Business News
Mark Zuckerberg takes up MMA training: 'This nerd is a silent killer'
New York Post - 23 Sep 2022 17:58
"You'd never expect these guys to be able to take you down," a pro MMA fighter said. "Next thing you know, they're attacking you with these extremely technical moves."
What are the income tax implications of selling a under-construction flat?
livemint.com - 23 Sep 2022 08:00
Can my mother save taxes by making investments in another residential house? She already owns one residential flat.
Companies Fined $325,000 for Selling Pesticide to Fight Coronavirus, E.P.A. Says
The New York Times - 23 Sep 2022 05:36
Zoono USA and Zoono Holdings, New Jersey companies, sold Zoono Microbe Shield through numerous websites and were fined by the U.S. Environmental Protection Agency.
Boeing will pay $200 million to settle charges with SEC
Chicago Tribune - 23 Sep 2022 02:12
Boeing Co. will pay $200 million to settle allegations that the company and its former CEO misled investors about the safety of its 737 Max after two of the airliners crashed, killing 346 people.
As 30-year mortgage rates hit 6.7%, homebuyers are facing 'payment shock.' Here are ways to save
CNBC - 24 Sep 2022 00:44
There are some options that homebuyers can explore to reduce the costs involved in buying a house.
Judge Rules Pittsburgh Must Abandon Its 'Jock Tax' On Visiting Players
Forbes - 23 Sep 2022 21:12
The Steel City can no longer use its "facility fee" to tax visiting team athletes.
This is Amazon's next big streaming bet
Fast Company - 23 Sep 2022 18:30
With ‘Citadel,’ an ambitious series headlined by Priyanka Chopra Jonas that will spawn local spinoffs, Amazon is investing in interconnected storytelling on a global scale. A few years ago, not long after she took th...
When Bad Things Happen to Good Stocks
Wall Street Journal - 23 Sep 2022 18:26
Investing in quality stocks seems like a smart move--but the bet on the blue chips hasn't paid off lately.
Credit Suisse Needs the Deal of the Decade
Wall Street Journal - 23 Sep 2022 17:54
The bank's deal-makers can prove their worth by finding a creative way to avoid raising capital with a rock-bottom stock price.
NyQuil chicken aside, misusing products can spawn product innovation
Fast Company - 23 Sep 2022 17:00
Therabody’s CEO talks about the serendipitous origin story of one of its popular products. Anyone who has seen the recent headlines about social media users supposedly cooking chicken in NyQuil will not be surprised to...
Adobe Stock Lost 23% In One Week, What's Next?
Forbes - 23 Sep 2022 17:00
Adobe's stock (NASDAQ: ADBE) dropped 22.9% in the last week, significantly underperforming the S&P 500 (down 4%).
British Pound Sinks as Markets React to U.K. Government Tax Cuts
The New York Times - 23 Sep 2022 16:54
Stocks, bonds and the pound were jolted by policy details from the new government that entailed a huge rise in borrowing.
Airfares hit highest level in years despite falling fuel prices
L.A. Times - 23 Sep 2022 16:00
Jet fuel prices have been dropping dramatically since May, yet airfares for Thanksgiving and Christmas will be the highest in years.
The Tech Entrepreneur Keeping Heavy Industry Workers Safe And Productive
Forbes - 23 Sep 2022 15:53
With output expected to reach $15.2 trillion by 2030 the global construction industry is a worldwide engine for economic growth and recovery from the pandemic. Yet it faces major challenges, particularly around productiv...
Goldman Sachs cuts its S&P 500 forecast, says stocks will drop over 4% by the year's end as the Fed stays aggressive
Business Insider - 23 Sep 2022 15:39
The Federal Reserve's aggressive interest rate hikes will weigh on stocks, the bank said.
Global Economy Headed Into Recession
Forbes - 23 Sep 2022 15:30
The global economic outlook is deteriorating due to inflation-fighting efforts by central banks, the war between Russia and Ukraine, and China's prioritization of political control over economic growth.
Starbucks Stock: Starbucks' Financial Performance Under Howard Schultz
Forbes - 23 Sep 2022 15:30
Now that Mr. Schultz is retiring and has decisively stated that he will not be leading Starbucks anymore, where does this leave the company and its shareholders?
Market Snapshot: Dow futures slide nearly 400 points and dollar steamrolls rivals on Fed tightening view
Market Watch - 23 Sep 2022 15:24
U.S. stock futures fell on Friday and the U.S. dollar continues to wreck all its competitors, as the market continues to price in further Federal Reserve interest-rate tightening as it fights inflation.
Your City's Housing Boom Could Go Bust
Wall Street Journal - 23 Sep 2022 13:30
A national decline in home prices is unlikely, but markets that have experienced outsized increases over the past few years may be hit harder than most by rising mortgage rates.
This tree owns itself--and is fighting for its own survival
Fast Company - 23 Sep 2022 09:00
An artwork part of the 58th Carnegie International art exhibition, the legally autonomous tree will own the land it grows on. On a few square feet of land on the campus of the Community College of Allegheny County in Pit...
Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges
Bitcoin.com - 23 Sep 2022 07:30
Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. In...
Inside the $250 million penthouse on 'Billionaires' Row'
CNBC - 23 Sep 2022 21:51
The penthouse in the world's tallest residential building is listed for $250 million, marking a major test of the ultra-luxury real estate market.