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Business News

Location American Business News for 29 July 2023
'A Dangerous Combination': Teenagers' Accidents Expose E-Bike Risks The e-bike industry is booming, but many vehicles are not legal for teenagers, and accidents are on the rise.
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Seriously Off-Duty: The Summer Man-Style Odyssey Of Manchester City Striker Erling Haaland When they come off the pitch, Europe's footie stars kind of go nuts, fashion-wise. Manchester City's champion striker Erling Haaland is no exception.
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New Shows And Movies To Stream This Weekend On Netflix, Hulu, HBO Max, Disney+ And More All the best shows and movies to stream this weekend on every streaming service.
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After U.S. Bailout, the Trucking Firm Yellow Is Shutting Down

The New York Times - 29 Jul 2023 02:45
After U.S. Bailout, the Trucking Firm Yellow Is Shutting Down Yellow, which received a pandemic loan, is winding down operations ahead of an expected bankruptcy filing. The closure of the company would mean the loss of about 30,000 jobs.
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The Dow's latest winning streak is bad news for stocks - and a recession might be underway, top economist David Rosenberg says The Dow just had its hottest streak since 1987, when it crashed 22% on Black Monday and ended the year almost flat.
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How the U.S. Economy Is Sticking the Soft Landing

Wall Street Journal - 29 Jul 2023 06:01
How the U.S. Economy Is Sticking the Soft Landing Companies that are pulling back are also choosing to hold onto workers, avoiding the large-scale job cuts that led to recessions in earlier economic slowdowns.
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Troubles at Barclays Prompt a Shake-Up--and Banker Exits Fifteen years after its fire-sale purchase of Lehman Brothers jump-started its investment banking business, the British lender is still trying to find its footing
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DeSantis board secures small win in feud against Disney after judge denies Florida park's request to throw out suit Disney Parks tried to argue that the case was "moot" but a state judge said Friday there was too much "legal uncertainty" to declare it as such.
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Trader Joe's recalls falafel that may contain rocks -- fourth item yanked from shelves in a week Trader Joe’s recalled its pre-made falafel balls over concerns they may contain rocks — the fourth item the store has pulled from shelves in a week. Customers from 34 states and Washington, DC should ditch their boxe...
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U.S. Ban On Incandescent Light Bulbs Starts Next Week: Here's What To Know Former President Donald Trump previously advocated against using energy-efficient bulbs, suggesting they made him "look orange."
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Russia's bitcoin mining industry is booming through war and sanctions There's more bitcoin mining equipment flowing into Russia than anywhere else in the world as sanctions reshape the country's economy.
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A strange change in behavior, without a clear explanation.
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DOJ Files Submission to Jail Sam Bankman-Fried Before Trial Over Witness Tampering The Department of Justice (DOJ) has requested a US Judge to revoke FTX founder Sam Bankman-Fried's bond and jail him before his scheduled trial in October. In a written submission to a federal judge Friday, the DOJ alleg...
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The music industry is now driven by data, but this CEO still makes decisions based on 'gut feel and instinct' Matt Gudinski started working for the Mushroom Group when he was 17, and took over running the company when his father died two years ago.
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These are the watch brands most popular with Silicon Valley's tech elite Style experts divulge the brands trending with Silicon Valley CEOs and investors, from Bill Gates' simple $60 Casio to a $170,000 Richard Mille.
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US State of Minnesota Okays Crypto Donations to Political Campaign Committees Minnesota has become one of the few U.S. states to permit crypto donations to political campaign committees. However, according to the state’s new rules, crypto donations must be converted to U.S. dollars within five d...
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Troubles at Barclays Prompt a Shake-Up---and Banker Exits

Wall Street Journal - 29 Jul 2023 05:00
Fifteen years after its fire-sale purchase of Lehman Brothers' core assets jump-started its investment-banking business, the British lender is still trying to find its footing.
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Russian Bailiffs 'Will Be Allowed to Seize Digital Rubles from Citizens & Firms' Russian bailiffs will be allowed to seize digital rubles from citizens, a government chief has confirmed - as the nation readies a "real-world" CBDC pilot. Per Pravda, the comments were made by the Russian Federal Bailif...
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Gen-AI Movie Trailer For Sci Fi Epic It took Nicolas Neubert seven hours to make it his living room.
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China Faces Opposition to Rapid BRICS Expansion From India and Brazil, Report BRICS member states India and Brazil stand in the way of China's bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing's plan to soon increase ...
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US crypto bills on the move, Worldcoin launches and Russia's CBDC: Hodler's Digest, July 23-29 Crypto legislation goes to the House floor in the U.S., Worldcoin's controversial launch and Russia's digital ruble signed into law.
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George Strait Delivers Spectacular Performance At Nashville Stadium Show He played his own hit songs and honored fellow country legends by performing theirs.
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