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Business News

Location American Business News for 19 March 2021
The investor fears around inflation that drove much of the market volatility appeared to be cooling before the Fed decision.
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Companies Wrestle With Hybrid Work Plans

Wall Street Journal - 19 Mar 2021 11:30
Companies Wrestle With Hybrid Work Plans A mix of office and remote employment brings new hurdles, from determining the number of days employees spend in-person to how to conduct meetings.
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No stimulus check yet? Use IRS 'Get My Payment' tool to find the status of new COVID relief payments Where is my third stimulus check? Find out the status of your COVID-19 relief payment using the IRS "Get My Payment" tool, which updates daily.      
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How to Measure Burnout Accurately and Ethically

Harvard Business Review - 19 Mar 2021 14:25
The Maslach Burnout Inventory can be a helpful tool — but only when organizations use it carefully.
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One Company Aspires To Bring More Transparency To The Beauty Industry Clean beauty brand Cocokind wants to introduce a new layer of transparency to all their packaging -- listing not just the ingredients, but the percentage of each ingredient included and the carbon footprint of its produc...
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Here's why Siacoin, Basic Attention Token and Linear (LINA) are soaring Exchange listings, bullish announcements and real-world use cases are driving Siacoin, Basic Attention Token and Linear price higher.
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King Digital Entertainment is expected to open between $21 and $24 per share when it goes public Wednesday. CEO and editor-in-chief of Business Insider Henry Blodget joins "CBS This Morning" to discuss the risks of the c...
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Toyota Disclosed Thai Bribery Probe to U.S. Authorities

Wall Street Journal - 19 Mar 2021 00:46
Toyota Disclosed Thai Bribery Probe to U.S. Authorities The car maker reported the possible violations to the Justice Department and the Securities and Exchange Commission in April 2020, according to an SEC filing.
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I.R.S. urges taxpayers not to amend already-filed returns to take new tax break. The Internal Revenue Service will automatically send refunds to early-filing taxpayers who qualify for the new break on unemployment income, the agency's commissioner said Thursday.
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SpaceX engineer 'MillionaireMike' pleads guilty to insider trading A SpaceX engineer who called himself “MillionaireMike” has pleaded guilty to insider trading using information he bought on the dark web, the feds said. James Roland Jones faces up to five years in prison for the tra...
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As the economy slowly recovers, beach towns are in trouble but tech hubs might actually be okay A Brookings report looks at which metro areas may see the largest changes to employment growth over the next decade as a result of the pandemic.
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Digital asset firm CrossTower said it expected bitcoin ETFs to "fill the inflow gap" left by a fall in the Grayscale Trust share price.
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Bill To End Double Tax On Consumer Lawsuits Introduced In Senate The End Double Taxation of Successful Consumer Claims Act would accord the same commonsense tax treatment employment claim plaintiffs receive (fully tax deductible legal fees) for plaintiffs who bring meritorious claims ...
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Bond Yields Won't Stop Until Stocks Get Slammed Or The Fed Adjusts The golden rule of technical traders is simple: Price is King. There's nothing more important in trading than where something has already traded. Is price rising, falling, gaining or losing momentum, range-bound, breakin...
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From Beauty To Cannabis: Meet Evelyn Wang, Papa & Barkley's New CEO When Evelyn Wang became CEO of cannabis wellness brand Papa & Barkley this past January, she was a beauty industry veteran. She made the transition during an ongoing pandemic, assuming the top role in a space where there...
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The U.S. bank's asset-management arm plans to take a 10% stake in the wealth subsidiary of China Merchants Bank, marking the first time a Chinese bank has opened up its wealth-management subsidiary to a foreign strategic...
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A $700 Billion-Plus Pentagon Budget Is Fat, Not Flat Contrary to the cries of Pentagon budget boosters, a $700 billion-plus Pentagon budget is enormous by historical standards, and far more than is needed to address the most urgent challenges to U.S. and global security.
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Should You Buy FedEx Stock Over UPS?

Forbes - 19 Mar 2021 14:30
Should You Buy FedEx Stock Over UPS? We think that FedEx currently is a better pick compared to United Parcel Service. FDX stock trades at about 0.9x trailing revenues, compared to around 1.7x for UPS. Does this gap in FedEx's valuation make sense? We don't...
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RAI seeks restoration of MSME status for retailers

livemint.com - 19 Mar 2021 13:37
RAI seeks restoration of MSME status for retailers Recognizing millions of small and medium retailers under MSME will give them a much-needed impetus and finance options, RAI said
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GameStop: Were The Short Sellers Routed? Does It Matter? (Beware The 'Gamma') The "gamma" process - using options to drive share volume - seems to be quite powerful. The option-cost-to-share-price leverage is significant. The process does not depend strictly on the short interest to fuel the "sque...
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The Housing Market's 'Safe' Bubble Sets Stage For Homebuilder Stock Price Gains Today's housing market is sound. Likely this year will see activity increase and prices continue to rise - even if mortgage rates rise.
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Nike reported quarterly sales Thursday that missed analysts' estimates, as its North American business was hurt by congested ports and container shortages.
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