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Business News

Location American Business News for 16 August 2021

Next Avenue: Why won't anyone hire this 60-year-old?

Market Watch - 16 Aug 2021 10:59
Has the system of employment search and response has become intrinsically biased toward younger people?
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Lip Gloss Grows on Trees at Glossier's New Flagship Store If Glossier has learned anything from its series of pop-up stunts--which include a campus-themed location in Boston and an escape room in New York--it's that IRL retail is no place for subtlety. Top line The brand unders...
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Managers: Compassion and Accountability Aren't Mutually Exclusive

Harvard Business Review - 16 Aug 2021 14:25
How to be a caring and thoughtful leader while holding your team to high standards.
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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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Japan's Economy Returns to Growth, but Virus Threat Looms

The New York Times - 16 Aug 2021 03:09
Japan's Economy Returns to Growth, but Virus Threat Looms Even as other major economies have roared back to life, Japan's has been stuck in a cycle of growth and contraction.
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5 Dividend Funds Yielding Up To 27.2%

Forbes - 16 Aug 2021 00:50
5 Dividend Funds Yielding Up To 27.2% Double-digit dividends are rare. A sky-high yield of 27.2% is an outright income unicorn.
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Sturgis Motorcycle Rally Draws Throngs as Covid-19 Surges

Wall Street Journal - 16 Aug 2021 14:45
Sturgis Motorcycle Rally Draws Throngs as Covid-19 Surges The pandemic has made the annual Sturgis Motorcycle Rally in South Dakota a flashpoint in a national conflict between individual freedom and collective responsibility.
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NYC's COVID vaccine mandate begins Monday as businesses face new struggles Mayor Bill de Blasio has hailed the so-called "Key to NYC" plan as a crucial measure to reduce the spread of the highly contagious Delta strain.
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PayNearby ties up with RBL Bank, Visa for payment devices PayNearby said it is the first company to launch an all-inclusive digital package for retailers that is form-factor agnostic and provides a wide choice to end consumers
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China And Russia Court Taliban As Western Powers Scramble To Flee Afghanistan A spokesperson for China's foreign ministry said Beijing looks forward to developing a "friendly and cooperative" relationship with the Taliban after it regained the Afghan capital and declared victory.
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Concerns about slowing growth in major economies China and the US were weighing on markets, as investors monitor rising geopolitical tensions around Afghanistan.
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Ether is more popular than Bitcoin in Singapore, new study finds Almost four in five Singaporean crypto holders own Ether, followed by Bitcoin, Cardano and Binance Coin.
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Banks' crypto investments - Wall Street pay frenzy - PNC caters to wealthy The top finance stories for Aug. 16, including the latest on big banks' crypto investments, and Wall Street's continuing pay frenzy.
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Fueled by the Pandemic, Buy Now, Pay Later Is Reaching an Inflection Point As ecommerce reached new heights during the Covid-19 pandemic, so too have a bevy of fast-growing platforms that offer shoppers interest-free ways to delay payments on big-ticket items. While buy now, pay later (BNPL) co...
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800 People, One Jet: Flight Trackers Reveal Heroic, Desperate Effort In Chaotic Afghanistan Evacuation Online flight tracking data reveal a massive airlift underway in a desperate bid to evacuate tens of thousands of expatriates and Afghan allies from Kabul even as Taliban fighters secure their hold on the capital.
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Banks to remain closed for 5 days this week. Check details here Bank holidays this week: You must note down the list of important holidays during which banks will remain closed
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BHP Considers Sale of $15 Billion-Valued Petroleum Business

Wall Street Journal - 16 Aug 2021 03:06
BHP Considers Sale of $15 Billion-Valued Petroleum Business The world's biggest mining company says it is in talks to sell the division to Woodside Petroleum among other options.
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Red Ventures, the Biggest Digital Media Company You've Never Heard Of Red Ventures has turned very specific advice into very big business.
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Pepperdata CEO Ash Munshi says lack of appreciation for data management will lead to disappointing results for enterprise AI.
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Crypto-Friendly Bank Backed by Warren Buffett's Berkshire Hathaway Plans $2 Billion IPO on Nasdaq Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-...
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Law firm expanding into 919 Third Ave. in ginormous deal Defying predictions that everyone will soon work from home — and the reality of a still struggling Manhattan office market — another major tenant has signed a jumbo Midtown lease. Global law firm Mintz, Levin, Cohn, ...
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Amazon's Prime Student membership offers discounts and perks for things that make college life easier, from Grubhub to the Calm app Amazon has a special Prime Student membership that's discounted for college students and includes Grubhub+, Calm, Course Hero, and more.
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