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Business News

Location American Business News for 21 September 2021

Daniel Kahneman: How Companies Can Improve Their Hiring Process

Wall Street Journal - 21 Sep 2021 14:00
Daniel Kahneman: How Companies Can Improve Their Hiring Process The Nobel Prize winner says employers should ask the same questions of every applicant.
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Apollo, Standard General make $8B bid for Tegna TV stations: sources Apollo Global Management teamed with Standard General on Monday to make a binding bid that topped $8 billion for local TV station owner Tegna, sources close to the matter said.
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Longstanding insurers such as Allstate, Hartford and Voya have pulled back from the business, creating an opening for asset managers such as Apollo and Blackstone who bring a different and often riskier investment philos...
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U.S. Futures Inch Higher, Hong Kong Stocks Stabilize

Wall Street Journal - 21 Sep 2021 05:15
U.S. futures edged higher, suggesting American markets could regain some ground Tuesday, after concerns about the Chinese property sector helped fuel a global selloff in the previous session.
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A Holiday Playbook For Another Unique Shopping Season The holiday shopping season is crucial for retailers, large and small. As we look ahead, here are six ways marketers can prepare for the 2021 holiday shopping season.
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The bill proposed by Democrats, will likely include higher taxes for the rich and corporations, paid parental and sick leave, and more money for seniors' healthcare.
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China Ride-Sharing Platform DiDi Plunges 6.6% On Report President Jean Liu Plans To Depart Liu also said by Reuters to expect China's government to take control of the business
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Twitter Settles Class-Action Suit for $809.5M Twitter will pay $809.5 million to settle a class-action lawsuit that originated in 2016, accusing the company of misleading its investors about user engagement and growth. The complaint was based on projections made by ...
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What's Next For Student Loan Cancellation

Forbes - 21 Sep 2021 00:48
What's Next For Student Loan Cancellation Here's what it means for your student loans.
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China's Regulatory Storm Risks Triggering Wider Economic Damage

Wall Street Journal - 21 Sep 2021 17:10
China's Regulatory Storm Risks Triggering Wider Economic Damage Crackdowns on property, tech and other sectors are starting to weigh on business activity and add to financial risks in the country, raising the potential that Beijing's campaigns could harm the broader economy.
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Bitcoin in 'good shape' as long as BTC price stays above $40K -- Mike Novogratz The veteran Bitcoin bull says he's not "nervous" about crypto on the back of the institutional investor demand he has witnessed.
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Uber climbs as the ride-hailing service forecasts adjusted profit for the 3rd quarter Uber also increased the top end of its gross bookings outlook for the third quarter to $22.8 billion.
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Climate disaster turned these millennials into 'forever renters': 'Being flexible is the new American dream' Samuel Naujokas said wildfires made him rethink his idea of success. "Maybe there's something wrong with" the value we give homeownership, he said.
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Poland Confirms Arrest of Former Wex Exchange Executive in Warsaw Reports of the detention of Dmitry Vasiliev, ex-head of the bankrupt cryptocurrency exchange Wex, have been confirmed by authorities in Poland. The former executive of the platform, allegedly involved in the theft of fun...
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Markets are rebounding after Monday's selloff, and one big Wall Street bank says it's a green flag to buy.
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Amazon rolls out 3 new Kindle Paperwhite e-readers, all with 10 weeks of battery life - here's how to preorder Amazon has announced three new Kindle Paperwhite models, including brand-new Kids and Signature Edition models. Preorders are live now.
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It'll be one of the biggest New York real estate deals in years.
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Mastercard's Gambit: World Chess Master Magnus Carlsen Added as Brand Ambassador Mastercard is making its first sponsorship move into chess by naming Magnus Carlsen, the game's highest-rated player of all time, as its global brand ambassador. The partnership with Carlsen kicks off with Mastercard's "...
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Wynn is one of several casino operators in Macau that face tighter obligations under China's recent regulatory crackdown.
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Uber Says First Adjusted Profit Possible This Quarter

Wall Street Journal - 21 Sep 2021 14:14
Uber Says First Adjusted Profit Possible This Quarter The ride-hailing giant said it could reach a measure of profitability in the current quarter, months earlier than previously expected, in what would be Uber's first adjusted earnings since its inception more than a decad...
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JPMorgan's market guru says the Evergrande crisis is a chance to buy the dip in US stocks - and predicts the S&P 500 will surge 8% by year-end JPMorgan's Marko Kolanovic said he remains bullish on US stocks and that the dangers from Chinese property giant Evergrande are overblown.
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Ben & Jerry's releases 'Change is Brewing' flavor with Rep. Cori Bush Ben & Jerry's has unveiled a flavor whose proceeds will partly go to support Rep. Cori Bush's $10B bill seeking to defund cops and replace them with social workers in certain incidents.
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