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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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UK tech titan backs Wise decision on dual-class shares Britain's most prominent institutional investor in the world's biggest technology companies has endorsed a decision by the founders of Wise, the fintech app, to pursue a public listing which will give them super-sized vo...
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TikTok Owner Bytedance Reportedly Raked In $34.3 Billion In Revenue Last Year The company is reportedly planning to go public with a listing in either Hong Kong or New York.
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A shrinking proportion of buyers see it as a gamble, but the regulator warns they could lose the lot.
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Scotch whisky makers toast five-year suspension of US tariffs UK and US agree to suspend retaliatory tariffs on goods also including cashmere and stilton Whisky makers are raising a glass after the UK and US agreed to suspend retaliatory tariffs on goods including Scottish malts fo...
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The agreement means tariffs on goods, such as Scotch whisky, will remain suspended for five years.
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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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Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimisti...
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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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