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Business News

Location American Business News for 12 October 2023
Gen Z workers expect to retire at age 61, and they aren't afraid to ask AI how to do it According to a new survey from Charles Schwab, younger workers are setting their sights on younger retirement ages. Most workers want to maximize their savings and 401(k) plans in hopes of retiring as early as possible a...
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Walmart GoLocal Taps Shipt Exec as VP

Retail Touch Points - 12 Oct 2023 16:55
Walmart GoLocal Taps Shipt Exec as VP Walmart has onboarded Rina Hurst as the new VP of its Walmart GoLocal delivery service platform. Hurst joins the retail giant from Shipt, where she served as Chief Business Officer (CBO), helping the company drive signif...
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"Not only did I not sign or have knowledge of this petition, I am not even part of these organizations anymore," the student wrote, per a professor's screenshot of the email.
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Russia Could Use Digital Ruble to Evade SWIFT, Wants Foreign Banks to Use its CBDC Russia's Central Bank thinks its digital ruble could let citizens pay abroad without making use of the SWIFT banking platform - and wants to let foreign banks use its CBDC. Per the Russian IT-focused media outlet CNews, ...
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The World Bank says cuts to foreign aid are being felt at a time of higher poverty levels.
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Federal Judge Orders Mediation for BlockFi and Three Arrows Capital Dispute Over $284 Million Payments A US bankruptcy judge, in order to resolve the legal battle over a significant $284 million claim by bankrupt crypto hedge fund Three Arrows Capital (3AC) against crypto lender BlockFi, has ordered them to enter mediatio...
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The SAFER Banking Act Can End Discriminatory Banking Practices Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone.
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Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs.
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Why Microsoft's $29 billion tax bill could be the knockout punch in a decade-long fight with the IRS It’s the culmination of years of litigation between the two entities—which might not be over yet. Way back in 2012, the Internal Revenue Service (IRS) launched the largest-ever audit in history, accusing Microsoft of...
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Eight Brands Fight Back Against 'Luxury Tax' on Menstrual Products Eight feminine care brands in the menstrual hygiene space have converged to create The Tampon Tax Back Coalition, aiming to abolish the taxation on menstruation products that still exists in 21 U.S. states. As part of th...
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Walmart Launches New Certification Program to Teach Advertisers About Retail Media Offerings Walmart Connect, the retailer's retail media arm, has launched a new certification program to help advertisers of all types and levels understand and adopt the company's evolving suite of advertising solutions. The Walma...
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AOC says 'anti-Semitic' Christian fundamentalism in the US is partially to blame for the Israeli-Palestinian conflict "The Israel of today is not the Israel of the Bible," said Ocasio-Cortez, referencing the root of Christian Zionist support for the Jewish state.
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September Inflation Report: Inflation Holds Steady

The New York Times - 12 Oct 2023 16:19
September Inflation Report: Inflation Holds Steady Consumer prices rose 3.7 percent in the year through September. There were some optimistic details in the report, but the path to fully wrangling inflation remains long and bumpy.
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Philip Morris lobbying to stop WHO 'attack' on vapes and similar products Exclusive: Leaked email shows firm behind Marlboro cigarettes critical of global 'prohibitionist' agenda Philip Morris International (PMI), the tobacco and vaping company behind Marlboro cigarettes, is waging a big lobby...
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Auto union escalates strike by taking out Ford's largest factory where it makes highly profitable trucks 8,700 unionized auto workers walked off the job in Louisville, Kentucky Wednesday night, in a surprise escalation of the strike, which is now in week four.
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Initial jobless claims were flat at 209,000 in the latest week, the Labor Department said Thursday.
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How to Build an Email List

Small Business Trends - 12 Oct 2023 12:00
How to Build an Email List Learn strategies for how to build an email list so you can improve your interactions and improve the revenue of your digital marketing efforts.
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ICICI Bank launches 'iFinance': Features, benefits, other details explained ICICI Bank launches 'iFinance' to provide customers a consolidated view of their savings and current accounts
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Japanese Firms to Use Digital Currency for Clean Energy Certificate Settlements A consortium of Japanese firms is set to launch a yen-based digital currency, "DCJPY," by July 2024, that will be used in transaction and settlement of clean energy certificates. Cryptocurrency exchange DeCurret revealed...
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The union, in a statement, said that 8,700 union members had walked off the job at 6:30 p.m. Eastern at the plant, which Ford described as its biggest.
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How the carpenters' union broke the California logjam over new housing laws For years, the California Legislature was divided over what labor standards for workers to include in new housing legislation. That changed with support from the California Conference of Carpenters.
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Auto Workers Strike Hits Ford's Kentucky Truck Plant

The Huffington Post - 12 Oct 2023 01:32
Auto Workers Strike Hits Ford's Kentucky Truck Plant The union said it launched the surprise strike after failing to make progress in negotiations with the iconic automaker.
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