Business News
U.S. Shoplifting Rate Down As Some Cities See Spikes [Infographic]
Forbes - 10 Nov 2023 17:48
Despite worry about rampant retail theft, a city sample shows the current shoplifting prevalence as below pre-pandemic levels. Yet, a resurgence happened in some cities.
Dhanteras 2023: Tanishq, PC Jewellers, and others lure customers to buy gold with discount offers
livemint.com - 10 Nov 2023 06:56
Dhanteras, the beginning of Diwali, is a day dedicated to the goddess of wealth. Jewelry companies like Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds are offering discounts and deals to make the festival prosper...
Strong Deliveries Have Driven Li Auto Stock Up 40% In The Last Six Months. What's Next?
Forbes - 10 Nov 2023 13:00
All three models appear to be seeing strong demand with Li indicating that it has led the sales chart of SUVs priced above RMB300,000 ($42,000) for six conservative mo...
Maven 11 Targets $100 Million in Funding for Third Crypto Venture Fund
Crypto News - 10 Nov 2023 20:00
Source: Adobe / Sutthiphong Amsterdam-based crypto venture capital firm Maven 11 has unveiled its third fund with a goal of securing $100 million. This research-driven fund will aim to invest in early-stage crypto projec...
Why Germany's once miracle economy is turning into a mirage
The Guardian - 10 Nov 2023 14:26
In 1923 the country was rocked with hyperinflation, now the retreat from globalisation is exposing the fragility of its industrial model Germany has come a long way in 100 years. Back in November 1923, people were trundl...
Judge Approves JPMorgan's $290 Million Settlement With Epstein Victims
The New York Times - 10 Nov 2023 00:45
The nation's largest bank was sued for ignoring red flags about Jeffrey Epstein's sex-trafficking operation while he was a client.
Cruise begins layoffs after suspending its self-driving robotaxis following a collision that dragged pedestrian beneath car
Business Insider - 10 Nov 2023 21:56
Cruise's CEO also reportedly told staff this week to expect layoffs involving full-time staff.
Russia is buying back weapons it sold to other countries as its arsenal runs low
Business Insider - 10 Nov 2023 19:2047 Countries Adopt New CARF Framework on Automatic Exchange of Information Between Tax Authorities
Crypto News - 10 Nov 2023 18:44
Source: Adobe/amirul syaidi A consortium of 47 countries, including the US, the UK, and Australia, have adopted a new framework for the automatic exchange of information between tax authorities. The framework, known as t...
Poloniex Hit by $114 Million Hot Wallet Heist; Justin Sun Pledges to Recover Funds
Bitcoin.com - 10 Nov 2023 15:20
Onchain data and reports have highlighted unusual outflows from cryptocurrency exchange Poloniex, prompting concerns of a possible hot wallet breach worth approximately $114 million. Justin Sun, the exchange’s propriet...
UK cryptocurrency scams jump 23%, young investors prime targets: Lloyds Bank
Coin Telegraph - 10 Nov 2023 15:01
According to the bank, potential cryptocurrency investors usually make an average of three payments before recognizing they've fallen victim to a scam.
Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
Coin Desk - 10 Nov 2023 14:31Why regenerative farming is taking hold in red America
Fast Company - 10 Nov 2023 05:30
In some conservative pockets of the U.S., farmers are embracing regenerative practices. Just don’t ask them to make it political. Les Seiler is driving a black Chevy pickup along Fulton County, Ohio’s dead-straight r...
MarketWatch First Take: Unity Software has a fleeting moment to win back developers -- and investors
Market Watch - 10 Nov 2023 02:56
Jim Whitehurst, the recently named interim chief executive of Unity Software, has a brief window of time to restore trust between the troubled gaming development company, its investors and developers.
Byron Wien, Wall Street Seer of the Unexpected, Dies at 90
The New York Times - 10 Nov 2023 02:15
A widely read financial analyst, he was known for his annual forecast "Ten Surprises." But he was fallible, as when he predicted a President Hillary Clinton.
The Ratings Game: Topgolf Callaway stock has its worst day in more than 3 years. But analysts say golf equipment's not the problem.
Market Watch - 10 Nov 2023 02:10
Shares of Topgolf Callaway Brands Corp. on Thursday suffered their worst percentage drop in more than three years, after the golf-equipment and venue giant a day earlier cut its full-year outlook and analyst sentiment on...
Banks accused of dragging their feet over fraud refunds, says MP
BBC - 10 Nov 2023 02:02
The accusation comes as new figures name individual banks and show how much money they refund to victims.
Amazon has an office in a former prison in the Netherlands
Business Insider - 10 Nov 2023 23:58Yellen Says U.S. Wants 'Healthy' Economic Ties With China
The New York Times - 10 Nov 2023 23:58
The Treasury secretary said she had pressed her Chinese counterpart on China's export controls and cautioned against supporting Russia.
Taylor Swift Brings Her Eras Tour to Argentina, Shaking El Monumental
The New York Times - 10 Nov 2023 23:58
The singer-songwriter began her Eras Tour outside North America, and some Swifties in Argentina camped out for more than five months.
"Sam Coins" Rally Ahead of Potential March Trial, FTX Reboot
Crypto News - 10 Nov 2023 23:54
Source: a video screenshot, ABC News / YouTube A number of altcoins bankrolled by recently convicted FTX founder, Sam Bankman-Fried, appropriately dubbed "Sam coins,” have continued to rally this week ahead of his pote...
Columbia Suspends Student Groups Over Protests Against Israel-Hamas War
Forbes - 10 Nov 2023 23:52
Columbia University suspended two student groups over protests the university claims violated its policy, as student-led protests largely critical of Israel come under fire.