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Business News

Location American Business News for 22 May 2021
PPF account in name of your child: Contribution, income tax rules explained The annual deposit limit of Rs. 1.50 lakh is applicable whether you wish to claim the benefit under Section 80C or not for contribution made to the PPF account of your child
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These green tech companies are planning to capitalize on President Biden's infrastructure plan - here's how Virgin Hyperloop has been building faster, cleaner, and more energy-efficient trains since 2014, and Biden's plan could put the trains across the US.
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Bitcoin Bull Mike Novogratz Insists 'Crypto Revolution Has Happened' Despite Falling Prices, liquidation Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current ...
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Green Finance Goes Mainstream, Lining Up Trillions Behind Global Energy Transition After years of intermittent excitement and fizzled expectations, environmental-oriented investing is no longer just a niche interest. "We've reached the tipping point and beyond," said one power-company executive.
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Britain's photo ID system undermines the democracy it is trying to preserve The Queen has announced that UK citizens will need photo ID to vote. This law will end up hurting low-income, marginalized voters.
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Barry Diller calls Apple's App Store fees 'disgusting'

New York Post - 22 May 2021 00:19
Barry Diller calls Apple's App Store fees 'disgusting' Media mogul Barry Diller ripped Apple over the fees it charges companies that have apps in iPhone maker’s App Store. “[Our apps are] overcharged in a disgusting manner,” the chairman of IAC and Expedia said in an i...
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Antisemitic hate crimes grew in the US and Europe over the past few weeks amid tensions in Palestine and Israel Between May 7 and May 14, more than 17,000 tweets could be found that used variations of the phrase, "Hitler was right," the ADL found.
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France Rejects Russian Request to Extradite BTC-e Operator Alexander Vinnik Judicial authorities in France have refused to grant the extradition request filed by Russia for Alexander Vinnik. According to the Russian Ombudsman, Vinnik is now ready to start a new hunger strike despite his health d...
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India's Covid-19 Crisis Tests the World's Back Offices

Wall Street Journal - 22 May 2021 06:00
India's Covid-19 Crisis Tests the World's Back Offices The country's IT giants are trying to provide vaccines and medical treatment for millions of staff without letting their work slip. "What we're going through right now has no management or operational playbook."
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White House Cuts Infrastructure Price Tag to $1.7 Trillion in Counteroffer to GOP The new plan lowering the cost of President Biden's package from the original $2.3 trillion falls flat with Republicans.
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Survivors of domestic violence call on the IRS to recognize financial abuse and help them combat it Domestic violence survivors have endured exacerbated states of financial abuse during the pandemic, with abusers pocketing stimulus checks and potentially child tax credits.
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CBOE Volatility Index (VIX) - Definition & Uses as a Market Fear Gauge Many traders know the Chicago Board Options Exchange Volatility Index by its more common name, the VIX. Understanding the market's so-called "fear gauge" can give you insights into the direction of the market and the sta...
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7 Questions About Biden's Plan For Student Loan Cancellation Will your student loans get cancelled?
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My wife is a homemaker and invests in stock market. How gains will be taxed? In case the investments were made out of money gifted by you, the income earned by her shall be clubbed with your income.The clubbing provisions will not apply in respect of income earned on the income already clubbed on...
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AMC's Largest Shareholder Wanda Group Pares Down Stake

Wall Street Journal - 22 May 2021 02:40
AMC's Largest Shareholder Wanda Group Pares Down Stake The Chinese company sold 30.4 million shares between May 13 through May 18 for roughly $426.9 million.
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Artist Cody Choi 'Satirizes' NFT Art 'Mess' with ETH 70,000 Price Tag A leading Asian digital artist named Cody Choi has slapped a 70,000 ethereum (ETH) price tag on a digital artwork being made available as a non-fungible token (NFT) in a move aimed to point out the idiosyncrasies of the ...
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Despite massive growth in no-code tools, only 18% of people are familiar with the no-code concept, said Formstack. While using no-code tools.
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Covid Vaccination Campaign Off To Strong Start Among Young Teens, With Almost 2 Million Getting Jab Over 12% of Americans ages 12 to 15 have received at least one vaccine shot.
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Daily Covid Cases In U.S. Drop To Less Than 30,000 While Pandemic Worsens In Latin America India's infection rate has been falling, but health officials fear a third wave among vaccine shortages.
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Inside Jagger Eaton's Quest To Become World's Only Skateboarder To Compete In Park And Street At Olympics Team USA's Jagger Eaton is the only skateboarder in the world who has a legitimate shot of competing in both park and street skateboarding when the sport makes its Olympic debut at the Tokyo Games this summer.
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Chinese fund managers grappling with mountains of trade data and a long list of publicly-traded stock rely on AI and ML to boost efficiency.
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In 2010, the population of the Mountain State stood at 1.85 million, but by 2020, that number had declined to 1.79 million people, per the US Census.
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