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Business News

Location American Business News for 27 November 2022
Elon Musk Plans to Launch Alternative Phone if Apple, Google Boot Twitter off Their App Stores Tesla CEO and Twitter boss Elon Musk says he will make an alternative phone if Apple and Google boot Twitter from their app stores. Many people want him to go ahead with a phone launch even if Apple and Google do not dep...
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Air India has ordered its cabin crew to dye their gray hair, report says Air India gave its cabin crew a 40-page booklet outlining stricter regulations regarding personal appearance in a bid to improve its reputation.
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'Bhediya' Box Office Day 2: Varun Dhawan-starrer mints ₹15 crore Maddock Films, the production house behind the Amar Kaushik-directed film, said that the box office total of Bhediya stands at ₹26.66 crore following the addition of ₹14.6 crore on day two.
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Exxon Mobil Has a Potash Problem in the Permian Basin

Wall Street Journal - 27 Nov 2022 12:30
Exxon Mobil Has a Potash Problem in the Permian Basin The Texas-based oil giant shares a chunk of New Mexico land with mining companies, which makes drilling there a challenge.
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Taiwan Ruling Party Drubbed In Local Vote; Ex-Exec At Tech Billionaire Terry Gou's Foxconn Elected Chip-Hub Mayor Vote followed heightened military tension with Beijing after U.S. House Speaker Nancy Pelosi's visit in August
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J.P. Morgan Is Betting Big On The Future Of Healthcare The financial institution is attempting to become a catalyst for meaningful disruption.
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Binance CEO: Most Governments Understand Crypto Adoption Will Happen Regardless Binance CEO Changpeng Zhao (CZ) says that most governments know that crypto adoption will happen regardless of what they do. “It’s better to regulate the industry instead of trying to fight against it,” the Binance...
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A former Nazi encampment on a tiny Channel island can be yours for about $50,000 The facility on Alderney, near Guernsey, is an "amazing opportunity to own seven acres of WWII history", according to the agency handling the sale.
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SEC chair Gary Gensler rushing to unveil big changes amid FTX scandal The word inside the SEC is that Gensler wants to get his proposed changes done before the new GOP Congress takes over Jan. 3.
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Whole Foods upsets Maine politicians with decision to stop selling lobster Whole Foods' decision to stop selling Maine lobster has upset politicians from the nation's largest lobster-producing state.
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Chevron Gets New U.S. License to Pump Oil in Venezuela Again

Wall Street Journal - 27 Nov 2022 00:02
Chevron Gets New U.S. License to Pump Oil in Venezuela Again The license was granted after Venezuelan President Nicolás Maduro's government and an opposition coalition agreed to implement a humanitarian program and continue talks on efforts to hold free and fair elections.
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World's Top-Selling Drug Going Off Patent Means Big Bucks for Middlemen As AbbVie's Humira faces copycat biologics, the biggest beneficiaries will be the middlemen negotiating and dispensing the drugs such as Cigna and CVS.
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What to Know About RMDs and Retirement Planning

Wall Street Journal - 27 Nov 2022 17:00
People planning for retirement need a game plan for required minimum distributions. Do it right, and they'll keep more savings in their pockets--and less in the government's.
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Trump recently hosted Kanye West at a controversial dinner at Mar-a-Lago along with white supremacist Nick Fuentes.
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The cartel and its allies are due to make a big call on oil production next week, a day before expanded sanctions are set to strike Russia's energy industry.
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3 Market Sectors That May Be (Mostly) Recession-Proof The market could be telling a different story than what you assume given current economic conditions. This article discusses the top three unexpected trends we are seeing despite persistent inflation and the looming rece...
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Elon Musk predicts 'Twitter 2.0' will have 1 billion users a month by 2024 Elon Musk said on Saturday that Twitter signups and active minutes were at a record high as he continues to transform the site in his vision.
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Putin Calls for International Settlements Based on Blockchain and Digital Currencies Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital curren...
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China's Economy Faces Challenges Despite Moves to Boost Growth

Wall Street Journal - 27 Nov 2022 12:30
China's Economy Faces Challenges Despite Moves to Boost Growth Most economists doubt China's economy will return to the heady expansion of prepandemic days soon, if ever.
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Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matte...
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5 free, time-saving Chrome extensions for Gmail

Fast Company - 27 Nov 2022 06:00
5 free, time-saving Chrome extensions for Gmail Sometimes the best way to use Gmail is to use it as sparingly and productively as possible. Here’s how. I don’t know about you, but for me, it seems that email and social media are waging a never-ending war against e...
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Black Friday Traffic Up 2.9% As Shoppers Return To Stores Consumers were back in stores on Black Friday as shopper visits increased by 2.9% compared to last year. Consumer sentiment data showed that price, availability, and convenience were among the top factors shoppers consid...
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