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Location American Business News for 23 November 2021
5-bedroom mansion built in 1992 listed for $4M, becoming Wheaton's second-highest-priced home currently on the market The 7,800-square-foot mansion was designed by architect Richard Hague
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Will Aldi Go Beyond Just Groceries?

Forbes - 23 Nov 2021 21:08
Will Aldi Go Beyond Just Groceries? The deep discount grocery chain has introduced a seasonal apparel line in the UK. Does it mean it will become more of a player in general merchandise products?
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Blue Origin reveals the 6 passengers for its next spaceflight, including Good Morning America anchor Michael Strahan and the daughter of the first American to fly to space Blue Origin has invited GMA coanchor Michael Strahan and Laura Shepard Churchley, the daughter of US astronaut Alan Shepard, on its next flight.
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The Sustainable Industrial Revolution Is Just Getting Started

The New York Times - 23 Nov 2021 12:00
The Sustainable Industrial Revolution Is Just Getting Started Heavy industries like shipping, steel and plastics have long opted out of climate action. That is starting to change.
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Samsung Electronics Co. plans to build a roughly $17 billion chip-making plant in Taylor, Texas, according to people familiar with the matter, a mega investment by the South Korean tech giant, as the Biden administration...
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Samsung to Choose Taylor, Texas, for $17 Billion Chip-Making Factory The announcement is expected at a Tuesday event to be attended by Texas Gov. Greg Abbott, sources say.
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The Jan. 6 Committee sent subpoenas to five more people involved in organizing rallies on the day of the Capitol...
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The group plans next year to begin delineating how banks can legally get involved in the growing field.
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'Lord of the Rings' crypto is deemed a trademark violation A cryptocurrency named after the "Lord of the Rings" trilogy was deemed a trademark violation and barred from operating on Tuesday after the estate of author JRR Tolkien took the digital token's creator to task.
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Hulu Lowers Annual Black Friday Deal to 99 Cents a Month For New Subscribers Hulu is bringing back its annual Black Friday deal--offering steeply discounted rates for new and former subscribers--but this year's promotion is even cheaper than usual in an effort to attract consumers. Top line The s...
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Saving The Supply Chain Won't Be Sexy

Forbes - 23 Nov 2021 19:52
Saving The Supply Chain Won't Be Sexy Logistics and production issues continue to plague the global supply chain, but reshoring production won't fix the problems. Diversifying supplier networks and improving communication throughout the supply chain are the ...
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Semiconductors - The CHIPS Act: Why It Is, What It Is (Part 1) The CHIPS Act may become the biggest government intervention of its kind ever - 3 times bigger than Operation Warp Speed that fostered the Covid-19 vaccines. But is it fundamentally ill-conceived?
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Higher consumer prices means less money left over for a new home. Yet real estate is known as a hedge against inflation.
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Over the last two years, states and cities have passed dozens of renter-friendly laws, ushering in what advocates say may be a less precarious period.
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: Dollar Tree raises its price point to $1.25

Market Watch - 23 Nov 2021 15:50
Dollar Tree reported earnings and sales that beat expectations alongside the announcement that it's raising its price point
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Dick's Sporting Goods on Tuesday reported fiscal third-quarter earnings and sales that outpaced analysts' expectations.
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Three Successful Ways Amazon Sellers Pivoted During Covid-19 While these past 20 months proved to be among the most challenging for sellers, they also provided one of the greatest learning opportunities.
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New York Hotel Business Getting Little Boost From Holiday Season The city's hotel owners have been hoping for a big year-end boost to their business as tourists start to return. But early indicators suggest limited holiday cheer for the beleaguered hospitality sector.
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To reduce global energy prices, the White House will release 50 million barrels of crude oil along with Britain, China, India, Japan and South Korea.
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Best Buy, Dick's E-Commerce Growth Slows After Pandemic-Fueled Surge Best Buy posted lackluster sales growth heading into the holiday season, one of the few large chains unable to capitalize on high consumer demand for electronics and other goods.
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Sell This Deadly Yield Trap Now (And Buy This 10.2% Instead) I hate to see everyday folks grinding it out with "has-been" dividend payers like AT&T (T) when there are dozens of safe 7%+ yielders out there, many with incredible performance histories, too.
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JPMorgan, Goldman Sachs Told to Boost Capital Buffers

Wall Street Journal - 23 Nov 2021 14:10
Global financial regulators told JPMorgan, Goldman Sachs and BNP Paribas to boost their capital buffers under rules intended to help avoid a repeat of the 2008 global financial crisis.
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