Big banks look for post-pandemic rebound of credit card revenue
Big U.S. banks are prepared for credit-card balances to start ticking up again this year as pandemic restrictions ease and stimulus checks stop arriving, setting up the industry for a bump in one of its most profitable businesses.
Emirates warns Boeing it will refuse 777x jets if they don’t meet commitments
The head of Emirates airline, one of Boeing’s biggest customers, has warned the U.S. planemaker that it would refuse delivery of 777x jets if they fall short of contractual performance commitments.
U.S. pot sellers stash cash as banks leave them high and dry
The U.S. cannabis business has a very particular cashflow problem — too much of it.
SHARES WARY ON U.S. INFLATION, BATTERED BITCOIN CHARTS RECOVERY
Asian shares got off to a cautious start on Monday as investors anxiously awaited a key read on U.S. inflation this week for guidance on monetary policy, while Bitcoin took a hammering after China cracked down on mining and trading of the cryptocurrency.
Shares wary on U.S. inflation, battered bitcoin charts recovery
Stocks struggled for momentum on Monday as investors awaited key U.S. inflation readings for guidance on monetary policy, while bitcoin rebounded from its hammering on news of China’s clampdown on mining and trading of cryptocurrencies.
G20 health summit looks to boost vaccine access, drugmakers to offer cut-price shots
Leaders of the world’s largest economies kicked off a global health summit on Friday, where drugmakers were expected to promise cut-price supplies of vaccines for poorer nations to help end the COVID-19 pandemic.
Oil drillers and Bitcoin miners bond over natural gas
On U.S. oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads to capture natural gas and convert it on the spot into electricity.
Will bankers embrace sensors under their desks when they return to work?
Reservation systems for seats. Algorithms that say whether a location is crowded or not. Cameras to show what’s happening in real-time. Trackers that let others know you are there.
Analysis: How the post-pandemic labor crunch is curbing U.S. manufacturing
A foundry in Indiana couldn’t ship $1.6 million worth of metal parts to customers last month because it didn’t have enough workers to make them, while a Massachusetts plastics factory has outsourced nearly a quarter of its business to subcontractors to keep up with orders it otherwise couldn’t fill.
As Iran eyes end of oil export sanctions, will former Asia clients buy?
As Iran gears up to resume oil exports once the United States lifts trade sanctions, former key clients in Japan, South Korea and Taiwan say they’ll wait for the U.S. green light before investigating terms under which they might buy Iran’s oil again.
