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Business News

Location American Business News for 25 May 2022
Dyson is developing technology to put its at-home assistant robots into people's homes by the end of this decade.
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After Dismal Performance Last Month, L'Oreal Stock Looks Set To Rebound L'Oreal stock (OTCMKTS: LRLCY) is down 14% in the past month (21 trading days), underperforming the S&P 500 which was down 8.5%.
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Some bipartisan bills on cannabis have already passed both chambers.
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"The filibuster is the only thing that prevents us from total insanity," he said. Congress hasn't passed a bill to address gun violence in years.
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Wendy's Largest Shareholder Explores Burger-Chain Deal

Wall Street Journal - 25 May 2022 04:09
Wendy's Largest Shareholder Explores Burger-Chain Deal Trian Fund Management said it is weighing possible transactions to acquire control of the company.
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Warner Bros. Discovery and Brightline Create 2 New Streaming Ad Formats for Upfront Warner Bros. Discovery said it wanted to be a streaming-centric company, and the company is expanding its advertising offerings with two new ad formats for Discovery+, in partnership with connected TV technology company ...
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Morton Arboretum pays $5.1 million for adjoining parcel, its first new land purchase in decades A three-bedroom house on 18 acres in an unincorporated area southeast of Wheaton sold to the Lisle-based Morton Arboretum
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Data Powered Marketing: A Framework for Engagement Beverly Jackson, global vp of brand and consumer marketing for Twitter, stopped by Adweek's Social Media Week to share her successful formula for delivering breakthrough marketing campaigns that deliver big results, incl...
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As Starbucks Retreats From Russia, Pressure Mounts on Brands to Do More This week Starbucks joined McDonald's in retreating from the Russian market entirely. However, people still don't feel like brands are doing enough to help Ukraine, as the Kremlin continues to wage its brutal war. What's...
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Guns, Law and the Uvalde Elementary School Shooting

The New York Times - 25 May 2022 16:10
Guns, Law and the Uvalde Elementary School Shooting This could be the mass shooting that leads to significant change -- or it could join the long list of other atrocities that have been followed by policy stalemates.
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Sequoia China-Backed Crypto Financial Services Firm Hits $2 Billion Valuation Babel Finance's latest funding round comes as the crypto market is struggling to recover from the spectacular collapse of TerraUSD and Luna.
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Pixelynx, a new music metaverse gaming platform created by musicians and technologists, revealed the name of its first mobile game - Elynxir
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The investment bank now thinks bitcoin and digital assets should rebound after the great sell-off of 2021 and 2022.
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British software company Access worth £9bn as Singapore takes stake A Loughborough-based software company is close to becoming more valuable than Sage Group, the FTSE-100 technology champion, as it finalises a deal to sell a stake to a Singaporean state investment fund.
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MetaKing Studios has raised $15 million in seed-stage funding to make the blockchain-based massively multiplayer online game Blocklords.
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Pfizer Offers Low-Cost Drugs And Vaccines--Including Covid Treatments--To World's Poorest Countries Pfizer said it would sell its patented medicines and vaccines--including for Covid-19, breast cancer and pneumonia--to low-income countries on a not-for-profit basis.
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Bitcoin 'finally' due for $32.8K as long-term BTC price metric flashes overvalued An uptick to two-week highs is on the cards but longer timeframes still trouble Bitcoin analysis.
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The S&P and the Dow are on track for the worst first 100 trading days since 1970. And for the Nasdaq, it's the worst ever.
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Alation details its data intelligence strategy

Venture Beat - 25 May 2022 06:13
Alation's Open Data Quality Framework (ODQF) opens up Alation Data Catalog to any data quality vendor in the data management ecosystem and modern data stack.
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Singapore's economy expanded at a faster pace in the first quarter of 2022 than previously estimated, mainly due to solid growth in the manufacturing, construction and services-producing industries.
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Fresh-food maker Bolthouse Farms Inc. said it agreed to acquire Starbucks's Evolution Fresh line of juices, which currently are sold in Starbucks cafes and supermarkets.
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Lyft to Pause Some Hiring and Trim Budgets, Citing Economic Slowdown President John Zimmer announced the measures to staff Tuesday.
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