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Business News

Location American Business News for 13 July 2022
Former Tribune opinion columnist John Kass purchases Indiana home for nearly $300,000 John Kass, a former Tribune columnist who currently hosts the WGN Radio podcast "The Chicago Way," has purchased a home in Indiana.
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Starbucks to close six Los Angeles stores, citing safety concerns Starbucks cited safety issues including drug use and threatening behavior in saying it would close 16 stores in major cities across the U.S.
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Google will be slowing its pace of hiring for the rest of 2022. It'll focus on hiring engineering, technical and other "critical roles" through 2023.
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Roll20 and OneBookShelf are teaming up to augment the former's PDF support, making a bigger combined platform.
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LIVE: 160+ best Amazon Prime Day 2022 deals on Apple AirPods Pro, Samsung TVs, Vitamix Amazon Prime Day 2022 is live! Shop 160+ best Prime Day deals on Apple AirPods Pro, Apple Watch 7, iRobot vacuums, LG TVs and more today, July 12.      
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Fabrice Navrez of Ubisoft believes the time has come for triple-A free-to-play games on mobile like The Division: Resurgence.
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Gaby Portnoy, new DG of Israel's Cyber Directorate, announced the Cyber-Dome project -- a collaborative approach to proactive cyberdefense.
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Volatility in Bonds Deepens After Inflation Report

Wall Street Journal - 13 Jul 2022 19:26
Fresh evidence of accelerating inflation rattled bond markets anew, sparking large swings in Treasury yields as traders grappled with the potential for more aggressive interest-rate increases.
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MeetKai is a conversational AI company that has expanded into building a real-world metaverse, starting with a billboard in Times Square.
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Former Tribune opinion columnist John Kass purchases Indiana home for nearly $300,000 John Kass, a former Tribune columnist who currently hosts the WGN Radio podcast "The Chicago Way," has purchased a home in Indiana.
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Sega Genesis Mini 2 is coming to North America

Venture Beat - 13 Jul 2022 21:19
Sega announced today that the Genesis Mini 2 will release in North America on October 27. The first Genesis Mini came out in 2019. This new version of the micro console features a design based on the sleeker, second vers...
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Insurance exec's $12M purchase of Lincoln Park mansion marks Chicago's fourth priciest single-family home sale An insurance executive and his wife paid $12.55 million in December for a six-bedroom, 8,000-square-foot mansion in Lincoln Park
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Many ecommerce organizations have found the hybrid cloud solution the best way to stitch together their most essential solutions.
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Tribute Games announced today that Teenage Mutant Ninja Turtles: Shredder's Revenge has reached the 1 million sold milestone.
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Scandinavian Airlines resumes negotiations with pilot unions, a week after strike action grounded thousands of flights The airline canceled 242 flights on Wednesday, 74% of its total schedule, according to flight-tracking site FlightAware.
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I'm an Amazon influencer. Amazon ranks us — and competition among 'A-listers' like me can be toxic. Gracey Ryback quit her job during the pandemic to market Amazon products on TikTok, including Prime Day deals.
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Surging gasoline prices last month drove the rate of U.S. inflation to a nearly 41-year peak of 9.1%, offering little hope of help soon for Americans suffering from a high cost of living.
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Wednesday's consumer price index data showed a 9.1% rise in prices year-over-year, above the expected 8.8%, and the hottest rate since November 1981.
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Delta Reports $735 Million Quarterly Profit on Growing Demand

The New York Times - 13 Jul 2022 17:24
Delta Reports $735 Million Quarterly Profit on Growing Demand The airline foresees continued strength heading into the fall, even with less capacity than it had before the pandemic.
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Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.
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What You Lose with Your New strategy

Harvard Business Review - 13 Jul 2022 16:25
Changing your strategic priorities will inevitably come with downsides. Here’s how leaders can address those losses head on.
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This new startup aims to build the first 'decentralized, physical museum' Arkive will buy artworks selected by its members and lend them to existing museums around the world for display. An organization called Arkive, which launched out of stealth mode on Wednesday, aims to use the power of th...
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