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Business News

Location American Business News for 17 May 2021
Bitcoin tumbles after Musk implies Tesla may sell cryptocurrency Elon Musk continued to whipsaw the price of bitcoin, briefly sending it to the lowest since February after implying in a Twitter exchange Sunday that Tesla Inc. may sell or has sold its cryptocurrency holdings.
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Not everyone is sanguine about U.S.-China ties, however
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The 3 best men's multivitamins of 2021, backed by medical experts A high-quality men's multivitamin should be a clean and safe formula with all the necessary nutrients. We talked to 3 experts to find the best ones.
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Almost all major Bitcoin mining pools now signaling for Taproot activation The largest Bitcoin mining pools are signaling for Taproot, but the activation may not reach the 90% critical consensus mark during this current difficulty epoch.
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What does a meltdown in bitcoin prices over the weekend portend for stocks?
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JD Logistics Launches Up to $3.4 Billion Hong Kong IPO

Wall Street Journal - 17 May 2021 03:59
The logistics arm of JD.com is looking to raise as much as $3.4 billion through an initial public offering, in the latest Hong Kong listing linked to China's booming e-commerce market.
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Gates Left Board Amid Probe Into Prior Relationship With Staffer Some Microsoft directors began an investigation in 2019 into a woman's allegations of a prior sexual relationship with Bill Gates; Mr. Gates's spokeswoman says his decision to leave the board in 2020 wasn't related to th...
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Discovery surges 10% after agreeing to acquire AT&T's media operations for $43 billion Discovery's acquisition will bring together more than 100 media brands including HGTV and HBO.
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Most US parents will get monthly checks of $250 or $300 per child, starting in July Qualified families will receive a payment of up to $300 per month for each child under 6 and up to $250 per month for children 6 to 17. Couples earning $150,000 or less can receive the full payments on the 15th of each m...
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Joe Biden's American Rescue Plan expanded the Child Tax Credit and allowed families to receive half of the payments in advance monthly installments.      
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AT&T to Combine WarnerMedia Assets With Discovery

Wall Street Journal - 17 May 2021 13:48
AT&T to Combine WarnerMedia Assets With Discovery The deal would merge the telecom giant's media assets, including CNN, into a new publicly traded company led by Discovery Chief Executive David Zaslav.
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Fundstrat's Tom Lee Boosts Bitcoin Target 25% Despite Musk's Criticism Tom Lee. Source: a video screenshot, Youtube/Bloomberg. Tesla's recent declaration it would no longer be accepting bitcoin (BTC), paired with bearish statements by its CEO Elon Musk, have done little to shake the certain...
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Microsoft Named 2020's Most Conscious Brand, Beating Pfizer, Google and Amazon Technology giant Microsoft topped a poll of the 100 most Conscious Brands of 2020. In a year where brands have been encouraged to offer more empathy as the Covid-19 pandemic gripped the world, Microsoft topped the global...
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Elon Musk says bitcoin isn't decentralized as he goes to war with crypto bulls Tesla CEO Elon Musk trolled crypto bulls on Twitter after they attacked him for suspending bitcoin payments for Teslas for environmental reasons.
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Billionaire Mark Cuban says he holds 3,250 dogecoin that he bought with his son - and earns added inflows from Dallas Mavericks sales The "Shark Tank" host said since dogecoin is mined on a fixed schedule, it could grow to become a feasible payment mechanism.
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62% of Consumers Say Their Drinking Habits Have Recently Changed As we head into summer, there's been a lot of discussion around which drink will define the season. After two explosive years of growth, will hard seltzer continue its domination? Or will ranch water, the darling of West...
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Anycart, Dubbed The Expedia For Online Grocery Shopping, Disrupts The $100 Billion E-Grocery Category While the average markup between e-commerce and in-store grocery shopping hovers around 30%, there is no price markup on Anycart.
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Netanyahu said the attacks would continue at "full-force" and that "we'll do whatever it takes to restore order and quiet."
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Microsoft Corp. board members decided that Bill Gates needed to step down from its board in 2020 as they pursued an investigation into the billionaire's prior romantic relationship with a female Microsoft employee that w...
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AT&T-Discovery deal would create a media juggernaut

Chicago Tribune - 17 May 2021 02:26
AT&T-Discovery deal would create a media juggernaut The parties could announce a deal as soon as Monday.
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Banking System Uses Significantly More Energy Than Bitcoin, Research Shows A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System...
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Brands Must Reflect on the Moment as They Navigate Post-Pandemic Advertising All in it together. Uncertain times. A reminder of what really matters. Sentiments like these, somber yet urgent, became marketing mantras that defined brands' responses to the Covid-19 pandemic. But despite how quickly ...
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