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Business News

Location American Business News for 10 April 2021
Enterprise-level partnerships send VeChain (VET) price to new highs Real-world use cases and enterprise-level partnerships are just a few factors behind VeChain's recent breakout to a new all-time high.
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Insider compiled views from eight experts on what they see for the cryptocurrency exchange ahead of its eagerly-awaited public listing next week.
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Amtrak may be decades away from focusing on true high-speed rail as it plans to spend Biden's $80 billion on repairing its languishing network.
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The regulator said it has found some investment firms that tout socially responsible investing were potentially misleading investors, part of its enhanced review of funds that claim to support environmentally friendly po...
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Out of Trump's Shadow, World Bank President Embraces Climate Fight David Malpass, who was met with skepticism when he got the job in 2019, has become increasingly vocal about the risk of climate change.
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Aramco Strikes $12.4 Billion Oil Pipeline Deal With EIG-Led Group The move represents another far-reaching attempt to monetize Saudi Arabia's prodigious oil assets--once considered so strategic that even a minority stake sale seemed far-fetched.
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Rep. Matt Gaetz (R-FL) insisted to a crowd of supporters in Florida on Friday that he was the victim of "the lies" and "the smears" of his critics as he faces a Justice Department inquiry over whether he broke sex traffi...
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The Great GOP Migration: How South Florida became a shadow capital for Trump conservatives Proximity to Mar-a-Lago, and distance from Covid lockdowns and Blue State hostility, brought conservatives to the Miami area. But will they stay?
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Corporate America wants to avoid higher taxes and social issues. That's not likely to happen. On a range of political issues, businesses have felt compelled to speak out. But many are silent when it comes to tax hikes, if not hostile.
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The 'race for talent' is pushing companies like Delta and Coca-Cola to speak out against voting laws In-demand employees are more likely to be concerned about voter suppression, and less likely to be worried about claims of voter fraud, experts say.
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Jack Ma's company accepted the huge penalty levied by Chinese regulators on Saturday. The billionaire mogul has been under increased scrutiny for some time
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Pharmaceutical market rebounds in March at 10.3%: Ind-Ra The growth was attributed to acute therapy products primarily in anti-infective, gastro and vitamins segments
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Remote-work salaries are higher than office-based salaries in some cities, a new study has found Here's where employees can find the most opportunities for remote work and the cities paying the highest salaries for such work
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As Apple and Facebook Clash Over Ads, Mom-and-Pop Shops Fear They'll Be the Victims If Apple is King Kong and Facebook is Godzilla, mom-and-pop online merchants are worried they're the screaming, scattering citizens who are about to get stomped as these two giants battle it out.
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For CEOs, the New Business of Business Is...Politics

Wall Street Journal - 10 Apr 2021 06:00
For CEOs, the New Business of Business Is...Politics Engaging on social issues is now part of the CEO job description, but it's a treacherous path.
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Alibaba Hit With Record $2.8 Billion Antitrust Fine in China

Wall Street Journal - 10 Apr 2021 05:34
Alibaba Hit With Record $2.8 Billion Antitrust Fine in China In recent months, the business empire of Alibaba founder Jack Ma has come under increasing regulatory scrutiny.
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Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of understanding (MOU) exp...
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Startup Behind AstraZeneca Covid-19 Vaccine Files for U.S. IPO

Wall Street Journal - 10 Apr 2021 00:58
Vaccitech PLC, spun out of the University of Oxford in 2016, said it plans to use the technology underpinning the vaccine to develop treatments targeting prostate cancer, hepatitis B and human papillomavirus.
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Medline Industries Explores Sale

Wall Street Journal - 10 Apr 2021 23:57
Medline Industries is exploring a sale that could value the big medical-supply company at as much as $30 billion and mark the latest in a recent string of large leveraged-buyout bids.
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The New Civil War: Blue States Soak The Rich; Red States Sue To Cut Taxes The Trump tax reform conspicuously targeted high-tax Democratic states. Now that they're in control, some Democrats have made undoing the damage a priority.
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How to Invest When Everything Is Expensive

Wall Street Journal - 10 Apr 2021 16:05
Stock valuations have never been so stretched at the beginning of a new economic cycle. This doesn't mean disaster, but savers need to plan for lower future returns.
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7th Pay Commission: Your monthly PF contribution may change from July. Here's how As monthly PF contribution is decided on the basis of one's basic salary plus DA.The DA hike will lead to rise in one's monthly PF contribution or PF balance in the long-term
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