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Location American Business News for 24 October 2022
Outsourcer Interserve fined £4.4m for failing to stop cyber-attack Watchdog says phishing email enabled hackers to steal personal information of 113,000 employees Britain's data watchdog has fined the construction group Interserve £4.4m after a cyber-attack that enabled hackers to stea...
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Banks Are Offering 4.5% CDs---Just Not to Regular Customers

Wall Street Journal - 24 Oct 2022 13:00
Banks are selectively raising certificate-of-deposit interest rates this year, and many are paying their best rates on brokered CDs, which well-off customers buy through brokerage firms
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Pinterest Set to Premiere Original Series A Look at the Louvre Art enthusiasts can visit the Louvre Museum without leaving Pinterest. The platform and the iconic cultural institution teamed up on original series A Look at the Louvre, which will bring viewers on off-the-beaten-path t...
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One Of The Most Critical Environmental Stories To Have Escaped The Headlines The fashion industry, dependent on wood to make some fabrics, is driven to save ancient trees and endangered rainforests -- an uphill battle given that manufacturers produce 100 billion garments yearly from wood.
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This Green Crypto Has Just Added Microsoft and GameStop to its Affiliate Network IMPT is a brand new green crypto focused on revolutionising the space of carbon credits. Over the last few weeks the team at IMPT have been working diligently to add more brands to their affiliate network, and has recent...
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Eight Valuable Pieces Of Feedback These Entrepreneurs Learned From Exit Interviews Employees are often more honest and open when leaving their positions, and their feedback can shed light on issues leaders may not have even known existed.
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20 crew members supply Roman Abramovich's $600 million superyacht with provisions, electricity, and water every day as the Ukraine war wages on, report says Roman Abramovich's Solaris yacht has a truckload of food, including 20 cases of asparagus, delivered every week, a port worker told The NYT.
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Evan Spiegel, who cofounded Snap in 2011, has seen his net worth fall from $13.9 billion to $2.3 billion over just 12 months, per Bloomberg estimates.
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Economists Warn U.S. Already In Recession Or Could Be Soon--The Latest In A Series Of Dismal Forecasts Slowing sales and shrinking profit margins were highlighted by economists as cause for concern, with many expecting costs for wages to fall significantly over the next three months.
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Tesla boss Musk has warned China is already suffering a "recession of sorts", and Chinese GDP data out Monday shows growth way below Beijing's target.
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Medtronic to Spin Off Patient-Monitoring, Respiratory Interventions Businesses The medical-technology and services company said the businesses were slightly below its overall performance in terms of gross margin and revenue growth.
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But the September imports of 1.83 million barrels per day are lower than in August, as worries persist about the impact of Chinese economic slowing on demand.
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Down More Than 20% Last Month, Can AMD Stock Turn Things Around? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.
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Bankruptcy Court Approves FTX Purchase Agreement for Voyager Assets Major crypto exchange FTX has secured the approval of a U.S. bankruptcy court to take over the assets of troubled crypto platform Voyager Digital. In a statement, the platform said the U.S. Bankruptcy Court for the South...
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New Report: Web3 Can Add $1.1 Trillion to India GDP

Crypto News - 24 Oct 2022 12:37
New Report: Web3 Can Add $1.1 Trillion to India GDP The Web3 industry can add as much as $1.1 trillion to India's GDP by 2032, a new report from the Indian tech industry association Nasscom has shown. The massive value-add to the economy will come as India continues on it...
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Will UPS Stock Rise After Q3 Results?

Forbes - 24 Oct 2022 12:00
Will UPS Stock Rise After Q3 Results? United Parcel Service (NYSE: UPS) is scheduled to report its Q3 2022 results on Tuesday, October 25.
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An analysis of the 7.1 million mortgage applications filed in 2021 reveals the hot housing market changed home loans in several dramatic ways.
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The hand-built, battleship-sized electric car harks back to Cadillac's most preposterous years. Is it practical? Stupid question. Does it come in pink?
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What does ambition mean in a post-pandemic world?

Fast Company - 24 Oct 2022 09:00
What does ambition mean in a post-pandemic world? On the final episode of Ambition Diaries, we hear from mothers and daughters about how the pandemic changed how work fits into their lives. There’s been a lot of hand-wringing that, even amid a looming recession, no on...
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The upcoming week is the busiest of the third-quarter earnings season, with 165 S&P 500 companies, including 12 Dow components reporting.
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"Our forecast is for home price growth moderation to continue," Joel Kan, vice president and deputy chief economist at the Mortgage Bankers Association, said.
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Bitcoin's Mining Difficulty Jumps 3.44% Higher Reaching Another Lifetime High Bitcoin recorded another mining difficulty rise on Sunday, October 23, 2022, at block height 760,032 rising 3.44% higher. This means that not only is it 3.44% harder to find a bitcoin block subsidy, the network’s minin...
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