Business News
A warning sign has been flashing red: How weak RV sales could mean a 2023 recession.
USA Today - 3 Jan 2023 12:00
A recession warning sign has been flashing red. RV sales have weakened dramatically in recent months, possibly indicating a downturn.
Outstanding microfinance loan portfolio to rise 20.3% in FY23 in India: MFIN
livemint.com - 3 Jan 2023 16:07
During the last fiscal, the total outstanding of the MFI sector was ₹2.7 lakh crore, and the sector had created around 1.32 crore jobs in the country since 2000, Micro-Finance Institution Network (MFIN) CEO Alok Misra ...
A space news website was locked out of Twitter while covering a SpaceX launch, its editor says
Business Insider - 3 Jan 2023 22:42Why Ken Block was such a masterful marketer
Fast Company - 3 Jan 2023 18:20
Block, who died in a snowmobile accident on Monday, knew how to connect with audiences in an authentic way. On Monday, DC Shoes cofounder, Hoonigan founder, and rally-car driver Ken Block died in a snowmobile accident at...
When CEOs Take A Pay Cut, What Difference Does It Make?
Forbes - 3 Jan 2023 03:57
AMC's Adam Aron, said he didn't want a raise, while shareholders are hurting. Such CEO sacrifices sometimes help, but can also backfire.
Shopify Chases Big Retailers With a More Flexible Way to Use Its Ecommerce Tools
AdWeek - 3 Jan 2023 20:33
Shopify is debuting a new way for major retailers to pick and choose from its ecommerce tools as the platform looks to widen its client base beyond small businesses. With the Canadian b-to-b ecommerce software giant's ne...
Inflation won't stop 2023 auto sales growth amid chip recovery
Chicago Tribune - 3 Jan 2023 19:01
With factories picking up pace again, consumers will buy more vehicles this year even if automakers have to help them manage rising interest rates by cutting today's lofty prices.
Meta to decide whether to lift Donald Trump Facebook ban 'in the coming weeks'
New York Post - 3 Jan 2023 17:05
Trump was banned from Facebook following the Jan. 6, 2021 rioting at the US Capitol.
Shopify Announces New Way For Big Retailers To Use Its Platform
Forbes - 3 Jan 2023 16:00
Shopify is now giving large retailers the option to pick and choose Shopify components for their ecommerce needs.
University of California to Invest $4 Billion in Blackstone's BREIT Real-Estate Vehicle
Wall Street Journal - 3 Jan 2023 15:30
The University of California is putting $4 billion into a Blackstone real-estate vehicle aimed at individual investors, providing crucial ballast for a fund that has been beset by a wave of redemptions.
How Sam Bankman-Fried Negotiated His Bail
The New York Times - 3 Jan 2023 15:04
Intense legal wrangling led to the disgraced crypto mogul paying virtually nothing to live with his parents ahead of his upcoming trial. He returns to court on Tuesday.
Crossing The Emissions Gap Between Inflation Reduction Act And 2030 NDC Is Worth 4 Million Jobs
Forbes - 3 Jan 2023 14:45
The U.S. is off track for its climate goals, despite more than $500 billion in climate and clean energy funding. Crossing the emissions gap between IRA and 2030 NDC is worth 4 million jobs - and a safe climate.
Grayscale Ethereum Trust Discount Reaches Record 60%, GBTC at 45%
Crypto News - 3 Jan 2023 14:35
The Grayscale Ethereum Trust (ETHE) is currently trading at a steep discount to its assets under management (AUM) amid dwindling institutional interest in the fund. As of now, the fund's discount to net asset value (NAV)...
A stock market crash and a Great-Depression-style economy are among the boldest forecasts for 2023.
Business Insider - 3 Jan 2023 13:10Tax attorney breaks down the MicroStrategy Bitcoin sale
Coin Telegraph - 3 Jan 2023 13:07
MicroStrategy's recent sale of a portion of its Bitcoin treasury holdings puts cryptocurrency tax-loss harvesting into the spotlight.
Is Charles Schwab Stock Fairly Priced?
Forbes - 3 Jan 2023 13:00
Charles Schwab stock (NYSE: SCHW) has lost 2% YTD as compared to the 19% drop in the S&P500 index over the same period.
Crypto technology will shift towards 'steadier hands' in 2023: Circle CSO
Coin Telegraph - 3 Jan 2023 04:26
Turmoil in the crypto sector in 2022 will see the tech change hands to "more regulated and established institutions," said Circle's chief strategy officer.
Futures Movers: After a rough 2022, U.S. stock futures rise ahead of first trading week of 2023
Market Watch - 3 Jan 2023 01:29
U.S. stock-market futures rose Monday, suggesting gains ahead of the first trading day of 2023.
NYT's Penn Station area report conveniently omits own condemnation history
New York Post - 3 Jan 2023 01:21
As I wrote in 2010, such omissions by the Times smack not of amnesia, but "of a willful strategy to keep its readers in the dark."
Explorer, The Concentrated Coffee Brand Offering Four Caffeine Levels, Raises $2.5 Million To Elevate At-Home Coffee Drinking Experience
Forbes - 3 Jan 2023 00:38
Brooklyn-based coffee concentrate startup Explorer, founded by mountaineer and former Bain & Company consultant Cason Crane, plans to further strengthen its distribution partnership with Delta Air Lines and make its fora...
Crypto: Gemini's Cameron Winklevoss accuses crypto exec Barry Silbert of 'bad faith' stalling over frozen funds
Market Watch - 3 Jan 2023 00:29
Cameron Winklevoss, co-founder of crypto exchange Gemini Trust Co., lashed out at Digital Currency Group CEO Barry Silbert on Monday, accusing him of "bad faith stall tactics" over nearly a billion dollars' worth of cust...
'The Menu' is a new horror comedy starring Ralph Fiennes and Anya Taylor-Joy — here's how to watch the critically acclaimed thriller
Business Insider - 3 Jan 2023 23:51
The dark satire follows a couple who travel to an exclusive restaurant only to discover a dangerous surprise. You can stream "The Menu" on HBO Max.