Business News
Twitter stock plunges 25% in premarket after Elon Musk says $44 billion buyout deal is on hold
Business Insider - 13 May 2022 15:17
Elon Musk tweeted to say the $44 billion Twitter deal had been paused, pending more details about fake accounts on the social media website.
Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum stock, boosting its bet on the energy giant to about $7.5 billion
Business Insider - 13 May 2022 14:51Warren Buffett-Backed Nubank Launches Crypto Trading -- Holds Bitcoin on Balance Sheet
Bitcoin.com - 13 May 2022 03:30
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, has launched cryptocurrency trading. Starting with bitcoin and ether, the bank explained that its 54 million customers can “buy, hol...
Global stocks bounce back after volatile week as Fed chair Powell's comments prop up risk appetite
Business Insider - 13 May 2022 14:52Terra Blockchain Halted Again as Validators Search for 'Plan to Reconstitute It'
Crypto News - 13 May 2022 14:18
The Terra (LUNA) blockchain has been halted by network validators for the second time, after saying on Thursday that block production had been resumed again. Despite the network halt, the token continues to be traded on ...
NPR's Peter Sagal, host of 'Wait Wait...Don't Tell Me!', sells Oak Park home for $505,000
Chicago Tribune - 13 May 2022 06:32
Peter Sagal, the host of the National Public Radio game show "Wait Wait...Don't Tell Me!," sold his four-bedroom stucco house in Oak Park
California's minimum wage will rise to $15.50, triggered by soaring inflation
L.A. Times - 13 May 2022 02:05Samsung Creates a Roblox Experience with Charli XCX in Latest Metaverse Experiment
AdWeek - 13 May 2022 20:45
Samsung is teaming with pop star Charli XCX for its latest foray into the metaverse with a new Roblox game and concert experience. The activation tasks players with building and performing on their own custom stages with...
: The clock is running out for Congress to pass Big Tech antitrust bills this year
Market Watch - 13 May 2022 15:47
With a midterm election looming in the fall, and both houses of Congress about to take an extended break in August, the prospect of antitrust legislation is dimming. Policy experts deem the next three months a "jump ball...
You can rent a 'bunk bed pod' in the Bay Area with 13 people for $800 a month
New York Post - 13 May 2022 02:28
Brownstone Shared Housing posted an ad for anyone looking to live in Palo Alto, the birthplace of Silicon Valley and the home of Stanford University.
Thinx and Mischief Partner for a Campaign That Gets Uncomfortable on Purpose
AdWeek - 13 May 2022 23:47
According to a recent study by absorbent underwear brand Thinx and Ipsos' U.S eNation, 60% of Americans think that "moist" is the most cringeworthy word in the English language. The word "panties" is not far behind, mana...
Donald Trump's longtime appraisers say NY AG Letitia James is violating their clients' privacy — but what she really wants to probe is them
Business Insider - 13 May 2022 05:02: Soros fund doubles down on Rivian bet, buys stakes in Lucid, Nio
Market Watch - 14 May 2022 01:55
Billionaire George Soros's investment fund has doubled down on its bet on Rivian Automotive Inc. and taken new positions on EV makers Nio Inc. and Lucid Motors Inc., according to a filing late Friday. The fund sold off i...
How to get the YouTube or YouTube TV app on Roku to stream your favorite shows and playlists
Business Insider - 13 May 2022 21:37: Why at-home COVID-19 tests may limit the way the U.S. tracks new cases
Market Watch - 13 May 2022 16:00
The majority of people in the U.S. who are testing positive for the virus right now likely aren't being included in official case counts.
Toshiba Shareholder Payday Still Has One More Hurdle: Tokyo
Wall Street Journal - 13 May 2022 14:18
After years of delays and deflections, Toshiba management has finally agreed to consider selling the company. But Tokyo will still have the ultimate say.
Investors Face a World Where Stocks No Longer Reign
Wall Street Journal - 13 May 2022 13:30
The age-old mantra of "there is no alternative" to stocks gets a stiff test as market losses mount, inflation accelerates and interest rates rise
Dow Jones Newswires: Hong Kong spends another $365 million to defend currency peg
Market Watch - 13 May 2022 04:59
The Hong Kong Monetary Authority had now sold about US$1.09 billion this week to stop the local currency trading beyond the weak end of its permitted range of 7.75 to 7.85 Hong Kong dollars per U.S. dollar.
Chelsea Secures First Crypto Shirt Sponsor in USD 24M Deal
Crypto News - 13 May 2022 04:00
Shortly after the UK seized the club from sanctioned Russian oligarch Roman Abramovich and a group of investors paid GBP 2.5bn (USD 3.1bn) for his shares, Chelsea FC is teaming up with digital asset investing platform Wh...
The Wall Street Journal: This company has replaced Apple as the most valuable in the world
Market Watch - 13 May 2022 02:20
Earlier this year, Apple Inc. looked like it was on its way to becoming the first $3 trillion company. Today, it's no longer the most valuable company in the world.
Review: 'Firestarter' Is Full Of Smoke And Fury, Signifying Nothing
Forbes - 14 May 2022 01:46Crypto: How a bitcoin market 'in extreme fear' compares with the past, and what to expect next
Market Watch - 14 May 2022 01:46
A 'bloodbath' week may herald the beginning of another crypto winter, some industry participants said.