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Business News

Location American Business News for 16 August 2022
Logitech MX Mechanical Keyboard review: A productivity booster aimed at the office crowd The Logitech MX Mechanical is a well-built, low-profile mechanical keyboard perfect for office use that's available in two sizes and your choice of three switch types made by Kailh.
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FDA approves sale of over-the-counter hearing aids

New York Post - 16 Aug 2022 21:07
FDA approves sale of over-the-counter hearing aids The aids will be available directly from stores or online without a medical exam, prescription or fitting adjustment by an audiologist.
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Trailer Park Group is buying Dark Burn Creative, which has more than 110 people making triple-A game trailers.
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With Data Centers Expanding, Semiconductor Startup Astera Labs Is On Track For $100 Million In Revenue This Year While working at Texas Instruments, Astera Labs' founders had the idea for a new chip business to remove bottlenecks throughout data centers. It wasn't a glitzy idea, but they hit on an enormous opportunity.
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YouTube Building A One-Stop Streaming Video Store YouTube continues to expand out if its core free video offering.
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JPMorgan Boss Jamie Dimon Warns 'Something Worse' Than a Recession Could Be Coming JPMorgan CEO Jamie Dimon has shared his predictions for the U.S. economy, including a chance of “something worse” than a recession. “There are storm clouds,” the executive said, citing interest rates, QT, oil, Uk...
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Spending $276M in Ether -- Colossal Ethereum Whale That Participated in the Genesis ICO Transfers 145,000 ETH After three years of dormancy, a massive ethereum whale that participated in the project’s first token sale, also known as the Genesis initial coin offering (ICO), spent 145,000 ether worth just over $276 million using...
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Carhartt Teams Up With Snap to Outfit Bitmoji in Workwear Snapchatters can outfit their Bitmoji in workwear from Carhartt following a partnership between the apparel brand and Snap Inc. Bitmoji will sport Carhartt gear including its BO1 Double Front Pants, Detroit Jacket, Duck ...
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A water company is shaming the Hamptons' uber-rich for using over 100 times more water than the average American amid water shortage The SCWA called for homeowners to cut back on shower times and lawn watering as wealthy Hamptons residents used millions of gallons of water per year.
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The Russians Want Pisky. The Ukrainians Want Pisky. Neither Army Has Enough Troops For A Quick Victory. A tiny ghost town just north of Donetsk in eastern Ukraine for weeks has been a meatgrinder for the Ukrainian troops defending it--as well as for the Russian troops trying to capture it.
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Drought Devastates U.S. Cotton Harvest

Wall Street Journal - 16 Aug 2022 15:31
Cotton prices are rising as a punishing drought forces farmers to abandon their crops.
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UN Agency Urges Authorities to Curb Cryptocurrency Expansion in Developing Countries A United Nations trade body has recommended a set of policy actions to “curb the expansion of cryptocurrencies in developing countries.” The intergovernmental group stressed that if cryptocurrencies become a widespre...
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Russia has slashed the flow of natural gas to Europe, and now governments there are worried that other sources of energy could fail to deliver.
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The kingdom is enjoying its strongest financial situation in years as a result of windfall revenue from high oil prices.
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Google is teaching robots to think for themselves

Fast Company - 16 Aug 2022 14:00
Google is teaching robots to think for themselves Giving a robotic assistant a broad-based understanding of how to be helpful at home or work isn’t easy. But Google researchers are making progress. I’m standing in a kitchenette at a Google office in Mountain View, C...
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Zee Studios to release new film 'Middle Class Love' on 16 September A number of mid-sized films are looking to cash in on the post-covid demand, as smaller films are critical for both actors as well as the exhibition sector.
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Russian Banks to 'Start Handling Digital Ruble by 2024' A Russian central bank digital currency (CBDC) could be around the corner, with commercial banks in the country now being told by the central bank to prepare to handle a digital ruble within the next two years. According...
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Two more California Starbucks stores go on strike, joining Santa Cruz workers at the picket line Starbucks stores in Lakewood and Barstow are the latest to strike and demand that the Seattle coffee giant end its unfair labor practices.
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Analysts said the $1,800 per ounce level is shaping up to be a source of critical resistance.
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Smith & Wesson's CEO said the company isn't to blame for rising violence, just two weeks after getting subpoenaed by the US House Oversight Committee.
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Judge refuses to toss financial aid lawsuit against top colleges The schools' lawyers have argued that their clients' discussions about financial aid policy were exempt from US antitrust liability.
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Traders flinch after Ethereum price rejects at $2,000

Coin Telegraph - 16 Aug 2022 02:15
Traders flinch after Ethereum price rejects at $2,000 Data shows pro traders are slightly skeptical of the strength of Ethereum's rally after ETH price sold off at the $2,000 resistance.
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