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Business News

Location American Business News for 27 June 2023
The former President appears to demonstrate reading comprehension at a rudimentary level, decoding letters as they combine to form words and sentences.
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See inside the hidden airplane bunk rooms onboard Boeing's revolutionary 787 Dreamliner aircraft where pilots and flight attendants sleep Most passengers will never get to see the rest areas in person and may not even notice when they're in use, even though they're right above the cabin.
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Pickleball's price: Sport may cost US up to $500M in injuries this year Pickleball could spark between $250 million and $500 million in healthcare capacity utilization and costs in 2023, according to calculations by UBS analysts.
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HDFC twins merger: What does HDFC-HDFC Bank merger mean for depositors and borrowers? HDFC and HDFC Bank's $40bn merger will create India's second-largest financial institution by assets
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Mayor Adams gives doughy defense to war on coal, wood-fired NYC pizzerias Mayor Eric Adams gave a doughy defense of his administration's controversial new edict targeting New York City's iconic pizzerias that use pollutant-spewing coal-and-wood-fired baking methods -- and even left the oven do...
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Deadline Looms for Power Forward Small Business Grant Applications

Small Business Trends - 27 Jun 2023 01:00
Only days remain to the application deadline for the Power Forward Small Business Grant eligible to Black-owned small businesses across New England.
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JD Sports On Track For Record Year Despite Softening Of U.S. Sales Despite softening sales in North America and Canada, U.K. based sports retailer JD Sports has maintained annual guidance that full-year profits will pass $1.27 billion.
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AI Regulation Is Coming To The U.S., Albeit Slowly Bipartisan legislation to form a National AI Commission indicates Congress' pressing need to educate itself on AI, and signals that federal AI regulation is coming.
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Fireblocks Adds Support for Amazon Web Services, Google Cloud Platform and Alibaba Cloud Cryptocurrency custody technology provider Fireblocks has started offering support for cloud service providers Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales and Securosus, the company announced ...
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Azuki 'Elementals' NFT Mint Sells Out in 15 Minutes, Raking in $38M Existing Azuki and BEANZ holders got first dibs on minting the collection, which sold out before making it to public sale.
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Apple, chip giant TSMC, and Japanese automaker Mazda are three companies shifting their supply chains to hedge against overreliance on China.
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JPMorgan Outlines 4 Global Outlook Scenarios -- Warns of 'Boil the Frog' Recession as Global Downturn Looms Global investment bank JPMorgan has presented four probable global outlook scenarios, with “boil the frog” recession emerging as the most likely outcome. The bank's economists warned: "Broad-based developed-market ti...
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The Duchess of York underwent a single mastectomy and is now recovering at her home in Windsor.
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Bed Bath & Beyond's stock ended Monday's session up 39.1%.
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Last year tech companies laid off a total of 154,336 employees, according to Layoffs.fyi.
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Why Sriracha Prices Are Surging, And Why Climate Change Might Have Something To Do With It A shortage of a Mexican chili pepper continues to hinder production of a major brand of sriracha hot sauce, driving prices through the roof just one year after the manufacturer abruptly halted production.
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Outgoing Centers for Disease Control and Prevention Director Dr. Rochelle Walensky warned about what needs to be done to prepare.
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Sarah Bentley steps down weeks after giving up her bonus over the company's poor performance.
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As Lordstown Motors Dies, Lordstown's EV Business Survives

Wall Street Journal - 27 Jun 2023 17:55
Lordstown, Ohio, will remain a hub for the EV industry, thanks in part to Taiwanese manufacturing giant Foxconn.
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FTX managed to get $400 million in funding after Sam Bankman-Fried and an attorney invented a 'sham' agreement to explain close ties with Alameda, new CEO says Sam Bankman-Fried and an FTX attorney invented a fake agreement to explain why the trading firm Alameda had access to customers' cash, the CEO said.
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Mirroring Calm Skipper Pat Cummins, Australia Are Thwarting England In Clash Of Test Cricket Styles Inspirational Australian captain Pat Cummins might end up being the kryptonite to England's bold bid to upend Test cricket.
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The SEC was right to call Binance's geofencing bluff

American Banker - 27 Jun 2023 16:00
The SEC was right to call Binance's geofencing bluff The allegation that Binance encouraged the use of location-obscuring technology so that it could illegally serve U.S. clients is a symptom of a broader problem for financial services companies.
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