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Location American Business News for 18 February 2022
The Justice Department inspector general said a Trump-era US attorney's conduct at a press conference was "unbecoming" of any DOJ official.
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How A NFT Pivot Turned A Tiny Mobile Game Company Into Multi-Billion Dollar Powerhouse Yat Siu has transformed Animoca Brands from a struggling Australian game maker into a blockchain powerhouse. His audacious gamble on more than 150 NFT investments is the ultimate litmus test for the future of the $200 bi...
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How Donald Trump could win the White House again in 2024

Business Insider - 18 Feb 2022 20:53
How Donald Trump could win the White House again in 2024 "It's way more likely than people think," said one Republican strategist.
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Billionaire Lim Kok Thay's Genting Singapore Spending $300 Million To Revamp Casino Resort, Theme Park Genting Singapore is investing S$400 million ($298 million) this year to revamp its casino resort and theme park in the lion city, preparing the property for a post-pandemic tourism recovery.
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The lawsuits cites privacy concerns and attorney-client privilege. The committee already subpoenaed the "Kraken" lawyer for documents and testimony.
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Walmart Sets Its Sights On More Than Just Selling Stuff Walmart's full-year revenue was up 2.4% from the prior year reaching $572.8 billion, The company discussed how a more diversified business model will help drive future growth and provide a stronger bond with its customer...
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Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year

Wall Street Journal - 18 Feb 2022 04:42
Intel CEO Sees Revenue Growth Gaining Pace Starting Next Year Pat Gelsinger expects Intel to be able to reach and sustain double-digit annual revenue increases and gain market share.
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The Unintended Consequences of Asking for Employee Input

Harvard Business Review - 18 Feb 2022 17:15
A study found that when managers solicit ideas from employees, they often unconsciously take credit for them.
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Cardano Foundation Doubles Reward Offered to Hackers for Uncovering Bugs on Its Blockchain The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which ...
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Thousands of Porche, Audi and VW cars are floating in the Atlantic after an onboard fire.
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Live Selling: The Strategy Your E-Commerce Store Needs In 2022 Live streams are no longer just an opportunity to show off new products. They are a powerful selling tool that generates actual revenue.
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Temasek-Backed Startup Zilingo Aims To Raise Up To $200 Million Zilingo, a fashion technology startup backed by Singaporean state-owned investor Temasek Holdings, is seeking to raise between $150 and $200 million at a valuation of more than $1 billion, according to people with knowle...
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Demand for High-Yield Crypto Savings Products to Surge, BitMEX Predicts Demand for savings products that yield far higher returns than what can be achieved in traditional markets is expected to surge, as more people realize that inflation is eating away at their savings, crypto derivatives e...
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China Orders Cuts for Food-Delivery Fees, Sparking Tech Selloff

Wall Street Journal - 18 Feb 2022 15:18
China Orders Cuts for Food-Delivery Fees, Sparking Tech Selloff Chinese authorities said the country's online food-delivery platforms should reduce the fees they charge businesses, sending shares of industry giant Meituan plummeting to their lowest level in more than a year.
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J&T Express Raises $2 Billion In Latest Funding From Temasek, Other Investors Ahead of Hong Kong IPO Delivery company J&T Express raised $2 billion in a funding round late last year from Temasek Holdings, Hillhouse Capital, Boyu Capital, and Sequoia Capital China that valued the company at $20 billion, Bloomberg News re...
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According to company filings, Cook's total compensation for 2021 will be 1,447 times the median salary of Apple employees.
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Berkshire Hathaway's Charlie Munger Says Government Should Ban Bitcoin -- Calls Crypto 'Venereal Disease' Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, wishes crypto would be banned immediately. He says the government made “a huge mistake” to allow cryptocurrencies, like bitcoin. “...
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BTS, Viviz, TXT, Enhypen, Day6's Wonpil And Ha Sung-Woon: The 10 Bestselling Albums In Korea Both BTS and Tomorrow X Together chart a pair of top 10 albums this week in South Korea.
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Cap-weight or equal weight? Apple and other mega-cap stocks get different treatment depending on a fund's strategy.
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Federal judge rules that Trump can be sued over the Capitol riot and does not have absolute immunity "The court well understands the gravity of its decision," the ruling said. "But the alleged facts of this case are without precedent."
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Quality shareholders gravitate to quality companies, with frequently lucrative results.
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E-Commerce Sales Grew 50% to $870 Billion During The Pandemic E-Commerce sales were $870 billion in the US in 2021, a 14.2% increase over 2020 and a 50.5% increase over 2019.
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