Business News
New York Approves Its First Publicly Available Japanese Yen Stablecoin
Bitcoin.com - 29 Dec 2020 23:30
The New York State Department of Financial Services, the Bitlicense regulator, has authorized GMO to issue U.S. dollar and Japanese yen-pegged stablecoins. The latter “will be the first of its kind available to the pub...
If your cheese contains fillers, it's not '100% grated parmesan,' appellate court rules
Chicago Tribune - 29 Dec 2020 00:10
A federal appellate court has sided with consumers in a false advertising suit against several major makers of grated parmesan cheese, sending the companies back to court nearly five years after a news story sparked a wa...
All Cap Analysis: Only One Sector Has A Rising ROIC In 2020
Forbes - 29 Dec 2020 22:37More potentially harmful mouthwashes, hand sanitizers, recalled
CBSNews - 29 Dec 2020 22:45
Food and Drug Administration's list of disinfecting products that consumers should avoid grows ever longer.
Stock Futures Point to Extension of Record-Setting Rally
Wall Street Journal - 29 Dec 2020 14:35
S&P 500 appears poised to climb to a new all-time high, building on its over 15% advance so far this year.
House Passes $2,000 Stimulus Check Bill, But The Plan Will Face Opposition In The Senate
Forbes - 29 Dec 2020 01:03Mild Winter Weather Hammers Natural Gas in December
Wall Street Journal - 29 Dec 2020 21:53
Natural-gas prices are heading for their biggest monthly drop in two years, stung by warmer-than-expected weather forecasts that are denting demand for the heating fuel.
The Tell: Talk of a 2000-style stock-market bubble burst is all the rage -- but here's one missing ingredient
Market Watch - 29 Dec 2020 21:18
There's "a lot of buzz" about the past year's tech-led stock market gains setting the stage for a repeat of the turn-of-the-century bust of the dot-com bubble, notes a prominent Wall Street researcher. But there's one bi...
House lawmakers slap down Trump's veto of $740 billion defense bill, now heads to Senate for final showdown
Business Insider - 29 Dec 2020 02:12United Consumers Credit Union names insider as president
American Banker - 29 Dec 2020 20:00
Jay Neathery has taken over for Chris McCreary, who stepped down as president of the institution but is staying on as executive vice president.
American Democracy Might Bend But It Won't Break
Forbes - 29 Dec 2020 19:47Tesla will reportedly soon add support for Apple, Amazon Music
New York Post - 29 Dec 2020 15:04
Tesla, whose high-tech vehicle software already supports Spotify integration, is reportedly working to add both Apple Music and Amazon Music to its roster. Unlike other cars, which mirror the contents of a linked smartph...
The U.S. is not vaccinating nearly enough people yet to make an impact on the pandemic
Fast Company - 29 Dec 2020 13:50
America is administering vaccines at a rate of one million a week—far too slow to reach herd immunity by summer. Operation Warp Speed is sputtering. Under the Trump administration’s vaccination roll out, the goal was...
Bernie Sanders hopes to force Senate vote on $2,000 stimulus checks
Business Insider - 29 Dec 2020 04:45Here's A Road Map For Chicago Cubs To Keep Swinging Big After Darvish
Forbes - 29 Dec 2020 20:49Your 2021 Budget: Plan Ahead, but Not Too Far Ahead
Wall Street Journal - 29 Dec 2020 15:00
2020 taught us to expect the unexpected. For the year ahead, consider making a budget with that in mind.
Spanish City Lebrija Launches Local Virtual Currency 'Elio' as Form of Stimulus
Coin Desk - 29 Dec 2020 14:20
The elio can only be used for payments to small and medium-sized businesses.
Are You Misdiagnosing Your Customer's Pain Point?
Forbes - 29 Dec 2020 14:00Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia's Deputy Governor
Bitcoin.com - 29 Dec 2020 07:05
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments s...
JPMorgan Chase to buy credit card loyalty platform cxLoyalty
American Banker - 29 Dec 2020 04:01
JPMorgan Chase is buying Stamford, Conn.-based cxLoyalty, a major credit card loyalty platform, in a bid to enrich its own card loyalty programs when travel resumes following the global pandemic.
10 Charts Show Trump's Economy Is Losing Steam
Forbes - 29 Dec 2020 03:06SAP Unit Qualtrics Heads for IPO
Wall Street Journal - 29 Dec 2020 01:38
Germany business software giant SAP paid around $8 billion for Qualtrics two years ago, in one of the biggest acquisitions ever.