24 top business headlines on Thu Nov 17, 2022

1. Global National: Nov. 17, 2022 | FTX crypto exchange collapses hard and fast - Global News

   

   YouTube (November 17, 2022, 9:30 pm) - The cryptocurrency industry — and the institutions and investors with billions wrapped up in it — are still coming to terms with the fallout from the collaps... Read more

2. Elon Musk: Twitter closes offices until next week - BBC

   

   BBC News (November 17, 2022, 9:22 pm) - It comes amid reports that large numbers of staff have resigned from the social media platform. Read more

3. Asia shares cautious, bonds edgy after Fed warnings - Reuters

   

   Reuters (November 17, 2022, 9:09 pm) - Asian shares were in a cautious mood on Friday after U.S. Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty. Read more

4. Australia's Nitro blocks Potentia's access to books without better offer - Reuters

   

   Reuters (November 17, 2022, 8:53 pm) - Australia's Nitro Software Ltd (NTO.AX) said on Friday it would not allow its largest shareholder and suitor Potentia Capital access to its books without making a superior bid that could t… Read more

5. After Elon Musk's ultimatum, Twitter employees start exiting - Reuters

   

   Reuters (November 17, 2022, 8:47 pm) - Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at high intensity," or leave. Read more

6. FDA approves first treatment to delay onset of type 1 diabetes - CNN

   

   CNN (November 17, 2022, 8:45 pm) - A biologic therapy that delays the onset of type 1 diabetes received approval from the US Food and Drug Administration on Thursday. Read more

7. Stock Market Today: Top 10 things to know before the market opens today - Moneycontrol

   

   Moneycontrol (November 17, 2022, 8:41 pm) - Stock Market News: Trends in the SGX Nifty indicate a positive opening for the broader index in India with a gain of 42 points on Friday despite mixed vibes from peer markets around the world. Volatility reigns high in the market with clear signs of indecisiv… Read more

8. The five ASX stocks professional investors have been buying - The Australian Financial Review

   

   Australian Financial Review (November 17, 2022, 8:22 pm) - ClearLife Capital's David Moberley and QVG Capital's Josh Clark give their analysis of five stocks professional investors have been hiding within in recent months. Read more

9. Bahamas regulator says it assumed control of digital assets of FTX - Reuters

   

   Reuters (November 17, 2022, 8:14 pm) - The Securities Commission of The Bahamas said on Thursday it has ordered all digital assets of FTX Digital Markets Ltd (FDM) transferred to a digital wallet controlled by the Commission for safekeeping. Read more

10. Real reason crew check boarding passes - news.com.au

    

    News.com.au (November 17, 2022, 8:07 pm) -

    An Aussie flight attendant has lifted the lid on what airline staff are really looking for when checking boarding passes of passengers before they take their seats.

    Read more

11. Musk on 'all-time high usage' amid Twitter exodus reports over new ultimatum - Hindustan Times

    

    Hindustan Times (November 17, 2022, 8:00 pm) - Twitter has been in deep turmoil ever since the $44 billion takeover was announced earlier this year.  | World News Read more

12. $50m house listing looking to smash Northern Beaches record - Sydney Morning Herald

    

    The Sydney Morning Herald (November 17, 2022, 7:59 pm) - The Northern Beaches house price high stands at $27.5 million, but builder Robert Yazbek is hoping to almost double that. Read more

13. Hundreds of Twitter employees set to leave, offices close after Musk's ultimatum - National | Globalnews.ca - Global News

    

    Global News (November 17, 2022, 7:55 pm) - The company's workforce appeared to be shrinking further a day after new owner Elon Musk told staffers to sign up for "long hours at high intensity" or leave. Read more

14. After Elon Musk's ultimatum, Twitter employees start exiting - CNA

    

    CNA (November 17, 2022, 7:41 pm) - Hundreds of Twitter employees are estimated to be leaving the beleaguered social media company following an ultimatum from new owner Elon Musk that staffers sign up for "long hours at hig Read more

15. 12 largecap stocks including an auto ancillary with EV focus have upside potential of more than 25% - Economic Times

    

    The Times of India (November 17, 2022, 7:31 pm) - ET screener powered by Refinitiv's Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of "buy" or strong buy . The screener applies different algorithms for all BSE and NSE … Read more

16. Non-profit organization helps 2SLGBTQ+ folks find their style - CityNews

    

    YouTube (November 17, 2022, 7:15 pm) - Transforming Style is a non-profit organization that offers cost-free fashion, styling and beauty services to members of the 2SLGBTQ+ community. @swiddarassy... Read more

17. Fed to lift rates by 50 basis points, but peak policy rate may be higher - Reuters

    

    Reuters (November 17, 2022, 7:12 pm) - The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike, but economists polled by Reuters say a longer period of U.S. central bank tightening and a higher policy rate peak are the greatest risks to the current outlook. Read more

18. Here's Why You Need to Watch Aptos Closely During This 14% Rally: Crypto Market Review, Nov. 17 - U.Today

    

    U.Today (November 17, 2022, 7:03 pm) - Despite problematic start, Aptos is showing some signs of recovery on market Read more

19. Dow futures fall slightly as investors assess the prospect of higher interest rates - CNBC

    

    CNBC (November 17, 2022, 7:01 pm) - Investors assessed new earnings reports and speeches from central bank speakers. Read more

20. December Royal Mail strike action to include Christmas Eve - The Guardian

    

    The Guardian (November 17, 2022, 7:00 pm) - CWU postal workers to stage walkouts on six more days next month, with a strike by nurses also possible Read more

21. Top TikTok Moderator Exits "Highly Egregious Part" Of Content Moderation Business Over Investor Outcry - Forbes

    

    Forbes (November 17, 2022, 6:54 pm) - Teleperformance, a third-party content moderator for TikTok and other social media giants, is partially leaving the space because of pressure from investors. Read more

22. 9 Hot-Button HR Issues Every Small Business Needs To Work On For 2023 - Forbes

    

    Forbes (November 17, 2022, 6:45 pm) - Whether 2023 is a good or rough year for your business may depend on what you do with the challenges left over from 2022. Read more

23. Maryland PIRG Foundation finds recalled and counterfeit toys major threat to children - WJZ

    

    YouTube (November 17, 2022, 6:40 pm) - Maryland PIRG Foundation finds recalled and counterfeit toys major threat to children Read more

24. Zino: Alphabet will likely bottom next year before seeing a reacceleration in growth - CNBC Television

    

    YouTube (November 17, 2022, 6:32 pm) - Angelo Zino, Senior Equity Analyst at CFRA, joins Worldwide Exchange to discuss Alphabet's Q3 earnings. Read more