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Business News

Location American Business News for 26 January 2023
The 23-year-old patient said she had been using cannabis for several years, and that the only thing that soothed her nausea was a hot bath.
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There were 107,898 winners who shared the prize fund of £987,487.
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She planned to do the trip with friends, and ended up there alone. But it turned into a time of exploration and revelation.
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Bed Bath & Beyond Says Banks Cut Off Its Credit Lines

Wall Street Journal - 26 Jan 2023 22:57
Bed Bath & Beyond Says Banks Cut Off Its Credit Lines The retailer said it doesn't have the funds to repay its banks after they determined the company has defaulted on its credit lines.
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Retired U.S. General: A former commander of U.S. forces in Europe predicts that Ukraine will liberate Crimea sooner then you might think
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Wagner's limited gains in eastern Ukraine have come at a high cost and triggered rifts between the mercenary group and the Russian military.
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How much of Morrisons' weak financial result was self-inflicted? | Nils Pratley The grocer's buyout by a US private equity firm in late 2021 was spectacularly badly timed It was a year of transition, said David Potts, chief executive of Morrisons, referring to the grocer's £7bn takeover by the US p...
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US economy grows strongly but interest rate rises starting to slow momentum Gross domestic product increased at 2.9% annualized rate in fourth quarter but economists expect recession later this year The US economy maintained a strong pace of growth in the fourth quarter as consumers boosted spen...
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'Should I have even informed my family of what my father was doing until after the house was paid and became a family asset?'
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Tesla Slashes Prices Up To 20 Percent, Sending Shockwaves Through EV Industry Tesla's price drops are officially cited as a drop in supply chain prices, but others think it's a savvy sales ploy after a rough year
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Under Armour Stock Up 28% Over Last Month, What's Next? Under Armour (NYSE: UA), a sports equipment company that manufactures footwear, sports, and casual apparel, has increased by 28% over the last twenty-one trading days (one month) and currently stands at around $11.
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High-earning men are cutting back on their working hours While most US workers are putting in fewer hours, men in the top 10% of earners cut back their time on the job the most, according to a new study
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Dow to Cut 2,000 Jobs Globally

Wall Street Journal - 26 Jan 2023 14:36
Dow to Cut 2,000 Jobs Globally The Michigan-based chemicals company said it is also shutting down certain assets as it seeks to cut costs by $1 billion this year.
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Coinbase Fined $3.6M by Dutch Central Bank - Here's Why United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction. In a...
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Inside the 'Invisible House' on sale for $18 million in Joshua Tree The buzzy property has been featured on a Netflix show and has hosted celebrities such as Alicia Keys, Diplo and Demi Lovato, according to the owner.      
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A recession in 2023 could take biggest toll on West, Northeast. See how your state may fare A recession in 2023 could hit the West and Northeast hardest. The Midwest is likely to best withstand a downturn.      
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CEO Satya Nadella prepares Microsoft for an epic bounce-back Microsoft reported earnings, and its cloud growth is slowing down. But CEO Satya Nadella shared plans for how Microsoft can rebound with the economy.
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I'm a general manager on a $450-million cruise ship. I'm on duty 24 hours but it's worth it to travel the world in a floating 5-star hotel. General manager Alessandro Menegazzi shares what it's like to eat, sleep, and work aboard the luxurious Regent Seven Seas Explorer.
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A home flipper who helps sellers get up to 30% more for their properties shared 5 easy upgrades that help boost resale value — and 5 design choices that turn buyers off Framed digital art is in and black faucets are out, said Erin Lichy, a real-estate agent and soon-to-be "Real Housewives of New York City" star.
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Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authoriti...
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Moonbirds creator Kevin Rose loses $1.1M+ in NFTs after 1 wrong move Among the nonfungible tokens (NFTs) stolen from the PROOF co-founder were 25 Chromie Squiggles and one Autoglyph NFT.
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DOT Probes Southwest Airlines Scheduling After Holiday-Travel Meltdown Southwest says it will cooperate with requests or inquiries from government officials.
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