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Business News

Location American Business News for 9 November 2023
Noice has raised $21 million to revolutionize social gaming with a combination of livestreaming and multiplayer gaming in one platform.
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RIP 'Jezebel': The website is shutting down, but the conversations it sparked will live on Parent company G/O Media is pulling the plug on the feminist brand after being unable to find a buyer. Just last week, its founder wrote about its enduring influence. It’s a sad day for long-time readers and editors of...
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The Vatican Says Transgender Catholics Can Be Baptized -- Following Years Of Critical Statements About Trans People By Pope Francis Pope Francis and Pope Benedict XVI both previously criticized "gender ideology."
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Shell Sues Greenpeace For $2 Million After Protest On Moving Oil Platform -- The Latest Clash Between The Two Greenpeace is facing a major new legal threat in the form of a $2.1 million lawsuit from oil giant Shell, multiple outlets reported Thursday, after the environmental advocacy group's protestors occupied a floating oil pl...
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U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions agains...
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Virgin Galactic narrowed its quarterly loss and more than doubled its revenue.
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SAG-AFTRA approves deal to end historic actors strike

Chicago Tribune - 9 Nov 2023 02:54
SAG-AFTRA approves deal to end historic actors strike SAG-AFTRA negotiators have approved a tentative agreement that will end the longest actors strike against the film and TV studios in Hollywood history.
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Cash offers for homes are most in nearly 10 years as high mortgage rates roil market Redfin reported that all-cash purchases haven't been this common since 2014 when affluent buyers and corporate investors led the housing market recovery after the housing bubble burst in 2008.
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Fed probes Morgan Stanley over money-laundering controls: report The regulator is looking into whether the bank has sufficient controls in place to prevent rich foreign customers from laundering money, according to the Journal.
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JPMorgan Chase nears historic $4 trillion of assets. Is that good? The bank has seen its balance sheet swell in recent years and this quarter could become the first U.S. bank to reach the $4 trillion mark. Analysts credit it as a well-run institution, but the megabank's growth is sure t...
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iProspect's New Execs Explain the Blueprint and Early Impacts of Its Comprehensive Restructuring For two years and counting, Dentsu has made incisive organizational changes that include replacing an entire cohort of senior leaders and molding a new corporate structure. The reorganization is ongoing, with Dentsu Crea...
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Dobbs' Week 9 Miracle Forged By Brian Flores, Improving Vikings Defense The main story going into the Vikings Week 10 game against the New Orleans Saints was the near-miracle accomplished by newcomer Josh Dobbs that resulted in a last-minu...
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Sold-out Ed Sheeran tickets mark Another win for Singapore's UOB Singapore's third-largest lender is again banking on a blockbuster concert partnership to boost fee income, fresh on the heels of its success with Taylor Swift concert tickets.
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Bitcoin Hits 18-Month High as Market 'Greed' Takes Hold, Igniting Short Squeeze Frenzy The Crypto Fear and Greed Index (CFGI) currently reveals a mood of “greed” within the cryptocurrency market, scoring a 69 out of 100. As of November 9, 2023, at 5:20 a.m. Eastern Time, the price of bitcoin peaked abo...
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Polygon Labs Commences $85M Grant Program to Draw Builders to Its Ecosystem Polygon Labs is offering a total of 110 million of its native token, MATIC, to projects in DeFi, gaming and social media, among others.
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Apple May Be Forced To Pay $14 Billion In EU Taxes After Legal Setback The EU's case against Apple argued that the company had received a special deal from the Irish government that lowered its tax liability of 0.005% and gave it an unfair advantage.
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The Panama Canal is so clogged up that a shipping company paid $4 million to jump the line: report Japan's Eneos Group paid almost $4 million for expedited passage through the Panama Canal amid an unprecedented drought, Bloomberg reported.
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Growth potential for life insurance rises with the increasing aging population The population aged 50 and above has significantly grown in recent decades, thanks to advancements in healthcare, enhanced living conditions, and improved access to medical treatment. Will this boost the insurance sector...
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US government bonds yield cross 5%, a decadal high: Should you invest? Investing in US government bonds will give you the opportunity to benefit from current high yields, potential capital gains in the future when interest rates move down, potential gains from INR depreciation, etc.
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Lyft Inc. on Wednesday reported third-quarter results that beat Wall Street's estimates and forecast fourth-quarter sales growth that was better than expected, helped by growth in back-to-school-season demand and a push ...
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Gaming Giant WeMade's 'Controversy-hit' Token 'Relisted' in South Korea Source: terovesalainen/Adobe The South Korean gaming behemoth WeMade has scored a success by securing a new domestic crypto exchange listing for its WEMIX coin. Per Chosun Ilbo, the Gopax exchange began trading in WEMIX ...
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Disney Adds 5 Million Streaming Subscribers

The New York Times - 9 Nov 2023 01:57
Disney Adds 5 Million Streaming Subscribers The company is in the midst of a major transformation, exploring options for traditional businesses like ESPN.
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