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Business News

Location American Business News for 26 March 2021
Professional basketball player Brandon Paul buys $830K penthouse condo on Near South Side Professional basketball player Brandon Paul, who starred at the University of Illinois and then played briefly for the San Antonio Spurs, recently paid $830,000 for a three-bedroom, 2,988-square-foot penthouse condominiu...
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U.K. Supreme Court Backs Equal Pay Demands At One Of Britain's Largest Grocers, Paving Way For Other Retail Workers The Supreme Court upheld a prior ruling by an appeals court in a case that has dragged on for five years.
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YouTube is temporarily demonetizing David Dobrik's channels following a rape allegation against his former Vlog Squad cohort Dom Durte YouTube said it's also temporarily blocking Durte Dom from making money off ads due to sexual assault allegations first reported by Insider.
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With housing prices on the rise, here's a look at country's most and least affordable cities to buy a home.
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Coming Back From Covid: Time To Rewrite That Five-Year Plan More than a year after the pandemic began, what is the economic outlook for small business?
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Child Care Center Incubator In Maine Adapts And Expands During The Pandemic About a year ago, the Child Care Business Lab in Maine held the first session of its six-month pilot. But after one in-person meeting, the program had to go all-virtual. Since then, they've adjusted, with half of the coh...
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Today's ID@Xbox showcase emphasized Game Pass with news that 20 more games on coming to the service in the near future.
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WeWork Will Go Public Via SPAC Deal At $9 Billion Valuation--Less Than 20% Of Its 2019 SoftBank Valuation The flexible coworking startup will merge with BowX Acquisition Corp.
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Facebook, Google, and Twitter executives testified before Congress about disinformation, but the pressure is on lawmakers to act.
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Avvir, a startup applying AI to monitor construction projects for errors, has raised $10 million in venture capital.
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Aunalytics expands AI capabilities of its platform for midrange financial services firms to include support for natural language processing.
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The Open Source Index showcases the top GitHub projects as per the number of people that are "watching" a project.
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ThredUp Fetches $1.3 Billion Value in IPO

Wall Street Journal - 26 Mar 2021 14:16
ThredUp Fetches $1.3 Billion Value in IPO The secondhand clothing marketplace will make its market debut Friday, the latest e-commerce company to go public this year following Poshmark and Mytheresa.
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$51K Bitcoin price not a problem as 'structurally, nothing has changed' On-chain data points toward a bullish future for Bitcoin despite today's sell-off to $50,400.
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Tesla employee's firing and Elon Musk tweet on union were illegal, labor board rules. The board required that Tesla reinstate the employee and that Mr. Musk delete the tweet. It also required that the company amend its confidentiality agreement.
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How to connect a Magic Keyboard to your Mac so you can type wirelessly You can connect a Magic Keyboard to your Mac through Bluetooth or using the Lightning port and charging cable.
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Fable Studio is opening its virtual beings Wizard Engine, originally built for Lucy, to collaborators in fashion and nursing.
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Covid-19 Clobbered Manhattan. Lower Rents Could Seed Recovery.

Wall Street Journal - 26 Mar 2021 19:12
Covid-19 Clobbered Manhattan. Lower Rents Could Seed Recovery. Shutdowns and other changes brought on by the pandemic have bruised Manhattan's economy. But because rents for storefronts, apartments and workspaces have been pushed down to their lowest levels in years, new small busin...
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Facebook has expanded the reach of broadband in the state of Indiana, as it has completed building 77 miles of fiber optic cable.
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U.S. Steel Stock Up 175% In Six Months - Patient Investors To Still Benefit U.S. Steel stock has shot up an eye-popping 175% in the last six months (126 trading days) and now trades at over $19. After the stock saw a sharp fall in early 2020 with the outbreak of the coronavirus pandemic leading ...
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U.S. Household Spending Fell 1% in February

Wall Street Journal - 26 Mar 2021 14:48
U.S. Household Spending Fell 1% in February U.S. households cut spending last month but are primed to pick up shopping again with the pandemic easing and a new round of stimulus money landing in bank accounts.
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Baseball's Most Valuable Teams: Yankees On Top At $5.25 Billion There is a strong demand to buy baseball teams despite big financial losses in 2020.
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