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Business News

Location American Business News for 12 April 2021
New York & North Carolina Lawmakers Take Opposing Approaches To Post-Pandemic Tax Policy New York, a state that has been losing population for years, is poised to enact another income tax hike and raise taxes on business. Meanwhile in North Carolina, a state that has been gaining population, lawmakers are mo...
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OneWeb, Kazakhstan ink pact to provide high-speed broadband connectivity Under the partnership, OneWeb has planned the first network demonstration in Kazakhstan in June
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Inside Larry Ellison's new $80 million Palm Beach mansion, which sits in a high-security gated community and has 520 feet of ocean frontage The billionaire Oracle cofounder said in December that he had moved to Lanai, the Hawaiian island he owns.
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'Every time another 'past due' envelope arrives I panic at the thought of the savings I worked so hard to put away might be gone in one accident.'
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Spout-Ify: Voice Command Becomes The Next Frontier For Spotify Spotify launches voice command feature
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Nuance leaps 18% on Microsoft's deal to acquire the AI speech-technology software maker The $19.7 billion deal to acquire Nuance would be Microsoft's largest since it purchased professional networking site LinkedIn in 2016.
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Biden to meet with bipartisan group to discuss $2tn infrastructure plan - live Biden specifically targeting Republican congressional leaders Mitch McConnell has pledged to fight package 'every step of the way' President adamant Congress must approve massive investment Sign up to receive First Thing...
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98% Of CEOs Say Biden's Corporate Tax Rate Hike Will Hurt Their Companies, According To Survey Biden has said he is "willing to negotiate" a smaller increase.
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The leader of Sicily in Italy said as many as 80% of people are turning down the AstraZeneca jab The shot is recommended in Italy for people over 60. Fears about the AstraZeneca vaccine are "understandable, but unjustified," one official said.
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Investor Dan Loeb's $17 billion hedge fund Third Point holds an undisclosed amount of cryptocurrencies with Coinbase Third Point revealed in a regulatory filing in late March that five of its funds hold crypto assets under custody with Coinbase.
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UK and EU edge closer to deal on Brexit checks in Northern Ireland Efforts are focused on removing 'rolling deadlines' from border control implementations, sources say The UK is edging towards a new deal with the EU on Brexit arrangements for Northern Ireland with the potential for easi...
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Bitcoin briefly topped $61,200 on Monday as the crypto world awaited the Coinbase's IPO, which is expected to price on Wednesday.
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"As vaccination rates increase in the United States, we are observing that consumer demand for mobility is recovering faster than driver availability," Uber said.
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Experts aren't worried about J&J's vaccine and clusters of bad reactions These are Insider's biggest healthcare stories for April 12.
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Why Low-Code is Gaining Popularity with Retailers

Retail Touch Points - 12 Apr 2021 14:52
Why Low-Code is Gaining Popularity with Retailers The low-code application development wave is absorbing more retailers -- and rightfully so. Retailers face an ever-escalating need for customized and differentiated applications that can push innovation and keep customer...
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Jack Ma's Ant Group Bows to Beijing With Company Overhaul

Wall Street Journal - 12 Apr 2021 14:23
Ant Group, the financial-technology giant controlled by billionaire Jack Ma, will apply to become a financial holding company overseen by China's central bank.
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Cannabis deals in Europe will help pot giant Aphria build up a war chest ahead of an expected frenzy of M&A in the U.S., the company's chair and chief executive told MarketWatch ahead of the group's earnings on Monday.
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Beware SBI customers!: State Bank of India cautions against online FD fraud SBI fixed deposits (FDs) between 7 days to 10 years gives 2.9% to 5.4% to general customers
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St. Louis Fed President Says Central Bank Could Discuss Tightening Policy With 75% Of People Vaccinated 22.3% of the population was fully vaccinated as of April 12, according to the CDC.
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U.K. to Examine Former Prime Minister Cameron's Greensill Role

Wall Street Journal - 12 Apr 2021 21:50
The U.K. announced an independent review into contracts it handed Greensill Capital and the role former Prime Minister David Cameron played in lobbying on the financing company's behalf just months before its collapse.
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Despite Record 1Q Results, Coinbase's Valuation Remains Ridiculous Even though Coinbase's revenue surged over the past 12 months, the company has little-to-no-chance of meeting the future profit expectations that are baked into its ridiculously high expected valuation of $100 billion.
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AMC Stock Plummets After Chinese Billionaire's Firm Sells $220 Million Stake Despite the Monday plunge, shares of the world's largest movie theater chain are still up 330% this year.
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