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Business News

Location American Business News for 18 April 2022
Luxury Cannabis Brand Riffs on Iconic Women-Centric Ads to Make a 4/20 Splash A luxury brand dubbed "the Coco Chanel of cannabis" has borrowed from one of the most famous women-centered ad campaigns in history to make a splash on April 20, the Black Friday of weed. Flower by Edie Parker launched i...
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Taco Bell Brings Back Its Fan-Favorite Mexican Pizza After A Social Media Outcry And Petition For Taco Bell, however, the decision to remove its fan-favorite Mexican Pizza ignited an intense social media backlash that continues to linger over a year later and includes a Change.org petition signed by 200,000-plus.
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SEC Risks Violating Admin Procedure Act by Rejecting Spot Bitcoin ETFs, Says Grayscale Grayscale Investments’ CEO explains that the U.S. Securities and Exchange Commission (SEC) could potentially violate the Administrative Procedure Act by not approving a spot bitcoin exchange-traded fund (ETF). SEC Appr...
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In the battle against rising COVID-19 cases, workers are ordered to avoid unnecessary trips and in some cases, allocated temporary beds in offices.
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Gold futures rose Monday as U.S. traders return from a three-day weekend, with little prospect for a quick end to Russia's invasion of Ukraine in sight.
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Firms that pursue open innovation reap significant dividends and command competitive advantages that span across their businesses.
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The F-35 was 'designed precisely' to fight and win in the kind of war happening in Ukraine, former test pilot says The F-35's "capacity to neutralize the enemy cannot be matched by any other airplane," former test pilot Billie Flynn told The Aviationist.
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Apollo Global Looks to Participate in a Bid for Twitter

Wall Street Journal - 19 Apr 2022 00:16
Apollo Global Looks to Participate in a Bid for Twitter Apollo Global Management is considering participating in a bid for Twitter, after Elon Musk's $43 billion pitch put the social-media company in play.
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Hot Economy, Rising Inflation: The Fed Has Never Successfully Fixed a Problem Like This Central bank says it is possible, but many factors are out of its control; "they are strikingly behind."
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How a Dollar General Employee Went Viral on TikTok

The New York Times - 18 Apr 2022 13:00
How a Dollar General Employee Went Viral on TikTok Mary Gundel loved managing a store in Tampa, Fla. But when she detailed its challenges on social media, the company -- and fellow employees -- took notice.
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A Caribbean medical school with Illinois ties has agreed to pay a $1.2 million settlement, after allegedly misleading the public about student residencies.
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Construction will close a Metra station in Harvey for at least one year Metra's 147th Street/Sibley Boulevard station in Harvey will close for a year or more beginning next month as it undergoes a revamp.
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Employees must get signatures from 30% of staff at New York's Grand Central Station for a union election.
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Elon Musk lied about taking Tesla private: lawsuit

New York Post - 18 Apr 2022 16:58
Elon Musk lied about taking Tesla private: lawsuit Elon Musk knowingly lied when he tweeted in 2018 that he was considering taking Tesla private, a judge reportedly ruled as part of a lawsuit brought by shareholders who are seeking billions of dollars in damages.
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Jenny Slate And Ben Schwartz Talk About Seltzer, Sonic 2 And More An exclusive interview with the comedy stars, who just launched a new ad campaign with AHA Sparkling Water.
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Mytaverse has raised $7.6 million for a platform that enables enterprises to launch metaverse applications.
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Elon Musk says 'almost anyone' can afford $100,000, a hypothetical price point for a SpaceX ticket to Mars Musk, who aims to send a million people to Mars by 2050, said: "almost anyone can work and save up and eventually have $100,000."
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Rivian Automotive Inc. Chief Executive RJ Scaringe is warning that the auto industry could soon face a looming shortage of battery supplies for electric vehicles--a challenge that he says could surpass the current comput...
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Alex Jones' Infowars files for bankruptcy following Sandy Hook lawsuits Alex Jones' companies, including his media site Infowars, have filed for bankruptcy following lawsuits over public comments in which he called the Sandy Hook massacre a hoax.
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Bank of America's Quarterly Profit Falls 12%

Wall Street Journal - 18 Apr 2022 16:06
The second-largest U.S. bank earned $7.07 billion, down from $8.05 billion a year earlier.
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Four Critical CFO Leadership Traits That Drive Growth For Founder-Led Companies A forward-thinking CFO will manage the financial structures and processes that drive the founder's vision through every stage of growth.
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Social Security is a critical source of income for many retirees, but the size of your monthly payment changes based on when you start receiving your benefits.
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