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Business News

Location American Business News for 29 Jan 2023

Elon Musk Reaffirms Offer toTesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made... the offer a year ago but McDonald’s responded with a counteroffer at the time. Elon Musk, McDonald’s, and Dogecoin Payments Tesla, Spacex, and […]
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Companies' Layoff Strategies AExpect more company actions ahead
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Effective Ways To PersonalizeIf you aim to make 2023 the year of personalization for your company, you'll be able to better meet consumers' expectations. Implement the following strategies to get started.
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Crypto Bank Custodia DeniedThe U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the... digital asset bank is inconsistent with legal requirements. Federal Reserve Board Says Business Model Proposed by Custodia Bank Presents Risks Crypto bank Custodia has […]
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A laid-off Googler says"I see a lot of 'deeply saddened' and all that stuff," former Googler Mallika Iyer wrote in a LinkedIn post, adding: "No one died. Seriously."
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Climate startups have a growing talent pool and hiring is on the upswing, according to recruiters, venture capitalists, and recent hires.
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Google Ad Business Breakup Would Reshape Sector

Wall Street Journal - 29 Jan 2023 12:30
Google Ad Business BreakupIf the government prevails in its antitrust case, an asset spinoff is thought to be more likely than a sale.
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New York State Takes a StepThe state of New York has announced a new bill that would allow agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state.... Introduced on January 26 by Democratic Assembly Member Clyde Vanel, the New York State Assembly Bill A523 legislation suggests changes to the state's current financial law to allow for the use of cryptocurrencies in payments to state agencies....
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White House Unveils Plan toThe White House has published a roadmap asking authorities to increase enforcement and ramp up efforts to regulate the crypto sector. In an official blog on Friday, the Biden Administration detailed... its plans to address potential risks from cryptocurrencies in a roadmap that calls for authorities to "ramp up enforcement where appropriate" and Congress "to step up its efforts" to regulate the industry. ...
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Milwaukee Bucks, MarquetteA new partnership between the Milwaukee Bucks and Marquette University will help develop the next generation of sports and entertainment management.
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German chancellor's indecisionOlaf Scholz, Germany's chancellor, inspired the term, which means indecisive foot-dragging despite the communication of good intentions.
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Plantd Raises $10M, PioneeringSerial entrepreneur Josh Dorfman teams up with a couple of former SpaceX engineers to disrupt the building materials market. They just closed their Series A round. Now they're planning to build out... the supply chain and a wildly innovative production facility in North Carolina.
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How Marvel Saved $40 MillionMarvel Studios received a $41.7 million tax break for filming Doctor Strange in the Multiverse of Madness in the United Kingdom
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Robert Kiyosaki Says 'We AreThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that... there is good news for investors looking for “bargains.” Robert Kiyosaki’s Latest Warnings The author of Rich Dad Poor Dad, Robert Kiyosaki, is back […]
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Sony Spends A Record $140Season 5 of royal docudrama The Crown is the most expensive instalment in the history of the show with production costs hitting $143.3 million.
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Shell and BP face tough job ofThe oil giants will also have to contend with intensifying calls to put more money into clean energy The bosses of Shell and BP face the same task as they prepare to present their companies' annual... results this week, but at completely different points in their tenures. Wael Sawan will make his City debut after taking over as Shell chief executive at the start of the year. Bernard Looney marks three years since a watershed presentation in London when he took over at BP, unveiling a target to hit net zero by 2050 or sooner. The pair now each have the task of convincing the public they are not profiteering during the energy crisis - while keeping investors sweet. Profits surged in 2022 on the back of high gas prices caused by the invasion of Ukraine, and are expected to stay high against...
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Amazon's Bold $5 PrescriptionThe company is disrupting how medications are acquired.
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Electronics export from IndiaElectronics export from India is expected to cross Rs 1.28 lakh crore in the next financial year, minister of state for electronics and IT Rajeev Chandrasekhar has said.
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Can I save proceeds from a land sale in FDs?

livemint.com - 29 Jan 2023 19:30
Can I save proceeds from aIn case, the assessee is unable to purchase or construct the new house till the date of filing the original return of income, the net consideration not utilized to purchase or construct new house... shall be required to be deposited in Capital Gains Deposit Account Scheme with a specified bank by the due date of filing of the original tax return.
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Climate change and changing insurance needs

livemint.com - 29 Jan 2023 19:26
Climate change and changingAlways factor in inflation in the current cost of treatment while determining the sum assured
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From 97% to 42%: How tax ratesSurcharge was removed and reintroduced multiple times in various budgets but became permanent from 2013
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How to Manage Client Expectations as a New Freelancer

Small Business Trends - 29 Jan 2023 19:00
How to Manage ClientWhen you're a freelancer, it's crucial to set client expectations upfront. Here is how you can manage client expectations as a new freelancer.
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Stocks This Week: Buy AnalogHere are a pair of stocks for aggressive portfolios.
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Adani's $2.5 billion shareAdani faces a critical day on Monday with his flagship company's $2.5 bn share sale's second day of bidding overshadowed by a $48 bn rout in his stocks which was sparked by a US short seller's report
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Hindenburg Research's conductThe company said there are three key themes from the Hindenburg Report like selective and manipulative presentation of matters already in the public domain to create a false narrative
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