Business News
American Business News for 25 Jan 2021
Key Words: Birx says Trump was fed misleading 'parallel data' about coronavirus
Market Watch - 25 Jan 2021 05:11Former coronavirus task force coordinator Dr. Deborah Birx said her job was hampered by misleading information and COVID-deniers within the White House.
The Wall Street Journal: Mexico's president says he's tested positive for COVID-19
Market Watch - 25 Jan 2021 04:09Andrés Manuel López Obrador said that his symptoms are mild and that he's receiving medical treatment.
Chinese Video-App Firm Kuaishou Launches $5.4 Billion IPO in Hong Kong
Wall Street Journal - 25 Jan 2021 03:53Chinese video-clip and live-streaming group Kuaishou Technology is seeking to raise up to $5.4 billion from an initial public offering, joining a string of tech companies from China that have listed... in Hong Kong.
Ethereum's Ether Cryptocurrency Sets New All-Time Price High Above $1,450
Coin Desk - 25 Jan 2021 02:39The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.
Mad Money's Jim Cramer Advises $731M Powerball Jackpot Winner to Put 5% in Bitcoin
Bitcoin.com - 25 Jan 2021 02:30
A Mild Winter Continues Low U.S. Natural Gas Prices
Forbes - 25 Jan 2021 02:05
The Wall Street Journal: NCR nears deal to buy Cardtronics for around $1.7 billion
Market Watch - 25 Jan 2021 00:54NCR Corp. is nearing a deal to buy Cardtronics PLC after outbidding a pair of investment firms that had earlier agreed to buy the ATM operator.
Microsoft admits it 'messed up' on its Xbox Live Gold price hike, and is reversing the move following a huge backlash from fans
Business Insider - 25 Jan 2021 12:05Just hours after saying it would hike the price of a six-month Xbox Live Gold plan to $60, Microsoft back-tracked on the decision.
Kelley Blue Book: What it's like to drive the 2021 Alfa Romeo Giulia
Market Watch - 25 Jan 2021 12:05This sport sedan has a turbocharged 4-cylinder engine that makes more power than those in rival cars.
NerdWallet: Are they coming for your car? How to handle repossession
Market Watch - 25 Jan 2021 12:03If you think your car could be repossessed, it may not be the end of the road--there could still be ways to avoid it or at least lessen the damage.
NerdWallet: Is your life insurance company cool with marijuana?
Market Watch - 25 Jan 2021 12:02While some insurers don't mind covering you if you use weed, others will charge you higher rates or deny your application outright.
Ray Dalio's Bridgewater lost $12.1 billion in nightmarish 2020 - but he's still the best hedge fund manager of all time
Business Insider - 25 Jan 2021 12:01Ray Dalio's Bridgewater Associates had a shocking 2020, losing $12.1 billion for investors even as other firms boomed in the "year of the hedge fund".
Amazon Union Drive Takes Hold in Unlikely Place
The New York Times - 25 Jan 2021 12:00
Are Stocks in a Bubble? How Options Are Driving Markets Higher
The New York Times - 25 Jan 2021 12:00
Smart-Lock Maker Latch to Use Tishman Speyer SPAC to Go Public
Wall Street Journal - 25 Jan 2021 12:00Latch Inc., a maker of smart locks and building-management software, plans to go public using a so-called blank-check vehicle, joining the parade of startups looking to cash in on investor interest in... tech-enabled businesses.
Next Avenue: How the pandemic has impacted technology for older adults
Market Watch - 25 Jan 2021 11:59What impacts will COVID-19 have on development of technologies that enable older adults to connect with their communities and live independently?
Virginia tech firm offers staff option to get paid in Bitcoin, Ether
Coin Telegraph - 25 Jan 2021 11:56
India's Fears Of A 'Taper Tantrum' Have A History Problem
Forbes - 25 Jan 2021 11:55
2021 Could Be Like 2017 -- When Bitcoin Blasted Up More Than 21-Fold
Crypto News - 25 Jan 2021 11:55
Former UK Cybersecurity Chief Says Laws Needed to Stop Ransomware Pay Outs
Coin Desk - 25 Jan 2021 11:43"People are paying bitcoin to criminals and claiming back cash" via insurance claims, Ciaran Martin said.
Europe Markets: Earnings help nudge European stocks higher, while airlines hit by Biden tightening restrictions
Market Watch - 25 Jan 2021 11:43European stocks rose on Monday, with strong earnings and signs that California is reopening offsetting worries about the travel industry.
TikTok rival Kuaishou aims to raise $5.4 billion in what could be the biggest tech IPO since Uber
Business Insider - 25 Jan 2021 11:42The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion.
Global stocks edge higher at the start of a blockbuster earnings week as optimism over Biden's proposed $1.9 trillion stimulus package offsets virus worries
Business Insider - 25 Jan 2021 11:24President Biden's administration is making attempts to garner bipartisan support for the proposed $1.9 trillion stimulus plan.
China's Love of TikTok-Style Apps Powers $5 Billion IPO
Wall Street Journal - 25 Jan 2021 10:54
Stock Futures Rise to Start a Busy Week for Earnings
Wall Street Journal - 25 Jan 2021 10:54U.S. stock futures and global indexes advanced at the start of a week that will include a slew of major corporate earnings reports, offering a look at how they are faring through the pandemic.