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Business News

Location American Business News for 15 October 2022
Central bankers including former Federal Reserve Chairman Ben Bernanke ignored the build-up of leverage prior to the Great Financial Crisis.
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Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hack...
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Apple Store in Oklahoma City Becomes Second to Unionize

The New York Times - 15 Oct 2022 04:28
Apple Store in Oklahoma City Becomes Second to Unionize Workers said pay was adequate and benefits were good, but complained that managers' practices often seemed arbitrary.
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What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful.
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T-ray technology is moving from sci-fi to mainstream

Venture Beat - 15 Oct 2022 15:40
T-ray (terahertz) technology is already finding application in manufacturing and security, with medical imaging and other uses close behind.
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Amazon workers in San Bernardino allege anti-union actions and retaliation Workers at an air freight hub in San Bernardino accused Amazon of unfair labor practices in a filing with the National Labor Relations Board.
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Recession Stocks: Finding Winners In A Down Stock Market Not all stocks are impacted equally by the economy slowing down. We look at stocks that have been winners during a down stock market thus far in 2022 while most of the rest of the market has fallen.
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Cardano Price Forecast - Can ADA Make a New All-Time High This Year? Cardano price continues to wallow in the murky waters of the crypto winter about a year after posting an impressive show to its all-time of $3.09. If the current retracement at $0.36 carries on, ADA could broadcast a 90%...
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Binance Announces $500 Million Funding for Bitcoin Mining Binance Pool, the crypto mining services arm of cryptocurrency exchange Binance, aims to support Bitcoin miners to weather the crypto winter with a $500 million loan. The ongoing bear market has had deep impacts on almos...
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Voters who either own crypto, or who are interested in purchasing it, could affect close races in key battleground states, new polling indicates.
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Abigail Eason found her credit score was affected after the rental company wrongly charged her for a vehicle she did not collect from Houston airport.
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After Hurricane Ian, can Florida residents build back better? Each time a hurricane hits, officials vow to rebuild only for another part of Florida to get smacked next time. What can be done?      
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New E.T.F.s Turn the Funds' Virtue of Low Risk on Its Head

The New York Times - 15 Oct 2022 11:00
New E.T.F.s Turn the Funds' Virtue of Low Risk on Its Head Using a variety of means to bet on the direction of a single stock, they add a layer of complexity that worries some investment professionals.
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Student Debt Cancellation Site Opens for Beta Testing

The New York Times - 15 Oct 2022 08:04
Student Debt Cancellation Site Opens for Beta Testing The Education Department said it was "beta testing" a form that it intends to use to eliminate millions of federal student loans.
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Apple Workers in Oklahoma City Vote to Unionize

Wall Street Journal - 15 Oct 2022 04:52
Apple Workers in Oklahoma City Vote to Unionize The employees become the second group at one of the iPhone maker's U.S. stores to organize officially.
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Strategist at Southeast Asia's Largest Bank DBS Says Bitcoin Is Unique Regardless of Price An investment strategist at Southeast Asia’s largest bank, DBS, says bitcoin is unique whether the price changes or not. “If we just look purely on a price basis, you will see a lot of volatility and that doesn’t i...
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Zelle may not have its own clothing line or suggest emojis when you pay your friend, but the peer-to-peer payment service is moving serious money, and that seems to be raising eyebrows these days.
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The Education Department opened the application for student-loan forgiveness to test the website before it is officially unveiled later this month.
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Fox and News Corp, After Years Apart, Explore Merger

The New York Times - 15 Oct 2022 01:36
Fox and News Corp, After Years Apart, Explore Merger A union would represent an about-face for both companies, which told investors nearly a decade ago that they were better off apart.
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Higher Hotel And Car Supply Chain Pressuring Package Travel Options Package tours represent a subset of all leisure travel. Higher hotel and rental car rates, along with fewer home equity funding options, is putting pressure on this segment. While overall airline demand is strong, some c...
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The billionaire's second wife, Talulah Riley, recounted the time he forgot to buy her a Christmas gift and instead gave her flowers he had picked.
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The Pixel Watch is a hot mess

Fast Company - 15 Oct 2022 07:00
The Pixel Watch is a hot mess Google’s first smartwatch is slick, but Wear OS needs a lot of work. Let’s get the good news out of the way first: The Google Pixel Watch is a beautiful piece of wearable technology. Read Full Story
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