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Business News

Location American Business News for 2 May 2021
Visa Diving Into Cryptocurrency 'in a Very, Very Big Way' -- CEO Outlines 5 Crypto Priorities Visa CEO Al Kelly says that the payments giant is leaning into the cryptocurrency space “in a very, very big way.” He outlines five key areas of crypto opportunities that Visa is focusing on, stating that his company...
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Yes Bank rescue happened in the nick of time before pandemic struck: CEO Kumar Yes Bank's rescue act in early March 2020 happened in the nick of time ahead of the COVID-19 pandemic, and even a 15-day delay in it would have meant great difficulty for a lender about to close down, its new managing di...
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Why Being Humble Is Critical To Growing Your Business "Humble" may be a rare quality in the business world, but that's all the more reason to embrace it. Build your brand on humility, as this seasoned entrepreneur has done, and you could have the same level of success.
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Tori Dunlap quit her job and started her own company after saving up $100,000. Now she is on track to make $1 million in 2021. Here's what she learned.
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Restaurant workers should keep collecting unemployment instead of going back to work for poverty wages Why would restaurant workers choose to go back to getting paid like dirt? Until employers raise prices, they're fine where they're at.
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The 6 Things Small Businesses Need To Know About Security 6 security professionals share their most useful advice for small businesses to safeguard their companies against cybersecurity vulnerabilities.
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Americans Can't Get Enough of Stocks

Wall Street Journal - 2 May 2021 11:30
Americans Can't Get Enough of Stocks Individual investors are holding more stocks than ever before as major indexes climb to fresh highs. They are also upping the ante by borrowing to magnify their bets or increasingly buying on small dips in the market.
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Max Hodak, the cofounder of Elon Musk's Neuralink, departed the company 'a few weeks ago' Hodak, who also served as the company's president, said he remained a huge cheerleader for the venture, following his departure
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Tech jobs, sun, and no income tax: experts explain why Florida is poised to keep growing even after the pandemic Elliott Management is moving its headquarters to West Palm Beach, while Carl Icahn, Tom Brady, and Peter Thiel have all bought homes in Florida.
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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rul...
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Dogecoin Nears All-Time Highs, Price Launches Higher After Elon Musk's 'Dogefather' SNL Tweet The infamous meme-crypto dogecoin has seen double-digit gains in recent days after Tesla’s Elon Musk tweeted about his upcoming Saturday Night Live appearance on May 8. On Wednesday, Musk tweeted “The Dogefather SNL ...
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Tractor Supply: 11 Million Chickens And Going Strong The retailer focused on a more rural lifestyle finds itself the beneficiary of the exodus from the cities to the good life out in the country.
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McDonald's, Taco Bell, Sonic among restaurants offering freebies, deals on Teacher Appreciation Day Tuesday Teacher Appreciation Week kicks off Monday and runs through Friday. But the biggest freebie day for educators is Tuesday, National Teachers Day.      
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3 Tax-Free Ways To Infrastructure spending is back in vogue, and we've got a chance to grab a piece of it tax-free.
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3 Monthly Dividend Stocks Yielding Up To 7.7% What's better than a 6% yield paid every quarter? An 8% annual yield--paid every month--of course!
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San Diego Overturned Ship: 3 Dead, 27 Sent To Hospital, Officials Say Few details have been released about the boat that capsized Sunday morning.
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What Are The Hottest Cryptocurrencies In China, Korea & Japan? Hanwha Asset Management potentially forming a digital asset fund would set an important precedent in the South Korean crypto scene, similar to how MicroStrategy marked the start of an institutional frenzy around crypto i...
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Facebook and the Normalization of Deviance

The New Yorker - 2 May 2021 23:28
The trouble with waiting to address problems long after you know that they exist.
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Nasdaq wants new diversity rules, but diversifying boards does not mean better performance Nasdaq is asking for new diversity rules, but there is no firm evidence that diversifying boards improves financial performance and investors should be wary.      
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Scott Stands By Controversial ‘America Is Not A Racist Country’ Remark Sen. Tim Scott (R-SC) on Sunday stood by his remark arguing that "America is not a racist country" during his rebuttal to President Biden's address to Congress last week.
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Apple's app store goes on trial Monday in suit brought by maker of Fortnite On Monday, Apple faces one of its most serious legal threats in recent years: A trial that threatens to upend its iron control over its app store, which brings in billions of dollars each year while feeding more than 1.6...
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The "easy money" stage of the U.S. stock market rally is likely over, but there's still room for gains as economic growth steams ahead in 2021, bullish investors say.
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