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Location American Business News for 25 December 2022
Do small businesses really need non-compete clauses? Not really | Gene Marks These types of restrictions serve a purpose, at least for some companies of a particular size - otherwise, let workers go where they please Once upon a time a business would hire an employee and make them sign an employm...
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Why Investors Need Better Corporate Tax Disclosures- Part II In Part II, I review the commonly used corporate techniques to shelter profits in overseas low tax havens and why an ESG investor might want to push for more transparent jurisdiction by jurisdiction data. I suggest a ten...
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Musk says Twitter 'not on the fast lane to bankruptcy anymore' Elon Musk says Twitter is "not on the fast lane to bankruptcy anymore", but admits there is "still much work to do".
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Why Energy Stocks Are Moving Up After The Most Recent Slump Energy stocks fell sharply. Now they're headed back up. Here's everything investors need to know about the swings caused by Russia, China, and the United States.
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For US small businesses, interest rates are next year's key issue It's going to be a painful year for many business owners. But there is good news - this won't last for ever Most small businesses in the US will continue to grapple with a slower economy, inflation, supply chain challeng...
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A Meta worker praised the Instagram and Facebook owner's perks and company culture in a post on the anonymous professional networking site Blind.
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Wall Street Nailed Earnings but Missed the Bear Market

Wall Street Journal - 25 Dec 2022 12:30
It is a reminder of the perils of forecasting markets: You can be exactly right and dead wrong at the same time.
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US Government Delays Tax Reporting Rules for Cryptocurrency Brokers The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bi...
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Germany's Energy Crisis Is a Cue to Chop Wood and Stock Up

The New York Times - 25 Dec 2022 12:00
Germany's Energy Crisis Is a Cue to Chop Wood and Stock Up The high cost of natural gas and electricity is prompting many to prepare for outages and shortages. For some, it's been a way of life for years.
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Short-sellers make $15 billion betting against Tesla as shares in Elon Musk's company sink by 70% this year Bets against Elon Musk's EV maker proved more lucrative than any other US company this year, as the carmaker's value fell by about $800 billion.
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Mammootty's new film to release in January 2023

livemint.com - 25 Dec 2022 09:46
Mammootty's new film to release in January 2023 Mammootty's new Malayalam film 'Nanpakal Nerathu Mayakkam' directed by Lijo Jose Pellissery will release in cinemas in January 2023
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Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using...
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JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can...
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Jim Cramer Urges SEC to Do a Big Crypto Sweep -- Says 'I Wouldn't Touch Crypto in a Million Years' The host of Mad Money, Jim Cramer, says he would not touch crypto in a million years. He called investors who own various altcoins idiots and urged the U.S. Securities and Exchange Commission (SEC) to do “a big sweep�...
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Numerous Strategies Have Failed To Get Advertisers Back On Twitter With Elon Musk agreeing to resign as CEO after he conducted a Twitter poll asking whether he should step down and 57.5% of the 17 million respondents said yes, the question is who should run the troubled company and how ...
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Tesla suspended production at its Shanghai plant on Saturday, bringing ahead a previous plan to pause most work at the plant in the last week of December, Reuters reported Saturday.
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Time in the market: Ways to approach crypto investing in 2023 After a challenging year, should investors still consider investing in crypto in 2023?
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XRP Price Prediction - Will XRP Break the $3 Mark in 2023? Given the market slowdown, XRP price prediction remains bearish, as it has broken through a symmetrical support level at $0.3735. However, XRP is now trading just below the double-bottom support becoming a resistance lev...
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Dallas Mavericks Unveil Statue Honoring Dirk Nowitzki In a Christmas Day ceremony, the Dallas Mavericks paid tribute to the team's ultimate legend.
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Bitcoin Hashrate Slides as Texas Miners Curtail Hashpower to Bolster the Grid Bitcoin's total hashrate tapped a low of 170 exahash per second (EH/s) on Dec. 25, as reports noted that bitcoin miners in Texas curtailed their hashpower during a massive winter freeze. Statistics show that close to 100...
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The Good, Bad And Ugly From The Green Bay Packers' Win Over The Miami Dolphins Rasul Douglas and the Green Bay Packers kept their playoff hopes alive Sunday with a big win in Miami.
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Air Travel Stabilizes Though Winter Storm Cancellations Persist

Wall Street Journal - 25 Dec 2022 23:11
Air Travel Stabilizes Though Winter Storm Cancellations Persist The Buffalo Niagara airport said it would remain closed until Tuesday, and the FAA said Sunday wind and snow could continue to cause delays.
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