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Business News

Location American Business News for 3 May 2021
Extra Gum's Back-To-Normal Ad Is a Euphoric Release The amount of death, economic anxiety, social isolation and political strife that's occurred over the past 14 months or so is something anyone who's lived through it will never forget. But change is coming. Life under lo...
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Verizon Agrees to Sell Yahoo, AOL to Apollo for $5 Billion

Wall Street Journal - 3 May 2021 14:57
Verizon Agrees to Sell Yahoo, AOL to Apollo for $5 Billion The wireless company, which is exiting its ill-fated foray into the media business, would keep a 10% stake in a new company, called Yahoo, that will be formed to operate the business.
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Bitcoin Is Number One Pick -- Asset Manager Confident BTC Will Take Him 'to the Top' in Stock Draft Competition At CNBC’s Stock Draft, an annual stock-picking competition, bitcoin was the number one pick. Tim Seymour, the founder of Seymour Asset Management, believes that the government will come out with regulations that suppor...
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Ethereum, the word's second-largest cryptocurrency by market cap, topped $3,000 for the first time Sunday.
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Thoughtful (And Eco-Friendly) Gifts For Mother's Day A roundup of gifts for moms (or aunts and grandmas) from brands that are giving back or looking to lighten their impact on environment. Time, especially these days, is the best gift. But if you're looking for something t...
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When it opens June 10, Eleven Madison Park's menu will be entirely vegan - except for the option to have milk with tea and honey.
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Altcoins just repeated a move which could launch them 27,000% higher in 2021 The altcoin market cap has flipped its previous cycle high to support -- last time that happened, it gained 27,623% in a year.
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Verizon Sells AOL and Yahoo to Apollo for $5 Billion

The New York Times - 3 May 2021 15:54
Verizon Sells AOL and Yahoo to Apollo for $5 Billion Verizon acquired AOL in 2015 and Yahoo in 2017 and combined them under the umbrella Oath.
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Robinhood turning stock market into a casino, Warren Buffett says Legendary investor and Berkshire Hathaway CEO Warren Buffett slammed stock-trading app Robinhood -- saying it's turning the market into a casino.
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Warren Buffett says Greg Abel is his likely successor as Berkshire Hathaway CEO "The directors are in agreement that if something were to happen to me tonight, it would be Greg who'd take over tomorrow morning," Buffett told CNBC.
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Apollo acquires Verizon's Yahoo and AOL businesses for $5B Private equity firm Apollo Global Management has acquired Verizon's media group for $5 billion, the two companies announced Monday.
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Verizon Selling AOL, Yahoo To Apollo Global Management The media company is selling two of its media properties for $5 billion.
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Travala Targets New Crypto Millionaires With Concierge Service As the ongoing bull market has increased the number of crypto nouveaux riches, the business is trying to capitalize on this trend by offering premium services for new crypto millionaires or even billionaires. The most re...
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CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.
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Warren Buffett says US economy is 'red hot' but warns on inflation "Right now, business really is very good in a great many segments of the economy ... It's almost a buying frenzy," Berkshire Hathaway's chief executive told shareholders at the company's annual meeting this weekend. "Thi...
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China's new digital currency will be another tool for its police state Chinese authorities want to have a digital currency in widespread use, but privacy advocates worry about how much data they'll be able to collect.
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Production at Tesla Inc.'s new gigafactory outside Berlin will be delayed by another six months, according to a new report.
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Biden Raises Refugee Cap To 62,500 After Backlash For Keeping Trump Era Limit The Biden administration on Monday announced that it will raise the refugee cap to 62,500 this fiscal year, following backlash the President faced last month for keeping the historically low Trump-era refugee cap of 15,0...
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The 10 best books for learning astrology, according to professional astrologers Whether you're a total beginner or more advanced, these are the best astrology books to learn everything from birth charts to compatibility.
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NYC May Be Reopening In May -- But Broadway Shows Won't Be Back Until September Shows are expected to resume performances in September despite Cuomo saying they could reopen May 19.
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Biden is raising the 2021 refugee cap to 62,500, but says 'the sad truth' is he will likely not achieve it President Biden is preparing to raise this year's refugee cap from the historic low set by his predecessor.
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Range-bound Bitcoin price opens the door for altcoins to move higher Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls.
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