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Business News

Location American Business News for 29 November 2023
The Licensed Taxi Drivers' Association says joining with Uber would be "sullying" the taxi trade.
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Synchrony sells pet insurance unit, cashing in on pandemic-era boom Synchrony Financial bought Pets Best ahead of a pandemic-driven surge in the pet insurance business. Now it's selling the subsidiary for a $750 million after-tax gain.
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Groupon is downsizing once-massive Chicago headquarters to subleased floor of Leo Burnett building Online marketplace Groupon, whose River North headquarters were once the nexus of the Chicago tech ecosystem, is downsizing to subleased space in the Leo Burnett building.
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JPMorgan CEO Jamie Dimon defends working with TikTok

Business Insider - 29 Nov 2023 17:33
JPMorgan CEO Jamie Dimon said the company wouldn't work with clientsdoing something that was "truly bad."
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The Dilemmas of the U.A.E., a Petrostate, Preparing to Host COP28 Climate activists have balked at the fact that a leading oil producer, the United Arab Emirates, is hosting this year's U.N. climate talks. But Emirati officials say they, too, are grappling with hard questions.
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Everything we deep cleaned in 2023

Business Insider - 29 Nov 2023 20:33
Everything we deep cleaned in 2023 An inside look into expert deep cleanings around the world: the 9/11 Memorial in New York City, Tokyo's metro system, and more.
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"My dad, who is in his late 90s, has early dementia and delirium induced by a urinary-tract infection."
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The US is looking to crack down on the $60 oil price cap rule as Russia's war with Ukraine drags on.
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90% Chance Of U.S. Holiday Flights Running On Time, Weather Permitting Despite record numbers of travelers, airlines and airports performed better this Thanksgiving than last year. That bodes well for the holidays, if the weather cooperates.
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The U.S. economy slowed in November and inflation also tapered off, a Federal Reserve survey showed, suggesting the central bank could be finished raising interest rates if those trends continue.
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In the case of the new PPLX online LLMs, Perplexity has developed its own approach to pulling in recent information.
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'A Politician Masquerading as a Regulator' - 3 Takeaways From Fortune's Gary Gensler Profile An in-depth magazine story about the SEC chair reveals the breadth of the man's ambition and the limitations of his record.
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Stablecoins Such as Tether May Be in U.S. Sights, Top U.S. Treasury Official Warns Wally Adeyemo, deputy secretary of the Treasury, said issuers outside the U.S. need to be forced to prevent abuse by terrorists.
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Apple is preparing to exit Goldman credit card pact, WSJ says The tech company recently sent a proposal to the bank to exit their contract within approximately 12 to 15 months, the newspaper said.
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Billionaire Miriam Adelson Seeks To Buy Sports Franchise After Selling $2 Billion In Las Vegas Sands Shares Miriam Adelson, the 44th-richest person in the world, plans to sell 10% of her stake in the company.
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Chicago Specialty Grocers Foxtrot And Dom's Merging Into Outfox Hospitality Chicago's two landmark grocers Foxtrot and Dom's are merging to become Outfox Hospitality with Liz Williams tapped to lead the new entity as its CEO .
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Liquid Death Renames Arnold Palmer-Inspired Drink To 'Dead Billionaire' After Legal Threat Innovative Flavors has owned the Arnold Palmer trademark since 2001 and the lemonade/tea beverage has been distributed by the Arizona Beverage Company since 2002.
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iPhone Data Recovery Software: Top 5 Products for Small Businesses

Small Business Trends - 29 Nov 2023 20:56
iPhone Data Recovery Software: Top 5 Products for Small Businesses While you may backup your iPhone on a regular basis, what happens if the backup goes bad? That's when you turn to one of these 5 best iPhone data recovery software options.
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Wall Street's dream of 'immaculate disinflation' is becoming reality and the economy is doing a lot better than people think, Nobel economist Paul Krugman says Wall Street's best-case economic scenario could be coming true, top economist Paul Krugman suggested.
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Binance's Thai Expansion With Gulf Energy Under Scrutiny Post $4.3 Billion US Penalties Source: Pixabay Binance is reportedly facing challenges in Thailand ahead of its plans to launch a new crypto platform with billionaire Sarath Ratanavadi's Gulf Energy. The beleaguered exchange, which is currently facing...
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Citi Executive Sues the Bank Over Sexual Harassment

The New York Times - 29 Nov 2023 16:33
Citi Executive Sues the Bank Over Sexual Harassment Ardith Lindsey, a managing director, is accusing the bank of tolerating a culture in which managers sexually harassed her.
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Interest Rates Continue Falling And The Passing Of Charlie Munger We're seeing probabilities of rate cuts in 2024 not only increasing but coming sooner than most expected.
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