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Business News

Location American Business News for 21 October 2024
UBS Predicts 'No Landing' for US Economy -- What It Means for Markets and Inflation Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and...
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Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort...
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CVS workers across 7 pharmacies in Calif. strike, demanding better pay, health care Workers at four stores in Los Angeles and three others in Orange County walked off the job on Friday.
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The truth about jobs, layoffs and unemployment -- and why investors shouldn't sweat Remember those bears growling through the spring and summer about rising unemployment numbers? September's better-than-forecast jobs data finally silenced them. But any more bad reports in the months ahead, and they'll b...
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Disney names ex-Morgan Stanley CEO James Gorman its next chairman, aims to pick Bob Iger successor in 2026 Gorman pledged on Monday that finding a successor to CEO Bob Iger is a "critical priority."
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Disney said that James Gorman would become its new chair and announced plans to confirm a new CEO in "early 2026."
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Vulnerable customers had VW cars taken away VW Finance showed "a lack of empathy", according to the Financial Conduct Authority.
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Boeing's stock saw major upside after past strikes, but this time won't be easy "There was substantial upside if one bought Boeing stock" during prior strikes in 1989, 1995 and 2005, an analyst says, though a 2008 strike that coincided with the Great Recession was an outlier.
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JDE Peet's shares surge as JAB buys Mondelez $2.4 billion stake at a premium JDE Peet's also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it's sales have put it on track to achieve its full-year outlook
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Uber CEO Dara Khosrowshahi calls Elon Musk's vision for Tesla robotaxis 'pretty compelling' Uber CEO Dara Khosrowshahi appeared on Friday's episode of the Hard Fork podcast, where he spoke about the future of the autonomous vehicle industry.
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Olivia Nuzzi Parts Ways With New York Magazine The saga of Olivia Nuzzi, Robert F. Kennedy Jr. and New York Magazine has come to an end. In a note to readers on Monday, the Vox Media-owned publication announced that it was parting ways with its star political reporte...
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Nike Extends NBA, WNBA Outfitting Partnership

Wall Street Journal - 21 Oct 2024 23:39
Nike Extends NBA, WNBA Outfitting Partnership The extension comes at a critical time. The company earlier this month withdrew its full-year guidance and postponed its first investor day in seven years.
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Ward Christensen, Early Visionary of Social Media, Dies at 78

The New York Times - 21 Oct 2024 23:31
Housebound during a 1978 blizzard, he and a friend began devising the first computer bulletin board, a forerunner of online services like Reddit, TikTok and Facebook.
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A woman accuses Sean "Diddy" Combs in a lawsuit of raping her after she attended a VMA after-party in New York.
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The Ames Test offered a fast and inexpensive way to identify carcinogens, leading to the banning of chemicals linked to cancer and birth defects.
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The Ames Test offered a fast and inexpensive way to identify carcinogens, leading to the banning of chemicals linked to cancer and birth defects.
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Overnight Cable News Ratings for Oct. 15-17: Kamala Harris Interview With Bret Baier Boosts Fox News Tuesday, Oct. 15 Fox News' The Five won in total viewers at 5 p.m. ET (all times Eastern), while Gutfeld! led in the Adults 25-54 demo. CNN's The Source with Kaitlan Collins was the network's top show in the demo and the...
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The most famous athlete born in every state

Business Insider - 21 Oct 2024 23:14
The most famous athlete born in every state Great athletes have been born all across the country. Who's the most iconic athlete from your home state?
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Elon Musk's $1 million giveaway may not be legal

Business Insider - 21 Oct 2024 23:14
Elon Musk's $1 million giveaway may not be legal The potential issue stems from the fact that giveaway participants must be registered voters: It's illegal to pay people to register to vote.
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My mom came home from dinner to an eviction notice on the door and even worse news to follow. Now I spend $28 a month to make sure it can't happen to me. I'm a healthy 32-year-old man and never thought about life insurance — until my mom lost her house and her husband's insurance became a lifeline.
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What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round Perplexity has raised hundreds of millions from Jeff Bezos and Nvidia while clashing with top media organizations over alleged copyright violations.
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Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
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