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'Tip of the spear:' Venture capitalist says Chinese tech companies are just starting to go global

  • Dec. 6, 2021, 10:42 a.m.
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Ben Harburg, managing partner at MSA Capital speaks to CNBC's Evelyn Cheng at the annual East Tech West retreat in the Nansha district of Guangzhou, China on Dec. 1, 2021. Harburg discussed Chinese te

via www.cnbc.com

Big North Carolina factory likely to be Toyota battery plant

  • Dec. 6, 2021, 8:42 a.m.
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FILE - The company logo adorns a sign outside a Toyota dealership Sunday, March 21, 2021, in Lakewood, Colo. North Carolina officials have scheduled a Monday, Dec. 6, 2021, news conference to announce

via apnews.com

Exclusive: oil companies’ profits soared to $174bn this year as US gas prices rose

  • Dec. 6, 2021, 7:42 a.m.
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The largest oil and gas companies made a combined $174bn in profits in the first nine months of the year as gasoline prices climbed in the US, according to a new report. The bumper profit totals, pro

via www.theguardian.com

Biden and businesses agree on one thing: U.S. needs immigrant workers

  • Dec. 6, 2021, 6:42 a.m.
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The squeeze on foreign labor comes as the country's working-age population has been declining and as businesses say they can’t find enough workers to staff their operations because of the pandemic. Th

via www.politico.com

Dollar Tree is raising its prices for good

  • Dec. 6, 2021, 6:42 a.m.
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(Black Information Network)—It’s no secret that the nation’s economy is reeling from the effects of the Covid-19 pandemic. Record-high prices at the grocery store and gas pumps have plagued Americans

via newpittsburghcourier.com

Canadian employers, facing labor shortage, accommodate the unvaccinated

  • Dec. 6, 2021, 6 a.m.
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A sign advertising available jobs at the Clocktower Brew Pub hangs in a window in Ottawa, Ontario, Canada, November 9, 2017. REUTERS/Chris Wattie/File Photo OTTAWA, Dec 6 (Reuters) - Canada's tight l

via www.reuters.com

Israeli firm to sell HSBC Tower in New York for $855 million

  • Dec. 5, 2021, 8:42 a.m.
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A general view of the skyline of Manhattan as seen from the One World Trade Center Tower in New York City, New York, U.S., June 15, 2021. REUTERS/Mike Segar/File Photo JERUSALEM, Dec 5 (Reuters) - Is

via www.reuters.com

Restaurants created a monster by emphasizing to-go and online orders during the pandemic, and now they can't control it

  • Dec. 5, 2021, 7:42 a.m.
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Restaurant chains are starting to grapple with the growing demand for to-go orders. Workers have been saying things were untenable since early in the pandemic. Americans are consuming much more food

via www.businessinsider.com

Panicked New York bagel shop owners are hoarding cream cheese and crossing state lines for supply as dairy companies struggle against supply chain crisis

  • Dec. 5, 2021, 1:42 a.m.
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New York City bagel shops are experiencing a shortage of cream cheese due to heightened demand and supply chain constraints. Several store owners told the New York Times they've started hoarding crea

via www.businessinsider.com

NYC businesses told to pay up after not accepting cash

  • Dec. 4, 2021, 9:42 p.m.
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This city rule makes no “cents,” according to Big Apple businesses suffering under a ban on cashless establishments. Upscale ice cream parlor Van Leeuwen has been slapped with $12,750 in fines across

via nypost.com

Auditchain Presale Launches on Polygon

  • Dec. 4, 2021, 8:42 p.m.
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Auditchain, the world’s first decentralized accounting, financial reporting, audit and analysis metaverse for assurance and disclosure announced that it’s presale has launched on Polygon. The presale

via blog.auditchain.finance

CNN fires Chris Cuomo

  • Dec. 4, 2021, 3:42 p.m.
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New York (CNN) CNN said Saturday that anchor Chris Cuomo has been "terminated" by the network, "effective immediately." The announcement came after an outside law firm was retained to review informat

via www.cnn.com

Will psychedelics become mainstream? This Calgary company is betting on it

  • Dec. 4, 2021, 10:42 a.m.
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Danny Motyka discovered his love for chemistry when he was high on LSD back in the mid-2000s. The single tab of blotter acid — emblazoned with images of tongues from the rock band Kiss — set him on a

via www.cbc.ca

New Mexico approves public financing for cannabis businesses

  • Dec. 4, 2021, 9:42 a.m.
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FILE — In this April 12, 2021 file photo New Mexico Gov. Michelle Lujan Grisham announces her decision to sign a law that legalizes recreational marijuana outside the state Capitol building in Santa F

via apnews.com

Vinehealth, offering digital support for cancer patients and SaaS for R&D, gets $5.5M to launch in the US – TechCrunch

  • Dec. 4, 2021, 5:42 a.m.
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Vinehealth, a 2018-founded, London-based digital health startup that’s built an app offering personalized support for cancer patients while also making it easier to gather patient-reported outcome (PR

via techcrunch.com

Rising inflation, relentless pandemic dampen U.S. consumer confidence

  • Dec. 3, 2021, 5:42 p.m.
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Shoppers show up early for the Black Friday sales at the King of Prussia shopping mall in King of Prussia, Pennsylvania, U.S. November 26, 2021. REUTERS/Rachel Wisniewski Summary Consumer confidence

via www.reuters.com

Microsoft shareholders vote to force company to better report sexual harassment data

  • Dec. 3, 2021, 2:42 p.m.
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Microsoft Corp. shareholders voted on Tuesday to force the company to more transparently address sexual harassment claims via independent investigations and public reporting. The proposal, approved d

via abcnews.go.com

Economy added just 210,000 jobs last month, far below expectations

  • Dec. 3, 2021, 1:42 p.m.
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The economy added just 210,000 jobs in the month of November, the Bureau of Labor Statistics said Friday, and the unemployment rate fell to 4.2 percent from 4.6 percent. Economists had been expecting

via www.nbcnews.com

2021 News items - Negotiations on services domestic regulation conclude successfully in Geneva

  • Dec. 3, 2021, 8:42 a.m.
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The declaration notes the conclusion of the negotiations on new disciplines relating to domestic regulation for services that seek to improve the business climate, lower trade costs and cut red tape s

via www.wto.org

China property market to keep cooling into H1 2022 on tight curbs: Reuters poll

  • Dec. 3, 2021, 7:42 a.m.
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Under-construction apartments are pictured from a building during sunset in the Shekou area of Shenzhen, Guangdong province, China November 7, 2021. REUTERS/David Kirton Summary Home prices expected

via www.reuters.com

Labor market tightening; layoffs lowest in nearly 30 years

  • Dec. 3, 2021, 7:42 a.m.
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People line up outside a newly reopened career center for in-person appointments in Louisville, U.S., April 15, 2021. REUTERS/Amira Karaoud/File Photo Summary Weekly jobless claims increase 28,000 to

via www.reuters.com

The CEO of cosmetics retailer Lush says he's 'happy to lose' $13 million by deleting Facebook, TikTok, Snapchat accounts over teen mental-health harms

  • Dec. 3, 2021, 4:42 a.m.
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UK cosmetics company Lush shut down many of its social media accounts on Black Friday. Lush cited the Facebook whistleblower's revelations about social media harms being ignored. CEO Mark Constantin

via www.businessinsider.com

Amazon is telling employees not to use words that might attract antitrust scrutiny like 'platform,' or say it's 'dominating competitors'

  • Dec. 3, 2021, 3:42 a.m.
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Amazon tells employees to avoid words that may generate "unnecessary press or regulatory focus." Amazon, which dominates US e-commerce, portrays itself as a small part of the global retail market. A

via www.businessinsider.com

US jobless claims rise by 28,000, but still low at 222,000

  • Dec. 3, 2021, 12:42 a.m.
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Until Sept. 6, the federal government had supplemented state unemployment insurance programs by paying an extra payment of $300 a week and extending benefits to gig workers and to those who were out o

via www.whec.com

Debt collectors can now text, email and DM you on social media

  • Dec. 2, 2021, 12:42 p.m.
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Debt collectors can now text, email and DM you on social media Enlarge this image Justin Sullivan/Getty Images Justin Sullivan/Getty Images The next time someone tries to friend you on Facebook or f

via www.npr.org

Capital One to drop overdraft fees for all retail banking customers

  • Dec. 2, 2021, 8:42 a.m.
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Capital One is eliminating all overdraft fees for retail banking customers, according to a memo distributed to employees on Wednesday. It’s the largest U.S. bank yet to end the industry practice of c

via www.nbcnews.com

Match settles legal fight with Tinder founders for $441m

  • Dec. 2, 2021, 12:42 a.m.
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However, the lawyers for Match and IAC argued that Mr Rad was suffering from "seller's remorse" and had not taken the opportunity to argue that Tinder was worth more than $3bn when it was being valued

via www.bbc.co.uk

The future of work: In a hybrid world, office downsizings are coming

  • Dec. 1, 2021, 8:42 p.m.
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As many companies push back a full return to the office because of the pandemic — and struggle to figure out just what the workplace of the near future will look like — a glut of office space continue

via www.computerworld.com

Apple backs exemptions for Trump tariffs on Apple Watches and Mac Pro parts

  • Dec. 1, 2021, 7:42 p.m.
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Apple filed eight public comments supporting temporary waivers for tariffs on Apple Watch and Mac Pro parts on Wednesday, according to the U.S. Trade Representative's website. The filings are a publi

via www.cnbc.com

Hickenlooper: Law preventing cannabis business banking 'a recipe for disaster'

  • Dec. 1, 2021, 5:42 p.m.
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Lawmakers on both sides of the aisle said Wednesday that federal law prohibiting cash-only cannabis businesses from using banks must be changed. Despite recreational marijuana being legal in 18 state

via thehill.com

A growing number of shoppers are 'bracketing' their online purchases, creating a logistical nightmare for retailers

  • Dec. 1, 2021, 12:42 p.m.
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"Bracketing" is the practice of buying the same item online in multiple sizes or colors. This has increased with the rise of e-commerce: 58% of shoppers in a survey reported bracketing. It creates l

via www.businessinsider.com

How Boeing Was Set on the Path to Disaster by the Cult of Jack Welch

  • Dec. 1, 2021, 12:42 p.m.
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On April 20 this year, a group of the largest stakeholders in Boeing took part in a virtual version of the company’s annual general meeting. A few hours before the meeting opened online, they learned

via www.thedailybeast.com

Cannabis and banking vets launch credit card for dispensaries – TechCrunch

  • Dec. 1, 2021, 10:42 a.m.
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Most consumer cannabis transactions are done in cash, legal or not. Since the United States classifies cannabis as a Title IV drug, the banking industry is unwilling and unable to provide services to

via techcrunch.com

Goldman Sachs unveils Amazon-backed cloud service for Wall Street trading firms

  • Dec. 1, 2021, 9:42 a.m.
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Goldman Sachs is getting into the cloud computing business. The bank is opening up access to its trove of market data and software tools to hedge funds and asset managers in an offering designed with

via www.cnbc.com

Americans are quitting their jobs at record rates — here are the 10 states leading the trend

  • Dec. 1, 2021, 8:42 a.m.
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America is becoming a nation of quitters — with a record 4.4 million workers handing in their resignations in September. But the trend isn't spread evenly across the country, with some states experien

via www.cbsnews.com

FTC probes major retailers' profit margins in supply chain investigation

  • Dec. 1, 2021, 7:42 a.m.
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The Federal Trade Commission is asking Amazon, Walmart and seven other retailers and wholesalers for internal documents, as a part of a newly launched investigation into supply chain disruptions. The

via www.cbsnews.com
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