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Business News

Location American Business News for 10 November 2021
Cathie Wood's Ark now owns more than 10% of Blade helicopter service Closely watched stock picker Cathie Wood has scooped up more than 10 percent of Blade, the luxe helicopter and private jet service. New York-based Blade — which went public late last year via a blank-check company in a...
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The Journey of One Southwest Plane Explains the Misery of Travel Now A million U.S. travelers have coped with canceled flights in recent months, with more likely this holiday season. One plane's misbegotten path helps explain why this keeps happening.
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Prices of burgers, hot dogs expected to rise as 'extraordinary' inflation hits grocery stores Major US food companies, including Tyson Foods, Conagra and Kraft Heinz, are reportedly preparing to hike prices on some of their meat products to offset higher supplier costs.
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'Passing' Is A Beautiful Thought-Provoking Debut Film By Rebecca Hall Rebecca Hall's debut feature is a beautifully shot black and white film seething with tension about two women with a secret.
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Pfizer CEO calls people who spread misinformation on COVID-19 vaccines 'criminals because they have literally cost millions of lives' "They're not bad people," Pfizer CEO Albert Bourla said Tuesday. "They're criminals because they have literally cost millions of lives."
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Family-Focused Frndly TV Reaches Carriage Deal With A+E Networks Started in 2019 by former Dish executives, Frndly TV has more than 500,000 subscribers.
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'The Big Short' investor Michael Burry says Tesla stock could plunge 90% - and notes Elon Musk said it was overpriced at $160 last year Burry, who was short Tesla as recently as June this year, noted Amazon and other high-flying stocks plummeted when the dot-com bubble crashed.
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Judge denies Apple's request to delay App Store changes.

The New York Times - 10 Nov 2021 04:15
Judge denies Apple's request to delay App Store changes. Apple may have to rewrite its policies to allow app developers to point users to alternative payment methods as soon as December.
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Barry Diller's companies try to undermine witnesses in Tinder co-founder's $2B suit Attorneys for Barry Diller's media empire sought Tuesday to throw cold water on Tinder co-founder Sean Rad's claims that the mogul's companies cheated him out of billions.
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Unity is acquiring the key technologies and engineering teams of Weta Digital. WetaFX will continue to make movie VFX independently.
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DoorDash, which posted both record revenue and orders in the third quarter as demand for delivery continued, also said Tuesday it is buying Finland food-delivery company Wolt.
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Starbucks has not confirmed a collaboration with Taylor Swift, but the chain's recent tweets have fans speculating.
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A new survey suggests that remote work will endure long after January and reduce the demand for office space in New York.
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Block.one's Bullish exchange wins license from Gibraltar regulators Block.one announced its plans to build Bullish, its own blockchain-based crypto exchange, in May 2021.
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Hershey Plans to Spend $1.2 Billion in Pretzel Deals

Wall Street Journal - 10 Nov 2021 15:15
Hershey Plans to Spend $1.2 Billion in Pretzel Deals Following up on its purchases of SkinnyPop popcorn and Pirate's Booty cheese puffs, the candy maker is seeking to expand in snack products and manufacturing facilities.
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Oil futures drift lower Wednesday as traders await the latest round of official data on U.S. crude inventories.
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Why Biden Isn't Benefiting From a Strong Economy

Wall Street Journal - 10 Nov 2021 14:56
Why Biden Isn't Benefiting From a Strong Economy The president's agenda wasn't designed for an economy struggling with shortages and inflation.
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Why Did Bed Bath & Beyond's Stock Skyrocket 42% Since Last Week? Bed Bath & Beyond, has increased by almost 42% over the last five trading days (one week) and currently stands at around $22. In comparison, the broader S&P500 index increased only marginally over the same period. The ho...
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Analyze Your Downfalls, Then Realign For Success--Even When Things Are Good For ultimate success, you must realign when things go wrong.
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Etsy's Stock Rose On Strong Q3 Results, Will It Continue? Etsy's stock rose by 23% in the last twenty-one trading days. In comparison, the broader S&P500 index rose by 7.1% over the same period. The online retailer saw its stock rise after strong Q3 2021 results. In Q3 2021 the...
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Mortgage rates are now at the lowest level in nearly two months, and refinance demand is coming back.
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Arby's to produce vodka with same 'flavor profile' of curly fries Fast food chain Arby's announced it plans to unroll two limited-edition vodkas that will pair well with their french fries.
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