Business News
My logistics company operates warehouses in 2 of the sector's hottest markets. We made 8 figures in revenue last year thanks to the boom in e-commerce.
Business Insider - 19 Oct 2022 15:04These Americans Aren't Bothered by Stock Market's Terrible Year
Wall Street Journal - 19 Oct 2022 15:00
Some say they can't afford to put money into the market while others think there are better routes to wealth.
USDA announces $1 billion debt relief for 36,000 farmers
Chicago Tribune - 19 Oct 2022 14:01
The federal government announced Tuesday a program that will provide $1.3 billion in debt relief for about 36,000 farmers who have fallen behind on loan payments or face foreclosure.
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
Bitcoin.com - 19 Oct 2022 04:00
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by mult...
Biden to Sell More Oil From Strategic Reserve to Keep Gas Prices in Check
Wall Street Journal - 19 Oct 2022 02:06'Target Black' isn't real and the video that started the rumor just shows a corporate office exterior, the company says
Business Insider - 19 Oct 2022 00:05Walmart-Backed Indian Commerce Giant Flipkart to Allow Customers to Buy Items in the Metaverse
Crypto News - 19 Oct 2022 14:02
As Indian online retail giant Flipkart seeks more digital interaction with its customers, the company has announced it will initiate a metaverse offering, Flipverse, enabling them to access "gamified, interactive and imm...
What the Banks Stock Rally Says About Wall Street
The New York Times - 19 Oct 2022 13:59
A strong batch of earnings have propelled bank stocks in recent days, but investors remain more cautious on the outlook of Goldman Sachs and Morgan Stanley.
With New BP Deal, Divert Steps $175 Million Closer To Solving The Wasted Food Problem
Forbes - 19 Oct 2022 13:54
A 10-year offtake agreement for renewable natural gas with bp is just the latest in a series of advances this Massachusetts-based company has made in its 15-year history toward tackling this tremendous challenge.
How Long Did The Great Recession Last In 2008?
Forbes - 19 Oct 2022 13:30
The Great Recession was an epic financial meltdown for individuals and institutions. With talk of the economy entering another recession, let's look back at the causes of the 2008 recession and learn how this next one wi...
Biden Will Release 15 Million Barrels Of Oil From Reserves-- Here's What To Watch For
Forbes - 19 Oct 2022 13:20
The White House's latest release is part of a broader effort to keep average national gas prices below $4 a gallon.
Hong Kong's Stock Exchange Proposes Pre-Revenue Tech Listings
Wall Street Journal - 19 Oct 2022 13:16
The move is an attempt to expand the number of potential IPOs in a market that has struggled this year.
Halliburton Stock Up 14% Over Last Ten Days, Can It Keep Up?
Forbes - 19 Oct 2022 13:00
Halliburton stock (NYSE: HAL), an energy company organized into exploration, development, and production of oil and natural gas, has increased by 14% over the last ten trading days (two weeks) and currently stands at aro...
Goldman Sachs' humbling U-turn on its consumer banking ambitions
Business Insider - 19 Oct 2022 12:52
Goldman Sachs is scaling back its consumer business as it announces an overhaul of the firm's businesses. A surge in trading helps save the quarter.
Energy price shuffle means no inflation relief. Winter utility bills to cancel gas savings.
USA Today - 19 Oct 2022 11:07
Consumers will still feel the strain of high energy prices this winter. It'll just show up in soaring utility bills instead of at the pump.
The backlash against B Lab
Fast Company - 19 Oct 2022 08:00
The B Corp seal is a symbol of enlightened capitalism. As ever-bigger companies seek it out, can it stay meaningful? When Nespresso announced, at the end of April, that it had received B Corp certification, it was a mile...
BTC energy use jumps 41% in 12 months, increasing regulatory risks
Coin Telegraph - 19 Oct 2022 04:40
Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining.
The US is at a 'greater risk' of civil conflict now than during the Great Depression, according to a presidential historian
Business Insider - 19 Oct 2022 02:28: Former CEO of NewAge, a drink company that shot to pot-stock fame, accused by SEC of 'multi-year fraud'
Market Watch - 19 Oct 2022 02:25
The SEC has filed charges against former NewAge Inc. CEO Brent David Willis, accusing him of a "multi-year fraud" that included misleading public statements.
The Wall Street Journal: Macy's, Nordstrom lower outlooks as consumer spending expected to slow
Market Watch - 19 Oct 2022 02:03
Macy's Inc. and Nordstrom Inc. became the latest retailers to lower their financial goals for the year, citing risks of a steeper economic downturn and slowdown in consumer spending.
Real estate insiders take swipe at Back-to-Work Barometer hailed by NYC mayor
New York Post - 19 Oct 2022 01:33
A Post survey found that Kastle tracks only two of the city's 10 largest real estate empires, which have the lion's share of financial and legal tenants with more employees on-site than other types of businesses.
HSBC Put on Notice for Greenwashing Following 'Misleading' Sustainability Claims
AdWeek - 19 Oct 2022 01:00
British bank HSBC is the latest advertiser to have its ads spiked for "misleading" customers over green initiatives. The brand has been warned by the U.K.'s Advertising Standards Authority (ASA) after running a series of...