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Business News

Location American Business News for 4 Dec 2024

Glossier's new CEO saidKyle Leahy, the new CEO of the cult beauty brand Glossier, said that listening to customers on key issues helped her turn the company around.
Salesforce made clear that Agentfoce, its new AI offering, can kickstart revenue growth in the quarters ahead.
XRP on Fire: Falconx ReportsXRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid,... global head of revenue and business at Falconx, stated: “XRP trading is on fire. We’ve seen 10x growth in volume at Falconx between the first and second halves […]
Elon Musk's Tesla pay-packageWith his whopping pay package still tied up in legal limbo, Tesla Chief Executive Elon Musk could begin to push for the controlling stake he once said he wanted in the electric-vehicle maker.
Children Worked DangerousQvest Sanitation was ordered to pay nearly $172,000 after the Labor Department found it had employed 11 children to clean equipment on overnight shifts at a pork processing plant in Sioux City, Iowa.
Japanese stocks may trade rangebound as uncertainty continues over the pace of the Bank of Japan's rate increases.
South Korea Vows to Crack DownSouth Korea’s financial regulator says it is taking steps to combat money laundering and other financial crimes involving virtual assets. Virtual Assets and Financial Crime The head of South... Korea‘s financial services industry regulator recently vowed to crack down on those who use virtual assets for money laundering. Speaking at Anti-Money Laundering Day, Kim Byung-hwan, […]

McDonald's E. Coli Outbreak Declared Over

The New York Times - 4 Dec 2024 00:54
McDonald's E. Coli OutbreakFederal health agencies closed their investigations into the bacterial outbreak that sickened 104 people and was linked to onions on the fast-food chain's signature Quarter Pounders.
Intel's CEO exit reignites discussions on splitting off factories, with questions about financial recovery and CHIPS Act funding.
Salesforce earnings may serveSalesforce's stock rises after a revenue beat that could signal healthy spending trends in the industry.
Flying in fog season? Here'sAirlines aren't required to provide free hotel stays or monetary compensation if a flight is delayed for more than 24 hours because of adverse weather or other factors beyond their control, such as... adverse weather.
Accor Plus Hotel LoyaltyCredit cards: The Accor Plus membership offers benefits like a 10% discount on room rates, up to a 50% discount on meals, 50% discount on Red Hot Rooms, exclusive access to members-only events, etc.
Sebi notifies rules on uniformMarkets regulator Sebi has notified rules on nomination allowing nominees to act on behalf of incapacitated investors. Additionally, it notified the rule mandating every participant to provide... beneficial owners with the option to nominate a person to whom their securities will transfer upon their death.
9 essential benefits of creditCredit cards: It offer financial advantages like rewards, usability, and credit history building. While they carry risks such as overspending and high interest, responsible use can protect financial... stability and enhance one's credit score.
How to choose the right creditCredit cards: The right credit card enhances financial health. Assess spending patterns, credit scores, and rewards while ensuring responsible usage. Compare interest rates and fees to maximize... benefits, and choose a card with an easy application process that aligns with financial goals.
Personal loan for travel: IsPersonal loans: Using a personal loan for travel can be tempting, but consider the long-term financial impact. Ensure loan terms fit your budget and borrow responsibly. With proper planning, you can... enjoy your trip without accruing more debt.
India's Apple iPhoneIndia's iPhone manufacturing is booming, projected to rival China's within five years. However, revenue growth is slower. Apple earned $8 billion in India in FY24, a fraction of China's $67 billion.
6 consequences of personalPersonal loans: It offer financial flexibility but carry risks like high interest rates and potential debt accumulation. Responsible borrowing, careful comparison of offers, and understanding terms... are essential to maintain financial stability.
Independent artistes,Many independent artistes in India are unaware of how to collect royalty, especially from new-age digital platforms. Experts highlight the importance of tracking and registration with rights... management organisations to maximise revenue.

Ashok Leyland shares 1.01% as Nifty gains

The Economic Times - 4 Dec 2024 10:36
Ashok Leyland shares 1.01% asThe stock quoted a 52-week high price of Rs 264.70 and low of Rs 157.65.
News24 Business | Tiger BrandsThe owner of brands such as Tastic rice and All Gold tomato sauce says its insurers have warned that its product liability insurance policy will not cover exemplary or punitive damages amid an ongoing... class action lawsuit it faces over a listeriosis outbreak linked to one of its plants.
News24 Business | Super GroupShares of JSE-listed Super Group rallied more than 17% on Wednesday after the logistics, fleet management and vehicle dealer announced a R7.5 billion offer for its listed Australian subsidiary.

United Spirits shares 0.99% as Sensex

The Economic Times - 4 Dec 2024 10:15
United Spirits shares 0.99% asA total of 5,651 shares changed hands on the counter till 01:45PM (IST)
Mint Explainer: Can lawyersThe debate over lawyers moonlighting as journalists raises questions about professional boundaries, ethics, and the evolving nature of dual careers.

Divis Labs shares 0.64% as Nifty

The Economic Times - 4 Dec 2024 10:05
Divis Labs shares 0.64% asA total of 2,625 shares changed hands on the counter till time (IST).