Business News
Former Bears coach Matt Nagy, who bought a Kansas home in April, sells Lake Bluff house for $4.5M
Chicago Tribune - 2 Sep 2022 22:35
Former Chicago Bears head coach Matt Nagy and his wife, Stacey, sold their six-bedroom, 6,255-square-foot house in Lake Bluff for $4.45 million.
Starbucks Names Reckitt's Chief as Its New CEO
Wall Street Journal - 2 Sep 2022 03:39If You Want This Job, We Must Interview You Forever
The New Yorker - 2 Sep 2022 14:00
We loved your role-play with Benjamin Franklin! We want to hire you, probably.
DC Attorney General Sues Billionaire Michael Saylor and Microstrategy Over Alleged Tax Fraud -- Seeks $100 Million
Bitcoin.com - 2 Sep 2022 03:30
The attorney general of the District of Columbia has sued Microstrategy’s co-founder and executive chairman, Michael Saylor, for tax fraud. The lawsuit also names Microstrategy as a defendant “alleging that it conspi...
Price Cap on Russian Oil Wins Backing of G7 Ministers
The New York Times - 2 Sep 2022 16:56
The proposal aims to stabilize unsettled energy markets in the wake of Russia's invasion of Ukraine. But it faces considerable obstacles.
U.S. Added 315,000 Jobs in August
Wall Street Journal - 2 Sep 2022 16:53Credit Suisse weighs up 5,000 job cuts as part of restructuring plan
The Guardian - 2 Sep 2022 15:48
Proposals involve scaling back the investment bank and reducing more than $1bn in costs Credit Suisse is considering 5,000 job cuts as part of a broader restructuring plan meant to solidify the bank's pivot towards wealt...
LBank Exchange Will List Town Star (TOWN) on September 2, 2022
Bitcoin.com - 2 Sep 2022 15:00
PRESS RELEASE. INTERNET CITY, DUBAI – LBank Exchange, a global digital asset trading platform, will list TownCoin (TOWN) on September 2, 2022. For all users of LBank Exchange, the TOWN/USDT trading pair will be officia...
Biden Student Debt Plan Would Send More to Wealthier Families, JPMorgan Data Shows
Wall Street Journal - 2 Sep 2022 15:00
Lower-income and minority households would be more likely to have their debt forgiven entirely under the Biden plan, the JPMorgan Chase Institute found.
CEL climbs 50% as Celsius Network aims to return $50M to clients
Coin Telegraph - 2 Sep 2022 14:42
The CEL price rally could fizzle out due to prevailing Celsius issues, including its bankruptcy.
Bitcoin squeeze to $23K still open as crypto market cap holds key support
Coin Telegraph - 2 Sep 2022 14:04
A matter of a few hundred dollars could separate BTC price action from a "short squeeze," one trader believes.
Vitalik Buterin Says His Influence Over Ethereum Decreases as Network Nears the Merge
Crypto News - 2 Sep 2022 14:01
With Ethereum (ETH) advancing toward the Merge, the blockchain's co-founder Vitalik Buterin reiterates that his influence over the network has been decreasing over the past two years, as many new developers are taking ov...
Zahawi prepares multibillion-pound tax cuts for businesses weathering energy crisis
Sky News - 2 Sep 2022 13:56
The chancellor is preparing a multibillion-pound package of tax cuts to help businesses struggling with soaring energy costs.
Global bonds have tumbled into their first bear market in more than 30 years
Business Insider - 2 Sep 2022 13:03This Retail Stock Is A Better Buying Opportunity Than Costco
Forbes - 2 Sep 2022 13:00
Costco's current price-to-EBIT ratio of 29x is higher than levels of 20x for Five Below.
Firms will close this winter without help, warns business group
BBC - 2 Sep 2022 12:36
The British Chambers of Commerce calls for Covid-style support to be provided to businesses.
Uncertainty remains over some people's energy rebates
BBC - 2 Sep 2022 03:11
Park home residents, tenants and others will receive cost of living payments but uncertainty remains.
Amazon's bid to scrap historic union win at NYC warehouse blocked
New York Post - 2 Sep 2022 02:58
The 24-day long hearing, which Amazon had unsuccessfully sought to close to the public, was marked by tense exchanges between attorneys for both sides.
Ruth Bader Ginsberg would have taken Justice Alito's 'skin off' over being quoted in his Roe v. Wade opinion, longtime friend and journalist says
Business Insider - 3 Sep 2022 01:55
NPR's Nina Totenberg discussed her friendship with late Supreme Court Justice Ruth Bader Ginsberg this week for her memoir, "Dinners with Ruth."
Million-dollar homes losing luxury status as buyers get less space for their money, research finds
CNBC - 2 Sep 2022 23:11
Money does not go as far for home size at any price point nowadays, according to Zillow. The $1 million price threshold in particular is losing its cachet.
One in five home sellers is now dropping their asking price as the housing market cools
CNBC - 2 Sep 2022 18:00
The average home sold for less than its list price for the first time in over 17 months during the four-week period ended Aug. 28, according to Redfin.
Chinese stocks could plunge by 20% if real estate troubles get much worse, Morgan Stanley says
CNBC - 2 Sep 2022 09:31
China's real estate problems could significantly drag down the economy and stocks if authorities don't provide enough support, Morgan Stanley analysts said.