Walmart and Kroger are raising prices on BinaxNOW test kits, made by Abbott Laboratories, after an agreement with the White House to sell the kits at cost expired.
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- Business Insider
Crypto billionaire Sam Bankman-Fried names 2 potential ethereum-killers as the next big blockchains: report
The FTX chief executive officer told Decrypt that Solana and Avalanche are the up-and-coming blockchains this year.
Mio, the Vietnamese social commerce platform, has raised an $8 million Series A, less than a year after announcing its seed round. The funding was led by Jungle Ventures, with participation from Patamar Capital and Oliver Jung. Existing investors investors GGV, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram also returned for the round.
Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC's top producer in charge of two thirds of Poland's oil supply, eroding previously dominant supplier Russia's leverage as it grapples with regional tension. Poland has a long history of seeking to reduce its dependence on Russian energy imports through deals with alternative suppliers and its determination has grown as relations have worsened. The mood between Poland and Russia had already darkened over oil supplies early in 2021 when Poland had to cut its oil purchases from Russia because of a price row between Russia's Rosneft and Poland's PKN Orlen.
- Miami Herald
Homebuilders are an optimistic bunch. They normally purchase land or finished lots, spend thousands on lumber and myriad other materials, and start putting up houses — often before the first customer walks in the door.
(Bloomberg) -- Relations between the U.S. and China are set to remain strained, which could prompt Beijing to continue diversifying its imports of agricultural goods and keep America’s share low, according to Fitch Solutions. Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales Halted; Hong Kong Arre
As the global market for electric vehicle batteries continues to explode, firms headquartered in Asian countries are taking the lead, accounting for 80% of global production
Employees want to work for and will stay at companies where there’s a culture of flexibility and well-being, writes LinkedIn's chief people officer.
People Are Sharing Red Flags From Employers That Should Trigger Warning Bells, And Some Of These May Surprise You
"We're a family." Ugh.View Entire Post ›
Nearly a third of India's rice exports for this month are stuck due to a shortage of freight trains and most traders have stopped signing February export contracts to avoid demurrage charges, industry officials told Reuters. The slowdown in exports from India, the world's biggest rice exporter, has allowed rival suppliers such as Thailand, Myanmar and Vietnam to increase overseas sales at higher prices. Shipments of more than 500,000 tonnes of non-basmati rice that need to be transported to ports on India's east coast from the central state of Chhattisgarh have been stuck due to the shortage of freight trains, dealers said.
Call it the Great Semi-Retirement. That's where a lot of boomers might be headed as employers try to convince older staffers to stick around longer in a labor market plagued by a shortage of workers....
- Reuters Videos
More than three dozen employees have been shown the door at Activision Blizzard. The Wall Street Journal reported Monday that the video game developer fired or pushed out the employees to address allegations of sexual harassment and other misconduct. It said another 40 employees have been disciplined. That’s a big increase from the figures it released back in October, when the company disclosed it had fired more than 20 people following allegations of sexual harassment and discrimination, and that 20 more had faced other forms of disciplinary action. Best known for its “Call of Duty” franchise, Activision had planned to release the summary of these latest actions before the winter holidays. But the Journal, citing sources, said CEO Bobby Kotick held back that report, feeling it could make the company’s workplace problems bigger than has been reported. The Journal said data compiled by the company show that it has so far reviewed more than 90% of the roughly 700 employee reports it has collected on misconduct and other issues after it was sued by a California state agency over harassment claims. Activision did not respond to a request for comment.
- Business Insider
10 major airlines have signed a letter warning of massive flight disruptions and supply-chain chaos as AT&T and Verizon plan to roll out 5G services
The carrier said the 5G services could disrupt multiple systems in widebody aircraft. The nations's commerce "will grind to a halt," they added.
- NBC News
A Tennessee man was awarded more than $9 million after he was served cleaning liquid instead of water at a Marion County Cracker Barrel.
(Bloomberg) -- Billionaire Mukesh Ambani’s Reliance Industries Ltd. is buying an Indian robotics startup as the conglomerate scales up automation across its businesses, from e-commerce to new energy.Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketStock Selloff Gathers Pace as Bond Yields Climb: Markets WrapOlympic Ticke
An increase in contracting activity and supportive dynamics should help the Zacks Oil and Gas - Drilling industry operators like Helmerich & Payne (HP), Transocean (RIG), Patterson-UTI Energy (PTEN) and Nabors Industries (NBR) enjoy some upside momentum.
- The New York Times
WASHINGTON — Companies are bracing for another round of potentially debilitating supply chain disruptions as China, home to about one-third of global manufacturing, imposes sweeping lockdowns in an attempt to keep the omicron variant at bay. The measures have already confined tens of millions of people to their homes in several Chinese cities and contributed to a suspension of connecting flights through Hong Kong from much of the world for the next month. At least 20 million people, or about 1.5
- The Commercial Appeal
MHR Fund Management is looking to create a shipping container and chassis manufacturing plant on Winchester Road.
- FX Empire
Pavia.io has become the first metaverse project to launch on the Cardano blockchain, with ADA soaring by 11% since the announcement.
(Bloomberg) -- Soaring energy prices and power blackouts in Kosovo, one of the poorest countries in Europe, led to a government ban on Bitcoin mining. Now, some miners are selling their equipment or trying to move abroad, industry participants say. Most Read from BloombergFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil MarketOne of the World’s Wealthiest Oil Exporters Is Becoming UnlivableOlympic Ticket Sales
Microsoft announced a deal to buy video-game player Activision Blizzard for $68.7 billion in cash. If it goes through, it would be Microsoft’s biggest-ever acquisition — and by far the biggest deal ever in the video game biz — as well as the largest tech deal to date. Activision Blizzard’s games lineup includes “Call of […]