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Business News

Location American Business News for 13 August 2021
Shares of ContextLogic Inc fell 20% late Wednesday after the parent of e-commerce site Wish said demand for its products slowed, fewer users and active buyers used it, and costs rose more than it had expected.
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C.E.O.s Play Follow the Leader

The New York Times - 13 Aug 2021 14:01
C.E.O.s Play Follow the Leader On vaccine mandates, there is safety in numbers.
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Why Gold Bugs, Bond Bears and Amazon Skeptics Think Alike

Wall Street Journal - 13 Aug 2021 16:00
Investors often prefer to stick their heads in the sand rather than confront the evidence in front of them.
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Unlocking The Secrets On How Elite Cricketers Are Made Acclaimed book The Best: How Elite Athletes Are Made has found numerous reasons why great cricketers get to the top and stay there.
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Dow, S&P 500 End Week At New Record Highs--But This Potentially 'Painful' Risk Could Spark A 15% Crash Rising interest rates pose the market's biggest risk, Bank of America analysts say.
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These People Who Work From Home Have a Secret: They Have Two Jobs When the pandemic freed employees from having to report to the office, some saw an opportunity to double their salary on the sly. Why be good at one job, they thought, when they could be mediocre at two?
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Israel is rolling out booster shots for everyone over 50 amid a surge in Delta variant cases Israel's already given boosters to more than 650,000 over-60s. Now it's rolling it out to over-50s, health workers, prisoners, and more.
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United, Frontier, Hawaiian require employees to get vaccinated. Will passengers care? United, Frontier and Hawaiian airlines now require employees be vaccinated. Will others follow? And will passengers care?
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New ATM rule: Will move to penalise banks ensure cash in ATMs? New ATM rule: The newly launched initiative under the 'Scheme of Penalty for non-replenishment of ATMs', will come into effect from 1 October
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CEO Of Black Tree TV Talks The Laundry List On Inequities In The Media Industry Today Finkley shared how there is still a disproportionate amount of media opportunities given to white news outlets in comparison to those given to Black news platforms, how Black news outlets are still being placed at the en...
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Ethereum price drops below $3K, but ETH options data reflects optimism $430 million in ETH options expire on Friday and derivatives data shows that bulls are in control and planning to push prices higher in the short term.
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Whiplash for the Concert Business as the Delta Variant Rages On Some tours and festivals are canceling, but others are forging ahead. As Covid-19 cases rise in the United States, artists weigh the risks and benefits of getting back on the road.
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The Cutthroat World of $10 Ice Cream

The New York Times - 13 Aug 2021 18:56
The Cutthroat World of $10 Ice Cream Small scoop shops fueled the innovation that made frozen treats a hot market. What happens to indie favorites in the golden age of the freezer aisle?
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How to Bridge the Communications Gap in a Hybrid Office

Wall Street Journal - 13 Aug 2021 16:00
How to Bridge the Communications Gap in a Hybrid Office Too often, remote and in-office employees aren't even speaking the same language.
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Tech firm Cisco brands Chicago 'midwest hub' as it sets up shop in Old Post Office Technology firm Cisco Systems is moving its regional offices in Rosemont to downtown Chicago where the city will serve as the company's Midwest "hub," officials tell the Tribune. For years now the San Francisco-based fir...
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Japanese Software Testing Engineer Becomes Billionaire After Acquisition Spree Masaru Tange, president and CEO of Tokyo-based Shift, has joined the ranks of world's billionaires after shares of his software testing company surged 88% over the past year.
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Gold futures on Friday were heading higher, but may still post a slight weekly loss.
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KFC said Wednesday that some items were unavailable in the UK, without naming any, and that packaging "might look a little different to normal."
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Our call of the day says big technology will be the canary in the coalmine telling us whether the S&P 500 is due to correct.
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New York state-based wedding planner Magdalena Mieczkowska told the NYT that vendors were charging more to recoup losses from 2020.
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Biden's Plan To Outsource The U.S. Oil And Gas Industry The Biden administration is asking OPEC and Russia to bring more oil to market while strangling American energy producers who could do the same.
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US stock futures waver after upbeat earnings and fresh record highs, as demand outlook weighs on oil Disney's upbeat earnings round out a season that has lifted stocks, while Delta variant-related cuts to demand outlooks weigh on oil futures.
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