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Business News

Location American Business News for 10 May 2023
What Was Reid Hoffman's Role In Funding E. Jean Carroll's Case? The LinkedIn co-founder is a major Democratic donor.
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Asos widens losses as shoppers cut back

BBC - 10 May 2023 10:09
The online retailer, which owns Topshop, says trading has been "very challenging" in recent months.
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Tips Music, Sony Music Publishing sign global deal

livemint.com - 10 May 2023 07:56
Tips Music, Sony Music Publishing sign global deal The deal between Tips Music and SMP is anticipated to boost the publishing and royalty earnings of the Bollywood music label.
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Are DOJ's No-Poach Prosecutions Getting Poached? The Department of Justice's Antitrust Division appears to have bitten off more than it can chew with its 2016 decision to criminally pursue cases of employers agreeing among themselves not to solicit or hire each others'...
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Chicago gay bars dropping Bud Light, Goose Island amid backlash for transgender ad campaign Chicago gay bars, including 2Bears Tavern and Sidetrack, will stop carrying Bud Light and Goose Island following backlash to a Dylan Mulvaney campaign.
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A writer who moved from Pennsylvania to Belize for a cheap and laid-back life said it's saved her money but the newfound peace of mind is priceless Cristina Johnson, 52, was able to build a wooden cabin in the country's Toledo District for $18,000 and put worries of everyday expenses behind her.
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Apple Arcade's Upbeat Ad Animates a Bored Mom's Parked Car Apple's video game subscription service, Apple Arcade, is promoting its ability to bring fun to even the most mundane situations. Its latest ad coincides with the platform's May 4 launch of 20 new titles. Set to Kullah's...
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Investment giant Apollo in talks about £300m swoop on United Living One of the world's biggest private equity investors is in talks to buy United Living Group, a social housebuilder and provider of property and infrastructure services.
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Wagner boss Prigozhin took a rare and not-so-subtle swing at Putin, profanely hinting he could be a problem for Russia's war The oligarch-turned-warlord suggested Russia's leader was an out-of-touch "grandfather" who might turn out to be a "complete asshole."
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The internet media company Travelzoo is launching Travelzoo Meta, a way for travelers to experience travel in the metaverse.
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Trump White House Aides Say They Told Higher-Ups About 'Inappropriate Behavior' Towards Women Former White House Communications Director Alyssa Farah and Press Secretary Stephanie Grisham told CNN they reported inappropriate behavior by Trump toward female staffers.
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5 tips for charging your electric car at home, according to a top EV executive at GM Insider spoke with General Motors' Director of EV Ecosystem Derek Sequeira to get tips for improving the at-home charging experience.
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Blackstone's Stephen Schwarzman Reportedly Skeptical Of DeSantis--Joining These Other Billionaire GOP Donors Schwarzman, the 54th richest person in the world, was reportedly unimpressed after meeting DeSantis.
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'This is the worst possible time to be having a stalemate.'
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Capital One Missed The Consensus In Q1, What's Next? Further, at its current price of $89 per share, the stock is trading 19% below its fair value of $110 - Trefis' estimate for Capital One's valuation.
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Automation Giant Faces U.S. Probe Over China Operations

Wall Street Journal - 10 May 2023 14:00
Automation Giant Faces U.S. Probe Over China Operations The investigation of Rockwell focuses on whether its software might allow access to critical U.S. government and industrial infrastructure.
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Why customizing this popular Starbucks drink will cost you $1 extra Starbucks will charge you an extra $1 if you order one of its popular fruity Refreshers drinks with no water. Ice or light ice is no extra charge.      
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When It Comes To Sustainable Cotton, Fashion's Focused On 1% at the Expense Of The Other 99. Why? Cotton's environmental impacts are well-publicized (if not well-understood), including the widespread use of synthetic fertilizers, pesticides, and flood irrigation. What are the sustainable alternatives? Organic cotton ...
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Mytheresa Logs Another Strong Period Of Quarterly Earnings In Q3 Of FY2023 Mytheresa is sticking to its knitting with a laser focus on top-spending luxury consumers.
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The Black Sea export deal, brokered to supply global markets with food as the Russia-Ukraine war led to shortages and price increases, is due to expire May 18.
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Hedgeye's Keith McCullough says the market is in denial: 'Investors just want their bubble back.'
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ChatGPT and Generative AI: Our Guide to 2023's Most Talked-About Technology ChatGPT brought generative AI into the limelight when it hit 1 million users in five days. But how valid is the buzz around ChatGPT?
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