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Business News

Location American Business News for 12 December 2021
Where Eagles Dare - Why A Major U.K. Bank Has Gone Into The Startup Ecosystem Business Taking inspiration from MIT's Fab Labs, U.K. banking giant, Barclays is building a network of entrepreneur ecosystems. Trevor Clawson finds out more
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Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster 'Groundbreaking ZK Rollup Tech' On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order ...
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Rich Dad Poor Dad's Robert Kiyosaki Insists Depression Is Coming - Predicts 'Gold, Silver, Bitcoin, Real Estate Will Crash Too' The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready...
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Jeff Bezos criticized for celebrating Blue Origin launch before addressing Amazon warehouse collapse Jeff Bezos' late acknowledgement of the devastating and deadly Amazon warehouse collapse was met with criticism on social media.
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Late Chanel designer Karl Lagerfeld's estate sale sold 3 Rolls-Royces for $1.33 million -- take a closer look Two of the luxury cars sold well above estimates, including the 2018 Phantom that collected a whopping $491,263, nearly $50,000 above expectations.
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Defending NCAA Champion Baylor Poised To Become New No. 1 After Rout Of No. 6 Villanova After Baylor lost three players to the NBA Draft following last season's NCAA championship, many questioned how strong the Bears would be this season.
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Thailand Doesn't Prohibit Crypto Use for Payments but Warns of Price Fluctuation Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay f...
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Kamala Harris says 'women will die' if Roe v. Wade is curtailed or overturned: 'It is not an extreme statement' Vice President Kamala Harris said she is "very concerned" about the potential for Roe v. Wade to be pared down, pointing to women who'd struggle to obtain "safe" services.
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Wieden+Kennedy President Colleen DeCourcy Will Retire From Advertising Colleen DeCourcy, the creative trailblazer who has led Wieden+Kennedy through one of its most successful eras, announced today she is stepping down from her role at the agency and will retire from the advertising industr...
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Britain Increases Scrutiny of Foreign Takeovers

Wall Street Journal - 12 Dec 2021 15:00
Britain Increases Scrutiny of Foreign Takeovers The U.K. is putting foreign takeovers of its businesses under greater scrutiny, complicating a popular route to overseas expansion for American companies as they spend record amounts on British acquisitions.
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I went on my first cruise in 10 years aboard Celebrity Cruises' newest $1 billion ship and I'm still not convinced cruising is for me. Here's why. Celebrity Cruises is actively targeting the Generation X customers and I might've been too young to enjoy the new Celebrity Apex cruise ship.
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Tame US inflation carefully or risk some nasty side-effects Paul Volcker's shock therapy in thew 80s hollowed out American manufacturing and permanently boosted both Beijing and Wall Street Down the ages there has been no shortage of central bankers intent on squeezing inflation ...
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Institutional Investors Expect Major Correction in Crypto Market Next Year Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major corre...
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Advanced Nuclear Energy Projects Stumble Despite White House's Support The White House says that the United States is "all-in" on nuclear energy because of its carbon-free content. But funding for a critical advanced nuclear projects has stalled.
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From 'Interview' To 'Twilight': Here's How Anne Rice Brought Vampires Mainstream The author died late Saturday at the age of 80 due to complications from a stroke.
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Stocks This Week: Buy Microsoft And KLA Instruments A period of seasonal strength lies ahead; here are strong trading recommendations.
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Ryan Reynolds Just Made an Official Peloton Ad About Its Big 'And Just Like That' Moment Two years ago, Ryan Reynolds' ad agency, Maximum Effort, exploded onto the global scene with its ultra-timely parody of a Peloton ad that was getting roundly mocked online. But the at-home cycling brand doesn't seem to h...
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Johnson addresses the nation as Covid alert level raised due to Omicron - video Boris Johnson has announced that the government is launching an emergency booster campaign to avoid a severe rise in hospitalisations and deaths from a 'tidal wave' of Omicron. The prime minister said infections of the C...
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2 key Bitcoin trading metrics suggest BTC price has bottomed Bitcoin price has yet to reclaim the $50,000 level, but the actions of options market makers and margin traders at Bitfinex suggest the most recent correction is over.
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Dr. Fauci says it's 'tough to tell' if there will be a need for annual COVID-19 booster, but if there is, 'then we'll just have to deal with it' A COVID-19 booster shot helps increase protection against the more contagious Omicron variant, Dr. Fauci said.
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Report: IT automation to drive tech spending in 2022

Venture Beat - 12 Dec 2021 22:15
SWZD's survey ultimately found that the pandemic-driven rush to remote work will continue to significantly impact future tech spend.
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California Gov. Gavin Newsom (D) on Saturday announced a bill cracking down on the gun industry that would be modeled...
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