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Business News

Location American Business News for 12 February 2021
Mysterious Address With $3 Billion in Dogecoin Sends Cryptic Binary Messages to Elon Musk Ever since the infatuation between Elon Musk and the meme-based cryptocurrency dogecoin, a number of people have looked at the asset critically. News.Bitcoin.com recently reported on the mysterious dogecoin wallet that a...
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For Shell, Oil Is Past Its Peak

The New York Times - 12 Feb 2021 14:41
For Shell, Oil Is Past Its Peak Now comes the hard part.
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The IRS Is Now Accepting 2020 Tax Returns

The New York Times - 12 Feb 2021 14:32
The IRS Is Now Accepting 2020 Tax Returns Millions of people received stimulus payments and unemployment assistance last year -- but they are treated differently for tax purposes.
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A $1,400 stimulus check will help Americans support themselves through mid-July, but unemployment aid and automatic stabilizers are still needed.
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Founder of $8.4B Dogecoin sold everything in 2015 for 'a used Honda Civic' Dogecoin's original founder is struggling to come to terms with DOGE's recent gains.
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HP's Presidents Day sale has officially arrived and these are the best deals This Presidents Day sale at HP will help you majorly save on laptops, desktops and computer accessories--
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Disney+ Rockets Toward 100 Million Subscribers After Just 14 Months As new streamers race to scale up, Disney+'s subscriber count just keeps on getting bigger. At the start of 2021, the service had 94.9 million subscribers, the company said during its quarterly earnings report today. The...
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Close, Reopen, Repeat. Restaurants Don't Know What Covid-19 Will Dish Out Next. Multiple stops and starts are making daily life even more challenging for small businesses as they grapple with shifting government directives and employee illnesses. "You are almost on standby all the time."
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Five Social Media Trends You Need To Follow In 2021 Social media isn't a new strategy in the world of PR, but it's constantly changing. After the firestorm of 2020, many brands quickly learned that social media can be a lifeline between you and your customers.
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A New Report Suggests Skepticism About Peak Oil Demand A new study suggests the prospects for peak oil demand are exaggerated.
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U.K. Hit By Worst Economic Contraction On Record Amid Covid-19 Pandemic Limited growth in the final quarter of 2020 staved off a possible double-dip recession.
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Belgium Energy Minister's Twitter Account Hacked- Fake Ethereum Giveaway Advertised The official Twitter account of Belgium’s Minister of Energy was the recent victim of a high-profile hacking incident. Tinne Van der Straeten’s profile was hacked to promote a bogus giveaway of ethereum tokens. Hacke...
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Radio host Dave Ramsey slammed stimulus checks, and said you're 'already screwed' if $600 or $1,400 changes your life Ramsey said the stimulus checks were simply throwing money at the problem or "peeing on a forest fire."
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AmEx Acknowledges DOJ Review of Card Sales

Wall Street Journal - 12 Feb 2021 23:35
The company also said it received a "civil investigative demand" from the Consumer Financial Protection Bureau.
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Fed's Powell Says Real Jobless Rate Is 10%--With Big Policy Implications Federal Reserve Chairman Jerome Powell has offered a sobering assessment of the U. S. economic prospects as the Covid pandemic rages: the actual unemployment rate when accounting for crisis-related exits from the labor f...
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A group of 12 Senate Republicans said the plan interfered with board members' duty to govern in the best interests of shareholders and could harm financial performance.
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Here's Where $1,400 Stimulus Checks, $15 Minimum Wage And The Rest Of Biden's $1.9 Trillion Rescue Plan Stand Today With impeachment front and center in the Senate this week, when can Americans expect relief?
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Here's What Biden's $2 Trillion Climate-Focused Infrastructure Plan Means For Stocks And The Economy Economists have warned failing to address climate change could tank GDP by 25% this century.
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ARK Investment Pushes Back on Upstart SPAC With Similar Name

Wall Street Journal - 12 Feb 2021 21:49
The high-performing fund manager says investors are confusing a new, unaffiliated blank-check company called Ark Global Acquisition with Cathie Wood's firm.
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This Dot-Com Parallel May Signal When Stock-Market Mania Is Ending I'm sure some sell-side volatility analyst has used this corny turn of phrase before, but the only thing investors have to fear right now is lack of fear itself.
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Walmart Earnings: COVID-19, E-Commerce, TikTok, And Other Issues WMT's online sales in the last quarter were ablaze, shooting 79% higher on a year-over year basis, accounting for a greater share of the retailer's $134.7 billion in revenue. But its in-store transactions slumped 14%.
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NVIDIA Chips Away At The Competition To Earn Top Buy Rating NVIDIA Corp (NVDA) has had a stellar year overall. Here's why Q.ai thinks NVIDIA is worth the price.
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