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Business News

Location American Business News for 28 August 2023

Jamila Robinson Is Named Next Editor of Bon Appétit Magazine

The New York Times - 28 Aug 2023 22:28
Jamila Robinson Is Named Next Editor of Bon Appétit Magazine A veteran journalist, she joins from The Philadelphia Inquirer.
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The last days of the San Francisco Nordstrom, known for its shoes and its service, were downbeat. The closure prompted new worry about the city's downtown.
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The heavily-indebted firm's shares had been suspended from trading in Hong Kong since March last year.
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Workers at Starbucks Reserve Roastery on Michigan Avenue vote down union In a news release, Starbucks Workers United alleged the company engaged in illegal union-busting at the Chicago roastery, which Starbucks denies.
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A Look Inside The 'Fidelity Mafia' Of Crypto: Who Are They And What Do They Do Now? Fidelity Investments might seem an unlikely player in the cryptocurrency universe as it has been operating for nearly eight decades. Fidelity's reputation in the traditional financial management industry is unrivaled whi...
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Neiman Marcus in talks to merge with luxury archrival Saks Fifth Avenue: sources "Neiman's just had its worst fiscal year since its bankruptcy."
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US stocks trade higher as China tries to bolster markets and traders await economic data US stocks rose as Beijing tried to prop up China's markets. Traders are eyeing new US inflation data and a jobs report this week.
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Laos Cuts Power Supply To Crypto Mining Firms, Cites Production Concerns Electricite du Laos (EDL), the state-run power distribution company, has announced a major cut to crypto mining firms in the country, swerving from its pro-crypto stance since 2021. According to local news reports, the c...
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China's attempt to rescue its stock market is failing as mainland equity rally falls flat The CSI 300 stock index initially rallied 5.5% on Monday, but later pared gains to just 1.2%.
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BYD Electronic plans to buy NYSE-listed Jabil Inc.'s mobile-electronics manufacturing business for nearly $2.2 billion to expand its smartphone components footprint.
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Best Credit Unions to Work For, ranked 1-35

American Banker - 28 Aug 2023 03:00
Best Credit Unions to Work For, ranked 1-35 American Banker's first grouping of the top institutions for 2023 features leaders that are enhancing their offices and surrounding communities through unique volunteer programs, comprehensive benefit packages and more.
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Bitmain's Upcoming Monero ASIC Miner Sparks Anxious Buzz Within XMR Community In an announcement on Sunday, cryptocurrency mining rig manufacturer Bitmain revealed its intention to sell a machine designed for mining the digital currency monero (XMR). The machine boasts a hashrate of 212 kilohash p...
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Amazon CEO Andy Jassy warns remote workers: 'It's probably not going to work out for you' Amazon CEO Andy Jassy told employees who defy his edict to return to the office three days a week that "it's probably not going to work out for you."
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The Kissing Scandal After Spain's Women's World Cup Win

The New Yorker - 28 Aug 2023 22:32
The support for a player who endured an unwanted kiss during the trophy presentation shows how attitudes toward women's soccer are changing, but not fast enough.
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Jung Kook Still Claims The Biggest Hit In The World After More Than A Month Nothing has been able to dethrone Jung Kook's "Seven" in six weeks, and it might hold at No. 1 for a while longer.
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Modelo Especial widens sales gap over Bud Light in wake of Dylan Mulvaney fiasco Retailers are devoting more shelf space to Modelo Especial at the expense of Bud Light.
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Researchers Found CTE In 40% Of Athletes Who Died Before 30 Almost all of the brains examined by researchers at Boston University's CTE Center showed the earliest stages of CTE, a study out Monday found.
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"Bottoms" Is a Major Film but Not a Good One

The New Yorker - 28 Aug 2023 22:06
A flimsy high-school comedy provides just enough of a vehicle for a generation-defining cast.
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If Taylor Swift Wants Another 'Midnights' Single, One Track Seems To Make The Most Sense Whether Swift intends to release more singles from her latest album of original material, Midnights, remains unknown, but if so...she might focus on this hit.
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American Airlines slapped with $4.1 million fine for history of excessive tarmac delays Most of the three-hour-plus delays happening at DFW International Airport
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Circular business models can attract $7 billion to India by 2035: Report A total of six circular business models, including circular design, repair, and resell, can reshape the electronics sector, driving economic growth and boosting resilience, the ICEA report said
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Theaters eye ways to make movies accessible to more audiences with screenings that are sensory, dementia friendly Area movie theater chains are offering special screenings to make the cinema available to more audiences, such as regular sensory-friendly and captioned movies. Emagine Theaters also are experimenting with screenings cat...
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