Business News
FC Barcelona President Joan Laporta Charged With Bribery: Reports
Forbes - 18 Oct 2023 11:48
The judge overseeing the referee payments scandal known as 'Caso Negreira' has reportedly decided to indict FC Barcelona president Joan Laporta for bribery.
Tesla profit margins shrink after Elon Musk-owned EV maker slashed prices
New York Post - 18 Oct 2023 22:49
Since January resorted to steep price cuts and discounts, including reductions of more than 6% across models in the third quarter.
China's Economy Grew More Than Expected Over the Summer
The New York Times - 18 Oct 2023 04:01
The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.
Need to Know: 'The high for equities is not in,' says technical strategist who unpacks the stocks to buy now.
Market Watch - 18 Oct 2023 14:17
On a day of rising geopolitical tensions, this technical strategist says there are plenty of reasons to be optimistic about stocks
The Israel-Hamas war shows how social media has given up on facts
Business Insider - 18 Oct 2023 14:00: Procter & Gamble earnings: What to expect
Market Watch - 18 Oct 2023 11:00
Consumer goods giant will report fiscal first-quarter earnings before the bell on Wednesday.
Goldman CEO David Solomon moonlighting as a DJ shows how hobbies can help a CEO's reputation — and also how they can backfire
Business Insider - 18 Oct 2023 02:56
A report by the Financial Times says Solomon decided to stop playing at high-profile gigs because of criticism and media attention, citing people with knowledge of the matter.
X Will Charge New Accounts $1 For Basic Functions Like Posting In New Zealand And The Philippines
Forbes - 18 Oct 2023 02:27
Elon Musk has floated the idea of a subscription cost as a means of combating bots, which have been a long time issue on the platform.
Blackrock CEO Larry Fink Sees Global Demand and 'Pent-up Interest in Crypto' Amid Israel-Hamas War
Bitcoin.com - 18 Oct 2023 02:00
Larry Fink, the CEO of the world's largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be ...
The US did its own analysis of the deadly Gaza hospital explosion, and the White House believes Israel 'is not responsible'
Business Insider - 18 Oct 2023 17:35Is 'Killers Of The Flower Moon' Another Scorsese Masterpiece?
Forbes - 18 Oct 2023 17:07
A new Martin Scorsese film comes with a great deal of annoying cultural baggage.
U.S. Treasury Imposes Sanctions Against Hamas Members And Facilitators
Forbes - 18 Oct 2023 16:43
Among those sanctioned are a Hamas-linked crypto exchange, as well as financiers of the militant group.
Texas launches new review of big banks over energy policies
American Banker - 18 Oct 2023 16:24
Texas Attorney General Ken Paxton's office said it's reviewing whether 10 financial companies, including Bank of America and JPMorgan Chase, violate a state law that punishes firms for restricting their work with the oil...
Amazon Will Start Delivering Prescriptions By Drone
Forbes - 18 Oct 2023 16:01
The company said customers could receive their prescriptions within an hour of placing their order.
Morgan Stanley's profit slides on investment bank slowdown
American Banker - 18 Oct 2023 15:50
Even with the declines, Morgan Stanley joined the biggest U.S. banks in surpassing trading expectations.
Car theft soared 20% last year -- and here are the vehicles most at risk
New York Post - 18 Oct 2023 15:50
Car theft surged 20% last year, according to fresh FBI data — and a vehicle safety-rating agency said models from Dodge, Land Rover, and BMW were among the most likely to be stolen. The FBI’s annual crime report publ...
How Kenvue De-Risked Its Supply Chain
Harvard Business Review - 18 Oct 2023 14:35
Three capabilities the consumer health company invested in after demand surged during the pandemic.
South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore
Bitcoin.com - 18 Oct 2023 13:30
Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore's main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast As...
EU Privacy Watchdog Takes Aim at 'Excessive Centralization' of Digital Euro
Coin Desk - 18 Oct 2023 12:46
The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping
How to get over with your home loan quickly? Here are 6 ways
livemint.com - 18 Oct 2023 10:17
Home loans often involve substantial amounts and extended terms, with borrowers paying considerable interest, influenced by prevailing rates and the loan duration.
Your friendly AI chatbot could know a lot about you from the way you type
Business Insider - 18 Oct 2023 07:01Bank of America's unrealized losses cast shadow over strong Q3 earnings
American Banker - 18 Oct 2023 01:53
The nation's second-largest bank reported strong growth in net interest income, revenue and profits. But analysts continued to express concern about unrealized losses, which swelled to $131.6 billion.