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Business News

Location American Business News for 26 May 2022
Earnings Preview: What To Expect From Zscaler On Thursday Earnings Preview: What To Expect From Zscaler On Thursday. Here's a closer look.
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JPMorgan Sees 'Significant Upside' to Bitcoin -- Replaces Real Estate With Crypto as 'Preferred Alternative Asset' JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrenc...
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Reimagining Beauty in the Experience Economy As one of the most defining brands of the last decade, Glossier has built a new kind of people-first, digital-centric beauty experience. With a passionate global community that is just as eager to visit a Glossier store,...
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The FTC says it will 'fully enforce the law' against baby formula sellers who are price gouging parents FTC Chair Lina Khan said the agency would "fully enforce the law against anyone who deceives, exploits, or scams" families attempting to buy formula.
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Exclusive: Camille Kostek On Partnering With Rowdy Energy, SI Swimsuit Issue, And More Model, TV personality and entrepreneur, Camille Kostek has joined Rowdy Energy as Chief Wellness Officer for the company's new calorie-burning product line, Power Burn.
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Data Centers Are Dinosaurs: Equinix & Digital Realty Trust Bulls have long argued that data center operators, given their ties to data usage and the internet, deserve premium valuations. We disagree.
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New U.S. jobless claims fell by 8,000 last week to 210,000, signaling that layoffs remain extremely low and the economy is still expanding despite more headwinds.
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A knack for data and analytics, paired with growth mindset, is key to success at the consultancy, Paul Knopp told Insider at the World Economic Forum.
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Gold futures edged lower on Thursday while the rest of the precious metals complex moved modestly higher and the dollar extended its recent pullback against its main rivals.
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Manta, a date lineage platform that helps enterprises visualize the flow of data through the organization, raises $35 million.
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Oil prices move higher Thursday, buoyed by tight supplies of U.S. crude and gasoline ahead of the start of summer driving season.
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Broadcom to Buy VMware for $61 Billion

Wall Street Journal - 26 May 2022 15:41
Broadcom to Buy VMware for $61 Billion The cash-and-stock deal marks the biggest bet yet that the boom in enterprise software demand will endure despite the economic tumult.
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Pfizer says it will no longer make a profit from selling its patented drugs to 1.2 billion people in 45 low-income countries Pfizer will sell 23 drugs used to treat infectious and inflammatory diseases, cancers, and coronavirus at cost to low-income countries.
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For Seqirus, mRNA Offers The Next Big Breakthrough In Flu Vaccines COVID's mandates made the technology controversial, but mRNA offers vaccine-makers new tools to fight age-old diseases too.
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Terra now plans an airdrop of new luna starting Friday, but wallets with more than 1 million of older luna or UST are likely to wait more than a year.
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Family-owned fragrances retailer Bodycare plots sale A family-owned fragrances retailer founded on a Lancashire market stall more than half a century ago has appointed advisers to explore a sale.
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Russian gas tycoon's $150 million luxury yacht reappears 2 weeks after switching off its tracking signals, data shows The only reasons that the yachts would turn off trackers are if they don't want to be found or want to create confusion, Spire COO John Lusk said.
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Monte Carlo will use aninfusion of new capital to continue improving experiences for its hundreds of customers, scale the data observability category to new verticals, and grow its U.S. and EMEA go-to-market and engineer...
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US Senator Cruz 'Incredibly Bullish' on Bitcoin -- Says 'I Have a Weekly Buy' U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontroll...
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Mining Billionaire Robert Friedland's Ivanhoe Electric Seeks Dual Listing In New York, Toronto Billionaire Robert Friedland plans to list his Ivanhoe Electric Inc. in New York and Toronto as the mining tycoon aims to bankroll the development copper mines in the U.S. that will supply raw materials needed to build b...
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Baristas at two Chicago Starbucks become the city's first to unionize The votes at stores in Chicago's Edgewater and Edgewater Beach neighborhoods make those employees the first Starbucks workers in the city to unionize.
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This founder just listed his NFT company on a Toronto stock exchange with a valuation over $17 million. Here's why he thinks it's a good time for crypto firms to go public. NFT Technologies went public on the NEO Exchange in Toronto, despite the market downturn. Here's why co-founder Mario Nawful thinks it is a good idea.
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