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Business News

Location American Business News for 4 June 2022

Kaser Focus: Resident Fantasy 6

Venture Beat - 4 Jun 2022 02:44
The games industry finally revealed more about RE4-make, Street Fighter 6 and Final Fantasy XVI in an excellent State of Play.
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American is the latest carrier to take action to better manage the pilot shortage, particularly as airlines prepare for a busy summer travel season.
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'Tiger King' Star Doc Antle Remains Jailed After Arrest On Charges Related To Money Laundering Antle is already facing two felony wildlife trafficking charges and 13 other misdemeanor charges in a separate case in Virginia.
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Minneapolis agrees to pay $600,000 to journalist Linda Tirado, who lost an eye covering a 2020 Black Lives Matter protest Journalist Linda Tirado told Insider that she hopes the settlement teaches police "there will be consequences if you go out and shoot civilians."
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Rivian's Great EV Expectations Meet the Harsh Reality of Manufacturing The electric-truck startup, which ranked among the world's most valuable auto makers several months ago, is struggling to master the nuts and bolts of production. "We know this is hard."
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Student Loan Forgiveness Of $50,000 Gets Renewed Push New push for $50,000 of student loan forgiveness.
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Watch As A Russian 'Flamethrower' Launcher Opens Fire--And Ukrainian Guns Shoot Back A Minute Later A dramatic duel between a Russian "flamethrowing" rocket launcher and Ukrainian artillery somewhere in eastern Ukraine recently underscores a brutal truth about the fighting along that front, 100 days into Russia's wider...
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Tesla CEO Elon Musk Has 'Super Bad Feeling' About US Economy -- Biden Responds Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the mo...
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The jobs report looked good. Wall Street wasn't happy about it Stocks fell broadly and pulled major indexes into the red for the week as Wall Street focused on the downside of the still-strong U.S. job market.
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Ammonia-Powered Tractors, Why Cutting Air Pollution Boosts Crops And Ford's Big EV Expansion This week's Current Climate, which every Saturday brings you the latest news about the business of sustainability.
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Former Chelsea FC owner's wealth has nearly halved as western sanctions target Russian business figures with ties to Vladimir Putin.
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Small Business Grants Support Rent, Technical Assistance, Employee Retention There are many grant programs available for businesses in various industries and markets. Here are a few to consider this week.
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Therapy Everyone Can Afford

The New Yorker - 4 Jun 2022 14:00
Therapy Everyone Can Afford For only pennies per cyber-session, you can connect directly with one of our many license-adjacent counsellors.
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Tesla Could Have A Working Humanoid Robot By September 2022 Elon Musk has delayed this year's Tesla AI Day by a month, because he might have a prototype of the Tesla Optimus humanoid robot to show off by then.
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South Korea ramps up crypto investigations and regulations South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.
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Morgan Stanley lays out why it thinks inflation is cooling — which should ease investors' fear of an extreme 1970s-style shock "Now this story may be changing again — away from inflation and back towards growth." strategist Andrew Sheets said, explaining why inflation could moderate.
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Adam Neumann and the Future of Crypto

Wall Street Journal - 4 Jun 2022 08:00
Adam Neumann and the Future of Crypto WeWork's infamous ex-CEO co-founded a darling of the Web3 scene, which has recently been tested by falling cryptocurrency prices. True believers think the real problem is existing securities regulations, not the logic th...
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Female-Led Latino Media Network Launches With $60 Million Acquisition Of TelevisaUnivision Radio Stations Stephanie Valencia and Jess Morales Rocketto raised $80 million - one of the largest capital raises of a Latina owned and operated startup in the U.S. to launch the company.
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Feeling forgetful? Here are 5 easy ways to improve your memory according to science Let’s go to the neuroscience: five specific tricks to improve memory and recall things better. When you forget things, you fall short: Read Full Story
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Cerebral CEO Blames Market Conditions For Impending Layoffs As Company Faces DOJ Investigation Into Prescribing Practices The SoftBank-backed startup, valued at $4.8 billion last year, has told employees to expect notice of layoffs by July 1.
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Stellantis to Pay $300 Million to End an Emissions Case

The New York Times - 4 Jun 2022 02:16
Stellantis to Pay $300 Million to End an Emissions Case The carmaker's U.S. division, formerly Fiat Chrysler, was accused of trying to evade federal standards. It pleaded guilty to a conspiracy charge.
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Defi Educator Says $22 Billion in ETH 2.0 Funds Won't Be Liquid Immediately After PoS Transition As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s e...
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