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Business News

Location American Business News for 9 January 2021
Undecided On Getting A Covid-19 Vaccine? Beware Of These Two Cognitive Biases Dr. Joshua Liao discusses how people can approach the decision to get vaccinated and avoid some common biases that may distort perceptions of vaccine safety and efficacy.
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Parler's CEO said Google's decision to ban the app was a 'horrible way to handle this.' AOC has urged Apple to take similar action After Google announced it was suspending Parler from its app store for inciting violence, CEO John Matze said it was "a horrible way to handle this."
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Pressure Grows for States to Open Vaccines to More Groups of People Some states are already expanding eligibility to people 65 and over, even though millions of people the C.D.C. recommends go first -- health care workers and nursing home residents -- have yet to get shots.
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Pornhub parent slapped with $600M class action lawsuit over child porn Pornhub parent company MindGeek has been hit with a massive $600 million class action lawsuit accusing it of hosting child-porn videos on the website. The lawsuit, filed in the Superior Court of Québec at the end of Dec...
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Where is My Stimulus Check? I.R.S. Tries to Fix Millions of Misdirected Payments If you're anticipating a stimulus payment that hasn't yet landed, continue to monitor your bank accounts -- and your snail mail.
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Deutsche Bank to Pay $130 Million to Settle Federal Probes

Wall Street Journal - 9 Jan 2021 00:18
The bribery settlement exposed a wide-ranging effort by the bank to use consultants or middlemen to help it get deals in Saudi Arabia, Abu Dhabi, China and Italy.
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WWE Royal Rumble 2021: 3 Dark Horses Who Could Win The Women's Rumble WWE betting odds have established a clear favorite to win the 2021 women's Royal Rumble, but these stars could pull off the upset.
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A Week Into Brexit, the Pain for U.K. Businesses Has Arrived

The New York Times - 9 Jan 2021 10:00
A Week Into Brexit, the Pain for U.K. Businesses Has Arrived As Britain adjusts to life outside of the European Union, businesses are contending with delays, service cancellations and piles of paperwork.
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Forget Positive Thinking: How Sweatpants Managers Can Stay Motivated Bosses are drained as the coronavirus pandemic drags into 2021. Here are ways they can recharge their batteries.
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McDonald's CEO calls insurrection at the US Capitol an attack on things people 'associate with America,' including McDonald's "It was an attack on all those things that people cherish and associate with America," Kempczinski said. "That includes McDonald's."
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2020 ends with unexpected job losses, raising worries about a longer economic winter December saw 140,000 jobs lost, the first drop in seven months. Low-wage service workers again felt the biggest hit.
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Student loan forgiveness: Biden to continue freeze of payments, ask Congress to erase debt Joe Biden plans to continue the pause on federal student loan payments and accumulating interest, but ask Congress to pass student loan forgiveness.       
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The Case for and Against Investing in Bitcoin

Wall Street Journal - 9 Jan 2021 00:17
The digital currency has quintupled in value over the past year. Should you steer clear?
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Ask Encore: Make sure you understand the many budget and tax implications, says retirement columnist Glenn Ruffenach.
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Bitcoin turning 12: From the Genesis block to Wall Street adoption The Bitcoin network as we know it today officially kicked off exactly 12 years ago when Satoshi Nakamoto released the first software client.
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Companies Examine Capitol Riot for Security Lessons

Wall Street Journal - 9 Jan 2021 16:00
Companies Examine Capitol Riot for Security Lessons Companies are adjusting security strategies and reviewing personnel policies in the wake of this week's deadly riot at the U.S. Capitol.
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Lloyd Blankfein and Judy Samuelson on Business and Politics

The New York Times - 9 Jan 2021 15:29
Lloyd Blankfein and Judy Samuelson on Business and Politics What should corporate leaders do in a moment like this?
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Brace for impact? After hitting $42K, Bitcoin price volatility may rise Bitcoin whales are selling while buyers in the U.S. are accumulating, who will get the upper hand, and where will BTC's price go next?
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Lost a job? How to pay taxes on unemployment benefits Unemployment benefits will be treated as fully taxable income when you file your federal income tax returns. Many states also tax jobless benefits.       
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Crypto User Loses Over $100K in Bitcoin While Transferring His Wallet A bitcoin user has shared his story of how he lost more than $100,000 in BTC during a wallet transfer. The bitcoiner attempted to transfer a wallet to a new computer without making sure that he had access to the encrypti...
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Twitter permanently bans Trump from its platform, citing 'risk of further incitement of violence' Twitter says it is banning President Donald Trump from its platform, citing "risk of further incitement of violence."
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Bitcoin's rollercoaster ride, Ether shines, XRP mystery: Hodler's Digest, Jan. 3-9 The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more -- one week on Cointelegraph in one link!
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