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Business News

Location American Business News for 11 August 2021
CDC Director Rochelle Walensky on winning over vaccine-hesitant people: "Who is that trusted person in their life who could help send that message?"
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You can buy this entire village of 19th-century houses in Maine for $5.5 million - see inside The Tuthill compound includes 9 rental residential units, numerous barns, and a church. The listing agent said the property is not haunted.
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Coinbase jumps 4% after smashing Q2 revenue estimates as trading volumes surge - and as it reveals Elon Musk, Tesla, and SpaceX are clients Quarterly profit was attributed to crypto-asset volatility, with bitcoin and ether declining more than 45% each after hitting all-time highs.
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Inflation eases off in July as the summer's breakneck price increases slow down The Consumer Price Index - a popular measure of US inflation - posted a hefty gain of 0.5% last month, well below June's 0.9% rise in prices.
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Researchers ask FDA to pull more sunscreens over possible carcinogen A group of researchers has called on the Food and Drug Administration to pull certain popular sunscreen brands after they said they've found evidence of a potential cancer-causing chemical.
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Commissioner Criticizes SEC for Taking Enforcement-Centric Approach to Crypto Regulation A commissioner with the U.S. Securities and Exchange Commission (SEC) has criticized the securities watchdog for focusing on enforcement actions in its oversight of the crypto industry. SEC Commissioner Slams Agency for ...
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$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a...
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Masa Son pours money into new fund as Softbank scales back China bets The billionaire investor behind tech companies like WeWork, Alibaba and Doordash plans to invest $2.6 billion of his own money for a 17 percent stake in SoftBank's most recent venture capital play: Vision Fund 2, he said...
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If These 13 States Were Countries They'd Rank Among The Worst Covid Outbreaks In The World 13 of the world's 20 worst outbreaks of Covid-19 are in U.S. states with very low vaccination rates.
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Splash House's Groundbreaking Cannabis Sponsorship Could Hint at the Future of Festivals As many as 60,000 people are expected to flood into Palm Springs over the next two weekends for an upscale dance party called Splash House, where the exclusive cannabis sponsor will be as prominent as the poolside DJ set...
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One Number to Gauge Where the Economy Is Headed

The New York Times - 11 Aug 2021 17:19
One Number to Gauge Where the Economy Is Headed The yield on the 10-year Treasury note is often a reliable indicator of how Wall Street views the prospects of economic growth -- especially when other data points send confusing signals.
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PokeMon Go Captured All Continents, PocMon Will Capture Blockchain Disclaimer: The text below is a press release that was not written by Cryptonews.com. PokeMon Go experienced a viral explosion upon its release in 2016. The game had over 147 million monthly active users by May 2018, ove...
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Thinking about doing a home renovation project? Here are five ways to pay for it Before you get caught up in the excitement of choosing fixtures and picking paint colors for a home renovation, figure out your financing options.      
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Inflation settles at high rate as prices leap 5.4 percent from year ago Inflation continued to surge in July, but appeared to settle close to the fastest pace in almost 13 years as the economy continues to emerge from the pandemic, the feds said Wednesday.
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A 15-year-old describes getting a rare post-COVID illness, starting with a rash and turning into loss of heart and kidney function "My body just wasn't working," 15-year-old Abie Martinez told Insider. He developed MIS-C, a rare illness affecting some kids after getting COVID-19.
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Design Physical and Digital Spaces to Foster Inclusion

Harvard Business Review - 11 Aug 2021 14:05
Thoughtful design can encourage more meaningful interactions.
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Southwest Airlines Expects Delta Variant to Crimp Demand

The New York Times - 11 Aug 2021 14:02
Southwest Airlines Expects Delta Variant to Crimp Demand The company revised its forecast for the quarter, saying it expects revenue to fall as much as 20 percent, as ticket sales slow and cancellations rise.
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Buy-now-pay-later apps: How they work

L.A. Times - 11 Aug 2021 14:00
Buy-now-pay-later apps: How they work Here's a step-by-step look at the increasingly popular payment services.
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AviaGames has raised $40 million to diversify mobile skill-based gaming where players can compete against each other for cash prizes.
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Securities regulators are rethinking rules on popular plans that let corporate executives sell stock without violating insider-trading provisions.
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What Cuomo's Resignation Means for Business

The New York Times - 11 Aug 2021 13:54
What Cuomo's Resignation Means for Business Will a new governor bring new priorities?
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Auto makers are speeding up the trend of making their mass-market vehicles nearly to order, one of the many ways that the pandemic and accompanying supply shortages and increased demand for one's own wheels may have chan...
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