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Business News

Location American Business News for 10 February 2022
Why You Never Want To Be The Smartest Person In The Room Let's examine why it's so important for your growth as an individual, and as an entrepreneur, to find others who can help you grow.
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MoviePass is relaunching -- and it wants to track your eyeballs MoviePass is relaunching this summer, nearly three years after the company first folded in 2019, CEO Stacy Spikes said at a press event in Manhattan.
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Binance Partners With Korean Entertainment Corporation -- NFT and Metaverse Collaborations Envisioned Binance and the South Korean entertainment corporation, YG Entertainment, have signed an agreement that enables the two firms to collaborate on blockchain projects that include non-fungible tokens (NFTs). They also plan ...
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How Parents Can Get Student Loan Forgiveness Will your student loans get cancelled?
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Appeals Court Won't Immediately Reverse Block Of Biden's Federal Employee Vaccine Mandate More than 90% of federal employees are already vaccinated against Covid-19.
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Music Men Sue 'The Music Man' After Their Broadway Dreams Are Dashed The producers of 'The Music Man' have been sued for breach of contract after recasting a barbershop quartet.
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Former Las Vegas Casino Exec Sentenced To 1 Year In Prison In College Admissions Scandal Former MGM Resorts and Wynn Resorts executive Gamal Abdelaziz was sentenced to one year and one day in prison for paying $300,000 to have his daughter admitted to the University of Southern California as a fake basketbal...
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Switzerland's Largest Bank UBS Suggests Alternative Ways of Investing in Cryptocurrency Switzerland’s largest bank, UBS, has suggested some investment strategies for investors seeking to gain exposure to crypto assets with less risk than investing directly in bitcoin, ether, or other cryptocurrencies. “...
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Gary, tech developer settle after default; Genesis Center, Ivanhoe again marked for redevelopment The administration had come under fire for the deal after the promises of bringing its corporate offices to the Genesis Center and building its factor on the Ivanhoe Gardens site made by Aasim Saied, CEO of Akyumen Indus...
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Inflation Spiked 7.5% In January--Hitting Nearly 40-Year High For the third month straight, inflation is rising at the quickest rate in nearly 40 years.
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Space Stocks Are Having Another Rough Year. Should You Buy? There has been a gradual shift from government-driven space programs toward privately run programs, and this could bode well for the companies in our theme.
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Oil futures rise Thursday, building on gains scored a day earlier after data showed an unexpected drop in U.S. crude inventories.
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France's Most Valuable Start-Up's Raison D'être Is Creating A Circular Economy For Tech With more than $1b in VC investment Back Market aims create a global marketplace of high-quality, professionally refurbished electronics - everything from iPhones to laptops to appliances - to break the traditional linea...
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The report is the first under new CEO Parag Agrawal after Jack Dorsey stepped down from the role in November.
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Legit Security's platform helps enterprises protect software supply chains by automatically discovering pipelines, infrastructure, and code.
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Coca-Cola earnings topped Wall Street's estimates, but the company's 2022 forecast was weaker than expected.
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More Unwelcome Surprises at Credit Suisse

Wall Street Journal - 10 Feb 2022 16:55
After a profit warning only last month, Credit Suisse's full-year results should have been boring. Instead, the beleaguered Swiss bank had more bad news.
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European food delivery firm Delivery Hero saw its share price plunge Thursday after announcing earnings guidance that disappointed traders.
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Taco Bell's parent company opened a restaurant every 2 hours in 2021, and it shows customers are loving fast food more than ever Yum Brands, operator of Taco Bell, KFC, and Pizza Hut, opened over 4,100 new restaurants in 2021, a fast food industry record.
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Shareholders Reign Supreme Despite CEO Promises to Society

Wall Street Journal - 10 Feb 2022 16:40
Stakeholder capitalism has turned out to be standard shareholder capitalism, with a smiley face.
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Down 7% In A Month, Will Old Dominion Freight Line Stock (ODFL) Rebound? Earlier this month, ODFL reported its Q4 results, which topped the street estimates, resulting in higher levels for its stock.
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PepsiCo beat expectations for fiscal fourth-quarter earnings and revenue, but warned of cost pressures ahead.
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