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Business News

Location American Business News for 14 July 2021
GoPro Stock Looks Ready To Bounce Off Bullish Trendline The shares of GoPro (GPRO) have experienced some volatility on the charts over the past few months, but now look poised to surge closer to their March peak.
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What Amazon, Disney, Walgreens and others won't tell you about the diversity of their workers A record 54 corporations including Target and CVS opened up about employment diversity. But others, including FedEx, Exxon and Walgreens, refused.      
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Untangling Arizona Gov. Doug Ducey's complex network of interests Top officials at the Revenue Department resisted refund requests. They say the governor's office fired them because of their unwillingness to bend.      
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To Keep Kids Away From Parents' Cookies, Oreo Thins Put Other Brands' Logos on Package We all know the feeling: reaching for a secret stash of sweets after a particularly stressful day, only to find that it's been discovered, the treats demolished, thanks to some thieving roommate, sibling, parent or kid. ...
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Canada to back Pratt & Whitney turboprop hybrid engine technology: Report The unspecified "co-investment" toward a demonstration flight of the hybrid engine for regional turboprops is part of a wider announcement for aerospace expected on Thursday.It would be Canada's latest support for the lo...
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Parents are gearing up to spend big on back-to-school stuff, boosted by pandemic savings and the new child tax credit payments Boosted by the new child tax credit starting this week, back-to-school spending is projected to be higher, and start earlier, than in previous years.
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4A's, Reset Digital Launch Diversity-Focused Programmatic Platform The American Association of Advertising Agencies (4A's) is joining forces with Reset Digital, a platform specializing in neurocognitive marketing technology, to launch Universal Inclusion, a programmatic platform designe...
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How CEOs Think the Covid Crisis Will Shape Flying

Wall Street Journal - 14 Jul 2021 15:00
How CEOs Think the Covid Crisis Will Shape Flying American Airlines CEO Doug Parker and Southwest Airlines CEO Gary Kelly have steered their companies through the pandemic. Here's what they say travelers should expect next.
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Depleted Global Fish Stocks May Get Boost From WTO

Wall Street Journal - 14 Jul 2021 14:00
Depleted Global Fish Stocks May Get Boost From WTO World Trade Organization members are working to wrap up negotiations that could stabilize wild fish populations--and help new Director-General Ngozi Okonjo-Iweala restore the WTO's credibility.
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California Men Plead Guilty In $1.3 Billion Ponzi Scheme About 9,000 investors were impacted in one of the largest Ponzi schemes ever based out of south Florida.
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At least nine firms eye taking over power distribution business in Puducherry Italy's Enel Group, Adani Group, Torrent Power, Greenko, ReNew Power, Sterlite Power, and NTPC are interested in taking over the electricity distribution functions of Puducherry
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Billionaire investor Mario Gabelli slams stock promoters, touts batteries, and discusses his Berkshire Hathaway bet in a new interview. Here are the 14 best quotes The Gamco Investors chief also questioned SPACs, reflected on missing Netflix, and encouraged young people to save, invest, and outwork their peers.
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General Mills' Snack Brand Event Aims to Blur Physical and Virtual World for Creators Ahead of the Olympic Games in Tokyo, General Mills snack bar brand Nature Valley has started to support outdoor sports. It is attempting to blur the physical and digital world using augmented reality. A pan-European part...
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Delta Reports First Profit Since Pandemic Began

Wall Street Journal - 14 Jul 2021 15:35
Delta Reports First Profit Since Pandemic Began The airline said U.S. vacation travel has fully recovered as it reported a second-quarter profit of $652 million, breaking a five-quarter streak of losses.
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While Citi topped expectations for revenue, the figure declined 12% from a year earlier.
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Spike Lee Declares 'Old Money Out' in a Star-Studded Short Film for Coin Cloud Spike Lee has examined racial and financial inequality throughout his film career. Now, he's bringing the same insight to conversations regarding the future of digital currency. Lee directs and stars in "The Currency of ...
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CI&T Study: To Create Lean and Mean Demand Forecasts, Move to Real-Time Data Sharing Toilet paper. Hand sanitizer. Cleaning products. What do these products all have in common? They were in high demand during the pandemic -- and they were virtually impossible to find. The extreme, rapid shifts in consume...
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How the E.U. Plan to Cut Emissions Will Affect Businesses

The New York Times - 14 Jul 2021 14:56
How the E.U. Plan to Cut Emissions Will Affect Businesses The far-reaching plan to reduce the trade bloc's carbon footprint includes tougher mandates for automakers, steel makers, airlines, energy producers and other industries.
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What Is This Uniswap Governance Drama About?

Crypto News - 14 Jul 2021 14:39
What Is This Uniswap Governance Drama About? The Uniswap logo. Major decentralized exchange (DEX) Uniswap (UNI) has been swept into a controversial story since yesterday, as a decentralized finance (DeFi) education-focused fund abruptly sold off half of the assets ...
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Inflation Will Likely Remain High in Coming Months, Says Fed Chair Powell Price gains are up "notably," the Federal Reserve chair will tell House lawmakers, but that owes partly to temporary factors.
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7 Biggest Traps That Ecommerce Platforms Don't Tell Retailers

Retail Touch Points - 14 Jul 2021 14:12
7 Biggest Traps That Ecommerce Platforms Don't Tell Retailers The pandemic has taken the entire ecommerce sector to unprecedented heights, and this trend will only continue. The reality today is that businesses need to be online to maximize their profits; the FOMO (fear of missing ...
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How Biden's Executive Order Could Reshape Rail and Ocean Shipping The Biden administration says the relatively small number of major players in the ocean-shipping trade and the U.S. freight-rail business has enabled companies to charge unreasonable fees.
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