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Business News

Location American Business News for 10 December 2022

How to Become Santa Claus

The New York Times - 10 Dec 2022 07:00
Four pros share their tips for making magical Christmas memories.
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You're Hired! No Interview Required in Tight Labor Market

Wall Street Journal - 10 Dec 2022 12:30
You're Hired! No Interview Required in Tight Labor Market Some companies are dropping interviews for hourly and temporary roles amid a persistent shortage of workers.
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European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on ...
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Binance and Crypto.com Publish Proof-of-Reserve Audits Conducted by Global Auditor Mazars Group This week two cryptocurrency exchanges provided proof-of-reserves in order to highlight that the trading platforms are backing customer assets 1:1. Binance published its report on Dec. 7, 2022, and detailed the global au...
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Zebra Technologies Appoints New CEO and Executive Board Chair

Retail Touch Points - 10 Dec 2022 00:36
Zebra Technologies Appoints New CEO and Executive Board Chair Zebra Technologies has named Chief Product and Solutions Officer Bill Burns as its next CEO and board member, effective March 1, 2023. Current CEO Anders Gustafsson has been named Executive Chair of the Zebra Board of Di...
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A $16 million batch of funding was reportedly in part used to purchase an apartment in the Bahamas for The Block's CEO; SBF funded the site in secret.
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Dimon Highlights Need For More Oil And Gas Investment As Vanguard Bails On ESG Group During an appearance on CNBC's "Squawkbox" program, J.P. Morgan CEO Jamie Dimon said "If the lesson was learned from Ukraine, we need cheap, reliable, safe, secure energy, of which 80% comes from oil and gas."
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Are Bank Stocks Sending A Market Warning?

Forbes - 10 Dec 2022 14:41
Are Bank Stocks Sending A Market Warning? The plunge in the bank stocks last week got the market's attention with some thinking it was a dip to buy. The Viper Report's Tom Aspray takes a technical look at the financial sector and the banks to determine where the...
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What recession? Luxury homes have never been more expensive — see the 30 priciest ZIP codes in America Atherton, California, tops America's list of most expensive zip codes, followed by Sagaponack, New York, and Ross, California.
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Bitcoin bulls protect $17K as trader eyes key China BTC price catalyst China offers a potential leading indicator for Bitcoin price strength with U.S. economic data due next week.
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Bank of Russia Backs Crypto Mining Bill But Insists Minted Coins Should Be Exported The monetary authority in Moscow has expressed support for the latest legislative attempt to legalize cryptocurrency mining. However, the regulator wants the extracted digital currency to be sold outside the country or o...
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Tesco to kick off search for successor to long-serving chairman Allan Britain's biggest retailer is preparing to kick off a search for a new chairman, firing the starting gun on a race to fill one of the FTSE-100's most prestigious boardroom posts.
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Take a look at the world's first 'upcycled' skyscraper that's been crowned building of the year The 49-storey Quay Quarter Tower in Sydney, Australia has won a string of awards for its innovative and sustainable construction.
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Christmas advent calendar recalled due to possible serious health risk Lidl says the issue was discovered during routine testing of its 8.4 ounce Favorina-branded advent calendar (premium chocolate with a creamy filling).
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Brad Pitt Sells Stake in Production Company to Mediawan

Wall Street Journal - 10 Dec 2022 02:28
Brad Pitt Sells Stake in Production Company to Mediawan Plan B is latest production company affiliated with a big star to find a buyer in recent years, as independent studios look to capitalize on the robust appetite for fresh content sparked by a boom in streaming services.
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Coinbase CEO Says Regulation Could Boost USD Coin Usage

Wall Street Journal - 10 Dec 2022 02:21
The stablecoin is in a heated battle with tether for market share as recent crypto woes erode trust.
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Buzzy clothing brand Something Navy owed an Indian supplier $364,000 — and didn't pay the full balance until we started reporting on it Arielle Charnas' clothing line, Something Navy, has been struggling for months, and only paid one supplier days before Insider broke a story on them.
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Streaming Video Services Seek A Balance Between Growth And Profitability Investors in media companies have turned sour on streaming video services, the vast majority of which are bleeding red ink.
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FTC's Move to Block Microsoft-Activision Blizzard Deal Came Despite Charm Offensive The software giant had been working for nearly a year to calm regulators' concerns about its acquisition of the videogame developer, but the agency's lawsuit raises doubts about Microsoft's pledge not to shut out rivals.
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How to clear your YouTube cache to improve performance and clear storage YouTube has a cache you can clear to reclaim storage space and speed up your viewing on the mobile app.
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Data shows the Bitcoin mining bear market has a ways to go The 2022 bear market is impacting BTC miners in more extreme ways than previous downturns, especially with so many publicly listed miners struggling with their debt obligations.
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Amazon says popular driver tip program ended after about a million 'thank yous' -- 1 day after it started The promotion, which allowed shoppers to tip a delivery driver $5 at no cost to the customer, ended one day after it started.      
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