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Business News

Location American Business News for 6 December 2022
Danai Gurira On 'Wakanda Forever's Box Office Power And Audiences Embracing The Sequel "There are two things in our industry, right? There's the algorithm and the truth."
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Disney's 'Strange World' Plummets At The Theaters, But Not All Is Lost For Disney Animation Like all Disney animated features, the animation quality is superb, though the movie continues to see a lack of enthusiasm from theater goers.
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2022 Major Layoffs Grow: PepsiCo Laying Off Hundreds Of Staff, Report Says Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
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U.S. officials say popular social-media platform poses a range of security concerns.
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Supply-Chain Issues Slow Global Arms Sales

Wall Street Journal - 6 Dec 2022 16:00
Supply-Chain Issues Slow Global Arms Sales China, Asia and Europe close the gap on U.S. companies struggling with parts and labor shortages as the war in Ukraine increases demand.
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NRG Energy to Buy Vivint Smart Home for $2.8 Billion

Wall Street Journal - 6 Dec 2022 14:25
NRG Energy to Buy Vivint Smart Home for $2.8 Billion Deal for Vivint, which offers integrated home systems that include security, lighting and other services, would accelerate NRG's consumer-focused growth strategy.
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What's Next For Anheuser-Busch InBev Stock After A 17% Rise In A Month? This outperformance can partly be attributed to an upbeat Q3 performance, with sales and earnings rising, driven by higher demand.
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Republicans Are Guilty Of Helping Biden Spend Massive Amounts Of Money Democrats love spending money. Turns out, so do a lot of Republicans.
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Bitcoin Prices Have Been Holding Up Well Lately--What's Next For The Cryptocurrency? Bitcoin prices have been fluctuating within a modest range over the last several weeks, moving between roughly $15,500 and $17,500. Where will the cryptocurrency go next? Several market observers weigh in.
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Amazon is offering customers $2 per month for letting the company monitor the traffic on their phones The deal is part of Amazon's Shopper Panel program that offers financial rewards to users if they share their receipts and fill out surveys.
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Airbus Warns It Will Miss Full-Year Delivery Target

Wall Street Journal - 6 Dec 2022 22:43
Airbus Warns It Will Miss Full-Year Delivery Target Plane maker continues to encounter supply-chain issues.
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The new Christmas Eve walkout threatens to hit celebrations and travel over the festive weekend.
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Report: South African Digital-Only Bank Launches Crypto Payments Gateway A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric ...
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HBO Max Comes Back to Amazon's Platform After Yearlong Absence The streaming service will be available on Amazon Prime Video Channels as its parent looks to increase revenue.
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Bankrupt crypto lender Celsius gets the go-ahead to hand out $2.8 million in bonuses to keep employees from quitting Celsius has also asked the court to let it sell $18 million of user-deposited crypto to pay its bills, in a tussle over who the assets belong to.
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Wall Street's top commentators are torn on what the Federal Reserve will do next. Here's what to know. Wharton's Jeremy Siegel and former Treasury Secretary Larry Summers have taken divergent views on the Fed rate hike predictions.
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A lucky couple won The National Lottery and became millionaires just seven days before they got married.
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'I could not believe my eyes. I work in PR, I'm 26, and I don't even earn six figures.'
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Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and i...
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PUBG Mobile hits $9B in lifetime consumer spending

Venture Beat - 6 Dec 2022 03:15
PUBG Mobile spending has just crossed $9 billion, a few months ahead of the game's fifth anniversary according to Sensor Tower data.
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Employees of Neuralink told Reuters that the brain chip company has killed roughly 1,500 animals, and some of the deaths could have been avoidable.
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Martin Lewis charity highlights mental toll of cost of living crisis Survey finds nearly a fifth of respondents have had suicidal ideation about financial problems The shocking impact that soaring bills are having on mental health has been laid bare by a report that highlights how money w...
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