25 top business headlines on Fri Nov 11, 2022

byWebmaster -8:50 PM

China: Singles Day shopping fest sales ends low; Covid curbs likely to hit profit margins | WION - WION
YouTube (November 11, 2022, 9:31 pm) - For the first time, since the start of the annual Singles Day shopping festival in 2009, the Alibaba group has not disclosed the final sales tally. They ment... Read more
Phoenix still topping inflation charts. Here's how it's affecting holiday plans - 12 News
YouTube (November 11, 2022, 9:06 pm) - While the inflation rate did improve slightly in the Phoenix metro area, people are still struggling with affordability. Read more
What's next for crypto as FTX collapse triggers 'Lehman moment'? - CNN
CNN (November 11, 2022, 8:20 pm) - The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people who own cryptocurrencies as investors run for cover. Read more
How Technology, In Terms Of An Investing, Would Do In The Next 10 Years? Here's What Ray Dalio Tells - India Today
YouTube (November 11, 2022, 8:09 pm) - watch the exclusive interview of Ray Dalio, Founder of the world's biggest hedge fund Bridgewater Associates, as he shares his views on the global economy, i... Read more
Crypto exchange FTX files for bankruptcy - CBS Evening News
YouTube (November 11, 2022, 8:01 pm) - The cryptocurrency world is reeling after the meltdown of one of its most popular trading platforms. The exchange FTX filed for bankruptcy protection as fall... Read more
Crypto darling FTX files for bankruptcy as wunderkind CEO exits - Sydney Morning Herald
The Sydney Morning Herald (November 11, 2022, 7:52 pm) - "I'm really sorry, again, that we ended up here," founder Sam Bankman-Fried said in a series of tweets. Read more
It's Time for a Pivot - Bloomberg Markets and Finance
YouTube (November 11, 2022, 7:49 pm) - Glenn Hubbard, Dean Emeritus of the Columbia Business School weighs in on the future of US economic policy. --------Follow Bloomberg for business news & anal... Read more
Pharmaceutical giant Eli Lilly & Co apologises after fake Twitter account says insulin is free as Elon Musk rolls back verification - ABC News
ABC News (AU) (November 11, 2022, 7:45 pm) - The incident is among a wave of impersonations that prompted Twitter to make its relaunched premium service unavailable. Read more
Cramer on cloud computing stocks' run on Thursday - CNBC Television
YouTube (November 11, 2022, 7:26 pm) - Cramer explained why investors now have a chance to sell unprofitable cloud computing stocks. Read more
Australia's biggest cane region Mackay turns sugar into silver at Australian Rum Awards - ABC News
ABC News (AU) (November 11, 2022, 7:25 pm) - It's no surprise that the sugar capital of Australia is the perfect place to make canegrowers' cordial, a rum that can rival Bundaberg. Read more
Wall St Week Ahead Soaring U.S. tech stocks leave some investors doubtful rebound will last - Reuters
Reuters (November 11, 2022, 7:15 pm) - Hopes that inflation is subsiding are fueling a surge in battered technology and megacap stocks, though some investors believe still-high valuations and doubts over the companies' earnings outlooks may make a sustained reversal elusive. Read more
Disney Details Plans for Cost Cuts, Layoffs and Hiring Freeze in Memo - The Wall Street Journal
The Wall Street Journal (November 11, 2022, 7:07 pm) - Plans include a review of spending at all divisions and follows large losses in its streaming business Read more
Cosmetics Mogul Bobbi Brown's Story Of Resilience | Forbes - Forbes
YouTube (November 11, 2022, 7:00 pm) - Read the full story on Forbes: https://www.forbes.com/50over50/Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1Stay ConnectedForbe... Read more
Jim Cramer says to hold on to these 3 cloud stocks and sell the rest - CNBC
CNBC (November 11, 2022, 6:53 pm) - To come up with his list of stocks, Cramer first looked at the WisdomTree Cloud Computing Fund, an ETF that soared over 13% on Thursday. Read more
'Like a 1930s Dictator': Vitalik Buterin Lays Into Sam Bankman-Fried and FTX - Decrypt
Decrypt (November 11, 2022, 6:51 pm) - FTX's ignominious collapse was inevitable, Ethereum co-founder Vitalik Buterin said at LaBitConf Friday. Read more
Princess Cruises Black Friday Sale Offers Significant Savings on 2022 and 2023 Cruises to Destinations Worldwide - PR Newswire
PRNewswire (November 11, 2022, 6:26 pm) - /PRNewswire/ -- For cruisers looking for a last-minute holiday vacation, or planning their spring or summer adventures, the Black Friday Sale from Princess... Read more
Which retail stocks, economic data is due out next week - Yahoo Finance
YouTube (November 11, 2022, 6:24 pm) - #retail #retailstocks #yahoofinance Yahoo Finance Live's Rachelle Akuffo reports on what to watch for in earnings and economic data next week.Don't Miss: Val... Read more
China eases COVID-19 restrictions - Yahoo Finance
YouTube (November 11, 2022, 6:22 pm) - #China #COVID-19 #yahoofinance Yahoo Finance's Anjalee Khemlani joins the Live show to discuss the easing of China's COVID-19 restrictions.Don't Miss: Valley... Read more
Activate CEO: 2D Is the Future of Metaverse Investment - Bloomberg Technology
YouTube (November 11, 2022, 6:20 pm) - Activate Founder and CEO Michael Wolf joins Caroline Hyde to discuss the recent wave of tech layoffs, why the video-game industry is the future of sustained ... Read more
Wild new options at 'boujee' supermarket - news.com.au
News.com.au (November 11, 2022, 6:19 pm) -
One of Australia's supermarkets, that was dubbed "the most boujee" when it first opened, has welcomed a handful of new additions to the fold.
Read more
Why Brands Are Pulling Away From Twitter - Bloomberg Technology
YouTube (November 11, 2022, 6:18 pm) - MikMak Founder and CEO Rachel Tipograph joins Caroline Hyde to discuss why brands are being cautious of any negative association with Twitter and holding bac... Read more
Cramer's week ahead: The market needs weak retail sales data to stay strong - CNBC
CNBC (November 11, 2022, 6:16 pm) - Earnings reports from the country's biggest retailers take center stage next week, as does retail sales data for October. Read more
Rottnest Island accommodation booking system to get overhaul amid school holiday online frenzy - ABC News
ABC News (AU) (November 11, 2022, 6:13 pm) - Nerves of steel, multiple online devices and impeccable timing are what's needed to snare school holiday accommodation on Rottnest Island. But looming changes may make the nerve-wracking process more streamlined. Read more
Eli Lilly loses billions in market cap after 'verified' Twitter impostor promises free insulin - Toronto Star
Toronto Star (November 11, 2022, 6:10 pm) - Twitter Blue sign-ups have reportedly been suspended after the pharmaceutical company took a dive in the stock market Friday. Read more
Good Food Guide 2023: Meet Victoria's Restaurant of the Year finalists - Good Food
Goodfood.com.au (November 11, 2022, 6:10 pm) - These are the boundary-pushers and thought-leaders, spanning old-school European hospitality, sustainable dining and next-gen Australian cooking. Read more