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Business News

Location American Business News for 4 December 2021
Green power purchases shielded some companies from energy crunch Businesses can take less of a hit from oil-and-gas shocks through long-term renewable-energy agreements
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Bitcoin Prices Fell To Almost 2-Month Low--What Should Traders Expect Next? Bitcoin prices dropped to their lowest since October 6 today, repeatedly moving below the key support level of $53,000. Analysts weigh in on what the cryptocurrency will likely do next.
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Goldman CEO defends DJ'ing habit, admits Barry Manilow a 'guilty pleasure' Goldman Sachs CEO David Solomon defended his side gigs as a dance-club DJ and revealed his worship of Bruce Springsteen — even as he copped to “guilty pleasures” when it comes to music that include the Bee Gees and...
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A Smart 6% Dividend Strategy For The Omicron Era The Omicron variant is here--what does it mean for us dividend investors?
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Silicon Valley's metaverse will suck reality into the virtual world -- and ostracize those who aren't plugged in Experts say when AR glasses replace cell phones in 10 years, there'll be a turning point in the metaverse -- "and it will not be good for humanity."
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Bitcoin Price Tumbles After Wall Street Selloff

Wall Street Journal - 4 Dec 2021 14:37
The cryptocurrency was down by as much as 20%, hitting its lowest point in months.
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Omicron Variant May Be Good For Economy

Forbes - 4 Dec 2021 14:30
Omicron Variant May Be Good For Economy The omicron variant of Covid-19 has sparked great fear. With time, we may find the fear to have been justified, but we may find the opposite: that this is good news for the economy.
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"I think consumers, as well as our employees, they're just not panicking and overreacting," Frontier Airlines CEO Barry Biffle told Fox News.
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China's birth rate has hit a record low. That could shake the world economy. The most populous country in the world could actually run out of workers soon. That means a lot more than just an end to rapid growth in China.
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R360 is an invite-only networking and investment club for the uber-rich. A three-year membership costs $180,000.
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El Salvador stacks 150 Bitcoin after BTC price crashes below $50k With this purchase, El Salvador's Bitcoin reserve now amounts to 1,270 BTC, which is worth nearly $60.3 million at the time of writing.
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Venture capital isn't working for the 99%

Fast Company - 4 Dec 2021 08:00
Venture capital isn't working for the 99% Four ways the $500 billion industry can serve a bigger portion of the population—and make money, too. Ten years ago this month, we witnessed what may very well go down as one of the most significant events in modern Am...
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How to upload music to Spotify and sync it to your phone

Business Insider - 4 Dec 2021 05:51
How to upload music to Spotify and sync it to your phone You can upload local music to Spotify by going through the desktop app, but you'll need to sync it with your phone to listen while on-the-go.
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Congo Ousts Mining Leader in a Cloud of Corruption Claims

The New York Times - 4 Dec 2021 04:58
Congo Ousts Mining Leader in a Cloud of Corruption Claims The country's president removed Albert Yuma Mulimbi as chairman of the state mining firm. Cobalt in Congo is a crucial resource in the global clean energy revolution.
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Nearly 300 Astroworld Lawsuits To Be Combined Into Single Case If the request is approved, all the lawsuits would be litigated under one judge.
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Didi bows to China pressure, will delist from NYSE months after its debut Just five months after its debut, ride-hailing giantDidiGlobal said it plans to withdraw from the New York Stock Exchange and pursue a Hong Kong listing, a stunning reversal as it bends to Chinese regulators angered by i...
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Traders say ATOM could eventually do an AVAX-like surge to $100 Fractals, bullish technical analysis patterns and the fact that 67% of the total supply is staked are key reasons why analysts expect ATOM to hit new highs shortly.
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Shares of Adobe Inc. are sinking Friday and on track for their worst performance in more than 20 months, after DocuSign Inc. delivered what some saw as a the latest sign of a cool-down in demand for work-from-home softwa...
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Elizabeth Warren Queries Bitcoin Mining Operation, US Senator Says Crypto Miners Raise Environmental Concerns Senator Elizabeth Warren has written a letter to the CEO of the New York bitcoin mining firm Greenidge Generation, Jeff Kirt, asking for details on the company’s emissions. Warren’s letter insists “Greenidge and ot...
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Controversial Kentucky Congressman Posts Christmas Photo Of Family Holding Guns--Asks Santa For Ammo The Republican lawmaker tweeted the photo a few hours after the arraignment hearing of the parents of the suspect in the Michigan high school shooting.
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Charlie Sheen Sues IRS To Cut 2 ½ Men Size Tax Bill Down To Size IRS allows installment agreements, and offers in compromise. Sheen has tried both and is now battling the IRS in court. If the IRS figures it can collect the whole amount, it's not easy to get an offer in compromise acce...
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To offset additional costs such as increasing wages and adding COVID protocols, restaurants have been adding fees to make ends meet.
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