U.S. small business sentiment falls in October -NFIB – Reuters
1285 viewsU.S. small-business confidence edged down in October as stubbornly high inflation weighed on sentiment and more owners forecast a deteriorating outlook for the economy, a survey showed on Tuesday.
Henkel raises 2022 forecasts thanks to flourishing adhesives business – Reuters
1428 viewsGermany's Henkel on Tuesday increased its full-year sales and profit guidance after reporting a 17% sales increase to 5.98 billion euros ($5.98 billion) in the third quarter, which was helped…
A recession in the US is not a slam dunk, Goldman Sachs says
1911 viewsWhile investors, business leaders and some economic models continue to warn a recession is imminent, Wall Street's most powerful investment bank remains cautiously optimistic.
Elon Musk’s Reckless Plan to Make Sex Pay on Twitter
1946 viewsA plan to monetize adult content could make sense from a business and social standpoint. In practice, Twitter won't be able to pull it off.
Feds charge former MoviePass execs with securities and wire fraud
179 viewsThe former executives in charge of MoviePass have been indicted in what the Justice Department calls "a scheme to defraud investors." Ex-MoviePass CEO J. Mitchell Lowe and Theodore Farnsworth, who…
The execs behind the MoviePass debacle are now facing criminal charges
1836 viewsWhen MoviePass launched its $9.95 “unlimited” movie plan a few years ago, execs claimed they could use “big data analytics” and AI to turn it into a profitable business; now…