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Business News

Location American Business News for 18 February 2023
Star, Sony, Zee go off cable platforms over NTO 3.0 pricing The move comes on the back of television broadcasters having increased their bouquet and popular channels' prices between 10-15%, under the new amendments to the tariff order
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As a trailblazing founder, Fawn Weaver realized she must outperform everyone else if she wanted to be successful, she said.
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Late Auto Payments Expose Cracks in Consumer Credit

Wall Street Journal - 18 Feb 2023 12:30
Borrowers with low credit scores are falling behind on the their car payments in numbers unseen since 2010.
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A study suggests that many retirees give up tens of thousands of dollars.
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Here's what investors need to know as economists, investors and policy makers debate whether the Federal Reserve can avoid tipping the economy into a recession.
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The Fed Wins - Rates Higher For Longer The Implications There were three major data releases this week - the Consumer Price Index (CPI), Retail Sales, and the Producer Price Index (PPI), all for January. The CPI met expectations, rising +0.5% for the month of January.
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Venmo Credit Card Review -- Key Features, Pros & Cons

Money Crashers - 18 Feb 2023 20:00
If you use Venmo to send and receive money, you could be a good candidate for the Venmo Credit Card. Find out how this cash-back credit card can make everyday spending more rewarding for you. The post Venmo Credit Card R...
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Have a question about your own retirement savings? Email us at [email protected]
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The economics of cryptocurrency mining: Costs, revenues and market trends Explore the economics of cryptocurrency mining and the challenges and opportunities that exist in this rapidly evolving industry.
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A Balloon Engineer Explains What's Up

Wall Street Journal - 18 Feb 2023 14:00
A Balloon Engineer Explains What's Up The recent kerfuffle over the alleged Chinese spy balloon highlights a 'really cool technology' that has become more sophisticated than you might think.
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Fox network bosses thought it would be "irresponsible" to put Trump on air, a court filing part of Dominion Voting Systems' defamation lawsuit says.
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Grants of Up to $20,000 Available for Building Upgrades, Startup Expenses, and More Small business grant funds can help businesses achieve a huge array of goals. Here are grants of up to $20,000 available for building upgrades, startup expenses, and more.
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American "shadow traders" are taking advantage of insider secrets by investing in ETFs to avoid scrutiny from regulators, researchers have found.
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Supermarket giant Tesco to explore sale of banking arm Tesco, Britain's biggest supermarket chain, is to kick off a review of its presence in the UK banking sector - a move that could lead to a sale of the business.
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Coinbase CEO Urges Congress to Pass Clear Crypto Legislation -- Warns America Risks Losing Financial Hub Status Coinbase CEO Brian Armstrong has called on Congress to pass clear crypto legislation, warning that the U.S. risks losing its status as a financial hub. “Crypto is open to everyone in the world and others are leading,�...
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Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources fa...
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The Securities and Exchange Commission and Federal Trade Commission are investigating Abbott Laboratories' baby-formula business, the company said.
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Abbott Baby-Formula Business Under Investigation By SEC, FTC

Wall Street Journal - 18 Feb 2023 01:24
Abbott Baby-Formula Business Under Investigation By SEC, FTC The SEC's enforcement division sent a subpoena to Abbott in December requesting information about its powder infant-formula business and related public disclosures, the company said Friday in a securities filing.
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Airbnb, Norfolk Southern, Tesla: Stocks That Defined the Week

Wall Street Journal - 18 Feb 2023 01:03
Here are seven major companies whose stocks moved on the week's news.
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Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditi...
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Bitcoin Begins Bull Market? These Eight Key Indicators All Just Turned Green for the First Time Since Early 2021 Earlier this week, eight out of eight key on-chain and technical indicators tracked by crypto analytics firm Glassnode's "Recovering from a Bitcoin Bear" just signaled that the next Bitcoin bull market might be here. Tha...
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Qatari Bank Chairman Submits Bid On Manchester United A Bid For Manchester United Could Be Made As Early As Friday, Following 17 Years Under The Billionaire Glazer Family's Ownership.
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