Business Contents Archive

As the US housing market slows from a pandemic-era frenzy, the San Francisco area stands to be among the hardest-hit places. ⁣ ⁣ Higher mortgage rates are driving up the cost of ownership and fewer people are willing or able to pay a premium for living in the country’s most expensive region for housing. And the area’s wealth economy is shuddering under the weight of tech-industry layoffs, falling stock prices and plunging cryptocurrencies.⁣ ⁣ The real estate market is already taking a hit: San Francisco was the only major US city where home prices fell in June, according to Redfin. Read more at the link in our bio.

Ark CEO Cathie Wood says the US is in a recession. Here’s her reasoning.

Twitter co-founder Jack Dorsey tweeted “end the CCP,” ostensibly referring to China’s Communist Party, while quoting a CNN report about the rigorous testing and app-based contact tracing implemented by Beijing. He didn’t elaborate on his reasoning. Chinese officials regularly use Twitter to disseminate their message to the outside world, even though it is banned within their own country. The company has battled state-backed misinformation operations linked to China, and in 2020 it removed more than 170,000 bot accounts for “spreading geopolitical narratives favorable to the Communist Party.” Dorsey relinquished his position as CEO in November. Tap the link in bio for the full story. 📷: Marco Bello/AFP/Getty Images

Iranian Shi'ite Muslim women take part in a mourning ritual ahead of Ashura, the holiest day on the Shi'ite Muslim calendar, in Tehran, Iran, August 7, 2022. 📷 Majid Asgaripour/West Asia News Agency #wana #reuters #reutersphotos #muslims #religion

BATTING A THOUSAND: Yes, that legendary agreement is worth big bucks. Link in bio.

Commonwealth Games 2022 | Lakshya Sen Wins Badminton Men’s Singles Gold, Beats Tze Yong in a Pulsating Final. #commonwealthgames #cwg2022 #cwg

We're thrilled to welcome D-Wave Systems into the #NYSECommunity today 🏛 "As the practical quantum computing company, our mission is to unlock the power of quantum computing today to benefit business and society." Stay tuned as they ring the Opening Bell! 🔔

Elon Musk thinks passive investing has “gone too far.” Cathie Wood called it a “massive misallocation of capital.” The advent of passive ETFs provided an easy, cheap way for investors to get exposure to an index like the S&P 500. Today, passive’s share of the $13.8 trillion US domestic equity-fund market is approaching 58%. Index investing tends to outperform actively managed funds over the long term — however, that can change when stocks are volatile. With the markets in turmoil, should investors who have long embraced the “set it and forget it” strategy of putting money into index funds reconsider? And what’s the best approach for those with new money to invest? Find out what experts say at the link in bio.

On 7th August, the Indian Space Research Organisation's maiden SSLV mission failed. It was a challenging day for Isro with the mission running into rough weather. After a few hours of the launch from Sriharikota, the newly developed SSLV suffered data loss and the satellites were no longer usable. Watch the video to know what went wrong. #isro #sslv #space #satellite #sriharikota

DESPERATE FOR CA$H: The 'Pawn Stars' celebrity noted that as prices of gas, food and rent continue to rise, many people today are pawning items just to make ends meet. Link in bio.

Qantas needs executives to leave their jobs for three months and haul luggage full-time to address a stubborn labor shortage that’s disrupting flights. The airline is looking for at least 100 volunteers to carry out shift work at Sydney and Melbourne airports. Tasks include loading and unloading luggage, as well as driving the vehicles that take bags to planes and between terminals. Applicants must be able to move suitcases weighing as much as 32 kilograms (70 pounds). Tap the link in our bio for more.

Tata Passenger Electric Mobility Ltd (TPEML), a Tata Motors subsidiary has bought the Ford India’s manufacturing plant situated at Sanand, Gujarat, including entire land and buildings, vehicle manufacturing plant along with machinery and equipment for a consideration of Rs 725.7 crore, Tata Motors said in a late night notification to the stock exchanges. The two companies signed a unit transfer agreement (UTA) for the same on Sunday. As part of the agreement all the eligible employees at the unit will be transferred to Tata Motors. #TataMotors #ford #EVs #EVmanufacturing #tata

BACK IN BUSINESS: All locations will be ready just in time for the holiday shopping season. Link in bio.

In a bid to manage costs efficiently, State Bank of India (SBI), the country’s largest lender, will soon start a subsidiary that will look into human resources (HR)-related issues. #sbi #bankofindia #statebank

RIDIN' ON THE SPACE JUNK: Modernizing in-space servicing, assembly and manufacturing can help add jobs on Earth. Link in bio.