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Business News

Location American Business News for 5 October 2023
DeSantis Energy Plan Prioritizes US Economy Over Climate Advocacy An all-of-the-above energy plan makes sense for a country as rich in natural resources as the United States, but there's always the risk of national campaigns to throw...
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'We need new tools': Chan Zuckerberg biotech research hub opens in Fulton Market, studying inflammation on a cellular level Studying causes of inflammation could have implications for cancer, heart disease and autoimmune diseases.
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Michael Lewis Was Charmed by Sam Bankman-Fried - But So Was Everyone Else Michael Lewis is getting slammed for a relatively sympathetic portrayal of SBF. The larger question is: Why did so many people fall under Sam's spell?
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New Details About FTX Emerge as Bankman-Fried's Trial Begins

The New York Times - 5 Oct 2023 15:55
New Details About FTX Emerge as Bankman-Fried's Trial Begins A report about when employees discovered a secret link between the crypto exchange and a sister trading firm raises questions as witnesses started testifying.
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How the Rise of the Global Middle Class Might Save the Planet Some 4 billion people are now part of the world's middle class, and they are becoming crucial advocates for tackling climate change.
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Librarian and Retired Corrections Officer Included in Jury for Sam Bankman-Fried Case The jury selection process for the trial of Sam Bankman-Fried concluded on Wednesday morning, with a diverse group of individuals from various professional backgrounds chosen to serve. Among the selected jurors are a for...
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How Pump Promises To Slash Your Runaway Cloud Computing Costs Californian start-up Pump offers a group buying solution aimed at cloud-based small and medium-sized enterprises
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Argentina's central bank has expressly backed Sergio Massa's bid to roll out a Central Bank Digital Currency (CBDC) if elected President. Juan Agustín D'Attellis Noguera, a director of Banco Central de la República Arg...
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The U.S. trade deficit shrank by 10% in August to a nearly three-year low of $58.3 billion billion, reflecting less demand for imported goods.
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Starbucks Celebrates 20 Years of Pumpkin Spice Latte with NFT Collectibles Autumn is on its way, and for many coffee drinkers, 'tis the Pumpkin Spice Latte season. Starbucks' popular beverage is turning 20, and to celebrate the occasion, the American coffee shop chain announced special non-fung...
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Life Certificate for pensioners: How super senior citizens can submit Jeevan Praman Patra via face authentication Pensioners must submit a life certificate annually to continue receiving pension
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Trump is seriously considering pursuing a stint as House speaker Rep. Kevin McCarthy was ousted from the role on Oct. 3. There are no rules that dictate the speaker must be a member of congress.
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The denim retailer said momentum at its own stores and website did not offset weaker wholesale trends in the U.S.
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A Better Way to Distribute Crypto Ecosystem Grants Token project treasuries, foundations and grant programs are a necessary lifeline during the bear market. But this funding could be more fairly disbursed, Lunar Strategy's Tim Haldorsson writes.
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5 Best Penny Stock Alternatives To Buy In October 2023 Penny stocks can be tempting because of their low price, but investors should beware. Here's why you should avoid them, plus five alternative investments with better risk/reward profiles.
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The Green Bay Packers Hope Inept Raiders Are The Cure For Their Shoddy Run Defense Green Bay ranks a miserable 30th in rushing defense. Las Vegas, meanwhile, ranks last in the NFL in rushing offense. Something has to give Monday night.
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Burnt Announces Mainnet Launch With USDC Native Currency Support Burnt, a layer-2 scaling solution backed by Animoca and Multicoin, has announced the launch of Xion, a layer-1 blockchain protocol. According to an October 5 tweet on X (formerly Twitter), Burnt noted that Xion is the fi...
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Can The FTC Successfully Sue A Brand That's Better Loved Than Taylor Swift? Amazon is the #1 most loved retailer in America, stronger than 99.95% of all brands, according to new research. Will its popularity sway the FTC antitrust lawsuit?
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Tighter Monetary Policy Would Make U.S. Recession 'Almost Inevitable,' State Street Strategist Warns Michael Arone suggests energy, consumer and Big Tech as safe havens for equity investors.
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Elon Musk's Twitter takeover probed by SEC after billionaire refuses to cooperate Musk raised "several spurious objections" and told the SEC he would not provide testimony.
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These are the battle lines for the House GOP's chaotic future The so-called "motion to vacate," Ukraine aid, and former President Donald Trump all loom large in the House speaker race.
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George Santos' Former Campaign Treasurer Pleads Guilty To Federal Fraud Charge Rep. George Santos (R-N.Y.) pleaded not guilty in May to federal fraud charges.
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