Business News
Shanghai Lockdown Reignites Supply-Chain Problems for U.S. Companies
Wall Street Journal - 4 May 2022 13:30Starbucks Plans Wage Increases That Won't Apply to Unionized Workers
The New York Times - 4 May 2022 04:39
The initiative was announced as labor organizers have won initial votes at more than 50 stores, including several this week.
Earnings Results: Match brings in Zynga exec as next CEO, but stock falls as outlook comes up short
Market Watch - 4 May 2022 04:26
Match Group Inc. is bringing in a new chief executive with a history steeped in gaming as the online-dating company chases continued growth, but shares were headed 4% lower in after-hours trading Tuesday after the compan...
American Consumers Are Shopping, Traveling and Working Out Like It's 2019
Wall Street Journal - 4 May 2022 18:16How to Hitch a Ride on the Porsche IPO
Wall Street Journal - 4 May 2022 17:51
The sports-car brand had another excellent quarter ahead of a proposed minority initial public offering by parent company Volkswagen.
Bitcoin Funds Sees Largest Weekly Outflows in a Year, 'Hawkish Rhetoric' to Blame
Crypto News - 4 May 2022 17:46
Investment funds backed by bitcoin (BTC) last week saw their largest outflows for a single week since June of 2021, with USD 132.7m being withdrawn by investors, according to data from the crypto investment and research ...
Yum Brands earnings miss estimates as China weighs on KFC, Pizza Hut sales
CNBC - 4 May 2022 17:30
Taco Bell was the only chain in Yum's portfolio to report better-than-expected same-store sales growth.
Denim Brand Showcases How A Recycled Pair Of Jeans Is Made
Forbes - 4 May 2022 04:42Tesla CEO Elon Musk Gives Investment Advice He Says 'Will Serve You Well in the Long Term'
Bitcoin.com - 4 May 2022 04:30
Tesla and Spacex CEO Elon Musk has shared his recommended investment strategy, which he believes “will serve you well in the long term.” Some people noted that Musk’s strategy is similar to one adopted by Berkshire...
Starbucks Plans Barista Raises, Says Unionized Cafes Will Need to Bargain
Wall Street Journal - 4 May 2022 03:30Airbnb Revenue Climbs on Record Nightly Bookings, Higher Prices
Wall Street Journal - 4 May 2022 03:11Earnings Results: Lyft stock plunges 25% after forecast, rider numbers come up short
Market Watch - 4 May 2022 03:04
Lyft Inc. said Tuesday that it had a better-than-expected first quarter, with Chief Executive Logan Green saying ride-hailing volumes hit "a new COVID high," but shares plunged after executives' forecast came up short.
South Korea's Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal
Crypto News - 4 May 2022 03:00
Kakao Bank, South Korea's biggest neobank and an affiliate of the internet giant Kakao, has refused to confirm or deny that it has struck a partnership deal with Coinone - one of the four biggest crypto exchanges in the ...
Trump loses bid to stay New York contempt of court order and avoid $10K daily fine
CNBC - 4 May 2022 02:43
Donald Trump was found in contempt for failing to comply with a subpoena from Attorney General Letitia James as part of her probe of the Trump Organization.
Donald Trump now owes NY AG Letitia James $80K as Appellate Court tells him to keep paying
Business Insider - 4 May 2022 02:21South Side woman suing Advocate Christ hospital, alleging racial discrimination when she brought in her son
Chicago Tribune - 4 May 2022 02:18
A South Side woman alleges in a suit that Advocate Christ Medical Center assumed that, because she was Black, she abused her infant son
Sen. Kyrsten Sinema did not reprise her side hustle as a California winery intern: documents
Business Insider - 5 May 2022 01:55Donald Trump Jr. Testifies For Hours Before January 6 Committee
Forbes - 5 May 2022 01:48California Gov. Newsom Issues Executive Order for Crypto Business Rules
Wall Street Journal - 5 May 2022 01:41
California Gov. Gavin Newsom issues order aiming to help the state maintain its central role in crypto and blockchain, by building a regulatory framework and infrastructure.
Earnings Results: Elon Musk suggested getting into the lithium business, and these surging stocks show why
Market Watch - 5 May 2022 01:40
Lithium is becoming a lucrative business as electric vehicles become more prevalent, and miners are enjoying the rewards.
Wi-Fi 7 gears up for enterprise deployment
Venture Beat - 5 May 2022 01:40
Qualcomm's release of new Wi-Fi 7 products provide additional bandwidth and improved connection resiliency, the company claims.
Bally's CEO to meet with Mayor Lightfoot to finalize Chicago casino choice, but opposition from neighbors remains strong
Chicago Tribune - 5 May 2022 01:38
Bally's CEO Soo Kim arrived in Chicago Wednesday to meet with Mayor Lori Lightfoot and finalize her choice for the city's casino.