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Business News

Location American Business News for 9 September 2021
General Motors Selects Cepton To Supply Lidar For 2023 Production Lidar developer Cepton is going public through a SPAC merger valued at $1.5 billion and in its SEC filing revealed that its technology has been selected by GM.
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Electric two-wheeler or petrol? Read before you buy

livemint.com - 9 Sep 2021 21:54
Electric two-wheeler or petrol? Read before you buy Going electric can help you save about 90% on fuel costs alone when compared with using petrol ones
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My No-Nonsense Guide To Retiring On Dividends (With Just $500K Saved) Do yourself a favor and shut out all the "experts" who say it's impossible to retire on dividends alone.
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Priciest home in US defaults on $165M in debt, falls into receivership The 105,000-square-foot hilltop estate, known as "The One," in ritzy Bel Air has been placed into receivership by the Los Angeles County Superior Court.
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A lot of things happened. Here are some of the things. A Bad Day For Racists The ex-president had a...
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ITR filing deadline extended till 31 Dec

livemint.com - 9 Sep 2021 22:21
ITR filing deadline extended till 31 Dec The date for filing belated ITR returns was also extended by a month from 31 December to 31 January 2022 
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How Xiaomi Redefined What It Means to Be a Platform

Harvard Business Review - 9 Sep 2021 14:15
Three factors enabled the electronics giant’s unique business model.
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Blackstone Joins Francisco Partners in Backing Dynamo Software Blackstone plans to join fellow private-equity firm Francisco Partners as an investor in a software business that serves the alternative investment management industry, including private-equity managers.
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The lost art of sticking around and rising through the ranks Don’t feel the pressure to join the Great Resignation, says this tech CEO, who rose through the ranks from junior engineer. He’s been at the same company for 25 years. The global pandemic has prompted many to rethink...
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'SEC Will Stop at Nothing to Control Entire Crypto Space,' Says Former Federal Prosecutor A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange C...
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Goldman Hires Former McKinsey Chief to Help Run Asia Business

Wall Street Journal - 9 Sep 2021 02:14
Kevin Sneader will serve as Asia co-president alongside Todd Leland.
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Bill Miller's Hedge Fund Sees Bitcoin Having 'Significant Upside Potential' as Digital Gold In a report filed with the U.S. Securities and Exchange Commission (SEC), the fund managers for the Miller Opportunity Trust, Bill Miller’s hedge fund, state that “bitcoin has significant upside potential as a form o...
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Amgen Becomes Oversold

Forbes - 9 Sep 2021 22:04
Amgen Becomes Oversold But making Amgen an even more interesting and timely stock to look at, is the fact that in trading on Thursday, shares of AMGN entered into oversold territory, changing hands as low as $215.41 per share.
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Axis Bank lists $600 mn AT-1 sustainable bonds on IFSC exchanges The bonds were listed on the global securities market platform of India International Exchange (India INX) and debt securities market platform of NSE International Exchange (NSE IFSC), the two bourses said in separate st...
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World's top oil guzzlers surpass pre-pandemic consumption Oil demand in China will be 13% higher next quarter than in the same period in 2019 before the pandemic. Indian fuel sales extended a rebound last month, while American consumption of petroleum products just hit a record...
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Column: As Hulu's price rises, how much is too much for a streaming service? As Disney raises the price of its Hulu streaming service, analysts say consumers are growing pickier about which services they'll subscribe to.
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Samsung Ads Debuts Connected TV Predictive Planner to Boost AVOD Ad Buys Samsung Ads is expanding its footprint in the AVOD space, debuting a new predictive campaign planning offering that will help brands measure the scale, behaviors and time their target audiences spend with ad-supported vi...
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Inside a top healthcare dealmaker's next chapter

Business Insider - 9 Sep 2021 14:53
Inside a top healthcare dealmaker's next chapter These are Insider's biggest healthcare stories for September 9.
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Jobless claims drop to 310K despite Delta variant concerns Initial filings for unemployment benefits, seen as a proxy for layoffs, fell to 310,000 last week, down 35,000 from the prior week's revised level 345,000.
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US jobless claims drop to pandemic low of 310,000 as federal unemployment benefits expire Continuing claims, which count people receiving unemployment benefits, fell to 2.78 million for the week that ended August 21, missing forecasts.
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Tips and tricks to know when buying AND selling a home in a red-hot housing market As easy as the housing market has been for sellers, buyers have had to navigate a market characterized by a steep price growth and tight inventory.      
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WPP Wins Unilever's $3.3 Billion Media Review Unilever's $3.3 billion media account has been retained by WPP's Mindshare with an expectation that there will be a growth in focus on ecommerce by the British multi-consumer goods producer. The retention of the contract...
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