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Business News

Location American Business News for 25 April 2021
A mini replica of the Suez Canal in a French lake is helping mariners learn the lessons of the Ever Given blockage The Port Revel training facility in France has seen a surge of interest after the giant Ever Given container ship got wedged in the Suez Canal last month.
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ClassPass founder Payal Kadakia on how her Indian American heritage inspired her to create a $1 billion business Growing up, Kadakia says she was inspired to create a space to celebrate her dual identities in the dance and fitness industries.
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Dogecoin Investor Becomes Millionaire in 2 Months, Inspired by Elon Musk A dogecoin investor has shared his story of how he became a crypto millionaire in a little over two months after learning about the meme cryptocurrency and pouring all his savings into it. He said he was inspired by Elon...
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Credit Suisse's $5.5 billion Archegos hit enters big league of bank losses 'The fallout at Credit Suisse is going to continue for some time,' says Nick Leeson, whose trades led to the 1995 downfall of Barings Bank
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300+ employees have left Travis Kalanick's ghost-kitchen startup, in an exodus that reflects deep tensions over leadership, secrecy, and pay Travis Kalanick's stealth $5 billion startup, CloudKitchens, is Uber all over again, ruled by a 'temple of bros,' insiders say
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I compared a $5,000 e-bike with a $1,100 one, and saw why it's worth spending more on a premium bike if you can afford it The RadMission 1 is an excellent e-bike for the money. But the Serial 1 Rush/Cty Speed from Harley-Davidson costs $5,000 for good reason.
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There's a simple solution for companies struggling to hire: Pay workers more Companies need to pay workers more to attract and retain employees. Those that cannot are doomed to fail.
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China plans to land its Chang'e 6 lunar lander by 2024. An asteroid defense system could also be on the way. China's rover projects are gaining traction, while the country mulls a possible system to protect against near-Earth asteroids
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I paid $160 to work from a 4-star luxury hotel in LA for the day, and the free coffee and rooftop pool made me feel surprisingly productive Los Angeles - the home of movie stars, sunshine, and overpriced juice - has a hidden secret: a luxury hotel with a great remote work program.
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Bittorrent Creator Bram Cohen's Crypto Project Chia Sparks Hard Drive and SSD Shortages On May 3, tokens stemming from the Chia network, a smart transaction blockchain created by the Bittorrent creator Bram Cohen, will start trading and transactions will be fully enabled. Rather than leveraging the proof-of...
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Carlyle CEO Plots Rebound for Private-Equity Pioneer

Wall Street Journal - 25 Apr 2021 14:00
Kewsong Lee has made it his mission to clean up Carlyle Group's problem areas and close the gap with competitors.
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Five Days in the Office? For These Startups, the Future of Work Is Old School Outliers are prioritizing in-person work as Microsoft, Google and others experiment with hybrid arrangements post-pandemic.
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How Small Businesses Can Attract In-Person Visitors Once More It feels a bit foreign after more than a year of isolation and social distancing, but it's clear we want to meet people again and have in-person experiences with the brands we love.
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SEC Commissioner on Banning Bitcoin: 'It's Very Difficult to Ban Peer-to-Peer Technology' SEC Commissioner Hester Peirce believes that the U.S. government cannot ban bitcoin, stating that “it’s very difficult to ban something that’s essentially a peer-to-peer technology.” The commissioner is hopeful t...
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Tesla CEO Elon Musk adding 'Saturday Night Live' hosting job to his to-do list Saturday Night Live doesn't make a habit of having business executives host its show, but Musk is far from a stuffy corporate type.
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These Big Dividends Are The Market's Last True Bargains The most discounted equity CEF trades at a whopping 26.7% discount as I write this.
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'Reit should be a core component of every asset allocation strategy' Embassy Reit has delivered a projected total return of 24% since listing and has paid dividend totalling around ₹3,700 crore, says Michael Holland, CEO
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What's Next For The Roller Coaster Stock Market? The stock market had quite a wild ride last week as after selling at the start of the week there was almost a 1% change on each the last three days. What does this mean for the technical outlook, growth or value, and are...
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Insurers get nod to invest in debt instruments of InvITs, Reits The nod came after Irdai had allowed insurers in March to invest in the units of such pooled investment vehicles
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You need to pay advance tax in four tranches

livemint.com - 25 Apr 2021 21:27
You need to pay advance tax in four tranches As per the Payment of Gratuity Act, a person who is employed for wages in or in connection with an establishment to which the Act applies and has rendered continuous service for not less than five years shall be eligible...
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Improving credit quality is a good sign for investors Gross and net NPAs for banks were lower as on 31 December compared to 31 March 2020
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Morningstar said the Emerald Advisers fund was taking on too much cryptocurrency risk.
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