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Business News

Location American Business News for 16 November 2022
Brazilian Giovana Queiroz Aiming To Kick-Start Career In Women's Super League Giovana Queiroz Santos is a winner of the UEFA Women's Champions League and the Copa América Femenina. She has played in the Olympic Games and is looking forward to playing in her first FIFA Women's World Cup next summe...
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Jana SFB hikes deposit rates offer up to 7% on savings accounts & 8.35% on FDs Jana Small Finance Bank (SFB) has hiked interest rates on its deposit products such as savings accounts and fixed deposits.
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CBS Entertainment President Kelly Kahl Exiting Network After 26 Years Another broadcast president is departing. Kelly Kahl, president of CBS Entertainment, is leaving the network at the end of the year after five and a half years in the role. Kahl has been with CBS for 26 years, and his su...
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Inflation in October would have been almost 14% if the UK government hadn't put a price cap on household energy bills, the ONS said.
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Whole Foods 'not a good partner' for shutting Englewood store, Lightfoot says as aldermen OK $13 million in city money to reopen, rehab Save-a-Lots The city grant will help reopen an Auburn Gresham store that closed in 2020, plus rehab five more, mostly on the South Side.
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Even during his Tesla compensation trial, Elon Musk couldn't escape questions about his Twitter acquisition.
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DOJ And FTC Revisit In a joint brief submitted on November 10th, the U.S. Department of Justice and the Federal Trade Commission argued that McDonald's "no-poach" agreements appeared to be unlawful.
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Mark Cuban Says FTX Implosion Isn't Crypto Blowup -- Explains Why He Invests in Crypto Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, says recent blowups in the crypto space, including the FTX implosion, “have been banking blowups,” not crypto blowups. He also explained why...
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Elon Musk's Mars dream takes center stage at Tesla pay package trial Tesla is being sued by stockholders who claim the board was not independent of Elon Musk when it offered a pay incentive plan worth up to $55 billion.
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Winter tires make 'unimaginable' difference -- but only fraction of drivers use them Winter tires stay grippy at lower temperatures than the so-called 'all season' tires most people use year-round. Result: better steering and braking.      
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Judge Ends Trump-Era Title 42 Policy Used To Expel Migrants A federal judge on Tuesday struck down the CDC's Title 42 border policy, which both the Trump and Biden administrations used to expel asylum-seekers by citing concerns about the spread of Covid-19.
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Crypto Lender Genesis Suspends Withdrawals After FTX Collapse

Wall Street Journal - 16 Nov 2022 16:11
The swift demise of FTX created unprecedented turmoil for Genesis, causing the company's lending arm to be unable to meet all withdrawal requests, the company told clients.
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South Korean Police Probe Crypto Mining Outfit on 'Ponzi Scam' Suspicions South Korean police officers are investigating a crypto mining firm that allegedly failed to pay back its investors - after promising them monthly returns of up to 12%....
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Pantera Capital Believes Bitcoin Will Hit $150,000 Soon, Here's How and When Crypto asset manager Pantera Capital believes bitcoin (BTC) will hit close to $150,000 sometime in the first half of 2025, while also hinting that this cycle's bottom could be right around the corner. The predictions abo...
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Hunt risks further energy bill damage if windfall tax proves punitive As Jeremy Hunt, the chancellor, prepares to dip into the pockets of millions of taxpayers and businesses, it feels almost inevitable that the money-grabbing wheezes will include an extension of the windfall tax on oil an...
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BoostSecurity announces it has raised $8.5 million in funding for a solution to help developers identify vulnerabilities in their code.
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Target Earnings, Sales Sapped as Consumers Pull Back

Wall Street Journal - 16 Nov 2022 14:53
Target Earnings, Sales Sapped as Consumers Pull Back The retailer missed quarterly expectations and lowered forecasts for holiday season.
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Apple's Plans To Source Chips From Arizona Is Big News Apple's sourcing of semiconductor chips in the U.S. is a big step forward for American semiconductor manufacturing.
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Is Goldman Sachs Stock Attractive At The Current Levels? Goldman Sachs' stock (NYSE: GS) has lost roughly 3% YTD as compared to the 17% drop in the S&P500 index over the same period.
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Tencent Slashes Meituan Stake Worth $20 Billion, Posts Revenue Drop The Chinese social-media giant said it will distribute Meituan shares as a special dividend to Tencent shareholders.
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Bitcoin miners send less BTC to exchanges since 2020 halving despite FTX FTX volatility only resulted in a brief uptick in miner sales on exchanges, with the trend already returning to normal.
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FTSE 100 Stocks: Sage Group Rises 6% Following News Of Soaring Cloud Sales Organic sales, operating profits and margins all rose in the year to September 2022.
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