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Business News

Location American Business News for 28 August 2022
Why you shouldn't scoff at Biden debt relief just because you paid yours off Biden's student loan forgiveness plan sparked fierce debate, but change can't happen if we only approve policies that benefit everyone.      
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What to know about Biden's student loan plan.

USA Today - 28 Aug 2022 04:59
What to know about Biden's student loan plan. Biden's plan offers up to $20,000 in student loan forgiveness, including pell grants, and repayments based on discretionary income.      
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The Good News And The Bad News About Netflix's Ad-Supported Subscription Tier Netflix is moving ahead with ads for a new pricing tier that's more expensive than subscribers hoped.
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These tech gigs pay well even if you're not a hardcore geek Tech skills don't have to be extraordinary to be valuable. Indeed, you can make a great living designing simple websites or emails for small businesses.
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Airlines Keep Flight Cuts, Other Curbs as Industry Woes Linger

Wall Street Journal - 28 Aug 2022 16:00
Airlines Keep Flight Cuts, Other Curbs as Industry Woes Linger Carriers and airports around the world are sticking with their recovery playbook through the fall and winter, attempting to steady operations after a wild summer of global travel disruptions that shows signs of easing.
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Volkswagen is stockpiling windshields and brewers are bulk-buying beer bottles amid a looming European glass shortage, report says The German car maker and a beer maker are among the companies taking unusual action to cope with a potential supply chain issues as energy costs soar.
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I flew on Europe's infamous low-cost airline Ryanair from London to Sweden and the cheap fare was worth the hassle Ryanair is Europe's largest carrier by passenger volume, but it continuously ranks as one of the worst airlines in the world.
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MakerDAO co-founder recommends DAI-USD depegging to limit attack surface While revealing the protocol's inability to comply with regulators, Christensen suggested that "we must choose the path of decentralization."
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Managers freaking out over 'quiet quitting' shows some bosses are out of touch and have always expected their employees to work extra Workers are "quiet quitting" — which just means doing their jobs as written. And yet, it's caused huge pushback.
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Trove of ancient gold rings buried with 'extremely rich' woman who lived 6,500 years ago discovered in Romania An excavation in Romania discovered a woman's Copper Age grave, which included 169 gold rings, 800 bone beads, and an ornate copper bracelet.
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One Man's Dream of Fusing A.I. With Common Sense

The New York Times - 28 Aug 2022 13:00
One Man's Dream of Fusing A.I. With Common Sense Artificial intelligence systems can process vast amounts of data in seconds, but they can't make sense of the world or explain their decisions. David Ferrucci wants to change that.
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Latvian Extradited to US for Wire Fraud Involving Crypto Investments A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn ...
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Binance to Help South Korean City of Busan Grow Crypto Adoption, Develop Blockchain Ecosystem Binance is helping the South Korean city of Busan “grow crypto adoption within the city and beyond.” The global crypto exchange will also support the development of the city’s blockchain ecosystem and the Busan Dig...
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Furman observes that the U.S. inflation outlook is not 'dire or insurmountable,' despite the 'persistence' of wage and price pressure.
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Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted th...
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Liz Truss ponders 5% VAT cut amid cost of living crisis Tory leadership frontrunner understood to have discussed move, with final decision coming after contest ends Liz Truss is considering whether to reduce VAT by 5% across the board, which could save families £1,300 a year...
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Amid Ethereum's Merge, Cardano Founder Charles Hoskinson Says ADA's Vasil Fork Is Coming Soon Cardano founder Charles Hoskinson detailed on Friday that the Vasil hard fork is coming soon and noted that it may occur “sometime in September.” The crypto asset’s upgrade has been overshadowed by the upcoming Eth...
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Bitcoin Drops Below USD 20,000

Crypto News - 28 Aug 2022 19:07
Bitcoin Drops Below USD 20,000 The number one cryptoasset per market capitalization, bitcoin (BTC), took another dip below USD 20,000 today. At 15:00 UTC on Sunday, BTC was trading at USD 19,888. Prior to this slight recovery, it had dipped to USD 19,...
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The Office's Last Stand

The New York Times - 28 Aug 2022 13:00
The Office's Last Stand It's either the end of the era of flexibility around where work takes place -- or the beginning of outright rebellion.
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The Food and Drug Administration is expected to authorize new COVID-19 booster shots this week without a staple of its normal decision-making process: data from a study showing whether the shots were safe and worked in h...
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Sen. Ron Johnson goes after FBI over alleged 'suppression of the Hunter Biden laptop': 'Joe Biden would not be president' "Had the American public known the corruption of the Biden family and Hunter Biden, Joe Biden would not be president," Sen. Johnson said.
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Fully automated, an XDR system replaces the detection and investigation processes previously carried out manually by internal resources.
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