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Business News

Location American Business News for 25 July 2023
Maybe you don't use paper checks for most things, but even using them occasionally can make you vulnerable. Here's how to keep yourself safe from check fraud.
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Genpact aims to empower business teams with generative AI use cases, enhancing employee productivity, operational efficiency and agility.
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Old National Bank thanks employees for dedication in shooting's aftermath During the company's second-quarter earnings call, CEO Jim Ryan acknowledged employees' "resiliency and their commitment to supporting one another" after a gunman opened fire on a Louisville, Kentucky, branch in April.
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Ken Griffin's Citadel Securities logs 35% plunge in first-half revenue as low market volatility reduces trading opportunities Citadel Securities has seen a sharp drop in revenue as falling financial-market volatility reduces opportunities to profit from outsized price fluctuations.
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From friends to deal partners: Atlantic Union to buy American National The $417 million agreement would give Richmond, Virginia-based Atlantic Union Bankshares "the critical mass" it needs in its home state and neighboring North Carolina, according to CEO John Asbury. He and his counterpart...
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Liam Herbst, NFT Analyst, on the Current NFT Market and the Future of NFTs | Ep. 250 In an exclusive interview with cryptonews.com, Liam Herbst, NFT Analyst, talks about why the term "NFT" must die before there's another NFT bull run, the long term bull case for NFTs, and why ETH will outperform virtuall...
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3 Ways Our Brains Undermine Our Ability to Be a Good Leader

Harvard Business Review - 25 Jul 2023 14:15
Understanding the science of what’s going on can help us counteract these self-sabotaging tendencies.
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I'm a former senior leader at Amazon. There's a secret reason you're not getting promoted and it has to do with 'calibration meetings' happening behind closed doors. Brandon Southern says understanding what goes on in these meetings between managers and leadership is key to increasing your chances of a promotion.
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Top Lawmaker Suggests China and Russia's CBDCs Are 'Compatible' A leading Russian lawmaker says China and Russia's CBDCs may be "compatible" and could be used to make international payments between the nations. Per RBC, the comments were made by Anatoly Aksakov, a member of the State...
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Bitcoin Price Prediction as Federal Interest Rate Decision Approaches - Has Bitcoin Bottomed Already? With the upcoming Federal Open Market Committee (FOMC) meeting scheduled for Wednesday, market participants are eagerly awaiting the outcome and its potential impact on various financial assets, including Bitcoin. As the...
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An Etsy seller shares her journey from making $55,000 as an email marketer to bringing in $340,000 in revenue last year from custom tumbler designs.
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JP Morgan faces fresh accusations over ties to Jeffrey Epstein US Virgin Islands accuses executives of ignoring Epstein 'nymphettes' while bank says territory 'looked the other way' The US Virgin Islands unveiled new accusations against JP Morgan over the bank's ties to former clien...
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TikTok is Launching U.S. E-Commerce Business

Wall Street Journal - 25 Jul 2023 13:38
TikTok is Launching U.S. E-Commerce Business Video-sharing platform TikTok wants to replicate the success of popular China-founded shopping platforms Shein and Temu.
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Forced Labor May Be Common In The U.S. Food Chain, New Study Says Many of the people who pick, prepare and process food in the U.S. may have been forced to do so, a new study published Monday in the journal Nature reports--revealing that forced labor may be happening within our borders...
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Nurses union at Ludeman Center in Park Forest fights for a new contract to address unsafe work conditions The union and the state are negotiating over a new contract for nurses at the Elisabeth Ludeman Developmental Center in Park Forest after the previous contract expired June 30, 2023.
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Microsoft's big bet on AI is paying off

Fast Company - 25 Jul 2023 20:09
Microsoft's big bet on AI is paying off The tech giant reported more than $20 billion in quarterly profit as CEO Satya Nadella said it is focused on “leading the new AI platform shift.” REDMOND, Wash. (AP) — Microsoft on Tuesday reported fiscal fourth-qu...
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JPMorgan executives rejected request from in-house human trafficking experts to sever ties with 'that scum Epstein' Members of the bank's human trafficking initiative were concerned that doing business with Epstein would undermine its efforts to combat sex crimes.
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Putin 'just hid' during Wagner's mutiny, proving he can't guarantee 'security' for Russia, a former Russian colonel says Putin didn't give local authorities or the Kremlin any guidance during Prigozhin's uprising, leaving leadership in chaos, The Washington Post reports.
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In Defense Of Polygamous Reward Programs: Lessons From Gap, Ulta & More There are millions of retail reward programs in the U.S., and most of them are journeying alone. Would some be more complete by partnering? The case for "poly-reward" programs is strong in countries where multi-partner l...
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Amid War, Ukrainian Couples Are Divorcing

The New York Times - 25 Jul 2023 17:00
Amid War, Ukrainian Couples Are Divorcing The conflict in Ukraine has split apart millions of families. The story of Andrii Shapovalov and Tetiana Shapovalova reveals how a couple's bond can become a casualty.
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Biogen to Cut Roughly 11% of Workforce

Wall Street Journal - 25 Jul 2023 15:26
Biogen to Cut Roughly 11% of Workforce The biotech company cited the launch of Alzheimer's drug Leqembi as part of its new focus on big-return products.
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Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia The Brazilian miner is close to completing the deal with Saudi Arabia's sovereign-wealth fund and a Saudi mining company.
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