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Business News

Location American Business News for 8 September 2021
On 9/11, Split-Second Decisions by Employees at ICAP Changed Everything Thousands of people working in the World Trade Center on Sept. 11 had moments to decide: Vacate an office or remain? Take a stairwell up or head down? The decisions made by employees at ICAP would affect the rest of thei...
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Petco has focused on expanding into various services and offerings as adoptions and spending soar among young pet parents
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Activist hedge fund Elliott Management Corp. has a more than $1 billion stake in Citrix Systems Inc. and wants the software company to take action to boost its lagging stock price, according to people familiar with the m...
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Sonder Seeks Room in Post-Covid-19 Lodging

Wall Street Journal - 8 Sep 2021 13:00
The startup finds old school hotels antiquated. What if we still prefer them?
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Digital Currencies Pave Way for Deeply Negative Rates

Wall Street Journal - 8 Sep 2021 11:37
If people can't hoard physical money, it becomes much easier to cut interest rates far below zero.
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California settles climate lawsuit with fossil fuel giant SoCalGas The Sempra Energy subsidiary is a powerful opponent of efforts to eliminate natural gas.
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First Day of Bitcoin as Legal Tender: El Salvador Buys the Dip, Country's BTC Stash Grows Bitcoin is now legal tender in El Salvador, and the country’s bitcoin stash has grown to 550 coins. The Salvadoran government started buying the cryptocurrency Monday ahead of the Bitcoin Law taking effect. On Tuesday,...
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Three reasons why Quant's price has rallied 200% in the last month Increased interoperability between blockchain networks and the release of Overledger 2.0.5 are just a few of the reasons for the protocol's August upturn.
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The head of the Financial Conduct Authority criticizes promotion of Ethereum Max token.
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US stocks decline for a 2nd day as concerns over slowing economic growth persist US stocks pulled back for a second day on concerns economic recovery is losing steam. Bitcoin slipped again.
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Two Whole Foods stores opening next year will let users skip the checkout line Whole Foods Market plans to open two stores next year which will leverage technology allowing customers to skip the checkout line.      
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Anna Lundstrom Is Turning the Everyday Cup of Coffee into a Luxury Experience Anna Lundstrom's passion for creativity and crafting experiences of the highest standard has been a red thread throughout her career. Her first taste of Nespresso came almost 15 years ago, working with global communicati...
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Airlines were rising, but pharmaceutical stocks were in the red and dragging Europe stocks lower as investors grappled with concerns over how the continuing pandemic could stymie global growth.
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From 4% to 45%: Biden Sets an Ambitious Goal for Solar Energy The administration has offered only a broad outline of its plan, and many of the details will be decided by congressional lawmakers.
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Cruise Looks To The Skies As It Readies Robotaxi Service The General Motors-backed autonomous tech company has recruited airline industry veterans to help design its passenger service and fleet maintenance operations.
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Bitcoin's sharp fall from $50K linked to stronger US dollar, gold -- Correlation shows The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.
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New York City real estate had a hot vax summer

Business Insider - 8 Sep 2021 14:30
New York City real estate had a hot vax summer New York City's rental and sales markets roared with reopening. Prices are up, fueling a real estate scene more cutthroat than pre-pandemic times.
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Buffett's Berkshire Hathaway has trimmed its Apple stake by 12% over the past three years, missing out on an estimated $6 billion of gains.
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Bitcoin price to hit $100K in 2021 or early 2022: Standard Chartered Experts agree that a $100,000 price tag for Bitcoin by the end of the year would also exponentially boost Ether's price.
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How Security Cameras Can Be Adapted to Create Checkout-Free Store Experiences Visit a major retail store recently? Chances are you noticed some changes at the checkout line. There were probably more self-checkout choices and fewer cashiers. Retail technology is continually evolving in order to boo...
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How TikTok Serves Up Sex and Drug Videos to Minors

Wall Street Journal - 8 Sep 2021 13:59
How TikTok Serves Up Sex and Drug Videos to Minors The popular app can quickly drive young users into endless spools of adult content, including videos touting drug use and promoting pornography sites, a Wall Street Journal investigation finds.
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Lazard's key to hybrid work - Point72 all-in on the cloud - Citadel outpaces rivals The top finance news for Sept. 8, including the latest on Lazard's approach to hybrid work and Point72's adoption of the cloud.
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