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Business News

Location American Business News for 1 August 2021
Business leaders have immense power over space travel but there's a risk they won't make ethical decisions for the rest of us, say experts Prominent business figures are making space travel a priority - but giving them the keys to space is problematic, according to industry experts
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Succession Drama Grips Scholastic: CEO's Sudden Death, an Office Romance and a Surprise Will Richard Robinson stunned his family by bequeathing his controlling stake in the 'Harry Potter' publisher to senior executive Iole Lucchese.
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The University of Southern Mississippi is paying tuition and housing for some vaccinated students to encourage them to get the shot Mississippi has one of the country's lowest vaccination rates and is experiencing a COVID-19 surge that's putting ICUs near capacity.
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Extending DACA's Protection Creates Jobs And Tax Revenue For The U.S. Economy Without legal status, these nearly two million young people who entered the country illegally in the last twenty-three years cannot be legally employed, obtain a drivers' license, or access most government benefits.
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Why You Should Keep Your Eyes On Silver's Trading Range Though silver has been a sleeper lately, an analysis of the technicals shows that silver may actually be gearing up for a sharp move in one direction or another.
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Trump is owed a $1 million tax refund for his Chicago skyscraper but local officials are trying to block it An Illinois tax agency ruled the building was over-assessed in 2011. The refund would come out of property taxes owed the the city and other agencies.
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PepsiCo Supports Black-Owned Restaurants With A New $10 Million Grant Program The initiative to boost Black food businesses forms part of a recent $400 million pledge to improve African-American communities
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Box Office: 'Conjuring' Universe Tops $2B As 'Peter Rabbit 2' Crosses $150M And 'Croods 2' Passes $200M Walt Disney's Black Widow, which now even Scarlett Johansson seems to think was a box office miss, earned another $6.426 million (-45%) in weekend four for a $167.066 million 24-day total.
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'Jungle Cruise' Nabs Soft $62M At Worldwide Box Office Along With $30M Via Disney+ 'Jungle Cruise's $34 million domestic debut is right in line with 'Rampage' and 'Jumanji: Welcome to the Jungle,' but it's no ninth wonder of the world.
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'I think I snookered myself. Please help.'
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Volkswagen Needs Mass Market Brands To Perform; Europcar Plan Questioned Volkswagen raised its profit outlook again and will try and buy Europcar, but some investors soon turned sour on the business outlook which relied on premium brand success, while others wondered about the acquisition. Ch...
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Twitter's algorithm was found to be cropping out Black faces and focusing on white ones in photos. The company is asking users to help solve the issue.
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Steve Jobs' yacht designer has created the world's first private luxury train that could cost more than $300 million - see inside French designer Thierry Gaugain has made megayachts and private planes. Now, he's created a "palace on rails": the glass-encased G Train.
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Welcome to the hi-flex economy, where everything's optional The "genie is out of the bottle," as work, play, and life all look different after the pandemic. Flexibility will define the economy of the 2020s.
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The stock market's biggest driver of gains is on pace for its fastest growth since 2009 With more than half of the S&P 500 already reporting second-quarter earnings, the blended earnings growth rate stands at 85%.
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Instead of fighting over student debt forgiveness, politicians should focus on an even easier solution that could transform the student loan crisis Lawmakers should focus on existing laws that could solve the student debt crisis, instead of doing blanket debt forgiveness.
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Multi-Billion Dollar Hedge Fund Goldentree Is Reportedly Adding Bitcoin to Its Balance Sheet The hedge fund Goldentree, a firm with $41 billion in assets under management (AUM) has reportedly added the leading crypto asset bitcoin to its balance sheet. Unnamed sources detail that the American asset management fi...
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Samsung Takes Intel's Chip-Seller Crown, but Bigger Showdown Looms Intel, knocked off its perch as the biggest-revenue chip maker by Samsung, is looking to battle its South Korean rival in one of the business world's costliest endeavors: contract manufacturing of the most-advanced chips...
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Want To Fix Financial Literacy? Focus on Billionaires & Politicians Agata Soroko, PhD Candidate, Faculty of Education, L'Université d'Ottawa/University of Ottawa. ______ Shortly after the COVID-19 pandemic threw the global economy into a crisis in March 2020, I wrote an essay expressing...
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Investors Are Betting Price Pressures Will Ease

Wall Street Journal - 1 Aug 2021 11:33
Inflation has vexed money managers this year, yet markets are starting to signal that investors may be growing less fearful of price trends.
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2 major San Francisco hospitals reported that 233 staff members tested positive for COVID-19 Hospital officials said the vast majority of those staff members were vaccinated and most were cases of the highly contagious Delta variant.
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New Data: Who Is Creating Million-Dollar, One-Person Businesses? One of the most exciting trends in the small business world is the growth of million-dollar, one-person businesses. Now there's more data available showing who is building them--and women and minority-owned firms are wel...
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