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Business News

Location American Business News for 13 September 2022

Two Glencoe mansions on Lake Michigan listed for $14M

Chicago Tribune - 13 Sep 2022 22:15
Two Glencoe mansions on Lake Michigan listed for $14M Two mansions on Lake Michigan in Glencoe that are on the same block have been listed for $14 million and $13.8 million.
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Ethiopian Central Bank Restricts Amount of Cash Travelers Can Hold, Sets Foreign Currency Conditions According to the National Bank of Ethiopia’s directive, which became effective on September 5, persons entering and departing the country in possession of local currency are now subject to new restrictions. Individuals...
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Offices, warehouses and business parks are continuing to turn over steady rental revenue albeit discounted due to softer demand, analysts and developers say.
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Ravencoin Price Rockets 14.8% to $0.0613 on Ethereum Merge Effect Ravencoin (RVN) soared more than 14% over the past 24 hours, fueled by speculation that old Ethereum (ETH) miners are taking an interest in the coin as Ethereum's Merge nears and the network moves away from Proof-of-Work...
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Twitter Shareholders Poised To Approve Deal With Elon Musk--Even As He Keeps Trying To Terminate It Elon Musk is trying to back out of his agreement to buy Twitter, but the company has sought to press forward, and plans to take the billionaire to court next month.
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Rent the Runway to Cut Workforce as Customers Pause Subscriptions The CEO of the fashion rental service said roughly 20% of business is coming from shoppers seeking work clothes, a much smaller percentage than before the pandemic.
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Guerrilla campaign gives free coffee to Goldman bankers after Wall St. firm killed perk Bleary-eyed bankers stumbling into Goldman's gleaming building at 200 West Street were able to fuel up with the free cups of joe from Cometeer, a Massachusetts-based company that makes cold-brew pods.
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The 5 biggest announcements from the latest Nintendo Direct, including the Legend of Zelda, GoldenEye, and Pikmin Nintendo's latest Direct event featured several new trailers and announcements, including details on the next Zelda game and GoldenEye on Switch.
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Shares of Rent the Runway were suffering a record plunge Tuesday, but Wall Street analysts still managed to find the positives in the fashion rental company's disappointing earnings report and outlook, and plan to cut ne...
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How Failure Led Gwyneth Paltrow And Amy Schumer To Lisa Odenweller The vital lessons learned from a lifetime in the wellness industry.
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A traveler who took a carry-on to avoid losing her bag says American Airlines took it, checked it without telling her, then lost it anyway The passenger said she'd deliberately only packed hand luggage to avoid her bag being lost on her flight from North Carolina to Toronto.
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Stricter curbs may be imposed on water use in England as supplies run low Exclusive: Leaked documents reveal water firms are considering drastic measures to combat drought Bans on filling public swimming pools, maintaining ponds, washing cars and cleaning offices and shops could be put in plac...
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Inflation cooled slightly in August as sliding gas prices offset rising costs elsewhere in the economy The Consumer Price Index climbed 8.3% in the year through August, the government said, slowing from the prior reading but landing above forecasts.
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Sainsbury's raises staff pay again as part of £25m support package Shop workers will also receive free food and deeper discounts to help with rising living costs this winter Sainsbury's is giving its lowest-paid shop workers a second pay rise in a year as well as extra discounts and fre...
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The DOL said Wells Fargo's 401(k) plan overpaid for company stock. The bank said it "strongly disagrees" with the allegations.
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Stock Futures Rise Ahead of Inflation Data

Wall Street Journal - 13 Sep 2022 15:43
Consumer-price figures for August could influence the speed and pace of interest-rate increases by the Federal Reserve.
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Oil futures rise Tuesday, finding support as concerns around the supply outlook move back into focus.
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Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison, according to the U.S. Department of Justice (DOJ). “The defendants allegedly misappropri...
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Melinda French Gates said that she and Bill Gates met the Gates Foundations' new board of trustees in person for the first time last week.
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Goldman Sachs investment bankers brace for heavy cuts as the firm gets set to wield the axe through its competitive assessment initiative. The Wall Street firm's investment-banking unit could see big job cuts as dealmaking has slumped. Goldman could shed "several hundred roles" this month.
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Why Crypto Prices Are Becalmed Before the Coming Storm Although crypto assets are consolidating this week, the crypto space has had a very long month - coin prices have been finicky, with September beginning on a shaky note. As more investors continue to observe, cautious op...
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Dollar General's CEO said some wealthy customers had shopped at the discount store during the pandemic and were now returning.
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