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Business News

Location American Business News for 11 October 2021
K.K.R.'s co-chiefs, Henry Kravis and George Roberts, step down. Joe Bae and Scott Nuttall are taking over as co-chief executives in a succession plan that was set in motion in 2017.
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A Nazi Legacy Haunts a Museum's New Galleries

The New York Times - 11 Oct 2021 20:29
The Kunsthaus Zurich built an extension to display masterpieces from a private Swiss collection. But critics say the works are tainted by the source of their owner's wealth.
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Millennials Team Up to Fulfill the Dream of Homeownership

Wall Street Journal - 11 Oct 2021 11:30
Burdened by debt and facing soaring home prices, first-time home buyers are pooling their finances with partners, friends or roommates.
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Alleged Submarine Spy Was 'Technical Lead' For Navy's Next-Gen Nuclear Missile Submarine Court documents allege former Navy officer Jonathan Toebbe tried to sell secret on Virginia-class attack submarine nuclear reactors. But his LinkedIn profile states he was also "technical lead" on the design of the next-...
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IIFL Finance is offering up to ₹10 lakh business loans on WhatsApp with approval under 10 min. How to apply To get business loans from IIFL Finance via WhatsApp, the user will have to send a 'Hi' to 9019702184 and complete the KYC process
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What's Next For Marvell Technology Stock After 8% Rally Last Week? Marvell Technology Inc. stock has gained 8% in the past week and currently trades at around $65 per share. Additionally, Marvell, a semiconductor technology company, has seen its stock gain almost 8% over the last month,...
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Facebook banned developer who made an app to let users limit news feed A developer who created a browser extension that helps Facebook users spend less time on the site claims he has now been banned from the social media platform.
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FBI Arrests Federal Employee Selling Restricted Data on Nuclear Submarines for Cryptocurrency A U.S. government employee has been arrested on espionage-related charges after he attempted to sell restricted data on the design of nuclear-powered warships to a foreign government. The federal employee asked to be pai...
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Cube Dev, the developer behind the open source analytics API platform Cube.js, has launched a hosted cloud version of its service.
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If authorized, the drug, called molnupiravir, would become the first oral antiviral treatment for COVID-19.
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Oil futures begin the week with additional gains on Monday, with the U.S. benchmark finishing above $80 a barrel for the first time in nearly seven years.
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Facebook, Instagram Focus on Live Shopping Experiences for Holiday Selling Season Facebook is gearing up for the holiday shopping season with daily live shopping experiences on Facebook and Instagram starting Nov. 1, the return of the #BuyBlack Friday initiative to highlight Black-owned businesses and...
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How sensible is it to use grains to produce ethanol? India is planning to use surplus rice, besides sugarcane, to meet its biofuel target of blending 20% ethanol with petrol. Could this impede India's c goals or worsen nutritional indicators? Mint explores.
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Rep. Liz Cheney (R-WY) rebuked her former fellow GOP leader, House Minority Whip Steve Scalise (R-LA), on Sunday for upholding...
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Why Are Kellogg's Workers On Strike?

Forbes - 11 Oct 2021 16:18
Why Are Kellogg's Workers On Strike? Kellogg's workers on strike in four states are pushing back on two-tiered wage systems and pension and benefits cuts.
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Pantera CEO Wants a Reminder the Day Before a US Bitcoin ETF Launches -- 'I Might Want to Take Some Chips off the Table' On October 6, Pantera Capital published an investor’s note written by Dan Morehead, the company’s CEO. Unlike the myriad of crypto investors who believe that a bitcoin exchange-traded fund (ETF) will send the crypto ...
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The Saudi royal family gave Trump and his team robes made of fake tiger and cheetah fur, report says Federal inspectors found the robes "were dyed to mimic tiger and cheetah patterns," an Interior Department spokesman told The New York Times.
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Sydney Celebrates 'Freedom Day' After Nearly Four Months Of Covid Lockdown As Vaccination Rate Crosses 70% Australia's largest city opened up after midnight on Monday after the state crossed its target of 70% of residents being fully vaccinated.
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'He has terrible credit. I honestly don't know how he plans to pull this off unless he has another borrower helping him, maybe a girlfriend or family member.'
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Facebook whistleblower Frances Haugen will speak to the company's Oversight Board after leaking documents and testifying about the company's policies.
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Electric Vehicles Footprints May Not Currently Be As Clean As Some Assume Near future developments could greatly increase the benefit of the technology.
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Lego announces plans to remove gender stereotypes from toys, following global survey A global study by the Geena Davis Institute on Gender in Media found that harmful gender stereotypes persist in children's activities.      
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