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Business News

Location American Business News for 2 December 2021
The Ironman Is Back After A Long, Strange Year Ironman is back in full swing and the swim-bike-run series continues to attract athletes from almost every sport worldwide.
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Smartling, a company providing a mix of AI- and human-powered translation services, has raised $160 million in venture capital.
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The Fast Acquisition special-purpose-acquisition company rejected Fertitta Entertainment's move, claiming the holding company didn't meet a documents deadline.
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Green Power Purchases Shielded Some Companies From Energy Crunch More companies have been locking in long-term supplies of renewable energy in recent years as a way to cut greenhouse-gas emissions. For some, the deals offered another benefit in 2021: protection from higher prices as a...
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Online mortgage startup Better reportedly laid off 9% of its staff -- about 900 employees -- as its plan to go public looms Two months ago, Better was named America's top startup. CEO Vishal Garg has hired 7,000 people ahead of going public with a $6.9 billion valuation.
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Trump Media Company Reportedly Seeks To Raise $1 Billion After Whiffing On Target Date To Launch Website Trump is personally calling investors asking for $100 million, according to a report.
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Snowflake Reports Strong Sales Growth

Wall Street Journal - 2 Dec 2021 00:00
Snowflake Reports Strong Sales Growth The Montana-based company, which went public last year and has yet to reach profitability, posted revenue of $334.4 million to generate a net loss of $154.9 million.
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Review: Spielberg's 'West Side Story' Improves Upon A Classic Steven Spielberg finally gets to make a musical and (mostly) knocks it out of the park.
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New jobless claims shoot back up to 222K after record-low report The number of Americans newly seeking jobless benefits last week shot back up, after plummeting below pre-pandemic levels ahead of the Thanksgiving holiday, the feds said Thursday.
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Tesla officially moves its headquarters to Austin, Texas The HQ move comes a little over a year after he firstthreatened to move Teslato Texas or Nevada amid a fight with state health officials over COVID-19 restrictions.
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Outside the Box: When you die, go out with style

Market Watch - 2 Dec 2021 14:05
Most of us can close the chapters of our life by writing what we want to believe is true
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Name Drop: Thursday, December 2, 2021

The New Yorker - 2 Dec 2021 13:00
Name Drop: Thursday, December 2, 2021 Can you guess the notable person in six clues or fewer?
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The office of the future

The Economist - 2 Dec 2021 12:33
THE OFFICE used to be a place people went because they had to. Meetings happened in conference rooms and in person. Desks took up the bulk of the space. The kingdom of Dilbert and of David Brent is now under threat. The ...
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Why MGM Resorts Stock Looks Fairly Priced

Forbes - 2 Dec 2021 12:00
Why MGM Resorts Stock Looks Fairly Priced With prominent sports betting applications including BetMGM, FanDuel, Barstool, and Draft Kings targeting a 15-20% share of the U.S. sports betting and iGaming market, high competitive rivalry is likely to trim industry ...
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Metaverse Spurs USD 100M In Weekly Land Plot NFT Sales The demand for digital land in Meta (formerly Facebook)'s Metaverse are booming, with last week bringing USD 100m in non-fungible token (NFT) land sales, according to a recent report by dapp information provider DappRada...
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These bug hotels could bring biodiversity back to cities One million species are at risk of extinction. This beautiful outdoor furniture collection encourages birds and insects to come back to cities. Our planet is losing species at rates never before seen in human history. A ...
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How to use the 80/20 rule to focus on what matters most Fredrika Klarén, head of sustainability at electric car maker Polestar, has mastered the art of getting things done. Here’s how she spends her days. We talk a lot about the 80/20 rule—that we need to focus on the 20...
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KreditBee partners with Mswipe to offer 'Cardless EMI' Under 'Cardless EMI', KreditBee will provide 'Pay Later' options for purchases up to Rs1 lakh
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Booking opens Dec. 7, ya filthy animals
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The Assumptions Underlying The Global Supply Chain Are Faltering In The Face Of Pandemic Headwinds The resolution of the pandemic's impact--with the multiplicity of issues and disruption--to take eighteen months to two years to correct. There are more headwinds than tailwinds. As a result, companies need to take five ...
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Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Bank o...
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UTA Acquisition Corp. plans to raise $200 million in public funds for a SPAC headed by former Nintendo of America CEO Reggie Fils-Aimé.
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