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Business News

Location American Business News for 30 November 2021
Jack Dorsey Resigning as CEO of Twitter Is Bullish for Crypto, Says Fundstrat Twitter now has a new chief executive officer after Jack Dorsey resigned Monday. Dorsey, who is still the CEO of Square Inc., previously said that he wants to focus on bitcoin. Fundstrat Global Advisors’ managing direc...
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Amazon workers in Alabama will get another chance to unionize US regulators have ordered Amazon to submit to a new vote on whether to unionize an Alabama warehouse, ruling that the Seattle-based giant had improperly interfered in a hotly contested election this spring.
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Did Bitcoin Enter A Bear Market After Falling 20% From Its ATH? Bitcoin has fallen more than 20% from the all-time high it reached earlier this month. Following this move, more than one journalist stated that it had entered a bear market. Was this assessment valid?
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Supply chain problems have some small retailers gambling on hoarding For many small businesses, the unpredictability this year has forced them to order in bulk well in advance, and now are hoping they're able to sell what they have.
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Servy Moves Into Canada Having Crossed Ten Million Airport Food Orders Using the Grab e-commerce platform, the online ordering provider has seen increasing uptake from passengers right across the United States and beyond.
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Fed Chair Jerome Powell Could 'Slow Crypto Down' in His Second Term, Warns Billionaire Mike Novogratz Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could �...
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Lactalis completes $3.3 billion acquisition of Kraft Heinz natural cheese business, launches new Chicago office Delayed by a federal antitrust lawsuit, French-based Lactalis Group completed its acquisition of Kraft's natural cheese business and launched a Chicago office to run it.
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3 reasons why traders expect Bitcoin to retake $60K before November ends Bitcoin price flashed a few bullish signals on Nov. 29, leading analysts to share their opinions on why BTC should close November above $60,000.
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FDA Panel Recommends Merck's Covid-19 Antiviral Pill For Emergency Use Authorization Merck's pill is the first oral medication to be endorsed for authorization in the United States.
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Several now-charged Trump supporters who allegedly stormed the Capitol on Jan. 6 previously used a Telegram group chat to conspire...
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How The 'Fast And Furious' Series Succeeded Where The 'xXx' Movies Failed Vin Diesel really did spearhead a series which turned out to be a competitor to the 007 franchise, but it wasn't the xXx series.
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Weak Consumer Spending Hampers India's Economic Recovery

Wall Street Journal - 30 Nov 2021 15:04
Weak Consumer Spending Hampers India's Economic Recovery The South Asian country's economy is rebounding after a pandemic-induced recession, but job losses related to Covid-19 are weighing on consumer spending and the economic recovery.
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Pfizer Vaccine Executive Moves to Rival GlaxoSmithKline

Wall Street Journal - 30 Nov 2021 15:01
Pfizer Vaccine Executive Moves to Rival GlaxoSmithKline The high-profile industry move comes as Pfizer and other vaccine makers scramble to assess how their shots will stand up to a new variant of the coronavirus that causes Covid-19.
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As Omicron, Supply-Chain Problems Loom, Eurozone Inflation Hits Record Record inflation in the eurozone adds to the European Central Bank's challenges as the Omicron variant, supply-chain disruptions and soaring energy prices complicate its policy decisions.
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Mastercard Stock Has Lost 7% In A Week, What's Next? Mastercard stock (NYSE: MA) has lost around 6.9% in the last week, underperforming the S&P 500 (down 2.3%). Further, if you look at the change over the last one month (21 trading days), the stock has decreased 3.4% vs a ...
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Glencore Faces Call From Activist to Sell Coal Assets

Wall Street Journal - 30 Nov 2021 13:50
Glencore Faces Call From Activist to Sell Coal Assets The commodities giant is the last of the world's large miners to retain a presence in thermal coal, a currently lucrative business but one seen by some as harmful to the environment.
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Instead of agreeing to extend the debt ceiling so Democrats can spend more, the GOP should stand firm for responsible fiscal policy.
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Markets Drop As Moderna CEO Predicts Existing Covid-19 Vaccines Will Be Less Effective Against Omicron Variant The Moderna boss has warned that companies may need months to scale up manufacturing of a reformulated vaccine to take on the Omicron variant.
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The Federal Trade Commission is seeking information from Amazon.com Inc., Procter & Gamble Co., Walmart Inc. and others about how they are handling supply-chain snarls, part of a study into whether the problems have led ...
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Crypto Exchange Kraken Now Supports Shiba Inu -- SHIB Trading to Begin Tomorrow Cryptocurrency exchange Kraken has announced support for the meme cryptocurrency shiba inu (SHIB). Deposits are now live and SHIB trading is expected to commence on Tuesday. The price of SHIB surged following Kraken’s ...
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Amazon's new Southland fulfillment centers ramp up for holiday season Amazon's new fulfillment centers in the south suburbs, including Matteson, Markham and University Park, gear up for busy holiday season
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Spanx Founder Sara Blakely Shares Her Best Advice For Entrepreneurs At The Forbes Next 1000 Summit It might seem like an instant success story to go from starting a business with $5,000 in savings to a billion-dollar valuation, but when Sara Blakely spoke at the inaugural Forbes Next 1000 Summit she explained that it ...
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