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Business News

Location American Business News for 18 July 2021
Chemicals at Splashtown Water Park in Texas Sends 26 to Hospital One person was in critical condition after the victims were exposed to bleach and sulfuric acid, which are used to maintain pH balance, the authorities said.
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The age of databases running real-time analytics is here, says Rockset CEO Venkat Venkataramani, who shares his view in a deep-dive Q&A.
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Millennials are breaking free from their desk jobs and working remotely in places like Mexico - leaving a path of destruction in their wake Expats are moving to some of the world's most remote places. Many don't stick around long enough to reckon with the long-term effects of their lifestyle.
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Wall Street Watchdog Keeps Bitcoin ETFs on Ice

Wall Street Journal - 18 Jul 2021 16:00
So far the industry hasn't been able to persuade the SEC that bitcoin ETFs wouldn't be susceptible to manipulation and fraud.
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Bank of England's Deputy Governor: Cryptocurrencies Aren't Big Enough to Pose Financial Stability Risk Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re ...
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Use This Powerful Indicator To Grab Safe 9.3% Dividends One of the so-called "rules" of income investing is that you can get a high dividend or a sustainable dividend from a stock or fund--but not both.
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Ingersoll Rand Has Made Takeover Bids for SPX Flow

Wall Street Journal - 18 Jul 2021 21:01
Ingersoll Rand Has Made Takeover Bids for SPX Flow The component maker has so far rebuffed Ingersoll's overtures, which included an all-cash offer that valued SPX in the low-$80s a share.
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Lora Webb Nichols created and collected some twenty-four thousand negatives documenting life in her small town.
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Another College Cancels Student Debt

Forbes - 18 Jul 2021 18:55
Another College Cancels Student Debt More student debt cancellation.
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How To Squeeze Yields Up To 6.9% From Blue-Chip Stocks How do I juice meaningful 5% to 6% yields from my favorite blue-chip stocks?
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OPEC Plus Agrees on Oil Production Increase, Ending Dispute With U.A.E. The pact clears the way for the group to pump more oil, helping ease a potential supply squeeze as global economies revive from pandemic lockdowns.
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Airstream's CEO explains why the company has too many applicants even though it doesn't put out job ads amid a hiring spree Like other companies, Airstream has been seeing a boom in Gen Z applicants, primarily people who don't want to go to college.
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Stock Market Records Rest More On Faith Than Corporate Profits

Wall Street Journal - 18 Jul 2021 14:00
Wall Street's expectations for this year's corporate profits are still below where they were a year before the pandemic. Yet the S&P 500 is up 60%.
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In the New China, Didi's Data Becomes a Problem

Wall Street Journal - 18 Jul 2021 13:00
In the New China, Didi's Data Becomes a Problem China's largest ride-hailing company collected personal data, traffic and mapping information--and that has put it on the radar of authorities.
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Ethereum, Solana, Polygon & Co Form A New Hot Market Of Blockchains Blockchains are proliferating almost at the rate of cryptoassets. There are now blockchains for decentralized finance (DeFi), decentralized exchanges, smart contracts, non-fungible tokens (NFTs), video content, for cloud...
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Selling Your Used Car? You Could Turn a Profit.

Wall Street Journal - 18 Jul 2021 13:00
Selling Your Used Car? You Could Turn a Profit. Normally a depreciating asset, some used cars are worth more now than they were new. "It just seems like we're in fantasyland," an auto dealer says.
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The Highest Paid Olympians Of 2021: Going For The Gold Among the thousands of mostly cash-strapped athletes heading to Tokyo are nine professionals who are some of the highest-paid in their sports.
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How a couple from New York make around $3,000 a month from their dumpster diving side hustle Dave and Erin from Buffalo, New York, go dumpster diving at least twice a week and have collected everything from metal scraps to a Prada purse.
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FPIs turn cautious, pull out ₹4,515 cr from Indian equities in July so far With markets trading near all-time high, FPIs would have chosen to book profits. They have also been staying on the sidelines given high valuations and most likely on the back of the risk of a potential third wave of the...
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Record steel prices inject life into long-suffering industry India is set to boost capacity, with top producer JSW Group saying it will reach its goal of more than doubling capacity to 45 million tons before 2030
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Add Booking Holdings Inc. to the list of e-commerce companies betting that a tighter control over the payments process will create a better experience for consumers--and a new revenue stream.
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'All I Can Say Is Sorry': England's Black Soccer Players' Experiences With Racism Dominated Instagram This Week Black players on the England national team have been opening up about their experiences with racism since the Euro 2020 loss.
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