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FedEx shares fall as labor woes weigh on 2022 outlook
July 15, 2021July 9, 2021 musimaticnet

FedEx shares fall as labor woes weigh on 2022 outlook

Business

Shares in U.S. delivery firm FedEx Corp (FDX.N) shed more than 4% on Thursday after hiring difficulties tempered its 2022 earnings forecast. FedEx founder and

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Bitcoin to Drop to $25,000? How UK, China Regulations Crash Crypto Market Recently
July 14, 2021July 9, 2021 musimaticnet

Bitcoin to Drop to $25,000? How UK, China Regulations Crash Crypto Market Recently

Business

Bitcoin price continued to remain below the $35,000-mark even on Wednesday. The world’s largest cryptocurrency has seen a drastic drop in its value and overall

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YouTube takes down Xinjiang videos, forcing rights group to seek alternative
July 13, 2021July 9, 2021 musimaticnet

YouTube takes down Xinjiang videos, forcing rights group to seek alternative

Business

A human rights group that attracted millions of views on YouTube to testimonies from people who say their families have disappeared in China’s Xinjiang region

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U.S. consumer sentiment rises as wealthy households improve outlook
July 12, 2021July 9, 2021 musimaticnet

U.S. consumer sentiment rises as wealthy households improve outlook

Business

U.S. consumer sentiment ticked up in June, driven by an improving economic outlook among affluent households, a survey released on Friday showed. The University of

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Amazon’s AWS buys message encrypting service Wickr
July 11, 2021July 9, 2021 musimaticnet

Amazon’s AWS buys message encrypting service Wickr

Business

Amazon.com Inc’s (AMZN.O) cloud computing unit has bought encrypted messaging platform Wickr to enable secure communication as employees largely work from home, the company said

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Fed’s Rosengren says possible conditions for rate increase could be met next year
July 10, 2021July 9, 2021 musimaticnet

Fed’s Rosengren says possible conditions for rate increase could be met next year

Business

It is possible the U.S. economy could reach the conditions on maximum employment and inflation that would merit an interest rate increase next year, but

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GlaxoSmithKline taps Goldman, Citi to advise on consumer unit spinoff
July 9, 2021 musimaticnet

GlaxoSmithKline taps Goldman, Citi to advise on consumer unit spinoff

Business

GlaxoSmithKline Plc (GSK.L) has hired two banks to help advise it on listing its consumer unit next year and on defense against a potential activist

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