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Business News

Location American Business News for 24 July 2021
Can The U.S. Provide 'Over-The-Horizon' Air Support For Afghanistan? It's unclear how the U.S. can, or if it even will, continue providing such air support, which could prove crucial in giving the Afghan government a decisive edge over the rampaging Taliban militants.
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How much Twitch pays employees in the US in 2021

Business Insider - 24 Jul 2021 14:40
How much Twitch pays employees in the US in 2021 Data reveals 2021 salaries at Twitch, including engineering, business intelligence, and other roles at the Amazon-owned livestreaming company.
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The Boss Wants You Back in the Office. Like, Now.

Wall Street Journal - 24 Jul 2021 06:00
The Boss Wants You Back in the Office. Like, Now. Companies are starting to summon workers back, though many employees have said they prefer more flexible office schedules. "We can't be a great company working remotely."
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How drag queen Shea Couleé is pushing her brand from soap and beer to (hopefully) Marvel Since winning ‘RuPaul’s Drag Race: All-Stars,’ Shea Couleé has had a newfound confidence that’s pushing her artistry and brand in unexpected directions. It’s been a year since Shea Couleé was crowned the winn...
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64% of Adults from 10 Different Countries Would Use a Central Bank Digital Currency: Report As central bank digital currencies (CBDCs) advance in testing, a number of countries have taken the lead in an effort to create a CBDC. The enterprise blockchain firm Guardtime recently conducted a survey that shows adul...
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Uber Technologies Inc. acknowledged Friday it had been showing drivers lower fares than what riders actually paid, and promised to change the practice while saying it was all due to the new California law the company spe...
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The week the Delta variant threatened the economy

Business Insider - 24 Jul 2021 14:50
The week the Delta variant threatened the economy The highly contagious Delta variant of the coronavirus now makes up the majority of US Covid cases. It sent markets plunging this week.
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The US economy's boom is far from over - even with the Delta surge The Federal Reserve, the strength of the vaccines, and consumers flush with cash should keep the US economy chugging along.
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Singapore's PropertyGuru To List Via $1.8 Billion Deal With SPAC Backed By Billionaires Richard Li, Peter Thiel PropertyGuru agreed to merge with Nasdaq-listed Bridgetown 2 Holdings--a blank-check company controlled by billionaires Richard Li and Peter Thiel--as the Singapore-based online real estate marketplace seeks to tap boomi...
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NASA is giving SpaceX $178 million to launch its mission to a Jupiter moon that could harbor alien life Europa could hold aquatic alien life in a vast underground ocean. NASA has finally set a date with SpaceX to launch a spacecraft there to find out.
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Bitcoin trading volumes have plunged to their lowest levels this year. This chart shows how steep the drop has been. One chart shows bitcoin trading volumes remain remarkably low, with the weekly average hitting about $3 billion.
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Warren Buffett won't be following Jeff Bezos and Richard Branson into space - he ruled out a rocket trip 25 years ago Buffett once used a spaceship analogy to explain the challenge of global population growth, and joked about insuring Elon Musk's mission to Mars.
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From Tuk Tuk races in Thailand to snowboarding in Iceland, a CEO who plans corporate retreats says many firms are ditching offices for team-bonding trips Many companies are abandoning their office space in favour of memorable corporate retreats to help employees bond as pandemic restrictions ease.
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Ex-Blizzard president Mike Morhaime issued an apology to the women of Blizzard who have suffered alleged sexual discrimination
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Biden asked both the Education and Justice Depts. to review his ability to cancel $50,000 in student debt per person months ago. There's no update.
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After Barclays and Santander, UK Bank Natwest Blocks Payments to Binance A major high street bank in the U.K., Natwest, has blocked payments to crypto exchange Binance. Natwest’s decision came after two other major British banks — Barclays and Santander — made a similar move to block fu...
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Chicago Casino Would Be Costly, Gambling Operators Say

Wall Street Journal - 24 Jul 2021 14:00
Chicago Casino Would Be Costly, Gambling Operators Say Chicago is hoping a megacasino will aid its underfunded pensions but such projects face high costs and potential for political and zoning issues.
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Elon Musk Should Listen to Cathie Wood on Bitcoin

Crypto News - 24 Jul 2021 13:00
Elon Musk Should Listen to Cathie Wood on Bitcoin Elon Musk. Source: A video screenshot, Youtube, Bloomberg. Part of what many observers expected to see during Wednesday's Bitcoin (BTC) discussion featuring Ark Invest CEO Cathie Wood, Tesla and SpaceX CEO Elon Musk, and...
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The pandemic strained on Formlabs' product team, but Ian Ferguson saw the shift as an opportunity to improve processes and foster innovation
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JPMorgan OKs crypto for rich - Ackman axes SPAC deal - Deal toy gold rush Bill Ackman pulled the plug on a complex deal for his huge SPAC; JPM is opening up crypto funds to wealth clients who want them; UBS raises IB pay.
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Social-Media Manager, the Most Millennial Job, Comes of Age

Wall Street Journal - 24 Jul 2021 11:30
Social-Media Manager, the Most Millennial Job, Comes of Age Some social-media veterans have been doing their jobs for 15 years at this point, giving unprecedented sway to work once reserved for interns.
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Chinese Miners Pivot to Alternative Currencies to Keep Operating The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. Lesser-known...
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