Business News
Govor agrees to buy all McDonald's in Russia and rebrand them
The Guardian - 19 May 2022 21:11
Alexander Govor pays undisclosed fee after US burger chain pulls out of Russia over invasion of Ukraine McDonald's has reached a deal to sell all its restaurants in Russia to one of its licensees in the country, the busi...
Republican Senate candidate Herschel Walker failed for months to report millions in earnings
Business Insider - 19 May 2022 20:34How Homeowners Can Lock in the Steep Rise in Home Values
Wall Street Journal - 19 May 2022 17:00
For those who don't want to sell, there are strategies to use to hedge against a future decline.
The Wall Street Journal: More U.S. subprime borrowers are missing loan payments
Market Watch - 19 May 2022 16:52
Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end.
Rising costs catch up with Walmart and Target
The Economist - 19 May 2022 13:19
America's big retailers' shares swoon
Oklahoma passes near-total ban on abortions after 'fertilization' that goes even further than Texas' law
Business Insider - 20 May 2022 00:22Warren Buffett's Berkshire Hathaway likely took a $13 billion hit on just 6 stocks during Wednesday's market plunge
Business Insider - 19 May 2022 16:21
Berkshire's stakes in Apple, Coca-Cola, American Express, Bank of America, Kraft Heinz, and Chevron tumbled in value as investors dumped equities.
George W. Bush mistakenly condemned Putin's 'brutal, unjustified invasion of Iraq' instead of Ukraine, then blamed the slip-up on age
Business Insider - 19 May 2022 06:06Tencent Profit Plunges 51% Amid China Covid Surge, Revenue Flat
Forbes - 19 May 2022 03:31Living With Climate Change: Landlords don't have to disclose utility bill costs in rental listings -- here's why that should change
Market Watch - 19 May 2022 19:18
Renters were willing to pay 1.8% more in monthly rent for a more energy-efficient apartment, the American Council for an Energy-Efficient Economy found.
Jack Dorsey's Block hits $1.3B in Q1 profits, $43M in BTC trading revenue
Coin Telegraph - 19 May 2022 17:28
Despite the fact that the Bitcoin price trended down over Q1, the Block ecosystem of payment solutions with Bitcoin in mind performed well.
Virtual stadium developer Virtex closed $3.2M in seed funding
Venture Beat - 19 May 2022 17:00
Virtex, developer of a social VR esports stadium has closed a seed funding round which earned $3.2 million.
Geforce Now bringing Fortnite to mobile with improved controls
Venture Beat - 19 May 2022 17:00
Geforce Now brings Fortnite to it's service. Now players on iOS or Android can play Fortnite with improved controls.
Retailers, Are You Ready to Maximize Your Retail Media Revenue?
Retail Touch Points - 19 May 2022 16:32
With heady revenue predictions for retail media north of $100 billion and with equally impressive growth rates, it's not surprising to see a surge of retailers opening advertising shops in attempts to capture share. But ...
A 'summer of pain' is shaping up for US stocks, with a 45% slide from the S&P 500's top on the cards, Guggenheim's Scott Minerd predicts
Business Insider - 19 May 2022 16:17Block Expects Bitcoin To Disrupt Legacy Payments, Boost Its Business
Crypto News - 19 May 2022 16:14
Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over -- and Block, the payments company formerly known as Square, hopes ...
Under Armour's CEO is stepping down after 2 years leading the sportswear giant
Business Insider - 19 May 2022 16:08
Under Armour's COO Colin Browne will take over from Patrik Frisk as interim president and CEO until the company finds a permanent successor.
Sweet Chick Secure $5 Million Investment In Chicken And Waffles
Forbes - 19 May 2022 16:03How Ford's CEO became a podcaster, with a little help from Tom Brady
L.A. Times - 19 May 2022 16:00
Ford CEO Jim Farley has showbiz in his blood. On "Drive," his new Spotify podcast series, a shared love of cars is the vehicle for conversations with the likes of Tom Brady, Dax Shepard and Jimmy Kimmel.
Kohl's says final sale bids expected in coming weeks; retailer slashes full-year outlook after earnings miss
CNBC - 19 May 2022 15:59
Kohl's joins a growing list of major retailers that have seen logistics and staffing expenses eat into profits amid 40-year-high inflation.
Blackout Warning: Energy Policy Failures May Lead To Summer Blackouts
Forbes - 19 May 2022 14:00Ethereum's Ropsten Testnet to 'Merge' Next Month in Preparation for Proof-of-Stake
Crypto News - 19 May 2022 11:53
Ethereum (ETH)'s Ropsten public testnet, which allows for blockchain development testing before deployment on the mainnet, is estimated to undergo "the Merge" on June 8 in preparation for the main Ethereum blockchain to ...