Business News
China tells citizens to avoid mail from abroad and open packages with gloves, claiming that Omicron is spreading through foreign post
Business Insider - 17 Jan 2022 15:29
Experts say the coronavirus is unlikely to spread by mail as it does not last long on surfaces. But China said an Omicron case may have come this way.
Robinhood on Listing More Cryptocurrencies: 'It's Important That We Get a Bit More Clarity From Regulators'
Bitcoin.com - 17 Jan 2022 04:30
Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry...
Bitcoin's slump could be the start of a 'crypto winter' that sees prices crash, UBS says. Here are three reasons why.
Business Insider - 17 Jan 2022 16:27
A deep and drawn-out crypto crash of the sort seen in 2018 is a growing possibility, analysts at investment bank UBS have warned.
Energy Sector Predictions For 2022
Forbes - 17 Jan 2022 03:49
This year I predict that several trends from 2021 will reverse direction.
An accountant got $20,000 in student debt wiped out. 5 months later, he quit his job and ran for office.
Business Insider - 17 Jan 2022 16:15
"There's a whole generation of people saddled with student loan debt that can't participate in this important part of civic life," David O'Keefe said.
: Up to three-quarters of the $800 billion PPP flowed to business owners instead of workers, study finds
Market Watch - 17 Jan 2022 15:20
The benefits of the landmark small-business relief program designed at the height of the pandemic mostly went to business owners rather than its employees, a study from leading economists finds.
Full Recovery in Global Labor Market Could Take Years
Wall Street Journal - 17 Jan 2022 15:55
The U.S. labor market is nearing, or may already be, at full employment, but a United Nations agency said that is far from true in many other parts of the world, with the Omicron variant of the Covid-19 virus is likely s...
Households facing 'fuel stress' set to triple as energy bills surge, think-tank warns
Sky News - 17 Jan 2022 15:27
The number of households suffering "fuel stress" because they spend 10% of their budget or more on energy bills looks set to triple to 6.3 million, according to a think-tank.
The C.D.C.'s New Challenge? Grappling With Imperfect Science
The New York Times - 17 Jan 2022 12:00
The Omicron coronavirus variant is moving much faster than researchers can, worsening a longstanding problem: The agency must make tough decisions with scant data.
China's Economy Slowed Late Last Year on Real Estate Troubles
The New York Times - 17 Jan 2022 06:00
Economic output climbed 4 percent in the last quarter, slowing from the July through September quarter. Growth has faltered lately as home buyers and consumers become cautious.
Jack Dorsey's Payments Company Is 'Officially Building an Open Bitcoin Mining System'
Bitcoin.com - 17 Jan 2022 02:30
In mid-October 2021, Twitter founder Jack Dorsey revealed the payments firm Block Inc. (formally Square) was considering joining the bitcoin mining industry. Three months later, Dorsey tweeted that his firm was “offici...
Why China's Central Bankers Are Still Worried
Wall Street Journal - 17 Jan 2022 16:34
China's economy grew 4% from a year earlier in the fourth quarter--faster than expected. But December data should give investors pause.
Scottish government in line for near-£700m payday after windfarm auction
The Guardian - 17 Jan 2022 16:14
Seabed permits given to 17 projects from companies including Scottish Power, Shell, BP and SSE The Scottish government is in line for a windfall of almost £700m after the largest ever auction of the country's seabed plo...
China Seeks to Cushion Blow of Economic Pain as Momentum Slows
Wall Street Journal - 17 Jan 2022 15:27
China's leaders are hoping that they can put a floor under the economy, which expanded by 4% in the fourth quarter of last year, the slowest pace since the beginning of the Covid-19 recovery.
"What's the Deal, Hummingbird?," by Arthur Krystal
The New Yorker - 17 Jan 2022 15:00
Fiction by Arthur Krystal: "How do you know what you've forgotten? He knew only that he was a case of nerves between two eternities."
The Wall Street Journal: Credit Suisse chairman steps down following board probe into his conduct
Market Watch - 17 Jan 2022 05:42
Credit Suisse Group AG Chairman António Horta-Osório is leaving the global bank following a board investigation into his travel and personal conduct, according to people familiar with the bank.
Remote job postings for NYC firms nearly quadruple in seismic shift
New York Post - 17 Jan 2022 03:34
The key industries with the highest jump in virtual-work offers amid the coronavirus pandemic included administrative, information and financial services.
Report: Activision Blizzard shed over 30 employees during misconduct scandal
Venture Beat - 18 Jan 2022 01:55
A Wall Street Journal report says that Activision Blizzard has allegedly fired or pushed out 37 employees since last July's lawsuit.
No, Mike Tyson Is Not Fighting Jake Paul, Representative Says
Forbes - 18 Jan 2022 01:54
It was rumored Tyson was planning an exhibition fight in Las Vegas against the famous YouTuber.
Credit Suisse's António Horta-Osório Lost Board Support Over Covid-19 Rules Breach
Wall Street Journal - 18 Jan 2022 01:54
The chairman's jet use also raised concerns, with some board members fearing he lacked credibility to fix what had come to be seen as the bank's broken culture.
China's Manipulation Of Covid Data : The Two 'Smoking Guns'
Forbes - 18 Jan 2022 01:52
Official Chinese figures expose two "smoking guns" - showing that Covid data is being concealed. The mortality figures are much higher. Zero-Covid is a fiction.
U.S. Airlines Seek Further 5G Rollout Delay
Wall Street Journal - 18 Jan 2022 01:52
Carriers said in a letter to U.S. officials that current FAA flight-safety measures to accommodate the new wireless service could result in a significant disruption of their flight schedules this week.