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September 22, 2021

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China Evergrande shares dive to 11-year low as default risks grow

Reuters
HONG KONG, Sept 20 (Reuters) – China Evergrande Group (3333.HK) shares plunged on Monday to over 11-year lows, extending losses as executives try to salvage its business prospects and as default fears grow over a looming deadline for payment obligations this week. Evergrande has been scrambling to raise funds to......

Still-young crypto industry could grow stronger — if SEC allows it to thrive

NYPost
Charles Gasparino With the cryptocurrency market rising, Securities and Exchange Commission boss Gary Gensler wants to push it away by adding too much red tape for crypto businesses, Charles Gasparino writes. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics......

Why digital retail darlings Warby Parker and Allbirds are betting big on stores to grow ahead of public debuts

CNBC
CNBC – For more and to sign up click here A Warby Parker’s store in The Standard, Los Angeles, California. Michael Buckner | Getty Images Retail darlings Warby Parker and Allbirds launched on the internet and paved the way for other brands to follow their playbooks and hope for similar......

‘Morale is low’: Workers grow weary of ‘The Great Wait’ to return to offices

CNBC
CNBC – For more and to sign up click here In much of corporate America, January 2022 is the new Labor Day 2021 as the target date for a widespread return-to-office movement. As of late August, 66% of organizations were delaying office reopenings due to Covid variants, according to a Gartner......

Biden to outline plan to curb coronavirus Delta variant as cases grow

Reuters
WASHINGTON/ABOARD AIR FORCE ONE, Sept 7 (Reuters) – President Joe Biden on Thursday will present a six-pronged strategy intended to fight the spread of the highly contagious coronavirus Delta variant and increase U.S. COVID-19 vaccinations, the White House said on Tuesday. The United States, which leads the world in COVID-19......

Concern, Urgency Grow for USMNT to Start World Cup Qualifying

Sports Illustrated
http://www.si.com/.image/c_limit%2Ccs_srgb%2Cfl_progressive%2Ch_1200%2Cq_auto:good%2Cw_1200/MTgzNjY4MTg4Mjk3MzA3ODY1/christian-pulisic-usmnt-draw-canada-wcq.jpg Brian Straus NASHVILLE, Tenn. — The luster and resonance of the two trophies lifted this summer is fading. U.S. men’s national team coach Gregg Berhalter had warned that World Cup qualifying failure would erase the significance of the recent Concacaf Nations League and Gold Cup titles claimed by his......

Calls Grow to Discipline Doctors Spreading Virus Misinformation

New York Times
Standing before a local school board in central Indiana this month, Dr. Daniel Stock, a physician in the state, issued a litany of false claims about the coronavirus. He proclaimed that the recent surge in cases showed that the vaccines were ineffective, that people were better off with a cocktail......

The NFL wants to grow data and analytics to drive revenue, and just hired former Ford executive Paul Ballew to help

CNBC
CNBC – For more and to sign up click here General view of the NFL Shield logo on the field before Super Bowl LV between the Tampa Bay Buccaneers and the Kansas City Chiefs at Raymond James Stadium. Kim Klement | USA TODAY Sports | Reuters The National Football League......

Home Depot earnings top estimates as sales grow 8% on shoppers ringing up bigger tickets

CNBC
CNBC – For more and to sign up click here Customers wearing protective masks wait to check out at a Home Depot store in Pleasanton, California, U.S., on Monday, Feb. 22, 2021. David Paul Morris | Bloomberg | Getty Images Home Depot on Tuesday beat analysts’ estimates for its fiscal......

Burger King parent earnings top estimates as domestic digital sales grow nearly 60%

CNBC
CNBC – For more and to sign up click here Jose Cil, CEO of Restaurant Brands International, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York, U.S., November 6, 2019. Brendan McDermid I Reuters Restaurant Brands International on Friday reported quarterly earnings and revenue......

Concerns grow about the plight of a former U.S. Marine imprisoned in Russia

New York Times
Paul N. Whelan, the former U.S. Marine sentenced in Russia to 16 years in prison on espionage charges, has not been able to contact his family or the U.S. Embassy since July 4, and relatives and members of Congress are increasingly concerned about his well-being. “He’s not been heard from,”......

As China’s debt risks grow, here are 3 warning signs to watch

CNBC
CNBC – For more and to sign up click here Signage illuminated at the China Huarong Asset Management Co. headquarters on Financial Street in Beijing, China, on Wednesday, May 19, 2021. Yan Cong | Bloomberg | Getty Images BEIJING — Weak spots are emerging in China’s growing debt pile. National......

Sprawling Oregon wildfire, largest of dozens in U.S., continues to grow

Reuters
KLAMATH FALLS, Ore., July 16 (Reuters) – A sprawling wildfire raging mostly unchecked for over a week in southern Oregon forced firefighters into retreat for a fourth straight day as it expanded to become the state’s fifth largest blaze in more than a century, forestry officials said on Friday. The......

Live Updates: Death Toll From Flooding in Europe Passes 100 and Is Likely to Grow

New York Times
New York Times – For more and to sign up click here Here’s what you need to know: An aerial view of Erftstadt-Blessem, in the German state of North Rhine-Westphalia.Credit…Rhein-Erft-Kreis/Cologne District Government, via Associated Press The scenes of devastation from the floods came from all around Western Europe as the......

BlackRock profit beats as assets grow to a record $9.5 trillion

Reuters
NEW YORK, July 14 (Reuters) – BlackRock Inc (BLK.N), the world’s largest asset manager, reported a better-than-expected quarterly profit on Wednesday as investors poured more money into the company’s funds, driving robust fee growth and boosting its assets under management to a record high. BlackRock’s assets under management jumped to......

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