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Business News

Location American Business News for 16 March 2023
Anheuser-Busch InBev Is Only Brand to Win Cannes Lions Creative Marketer for Second Year in a Row Cannes Lions has named Anheuser-Busch InBev (AB InBev) as Creative Marketer of the Year for the second consecutive year-the only brand to achieve this in the history of the festival. The award, introduced in 1992, honors...
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Biden Administration Threatens To Ban TikTok Unless Chinese Owners Sell Platform Federal regulators are ramping up the pressure on TikTok amid national security concerns.
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More Students Are Turning Away From College and Toward Apprenticeships Some white-collar training programs have become as selective as Ivy League universities.
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The Graph's GRT Rallies 15% Amid AI Token Surge

Coin Desk - 16 Mar 2023 22:04
The Graph's GRT Rallies 15% Amid AI Token Surge Other AI-related tokens also surged on Thursday with decentralized AI marketplace, SingularityNET rising 15%.
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Baidu's ChatGPT Rival Ernie Bot Didn't Go Live at Its Launch Party Chinese search giant Baidu sought to wow an in-person and online audience by introducing its AI-powered chatbot, Ernie Bot. The only thing missing was a live demo.
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The Swiss bank is also offering dollar and Euro-denominated cash tenders for senior debt securities up to a total of $3 billion.
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How Goldman Sachs's Plan to Shore Up SVB Crumbled

Wall Street Journal - 16 Mar 2023 02:00
How Goldman Sachs's Plan to Shore Up SVB Crumbled The plan had a fatal flaw: It underestimated the danger that a deluge of bad news could spark a crisis of confidence.
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Dozens of Senate Republicans oppose overturning the law that made the disastrous 2003 Iraq invasion possible 27 GOP senators voted Thursday against opening debate on a bill repealing the decades-old authorizations for the use of military force against Iraq.
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Thursday's top personal finance stories.
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Microsoft Can't Afford Turbulence From New Copilot

Wall Street Journal - 16 Mar 2023 20:05
New AI software could revolutionize Office apps, but stakes are much higher.
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A deal between First Republic and a handful of big US banks could include a sizable capital infusion, but talks were ongoing, the WSJ reported.
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Majbritt Rayas sees the $14,000 ADU as a long-term investment. After Daniel, 20, moves out of the tiny home, she plans to rent it out on Airbnb.
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Live Updates: Europe's Central Bank Says Rates Had to Rise Despite Uncertainty The European Central Bank raised interest rates by half a point, as fears of inflation overcame worries about banks. U.S. stocks fell, but shares of Credit Suisse soared after it announced a lifeline.
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Can Your Money Pass a Stress Test? Lessons From SVB's Collapse

Wall Street Journal - 16 Mar 2023 16:00
Financial advisers say it pays to prepare for the worst-case scenario.
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Credit Suisse Shares Jump As Banking Backstops Go Global

The New York Times - 16 Mar 2023 14:51
Credit Suisse Shares Jump As Banking Backstops Go Global Credit Suisse secured a $54 billion lifeline from Switzerland's central bank a day after the lender's share price hit a record low.
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TikTok threatened with US ban if Chinese owners don't sell stakes Lawmakers from both parties have warned TikTok is a national security risk.
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U.S., Taiwan Move Closer to Trade, Investment Agreement

Wall Street Journal - 16 Mar 2023 14:29
U.S., Taiwan Move Closer to Trade, Investment Agreement Both sides signaled progress in talks for a bilateral trade and investment initiative amid heightened tensions between Washington and Beijing.
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10 Tips For Improving Your Brand Recognition And Your Follower Count With Live Video Live video can help you boost your brand recognition among new viewers, but to do so, you'll need to focus on how to make your live videos interesting and engaging.
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FTX fiasco set back the approval of Bitcoin spot ETFs: Valkyrie investment chief The chief investment officer at Valkyrie Investments, Steven McClurg, explains how firms are working around a challenging regulatory environment to bring Bitcoin spot ETFs to the U.S. market.
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Would Acquisition Of Russian S-400 Missiles Give Iran A Game-Changing Capability? 'S-400s and Su-35s would, if used by well-trained crews and integrated into a professionalized air defense system, create more complications for Israeli/U.S. military campaigns against Iran'
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FIFA President Urges Broadcasters To Help Achieve Equal Pay In Men's And Women's World Cups On the day he was re-elected unopposed as FIFA President until 2023, Gianni Infantino launched an attack on the world's broadcasters for not making reasonable financial offers to show matches at the Women's World Cup thi...
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Shoppers say the coveted pie, which weighs nearly five pounds, is hard to find. People have turned to Facebook fan groups to ask where it's available.
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