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Business News

Location American Business News for 18 March 2021
Debt Collectors Can Seize Your Stimulus Check -- Unless This Happens Stimulus checks can't be taken by debt collectors, Democrats say.
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Colin Huang steps down as chairman of Pinduoduo as it becomes China's biggest shopping platform.
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Tesla Crash Suspected of Involving Autopilot Draws Probe

Wall Street Journal - 18 Mar 2021 03:37
Tesla Crash Suspected of Involving Autopilot Draws Probe The accident is the latest seen linked to the electric-car company's driver-assistance feature.
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Goldman Sachs seeks volunteers for move to West Palm Beach digs Goldman Sachs Group's plan to move part of its asset management unit to Florida is gaining momentum, as the Wall Street bank discreetly seeks volunteers for the first wave and prepares office space. ]]
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6 ways managers can encourage employees to speak up and feel heard during remote meetings By creating a safe space and giving everyone the opportunity to share, bosses can improve team engagement and collaboration.
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Texas Issues Orders to Stop 'Binance Assets' and 2 Other Fraudulent Crypto Investment Platforms The Texas securities commissioner has entered emergency cease and desist orders to stop three cryptocurrency investment platforms from duping investors in the state. One scheme operates under the name “Binance Assets.�...
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South Koreans Warned to Pay Tax on Crypto Held on Foreign Exchanges South Korea's National Tax Service (NTS) is on the warpath - and has crypto firmly in its sights. Fresh from swooping on over 2,400 individuals it said have sought to conceal their earnings by buying cryptoassets like bi...
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Has Bitcoin Been Building Strong Support Above $50,000? Bitcoin surpassed $50,000 for the first time this year, and has been trading north of this price level since March 8. Several market experts offer technical analysis on the digital currency.
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3 simple ways to hide and lock private photos or videos on your iPhone With iOS14, you can hide photos on your iPhone by adding them to a hidden album in the Photos app and then hiding that album.
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Nvidia said that it is doubling the price of its GeForce Now cloud gaming service memberships to $10 a month.
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Shelf Engine, which taps AI to help grocery stores maximize profits while minimizing waste, raised $41 million in capital.
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Workers file 770,000 new jobless claims as COVID-19 layoffs stubbornly increase The number of workers seeking unemployment benefits stubbornly increased last week as the labor market’s coronavirus crisis reached the one-year mark, the feds said Thursday. The latest batch of 770,000 initial jobless...
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New Jobless Claims Climb Sharply, Hit Worse-Than-Expected 770,000 Economists were expecting 700,000 new jobless claims.
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Morgan Stanley Making 3 Bitcoin Funds Available to Clients One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not ...
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Asian-Americans Are Buying Guns For Protection From Hate Crimes Asian-Americans are buying guns for self-protection against a spike in anti-Asian hate crimes during the coronavirus pandemic.
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Dollar Stores Deserve a Break

Wall Street Journal - 18 Mar 2021 20:12
Dollar General gave muted guidance for 2021, but there are plenty of tailwinds that should help its main customer base.
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Treasury Yields Surge Again

Wall Street Journal - 18 Mar 2021 17:54
Selling in U.S. government bonds accelerated Thursday, sending yields higher again a day after the Federal Reserve briefly calmed the market.
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What to Know About the New IRS Tax Deadline

Wall Street Journal - 18 Mar 2021 01:44
The Internal Revenue Service is again offering relief to individual tax payers, delaying by about a month the deadline for filing and paying 2020 tax returns.
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CEO Of Fintech Lender Now A Billionaire After Shares Soar 89% In One Day A blockbuster earnings call sent shares of the newly public Upstart Holdings on a crazy big upswing.
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Insurance Giant Chubb Offers to Buy Rival Hartford

Wall Street Journal - 18 Mar 2021 23:31
Chubb, one of the nation's biggest, oldest and best-known property-casualty insurers, has made a preliminary proposal to acquire Hartford Financial Services, another storied name in the industry.
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Dollar General Has The Capacity To Become A 30,000 Unit Retailer Dollar General is stepping up to the plate in broadening both its consumables and non-consumable items. They have expanded cooler equipment to deal with perishable items, as well as offering "better for you" products at ...
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Watch the original live event by clicking on the link below
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