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Business News

Location American Business News for 13 May 2021
Outer Brings Drop Culture to the Furniture Space The trend of "drops"--limited-edition product release events--is expanding from the cosmetics and apparel industries into home furnishings as marketers attempt to generate excitement by using scarcity to attract new cust...
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Tether Reveals Its Reserves Breakdown For The First Time Tether, the issuer of the most popular stablecoin, tether (USDT), presented its reserves breakdown for the first time. Per the company, almost 76% of its reserves on March 31 consisted of cash, cash, cash equivalents, an...
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Tax Day is around the corner. If you haven't filed yet, don't panic. You could opt for an extension. But there are a few things to keep in mind.      
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Ohio Will Give Out $1 Million Randomly To Vaccinated Residents Gov. Mike DeWine, a Republican, thinks the tantalizing prospect of a seven-figure windfall will convince more Ohioans to take the coronavirus vaccine.
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AppSwarm's DOGE division calls for a global dev teams to build off Dogecoin AppSwarm's newly launched Dogecoin division, DogeLabs, wants to become a global Dogecoin player by uniting worldwide DevOps teams.
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10 Best Private Student Loan Companies of 2021

Money Crashers - 13 May 2021 14:51
10 Best Private Student Loan Companies of 2021 Agreeing to assume tens of thousands of dollars of debt as a teen seems ill-advised. Yet it's the only way for many students to get a higher education. Private student loans are among the many possible avenues. And if th...
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Workers file 473,000 new jobless claims, hitting another pandemic low The number of Americans seeking new jobless benefits continued a steady week-over-week decline, falling below a half million and hitting a pandemic low.
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Takeaways From The New York Giants' 2021 Regular-Season Schedule With the NFL unveiling its first 17-game schedule for all its clubs, the New York Giants have themselves a fairly favorable slate of dates.
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McDonald's Will Raise Wages at Company-Owned Restaurants

The New York Times - 13 May 2021 14:05
McDonald's Will Raise Wages at Company-Owned Restaurants The fast-food company is raising wages at company-owned restaurants, but the move still falls short of demands for a minimum wage of $15 an hour.
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BluBracket, a platform that scans app code for security and integrity issues, has raised $12 million in venture capital.
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Retail Recruiters Boosting Hiring Efforts for Job Market Recovery Though the industry was already transforming, the pandemic accelerated a change in how and where people shop, and many brick-and-mortar jobs were lost as a result. While the past year has been difficult for retailers and...
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Futures point to further declines for U.S. stocks a day after the S&P 500 posted its biggest three-day drop since October.
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Demand for luxury homes slow since April

livemint.com - 13 May 2021 13:17
Demand for luxury homes slow since April Prices of luxury residential properties are likely to remain stable and may even rise slightly due to limited supply
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Colonial Pipeline Restarts Operations After Cyberattack On Fuel Supply Lines The biggest fuel pipeline in the U.S. had halted service after becoming the victim of a ransomware attack that cut off deliveries to the East Coast.
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Vitalik Buterin, co-creator of the crypto network Ethereum, donated more than $1 billion on Wednesday to a relief fund to combat the spread of Covid-19 in India.
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Apple engineer leaves company after employees speak out about his 'misogynistic' past comments Antonio García Martínez has left Apple, Bloomberg's Mark Gurman reported, after employees slammed "racist and sexist remarks" from his autobiography.
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Bitcoin Cash Argentina Runs Flipstarter to Boost Adoption in the Country Bitcoin Cash Argentina, a nonprofit organization whose objective is to promote the use of Bitcoin Cash, has started a flipstarter campaign that seeks to raise funds to explain the use cases of this cryptocurrency in the ...
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Ohio will end its pandemic restrictions on June 2, and will give away $1 million prizes and college scholarships as an incentive to get more people vaccinated against COVID-19.
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This 4.6% Dividend Is A Smart Buy Now (and It's About To Get Even Better) Despite worries about rising interest rates, the Federal Reserve is likely to keep its key lending rate near zero.
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China's Blockchain Investment Growth Is Slowing Down Beijing. The growth of China's blockchain business expansion appears to be slowing, per a new report - a sign that the blockchain explosion of the past two years appears to be quelling. In October 2019, Chinese President...
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The alternative cryptocurrency used in the contribution is piggybacking off the popularity of dogecoin.
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In a post on Twitter Wednesday, Elon Musk cited concerns about "rapidly increasing use of fossil fuels for Bitcoin mining and transactions."
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