Business News
Sneaker sales for Sambas, the 2023 'Shoe of the Year', will likely peak soon, but Adidas has a plan
Fast Company - 4 May 2024 09:00
The German sportswear giant is preparing for the inevitable downward trend in Samba sales this year. As Adidas aims to build on hot demand for its three-striped white and black Samba and multicolored Gazelle sneakers, it...
How to watch the 2024 Kentucky Derby live without cable, including limited free options
Fast Company - 4 May 2024 10:11
This year marks the 150th Run for the Roses at Churchill Downs in Louisville. Here's how cord-cutters can get in on the action. Dust off your finest hats--it's Derby day.
Eight arrested in multi-million dollar retail theft operation, Los Angeles County sheriff officials said
L.A. Times - 4 May 2024 21:52
Eight people were arrested on suspicion of organized retail theft after authorities discovered several million dollars worth of stolen medicines, cosmetics and other merchandise at multiple Los Angeles locations, sheriff...
America's War Machine Runs on Rare-Earth Magnets. China Owns That Market.
Wall Street Journal - 4 May 2024 05:00Small Businesses Recieved $178 Billion in Federal Contracts in FY23
Small Business Trends - 4 May 2024 14:00
Small businesses recieved $178 billion in federal contracts in fiscal year 2023, which was responsible for supporting one million good jobs.
US Authorities Charge Man in Connection With $43 Million 'Classic' Ponzi Scheme
Bitcoin.com - 4 May 2024 13:17
U.S. authorities have charged a man they accuse of operating a Ponzi scheme, which purported to invest in a cryptocurrency trading enterprise. The operator of the scheme is accused of defrauding investors of at least $43...
The likely reason your résumé got rejected
Business Insider - 4 May 2024 11:52The Economic Slowdown Is Finally Here. Welcome It.
Wall Street Journal - 4 May 2024 11:30
Services sector cools as consumers pull back, putting rate cuts back on the table.
Hims and Hers stock plummets 8% after CEO says he is 'eager' to hire anti-Israel protesters
New York Post - 4 May 2024 04:51
The stock price of Hims & Hers Health, Inc. plummeted 8% after the company's CEO said he and other executives were "eager" to hire anti-Israel student protesters who've faced disciplinary actions from their universities....
Google blasted as 'negligent' over evidence destruction as landmark DOJ antitrust case wraps up
New York Post - 4 May 2024 00:46
A federal judge blasted Friday Google over a "negligent" policy that resulted in the deletion of employee chat records as closing arguments wrapped up in a landmark antitrust case that could result in unprecedented chang...
U.S. stocks rally on 'Goldilocks' jobs report as Wall Street's fear gauge slides
Market Watch - 4 May 2024 00:44Paramount Will Let Exclusive Talks With Skydance Lapse, Imperiling Deal
The New York Times - 4 May 2024 00:02
Negotiations are now likely to focus on another suitor, Sony, which has teamed up with the private equity giant Apollo on a $26 billion bid.
Berkshire Reports Drop in Profits but Formidable Cash Stockpile
The New York Times - 4 May 2024 15:38
The company's first-quarter earnings were released before its annual investor meeting in Omaha.
Grayscale's GBTC stops bleeding: First inflow since launch
Coin Telegraph - 4 May 2024 06:13
Grayscale Investments' GBTC has seen its first day of inflows, following over $17.5 billion in outflows since the launch of Bitcoin ETFs in January.
GameStop's stock skyrockets 29% to continue rally and register biggest gain in over a year
Market Watch - 4 May 2024 01:58Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam
Crypto News - 4 May 2024 01:37
An unknown trader lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction in an address-poisoning scam. The post Trader Loses $68M of Wrapped Bitcoin in Address Poisoning Scam appeared first on Cryptonew...
US Government Could Target Bitcoin, Warns 'Wolf of All Streets' Amid Crypto Attacks
Bitcoin.com - 4 May 2024 01:11
Scott Melker, also known as the “Wolf of All Streets,” has cautioned that the same attacks on cryptocurrencies by the U.S. government “would eventually come for bitcoin, regardless of it being a commodity.” His w...
The Indestructible Art of Frank Stella
The New Yorker - 4 May 2024 23:45
The artist, who has died at eighty-seven, rattled standards of modernist abstraction rather as Bob Dylan did those of folk music.
Block Is Buying Bitcoin Every Month for Its Balance Sheet
Bitcoin.com - 4 May 2024 23:35
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products t...
Higher education's descent into chaos with anti-Israel protests leads to the question -- who is behind this mass indoctrination?
New York Post - 4 May 2024 22:51
For every billionaire Ivy League grads thoroughly disgusted with what their contributions to Columbia, Penn and Harvard have financed -- too many others continue to throw their money at these schools.
Boeing Locks Out Its Firefighters In Labor Dispute
The Huffington Post - 4 May 2024 22:44
The embattled aircraft manufacturer is at odds with the firefighters' union over a new contract. The union calls the lockout a safety risk.
Jack Dorsey-Backed Initiative Donates $21M to Bitcoin Nonprofit Opensats to Bolster Development
Bitcoin.com - 4 May 2024 21:37
According to the 501(c)(3) public charity Opensats, a nonprofit focused on supporting Bitcoin-related initiatives and efforts that contribute to Bitcoin’s success, Jack Dorsey’s philanthropic endeavor #startsmall has...