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Business News

Location American Business News for 31 January 2024

Solar Farm Income Per Acre: The Stats You Need to Know

Small Business Trends - 31 Jan 2024 16:00
Solar Farm Income Per Acre: The Stats You Need to Know What is the solar farm income per acre? As the renewable energy industry grows, this information delivers a great business opportunity.
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Govt cuts import duty on mobile phone components to 10% from 15% Import duty on mobile phone parts such as back covers, battery covers, GSM antenna, main camera lens, and other mechanical items of plastic and metal has been reduced to 10%
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Mark Zuckerberg rejected requests in 2021 to expand Meta's child safety teams: docs Meta chief Mark Zuckerberg turned down requests from his top brass back in August 2021 to expand the company's child-safety and well-being workforce, emails released by Congress revealed.
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Walmart to Add 150 Stores in Five Years in Big Expansion Drive The retail giant, which last opened a new outlet in 2021, said most of the stores would be newly built.
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Elon Musk's $55 Billion Tesla Pay Package Struck Down by Judge

Wall Street Journal - 31 Jan 2024 01:07
Elon Musk's $55 Billion Tesla Pay Package Struck Down by Judge Delaware Court of Chancery rejects a pay package initially approved in 2018.
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Starbucks says Middle East conflict -- and protests in the U.S. -- have hurt sales Starbucks Corp. on Tuesday reported fiscal first-quarter profit and sales that missed Wall Street's expectations, amid what management referred to as "headwinds" during the period, but shares rose after hours.
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The firm updates investors for the first time since the Alaska Airlines blowout.
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Brace for a recession that may trigger a stock-market meltdown worse than 2022, says top economist David Rosenberg Stocks will likely suffer as labor hoarding and debt-fueled spending can't stave off a recession for much longer, veteran economist David Rosenberg said.
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Netflix co-founder Reed Hastings gifts $1.1B in shares to charity Netflix co-founder and Executive Chairman Reed Hastings donated 2 million shares valued at $1.1 billion to a California charity.
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Senators say Meta, X, TikTok, Discord and Snap are not doing enough to protect children online.
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Google will spend $700 million on severance this quarter

Business Insider - 31 Jan 2024 00:49
Google layoffs have resulted in large severance payments and related costs, its Tuesday earnings report showed.
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EU delays biodiversity rules amid rising protests from farmers Requirement to leave 4% of land fallow waived for a year in light of cash squeeze caused by flooding, drought and heatwaves Europe live - latest updates Farmers protesting across Europe have won their first concession fr...
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How banks can capitalize on the shift to employee-owned businesses Experts predict the number of small businesses turning to an employee-ownership model will accelerate in the coming years. The would mean opportunities for banks that advise on such transitions.
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"When there is an energy shock, it can take a huge price change to clear the market," per Harvard economist Ken Rogoff.
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AMD earnings could make its pricey stock even more expensive, this analyst says AMD's outlook "does suggest numbers this year are going to need to come down once again," Bernstein says.
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The Dow Jones tends to fall in February. In election years, it's even worse. February is often a 'digestion month' for stocks after January gains, history shows. The effect is even more pronounced in presidential election years.
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Nullification of Elon Musk's $56 billion pay package could be a wakeup call for corporate boards Chancellor seemed to be aware she could be setting a precedent in Delaware, where a majority of U.S. corporations are incorporated, in terms of corporate governance.
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Visa is sued over 'Vanilla' gift card scam known as 'draining' According to the complaint, the non-reloadable debit cards are sold at CVS, Target, Walgreens and other retailers in thin cardboard sleeves that thieves can open and reseal without being detected.
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Bitcoin ETFs Net $255 Million Daily Inflows As Grayscale Sell-off Cools U.S. Bitcoin ETFs met a tsunami of inflows on Monday as Bitcoin (BTC)'s price came roaring back above $43,000. The asset absorbed $255 million of net flows across all ten publicly traded spot ETFs that launched on Januar...
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Elon Musk's $56 billion Tesla pay package in limbo after court voids it A Delaware judge late Tuesday voided Tesla Inc. Chief Executive Elon Musk's $56 billion compensation package.
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Fanatics Commerce Brings in 3 New Execs to Support Global Growth Goals Fanatics Commerce, the fan gear designer, manufacturing and retail division of the Fanatics digital sports platform, has made three new executive appointments to drive its next phase of growth. In the C-level, Fanatics C...
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Time to End Craig Wright's Harassment Campaign Against Bitcoin Devs Craig Wright has repeatedly litigated anyone questioning his claim to be Satoshi, harming numerous people in crypto in the process. The Crypto Open Patent Alliance aims to put a stop to this as its case comes to court Fe...
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