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Business News

Location American Business News for 13 January 2023
Column: With In-N-Out, Tennessee officials are double-doubling down on California In-N-Out made headlines after announcing it will open up shop in Tennessee. But lost in the hubbub is the state's use of California to solve an identity crisis.
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Brokers and financial advisers are steering clients to assets that don't trade. Such securities can often be dodgy, sometimes lose all their value--and getting out is a lot harder than getting in.
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The Crossword: Friday, January 13, 2023

The New Yorker - 13 Jan 2023 13:00
The Crossword: Friday, January 13, 2023 Today's theme: Pocket money.
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What Challenges Do Startups Face And How Can You Overcome Them? From raising capital to complying with government regulations, it can be difficult for startups to survive and thrive in a competitive market.
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Why Peak TV Is About to Enter a Bear Market

AdWeek - 13 Jan 2023 01:48
Why Peak TV Is About to Enter a Bear Market FX chairman of content and productions John Landgraf, who coined the phrase "peak TV" back in 2015, believes the industry has indeed peaked. In 2022, Television output increased to 599 scripted series--the most of all ti...
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Kyle Larson's Indianapolis 500 Deal With Arrow McLaren For 2024 Took A Little Patience Kyle Larson, the 2021 NASCAR Cup Series champion, finally gets a ride in the Indianapolis 500. But he must remain patient because he has to wait until the 2024 Indy 500.
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Japan's 10-Year Government Bond Yield Breaches New Cap

Wall Street Journal - 13 Jan 2023 08:28
Strong inflation data have sparked speculation among investors that the BOJ will lift the cap again, or even scrap its yield-curve control policy altogether.
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The Galaxy S23 Ultra will reportedly have better speakers and microphones, but it is unclear if the other Galaxy S23 series phones will have these capabilities.
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Bank of America saw yearly gains in net interest income thanks to higher rates in the fourth quarter.
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Why Apple CEO Tim Cook just called for his own 40% pay cut Even with the major cut, Cook is likely to remain one of the top earners, with an estimated $49 million in 2023. Apple is cutting Tim Cook’s total pay by more than 40% on the chief executive’s own guidance. Read Full...
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"We still do not know the ultimate effect" that the war in Ukraine and higher interest rates will have on the US economy, Dimon said Friday.
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Forbes Gives Alchemy Pay Web3 Innovation Pioneer Award PRESS RELEASE. Singapore, 12 January 2023: Fiat-crypto payment gateway Alchemy Pay and its co-founder and majority shareholder, Shawn Shi, have been officially recognised by Forbes with the Web3 Innovation Pioneer award ...
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China's Housing Market Will Revive but Might Not Thrive

Wall Street Journal - 13 Jan 2023 12:33
The nation's housing market, a driver of global growth, will rebound this year. But its foundation is weaker than before the crisis.
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Laid Off? This is your blueprint for starting your own business Whether you’ve lost your job or if you are looking for a career change, here’s what steps to take to strike out on your own. When you go through a messy break up some might tell you that “it’s for the best.” Wh...
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Private jet emissions quadrupled during Davos 2022

The Guardian - 13 Jan 2023 08:00
Private jet emissions quadrupled during Davos 2022 Climate campaigners accuse leaders of hypocrisy as flights emit as much CO2 in a week as 350,000 cars Private jet emissions quadrupled as 1,040 planes flew in and out of airports serving Davos during the 2022 World Econo...
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Binance Now Authorized in 7 EU Countries -- Sweden Becomes Latest Member State to Give Approval Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Overall, Binance has been approved to operate in 15 jurisdictions, including se...
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Apple CEO Tim Cook to Take a 40% Pay Cut This Year

Wall Street Journal - 13 Jan 2023 03:04
Apple CEO Tim Cook to Take a 40% Pay Cut This Year The iPhone maker said in a filing that Mr. Cook recommended the reduction
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Winklevoss slams SEC charges against Gemini as 'super lame... manufactured parking ticket' Tyler Winklevoss hit back at the SEC charging Gemini, calling the action "totally counterproductive" in a series of tweets.
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Adidas Loses Trademark Lawsuit Against Thom Browne Over Stripe Design Adidas "does not own stripes," a lawyer for Thom Browne said during closing arguments, according to Bloomberg Law.
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Online lending platform LendingClub Corp. on Thursday said it would lay off 225 employees, or 14% of its staff.
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Delta and other airlines had said demand remained strong throughout the quarter.
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How Retailers and Brands can Thrive amid High Inflation

Retail Touch Points - 13 Jan 2023 14:52
How Retailers and Brands can Thrive amid High Inflation With an impending recession and continued high inflation, shoppers are becoming hyper-attuned to how and where their money is being spent.According to Attest, a consumer research platform for the world's largest and fast...
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