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Business News

Location American Business News for 23 August 2022
EV-maker joins other megacap companies that have split their stocks this year to make ownership more accessible to individual investors.
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Jeff Gardiner from Bethesda Game Studios has started Something Wicked Games to make an open world role-playing game.
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'House Of The Dragon' Stars Cast Themselves As 'Sesame Street' Characters Matt Smith would like Daemon to be played by Big Bird, but Milly Alcock thinks Count Von Count is more fitting. Here's all the Sesame Street characters the cast of House Of The Dragon would like to have play them in a pa...
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Concerts Have Always Left Hidden Wastelands. This Music Festival Puts Sustainability on the Main Stage Since the dawn of the modern music festival, environmental sustainability has been a challenge for the sprawling events. At the iconic Woodstock Music and Art Fair in 1969, attendees left mountains of trash--the impacts ...
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Scalenut Raises $3.1m For Automated Content Creation Platform Scalenut helps creators develop content more quickly as businesses seek to scale their brand
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Student Loan Forgiveness: Biden Reportedly Eyes $10,000 Debt Relief For Borrowers Under Income Threshold The program--which would forgive student debt for Americans who earn under $125,000 per year--may be unveiled as early as this week, ahead of a looming deadline for student loan payments to restart, according to CNN.
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Musk's Lawyers Seek Documents From Former Twitter Chief Dorsey

Wall Street Journal - 23 Aug 2022 03:08
Musk's Lawyers Seek Documents From Former Twitter Chief Dorsey The subpoena is the first sign that the social-media firm's co-founder will be an official part of the legal fight over the Tesla CEO's $44 billion takeover deal.
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New Updates to the Ads.Txt Protocol Aim to Further Distinguish Owners From Operators The IAB Tech Lab released a series of new specifications to its ads.txt and sellers.json protocols. It's the latest effort from the consortium to reduce ad fraud in the digital advertising ecosystem. First introduced in ...
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Have you avoided looking at how much you owe in student loans? Here's what would happen if the freeze on student loans is lifted and you didn't pay.      
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U.K. Team Launches First Trial Of Monkeypox Antiviral Drug Researchers hope the drug, known as tecovirimat or TPOXX, will help speed recovery of those infected with monkeypox, for which there is no proven treatment.
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UK economy edges closer to stagnation with factory slump UK private sector growth has moved closer to stagnation as it slowed to a new 18-month dragged down by a slump in factory output, latets data indicates.
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Companies are cutting back on maternity and paternity leave Many employers dial down how much paid time off they give new moms and dads
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Warren Buffett pivots to U.S. Treasuries -- a bad omen for Bitcoin's price? Berkshire Hathaway now allocates 60% of its cash portfolio to T-bills, leaving individual investors with the potential to mirror a similar strategy.
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Coffee shops are now charging almost $5 on average for a cup of coffee. Inflation and drought could push prices even higher. Despite the price increases for to-go coffee, customers haven't cut back, at least at chains like Starbucks.
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PwC worker lost part of his skull after taking part in a drinking game at a work event and is suing the company for more than $235,000, reports say The 28-year-old employee, Michael Brockie, claimed a drinking game left him "so intoxicated" that he sustained a "moderate-severe brain injury."
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Can rule-based multi-asset strategy beat traditional fixed-income approach? Investors should avoid big changes to asset allocations that differ from long-term risk-based targets. Given the external risks and their potential impact, investing in a staggered manner may help iron out market extreme...
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A Gas Shortage Could Crunch Beer Bottles Too

Wall Street Journal - 23 Aug 2022 14:46
Ever since bars and restaurants reopened after pandemic lockdowns, Europe's glass furnaces have struggled to keep up with demand for bottles. Now tensions with the Kremlin could add to the crunch.
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You may soon be asked to take a pay cut to keep working from home Some bosses consider telework as a benefit. Many workers don't see it that way but are willing to accept a lower salary, up to a point.
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The hot seller's market in recent years prompted buyers to go above and beyond to seal the deals on their prospective homes, a recent survey finds.
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Snapchat+: How to Turn Off Your Story Rewatch Count Snap Inc.'s Snapchat+ subscription service gives subscribers access to a variety of exclusive and experimental features on the social networking platform. One of these features allows Snapchat+ subscribers to see when fr...
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An owner of Russia's rebranded Starbucks says it's a 'totally different' brand — even though its logo and menu are eerily similar to the American chain's Russia's new Stars Coffee sells frappuccinos, writes customers' names on their cups, and has a logo remarkably similar to Starbucks'.
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Will Tesla Stock Rally Further Post Its Split? Tesla stock has gained almost 9% over the past month, outperforming the broader S&P 500 which rose about 6% over the same period.
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