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Business News

Location American Business News for 3 November 2023
The report from the Labor Department suggests America's run of stronger-than-expected job gains may be over.
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Could a furry camelid take the 2023 crown for AI story of the year? If you're talking about Meta's Llama, I argue that the answer is yes.
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House Passes $14.3 Billion Aid Package For Israel -- Setting Up Senate Battle The bill, which also cuts IRS funding, will now go to the Democratic-led Senate, where leadership has been vocally opposed to it.
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The Quiet Potential Of Biden's AI Executive Order Even though Biden's AI executive order does not directly regulate private industry, it could create de facto national standards for the technology.
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Guilty on All Counts: Former FTX CEO Sam Bankman-Fried Faces Potential Century-Long Sentence Sam Bankman-Fried, the disgraced former CEO of FTX, has been convicted on all seven charges, including wire fraud, securities fraud, commodities fraud, and money laundering. The jury reached a verdict at around 7:45 p.m....
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JPMorgan CEO: Inflation May Be Stickier Than People Think, Fed May Raise Rates Further The CEO of JPMorgan Chase, Jamie Dimon, has warned that inflation may be more persistent than many expect, and the government’s fiscal and monetary stimulus in the past several years has been greater than many realize....
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A Decade of Black Lives Matter

The New Yorker - 3 Nov 2023 21:00
The mother of Trayvon Martin and others on what Black Lives Matter has achieved in ten years, and what it hasn't.
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Court rejects Ivanka Trump argument she is too busy to testify during school week Court rejects claim she was too busy raising her children to fly to New York to testify in the $250m fraud trial Trump fraud trial - live updates Ivanka Trump's argument that she should be spared giving midweek testimony...
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Former Wilko staff urge MPs to question owners over collapse Wilkinson family reportedly took £77m in dividends in decade before retailer's closure, including £9m since 2019 Business live - latest updates UK politics live - latest updates Former employees of Wilko have called on...
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Starbucks to add 17,000 locations by 2030, cut costs by $3 billion Starbucks announced plans to expand its global footprint with 17,000 new locations by 2030 -- while cutting $3 billion in costs within the next three years.
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October Jobs Report: U.S. Job Growth Shows Signs of Slowdown

The New York Times - 3 Nov 2023 15:52
October Jobs Report: U.S. Job Growth Shows Signs of Slowdown The labor market cooled, with 150,000 jobs added in October, lower than expected but not too different from monthly job gains before the pandemic.
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FTX claims climb to 57% as Sam Bankman-Fried found guilty on all counts The recent surge in FTX claims is attributed to its early investment in AI companies, which have jumped in valuation.
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One of the world's largest export firms reported a huge drop in profits as freight costs have plunged.
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$308M crypto laundering scheme busted, Hashkey token, Hong Kong CBDC: Asia Express Asia Express: Ringleaders of $308M P2P crypto laundering scheme jailed in China, Visa's Hong Kong CBDC trial a success, Hashkey token.
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Prisoners' Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab Them for Treasury Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement.
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Why the Atlantic Jet Stream Is Helping Some Flights Arrive Early Flights traveling west to east over the Atlantic Ocean this week have had the wind on their side, pushing some landing times up to an hour ahead of schedule.
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DraftKings reported 2.3 million monthly unique payers in the third quarter, representing a 40% increase year over year.
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Eyewitnesses Bring New Perspective To Tragedy In 'JFK: One Day In America' The documentary series includes first-hand accounts from some of the few remaining survivors who experienced the president's assassination and its aftermath up-close.
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Trump's kids testify in $250M fraud case, deny all wrongdoing Donald Trump's sons took the witness stand, casting blame on accountants and downplaying their alleged involvement in the $250 million fraud case.
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We came to conclusion that the entire space of indoor robotics is built a bit upside down. It's like putting the cart before the horse.
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Jeff Bezos is moving to Miami. Meet some of his neighbors in the exclusive 'billionaire bunker' neighborhood. Jeff Bezos is moving Miami, where he's snapped up two properties in the exclusive "billionaire bunker." Meet his other ultra-wealthy neighbors.
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Everything You Need To Know About 'Fortnite' Season OG: Original Map Locations, Challenges And More Fortnite is bringing back the game's original map, weapons and much more. Here's everything you need to know about Fortnite OG and the new season.
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