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Business News

Location American Business News for 5 December 2022
How to encash your discontinued National Savings Certificates (IX Issue)? After the decision was authorised and made public on December 1, 2015, the Department of Posts (DoP), which is under the direction of the Ministry of Communications, discontinued issuing National Savings Certificates (IX...
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WhatsApp: How to Send Messages to Yourself

AdWeek - 5 Dec 2022 16:55
WhatsApp: How to Send Messages to Yourself WhatsApp now allows users to send messages to themselves in the messaging application on mobile devices. For instance, users could send themselves a shopping list or leave themselves a reminder to complete a task. Our gu...
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The Put/Call Ratio Of Market Sentiment Went Crazy In November: What Can It Mean? The ratio of Put options (negative sentiment) to Call options (positive sentiment) is a powerful and accurate market indicator. It correctly predicted the latest 20% rally in the market since Sept 30. But last month the ...
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Blackrock CEO on FTX Collapse: Most Crypto Companies Aren't Going to Be Around The CEO of Blackrock, the world’s largest asset manager, says that most crypto companies will not be around following the collapse of crypto exchange FTX. However, the executive is still optimistic about blockchain tec...
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Jim Cramer Calls FTX Co-Founder Sam Bankman-Fried a Pathological Liar, Conman, and Clueless Idiot The host of Mad Money, Jim Cramer, says former FTX CEO Sam Bankman-Fried (SBF) is a pathological liar and a conman. “That guy is a clueless idiot. Intent means nothing. Saying sorry means nothing,” Cramer stressed. J...
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Russian Oil Exports Are Capped - Things To Know About The Mother Of All Sanctions. A disparate oil-purchase response of European countries to the war in Ukraine makes the oil-cap agreement quite remarkable. It will also be successful if the oil price cap of $60 /bbl is low enough to reduce Russian expo...
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Justin Verlander Jumps To Mets As Tough Quest For 300 Wins Continues The New York Mets won a spirited bidding war for star right-hander Justin Verlander.
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ABC News' president reportedly said that while the alleged affair wasn't against company policy, it had become a "distraction."
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How to stop porch pirates from getting to your holiday gift purchases Package theft: Doorbell cameras are one way to deter porch pirates. But you should also sign up for delivery notifications from USPS, UPS and FedEx to beat package thieves.      
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5 Ways to Acquire New Skills Without Going Back to School

Harvard Business Review - 5 Dec 2022 15:25
Fifty percent of jobs will require new skill sets in the next five years, according to the World Economic Forum.
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In a Downturn, Focus on Existing Customers -- Not Potential Ones

Harvard Business Review - 5 Dec 2022 15:15
It costs five times more to win a new customer than to retain a current one.
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Joint bank accounts can be good for relationships, studies suggest. But there are risks that hold many partners back.
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Shein admits working hour breaches and pledges £12m to improve sites Chinese fashion retailer responds after Channel 4 documentary alleged 18-hour days with one day off a month The Chinese fashion retailer Shein has vowed to invest $15m (£12.2m) in improving standards at its supplier fac...
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Billionaire Founder of Coinbase Rejects Sam Bankman-Fried's Account of Events, Says Funds Were 'Stolen' The CEO of the major crypto exchange Coinbase, Brian Armstrong, implied that the FTX founder Sam Bankman-Fried was a liar, stating that the latter couldn't have possibly missed billions of 'extra' dollars showing up in t...
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Big Tech CEOs are asking employees to step up —or step aside Tech CEOs from Meta to Amazon have a message for their employees: step up, or run the risk of being fired.
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Oil Price Rises After Russia Cap Kicks In

Wall Street Journal - 5 Dec 2022 12:49
Oil Price Rises After Russia Cap Kicks In The West imposed sanctions on Russian crude, pitching the energy conflict with Moscow into an unpredictable new phase that could inject further volatility into global oil markets.
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There's nothing financial markets want more than a pivot from the Federal Reserve in its interest-rate hike campaign. But it's the market itself that will prevent it, say strategists.
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Fed Could Pencil in Higher Interest Rates Next Year While Slowing Hikes in December Brisk wage growth could lead officials to consider raising their policy rate above 5% in 2023 to fight inflation.
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World's Biggest iPhone Factory Will Restart Full Production By Early January After Protests, Reports Says Production at the world's largest iPhone factory was disrupted last month after workers revolted against delayed payments and poor living conditions triggered by harsh zero-Covid measures.
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Europeans Cut Back on Spending, Pointing to Recession Ahead

Wall Street Journal - 5 Dec 2022 12:02
Europeans Cut Back on Spending, Pointing to Recession Ahead In contrast to the U.S., retail sales in Europe fell sharply as consumers were hit by significantly higher heating and electricity bills.
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Saudi Arabia's crown prince and a U.S. private-equity firm run by Barclays PLC's former chief executive are among investors preparing to invest $1 billion or more into Credit Suisse's new investment bank, people familiar...
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Vitalik Buterin on the crypto blues: Focus on the tech, not the price The Ethereum co-founder has recommended weary crypto investors to shift away from price watching and focus on the tech instead.
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