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Business News

Location American Business News for 7 July 2022
Wife of John Paulson demands $1B in divorce, alleges 'secretive web of trusts' Jenny Paulson, 50, claims her soon-to-be-ex-husband created and concealed three trusts worth billions of dollars while the couple was married.
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The 26 best Amazon Prime benefits in 2022, including exclusive discounts and free Grubhub memberships Amazon Prime unlocks all sorts of benefits. And at $139 a year, you should use as many of them as you can to get the best bang for your buck.
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Elon Musk's Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accept...
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Rapper Fontrell Antonio Baines, or "Nuke Bizzle," released a music video titled, "EDD," in 2020. "I done got rich off of EDD," he rapped.
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JPMorgan is trying to squash talk about its internal employee tracking systems after a report from Insider left staffers feeling "betrayed."
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Samsung Electronics Co.'s string of record results is expected to end, as the global tech boom slows amid rising inflation and economic uncertainties.
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How Ged Lawyers Is Taking On Corporate America - And Winning Glen Ged believes investment in technology and commitment to openness can help law firms prosper
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A GOP candidate is running a campaign to 'make rifles great again,' complete with a video of him toting a rifle to scare off people dressed in KKK outfits In the video, Jerome Davison, a GOP candidate running in Arizona, baselessly touts the need for guns to fend off "angry Democrats in Klan outfits."
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Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been ...
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A data management specialist must organize the files, curate the databases, synchronize the feeds and otherwise build trust in data.
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Developer Iron Galaxy's co-CEO Chelsea Blasko and DEI leader Rejess Marshall speak to their company's treatment of LGBTQ+ employees.
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If you haven't yet embraced artificial intelligence (AI) and machine learning (ML) in your operations - or plan to embrace them - it's time to get started.
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Where visitors land -- and the experience they have on landing -- has a very big impact on the success of an ecommerce site.
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We're still stuck in a semiconductor shortage, but the secondary market can help We’ve learned the hard way that a missing 10-cent chip can delay production on a $30,000 car. Supply-chain bottlenecks and the shift by consumers during the past 27 months to goods from services have combined to create...
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Rajeev Misra to Step Back From Top Executive Role at SoftBank

Wall Street Journal - 7 Jul 2022 16:32
Rajeev Misra to Step Back From Top Executive Role at SoftBank Misra, who runs SoftBank's giant venture-investing arm, plans to run a new outside investment outfit, according to a company memo.
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91% Indian sellers aim to expand business globally, says report Many Indian cross-border businesses have undergone a fast-paced digital transformation and contributed to surpassing the government-set $400 billion export target this year
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Reddit Introduces Blockchain-Backed Collectible Avatars Blockchain-backed Collectible Avatars have arrived on Reddit. The platform explained in a blog post Thursday, "About two years ago, we launched a new and improved Avatar Builder, allowing anyone to generate and customize...
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Layoffs at a major student-loan company created 'panic' among some employees: 'People were being fired and removed without a word' Two Nelnet workers worry more layoffs are due as the company braces for student debt forgiveness: "Nobody feels like they have job security anymore."
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With Recession Fears Mounting, How Is Our Inflation Theme Doing? Our theme of Inflation stocks - which predominantly includes companies from the banking, insurance, consumer staples, and oil and gas sectors - has declined by about 8% over the last month, marginally underperforming the...
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Memory-Chip Prices Fall From Pandemic Highs

Wall Street Journal - 7 Jul 2022 15:49
Memory-Chip Prices Fall From Pandemic Highs The average contract price for a major type of memory fell by 10.6% in the second quarter and prices are expected to decline even more in the coming months.
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The chief economist and market strategist at MKM Partners says, historically, stocks rally after multiples sharply compress.
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Oil futures steady Thursday after a two-day rout that sent the U.S. benchmark below $100 a barrel and into a bear market.
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