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Business News

American Business News for 25 Jan 2021

Former coronavirus task force coordinator Dr. Deborah Birx said her job was hampered by misleading information and COVID-deniers within the White House.
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Andrés Manuel López Obrador said that his symptoms are mild and that he's receiving medical treatment.
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Chinese 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.
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The price of ether (ETH), the native cryptocurrency of the Ethereum blockchain network, soared to record levels on Sunday.
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Mad Money's Jim Cramer AdvisesMad Money host Jim Cramer has provided some investment advice aimed at the latest Powerball jackpot winner of $731.1 million. He recommends putting 5% of the jackpot in bitcoin alongside several other... investments, such as gold and real estate. Jim Cramer Says Put 5% of Powerball Jackpot in Bitcoin Someone won a Powerball jackpot worth […]
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A Mild Winter Continues LowNow at just $2.45, U.S. natural gas prices remain very low, with the potential of a bullish Polar Vortex now seemingly slipping away.
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NCR 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.
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Just hours after saying it would hike the price of a six-month Xbox Live Gold plan to $60, Microsoft back-tracked on the decision.
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This sport sedan has a turbocharged 4-cylinder engine that makes more power than those in rival cars.
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If 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.
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While some insurers don't mind covering you if you use weed, others will charge you higher rates or deny your application outright.
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Ray 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".
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Amazon Union Drive Takes Hold in Unlikely Place

The New York Times - 25 Jan 2021 12:00
Amazon Union Drive Takes HoldWorkers at a warehouse in Bessemer, Ala., are to vote next month on whether to unionize, the largest and most viable effort of its kind involving the technology giant.
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Are Stocks in a Bubble? HowA swell of individual investors are betting that stocks will go up. It's enough to make their expectations into reality. For now, at least.
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Latch 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.
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What impacts will COVID-19 have on development of technologies that enable older adults to connect with their communities and live independently?
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Virginia tech firm offersThe company will allow employees to defer a portion of their salary and receive it as part of a savings plan, denominated in either Bitcoin, Bitcoin Cash or Ether.
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India's Fears Of A 'TaperIndia's central bank will indeed fine tune things as inflation pressures heat up, but the risks of U.S. Fed hitting the brakes in Washington in ways that reverberate India's way seems a reach.
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2021 Could Be Like 2017 --Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss... cryptocurrency ratings. Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst for Weiss Cryptocurrency Ratings
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"People are paying bitcoin to criminals and claiming back cash" via insurance claims, Ciaran Martin said.
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European stocks rose on Monday, with strong earnings and signs that California is reopening offsetting worries about the travel industry.
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The IPO could value Chinese livestreaming and short video app Kuaishou, a TikTok rival, at up to $60 billion.
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President Biden's administration is making attempts to garner bipartisan support for the proposed $1.9 trillion stimulus plan.
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China's Love of TikTok-Style Apps Powers $5 Billion IPO

Wall Street Journal - 25 Jan 2021 10:54
China's Love of TikTok-StyleKuaishou Technology has its eyes on the world's biggest initial public offering in more than a year, seeking to raise about $5 billion from a Hong Kong share sale.
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Stock Futures Rise to Start a Busy Week for Earnings

Wall Street Journal - 25 Jan 2021 10:54
U.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.
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