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Business News

Location American Business News for 31 December 2020
Elon Musk Endorses Cryptocurrency for Martian Economy Spacex and Tesla CEO Elon Musk, widely believed to be the man taking humanity to Mars and building a permanent settlement there, tweeted his approval of the idea that Mars’ economy will run on cryptocurrency. Elon Musk...
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Rail Safety Technology Now Fully Deployed Nationwide A new safety technology that could have prevented a series of deaths and millions in damages due to railway accidents has now been implemented prior to deadlines set by Congress.
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Countrywide accepts new £130m takeover offer

The Guardian - 31 Dec 2020 10:58
Countrywide accepts new £130m takeover offer Owner of Hamptons International and Bairstow Eves estate agents agrees new offer from Connells The estate agency group Connells has struck an agreed offer for Hamptons International owner Countrywide after raising its bi...
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Fact-checking Ripple's Claim that 'Many G20 Gov'ts' Call XRP a 'Currency' Brad Garlinghouse. Source: a video screenshot, Bloomberg The struggle between the US Securities and Exchanges Commission (SEC) and one of the nation's biggest crypto companies, Ripple, is coming to a head, leading exchan...
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Ripple Assails the SEC, Claims the $1.3 billion Lawsuit is an 'Attack on the Entire Crypto Industry Here in the United States' Ripple has hit back at the U.S. Securities and Exchange Commission (SEC), accusing it of creating more uncertainty and failing in its duty to protect the crypto community. In panning the SEC’s decision to designate its...
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Israeli Computer Vision Startup Raises $60 Million To Expand 'Frictionless' Checkout Artificial intelligence-driven cashierless checkout platform uses commodity hardware for speedy scale.
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Boris Johnson's father Stanley says he is applying for French citizenship after Brexit "Having a tie with the European Union is important," Boris Johnson's father Stanley Johnson told RTL radio.
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A handful of cities have made legal counsel in housing court a right, but with loopholes in the eviction moratorium, millions will face lawyered-up landlords with no help.
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It is the latest twist in a long battle over subsidies for US-based Boeing and European rival Airbus.
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For CIOs, There's No Place Like Home (Office)

Wall Street Journal - 31 Dec 2020 14:30
For CIOs, There's No Place Like Home (Office) Chief information officers in 2020 made remote work possible for their companies. They also strived to make their home offices comfortable for themselves.
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Cover Protocol announces compensation plan following mining contract attack Cover Protocol will distribute new "coins" to token holders as Binance announces compensation for affected traders.
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Minimum Wages Increase in 25 States in 2021

Small Business Trends - 31 Dec 2020 13:00
Minimum Wages Increase in 25 States in 2021 In 2021 there will be minimum wage increase in 25 states, as the impact of the pandemic continues to affect businesses of all sizes.
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Three Shifts That Every Entrepreneur Needs To Make In 2021 In order to succeed, entrepreneurs must make a critical shift: They have to go from thinking about their business in terms of themselves ("Here's my idea" or "Here's my product"), to thinking about it in terms of their c...
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Forbes Favorites 2020: The Year's Best Policy Stories Covid-19 and Black Lives Matter dominated the headlines, and we produced important work on those topics. But Forbes' contributors also brought attention to unglamorous subjects that have a great impact on our lives. Here...
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Unemployment Claims Expected to Have Remained High Last Week

The New York Times - 31 Dec 2020 14:00
Unemployment Claims Expected to Have Remained High Last Week The weekly report, which will be published Thursday morning, might show a drop in claims because of the Christmas holiday.
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U.S. Stock Futures Waver in Final Trading Day of 2020

Wall Street Journal - 31 Dec 2020 13:41
The Nasdaq Composite Index is on track for its best annual performance since 2009, highlighting the rally in stocks this year.
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It wasn't all bad: Here are the 8 most inspiring moments of 2020 From cute babies to dating seniors to record voter turnout, we had at least a few things to be grateful for in 2020. You know how you can be simultaneously happy and sad? Similarly, a year can be THE WORST GODDAMN YEAR T...
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'States are going to be looking for ways to shore up revenue at a time where there's likely many revenue shortfalls.'
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WWE NXT Results: Winners, News And Notes On December 30, 2020 WWE NXT results, winners, news and notes on the final episode of 2020.
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Bitcoin nearly triples its price in 2020 and ends the year close to $29,000, but ether gained 450%.
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Unemployment Trend Nears Tipping Point

Forbes - 31 Dec 2020 19:29
Unemployment Trend Nears Tipping Point Seasonal trends and Covid-19 immunities should reignite hiring
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Ford's new COVID-19 ad urges football fans to 'sacrifice' for America, 'hold the line' The 30-second TV ad designed to inspire Americans to not give up on the COVID-19 fight will debut on New Year's Day.       
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