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Business News

Location American Business News for 15 May 2021
Low Energy Proof-of-Work: Bitcoin Improvement Proposal Wants to Change Network's Algorithm The most topical conversation in the world of cryptocurrencies right now is the effects of bitcoin mining on the global environment after Elon Musk heated up the conversation. Following the recent Tesla announcement, the...
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Your Electric Vehicle Can't Get There from Here--At Least, Not Without a Charge Why we need to build a national network of charging stations fast.
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Kusama (KSM) price hits new highs as parachain auctions begin to take shape KSM rallied to a new all-time high as investors rushed into new positions in order to participate in the hype surrounding the upcoming parachain auctions.
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At Least 18 States Dropping $300-A-Week Federal Unemployment Benefits Many Republicans are claiming that overly generous unemployment payments are causing labor shortages.
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The news comes hours after Insider reported Joel Greenberg, a former Gaetz wingman, will plead guilty to six felony counts on Monday.
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Ex-Apple employee claims company fired him and knew about his past comments on women, people of color Antonio García Martínez claimed Apple recruited him and asked about his autobiography, which employees had said included "misogynistic" comments.
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Unemployment $10,200 tax break: Single taxpayers who lost work in 2020 could see extra refund money soonest The IRS detailed on how it will handle a mixup involving a tax break for jobless benefits that became law a month after many already filed returns.      
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Hertz Gets Court Approval for Bankruptcy Deal With Top Bidders

Wall Street Journal - 15 May 2021 00:02
Hertz Gets Court Approval for Bankruptcy Deal With Top Bidders The winning bid for Hertz will provide a distribution of as much as $8 a share to the company's current owners, according to Hertz's estimates.
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Real estate agents reveal the 6 things they wish potential homebuyers knew going into the process Five real estate agents based throughout the US discuss how prospective homebuyers can navigate a wild real estate market.
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Gasoline Shortages And Price Spikes Are About Choices, Dependency And Infrastructure The lack of any long-lasting impacts from the cyber attack on Colonial Pipeline most likely means that, unfortunately, the entire episode will have been forgotten a month from now.
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From free beer to $1 million giveaways, here are the strange ways states are incentivizing their residents to get vaccinated If you're an Ohio resident, you might find yourself $1 million richer after getting a COVID-19 vaccine. Other states are being creative, too.
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"I'm predicting here that over the next two, three years we could easily have 20% inflation with this increase in the money supply," Siegel said.
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Here's how to tell if dogecoin's rebound is more bark than bite, according to technical analysts following the popular crypto.
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Altcoins pop while Bitcoin looks for support near $50,000 Bitcoin bulls struggle to push BTC price above $50,000 while ADA, MATIC and other large-cap altcoins realize double-digit gains.
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Bank of Korea to Monitor Crypto Transactions Using Financial Records South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the...
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Marjorie Taylor Greene Allegedly Broke Georgia Law By Taking Tax Exemptions On Two Homes Greene told the local reporter who uncovered the tax snafu to "mind his own business."
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Does Student Loan Cancellation Stimulate The Economy? Will your student loans get cancelled?
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Costco, one of the first to require masks, drops face-covering requirement for fully vaccinated at some clubs Costco, one of the first retailers to mandate shoppers wear masks, has dropped its requirement for those who are fully vaccinated at some clubs.      
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Ciphertrace Report Shows Crypto Crime Moving to Defi Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way ...
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With mixed messaging on masks, businesses are forced to shoulder the burden The CDC says vaccinated people no longer have to wear masks indoors. California says they do, and businesses are now forced to deal with the ambiguity.
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South Korean Political Heavyweight Lashes Out at Gov't Crypto Policy Ahn Chul-soo. Source: A screenshot, Instagram/ahncheolsoo The founder of a leading opposition party, the tech guru Ahn Chul-soo of the software giant and antivirus provider AhnLab, has hit out at the South Korean governm...
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Facebook loses court fight over stopping EU-US data transfers Facebook lost a legal battle Friday with Ireland's data privacy watchdog over a European Union privacy decision that could result in the social network being forced to stop transferring data to the US.
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