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Business News

Location American Business News for 28 December 2021
Apple offers employees up to $180K bonus to stop defections to Facebook parent Meta: report Apple is paying out surprise bonuses of up to $180,000 to software engineers in a bid to stop employees from defecting to other big tech companies including Facebook parent Meta, according to a new report. Select enginee...
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A new report shows which CTA stations had the smallest pandemic drops in riders, and it could hold clues to transit's future More riders continued taking CTA trains in lower-income neighborhoods and in neighborhoods with more Black and Latino residents, a new report shows.
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Billionaire Ray Dalio Sees Limitation on Bitcoin's Price, Doubts BTC Can Reach $1 Million Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logicall...
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Walmart faces backlash on Chinese social media

New York Post - 28 Dec 2021 05:05
Walmart faces backlash on Chinese social media Walmart faces mounting criticism on Chinese social media platforms from users who allege the retail giant has stopped offering products from Xinjiang province in its China-based stores, according to a report Monday. The ...
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Student Loans Are Due Starting May 1, But There May Be More Student Loan Relief Will you get more student loan relief?
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Can Crocs Stock Rebound After A 28% Fall?

Forbes - 28 Dec 2021 12:30
Can Crocs Stock Rebound After A 28% Fall? Crocs, a company designing, manufacturing, and marketing footwear for men, women, and children under the Crocs brand, has declined 28% over the last twenty-one trading days (one month) and currently stands near $124. It ...
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Why 'The Matrix Resurrections' Was A Box Office Disappointment Little about 'Matrix Resurrections' appealed to anyone beyond a niche group of moviegoers who already want another 'Matrix' movie.
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Office Costs Are Rising as Workers Return

The New York Times - 28 Dec 2021 16:01
Building owners may have saved on maintenance when their offices were dark, but new pandemic-related costs are being added to the bill.
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The Reason Good Investors Invest In People, Rather Than Ideas. Or Do They? Does anybody actually know what a good startup founder looks like?
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Eight Smart Strategies To Take Your Business's Instagram Game To The Next Level Instagram can be a great way for business owners to connect with customers and expand their company's reach.
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Uber Stock Is Rallying, But It's Not Too Late To Buy Uber stock (NYSE: UBER) rallied by almost 17% over the last week (five trading days), considerably outperforming the S&P 500 which has gained about 1.6% over the same period. While Uber stock has been under pressure for ...
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Omicron Threatens to Upend Gyms' Fragile Recovery

Wall Street Journal - 28 Dec 2021 15:00
Omicron Threatens to Upend Gyms' Fragile Recovery The new Covid-19 variant could jeopardize recent gains by the fitness industry in leasing and foot traffic.
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Vasudevan reappointed as MD, CEO of Equitas Small Finance Bank for 3 years Vasudevan was appointed as the MD of erstwhile Equitas Finance Limited, now a bank, with effect from July 23, 2016.
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Stock Pickers Are Struggling to Beat the Market

Wall Street Journal - 28 Dec 2021 14:03
Some 85% of active U.S. stock funds were on pace to underperform the S&P 500 this year.
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Carnival Stock Is Soaring Despite Omicron Fears. Why? Carnival stock, the largest cruise line operator in the U.S., has fared quite well recently, rising by about 18% over the last month, compared to the broader S&P 500 which has gained about 3% over the same period. The ga...
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6 Crucial Factors That Make An Outstanding Crowdfunding Video A great crowdfunding video is all about sharing your product story in the best way possible.
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With Bitcoin At $51,000, Check Out These Crypto Stocks Cryptocurrencies have seen a lot of volatility in recent weeks. Bitcoin prices have plummeted by almost 25% from their November highs to levels of about $51,000 currently, although they have recovered a bit from recent l...
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Shares of Hong Kong-listed Chinese property developers rallied Tuesday morning after China Evergrande Group said work had resumed at more than 90% of its stalled residential projects.
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Bank vs Housing Finance Company (HFC): Which is best for a home loan Banks determine the home loan rates by charging a mark-up to the repo rate while HFCs offer loans after giving discounts from their PLRs
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'The One' heads for February auction. But Nile Niami hatches a crypto counterplan Developer Nile Niami proposes using "The One" to back cryptocurrency as he fights to head off a February auction of his Bel-Air mega-mansion.
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Wife of Ex-Domino's Pizza CEO loses battle to build St. Barts hotel The wife of an ex-Domino's Pizza CEO has been ordered to halt construction of a massive hotel in St. Barts after a local environmental group raised hackles over the project, On The Money has learned. Denise Dupré -- who...
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Shares of Flotek Industries Inc. jumped as much as 50% in after-hours trading Monday after the Houston-based chemistry and data company disclosed that it has received an unsolicited indication of interest for a buyout of...
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