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Business News

Location American Business News for 8 February 2021
Pro-Bitcoin US Lawmaker Cynthia Lummis Joins Senate Banking Committee, Plans to Convince Janet Yellen BTC Is Great Store of Value Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers unde...
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Dobbs said that his new show will offer "more freedom" than his Fox Business show did, because there will be no cameras recording it.
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Change Management Is Key To Guiding Your Business Towards A Change Management is the general term used to describe the approaches that businesses take when making both short and long-term organizational change, both of which are often necessary for businesses that want to survive...
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Tesla Buys $1.5 Billion in Bitcoin

Wall Street Journal - 8 Feb 2021 15:41
Tesla Buys $1.5 Billion in Bitcoin Elon Musk's company said it may start accepting the cryptocurrency as a payment method for its products, sending the price of bitcoin soaring.
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IBM revamped its storage portfolio as part of a larger effort to make it simpler to replictate and migrate data across hybrid clouds.
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China's Car Sales Rose 25% in January

Wall Street Journal - 8 Feb 2021 14:05
China's Car Sales Rose 25% in January Retail sales of passenger cars rose to 2.16 million vehicles last month compared with the same time a year earlier, when the coronavirus began sweeping the world's largest auto market.
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Kong has raised $100 million in venture capital at a valuation of $1.4 billion for its platform that manages APIs and microservices.
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Let Patients Manage More Of Their Own Health Care Dollars An estimated 26 million people are managing some of their own health care dollars by means of a Health Savings Account (HSA).
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Shipping Companies Look at Sailing Away From Choked Southern California Gateways Some container lines and their importing customers are looking for alternate paths to get around bottlenecks at the main U.S. trade gateways in Southern California.
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Bitcoin Hits New ATH, Ethereum and Altcoins Start Fresh Rally Bitcoin price remained stable above USD 38,000, and it gained pace above USD 38,500. BTC even surged above USD 40,000 and traded to a new all-time high near USD 43,400. It is currently (13:00 UTC) trading nicely above US...
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Tesla expects to begin accepting Bitcoin for payment

Coin Telegraph - 8 Feb 2021 15:17
Tesla expects to begin accepting Bitcoin for payment Tesla is now able to hold Bitcoin in reserves, thus accepting Bitcoin as payment for its cars without necessarily converting it.
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Job Postings For Solar Work Up Sharply During Pandemic, Data Shows A batch of new data from the job search site Indeed, extracted at the request of Forbes.com, shows a substantial uptick in the number of job postings related to wind or solar power starting in roughly April 2020. Much of...
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Dialog is the latest U.K.-based chip maker to be targeted by overseas bidders after Nvidia's $40 billion takeover of Arm Holdings.
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WordPress VIP Buying Parse.ly

Wall Street Journal - 8 Feb 2021 14:50
WordPress VIP Buying Parse.ly Deal would be largest by cost and revenue for WordPress parent company Automattic.
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Oil Prices Are Running Ahead Of The Fundamentals The rise in oil prices has occurred despite weak fundamentals.
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Small Business Trends You Need To Know About For 2021 Let's look at some top small business trends that can help you respond to these challenges and find success in the coming years.
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Elon Musk is giving away $100 million over 4 years in a competition to suck CO2 out of the atmosphere Elon Musk's $100 million carbon-capture competition won't be restricted to tech, and will consider "nature-based" methods, XPRIZE said.
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Bitcoin Cash no longer a top-10 cryptocurrency after being hounded out by Dogecoin Together with Stellar, Dogecoin passes Bitcoin Cash by market cap and leaves the struggling altcoin in 12th place.
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Nordstrom's Management Sets A High Target For 2021 Nordstrom's Management Sets A High Target For 2021 A new strategy outlined by management of Nordstrom is both encouraging and realistic.
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The Week Ahead: Bulls Are Charging Despite Bubble Fears The bulls were in charge all week as many traders are expecting more stimulus and improving news on vaccines. The Viper Report's Tom Aspray sees a higher risk profile now than when the advance/decline lines broke out las...
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The Economy: Damaged Labor Markets; An Inflation Head Fake On Friday, February 5, markets were set to rise no matter what the employment data showed. If they beat to the upside, that would validate the reflation/pent-up demand narrative. If they disappointed, well, that would si...
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Keep Your Your Emotions From Sabotaging Your Portfolio The important takeaway is not which specific methodology and individual indicators you use, but rather having a data-driven, repeatable methodology so you can be consistent in your approach and keep your emotions from sa...
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