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Business News

Location American Business News for 25 September 2021
Here's everything you missed in Week 3 of Elizabeth Holmes' Theranos fraud trial Witnesses at Elizabeth Holmes' trial this week included a patient whose results falsely indicated miscarriage and former Defense Secretary James Mattis.
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Can companies have a hybrid workplace--and keep things fair? Some employers are trying to make sure that hybrid work arrangements don't reverse gains among historically marginalized groups
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J&J recipients are feeling neglected as booster campaigns begin, but second shots are likely coming soon Johnson & Johnson vaccine recipients feel left out of the conversation about booster shots. But second shots are likely.
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Sponsors say stablecoins are safe, but regulators are concerned about potential risks to financial stability.
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Chinese Pig Prices Are No Longer Flying High

Wall Street Journal - 25 Sep 2021 11:30
After two years of soaring pork prices, China now faces the opposite problem: a depressed market for the staple.
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These 3 NFT Projects Collectively Captured Over $10 Billion in Sales Non-fungible token (NFT) assets have taken the world by storm in 2021 and three current projects in the NFT universe have seen sales stretch into the billions. Statistics show that the NFT marketplace Opensea, the blockc...
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South Korean Taxman to Be Granted Right to Search Crypto Tax Evaders' Homes oins could be liquidated - and bailiffs could be sent to search their houses. Crypto is not yet taxable in South Korea, but as of January 1, 2022, all crypto profits above USD 2,100 will need to be declared, and traders ...
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Ether Prices Fell Below $3,000 Today--What's Next? Ether followed other cryptocurrencies lower today after markets responded to the latest announcement from China's central bank. Where will ether prices go next? Several technical analysts weighed in.
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Cannabis industry jobs are on the rise, fueled by the Great Resignation The number of employees in the US legal marijuana sector surpass those who are paramedics, aircraft pilots, or electrical engineers.
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One Solution to a Shortage of Skilled Workers? Diversify the Construction Industry. President Biden's infrastructure plan would create a hiring challenge, but also an opportunity to recruit from communities that the industry has long ignored.
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Pitchfork Economics' Paul Constant says these laws hurt unions' ability to get workers higher pay and employer-provided health insurance.
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Dane Drewis tried to become a full-time musician a few years ago but fell back on his finance degree. This time, he's making sure it'll be different.
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China Detains Fallen HNA Ex-Billionaire Chairman Ahead Of Airline Restructuring Vote HNA's overseas investment spree included stakes in Deutsche Bank, Ingram Micron
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The world's biggest carbon-removal plant just opened. In a year, it'll negate just 3 seconds' worth of global emissions. Companies are developing technology that sucks carbon dioxide out of the air. But scientists say it can't be scaled up fast enough.
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Child tax credit money arrives, but some parents say IRS shorted them and 'it makes no sense why' The IRS didn't deliver the Sept. 15 payments in a timely fashion to many families. Some still wait; others received partial payments on Friday.      
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Designers Try Selling Clothes First, Making Them Later

Wall Street Journal - 25 Sep 2021 11:30
Designers Try Selling Clothes First, Making Them Later To cut back on unsold inventory they would discount or dump, some brands are testing on-demand production as an alternative to relying on overseas factories to generate large batches of garments well in advance.
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A Rocky Start for Bukele's Bitcoin Law -- El Salvador After Adoption The adoption of bitcoin as legal tender in El Salvador has been one of the biggest events in the cryptocurrency world this year. However, Nayib Bukele, president of the country, has taken a course of action many consider...
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Utility companies aren't preparing for the right kind of disasters Extended power cuts after hurricanes or ice storms don’t have to be inevitable, utilities just need to think about resilience a little differently. A busy 2021 Atlantic hurricane season is in full swing. The year’s 1...
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Is India's solar power sector prepared for its innovation-driven transformation? The solar industry in India has received considerable support from the government during the pandemic
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Morgan Stanley's Executive Likens Bitcoin's Resilience to Kenny Who Dies in Every South Park Episode Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like h...
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FBI Investigating Alleged Assault Of U.S. Service Member At Afghan Refugee Camp Fort Bliss officials say additional security measures have been implemented.
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Trump's Latest Lawsuit Against New York Times Et Al. Likely To Fail Bigly A new lawsuit filed by Donald Trump against The New York Times, several of its reporters, and his niece, Mary Trump, alleges that there was an "insidious plot" to obtain his tax records. Trump is seeking damages of no le...
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