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Business News

Location American Business News for 17 June 2021
Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflat...
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Restaurant chain CEO ignores owner Leon Black's link to Jeffrey Epstein in memo Leon Black happens to be the owner of both family-dining chains through his investment firm, Elysium Management.
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General Motors CEO: 'Nothing Precludes GM From Accepting Bitcoin if There's Consumer Demand' The CEO of General Motors (GM), America’s largest automaker, says that nothing precludes her company from accepting bitcoin if there is consumer demand for it. “Certainly, we want to make the whole buying and ownersh...
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SEC Seeks Commentary From 'Interested' Individuals on Vaneck Bitcoin ETF The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published o...
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Fans Are Your Brand's Greatest Asset If You Can Spark an Emotional Connection Editor's note: This piece is part of our Columnist Network series, which explores the tactical thoughts and actions from Adweek's community of high-level experts. Today, Christina Wootton of Roblox describes the success ...
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Graph database startup Neo4j raised $320 million at an over $2 billion valuation, highlighting the value of graph databases.
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Exclusive: In The Know Signs Elaine Welteroth As Consulting Editor-At-Large, Launches Digital Covers Starring Mj Rodriguez And Chella Man Today marks a celebration on two fronts: the announcement of Welteroth on the In The Know team and the reveal of its June cover: award-winning actress and musician Mj Rodriguez and artist, author and activist Chella Man.
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With a New Shoe and Creative Overhaul, Toms Is Chasing After Gen Z If you are a millennial that spends any time on TikTok, you may have been told by a Gen-Zer to ditch the deep side part, replace your skinny jeans with straight-leg denim and get rid of any T-shirt that says, "But First,...
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NYC lags behind other US cities in getting workers to return to offices The Big Apple is lagging other cities around the country in getting staffers to ditch working-from-home and return to the office, according to a new report.
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Bubble Stocks Like Tesla Have Deflated Just Like 2000

Wall Street Journal - 17 Jun 2021 13:10
Fashionable areas of clean energy, electric cars, cannabis stocks and SPACs have dropped sharply this year, in an echo of the dot-com era
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There's one group of borrowers that can count themselves as 'lucky' during periods of inflation.
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Billionaire Richard Li's FWD Files For $3 Billion IPO In U.S. FWD, the Asian insurer backed by Hong Kong billionaire Richard Li, has filed confidentially for an initial public offering in the U.S.
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How To Build Your Business Around Your Life

Forbes - 17 Jun 2021 04:25
How To Build Your Business Around Your Life It's possible to have a life that you love, with a business that you love, and for the two to fit together like perfect puzzle pieces. Whether you're considering the next step post-retirement, or hoping to launch your fi...
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Head of South Korean Opposition Party Admits Crypto Trading Experience Lee Jun-seok. Another major political leader has come out as a crypto enthusiast - as the new leader of the biggest South Korean opposition party has admitted to trading tokens "for fun." Lee Jun-seok, aged just 36, stun...
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Television prices likely to rise 3-4% in June: Industry players It will be the second hike by the manufacturers in the last three months.In April, the prices were hiked due to a rise in operating cost on account of increased ocean freight charges, and domestic transportation costs
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The aftermath of a ransomware attack is costly, with 65% of organizations hit by an attack reporting revenue loss, Cybereason said.
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Condé Nast Agrees to Contract With New Yorker Union, Averting Strike The media company's first-ever labor deal comes after 2½ years of negotiations and covers employees at Ars Technica and Pitchfork.
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A Simple Plan For 100% Dividend Growth

Forbes - 17 Jun 2021 01:10
A Simple Plan For 100% Dividend Growth In a levitating market like today's, we dividend investors absolutely must have a portfolio that does three things...
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Report: There are toxic chemicals in more than half of makeup brands And almost none are listed on ingredient labels. The trick to identifying these products? Many are advertised as ‘long-lasting’ or ‘wear-resistant.’ Have you ever noticed that women who slather on foundation day ...
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Apple, Google award millions in grants to historically Black colleges and universities Apple and Google award millions in grants to several historically Black colleges and universities as the federal Juneteenth holiday approaches.      
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Nielsen to Release Monthly Snapshot of Total TV Time Nielsen's ongoing quest to measure the fast-changing television landscape will now include a monthly snapshot into how consumers around the country are spending their TV screen time. A new monthly graphic, which Nielsen ...
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The High Cost of Biden's Meeting with Putin

The New Yorker - 17 Jun 2021 23:55
To Biden, illusions are a hazard in foreign policy; to Putin, they are its currency.
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