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Business News

Location American Business News for 20 October 2022
BTS, Blackpink And Stray Kids Have Made 2022 A Historic Year For K-Pop Artists On The Billboard Charts 2022 has been huge for K-pop acts charting No. 1 albums in the U.S.
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The House Of Ye: Chaos, Antisemitism, 'White Lives Matter' -- And Steady, Unbothered Sales For Ye, the artist formerly known as Kanye West, his latest hateful antics haven't put a dent into sneaker resales -- yet.
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How to share Instagram Reels in 3 different ways

Business Insider - 20 Oct 2022 00:44
How to share Instagram Reels in 3 different ways You can share Instagram Reels with your friends, even if they don't have Instagram, or post them to your Story in a few simple steps.
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Another Tesla Inc. earnings call and another fanciful Elon Musk prediction likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday.
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The Trumps really, really, wanted a new judge in NY's $250M fraud lawsuit. But that judge's boss just said no. Donald Trump has lost his bid to switch courtrooms. His lawyers had repeatedly tried to escape the judge who once held him in contempt.
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Philip Morris to Raise Offer for Swedish Match, Buy U.S. Rights for IQOS The tobacco giant will pay $2.7 billion to regain U.S. rights for its IQOS heated tobacco products from Altria.
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Elon Musk admits he's 'obviously overpaying' for Twitter but 'still excited' for $44B deal The mogul's comments came during a Tesla earnings call that was held as his attorneys hammer out a final settlement with Twitter.
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Over 70% of Surveyed El Salvador Citizens Say the Country's Bitcoin Strategy Has 'Failed' Just above three-quarters of surveyed Salvadorians reportedly see the adoption of bitcoin (BTC) as a failure. According to the poll by the University of Central America (UCA), as reported by Barron's, 77% of respondents ...
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The Philadelphia Fed said Thursday its gauge of regional business activity inched up to negative 8.7 in October from negative 9.9 in the prior month. Any reading below zero indicates deteriorating conditions.
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Is The Stock Market In For Three Lost Decades? Did you know that between 1970 and 2000, the stock market went through not one but nearly THREE lost decades?
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Tesla Investors Worry About the Carmaker's Future

The New York Times - 20 Oct 2022 14:21
Tesla Investors Worry About the Carmaker's Future Investors sent the electric vehicle maker's shares down sharply in after-hours trading after the company warned about uncertain customer demand.
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Eight Ways Small Businesses Can Support Each Other (While Marketing Themselves Too) Being part of a business network means you can often find help among your fellow entrepreneurs and even lend a hand yourself when others are in need.
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Ovo gatecrashes rival Octopus’s bid for taxpayer-funded energy supplier Bulb Ovo Energy has launched an eleventh-hour bid to prevent rival Octopus Energy from swallowing the nationalised supplier Bulb.
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Does Exxon's Departure From Russia Signal Higher Oil Prices? Expropriation of Exxon's Russian assets might give a small boost to oil prices next year, but the longer term implications are more serious.
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Tesla Shares Drop In Pre-Market After Missed Q3 Earnings Despite missing earnings estimates, Musk was optimistic about Tesla, expecting the company to continue to grow deliveries by 50% year over year.
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AT&T Beats Earnings Expectations, Raises Outlook on Wireless-Customer Growth The telecommunications company said for the recently ended period, it added 708,000 postpaid phone connections, handily topping analysts' projections.
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Former Celsius Exec Hired By JPMorgan as Head of Crypto Aaron Iovine, a former executive at bankrupt crypto lender Celsius (CEL), has found a new job, joining U.S. investment bank JPMorgan Chase & Co as the company's executive director of digital assets regulatory policy. Iov...
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No one knows for certain when the Federal Reserve will stop hiking its policy rate, but this summer's brief rally could provide a playbook for when it does, says Michael Kirkpatrick, senior portfolio manager at Seix Inve...
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Elon Musk can be like a 'toddler' having a 'tantrum,' Tesla's former marketing chief said. 'I was seeing this person that was taken by anger.' Colette Bridgman told a new BBC documentary that Musk apologized after yelling at her for a third time, but she still decided to leave the company.
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People who wanted to enroll in charity races 'found out too late that the company was running away with their money,' CFPB Director Rohit Chopra said.
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University Of Oklahoma Gets $5 Million Gift For State-Of-Art Indoor Golf Performance Center Funded by a $5 million alumni gift, the University of Oklahoma has unveiled plans to build a state-of-the-art indoor performance center for its golf teams.
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The People's Bank of China kept the one-year loan prime rate at 3.65% and the five-year rate at 4.3%, both unchanged from last month, according to a statement published on its website.
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