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Business News

Location American Business News for 10 August 2023
Carver Bank says CEO is leaving, plans national search for successor After eight years leading one of the nation's most prominent Black banks, Michael Pugh will become chief executive of the Local Initiatives Support Corporation.
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'I'm better off at home': UK commuter student says moving out not an option Aimee Morley, 19, who studies in Birmingham, is happy with her choice to live away from campus One in three new starters 'may live at home' Aimee Morley has lived at home in Coventry while studying English and journalism...
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Small businesses turned an Chicago old meatpacking plant into a living experiment in sustainable food, and they are thriving The Plant belonged to one of Chicago's dirtiest industries. Now it's home to a beekeeper, a coffee roaster, indoor farms, and algae laboratories.
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Billionaire Founder Of 'Russia's Google' Condemns 'Barbaric' Ukraine Invasion Yandex founder Arkady Volozh joins a small group of Russia's wealthy who have called out the nearly 18-month-long war.
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The IRS Cannot Find Millions Of Sensitive Tax Records, Watchdog Inspection Finds The photographic records were located on thousands of microfilm cartridges housed across facilities in Austin, Texas, Kansas City, Missouri and Ogden, Utah.
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Two years after Evergrande's debt troubles, worries about China's real estate sector are coming to the forefront again.
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Kellogg's 'woke' workplace diversity programs are illegal, group claims This is the second complaint filed this week against a company by America First Legal, a nonprofit run by Stephen Miller, who was an adviser to former President Donald Trump.
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Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services The entertainment giant's is raising the cost of the ad-free versions of Disney+ and Hulu by more than 20% each.
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SEC to seek interlocutory appeal in Ripple case

Coin Telegraph - 10 Aug 2023 00:11
SEC to seek interlocutory appeal in Ripple case The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torres laid out her non-final ruling.
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Central Banks Buying Most Gold Since 2000 I can't stress this enough: if you want to know where gold prices are headed, you must pay attention to what central banks are doing now. Currently, central banks are making a ca...
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In this week's ETF Wrap, we look at covered-call ETFs, which use an options strategy known as covered-call writing to limit potential upside participation but generate income for investors in volatile markets.
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Toyota recalls: Toyota Tundra, Hybrid pickups recalled for fuel leak, fire concerns Toyota is recalling about 168,000 of its 2022 and 2023 model year Tundra and Tundra Hybrid pickups for a fuel leak issue and possible fire concerns.      
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The 15 most affordable US cities to live in 2023

Business Insider - 10 Aug 2023 20:16
The 15 most affordable US cities to live in 2023 The most affordable places to live in 2023 are concentrated in the South, where residents enjoy an income that goes further to their cost of living.
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Why The Assumption That Manufacturing Jobs Are "Made in the U.S.A." has been an aspiration since the decline of the U.S. auto industry, but domestic manufacturing needs to create good jobs.
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July Inflation Report: Inflation Remains Moderate as High Interest Rates Bite Consumer prices rose 3.2 percent in the year through July, an uptick in the headline rate that masked more encouraging details for the Federal Reserve in its campaign to tame inflation.
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Alibaba Boosts Q2 Revenue 14%

Retail Touch Points - 10 Aug 2023 16:36
Alibaba Boosts Q2 Revenue 14% For the first three-month period following its March 2023 corporate restructuring into six distinct businesses, Alibaba Group increased Q2 revenue 14% year-over-year to $32.3 billion. The ecommerce giant also saw growth ...
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Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day However, nearly $166 million had already flowed to the blockchain ahead of the official launch.
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Coach owner Tapestry to acquire parent company of Michael Kors, Versace in $8.5 billion deal Tapestry's blockbuster acquisition of Capri Holdings unites six brands under one banner, positioning Tapestry to better compete with European rivals.      
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Forget Iger or Sarandos: Sony Pictures' CEO may be the best hope to end the Hollywood strike Tony Vinciquerra is uniquely positioned to bring both sides together. Here’s what to know about him Hollywood is at war with itself—and, right now, there’s no end in sight. Read Full Story
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Locarno Film Fest: Singaporean Director Nelson Yeo Premieres Debut Film 'Dreaming And Dying' Premiering at the Locarno Film Festival, Singaporean filmmaker Nelson Yeo's debut film 'Dreaming and Dying' stars veteran actors Peter Yu, Doreen Toh and Kelvin Ho.
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How Publishers Are Preparing For Google's AI-Enhanced Search Google's early reveal of its AI-enhanced Search Generative Experience (SGE) in May has sent publishers scrambling to prepare for a major disruption to their organic search traffic--which typically constitutes their large...
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Air travel is magical, but it has lost all of its magic The small annoyances of flying add up to a really big user-experience problem. The high-risk adventure of air travel has been subdued, yet today’s long flights can paradoxically feel torturous. [Christopher Schaberg, C...
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