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Business News

Location American Business News for 28 October 2021
The 37-Year-Olds Are Afraid of the 23-Year-Olds Who Work for Them Twenty-somethings rolling their eyes at the habits of their elders is a longstanding trend, but many employers said there's a new boldness in the way Gen Z dictates taste.
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KFC's same-store sales climbed 6% after falling 4% a year ago.
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Traders Bet Tesla Stock's Rally Isn't Over Just Yet

Wall Street Journal - 28 Oct 2021 11:33
Roughly one of every two dollars spent in the U.S.-listed options market on Monday and Tuesday went to Tesla options.
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Volkswagen Faces an Even Bumpier Road to EVs Than Detroit

Wall Street Journal - 28 Oct 2021 14:25
Third-quarter losses from the namesake VW brand are a reminder that the highly political German company will be harder to reshape for a new technological era than its U.S. peers.
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Fed Leadership Uncertainty Muddies Rate-Policy Outlook

Wall Street Journal - 28 Oct 2021 11:30
Fed Leadership Uncertainty Muddies Rate-Policy Outlook Higher inflation has raised questions in markets over a possible pivot, putting a bigger spotlight on President Biden's choices.
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Lyft & Uber's Newest Focus: Trying To Solve A Huge Problem In Healthcare Both companies are using their robust infrastructures to tackle an incredibly challenging problem in healthcare.
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Robinhood Loses Out With Dogecoin in the Doghouse

Wall Street Journal - 28 Oct 2021 14:51
The trading app's revenue was dented by a pullback in cryptocurrency trading, raising questions about the platform's staying power.
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Budweiser's New Growth Recipe Goes Down Easy

Wall Street Journal - 28 Oct 2021 14:38
For the first time in a long time, a Budweiser looks more appealing than a Heineken.
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SEC reportedly knocks back Valkyrie's leveraged Bitcoin ETF The SEC does not appear to have the appetite for more exotic Bitcoin futures products.
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With the cyber industry expected to grow 33% through 2030, the survey reveals many opportunities to encourage people to pursue cyber careers.
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ABBA Won't Release New Music After 'Voyage'--Group Says 'This Is It' ABBA's Benny Andersson said in an interview, he didn't say 'Abba was never going to happen again' when they split in 1982, but he's saying it now.
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Friday's jaw-breaking $3.2B Bitcoin options expiry could kick-start a new rally Bitcoin bulls could be in for a $715 million profit if BTC price is above $60,000 ahead of Friday's $3.2 billion options expiry.
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Ten Bay Area tech public relations agencies hold a virtual job fair, targeting Texas tech workers impacted by state abortion ban.
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During his Facebook Reality Labs keynote, Mark Zuckerberg announced that Grand Theft Auto: San Andreas is coming to Oculus Quest 2.
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Jobless Claims Hit A New Pandemic Low As Fewer Americans Claim Unemployment Benefits Jobless claims dropped to the lowest since March of 2020, according to data from the Labor Department.
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Volkswagen Shares Dive As Profits Disappoint Investors And Fall In The 3rd Quarter Volkswagen shares dived almost 4-1/2% after profits dived in the microchip-shortage ravaged 3rd quarter. VW and its mass market and premium brands said operating profits fell 12% to €2.8 billion in the 3rd quarter, com...
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Biden Unveils New Social Spending Proposal--Here's What Remains After $2 Trillion In Cuts Though still massive, the package falls incredibly short of the president's $3.5 trillion ambitions.
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U.S. Intelligence Agencies Did Not Predict Taliban's Rapid Takeover Of Kabul, Report Says Four major intelligence agencies predicted the Afghan government would fall, but not nearly as quickly as it did during the U.S.'s August withdrawal, according to materials obtained by The Wall Street Journal.
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Yugabyte, a company developing an SQL database and database services for enterprise, has raised $188 million in venture capital.
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Guild of Guardians Is a Stunning Multiplayer RPG Where You Play to Earn Epic NFT Rewards Guild Of Guardians is a multiplayer RPG where players earn epic rewards. The project has top tier partners such as Ubisoft and one of the largest and most well-funded, VC-backed teams building NFT games. The developers h...
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How Manufacturers Are Managing Demand Spikes Demand fluctuations are the reality for manufacturers for the foreseeable future--and most likely beyond.
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Up To 50 Million J&J Vaccine Doses Reportedly Sitting Unused In Baltimore Manufacturing Plant The vaccine maker is reportedly waiting for a green light from U.S. regulators before shipping out the doses.
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