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Business News

Location American Business News for 12 August 2023

ZEE5 to stream Nawazuddin Siddiqui-starrer 'Haddi'

livemint.com - 12 Aug 2023 06:02
ZEE5 to stream Nawazuddin Siddiqui-starrer 'Haddi' The past few months have seen theatrical titles such as RRR and The Kashmir Files along with direct-to-digital movies like Mrs. Undercover and U-Turn debut on the service
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These investment ideas may give more returns in the long term The surge in India's mutual fund industry reflects an appetite for equity and financial literacy; experts suggest long-term investment ideas
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Microstrategy's Stock Soars 206% After Adopting Bitcoin Strategy Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53...
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Electric van group Arrival lines up A&M in survival battle A British-based company which boasted that it would be a global pioneer in electric vehicle manufacturing is working with advisers to prepare for possible insolvency.
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Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offeri...
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BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That's valid in particular for cross-border trade and de-dollari...
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Why WeWork may be the next hot meme stock

Business Insider - 12 Aug 2023 16:06
Why WeWork may be the next hot meme stock As fast as these meme-stocks can rise on little-to-no-good fundamental news, they can also crash. Buyer beware.
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A top lawyer who oversaw the Fox News and Dominion settlement is stepping down with a $23 million exit package Viet Dinh was a pivotal figure in the largest publicly released defamation settlement in history, and a key confidant of the Murdoch family.
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U.S. Senator Lummis, Crypto Lobbyists Urge Court to Dismiss SEC's Coinbase Lawsuit U.S. Senator Cynthia Lummis (R-Wy.), a number of crypto lobbying organizations and a group of professors called on a federal court to dismiss a Securities and Exchange Commission (SEC) lawsuit against crypto exchange Coi...
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S Korean Prosecutors Want to Jail $651m 'Crypto Scammers' for 12-15 Years South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years. Per the media outlet Asia Kyungjae, the alleged scam saw 8,000 people left out of po...
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Hawaii Wildfires: At Least 67 Dead And Some Of Island's Oldest Landmarks Destroyed The city's historic district was designated a National Historic Landmark in 1962.
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Embattled Goldman Sachs CEO David Solomon reportedly confronted by Lloyd Blankfein after losing $50M on bank's stock slide He told Solomon that he was running out of patience and offered to return to the firm in an advisory role, according to the New York Times.
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More than half of all Medicare beneficiaries are enrolled through private insurers.
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Overall household debts climbed to $17.06 trillion, according to New York Fed data released this week.
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Biggest Movers: SHIB Climbs to 4-Month High, as Meme Coins Rally on Saturday Shiba inu surged to a multi-month high on Saturday, as the meme coin extended its recent run of bullish momentum. The rally began as a result of the hopes surrounding its upcoming layer 2 launch. Dogecoin also extended r...
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Why Corporate-Bond Funds Are Top Buys Now

Forbes - 12 Aug 2023 15:28
Why Corporate-Bond Funds Are Top Buys Now We're facing a "2016-like" moment in bonds these days, meaning anyone who buys now has a shot at locking in 10%+ dividends for decades.
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Saturday, as Markets Consolidate Following Recent Decline Bitcoin was back in the green to start the weekend, after bulls rejected a breakout below $29,000 during Friday’s session. The cryptocurrency continues to hover around a key support level, without either bulls or bears...
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China was supposed to see a strong rebound from the pandemic. Instead it's facing deflation, massive debt, and a wobbling housing market.
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Target's Brilliant Move With America's Best-Loved Café: Starbucks Target and Starbucks decision to add café items to Drive Up orders, will garner appeal from the younger generations who frequently use mobile devices for order ahead.
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Russia to Test Digital Ruble in 11 Cities, Moscow Subway Russia's capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with r...
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How U.S. and China Are Breaking Up, in Charts

Wall Street Journal - 12 Aug 2023 06:00
How U.S. and China Are Breaking Up, in Charts China's share of U.S. imports hits a 20-year low, with Mexico and Canada becoming America's top two trade partners.
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The lawsuit alleged Salesforce retaliated against the executive after raising concerns about the product claims.
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