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Business News

Location American Business News for 11 January 2023
Farmers in Brazil are risking their lives to harvest açaí — but they've been left out of the profits from the trendy berry's popularity Açaí has become one of the world's trendiest superfoods in recent years, but harvesting it is dangerous and not very lucrative for Brazilian farmers.
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As many as 3,200 people will be affected by the cuts, the investment bank says.
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4 AI and ML job hunting tips from Chip Huyen

Venture Beat - 11 Jan 2023 18:29
It may be a tough market, but author and computer scientist Chip Huyen says there are several ways AI and ML job-hunters can stand out.
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Disney is rolling back unpopular price hikes at its theme parks that were made under former CEO Bob Chapek The company will no longer charge parking for Disney hotel guests and has ensured it will release more lower-priced tickets at Disneyland California.
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Markets are premature in their optimism that wage inflation is fading, Barclays says Average hourly earnings figures "are notoriously noisy," month to month, Barclays cautioned ahead of Thursday's CPI reading.
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Real Estate Trends: Increasing Interest Rates Continue To Drive Down Mortgage Demand As interest rates continue to climb higher and the threat of recession becomes more real by the day, housing demand has slowed. Here's what investors and prospective home buyers need to know about the market right now.
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A Radical Rethink Of Corporate Real Estate To Create Business Advantage Boldly rethinking location to deliver flexibility and close the divide between office-based and "deskless" frontline workers will create a better organization in the long run.
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The government isn't banning gas stoves. But should it? Gas stoves are terrible for indoor air. But even the hint of potentia federal regulation caused a massive uproar. No, the federal government is not coming for your gas stove. At least not yet. Read Full Story
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U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry

Wall Street Journal - 11 Jan 2023 12:30
U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry Treasury officials are in Europe this week discussing price caps that go into effect next month.
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Billionaire investor Peter Thiel's investment into FTX becomes public for the first time in court documents filed in connection with the crypto exchange's bankruptcy.
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Stephanie McMahon, co-CEO of the sports-entertainment empire and daughter of returning Chairman Vince McMahon, abruptly announced she is leaving late Tuesday.
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Wells Fargo Is Shrinking Its Mortgage Business

Wall Street Journal - 11 Jan 2023 00:45
Once the nation's biggest mortgage lender, the bank will lend primarily to existing customers and minority borrowers.
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Bartenders Predict The Top Drink Trends Of 2023 (And The Trends They're Over) Negroni sbagliatos, AI bartenders, and other hot topic trends.
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Florida is one of the most expensive states for renters and it won't get any better until some rental regulations are overturned, a Florida Atlantic University economist said.
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The EU ban on Russian oil and the $60 per barrel price cap is costing the Kremlin over $170 million a day, think tank says Russia is losing $170 million a day after the latest sanctions, and losses could mount to $300 million a day in February, a Finland-based group said.
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Daily Dividend Report: AON, Metlife, Cintas, Realty Income, International Paper, Lakeland Financial Daily Dividend Report: AON, Metlife, Cintas, Realty Income, International Paper, Lakeland Financial
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Xavi Speaks On Super Cup, Winning First FC Barcelona Trophy And Aubameyang Return FC Barcelona head coach Xavi Hernandez has spoken on his team's chances of winning the Spanish Super Cup, potentially clinching his first trophy as manager, and the possible return of Pierre-Emerick Aubameyang.
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Mouse Jigglers, Fake PowerPoints: Workers Foil Bosses' Surveillance Attempts Companies that track employees' productivity run up against their inventive workarounds. A live stream called Sloth TV.
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Initial public offerings from Indian startups have remained largely in the deep freeze for the past 12 months. A personal-care-products startup is now hoping to break the curse.
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Rail union leaders tell MPs resolution over strikes further away than ever - video The transport select committee have heard that a resolution to rail strikes is further away than when negotiations started. Iain Stewart, the committee's Conservative chair, asked union leaders where where they were on a...
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Is Coca-Cola Stock A Better Pick Than Its Sector Peer? There is more to the comparison, and in the sections below, we discuss why we believe KO stock will offer better returns than PG stock in the next three years.
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BlackRock To Top The Earnings Consensus In Q4? We expect BlackRock to edge past the consensus estimates for earnings, while the revenues will likely match (just above) the expectations.
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