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Business News

Location American Business News for 28 October 2023
Wells Fargo's new public affairs head exits, will focus on Middle East crisis Thomas Nides, who until recently was U.S. ambassador to Israel, is leaving his post as the megabank's head of lobbying, communications and community relations. He said recent events in Israel and Gaza "have had a profoun...
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Why Seattle Seahawks legend Michael Bennett left the NFL to become an architect As Bennett opens his design studio, he’s forging an unorthodox career path. Anyone who’s ever watched a single game of American football, which is notorious for its unapologetic, helmet-clashing violence, knows that ...
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Binance Appoints New Regional Head for Eastern Europe and Central Asia Binance's General Manager for Central and Eastern Europe, Kyrylo Khomiakov, will take responsibility for Central Asia as well. His promotion comes after the crypto exchange's top executives in the region left the company...
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Sam Bankman-Fried said he was alarmed by Alameda's risk taking, but he doesn't show it when he's 'freaked out' Sam Bankman-Fried testified that he doesn't usually "show a lot of freak-out-ness," but he was freaked by Alameda's risk-taking.
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JPMorgan Settles Transactions for $1 Billion Daily Using JPM Coin JPMorgan announced that it is registering transactions for $1 billion daily using its own currency, jpm coin. JPMorgan Global Head of Payments Takis Georgakopoulos added that while these movements are denominated in U.S....
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Auto workers and Stellantis reach tentative contract deal that follows model set by Ford, AP sources say Jeep maker Stellantis has reached a tentative contract agreement with the United Auto Workers union that follows a template set earlier this week by Ford, two people with knowledge of the negotiations said Saturday.
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Bush-era diplomat joins elite chorus urging Israel not to launch a full-scale invasion of Gaza Richard Haas, president emeritus of the Council on Foreign Relations and Bush-era diplomat, said fully destroying Hamas is "unlikely to prove doable."
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Here's 3 reasons why Wall Street giants say investors should pay attention to Treasurys as yields soar Treasury yields have surged, bringing the ultra-safe investments in line with the highest dividend yields among S&P 500 firms.
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Boomers are dominating the economy and benefiting from historic rate hikes. BofA explains which stock trades to make as Millennials struggle. Boomers have the wind at their backs, while Millennials are much more exposed to rising rates. BofA has advice on how to capture the Boomer trade.
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Lobster dinners, luxury goods, and go karting: everyday travelers are splashing out on their cruises Cruise travelers are now spending more on onboard amenities like speciality dining and WiFi than they did in 2019.
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Joe Biden wants more people to start living in empty offices The White House has come up with a plan to encourage developers to turn unwanted office space into apartments.
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Paris+ Art Basel: How Luxury Houses Are Leveraging Art And Culture To coincide with Paris+ Art Basel, LVMH beauty house Guerlain is hosting an exhibition of contemporary art at its Paris flagship on the Avenue des Champs Élysées.
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US Lawmakers Ask DOJ to Consider Criminal Charges Against Binance and Tether Two U.S. lawmakers have asked the U.S. Department of Justice (DOJ) to consider criminal charges against Binance and Tether, alleging that the two crypto platforms were used to fund Hamas. "We urge the Department of Justi...
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SEC Considering 8-10 Spot Bitcoin ETF Applications, Says Chair Gary Gensler The U.S. Securities and Exchange Commission (SEC) is currently considering between eight and 10 bitcoin exchange-traded fund (ETF) applications, according to SEC Chairman Gary Gensler. He insisted that “the vast majori...
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A top South Carolina Democratic official dismisses Dean Phillips' presidential bid as 'not serious,' says the Minnesota lawmaker has not yet contacted the party in the key early-voting state SC Democratic Party Chair Christale Spain, an influential figure in the early-voting state, told Politico that Phillips had not contacted the party.
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SBF takes the stand, 'buy Bitcoin' searches soar and other news: Hodler's Digest, Oct. 22-28 Sam Bankman-Fried testifies in court, searches for 'buy Bitcoin' surge, and Gemini sues Genesis over collateral.
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Southern California Braces For Elevated Wildfire Risk And Power Shutoffs As Santa Ana Winds Loom A red flag warning is in effect for parts of Southern California while residents prepare for high winds and dry conditions.
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Harry Kane Departure Might Have Helped Tottenham This Season Did Harry Kane's departure to Bayern Munich actually help Ange Postecoglou give Tottenham Hotspur a new identity this season?
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Gas Prices Hit Seven-Month Low And Could Keep Dropping: Here's Where Gas Is Cheapest Experts believe gas prices will continue to fall through the end of the year.
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NFL Maintains Superior Credit Rating After Boosting Debt Limit In mid-October the NFL increased it debt limit for teams to $700 million from $600 million and for a buyer of a team to $1.2 billion from $1,1 billion.
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Realtor.com's new ranking puts Midwestern cities at the top of the list of emerging housing markets.
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Women save less than men, and the poverty rate for older women is rising. Here are the many reasons why, what they can do to catch up and how society can help.
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