Questions and Answers about
Business
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in BusinessWhich tech giant is buying the primary care organization One Medical?
Answer: Amazon announced on July 21, 2022, that it would acquire the primary care organization One Medical in a deal valued at $3.9 billion. The purchase is Amazon’s third-biggest acquisition, following its $13.7 billion deal to buy Whole Foods in 2017 and its $8.5 billion purchase of MGM studios earlier this year.
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in BusinessGeoffrey giraffe is whose mascot?
Answer: Geoffrey, the giraffe, is Toys”R”Us’s mascot. The toy brand went out of business in 2018 following a bankruptcy
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in BusinessWhat does the Apple Pay Later service allow?
Answer: Apple Pay Later, built into the Apple Wallet in IOS 16, allows users in the US to split the cost of an Apple Pay purchase into four equal payments spread over six weeks, with no interest and fees. Apple Pay Later is available everywhere Apple Pay is accepted – online or in-app. The service,…
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in BusinessWhich country is home to Assassin’s Creed maker Ubisoft?
Answer: Ubisoft Entertainment is France’s biggest video games developer. It’s headquartered in the suburbs of Paris, with development studios worldwide. Ubisoft’s franchises include “Assassin’s Creed,” “Prince of Persia,” and “Tom Clancy’s.” China’s largest social network and gaming firm Tencent raised its stake in Ubisoft Entertainment on Sept. 7, 2022, in a deal that values the…
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in BusinessHistorically, what was the euro’s lowest rate against the dollar?
Answer: Euro fell below 99 US Cents for the first time in two decades on Aug. 9, 2022. The euro’s all-time high of $1.18 was achieved shortly after its launch in Jan. 1999, but it then fell to a record low of 82.30 cents in October 2000. The last time the euro was valued below…
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in BusinessWhich company’s CEO was paid highest in 2021?
Answer: Expedia Group CEO Peter Kern, who earned $296.2 million last year, tops the Associated Press and Equilar’s list of top-paid male and female CEOs in 2021, published on May 26, 2022. Expedia Group is an online travel company that operates Expedia.com, Vrbo (previously HomeAway), Hotels.com, Hotwire.com, Orbitz, Travelocity, trivago, and CarRentals.com._x000D_
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in BusinessWho’s Twitter’s largest shareholder?
Answer: On Apr. 4, 2022, an SEC filing revealed that Elon Musk, the billionaire chief executive of Tesla and SpaceX and the world’s wealthiest person, had purchased a 9.2 percent stake in Twitter. Twitter will now have Musk as its largest shareholder, ahead of Vanguard, which owns 8.8 percent, and Jack Dorsey, Twitter’s former chief…
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in BusinessWho’s the world’s largest diamond producer?
Answer: In 2020, Russia’s state-owned ALROSA Group produced approximately 30 million carats of diamonds, making it the world’s largest diamond producer._x000D_
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in BusinessWhere is Stolichnaya (Stoli) vodka produced?
Answer: Stolichnaya (Stoli) vodka has long been marketed as Russian vodka, but its production facilities have been in Latvia since 2000, when its founder, Russian-born billionaire Yuri Shefler, was exiled because of his opposition to Putin. On March 4, 2022, the maker of Stolichnaya vodka announced a major rebrand – it will no longer be…
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in BusinessAs of Feb. 16, 2022, what’s ViacomCBS’s new name?
Answer: ViacomCBS Inc announced it’s changing its name to Paramount. The media conglomerate that owns CBS, Showtime, MTV, Comedy Central, BET, Nickelodeon, Smithsonian, Paramount Pictures, Paramount+, Pluto TV, and more announced the change during a presentation of its streaming strategy on Feb. 15, 2022.
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in BusinessWho are the “patriotic millionaires”?
Answer: A group of 102 millionaires and billionaires, who brand themselves as “patriotic millionaires,” signed a letter on Jan. 19, 2022, calling for “permanent wealth taxes on the richest to help reduce extreme inequality and raise revenue for sustained, long-term increases in public services like healthcare.”
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in BusinessWhich company owns Candy Crush and Call of Duty?
Answer: Microsoft announced on Jan. 18, 2022, it is buying “Call of Duty” and “Candy Crush” maker Activision Blizzard for $68.7 billion – the biggest gaming industry deal in history. The purchase pushes Microsoft past Nintendo as the third-largest video game company by global revenue, behind Sony and Chinese tech giant Tencent.
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in BusinessAir New Zealand is the first airline to offer what?
Answer: Air New Zealand is the first airline worldwide to offer economy passengers bunk bed-style sleeping pods on its 17-hour long-haul flights. The new cabins are set to be installed by 2024. According to the company, premium and regular economy passengers will be able to book four-hour sessions in the sleeping pods at an additional…
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in BusinessWhat’s Apple Inc. estimated market value as of January 2022?
Answer: Apple became the first US company to be valued at over $3 trillion on Jan. 3, 2022. Apple became the world’s first trillion-dollar company in August 2018 and passed $2 trillion in 2020. Apple alone is now more valuable than the combined values of Boeing, Coca-Cola, Disney, Exxon-Mobil, McDonald’s, Netflix, and Walmart. Analysts expect…
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in BusinessAn Orthodox Christian priest, a Hindu activist, a Jewish rabbi, and a Buddhist priest wrote a joint letter to luxury fashion house Louis Vuitton. What were they demanding?
Answer: A group of Christian, Hindu, Buddhist, and Jewish leaders on Dec. 10, 2021, has urged LVMH to stop using animal fur in its clothing and other products. The group includes Orthodox Christian priest Stephen Karcher, Hindu activist Rajan Zed, Jewish rabbi Elizabeth Webb Beyer, and Buddhist priest Matthew Fisher.
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in BusinessWho is Time Magazine’s Person of the Year 2021?
Answer: Time magazine has named Tesla CEO Elon Musk as its Person of the Year for 2021. Musk, the founder and CEO of the space exploration company SpaceX, recently passed Amazon founder Jeff Bezos as the world’s wealthiest person.
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in BusinessWhat’s the Kronos software?
Answer: Kronos is a popular payroll and timesheet software for managing a company’s workforce. Ultimate Kronos Group has been hit by a ransomware attack that’s limping its clients’ access to processing payroll, handling timesheets, and managing their workforce. In a blog post on Dec. 12, 2021, the company wrote that the issue might ;likely; require…
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in BusinessOil companies like Exxon, Chevron, Shell, and BP saw what in 2021?
Answer: The largest oil and gas companies, including Exxon, Chevron, Shell, and BP, made a combined $174bn in profits in the first nine months of 2021, as gasoline prices climbed in the US, according to a new report provided exclusively to the Guardian. More answers inside!
