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Business News

Location American Business News for 15 August 2021
Elon Musk and Mark Cuban See Dogecoin as the 'Strongest' Cryptocurrency for Payments Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the “strongest” cryptocurrency when it comes to using it as a means of payment. To promote the use of dogecoin further, the NBA team Dallas Mavericks...
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The US is now selling as much stuff as in 2019 with 6 million fewer workers. From here, companies can choose to do more with less, or more with more.
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'Wolf of All Streets' Trader Expects Bitcoin to Surpass $100K Within 6 to 12 Months Crypto trader and investor Scott Melker, also known as “The Wolf of All Streets,” expects the price of bitcoin to hit new all-time highs by the end of the year. “I would not be surprised at all to see bitcoin tradi...
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Bullish Ethereum traders can place risk-averse bets with this options strategy Traders who believe ETH will reach $5,000 can use this low-risk options strategy to cast a long bullish bet.
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Huawei accused in suit of installing data 'back door' in Pakistan project Small U.S. software maker alleges Chinese telecom giant sought live access to data in Pakistan; Huawei denies claim
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Intel CEO pitches pricey chip plants to officials at home and abroad U.S. semiconductor maker's appeal for subsidies plays on national security fears during chip shortage; 'Never let a good crisis go to waste'
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Banpu To Buy Texas Power Plant For $430 Million As Thai Energy Firm Steps Up Green Investments Banpu--controlled by billionaire Isara Vongkusolkit--has agreed to buy a combined cycle gas-fired power plant for $430 million in Texas.
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Nascar Driver Parker Kligerman Is In Some 'Fast' Company Parker Kligerman is many things: A pit reporter, TV analyst and he's active on social media. But he's also a part time racer, and recently scored fans a bargain, a $1 hoodie. It was a promotion that went viral and brough...
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This CEO moved his company to a 4-day week. He struggled to stop working all 5 days. In June, UK legal firm Arken switched to a 4-day work week. Productivity and wellbeing improved, but its CEO told Insider there were challenges.
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Democrats want to give families affordable child care, free pre-K, and more direct payments. It would transform their relationship with government.
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SpaceX founder Elon Musk said his company's lunar lander is expected to be ready before 2024, marking the billionaire's latest upbeat prediction.
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China's Corporate Crackdown Adds to Junk-Bond Distress

Wall Street Journal - 15 Aug 2021 11:30
The government's campaign to reduce debt in sectors such as real estate has put many developers in a tight spot, sending high-yield bond prices tumbling.
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Restaurants Become the New Vaccine Enforcers

Wall Street Journal - 15 Aug 2021 11:30
Restaurants Become the New Vaccine Enforcers Dining out in some places now requires proof of Covid-19 vaccination, putting workers in tough spots, but some owners say they will do whatever it takes to avoid another shutdown.
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New Leases On Life: Malls Converting To Fulfillment Centers, Other Non-Retail Uses What does the mall of the future look like? A lot different than what you might expect.
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A Healing Labor Market And Calming Inflation - What's Not To Like? How About Slowing Growth... There has been some positive movement in the labor markets. Inflation continues to be "transitory," with most of the spike due to base effect; the Delta variant appears to be lengthening the "transitory" period. Rent inc...
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Hyatt Plans to Buy Apple Leisure Group From KKR and KSL Capital for $2.7 Billion The transaction is the latest sign of optimism about a return to vacation travel even as the U.S. economy continues to grapple with the coronavirus pandemic.
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Central Bank of Iran Should Regulate Cryptocurrencies, Securities Watchdog Says With bitcoin mining being a regulated activity in Iran, the head of the country’s securities and exchange regulator believes the central bank has to turn its attention to cryptocurrencies. The regulator is ready to con...
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NIH Director Condemns ‘Politics And Polarization’ Of School Mask Mandate Bans NIH director Dr. Francis Collins on Sunday took aim at mask mandate bans in schools as the Delta variant prompts upticks in COVID-19 cases throughout the country.
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How to improve COVID-19 supply chain cybersecurity

Venture Beat - 15 Aug 2021 23:20
Headlines warn about attempts to exploit gaps in key pharma supply chain cybersecurity. Here's how CISOs can respond.
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Company insiders and professional investors are buying shares of Alibaba, Chegg and Activision Blizzard, among others.
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Enjin Coin: All About Fake Swords, Fake Real Estate, And NFTs Near Future If you believe the Metaverse is going to be huge, and that the NFT market has a future, then Enjin coin is worth a look.
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The Kansas City Chiefs Show A Newfound Emphasis On The Running Game Clyde Edwards-Helaire was featured early against the San Francisco 49ers while running behind the overhauled offensive line.
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