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Location American Business News for 17 October 2022
Arby's Now Has The Bourbon To Go With Its Meats Arby's Smoked Bourbon was created in partnership with Ohio-based craft distillery Brain Brew and inspired by the chain's smoked brisket sandwich and limited-edition real country-style rib sandwich.
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Elon Musk Says Spacex Will Keep Funding Ukraine for Free Even Though Starlink Is Losing Money -- $80M Spent so Far Spacex CEO Elon Musk says that his company will “keep funding” the government of Ukraine for free even though Starlink is losing money, noting that it has cost Spacex $80 million so far to provide internet terminals ...
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Dodgers' Freddie Freeman Deserves 2022 NL MVP Award Once you dig into the granular batted ball data, it's a pretty clear call for Freeman (and others) over the Cardinals' Paul Goldschmidt.
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Murdoch Media Deal Would Elevate Son, Bet on Scale

Wall Street Journal - 17 Oct 2022 00:30
Murdoch Media Deal Would Elevate Son, Bet on Scale Fox Corp. and News Corp are considering a proposal that they reunite though hurdles to a deal remain.
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How Fleet Foxes Songs Shiver and Breathe

The New Yorker - 17 Oct 2022 20:19
How Fleet Foxes Songs Shiver and Breathe There is always more to say about the music that means the most to us.
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Following Russia's invasion of Ukraine in February, a host of major U.S. corporations, including Cisco, ended their Russian operations.
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This Party Doesn't Start Until the Ocean Spray Cranberry Sauce Jiggles The holiday season comes with no shortage of dinner table favorites, but few are as beloved as the classic canned cranberry sauce. In its latest holiday-ready work, Ocean Spray Cranberries aims to illustrate that it's no...
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Bank of America's Latest Earnings Suggest U.S. Consumers Remain Strong and Active Loan and deposit growth at the nation's second-largest bank suggest that a possible global economic slowdown has not yet hurt many Americans.
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Asos shares plunge as it confirms talks with lenders over borrowing Online fashion retailer says it is in 'final stages' of agreeing new terms for £350m loan facility Shares in the fast-fashion firm Asos have plunged after it confirmed it is in talks with lenders over changing the terms...
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J.P. Morgan's Michael Cembalest Details The Elephants In The Energy Room Every year, Michael Cembalest, the Chief Investment Officer at J.P. Morgan asset management, publishes a report on the state of the global energy space. This year's report is titled "The Elephants in the Room."
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U.K. Retail Dismayed As Tax Free Shopping Scrapped After Just Three Weeks The U.K. retail industry has reacted with dismay after the reversal of a tax free Government policy that it says could cost the sector $1.36 billion.
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Stop Telling Introverts to Act Like Extroverts

Harvard Business Review - 17 Oct 2022 14:05
Acting out of character can take a serious mental toll, according to new research.
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Jeremy Hunt's mini-budget repair measures raise extra £32bn a year - video highlights Jeremy Hunt has announced the government will reverse almost all of the tax measures announced in the mini-budget that have not been legislated for so far. The new chancellor said the basic rate of income tax would remai...
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Markets Approve of U.K.'s Reversal of Tax Cuts

The New York Times - 17 Oct 2022 13:59
Markets Approve of U.K.'s Reversal of Tax Cuts The British pound and government bonds rose after the country's new finance minister overturned nearly all the proposals by Prime Minister Liz Truss.
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A recession is looming, but for JPMorgan's Jamie Dimon all signs point toward business as usual when it comes to hiring and tech spend All signs point toward a difficult few months for the economy, but JPMorgan's Jamie Dimon won't back down from the bank's hiring or investing plans.
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Interest in Russian Crypto Channels on Telegram Declining, Analysis Shows Russians have been losing interest in Telegram channels devoted to cryptocurrencies and tokens, according to new research covering the period since the start of the war in Ukraine. Industry experts behind the study say t...
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Who Owns the Most Bitcoin? A Closer Look at the Largest Holders Since launching around 13 years ago, bitcoin has been distributed far and wide to millions of wallets. These Bitcoin wallets are owned by individuals, public companies, private entities, and even governments. Among these...
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Oil futures edge higher in early trade Monday, attempting to bounce after last week's fall as investors weigh recession fears against tight crude supplies
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A Starbucks in Indianapolis is closing over safety concerns, puzzling local police and business owners who say the area is 'very safe' Police are surprised that the store is closing. "We were not made aware of any type of safety concerns," a local police commander told Fox 59.
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U.K. Markets Are On Sale. Nobody Wants to Buy.

Wall Street Journal - 17 Oct 2022 10:45
Valuations on U.K. stocks and bonds are at historical lows, but investors are wary over government borrowing plans and the end to the BOE's bond buying.
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Goldman Plans Sweeping Reorganization

Wall Street Journal - 17 Oct 2022 04:22
Goldman Sachs Group Inc. plans to fold its biggest businesses into three divisions, undertaking one of biggest reshuffles in the Wall Street firm's history.
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Earnings Preview: What To Expect From Netflix On Tuesday Earnings Preview: What To Expect From Netflix On Tuesday. Here's a closer look.
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