Business News
Etihad Airways' CEO says its Airbus A380s and the $20,000 luxury apartments onboard might fly again -- but only temporarily
Business Insider - 13 Dec 2021 14:47
Etihad offers one of the most exclusive products in the skies onboard its A380s, including private apartments that can sell for $20,000 per flight.
Financial Crime: Holy Cow! Colorado rancher bilked investors out of $5M in cattle ponzi scam
Market Watch - 13 Dec 2021 22:06
Prosecutors say Richard Sears told investors he was developing a new breed of cattle but never delivered on promised returns.
Facebook executive blames 'individual humans' for the spread of misinformation, saying they choose what to believe and what to share
Business Insider - 13 Dec 2021 05:20
People "choose to believe or not believe a thing. They are the ones who choose to share or not share a thing," Andrew Bosworth told Axios on HBO.
Yelp Deposits $100M in JP Morgan Empower Money Market Share Class
AdWeek - 13 Dec 2021 14:10
Business directory and crowdsourced review forum Yelp said Monday that it deposited $100 million in the JP Morgan Empower money market share class, which was formed to bring new economic opportunities to underserved comm...
NewsWatch: A near-term pullback, then the third bubble in 100 years is coming, says strategist. Here's how to get ready.
Market Watch - 13 Dec 2021 19:00
Our call of the day from Stifel sees the Fed working toward a bubble of the century. Here's what happened before.
A cancer genius died from cancer. His startup is getting revenge
Fast Company - 13 Dec 2021 09:00
Two years after launching Earli, a stealthy startup based on his cancer-spotting tech, Sanjiv Gambhir died. His cofounders are carrying on his vision. From his home in Portola Valley, California, Sanjiv Gambhir logged on...
Log4j exploits suggest attackers gearing up for ransomware
Venture Beat - 13 Dec 2021 20:23
Attackers may be using the Apache Log4j vulnerability, known as Log4Shell, to lay the groundwork for a ransomware attack, researchers said.
UBS Penalties Slashed by Around $3 Billion in French Tax Case
Wall Street Journal - 13 Dec 2021 16:34
An appeals court ordered UBS to pay around $2 billion for helping wealthy clients in France evade taxes, reducing the size of an earlier penalty of around $5 billion.
'Conflicted Congress': Key findings from Insider's five-month investigation into federal lawmakers' personal finances
Business Insider - 13 Dec 2021 15:21
Insider's new investigative reporting project reveals the depths of lawmakers' conflicts-of-interest, potential self-dealing, and violations of a federal corruption law.
Column: Rand Paul demands federal disaster aid for Kentucky, after voting against it for everyone else
L.A. Times - 13 Dec 2021 21:44
Rand Paul, like many other conservatives, opposes aid for a disaster until it hits home.
For Money-Losing Virgin Atlantic, the Pandemic Was a Surprise Opportunity
Wall Street Journal - 13 Dec 2021 17:47
The airline, which hasn't turned a profit since 2016, has aimed for a transformation, cutting its workforce, ditching old aircraft and making cargo a central part of the business. The big question is how long it will tak...
Column: Hertz symbolizes everything that's wrong with American corporations
L.A. Times - 13 Dec 2021 16:00
Hertz is a one-stop shop for American corporate shortcomings.
Research: How Ranking Performance Can Hurt Women
Harvard Business Review - 13 Dec 2021 15:15
A study found that women’s performance suffered when they knew they were being evaluated against their peers.
Bloomberg Media's The Pay Check Is Adweek's 2021 Podcast of the Year
AdWeek - 13 Dec 2021 13:00
This March, after two seasons spent exploring the systemic forces behind the gender wage gap, the Bloomberg Media podcast The Pay Check shifted focus. Inspired by the political reckoning spurred by the police murder of G...
Credit Suisse Fills Leadership Slots in Post-Archegos Reshuffle
Wall Street Journal - 13 Dec 2021 12:51
The Swiss banking giant rehired veteran banker Francesco De Ferrari to head its wealth-management arm catering to the world's rich.
US stock futures edge higher as markets brace for a Fed policy shift in wake of inflation surge
Business Insider - 13 Dec 2021 12:49
Markets are focused on central banks this week, with decisions coming from Europe, the UK and Japan as well as the Fed.
Why U.S. Job Gains Are So Hard to Count During Covid
Wall Street Journal - 13 Dec 2021 12:30
The government is getting less data from employers, and economists are having a hard time understanding how the pandemic affects consumer and business behavior.
Derby's Take: Economists See Fed Penciling In Two 2022 Rate Increases at FOMC Meeting
Wall Street Journal - 13 Dec 2021 12:30
Economists are factoring in a more hawkish interest rate path for the Federal Reserve and expect its officials to reveal that shift in forecasts planned for release on Wednesday.
SEC Lures Top Enforcer Who Says Tougher Punishment Is Coming
Wall Street Journal - 13 Dec 2021 12:30
Since taking over at the Wall Street watchdog, Gurbir Grewal has signaled higher fines for wrongdoing are on the horizon, along with efforts to remove more malefactors from Wall Street jobs.
Analyst Expects US to Embrace Crypto With Proper Regulation in 2022 - Sees 'Refreshed' Bitcoin Bull Market
Bitcoin.com - 13 Dec 2021 05:30
Analyst Mike McGlone with Bloomberg Intelligence has shared his outlook for the cryptocurrency market going forward. “We expect the U.S. to embrace cryptocurrencies in 2022, with proper regulation and related bullish p...
Etsy craft-sellers say they're unfairly elbowed off site
New York Post - 13 Dec 2021 03:29
Competition is getting fiercer on Etsy — and some sellers of handcrafted knickknacks, jewelry and home furnishings are accusing their rivals of dirty tactics. Over the past month, Elyza Davis has racked up 43,000 "like...
Comprehensive Regulatory Reform From The Bottom Up: The Case Of 340B
Forbes - 13 Dec 2021 00:45
Instead of expanding the reach of the federal government, regulatory reforms should take the time to understand which inefficiencies are driving the adverse outcomes.