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Business News

Location American Business News for 5 October 2022
Amazon Suspends Staten Island Workers After Protest Over Warehouse Fire Several dozen night-shift employees at a Staten Island site that recently voted to unionize had refused to work amid safety concerns.
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Does Keurig Dr Pepper Stock Have More Upside? Keurig Dr Pepper stock (NYSE: KDP) has seen a 0% rise this year, significantly outperforming the broader S&P500 index, down 23%.
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SEC Chair Gensler Insists Most Crypto Tokens Are Securities -- Says 'the Law Is Clear' The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has reiterated that most crypto tokens are securities, emphasizing that “the law is clear on this.” However, the Commodity Futures Trad...
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U.S. National Debt Eclipses $31 Trillion For First Time The country's outstanding debt has nearly tripled since 2009, and spiked in the early months of the Covid-19 pandemic.
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Reversing Energy Export Boom Is Economic Dead End For Biden Oil prices are back on the rise and the Biden administration is concerned about volatility heading into the contested midterm elections. But the administration is considering counterproductive policies like restricting e...
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OPEC+ Agrees to Biggest Oil Cut Since Start of Pandemic

Wall Street Journal - 5 Oct 2022 17:55
The production cut move will likely push up already-high global energy prices and help oil-exporting Russia pay for its war in Ukraine.
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Amazon confirmed that some employees had been placed on paid investigatory suspension while the company looked into the incident.
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The 25 big companies with the best work-life balance

Business Insider - 5 Oct 2022 17:00
The 25 big companies with the best work-life balance According to employee responses on Comparably, 23andMe ranked at the top of this list. Chegg, TaskUs, and Ocrolus were also part of the top 25.
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Terra Luna Classic Price Prediction - Can it Reach $1 by 2023? Terra Classic (LUNC) continues to show extreme volatility in the market on a massive amount of trading volume. The coin - often referred to as Terra Luna Classic - is down 4% over 24hrs but remained in the top 10 by trad...
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Bitcoin repeats key bear market move as $19K becomes key BTC price zone Investor cost basis is an important focus for ARK Invest, part of an ongoing "tug-of-war" in the 2022 Bitcoin bear market.
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With The Worst US Bond Returns In History, Where Did Investors Go Wrong? With bond returns the worst in history, how did investors not foresee the momentous rise in yields? My take is they made three critical mistakes in assessing U.S. inflation and Fed policy since mid-2021.
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The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record, both contributing to a steep drop in mortgage demand.
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Ex-Twitter VP calls Elon Musk an attention seeker after the billionaire offered to buy the company for $44 billion again Twitter's former EMEA VP, Bruce Daisley, expressed skepticism of Elon Musk's plans to turn Twitter into a "Super App."
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12 Entrepreneurs Share What Inspires Them To Be Better Leaders Often, your day-to-day interactions can be a source of inspiration for improving your leadership skills.
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Private equity veteran Bryan Cressey and his wife were the buyers who paid $20M for the Trump Tower penthouse The sale of the unit was the third highest-priced sale on record of any kind of home on within Chicago's city limits.
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Twitter employees are venting on social media and in private forums about Elon Musk's agreement to buy Twitter Elon Musk's lawyers wrote a letter to Twitter saying he would agree to buy it at the price originally agreed but many staffers have raised concerns.
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How can a self-employed person get a home loan?

livemint.com - 5 Oct 2022 09:57
How can a self-employed person get a home loan? The lender would take your vintage in the business, positive client references and longevity of contracts as an added comfort.
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Everything we don't know about Elon Musk's latest about-face on Twitter Why is the Tesla billionaire suddenly willing to honor his deal to buy Twitter? Is there still a way he could wriggle off the hook? Will employees stick around to find out?
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Top US Regulators Urge Congress to Pass Legislation on Crypto Assets The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said...
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Elon Musk's decision to end his war with Twitter Inc. isn't just a big win for the social-media company, but also for some big-name investors like Carl Icahn.
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Here's how to protect yourself when using payment apps like Zelle, Venmo and Cash App Mobile payment apps like Venmo, Zelle and PayPal are becoming more popular in today's tech world, but they're also becoming an target for scammers.      
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During a time of market uncertainty, getting paid 5% with a safety factor can be comforting.
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