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Location American Business News for 8 June 2021
A $22.5 million Miami Beach penthouse is now the most expensive property to ever be paid for in cryptocurrency The penthouse is one of 16 luxury units in the Arte building, and features four bedrooms, four bathrooms, and a wraparound deck with ocean views.
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The FBI seized $2.3 million after following the ransom money to a bitcoin wallet used by the hackers, for which the agency had a "private key."
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If Cyber Criminals Attack Energy Assets, The U.S. Will Hit Back Hard Energy enterprises are on high alert to protect against cyberattacks and ransomware. What are they doing and how would the Biden administration react if the fight escalates?
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The IRS is sending two batches of letters to families who may be eligible for the advanced Child Tax Credit, which would roll out July 15.      
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Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to...
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One oil company's rocky path to renewable energy

livemint.com - 8 Jun 2021 19:11
One oil company's rocky path to renewable energy Ørsted spent years transitioning away from oil and gas. Now, it is the world's largest developer of offshore wind energy. The pivot holds lessons for major oil producers targeting solar and wind power.
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Investors Fret as Biden Takes Aim at a 100-Year-Old Tax Loophole The administration wants to rein in a tax deferral on gains from the sale of real estate. Opponents worry that the move would stifle investment.
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My Fixation on Time Management Almost Broke Me

Harvard Business Review - 8 Jun 2021 14:25
Lessons from a management and leadership professor on true effectiveness and productivity.
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WWE Raw Results: Winners News And Notes On June 7, 2021 WWE Raw Results with Shayna Baszler on Alexa's Playground.
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What To Look For When Building Our Your Entrepreneurial Dream Team Whether your company is in the beginning stages, or you're working with a full-fledged staff, shared passion is the common denominator in successful businesses. Here's what to look for when adding team members.
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Nestle's Persona Nutrition, repped by Kelly Ripa, sued Nestle’s supplement company Persona Nutrition, which recently tapped talk show host Kelly Ripa as its spokeswoman, is being sued by make-up artist Sona Gasparian for stealing the name of her company — and even her cu...
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Embattled EV startup Lordstown Motors warns it may not have enough cash to start commercial production Lordstown Motors raised $675 million by going public through a reverse merger in late 2020 that valued it at roughly $1.6 billion.
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Former Victoria's Secret head Les Wexner ignored repeated advice about having ties to Jeffrey Epstein, according to an explosive new report "I told Les, 'I wouldn't trust Epstein to cross the street - why are you trusting him with your money?' " one source told Vanity Fair.
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How to prevent the next pandemic before it starts

Fast Company - 8 Jun 2021 13:30
How to prevent the next pandemic before it starts Being prepared for the next pandemic is important—but we should also be focused on stopping it entirely. More than a year after the COVID-19 outbreak was declared a pandemic, and after more than 172 million people have...
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Why your dream job probably doesn't exist

Fast Company - 8 Jun 2021 09:00
Why your dream job probably doesn't exist On the latest episode of ‘Hit the Ground Running,’ we talk about the pressure to ‘live your best life,’ when most of us don’t even know what that looks like. Read Full Story
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The operators of the defunct MoviePass, Inc. settled Monday with Federal Trade Commission to resolve allegations that the company actively tried to block frequent users from using the service as advertised
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Lordstown Motors Warns it Can't Start Production

The New York Times - 8 Jun 2021 23:49
Lordstown Motors Warns it Can't Start Production Lordstown Motors, which bought a shuttered General Motors factory in Ohio, warned that it needs to raise more money and might not survive.
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Nubank Is Now Worth $30 Billion After $750 Million Investment Led By Berkshire Warren Buffett's Berkshire Hathaway is investing $500 million into Brazilian digital bank Nubank, which pushes its valuation to $30 billion, sources say.
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Municipal budgets have been resilient and stock-market returns have been on fire
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Big Wave Surfer Kelly Slater Joins Kona Brewing for the Brand's Longest-Running Campaign Surf legend Kelly Slater joins Kona Brewing Company for a continuation of the brewer's largest ad campaign, "Dear Mainland." The retired athlete appears in three TV ads centering the pairing of Kona's beer with surfing a...
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What's Next For Bitcoin Prices After Their Latest Pullback? Bitcoin prices corrected in the last few days. Where will the world's most prominent cryptocurrency head next?
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Biden Ends Public Show Of Negotiations With Capito President Biden brought the months-long infrastructure negotiations with Sen. Shelley Moore Capito (R-WV) to an end on Tuesday, formalizing the conclusion of talks with the Republican senator that were widely seen to be ...
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