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Business News

Location American Business News for 15 April 2021
'My wife gave her mother Power of Attorney over all of her finances.'
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MDC Partners Taps S4 Capital's Rebecca Routs to Lead Senior Client Relationships Rebecca Routs, who worked with S4 Capital's Firewood agency as senior account director across business initiatives for Google, has joined MDC Partners as its senior director for key client relationships. After four years...
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The method in Microsoft's merger madness

The Economist - 15 Apr 2021 16:55
TAKE OUR cash, or at least our shares. That appears to be Microsoft's mantra these days. After failing to acquire the American operations of TikTok, a short-video app, last year, the software giant was recently rumoured ...
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3 reasons Dogecoin is up 123% this week, hitting $0.10 for the first time DOGE, the native cryptocurrency of Dogecoin, rose 123% in the past seven days as the altcoin market saw a resurgence in momentum.
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C.D.C. Panel Keeps Pause on Use of J&J Vaccine, Weighing Risks An advisory committee debated the very few cases of a rare blood disorder and worried about the suspension's effect on global needs for a one-shot, easy-to-ship vaccine.
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The AstraZeneca and Johnson & Johnson shots are both viral vector vaccines. Both have been linked to cases of rare blood clots in the brain.
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Businesses are struggling to hire workers -- and say Uncle Sam is to blame Workers are hard to find despite the vaccination rollout and a stubbornly high unemployment rate -- and business owners say Uncle Sam is to blame. Just this past Monday, Sean Macari, owner of a job recruitment company in...
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Disney adopts 'gender inclusive' costumes for theme park staff It’s a whole new world at Disney — and tattoos and gender-bending are welcome. The Mouse House is now allowing cast members at its theme parks to show up to work showing their tattoos and wearing whatever gender cost...
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Delta Should Keep Faith in Good Old Network Strategy

Wall Street Journal - 15 Apr 2021 17:37
The airline has stuck doggedly to the old network-carrier playbook even as the pandemic has made a mess of it. Now is no time to change course.
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Britannia Milk Bikis launches new campaign featuring Pankaj Tripathi Britannia said it has set up a nationwide study amongst mothers of children aged between 4-12, in the latter half of 2020
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Coinbase is having a strong morning after listing on Wednesday.
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Bank of America Profit Doubles

Wall Street Journal - 15 Apr 2021 14:39
Bank of America posted earnings of $8.05 billion in the first quarter, compared with $4.01 billion a year earlier, when banks began stockpiling rainy-day reserves at the beginning of the pandemic.
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The New York bank said it would exit its consumer operations in 13 countries, mostly across Asia, to focus on wealth management and other businesses.
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TetraScience, a startup building cloud tools for managing and analyzing life sciences data, has raised $80 million.
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UnitedHealth Posts Stronger Quarterly Results as Membership Grows UnitedHealth's total revenue grew by 9% to $70.2 billion in the first quarter, up from $64.4 billion in the same three months a year earlier.
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KuCoin Labs Launches 50 Million Fund to Find The Next Crypto Gem Disclaimer: The text below is a press release that was not written by Cryptonews.com. On April 15, 2021, KuCoin, an IDG backed crypto exchange, announced the official launch of KuCoin Labs, an incubator and research arm ...
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Family Dollar Launches Retail Media Network

AdWeek - 15 Apr 2021 13:32
Family Dollar Launches Retail Media Network Family Dollar is the latest retailer to launch a media network, allowing the discount chain to work more closely with brands and allows those partner brands better access to customers. Top line Family Dollar's media netw...
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Millions of Swedish savers have exposure to Bitcoin via state pension fund Almost 5 million Swedes have indirect exposure to Bitcoin through the shares held by state pension fund AP7.
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PepsiCo on Thursday reported quarterly earnings that topped analyst estimates as consumers maintained their pandemic snacking habits.
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Massachusetts Goes After Robinhood's Registration

Wall Street Journal - 15 Apr 2021 23:16
The move for revocation follows a December filing by the office of William Galvin, the secretary of the commonwealth, that accused the brokerage of aggressively marketing to inexperienced investors.
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That $440 million took a detour, complicating Credit Suisse's efforts to recover money owed to investors after Greensill collapsed into bankruptcy.
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Dow Closes Above 34,000 For First Time Ever After Blowout Big Bank Earnings And Economic Data "At long last the economic recovery appears to be picking up speed," one expert says of the better-than-expected employment data.
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