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Business News

Location American Business News for 4 October 2022
The Science Of Attention And Why It Matters To Your Business In a world where we're constantly bombarded with information and stimuli, it's more important than ever to understand the science of attention and how it works.
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Naver to Acquire Poshmark in Deal Valued at $1.2 Billion

Wall Street Journal - 4 Oct 2022 03:47
Naver to Acquire Poshmark in Deal Valued at $1.2 Billion Poshmark, a social marketplace for new and used clothing, will become a stand-alone U.S. subsidiary of South Korea's Naver once the deal is completed.
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Elon Musk Proposes Closing Twitter Deal on Original Terms

Wall Street Journal - 4 Oct 2022 21:59
The two sides are discussing how the $44 billion deal can be closed, and the judge overseeing their court case requested they come back to her by the end of the day with a potential plan that would allow the litigation t...
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What Do Bitcoin Investors Need To Know As October Begins? Bitcoin prices have been trading within a reasonably small range so far this month, showing little volatility. What crucial developments should investors watch in order to stay up-to-date on this innovative asset? Severa...
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British shoppers likely to spend £4.4bn less on non-essentials during Christmas period The cost of living crisis means almost 60% of shoppers expect to cut back in retail's 'golden quarter' British shoppers are expected to spend £4.4bn less on non-essentials - a fall of 22% - in the run-up to Christmas as...
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A G7 plan to limit the price of Russian crude could add up to $160 billion in lower import costs for 50 emerging markets, the US Treasury estimates.
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Aneri Desai monetized her experience climbing the corporate ranks to start career coaching. Here's how she used the side hustle to pay off her debt.
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The 25 big companies with the best compensation

Business Insider - 4 Oct 2022 17:00
The 25 big companies with the best compensation According to Comparably's ranking based on employee responses, Adobe ranked number one on this 2022 list.
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The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
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Stock Futures Point to Second Day of Gains

Wall Street Journal - 4 Oct 2022 16:50
U.S. stock futures rose, putting major indexes on course to extend a strong start to the latest quarter, while a falling dollar and government bond yields offered investors some tentative relief.
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NYDIG Bets Big on Bitcoin - $720 Million Raised for its Bitcoin Fund NYDIG, the digital assets-focused subsidiary of financial services firm Stone Ridge, has raised approximately $720 million for its Institutional Bitcoin Fund. According to a Form D filing made with the SEC, around 59 inv...
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Americans are running out of money and big companies like Target and Walmart are noticing. It makes a recession more likely. Americans have burned through a third of their savings cushion. That's a dire sign for the US economy.
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Gold futures were trading at their highest level in three weeks on Tuesday while silver traded at its highest level in three months as precious metals added to their strong gains from the prior session.
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Nine Elements Of A Successful Facebook Ad Campaign With so many companies competing for consumers' attention on social media, creating compelling, unique advertising campaigns is a great way to stand out.
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Treasury Creates Racial Equity Committee to Narrow Economic Disparities A new advisory group will help guide the Biden administration's efforts to promote economic equality.
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Ripple CEO Targeted by Scam Accounts on Twitter

Crypto News - 4 Oct 2022 16:00
Ripple CEO Targeted by Scam Accounts on Twitter Brad Garlinghouse, CEO of the California-based start-up Ripple, called out Twitter for not taking (more) action against scam accounts - some of which are verified. "I can't believe I'm still doing this," the CEO tweeted,...
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The average rate of a new two-year fixed rate mortgage is 6% as the UK's biggest lenders change prices.
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Old workplaces could be redeveloped into residential property, but it will take time for the numbers to add up in many city centers.
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TechStars CEO On The Future Of FinTech

Forbes - 4 Oct 2022 15:45
TechStars CEO On The Future Of FinTech Meeting up with TechStars CEO Maëlle Gavet at the Collision conference in Toronto. Here's what she is excited about in financial technology.
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Cryptocurrency Is Losing Popularity as Investment Vehicle in US, According to Bankrate Survey The popularity of cryptocurrency as an investment vehicle is dwindling in the U.S., according to a survey made by Bankrate. The survey found that trust in crypto has diminished across several groups, with millennials los...
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Aslef union members at 13 rail companies will walk out on Wednesday in a row over pay and conditions.
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Inside the turmoil at Credit Suisse

Business Insider - 4 Oct 2022 15:15
Inside the turmoil at Credit Suisse Credit Suisse is fighting speculation that it could be at risk of a Lehman Brothers-style collapse. Plus, Kim Kardashian's crypto ad penalty.
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