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Business News

Location American Business News for 18 September 2023

Are we heading toward a bank-free payments system?

American Banker - 18 Sep 2023 16:00
Are we heading toward a bank-free payments system? PayPal's new stablecoin offering should be setting off alarms at traditional banks, because it could seriously challenge their dominance in the payments space.
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Netflix to stream Vishal Bhardwaj's 'Khufiya' on 5 October Netflix has finally decided to introduce curbs on password sharing in India, a move aimed at building scale as well as ringing in revenue growth, said media experts.
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Mexico's Airlines Safety Upgrade May Be The Lift Investors Have Been Waiting For Mexico's air safety rating was upgraded from Category 2 back to Category 1 by the Federal Aviation Administration (FAA), the agency announced last week.
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How could a woman as competent as I, with an employment record so stellar, wind up a burden to her children, just like my mom feared for herself?
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Broadway Ticketing Wars Heat Up As Nederlander Nixes Ticketmaster After more than two decades, the Nederlander Organization has decided to part ways with Ticketmaster and launch its own ticketing platform.
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Chevron CEO Mike Wirth warns oil prices may climb to $100 a barrel: 'Supply is tightening' Major producers Saudi Arabia and Russia have extended supply cuts to the fourth quarter, boosting oil prices to the highest level of 2023 on the prospects of a deficit as OPEC+ members continue to curb output.
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Microsoft and Illumio, a leading provider of Zero Trust Segmentation solutions, have recently partnered to offer a new integration that aims to simplify firewall policy management for Azure users.
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This week at the Ray Conference that runs from Sept 18-19 in San Francisco, Robert Nishihara is outlining the success and growth of Ray to date, and revealing what's next.
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Introducing Presearch: The Decentralized Search Engine PRESS RELEASE. La Jolla, California – September 18th, 2023 - Presearch is a revolutionary platform that is changing the way people search the internet. Presearch is a decentralized search engine designed to empower use...
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Top 3 Bullish AI Coins to Watch: Render, Fetch.ai, yPredict Artificial Intelligence (AI) is increasingly being adopted across various industries, with 78% of companies using AI technologies, according to a 2023 report by Bain & Co. The report also finds that AI can improve effici...
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6 Actions CEOs Must Take During a Cyberattack

Harvard Business Review - 18 Sep 2023 14:25
Lessons from the Colonial Pipeline ransomware attack.
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Tonight's Northern Lights Forecast: How--And Where--To Watch The upper Midwest and northern Plains appear primed to catch the spectacle, but the Northeast is likely out of luck due to cloud cover.
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Kazakhstan Sets Up National Payment Corporation To Lead CBDC Efforts The National Bank of Kazakhstan (NBK) has unveiled the National Payment Corporation (NPC), a body charged with the implementation of digital financial infrastructure and the digital tenge. According to an official press ...
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Hurricane Nigel Intensifies Into Category 1--It's Expected To 'Rapidly Strengthen' Tropical Storm Nigel intensified into a Category 1 hurricane early Monday morning and is expected to become a major hurricane by Tuesday, according to the National Hurricane Center, the sixth hurricane of the season.
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The big Australian companies cashing in on healthcare - podcast Some of Australia's largest companies are getting into the business of healthcare, claiming they are making medical appointments and prescriptions easier to access. But not everyone is convinced. Health reporter Natasha ...
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Web3 is about solving business problems, not token prices: Google Cloud exec While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 James Tromans.
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Cannabis banking is a reality. So do banks still need the SAFE Banking bill? In the absence of any federal cover to provide banking services to cannabis businesses, banks have developed strategies to service those customers anyway. But experts are divided on whether that adaptation obviates the n...
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Binance's U.S. Exchange Bucks SEC's Document Requests Amid Investigation The crypto exchange is fighting to avoid handing over certain documents to the regulator, arguing the SEC's requests are "overbroad."
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Wall Street's so-called fear gauge is in a 'mysterious shrinking' pattern this year, a bullish signal for equities, according to DataTrek Research.
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I.R.S. Changes Audit Practice That Discriminated Against Black Taxpayers The agency will overhaul how it scrutinizes returns that claim the earned-income tax credit, which is aimed at alleviating poverty.
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Tesla is the real reason Ford, GM, and Stellantis execs don't want to meet the UAW union's strike demands.
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Why Hard-Right Republicans Could Force A Government Shutdown After Rejecting Fiscal Year 2024 Spending Proposal At least a dozen House Republicans said they would vote against a proposal unveiled late Sunday.
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