Business News
7-Eleven Is a Hard Target for Couche-Tard to Land in Takeover Bid
The New York Times - 24 Aug 2024 06:00
Convenience stores are a part of the country's culture, meaning that the foreign buyout bid for 7-Eleven, the largest chain, could be a hard sell in Japan.
China and Russia Push for Increased Local Currency Use in Trade, Deepen BRICS Cooperation
Bitcoin.com - 24 Aug 2024 05:30
China and Russia solidified their cooperation in currency, finance, and within the BRICS framework following a meeting between Chinese Premier Li Qiang and Russian Prime Minister Mikhail Mishustin. They committed to loca...
Gold bars just hit the $1 million mark, but that doesn't mean your Costco gold bars make you a millionaire
Business Insider - 24 Aug 2024 03:57Working for Doordash and Grubhub increasingly feels like a 9-5. And that may be bad news for the companies.
Business Insider - 24 Aug 2024 12:18Starbucks gives new CEO Brian Niccol company jet to fly from California home to Seattle HQ
New York Post - 24 Aug 2024 05:17
Starbucks has given its new CEO Brian Niccol a corporate jet to make the super commute from his southern California mansion to the company’s Seattle headquarters, according to a report. The coffee chain revealed the sw...
Fresh off $1.6 billion loss, Intel prepares for possible activist investors: report
Market Watch - 24 Aug 2024 01:59Telegram CEO Pavel Durov Arrested in France: TON Price Plummets
Bitcoin.com - 24 Aug 2024 23:46
Pavel Durov, founder and CEO of Telegram, has reportedly been arrested at Le Bourget airport in France under a search warrant issued by the French judicial police. The arrest follows accusations that Telegram facilitates...
Crypto Exchange Gate.io Secures Sponsorship Deal With Italian Soccer Giant Inter Milan
Bitcoin.com - 24 Aug 2024 23:30
Crypto exchange Gate.io has secured a sleeve sponsorship deal with Inter Milan, the reigning Italian champions. Gate.io’s logo will be displayed on both men’s and women’s team jerseys. Both parties see this collabo...
San Francisco officials say they won't miss Elon Musk if he moves X to Texas: 'Good riddance'
Business Insider - 24 Aug 2024 23:26
Elon Musk said he wants to move the X headquarters from California to Texas. San Francisco is not weeping.
Academic Paper Questions Federal Reserve Independence and Exposes Political Ties
Bitcoin.com - 24 Aug 2024 22:30
Thomas Joseph Webster, Professor Emeritus of Economics at Pace University, challenges the long-held belief in the Federal Reserve’s political independence in his comprehensive report, “The Myth of Fed Political Indep...
Anthropic says it is closer to backing California's AI bill after lawmakers made some fixes. Here's what changed.
Business Insider - 24 Aug 2024 22:21AWS CEO Predicts AI to Transform Software Developer Roles
Bitcoin.com - 24 Aug 2024 21:30
In a leaked recording from an internal meeting, Amazon Web Services CEO Matt Garman discussed the evolving role of software developers in the age of artificial intelligence (AI). Garman suggested that AI could soon take ...
Kamala Harris's economic policy positions are MIA -- expect more of the same lefty ideas
New York Post - 24 Aug 2024 21:06
Vice President Harris' campaign website has no significant economic policy positions; her campaign hasn't issued any definitive statements on where they stand on taxes, fracking, and a lot more.
Bitcoin's Reign Unchallenged: Altcoin Season Continues to Fade Into Obscurity
Bitcoin.com - 24 Aug 2024 20:30
Market data reveals that bitcoin’s market capitalization now stands at 56%, representing a 47.36% growth since Nov. 2022. Although the crypto markets have been showing positive trends this week, the likelihood of an �...
Unite calls for 1% wealth tax on super-rich to fund UK public sector pay rises
The Guardian - 24 Aug 2024 20:05
The demand from Britain's second biggest union will test truce with Labour at next month's TUC conference Britain's second biggest trade union is calling on the new Labour government to introduce an emergency 1% wealth t...
Economists like competition but not when it comes to their own field of research | Torsten Bell
The Guardian - 24 Aug 2024 20:00
Winners of prizes such as the Nobel are concentrated in a handful of universities, which runs the risk of narrowing debate Economists are pro-competition, warning against concentrated markets - dominated by a few large f...
SpaceX will bring Boeing's Starliner astronauts home from the International Space Station
L.A. Times - 24 Aug 2024 20:00
NASA Administrator Bill Nelson said the decision was driven by the agency's commitment to safety, especially after the disasters that beset the space shuttle program.
NASA astronauts to return to earth with Elon Musk's SpaceX, Boeing Starliner to come back empty
Market Watch - 24 Aug 2024 19:53The rise and fall of the 30-year friendship between Bill Gates and Warren Buffett
Business Insider - 24 Aug 2024 19:41'I'm conflicted': I have two sons -- one is a hard worker with kids and the other is a 'carefree' actor. Should I leave the 'family man' more money in my will?
Market Watch - 24 Aug 2024 19:33Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network's Hashrate
Bitcoin.com - 24 Aug 2024 19:30
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began, Foundry's hashrate has ...