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Business News

Location American Business News for 21 October 2021
'The Honeymooners' Star Joyce Randolph Turns 97 If you happen to be a fan of classic comedy The Honeymooners (and who isn't?)
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Would you trust a robot with your finances?

livemint.com - 21 Oct 2021 20:43
Would you trust a robot with your finances? Robo-advisers, which are automated wealth managers, are at a very nascent stage in India
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AutoNation's Profit Jumps as Car Prices Soar

The New York Times - 21 Oct 2021 13:33
AutoNation's Profit Jumps as Car Prices Soar The company, a chain of new-vehicle franchises, has been able to cut back on discounts as the chip shortage limits the inventory of cars.
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New York Knicks, LeBron James And The NIL Market: This Week's Most Interesting Sports Business Stories In this week's SportsMoney Playbook: the NBA's most valuable teams, bold moves in the NIL market and a Nascar juggernaut in the making. Plus: LeBron James sets an NBA earnings record.
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US weekly jobless claims slide to 290,000 - setting a fresh pandemic-era low Continuing claims, which track Americans receiving unemployment benefits, fell to 2.48 million for the week that ended October 9.
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Facebook's Commerce & Ads IP Tool Is Now Brand Rights Protection Facebook introduced a revamped version of its Commerce & Ads IP Tool Thursday, Brand Rights Protection. Brand Rights Protection enables enrolled trademark owners to search and report content that they believe infringes o...
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America's Housing Boom Will Keep Builders and Agents Busy

Wall Street Journal - 21 Oct 2021 19:18
There is no more off season any more for housing as builders and buyers make up for lost time.
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NAACP takes ownership stake in machine-learning-powered startup Hello Alice The data-driven platform focuses on empowering underrepresented business leaders, making it a fitting investment for the organization. The NAACP doesn’t typically tango with the venture capital world, but in an “unpr...
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Vibes Integrates with Salesforce Marketing Cloud to Build Stronger SMS Campaigns Mobile engagement platform Vibes has been integrated with Salesforce Marketing Cloud's (SFMC) Journey Builder to provide retailers native access to its SMS campaign manager. Brands can use this tool to manage SMS campaig...
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Stock Futures Fall Ahead of Earnings, Jobless Data

Wall Street Journal - 21 Oct 2021 10:47
U.S. stock indexes were poised for muted opening losses, as investors awaited another batch of corporate results and data on the labor market.
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Why you should write a resignation letter when you quit your job A resignation letter might seem dated, but it serves an important purpose. While you may be excited to start your next job, you have to resign from your current one first. The best method of resignation is an in-person m...
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Li Gan, economics professor at Texas A&M University, said China's real estate sector has to be "substantially smaller" to stabilize as housing demand falls.
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Facebook Struggles to Determine How Many Users It Has

Wall Street Journal - 21 Oct 2021 22:05
Facebook Struggles to Determine How Many Users It Has Internal documents indicate new users with multiple accounts are undercounted, raising questions about how Facebook measures its audience and potentially affecting advertisers' spending on the platform.
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Investing in Upper-Funnel Marketing Is a Long-Term Play Editor's note: This piece is part of our Columnist Network series, which explores the tactical thoughts and actions from Adweek's community of high-level experts. Today, Shutterstock CEO Stan Pavlovsky shares the thinkin...
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Inflation fears or ETF driving Bitcoin price? The Market Report is live with Big Cheds "The Market Report" with Cointelegraph is live right now with special guest Big Cheds, a professional trader and one of the founding analysts of Bitcoin Live.
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American and Southwest Post Profits as the Airline Industry Recovers Both airlines said they expected to do even better in the final three months of the year, lifted by corporate, international and holiday travel.
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USS Gerald R. Ford: When New Subsystems Do Better Than The Ship After a long and thankless struggle to get EMALS, a groundbreaking electromagnetic launch system, headed in the right direction, the Navy deserves to fully exploit the potential of this--and other--hard-won and working h...
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For the US's Vietnam-era covert special operators, the quietest missions were also the most dangerous MACV-SOG commandos were sent behind enemy lines to gather intelligence, but the enemy himself was often the best source of that intelligence.
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Tight Labor Market Keeps Jobless Claims Near Pandemic Lows

Wall Street Journal - 21 Oct 2021 11:30
Tight Labor Market Keeps Jobless Claims Near Pandemic Lows Unemployment claims are trending near the lowest levels since the Covid-19 pandemic hit in the spring of 2020, as companies are reluctant to lay off workers amid labor shortages.
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Fed Ethics Office Warned Officials to Curb Unnecessary Trading During Rescue Months later, some Federal Reserve leaders resumed their market activity, stoking a scandal now engulfing the central bank.
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Barclays Profit Rises on Investment Banking

Wall Street Journal - 21 Oct 2021 08:47
The London-based lender said its net profit rose in the third quarter, driven by a continued strong performance at its investment bank.
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The latest release of App Transit simplifies multicloud networking via transit, application performance, secure access, and observability.
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