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Business News

Location American Business News for 19 August 2023
In June, China's National Bureau of Statistics reported that employment for ages 16 - 24 hit a record high of 21.3%.
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SEC seeks appeal over Ripple, crypto prices plunge and EU debuts Bitcoin ETF: Hodler's Digest, Aug. 13-19 SEC files motion for appeal on Ripple's case, Bitcoin and Ether prices plunge and Europe welcomes first spot Bitcoin ETF.
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Yuga Labs Plans to Part Ways with OpenSea NFT Marketplace Following Royalty Model Change Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club (BAYC), is set to halt support for OpenSea due to a change in the platform's royalty model. In a Saturday tweet, Yuga Labs announced that it pl...
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Sam Bankman-Fried's lawyers blast 2 days a week trial prep time: 'Entirely inadequate' Bankman-Fried's lawyers asked that he be allowed to meet with them five days a week at the Manhattan federal courthouse in preparation for the Oct. 2 trial.
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Elon Musk's Spacex Writes Down Bitcoin Worth $373 Million Spacex reportedly wrote down the value of its bitcoin holdings by $373 million over the past two years and sold an undisclosed amount of the cryptocurrency. According to reports, Tesla, another company run by billionaire...
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Bazooka made a mint blowing bubbles. Now it's being snapped up for $700 million. Bazooka Candy Brands, maker of the popular bubblegum, has been sold for $700 million to a private equity firm.      
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Americans face more sticker shock at the pump as gas prices hit 10-month high. Here's why Gas prices are at a 10-month high, potentially throwing a wrench into Labor Day travel plans and inflation. Why are they rising and is relief coming?      
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The decline of Boston Market: Why the chain that sparked the rotisserie chicken craze has closed dozens of stores The history and decline of Boston Market: Why the once loved rotisserie chicken eatery is now facing lawsuits, closures, and financial troubles.
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A team of engineers turned a Toyota Land Cruiser into an EV and drove it underwater for 4 miles The team spent months getting the vehicle ready to be driven across the bottom of a harbor in Australia and claim to have set a new world record.
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Workers are learning to love the cubicle

Fast Company - 19 Aug 2023 07:00
Workers are learning to love the cubicle Once drab and reviled, cubicles are getting a makeover for the new realities of work. It took more than 50 years, but the cubicle may finally be having its moment. Read Full Story
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Today's Wordle #791 Hints, Clues And Answer For Saturday, August 19th How to solve today's Wordle. Hints, clues and the daily Wordle answer. Also, play competitive Wordle and learn more about each day's word.
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Pro: Evergrande Group chapter 15 'indirectly influenced Bitcoin sentiment' In a surprising turn of events, the recent developments surrounding the Evergrande Group's Chapter 15 filing have reverberated beyond traditional finance, indirectly influencing the sentiment around Bitcoin (BTC) and the...
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New Catskill Historical Trail Rekindles Glory Days Of The Borscht Belt A new historical trail celebrates the rich history of Borscht Belt and its contributions to Jewish and American culture.
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"Lower income cohorts are increasingly coming under pressure with fewer offsets and with little sign of relief from the high cost of capital."
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China has long had an outsized impact on global growth - but with its economy sputtering, its problems could become everyone else's problems.
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Warren Buffett, Michael Burry, and other top investors revealed striking portfolio changes this week. Here are 4 key trades. Buffett's company invested in a trio of homebuilders, while Burry of "The Big Short" fame revealed put options with a notional value of $1.6 billion.
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Where Investors Are Finding Returns in a World of Yield

Wall Street Journal - 19 Aug 2023 11:30
For the first time in years, investors are earning robust returns on cash.
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Macau Reclaims Crown From Vegas as World's Top Gambling Hub

Wall Street Journal - 19 Aug 2023 06:06
Macau Reclaims Crown From Vegas as World's Top Gambling Hub Fortunes of MGM, Sands and Wynn are rising after they bled cash during years of pandemic border restrictions in the Chinese city.
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Virginia man wins largest online instant lottery game in US history A Virginia man, winding down by playing an online lottery game, nabbed the largest instant win in an online game in U.S. history.      
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American Airlines sues Skiplagged travel site after company bars teen for using for cheap ticket In the lawsuit, American accused Skiplagged of tricking consumers into believing they can tap "some kind of secret 'loophole.'"
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Zoo Pals plates are back after nearly a decade and they already sold out on Amazon After being discontinued in 2014, Hefty announced the relaunch of Zoo Pals paper plates Thursday, featuring 10 the classic colorful animal designs.      
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No Parking Signs: Great Picks for Your Business

Small Business Trends - 19 Aug 2023 23:30
No Parking Signs: Great Picks for Your Business No parking signs do much more than prohibit parking. If you're Looking for no parking signs for your business? Here are our top picks.
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