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Business News

Location American Business News for 11 Jan 2021

Bank of America PredictsBank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the... “increasingly speculative” investing behavior of bitcoin. Bank of America Warns of Huge Bitcoin Bubble Bitcoin’s recent rally has worried a number of prominent financial analysts who warned of a huge […]
The Detroit Tigers Should GiveThe combination of Austin Romine and Grayson Greiner led the Tigers to have the 29th least productive catching unit in the Major Leagues. Jake Rogers was noticeably absent from the 2020 roster. Will... that change this season?
Acuite Group launches firm toIts assessment approach includes identification of relevant risks, estimation of materiality and polarity of the risks, and evaluation of risk management framework
Welcome to the Fake OfficeDriving downtown for coffee. Walking around the block. Dedicated reading time. People are trying ways to mark the start and end of the work day; 'There needs to be a contrast'
Nicky Bell to Lead FacebookAgency veteran Nicky Bell is joining Facebook as vice president of Facebook Creative Shop, the social network's in-house creative strategy team. Bell was most recently senior vp of global client... partnerships at R/GA, serving in that role from August 2019 through July 2020 after joining the agency in August 2016 as senior vp and managing...
Pilgrim's Pride Agrees toThe proposed $75 million settlement would be the biggest so far in four-year legal battle over alleged collusion among the companies that dominate the $65 billion chicken industry.
"The complexity of some products and services relating to crypto assets can make it hard for consumers to understand the risks," the watchdog said.
Twitter Shares Down 7% InTwitter banned the president "due to the risk of further incitement of violence" after Trump incited violence among his supporters who went on to storm the Capitol Wednesday.
Mad Money's Jim Cramer AdvisesMad Money host Jim Cramer has some advice on how to invest in bitcoin and when is a good time to sell. He said, “I’m a bitcoin believer,” outlining the reasons why he is sold on the... cryptocurrency and why people are buying bitcoin instead of gold. Jim Cramer’s Advice on Investing in Bitcoin Jim […]
China Internet HeavyweightPact brings together two of China's richest entrepreneurs
The actions follow earlier announcements from Marriott International, Blue Cross Blue Shield and Commerce Bancshares, which said they are suspending financial support for all lawmakers who voted... against certifying Joe Biden's election as president.

A Dollar Is a Dollar Is a Dollar. Except in Our Minds.

Wall Street Journal - 11 Jan 2021 01:56
The form of money--salary vs. bonus, income vs. capital--affects the way we treat that money. Sometimes that helps us financially. And sometimes it hurts us.
Pfizer and researchers from the University of Texas Medical Branch in Galveston teamed up for the study.
KKR raises $3.9 billion forKKR raises $3.9 billion for its first Asia-Pacific infrastructure fund
Reports: Shopify, Stripe andIn response to the riot at the U.S. Capitol on Jan. 6, Shopify has taken the Trump Organization and Trump campaign stores offline, according to The Wall Street Journal. In combination with bans from... social media platforms including Facebook and Twitter and other commerce platforms such as Stripe and PayPal, the Trump brand's retail operations
Crossed full-year target of RsPGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official has said.
Ad war: Bombay High Court hasSebamed advertising campaign had claimed its cleansing bar had the perfect PH for sensitive skin and compared Lux and Pears with RIN, a detergent bar marketed by HUL, and implied Dove was an inferior... product due to being pH neutral.
Uber, Ola face DG-GSTSummons issued to officials of the two firms for hundreds of crores of alleged evasion;
China's Chip-IndependenceNew approach to semiconductors, developed partly with the Pentagon's backing, could threaten Intel and Arm's dominance.
Thrasio Grabs Another $500The three-year-old company has now raised over $1 billion to roll up small and medium-sized businesses that sell primarily on Amazon.
Renewed COVID-19 lockdowns have heaped more pressure on already struggling airlines.
Futures point to a lower start for equities on Monday, which would mark a pullback from record levels set at the end of last week as investors weigh rising risks around a continued surge in COVID-19... cases and monitor the fallout from a violent mob attack on Capitol Hill.
A startup that's taking on BigThese are Business Insider's biggest healthcare stories for January 11.
Futures for gold bounce around on Monday as global stocks retrench and bitcoins, the biggest recent rival to gold, were suffering a price correction after a massive rally above $40,000.
Twitter stock tumbles 10%The social-media company suspended the president's account due to the "risk of further incitement of violence."