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Business News

Location American Business News for 4 January 2021
NorthShore acquires 509-bed Northwest Community Hospital in Arlington Heights NorthShore University HealthSystem has officially acquired Northwest Community Healthcare, scooping up one of the few remaining independent hospitals in the Chicago area and continuing its expansion.
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Wall Street and real estate executives are making a late push into Georgia Senate runoffs mainly to help the two Republican incumbents.
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Home prices are rising across the nation, but the usual geographical trends are being turned on their heads by the coronavirus pandemic.
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What's Next For Amazon: 11 Predictions For 2021 Learning from change is how you get better, and 2020 provided plenty of opportunities.
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White Sox VP Ken Williams sells Gold Coast mansion to restaurant magnate R.J. Melman for $4.8 million The Gold Coast mansion has traded hands again after Bill and Giuliana Rancic renovated it and sold it to Zoraida Sambolin and Ken Williams in 2019.
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Chinese Telecom Stocks Fall as U.S. Delisting Looms

Wall Street Journal - 4 Jan 2021 06:33
In Hong Kong morning trading, the largest, China Mobile, was on course for its lowest close since June 2006.
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Extra $300 Unemployment Payments To Begin This Week In Some States South Carolina paid out more than $10 million Monday under newly extended federal unemployment programs.
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China's Economic Data: Guide for the Dazed and Confused

Wall Street Journal - 4 Jan 2021 16:38
Investors are right to be skeptical about China's economic data. Here's how to interpret it.
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How 8 billionaires, from Elon Musk to Warren Buffett, feel about bitcoin Investing legend Warren Buffett has said that he owns no cryptocurrency and never will, adding that the digital currencies "basically have no value."
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What The Stimulus Package Means For Your Student Loans The new stimulus package can help you pay off student loans faster.
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Iraqi And Kurdistan Budget Hangs In The Balance Despite the Government of Iraq and the Kurdistan Regional Government (KRG) agreeing a deal over its 2021 budget on December 20, the road to parliamentary approval may be bumpy.
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Bitcoin Rallies Nearly 15% After Latest Pullback Bitcoin climbed more than 14% today, gaining more than $4,000 after its latest retracement. When will the digital currency hit a fresh high?
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Low Inflation? Asset Prices At Record Highs Suggests Otherwise Gold and Bitcoin had a very good 2020. Investors, worried about currency debasement from all the money-printing, sought stores of value. Gold surged over 25%, its best year in a decade, while Bitcoin was up more than 300...
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Here's What The Georgia Runoff Elections Will Mean For Economic Recovery More stimulus and more corporate red tape could be on the line.
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IAC/InterActiveCorp Plans To Spin-Off Vimeo In 2Q21 Through its cloud platform, Vimeo provides a one-stop solution for all business needs of local SMBs as well as global companies.
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Tesla's 2020 delivery numbers were impressive, but the company's success puts more pressure on its new factories in Texas and Germany Tesla only slightly missed its half-a-million-car goal for 2020. And with electric car demand surging, it can't get planned factories up and running soon enough.
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The abrupt move underscores the European Union's broader plan to bolster its own financial centers.
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Bitcoin Rose Nearly 20% Over Weekend

Wall Street Journal - 4 Jan 2021 18:50
The digital currency, which has been on an extended rally since early September, took a wild ride over the weekend, briefly spiking over $34,000. It fell as low as $29,069 early Monday.
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35 healthcare startups that are set to take off, according to top VCs Business Insider asked 26 investors which startups they think are ready to break out in 2021. Here are the 35 they named.
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Brookfield Asset Management said Monday it has proposed to take its commercial real estate arm Brookfield Property Partners private in a $5.9 billion deal.
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Bitcoin price plunges 17 percent after reaching all-time high The price of Bitcoin plummeted Monday as a dizzying rally in the world’s biggest cryptocurrency hit a speed bump. Bitcoin tumbled about 17 percent to $28,154.11 in early-morning trading just a day after it surged to a ...
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Dry January Is Here: 5 Ways To Eliminate The Desire To Drink According To A Top Health And Wellness Expert Industry expert James Swanwick shares his tips for entrepreneurs just in time for Dry January.
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