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Business News

Location American Business News for 27 August 2021

How the 'Jeopardy!' Host Succession Plan Went Sideways

Wall Street Journal - 27 Aug 2021 14:00
How the 'Jeopardy!' Host Succession Plan Went Sideways Nine months ago, Sony Pictures Entertainment executives thought they had an ideal successor for "Jeopardy!" host Alex Trebek in former contestant Ken Jennings, people close to the program said.
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Fed Conference Agenda Points to Policy Challenges in 'Uneven Economy' Fed policy makers and outside academics are set to gather online Friday, as the Delta variant of the coronavirus continues to pose uncertainty for the U.S. economy.
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How To Sell AI

Forbes - 27 Aug 2021 19:10
How To Sell AI It's certainly different than selling traditional software.
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Mobile game maker Nexters is going public today through a SPAC in a deal that values the company at an enterprise value of $1.9 billion.
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A Fledgling Natural-Gas Exporter Has Become a Meme Stock

Wall Street Journal - 27 Aug 2021 11:30
A Fledgling Natural-Gas Exporter Has Become a Meme Stock Charif Souki, a pioneer of America's shale-gas shipping industry, is connecting with young, internet-savvy investors who have taken an interest in his fledgling company
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Fox Buys Into Blockchain Future With Eluvio Investment Fox made a strategic investment in Eluvio and said it hopes to make the blockchain technology company a standard bearer in NFTs, streaming video and other uses for Hollywood companies.
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T-Mobile CEO Apologizes for Data Security-Breach

Wall Street Journal - 27 Aug 2021 15:38
T-Mobile CEO Apologizes for Data Security-Breach The second-largest U.S. mobile carrier says it failed to protect customer data and has hired security experts to beef up defenses.
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Bitcoin could hit $30K or $100K this year as analyst warns 'next months are key' Bitcoin price forecasts differ hugely depending on the methodology used, but stock-to-flow creator PlanB favors his $100,000 average target.
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Apple's Shrewd App Store Settlement

The New York Times - 27 Aug 2021 15:22
Apple's Shrewd App Store Settlement The agreement to allow developers to promote payment options outside the App Store may give Apple the upper hand in bigger fights to come.
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Why Would an Economist Ever Look on the Bright Side?

The New York Times - 27 Aug 2021 15:00
Why Would an Economist Ever Look on the Bright Side? For Wall Street, and the dismal science as a whole, trouble is around every corner even as the economy booms.
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Plunged 36%, Why Peloton Stock Has Passed Its Peak As more bad news drips out, too bad shareholders can't replace its CEO as easily as regulators got Peloton to recall its treadmills in May.
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How We Trade And Invest Impacts Our Psychology Sounds trading and investment practices lead to optimal mindsets.
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After A 30% Fall Cassava Stock Is Likely To See Lower Levels The stock price of Cassava Sciences, a clinical stage biotechnology company focused on treatment for Alzheimer's disease, has seen a large 31% decline in a single trading session on Aug 25. SAVA stock has had a volatile ...
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5 Effective Ways To Reinvent Your Business

Forbes - 27 Aug 2021 13:53
5 Effective Ways To Reinvent Your Business If your business is in a rut, perhaps it's time for some creative business reinvention. Here are five ideas for bringing positive change to your company that can lead to renewed growth.
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Apple Set to Let App Developers Alert Users to Alternate Payment Methods The tech giant announced changes to its App Store regulations that will allow software developers to tell customers about other ways to pay for services outside the confines of Apple's ecosystem, part of a proposed settl...
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Apple Settlement Gives App Developers a Way to Avoid Its Commission It also will create a $100 million fund to pay them. A judge's decision in a higher-profile fight with Epic Games, a leading video game maker, is still pending.
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Supreme Court Ends CDC Eviction Moratorium

Forbes - 27 Aug 2021 03:49
Supreme Court Ends CDC Eviction Moratorium The Supreme Court said the CDC doesn't have the power to impose a sweeping ban on evictions.
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Trump left "an unsustainable presence in Afghanistan, a crisis for the Afghan people, and a mess for the Biden-Harris administration," the adviser wrote.
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Tesla Inc. is seeking to sell electricity directly to customers in Texas, according to a new report.
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Southwest to Cut Fall Flights Following Tough Summer

Wall Street Journal - 27 Aug 2021 03:19
Southwest to Cut Fall Flights Following Tough Summer The airline's pilots and flight attendants have said they are overworked and frustrated.
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Spanish Crypto Exchanges to Discover Their Fate by October The Spanish central bank will roll out its new registration process for crypto exchanges operating in the nation by October. Exchanges have been in limbo since April this year, when parliament passed a new law aimed at t...
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Lawmakers winnow bills requiring fixes to California's troubled unemployment agency Legislation to speed up an overhaul of California's unemployment benefits system fizzled Thursday when it was sidelined by lawmakers.
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