Business News
Carver Bank says CEO is leaving, plans national search for successor
American Banker - 10 Aug 2023 19:44
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.
'I'm better off at home': UK commuter student says moving out not an option
The Guardian - 10 Aug 2023 01:01
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...
Small businesses turned an Chicago old meatpacking plant into a living experiment in sustainable food, and they are thriving
Business Insider - 10 Aug 2023 21:21Billionaire Founder Of 'Russia's Google' Condemns 'Barbaric' Ukraine Invasion
Forbes - 10 Aug 2023 14:08
Yandex founder Arkady Volozh joins a small group of Russia's wealthy who have called out the nearly 18-month-long war.
The IRS Cannot Find Millions Of Sensitive Tax Records, Watchdog Inspection Finds
Forbes - 10 Aug 2023 20:09
The photographic records were located on thousands of microfilm cartridges housed across facilities in Austin, Texas, Kansas City, Missouri and Ogden, Utah.
China's real estate market roiled by default fears again, as Country Garden spooks investors
CNBC - 10 Aug 2023 02:50
Two years after Evergrande's debt troubles, worries about China's real estate sector are coming to the forefront again.
Kellogg's 'woke' workplace diversity programs are illegal, group claims
New York Post - 10 Aug 2023 01:59
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.
Disney to Significantly Raise Prices of Disney+, Hulu Streaming Services
Wall Street Journal - 10 Aug 2023 01:42SEC to seek interlocutory appeal in Ripple case
Coin Telegraph - 10 Aug 2023 00:11
The SEC's interlocutory appeal comes nearly a month after Judge Analisa Torres laid out her non-final ruling.
Central Banks Load Up on Gold: $3,000/Ounce Gold Prices Possible?
Lombardi Letter - 10 Aug 2023 22:57
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...
ETF Wrap: This type of ETF is designed to hedge against volatility and help investors navigate a stormy stock market
Market Watch - 10 Aug 2023 22:16
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.
Toyota recalls: Toyota Tundra, Hybrid pickups recalled for fuel leak, fire concerns
USA Today - 10 Aug 2023 20:54
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.
The 15 most affordable US cities to live in 2023
Business Insider - 10 Aug 2023 20:16Why The Assumption That Manufacturing Jobs Are "Good" Is Dead Wrong
Forbes - 10 Aug 2023 17:46
"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.
July Inflation Report: Inflation Remains Moderate as High Interest Rates Bite
The New York Times - 10 Aug 2023 17:03
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.
Alibaba Boosts Q2 Revenue 14%
Retail Touch Points - 10 Aug 2023 16:36
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 ...
Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day
Coin Desk - 10 Aug 2023 16:17
However, nearly $166 million had already flowed to the blockchain ahead of the official launch.
Coach owner Tapestry to acquire parent company of Michael Kors, Versace in $8.5 billion deal
USA Today - 10 Aug 2023 16:01
Tapestry's blockbuster acquisition of Capri Holdings unites six brands under one banner, positioning Tapestry to better compete with European rivals.
Forget Iger or Sarandos: Sony Pictures' CEO may be the best hope to end the Hollywood strike
Fast Company - 10 Aug 2023 15:00
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
Locarno Film Fest: Singaporean Director Nelson Yeo Premieres Debut Film 'Dreaming And Dying'
Forbes - 10 Aug 2023 11:25
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.
How Publishers Are Preparing For Google's AI-Enhanced Search
AdWeek - 10 Aug 2023 09:31
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...
Air travel is magical, but it has lost all of its magic
Fast Company - 10 Aug 2023 06:30
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...