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Business News

Location American Business News for 16 January 2021
How to Invest in a Pandemic, Political Crisis and Possible Bubble Despite awful obstacles, the stock market has performed remarkably well. But is it setting itself up for a fall?
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Warren Buffett blasted Bitcoin as a worthless delusion and 'rat poison squared.' Here are his 16 best quotes about crypto. "People buy and sell them because they hope they go up or down just like they did with tulip bulbs a long time ago."
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Biden's $1.9 trillion stimulus plan is set to collide with Republicans - and it could force Democrats to scrap measures like a $15 minimum wage The rescue package is already running into early Republican opposition that threatens provisions like a minimum wage increase.
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A lifelong car collector is auctioning 48 of his pristine Corvettes - see the 'Muscle Car City' collection One could argue 48 Corvettes is too many Corvettes for one person, but then again, who would argue that?
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Jeff Bezos Once Again The World's Richest Person After Rollercoaster Week The Amazon founder ended the week on top of the world, but he wasn't one of the 10 biggest gainers of the past 7 days.
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$100 Swaps: Ethereum Dex Volumes Saw $39 Billion Last Month Despite 'Insane' Trading Fees During the last 12 months, Ethereum-based decentralized finance (defi) solutions and decentralized exchange (dex) platforms have been very popular. Dex applications, in particular, have seen massive demand and during the...
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"The re-alignment of the supply/demand outlook for Energy is the most dramatic of any sector," Fundstrat said.
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Corporate America Flexes Its Political Muscle

The New York Times - 16 Jan 2021 15:19
Corporate America Flexes Its Political Muscle Big business breaks with Republicans.
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Venezuelan President Maduro Promises 2021 Will Be the Year to Boost Usage of Petro The Venezuelan president, Nicolás Maduro, has claimed that 2021 will be the year of the state-backed petro (PTR) token. He also promised to boost a “100% national digital economy” agenda through a “complete digita...
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Billionaire Mark Cuban Wants To Lower Drug Prices With Generics Startup The Dallas, Texas-based company aims to introduce transparency into the supply chain and sell 100 different generic drugs by the end of year.
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Banning Parler isn't going to quash right-wing extremism. YouTube, Twitter, and Facebook are all sources of radicalization. For those thinking "job done", think again. A recent study shows most outside links shared on Parler were from YouTube.
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Here are the topics we'll be watching this week, including Biden and Bitcoin, plus our "Chart of the Week" and Markets Insider most popular stories
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Chinese Property Developers Have Huge Debts to Refinance

Wall Street Journal - 16 Jan 2021 12:30
China's property developers have a mountain of international debt to refinance this year, and tight lending conditions are raising the risk of defaults.
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Tesla's Dominance Could Be Under Threat Sooner Than You Think Just when the value of Tesla shares has skyrocketed beyond all expectations, there are already signs that its clear market lead will be much more robustly challenged from 2021 onward, particularly by competitors emanatin...
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Tapping Into Health To Excel In Business

Forbes - 16 Jan 2021 08:10
Tapping Into Health To Excel In Business It's no secret that we're better entrepreneurs when we take care of our health. But the repetitive nature of countless days spent at home, less human interaction, and gyms that are closing again shines a spotlight on the...
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Pepsico Pledges Net-Zero Emissions By 2040

Forbes - 16 Jan 2021 08:00
Pepsico Pledges Net-Zero Emissions By 2040 PepsiCo pledged to reduce greenhouse gas (GHG) emissions across its value chain by more than 40% before 2030 and to reach net-zero by 2040, a decade earlier than called for in the Paris Agreement.
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Who Taught Wharton's Business School Dean Some Important Life Lessons Advisers helped guide Erika James through the hallways of academia to one of the most prestigious posts in the Ivy League.
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BTC crash, DOT crushes XRP, man risks losing $262M: Hodler's Digest, Jan. 10-16 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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The Future Of Fraud

Forbes - 16 Jan 2021 20:56
The Future Of Fraud From Frankenstein IDs to AI prevention tools, it has never been more urgent to discuss the current state and the future fraud, and explore what it will look like in the years to come.
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Ignore These 4 Funds And You'll Miss An 8.8% Dividend In 2021 If you're like most investors, you're tired of having the following two pieces of "wisdom" pounded into your head by the financial media.
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Hot Pockets recall: Nestle recalls nearly 763,000 pounds of frozen food for possible glass, plastic contamination Nestlé Prepared Foods is recalling about 762,615 pounds of Hot Pockets Pepperoni Pizza because they "may be contaminated with extraneous materials."       
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The two corporations join companies like Amazon and Walmart in suspending donations to those who opposed Biden's certification.
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