who helped him and at […]

Facebook FB 1.83% says it’s helping millions of the world’s poorest people get online through apps and services that allow them to use internet data free. Internal company documents show that many of these people end up being charged in amounts that collectively add up to an estimated millions of dollars a month. To attract […]

Text size Pfizer says its Omicron-targeting vaccine should be ready by March. Patrick T. Fallon/AFP via Getty Images Pfizer said it should be able to launch a redesigned Covid-19 vaccine that targets the Omicron variant of the virus by March, while Facebook parent Meta Platforms  delayed its U.S. office reopening plans and mandated booster shots […]

Jan. 6, 2022 4:40 pm ET Meta CEO Mark Zuckerberg. Photo: Nick Wass/Associated Press In “No Facebook Funding for Elections” (op-ed, Dec. 31), Tarren Bragdon and Joe Horvath endorse a ban on private funding for public election administration. The problem they target—partisan spending by public officials—may be real, but their proposed ban is a significant […]

Some say you need to be a mind reader to accurately predict which way the stock market is headed. So MarketWatch decided to ask actual mind readers — or mentalists, as they sometimes prefer to be called — to tell us what to expect in 2022. And as an added twist, we sought out a […]

The day after former Facebook employee and whistleblower Frances Haugen went public in October, the company’s team in Washington started working the phones. To lawmakers and advocacy groups on the right, according to people familiar with the conversations, their message was that Ms. Haugen was trying to help Democrats. Within hours, several conservative news outlets […]

When you watch a magician wave his right hand in a flourish, keep an eye on his left, because that’s usually where the real action is. This lesson is certainly true of Facebook’s own recent “magical” flourishes. First, Facebook unveiled a new name — Meta Platforms FB, -1.12% — as part of its project to […]

After taking an initial wait-and-see approach on the new omicron variant of coronavirus, Credit Suisse CS, +3.57%, one of the world’s largest investment banks, now sees a “considerable” risk that the U.S. and large parts of Europe will be unable to avoid “stringent” lockdowns this winter. Credit Suisse’s view is at odds with that of […]


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