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Business News

Location American Business News for 5 May 2023
Virgin Media O2 says rivals are "swindling" customers by charging for phones that have been paid for.
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NBC anchor Calyn Thompson sheds tears while revealing she has breast cancer: 'I didn't feel like getting up' Calyn Thompson, anchor of "Today in Iowa" on WHO-TV, revealed the diagnosis during Wednesday morning's broadcast.
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Tribune Publishing to exit Freedom Center printing plant to make way for Bally's Chicago Casino The sprawling printing plant is slated for demolition.
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Adidas's New CEO Shows Good Form

Wall Street Journal - 5 May 2023 18:40
Adidas Chief Executive Bjørn Gulden can't quite hit the ground running yet, but his first move--setting a low bar--is turning out to be a pretty solid strategy for the company's stock.
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Is Your Hybrid Team Losing Steam?

Harvard Business Review - 5 May 2023 14:05
To boost collaboration on your team, harness its energy.
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Kansas City Chiefs Super Bowl Hero Isiah Pacheco Continues To Grind Kansas City Chiefs running back Isiah Pacheco, who spoke on behalf of USAA's Salute to Service campaign, didn't take any vacations this offseason. But he did hear from Eagles fans back home.
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Russia's air force has taken a beating, but its jets could still turn the tables in Ukraine, experts say Russia has lost dozens of jets in Ukraine, but it has more than enough aircraft to make an impact if Ukraine's air-defense network falters.
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Oatly Offers Free Ad Space to Dairy Companies-On One Condition The conflict between the dairy industry and plant-based brands heated up this year when the Food and Drug Administration ruled that the latter could call themselves milk. Following that decision, MilkPEP (short for Milk ...
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CNN parent Warner Bros Discovery posts surprise quarterly loss Warner Bros Discovery reported a surprise quarterly loss on Friday on costs tied to its 2022 merger, taking the shine off the first profit for its streaming business.
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Harry's Weird Story About an Orange Has a Deeper Message About Masculinity Classic men's shaving ads perpetuated old-school stereotypes of masculinity: the men depicted were sculpted, smooth and flawless. More recently, category leaders like Gillette have changed their advertising (to mixed rea...
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Someone needs to tell MTG that Biden can't be both a criminal mastermind and completely senile Greene has called the 80-year-old Biden "mentally incompetent," but she also thinks he's capable of running an international criminal empire.
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The Bucks Should Hire Becky Hammon As Their New Head Coach The Milwaukee Bucks are looking for a new head coach, after dismissing Mike Budenholzer, and Becky Hammon should be at the top of their list.
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Historic Hinchliffe Stadium, Still Not Ready, Postpones Opening Events Rain and cost overruns have caused a delay in the reopening of Hinchliffe Stadium, once a thriving Negro Leagues park in Paterson, NJ.
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Iran Seeks BRICS Membership to Counter Western Hegemony, Promote Multipolar World, Says President Raisi Iranian President Ebrahim Raisi has condemned the current unipolar world order, emphasizing that Iran plans to join the BRICS group to help create a multipolar world. "Iran wants to have constructive relations with all s...
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3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.
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How health care workers can get free Chipotle to celebrate National Nurses Week Chipotle said 2,000 winners will get a "Burrito Care Package" to feed 50 people. Other National Nurses Week deals include free food and drinks.      
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Bitcoin Consolidates Ahead of Key US Jobs Data, But Falling Yields Could Signal Incoming BTC Price Pump Bitcoin (BTC) continues to consolidate within familiar ranges close to $29,000 ahead of the release of key US jobs data on Friday. The data, which is expected to show that the pace of hiring and wage growth in the US rem...
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Apple's Slowdown Eases, but Sluggish Demand Hurts Results

The New York Times - 5 May 2023 00:02
Apple's Slowdown Eases, but Sluggish Demand Hurts Results Overall iPhone sales were up, and revenue for the company's services business set a record.
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Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.
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US DOJ Investigating Binance's Involvement With Possible Russian Sanctions Violations: Bloomberg The US Justice Department is investigating whether Binance Holdings Ltd. was illegally used to let Russians skirt US sanctions and move money through the cryptocurrency exchange, according to a report from Bloomberg News...
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Here's a look at the 2023 Kentucky Derby contenders and one betting strategy that could lead to big payoffs.
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Former SEC Enforcement Chief: Coinbase's Arguments 'a Surefire Loser' and Possibly Criminal According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a ...
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