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Business News

Location American Business News for 22 September 2022
Microsoft founder Bill Gates, his ex-wife sell Hyde Park home for $1.5M A trust tied to the Gates family paid $1.25 million in 2018 for the house, located near the University of Chicago, which their son attended.
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Success at Work Is Warped by Your Co-Workers' Salaries

Wall Street Journal - 22 Sep 2022 13:30
Success at Work Is Warped by Your Co-Workers' Salaries There soon could be pay-transparency laws from Wall Street to Silicon Valley. What happens when you know more about what your colleagues make?
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OTT  apps  may  have  to  take  licence,  share revenues with govt The draft bill includes over-the-top, or OTT, communication services in the definition of telecom services
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Dusan Vlahovic Is Symbolic Of Juventus' Lack Of Confidence Dusan Vlahovic's confidence is at an all-time low, a Ferrari-level player being driven like a Fiat, and is symbolic of Juventus' awful start to the season.
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Smashing Pumpkins Beguile During Special Homecoming Set At Metro Chicago Over the course of nearly two and a half hours on stage at Metro during a special sold out club set, the Smashing Pumpkins looked back on just about every facet of their recorded career Tuesday night in Chicago.
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Report on effects of California's Proposition 22 shows "broken promises" on wages, health care, something the gig companies are pushing back against.
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Chancellor Kwasi Kwarteng is expected to announce a welfare shake-up to 'get Britain working again'.
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St. Regis Tower condo sells for $20M, one of the highest recorded home sales in Chicago history Wednesday's $20 million condo sale at St. Regis Tower is by far the highest-priced sale yet of a unit in that building.
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World Will Have Nearly 40% More Millionaires By 2026: Credit Suisse North American and China led gains in 2021; low and middle income countries are expected to fare better in the next five years
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Japanese Banking Heavyweight Nomura to Launch Crypto-Focused Venture Capital Arm On Wednesday, the Japanese financial holding company and principal member of the Nomura Group, Nomura Holdings, announced the launch of a crypto-focused venture capital unit called Laser Digital Holdings. Nomura’s move...
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Ron DeSantis' Martha's Vineyard stunt gives Republicans the midterm fight they crave and takes focus off Trump 2024 and abortion rights, GOP operatives say Democrats have been feeling more confident about their midterm prospects, but they have a polling deficit on immigration that's now leading the news cycle.
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Why is Trump calling NY AG Letitia James 'Peekaboo?' Michael Cohen has a theory, and it isn't X-rated or racist Donald Trump's fixer-turned-critic doesn't think any of the rampaging racist and X-rated "Peekaboo" origin theories are right. His theory? "Dementia."
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Sebi's endorsement of the AA Framework--another watershed moment? Sebi's support to the Account Aggregator (AA) framework is a validation of its construct
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TerraPay, NPCI International tie-up to enable cross-border transactions via UPI Through this collaboration, Indian customers with active UPI IDs (350 million bank accounts) will be able to transact at QR locations enabled by TerraPay globally
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"The next logical stop for bitcoin bitcoin is to replace gold as a non-sovereign store of value asset," Michael Saylor told MarketWatch.
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Gaming, music, and a mental health charity are coming together in a debut for Wired Productions' new Black Razor music label.
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Rising Rates Make Life Insurance Funded With Debt More Costly

Wall Street Journal - 22 Sep 2022 17:00
Multimillion-dollar policies are supposed to pay for themselves but are coming up short.
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Japan Intervenes to Prop Up the Sliding Yen

The New York Times - 22 Sep 2022 16:57
Japan Intervenes to Prop Up the Sliding Yen The currency's decline to a point not seen in 24 years prompted the rare action as officials keep interest rates low.
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After a Big Rate Increase, Markets Fear a Recession

The New York Times - 22 Sep 2022 15:40
After a Big Rate Increase, Markets Fear a Recession The Federal Reserve has more jumbo-size interest rises planned, stoking fears of downturns in the housing, labor and stock markets.
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Timor-Leste Seeks U.S. Strategic Support In Natural Gas Development Representatives of the tiny Indian Ocean nation of Timor-Leste were in the U.S. this week, seeking to secure American strategic and financial support of the development of a major offshore reservoir of natural gas, which...
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Darden Restaurants reported mixed quarterly results but still reiterated its outlook for fiscal 2023.
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Binance Receives License to Offer More Crypto Services in Dubai Cryptocurrency Binance has received another license from Dubai’s crypto regulator. Binance can now provide more crypto-related services in Dubai. Binance’s New License in Dubai Cryptocurrency Binance announced Wednes...
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