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Business News

Location American Business News for 7 April 2022
Replacing Ezra Miller With Grant Gustin In 'The Flash' Is Too Weird To Work Yesterday, Rolling Stone reported that in an emergency meeting about Ezra Miller, Warner Bros. decided to hit pause on all the actor's projects, including the upcoming high profile Flash film, due to their recent behavio...
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JD.com's Richard Liu Becomes Latest China Tech Billionaire To Leave CEO Post Follows top-level changes at ByteDance, Kuaishou, Pinduoduo
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Bank of England Governor Says Crypto Creates 'Opportunity for the Downright Criminal' The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people...
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This logo constantly redraws itself

Fast Company - 7 Apr 2022 11:00
This logo constantly redraws itself Designer Talia Cotton wanted to create an unbiased logo, so she put an algorithm to work. But that raised all kinds of thorny questions about whether design can ever really be neutral. Bias exists everywhere in design, f...
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Why the Bitcoin 'mid-halving' price slump will play out differently this time The $50,000 resistance level seems to be the line in the sand that separates certainty from doubt that Bitcoin has cast off the four-year cycle trend according to Santiment.
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Higher energy costs are driving up prices of glass bottles for wine, sometimes as much as 20%, according Rabobank.
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Investors Show Rising Interest in Crypto, but Financial Illiteracy Hampers Investments - Surveys A series of recent polls are indicating a surge in interest in cryptoassets by US investors from across the generational and ethnic spectrum, but obstacles such as financial literacy gaps and inaction in dealings with fi...
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SEC Is Investigating How Amazon Disclosed Business Practices

Wall Street Journal - 7 Apr 2022 02:54
SEC Is Investigating How Amazon Disclosed Business Practices The tech giant's use of third-party sellers' data is a focus of securities regulators' probe, according to a person familiar with the matter.
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Interlay introduces new protocol for Bitcoin's reciprocal relationship with DeFi XCC is positioned as a supporting mechanism to XCLAIM, a protocol which acts as the foundational layer for Interlay's Bitcoin one-to-one backed asset interBTC.
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Jobless Claims Fall to 166,000, Lowest Level Since 1968

Wall Street Journal - 7 Apr 2022 17:02
Jobless Claims Fall to 166,000, Lowest Level Since 1968 New applications for U.S. unemployment benefits fell last week to a near 54-year low as employers held onto workers in a tight labor market.
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Walmart Raises Pay to Attract Truck Drivers

Wall Street Journal - 7 Apr 2022 17:00
Walmart Raises Pay to Attract Truck Drivers To keep its supply chain humming, the retailer is raising starting salaries for truck drivers and expanding a training program that enables its employees to enter the field.
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Wieden+Kennedy and TBWA\Chiat\Day Lead COMvergence's 2021 US Creative New Business Rankings New business opportunities for U.S. creative agencies accelerated in 2021, as clients held 155 reviews representing $4.8 billion in media spend, compared to 92 reviews in 2020. Despite the significant increase in reviews...
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Elon Musk broke the law when buying up Twitter shares: experts Tesla CEO Elon Musk appears to have violated federal law by not notifying the SEC that he was buying up shares of Twitter, according to a report. SEC regulations required Musk to notify the market when his stake in the s...
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Work-from-home costs are adding up. Employees are suing to get their bosses to pay up As many white-collar employees enter a third year of working from home, lawsuits demanding reimbursement for home-office expenses are on the rise.
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Will Peloton's New Strength Training Device Shore Up Its Stock Price? Peloton's new camera-based 'Guide' strength training device will go on sale this week, as the company looks to reduce its reliance on its indoor exercise bikes and treadmills and bolster declining revenues. While Peloton...
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Tech stocks are the most oversold they have been since 2015, according to Dan Ives, an analyst at Wedbush Securities.
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A wind farm company admitted killing 150 eagles in the US and was fined $8 million. Almost all died from being hit by the blades. ESI Energy acknowledged that deaths of more than 150 golden and bald eagles at its sites over the course of a decade.
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Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and...
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You may be an ace at Wordle, the daily New York Times word-puzzle game that's become a fixation for many Americans. But there's a good chance your friends think you're cheating your way to success.
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"We are sending them to the United States Capitol where the Biden administration will be able to more immediately address [their] needs," Abbott said.
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JetBlue would scrap the Spirit brand if it buys the airline and leave Frontier as the only large ultra low-cost carrier in the US Wall Street analysts call JetBlue's bid a "headscratcher," though some say the move would make Frontier the US' only large low-cost carrier.
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A former staffer for Democratic Rep. Brad Schneider pleaded guilty to fraudulently overpaying himself Federal prosecutors accused Rep. Brad Schneider's former aide of abusing position managing the budget and payroll of the Illinois Democrat's office.
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