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Business News

Location American Business News for 6 May 2021
Jeff Bezos sold $2.5 billion in Amazon stock as he prepares to step down as CEO - and could sell more worth $6.54 billion SEC filings show Bezos sold the stock as part of a pre-agreed trading plan. He also has the option to sell another 2 million shares.
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Lindsey Vonn and P.K. Subban sell Beverly Hills villa for $6.9 million After a year of ownership, Olympic skiier Lindsey Vonn and NHL star P.K. Subban just sold their Beverly Hills home for $6.9 million.
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Applications for U.S. unemployment benefits fell below 500,000 in early May for the first time since the onset of the pandemic, pointing to an upsurge in hiring as companies race to beef up staff as the economy builds mo...
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US weekly jobless claims fall below 500,000 for the first time since pandemic lockdowns began Continuing claims, which track Americans currently receiving unemployment benefits, climbed to 3.69 million for the week that ended April 24.
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PayPal says its crypto efforts are producing 'really great results' on earnings call PayPal's CEO believes crypto assets are forging a more equitable and inclusive financial system.
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Telemundo Launches New Studios To Develop Streaming Content For Latino Audiences Telemundo Streaming Studios will be exclusively dedicated to developing and producing original scripted content for VOD streaming.
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Moderna slumps 11% as the vaccine-maker's Q1 revenue misses estimates The pharma company's full-year sales forecast for its vaccine was raised to $19.2 billion, up from a prior forecast of $18.4 billion.
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Endpoint security platform Huntress raises $40M

Venture Beat - 6 May 2021 15:00
Huntress, a software-as-a-service cybersecurity platform, raised $40 million in a venture equity round of funding.
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How companies can use career development programs to attract and retain top talent Managers should identify employees who want to advance to senior positions and set a plan for them to continually grow and strengthen their skills.
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Ethereum and Altcoins Rally, Bitcoin Corrects Gains Bitcoin price formed a base above the USD 54,000 zone. BTC started a steady increase and it cleared the USD 56,000 and USD 56,500 resistance levels. It even tested the USD 58,000 zone and it is currently (03:50 UTC) corr...
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Here are the counties that grew and shrank the most from 2019 to 2020 Comal County, Texas, grew the fastest in a year among counties with a population of at least 10,000 as of July 2020 with a 5.35% increase.
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US stocks were mixed on Thursday as investors weighed the latest earnings reports against encouraging jobless claims data.
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Cryptocurrencies "have no intrinsic value," Bank of England governor Andrew Bailey said.
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Nike and Adidas saw their online sales plummet in China over the Xinjiang cotton boycott Chinese consumers are boycotting western brands for criticizing alleged forced labor cotton practices in the Xinjiang region in China.
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Why we remember more by reading rather than listening to audio or watching video People approach digital content with a casual mindset and devote less effort to comprehension than when there's a physical text in front of them.
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Gary Gensler is set to say the SEC is studying whether to impose restrictions on brokerage apps that facilitate trading of stocks and other securities, according to prepared testimony before a House committee.
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Applebee's And IHOP Are 'All In' On Ghost Kitchens And Virtual Brands Applebee's and IHOP shifted their business models to takeout and delivery during the pandemic, and those numbers seem to be sticking around even as 99% of the domestic system is reopened.
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Amazon just became another company's healthcare provider

Business Insider - 6 May 2021 14:38
Amazon just became another company's healthcare provider These are Insider's biggest healthcare stories for May 6.
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498,000 Americans Filed For Unemployment Last Week--A New Pandemic Low There were far fewer unemployment claims last week than economists were expecting.
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ReCharge, a subscription payments management platform for ecommerce companies, has raised $277 million in its first round of funding.
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These banks are giving up to 6.75% return on fixed deposits. Should you invest? Major reason for investors looking at Bank FD as safe haven is its feature of giving assured return with some extra benefits like over draft facilities
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Zynga Buys Chartboost To Drive Online Ads, Reports Record Quarterly Revenue Mobile game publisher Zynga is buying ad monetization platform Chartboost for $250 million. The company also reported record quarterly revenues and bookings, and raised guidance for the year by $100 million.
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