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Business News

Location American Business News for 28 March 2023

Is Empowering Corporate Women Enough?

The New York Times - 28 Mar 2023 11:00
Is Empowering Corporate Women Enough? Turmoil at Chief, a women's networking organization, raises a long-simmering question: Is amassing power for corporate women a worthy goal in itself?
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6 'facts' about human evolution that are wrong

Business Insider - 28 Mar 2023 23:09
6 'facts' about human evolution that are wrong Human evolution is a complex topic that's easy to misunderstand and many myths persist about the past, present, and future of the human species.
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'Power Trip' Festival Set To Return In 2023 With Massive Metal Headliners Metallica, Iron Maiden, and the prince of darkness Ozzy Osbourne, are rumored to headline the southern California rock festival this year.
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Commercial Dehumidifier Choices for Business Use

Small Business Trends - 28 Mar 2023 16:30
Commercial Dehumidifier Choices for Business Use We sorted through the many commercial dehumidifier options on Amazon to bring you this buying guide. Have a look at our picks below.
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Seasonal Business? Eight Strategies For Thriving In The Off-Season Finding ways to attract customers during the off-season can be challenging, but it is essential for the long-term success of a business.
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How gambling laws may be updated after William Hill's £19.2m fine It has been 18 years since the country's gambling laws were properly updated but the industry has transformed in that time.
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Jordan Sugar-Carlsgaard says working at Airbnb with Chesky has been an "eye-opening experience," because he wants to be available to everyone.
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Apple Rolls Out Buy Now, Pay Later Plan

Wall Street Journal - 28 Mar 2023 20:39
Apple Rolls Out Buy Now, Pay Later Plan The tech company will let users apply for loans of as much $1,000 with no interest or fees.
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The State of Payment Methods: More Choice and Economic Changes Are Affecting How Consumers Spend Although debit still reigns supreme, with consumer preferences moving toward digital, cash and checks will continue to be displaced in the US.
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Wells Fargo Stock Is Trading Below Its Fair Value Wells Fargo's stock (NYSE: WFC) has lost approximately 12% YTD as compared to the 3% rise in the S&P500 index over the same period.
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New Shell CEO Faces Big Dilemma: Should the Company Pump More Oil? Wael Sawan says he knows some people are going to be unhappy when he completes his business plan for the energy giant.
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How Starbucks' New CEO Is Trying To Brew Employee Trust When Laxman Narasimhan joined the company, he made an interesting (but very deliberate) choice about where to spend his time.
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United Auto Workers Usher In New Era of Leadership

The New York Times - 28 Mar 2023 00:45
United Auto Workers Usher In New Era of Leadership Shawn Fain, who ousted the incumbent president, is presiding over a convention to chart the union's approach in contract talks this year.
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Why Morningstar is exiting its PMS business in India

livemint.com - 28 Mar 2023 19:30
Why Morningstar is exiting its PMS business in India Last week, portfolio manager Morningstar Investment Adviser India made a surprise announcement: It was winding up its portfolio management services (PMS) business in the country
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U.S. bond yields rise for a second day on Tuesday as economic data points to resilience in the economy, reducing buying of safe-haven assets.
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Home Prices Fall for Seventh Straight Month

Wall Street Journal - 28 Mar 2023 15:00
Home Prices Fall for Seventh Straight Month The Case-Shiller index fell 0.2% in January compared with December, as increased mortgage rates continued to slow the housing market.
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Binance's BUSD Stablecoin Sees $500M Outflows After CFTC Lawsuit Some analysts say Binance's recent decision to include other stablecoins in its zero-fee trading program could have contributed to lesser dependence on BUSD.
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China spent $240bn on other countries' belt and road debts from 2008 to 2021 Rise in emergency financing since 2016 correlates with drop in Chinese lending for infrastructure projects China spent $240bn (£195bn) bailing out countries struggling under their belt and road initiative debts between ...
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Bets Against Signature Bank Stock Paid Off---on Paper, at Least

Wall Street Journal - 28 Mar 2023 14:01
Some put options holders have been stuck in limbo and say their brokers have made it difficult to exercise their options.
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Goldman Sachs isn't getting a new private jet, but are there better places to cut costs on Wall Street? Goldman Sachs isn't buying a third private jet since 2019. But there is still plenty of waste when it comes to Wall Street's spending habits.
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Sam Bankman-Fried can use cell phone without internet as part of new bail conditions Attorneys for the FTX founder and federal prosecutors reached an agreement on revised bail conditions.
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Higher Rates Are Coming for U.S. Companies

Wall Street Journal - 28 Mar 2023 13:24
The burden of interest rates on most companies is still exceedingly low. But over the next year, that will start to change.
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