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Business News

Location American Business News for 10 June 2022
Box Office: Tom Cruise's 'Top Gun: Maverick' Nears $650 Million Worldwide With few live-action tentpoles ('Dominion', 'Thor 4,' 'Nope' and 'Bullet Train') left to challenge it, 'Top Gun: Maverick' could nab legs on par with 'Spider-Man: No Way Home.'
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An airline CEO who suggested pilots should fly while fatigued to help ease the labor shortage has been accused by a union of endangering passenger safety József Váradi, CEO of European airline Wizz Air, drew criticism after he appeared to urge aircrew to go the "extra mile" even if they're fatigued.
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Shares of Chinese internet companies dropped in early Hong Kong trade, extending the sector's heavy losses on Wall Street overnight.
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Janet Yellen says the U.S. is likely to avoid a recession.

The New York Times - 10 Jun 2022 02:52
Janet Yellen says the U.S. is likely to avoid a recession. While the Treasury secretary predicted rising gas prices, she said strong employment and household finances would avert an economic downturn.
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IKEA Unveils 'Updatables' in Unique Bid to Extend Furniture Lifecycle IKEA's new Updatables furniture concept combines AR, AI and machine learning technologies to have the pieces themselves "suggest" updates and improvements through additions of new IKEA parts. Developed by IKEA's independ...
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The Depp v. Heard trial led to huge income boosts for law YouTubers. Here's how much some of the top livestreamers earned. Emily D. Baker, LegalBytes, and Rekieta Law were the top-earning law YouTubers from Super Chat during the six-week Johnny Depp v. Amber Heard trial.
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This Pack From Southern Comfort Lets You 'Bring Your Own Backyard' to Any Party Relaxing in your backyard is one of the great joys of summer. Southern Comfort made it easier to bring that experience wherever you go by launching a limited-edition Bring Your Own Backyard Pack via the Sazerac House web...
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Daily Cartoon: Friday, June 10th

The New Yorker - 10 Jun 2022 18:14
"It's a beautiful day, so I'm going to sit outside with my book and think about everything else I should be doing."
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I tried to use a crypto ATM. Here's what happened and why I won't do it again. I deposited $20 into the crypto ATM and later received $13.22 in bitcoin after fees. Critics of centralized exchanges, however, may prefer using them.
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U.S. stock-index futures extended a fall Friday after an eagerly awaited inflation reading came in much hotter than expected.
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The S&P 500 veered toward a weekly loss before the Federal Reserve meets June 14-15. The Fed is expected to raise rates by another 50 basis points.
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Strong refining margins meant July supplies of Saudi oil were particularly attractive for customers in Asia, Bloomberg reports.
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Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again tradi...
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Insufficient tech doesn't just harm the employee experience - it's also harming their productivity, mental health and the wider business.
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US Inflation for May Hits 8.6%, Above Analysts' Expectations US inflation hit 8.6% in May, up from 8.3% in April and above analysts' expectations. "While almost all major components increased over the month, the largest contributors were the indexes for shelter, airline fares, use...
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Some of Lanai's locals know the Oracle founder wants to make the island sustainable, but he hasn't yet said what his plans involve, per Bloomberg. yet
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Gas prices hit a nationwide average of $5 a gallon for the first time ever in the US, says GasBuddy All 50 states are paying above $4.40 per gallon, and some California cities are paying more than $6.40, with one even seeing about $10.
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Feel the benefit: union workers receive far better pay and rights, Congress finds Study shows unionized workers earn 10.2% more than non-union peers, amid wave of organizing at some of largest US employers Workers represented by labor unions earn 10.2% higher wages than their non-union peers, have bet...
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Bitcoin Lightning Network Capacity charges through 4,000 BTC The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world.
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$5,000 Grants Available from FedEx and US Chamber to Small Businesses for Natural Disaster The U.S. Chamber of Commerce Foundation in partnership with FedEx has announced the availability of $5,000 grants for small business.
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McDonald's, Taco Bell, and other chains are growing their summer menus — see the new items Some chains are debuting new items, while others are bringing back fan favorites.
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HDFC Bank's loan advances cross ₹3 trillion in Maharashtra HDFC Bank has deposits of ₹4.36 trillion in the state, which along with the advances add up to total business of ₹7.64 trillion
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