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Business News

Location American Business News for 2 November 2021

Meta Makes Changes to Marketing Strategy Amid Scandals

The New York Times - 2 Nov 2021 23:48
Meta Makes Changes to Marketing Strategy Amid Scandals After the social media giant auditioned agencies to manage its ad budget, underscoring its Madison Avenue ties, Spark Foundry won the business.
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Four more UK energy suppliers go bust

BBC - 2 Nov 2021 18:34
Four small energy firms are the latest to cease trading amid the soaring cost of global gas prices.
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Celebrating Ninety Years of George Booth's Cartoons

The New Yorker - 2 Nov 2021 12:00
Celebrating Ninety Years of George Booth's Cartoons The New Yorker's cartoon editor, Emma Allen, hosts the virtual première of "Drawing Life," a short film by Nathan Fitch about the revered cartoonist George Booth. Known for his mischievous cartoon dogs, cats, mechanics,...
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After years of delays, O'Hare's 'people mover' to reopen Wednesday on a limited schedule The automated train, officially called the Airport Transit System, will operate between 10:30 a.m. and 8:30 p.m. to start.
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100 Person Mega-Battles: Former Midway, Disney, Activision Game Devs Announce Mechanized-Combat NFT Game At the non-fungible token (NFT)-focused conference, NFT.NYC, developers from the Metalcore Foundation and Studio 369 revealed an NFT-powered mechanized combat video game. The game’s creators have worked on projects for...
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Fox News Channel's 'The Five' Becomes The Highest-Rated Show In Cable News "The Five" delivered a total audience of 3.108 million viewers--beating every other show in cable news even though it airs outside prime time, at 5 p.m.
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Allyson Felix Wants Americans To Take Health More Seriously 7x Olympic gold medalist Allyson Felix has long been an advocate for women's health, but now the USA sprinter steps up her messaging to encourage people to be more proactive on preventative health.
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Microsoft's Viva platform has gained new updates including admin controls and more. Plus, it's available for purchase as a suite.
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Rivian's $60 Billion EV Challenge to Detroit

Wall Street Journal - 2 Nov 2021 15:34
If the electric-vehicle startup comes even close to justifying the valuation targeted in its initial public offering, Detroit has a real problem.
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Tesla, Pfizer, Lyft: What to Watch in the Stock Market Today

Wall Street Journal - 2 Nov 2021 15:48
Tesla shares fell after Elon Musk tweeted that a deal with Hertz isn't signed yet
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A California judge cleared four drug makers of liability after a monthslong trial accusing the companies, including Johnson & Johnson and Endo International PLC, of causing widespread opioid addiction in the state.
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Goldman Sachs Predicts Ethereum Could Hit $8,000 This Year Global investment bank Goldman Sachs is reportedly predicting that the price of ether could rise to $8,000 by year-end. The bank’s analysts explained that cryptocurrencies have traded in line with inflation breakevens ...
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DuPont Plans Moves That Would Remake Chemicals Company

Wall Street Journal - 2 Nov 2021 03:18
DuPont Plans Moves That Would Remake Chemicals Company DuPont is nearing a deal to buy Rogers Corp., an electronics-materials specialist with a market value of nearly $4 billion. It also plans to review alternatives for its unit specializing in materials used in the automoti...
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Lyft Reports Higher Revenue as Ridership Returns

Wall Street Journal - 2 Nov 2021 22:06
Lyft Reports Higher Revenue as Ridership Returns The ride-hailing company had 18.9 million active riders in the latest quarter, inching closer to its pre-pandemic levels.
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President Joe Biden on Tuesday indicates that his administration is getting closer to announcing a decision on whether Federal Reserve Chairman Jerome Powell will stay on as head of the U.S. central bank.
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Sen. Joe Manchin (D-WV) on Tuesday pushed back at the notion that he signed off on the framework for a...
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This article is part of TPM Cafe, TPM's home for opinion and news analysis. It first appeared at The Conversation. Leaked internal...
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Buff Teddy Bears Protect a Family's Home in Whimsical IKEA Campaign "Home is where the heart is," the old saying goes, and that's never been more true than now. After a lengthy quarantine due to the ongoing Covid-19 crisis, many consumers have spent more time in their own homes than ever...
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Yahoo exits China, citing 'challenging' environment

New York Post - 2 Nov 2021 18:21
Yahoo exits China, citing 'challenging' environment Yahoo's withdrawal was largely symbolic, as many of the company's services were already blocked by China's digital censorship.
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Formerly convicted Trump associate Roger Stone is demanding that Florida Gov. Ron DeSantis (R) launch an “audit” of the state’s...
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Hertz Claims Tesla Deliveries Have Started After Elon Musk Says A Contract Hasn't Been Signed Despite falling Tuesday morning, shares of Tesla are still up 60% since Hertz announced a record $4 billion order last week.
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RESULTS: 14 candidates are vying to replace Keisha Lance Bottoms as Atlanta mayor The top candidates to lead Atlanta include former Mayor Kasim Reed, several members of the city council, and an attorney.
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