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Business News

Location American Business News for 15 May 2022
Jeff Bezos once again criticizes Biden for high inflation rates, saying in a tweet 'misdirection doesn't help the country' The tweet marks the second time in just a few days that Bezos has taken to the social media platform to air grievances with the Biden administration.
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While stocks and bonds have all plummeted since Jan. 1, a few all-weather portfolios are doing a much better job of preserving their owners' retirement savings.
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The stock market's 'best hope' this year is for companies to return some of their $7.1 trillion cash pile to investors, Bank of America says Companies are also competing for talent, and a falling stock price doesn't help with the retention of employees who have stock-based compensation.
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SEC Commissioner Expects Tighter Stablecoin Regulation -- Yellen Says Stablecoins Not Real Threat to Financial Stability A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently “not a real threat” to ...
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Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A...
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While "trusting your gut" has its place, when prioritizing product decisions, building new features or fixing bugs, data is critical.
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US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including a Potential $1B Ponzi Scheme Officials from the U.S., U.K., Canada, Australia, and the Netherlands have shared data and identified more than 50 crypto-related criminal leads, including one case that could be a $1 billion Ponzi scheme. Officials Shar...
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House Small Business Committee Advances PPP and EIDL Loan Fraud Bills Two of the 7 bills advanced by the House's Small Business Committee deal address fraud in the PPP and EIDL programs.
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World's most valuable company says it is committed to ensuring affordable prices despite "increased volatility" in the oil market.
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Some Minority Workers, Tired of Workplace Slights, Say They Prefer Staying Remote They say it's less painful to deal with microaggressions at home. But they may pay a price for being away from the office.
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How AR and VR are transforming customer experiences

Venture Beat - 15 May 2022 19:20
AR and VR improve the customer experience through personalization, simplifying purchases, and providing enhanced customer service.
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Box Office: 'Doctor Strange 2' Joins $100 Million Losers Club But Nears $700 Million Worldwide 'Doctor Strange in the Multiverse of Madness' dropped 67% in weekend two but still ended the frame with $292 million domestic and $688 million worldwide.
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This 9.2% Monthly Dividend Portfolio Is In The Bargain Bin Every legendary investor worth their salt has some sort of phrase to describe what investors should be doing right this very minute...
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Student Loan Cancellation: New York Times Says Canceling Student Loans For Everyone Is A Another major hit for student loan borrowers.
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Investors Stay Put, Because They Can't Think of Better Options

Wall Street Journal - 15 May 2022 16:00
Even the worst markets are supposed to have havens. Some unnerved investors are wondering if this one doesn't.
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Behind Fake-Account Issue Musk Cited for Pausing Twitter Deal

Wall Street Journal - 15 May 2022 15:00
Behind Fake-Account Issue Musk Cited for Pausing Twitter Deal Social media has grappled with phony accounts for years, raising questions about why Tesla CEO Elon Musk is talking about them again now.
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Saudi Aramco Posts Record Quarterly Profit on Surging Oil Prices The world's most valuable company said its net income surged 82% to $39.5 billion in the first three months of 2022.
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Saturday, May 14. Russia's War On Ukraine: News And Information From Ukraine Dispatches from Ukraine, provided by Forbes Ukraine's editorial team.
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Biden's got no quick fix tilting at windmill power instead of US oil President Joe Biden insists promoting his green new deal agenda will pull the country out of its inflation crisis - while still denying he started it, Charles Gasparino writes.
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5 key concepts for converting to a platform business

Venture Beat - 16 May 2022 01:20
Business leaders across all sectors can learn from the experiences of tech giants to transition from a linear to a platform business model.
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Sunday, May 15. Russia's War On Ukraine: News And Information From Ukraine Dispatches from Ukraine, provided by Forbes Ukraine's editorial team.
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Can Small Businesses Adapt Their Supply Chain With Current Challenges? 2021 brought rising shipping and oil costs and major supply issues, largely driven by shipping disruption, container shortages, COVID staffing challenges and Brexit red tape.
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