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Business News

Location American Business News for 22 October 2021
Rivian test drive along North Shore turns heads, as Chicagoans get first look at the new $70,000 Illinois-built EV truck A test drive of the new Rivian R1T electric truck along the North Shore turned heads this week, offering Chicagoans their first look at the $70,000 Illinois-built EV.
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Bannon Caught Fleeing U.S. Disguised as Man Who Recently Took Shower "He showered, shaved, and even combed his hair," a T.S.A. agent said. "He was totally unrecognizable."
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What's Next For Guardant Health Stock After An 18% Fall In A Month? The stock price of Guardant Health, a healthcare company that offers non-invasive cancer diagnosis tests, has seen an 18% fall over the last twenty-one trading days. This can be attributed to its plans to acquire NeoGeno...
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PayPal logs its largest Bitcoin volume since May BTC price crash The world's leading payment services provider processed $145.60 million worth of Bitcoin trades on the day BTC rallied to its record high of $67,000.
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The U.S. Oil Supply Is Still Out Of Balance

Forbes - 22 Oct 2021 12:00
The U.S. Oil Supply Is Still Out Of Balance Oil prices are high, but there's a good reason for it.
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Deutsche Bank Whistleblower Gets $200 Million for Aiding Libor Probe A whistleblower whose information helped U.S. and U.K. regulators investigate manipulation of global interest-rate benchmarks by Deutsche Bank was awarded nearly $200 million for assisting the probe, according to people ...
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Hackers Lay Claim to Trump's Social App Before Its Launch

The New York Times - 22 Oct 2021 02:59
Hackers Lay Claim to Trump's Social App Before Its Launch Hackers tied to the group Anonymous defaced a private version of the former president's app, Truth Social, posting images of defecating pigs and explicative-laced rants.
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Bulls fight to keep Ethereum price above $4K ahead of Friday's $435M options expiry ETH price failed to overcome its previous all-time high, but derivatives data signals that bulls will try their best to keep the price above $4,000 for the short-term.
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Goldman Sachs offers big retention bonuses to top executives, a year after docking their pay. The announcement came one year after Goldman admitted criminal wrongdoing by its Malaysian subsidiary for its role in the looting of 1MDB, the Malaysian government's sovereign wealth fund.
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After oil, gas and coal, solar module prices are on a boil Solar equipment supplies to India from China have already been impacted due to disruptions in shipping lines, high freight and a severe container shortage.
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Scaramucci, the former White House communications director under Trump, said he hopes the stock moves like bitcoin.
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Lingering 'Brain Fog': Study Finds High Rate Of Cognitive Impairment Months After Covid-19 Infection High numbers of Covid-19 survivors showed signs of cognitive impairment months after infection, according to tests designed to evaluate memory, language and attention.
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Instagram: How to Use the Dune Chat Theme

AdWeek - 22 Oct 2021 16:45
Instagram: How to Use the Dune Chat Theme Instagram added a Dune chat theme that allows users to add a desert scene to their conversations. Our guide will show you how to use the Dune chat theme in the Instagram application. Note: These screenshots were captured...
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A whole bunch of household essentials are about to get more expensive Makers of products such as Ben and Jerry's, Cheerios, and Pampers have all said that prices will keep increasing.
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Snapchat parent Snap fell as much as 22% in premarket trading on Friday, after changes to Apple's tracking settings and the pandemic impacted Q3 earnings.
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Pfizer-BioNTech Covid-19 Vaccine for Kids Was Safe and 90.7% Effective, Companies Say U.S. health regulators are expected to weigh in soon on the evidence for giving the Pfizer-BioNTech Covid-19 vaccine to children 5 to 11 years old.
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GlobalFoundries Inc. is billing itself as the largest silicon wafer supplier not dependent upon China and Taiwan in an initial public offering planned during a global semiconductor shortage, but that doesn't mean the bus...
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Southwest Airlines CEO says unvaccinated employees won't lose their jobs, despite a federal mandate It marks a softening of Southwest's stance on COVID-19 vaccines. It said early October that staff must be fully vaccinated "to continue employment."
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Bitcoin ETF May Feel Good to BTC Enthusiasts, but Adoption May Not Advance In-Kind While cheered emphatically by the crypto community, the bitcoin ETF’s simplicity hides many drawbacks, especially for long-term investors unfamiliar with the inner workings of the futures market and the rocky results o...
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Your Most Passionate Employees May Not Be Your Top Performers

Harvard Business Review - 22 Oct 2021 14:25
Research finds that managers tend to reward passion — even if it’s not correlated with results.
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How to Reshape Your Leadership Brand as You Start a New Role

Harvard Business Review - 22 Oct 2021 14:05
Assume that your reputation has preceded you — and that it may not be flattering.
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Crocs CEO says simplicity of company's clogs makes them largely immune to supply-chain issues and COVID-19 factory shutdowns When Crocs' factories in Vietnam closed because of rising COVID-19 infection rates, it was able to easily move manufacturing elsewhere, its CEO said.
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