Business News
Why Discover decided to walk away from student loans
American Banker - 6 Dec 2023 21:36
Frustrated by its inability to overcome loan-servicing mistakes that triggered three separate regulatory consent orders, Discover Financial Services elected to sell its student loan business. "When we looked at it, we ha...
Robert Downey Jr. says the 'Oppenheimer' cast couldn't sit down on set
Business Insider - 6 Dec 2023 13:42A taxi driver in Tokyo was arrested after being accused of running over a pigeon
Business Insider - 6 Dec 2023 11:03AMD introduces data center and PC chips aimed at accelerating AI
Venture Beat - 6 Dec 2023 22:00
Advanced Micro Devices said it is unveiling its AMD Instinct MI300X and MI300A accelerator chips for AI processing in data centers.
British American Tobacco Writes Down Value of Brands by $31 Billion
The New York Times - 6 Dec 2023 15:24
British American Tobacco told investors that it had reassessed the "useful economic lives" of some of its brands amid waning sales and a shift toward vaping.
Down 10% This Year Is Coca-Cola Stock A Better Pick Over AbbVie?
Forbes - 6 Dec 2023 15:00
In the sections below, we discuss why we believe KO will offer higher returns than ABBV in the next three years.
Dow Jones Newswires: Rio Tinto plans $6.2 billion investment in Guinea iron ore project
Market Watch - 6 Dec 2023 02:44
Rio Tinto's single biggest investment over the next few years is likely to be a huge African iron ore project that could reshape global supplies of the steelmaking ingredient.
'Visit anytime!' NY attorney general and Trump fraud-trial judge get open invite to tour all '$1B' of Mar-a-Lago
Business Insider - 6 Dec 2023 02:29Washington Post journalists plan 24-hour strike as contract talks falter and job cuts loom
New York Post - 6 Dec 2023 01:50
Executives at the Post, which is owned by billionaire Amazon founder Jeff Bezos, have said they were offering voluntary buyouts across the company in a bid to reduce employee headcount by about 10%
Blackrock and Bitwise Update Their Spot Bitcoin ETF Filings Amid SEC Approval Hype
Bitcoin.com - 6 Dec 2023 01:30
Blackrock, the world's largest asset manager, and Bitwise have filed an amendment to their spot bitcoin exchange-traded fund (ETF) applications with the U.S. Securities and Exchange Commission (SEC). The SEC has held mee...
CVS Says It Will Change the Way Its Pharmacies Are Paid
The New York Times - 6 Dec 2023 01:27
The drugstore chain is introducing a model that will compensate pharmacies based on how much they paid for a drug, as well as a set markup and service fee.
The Clock is Ticking on Improving China-U.S. Relations, Experts Say
The New York Times - 6 Dec 2023 22:48
Participants in a task force at the DealBook Summit said President Xi seemed ready to expand economic relations. But for how long?
Ukrainian soldier complains fight to hold ground across key river relies on 'green' troops rushed through training having only fired a rifle 'a few times'
Business Insider - 6 Dec 2023 20:28
Throughout the war, Russia has often sent inexperienced, poorly trained troops to the front to fill gaps in the line amid manpower shortages.
Time and Expense Tracking Apps: 23 Solutions
Small Business Trends - 6 Dec 2023 15:47Coventry Building Society tables bid to remutualise Co-operative Bank
Sky News - 6 Dec 2023 12:42
One of Britain's biggest building societies has tabled a surprise takeover bid for the Co-operative Bank – a deal that would effectively remutualise one of the country's most recognisable high street lenders.
Solana Hype Bumps BONK to Third-Largest Dog Token, Behind DOGE, SHIB
Coin Desk - 6 Dec 2023 12:02
A more than 70% surge since Sunday has catapulted it to the third-largest dog-themed tokens behind foremost dogecoin (DOGE) and shiba inu (SHIB).
Generative AI uncertainty remains for Hollywood actors, even after SAG-AFTRA ratifies new contract
Fast Company - 6 Dec 2023 11:10
Human actors still don’t have a ton of certainty about how emerging AI technologies will affect their future livelihoods. Yesterday, the Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTR...
Cogwise (COGW) Token Presale Passes $1.5 Million In Fundraising
Crypto News - 6 Dec 2023 07:59
AI crypto project Cogwise’s – COGW – has surpassed $1.5 million in fundraising, bringing it closer to completing its second stage. Cogwise is a blockchain AI project that has continued to attract investors since th...
Belarus Wants to Use Its CBDC to Evade Sanctions
Crypto News - 6 Dec 2023 02:30
Source: christophe/Adobe Belarus wants to accelerate the launch of its CBDC as it looks to evade US and EU-led sanctions and let its firms trade with international partners. Per Belarus' Ekonomicheskaya Gazeta, President...
Lead Glassnode Analyst Expects Bitcoin Pump to "Correct" After Rally to $44k
Crypto News - 6 Dec 2023 02:10
Source: prokop.photo/Adobe Can Bitcoin (BTC) sustain its bullish price momentum this week? Not for long according to James Check - lead on-chain analyst at Glassnode. The leading cryptocurrency exploded to $44,400 on Tue...
Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge
Coin Desk - 6 Dec 2023 23:59
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter. Bitzlato was sanctioned by the U.S government in January.
NYC scaffold war spills into concrete jungle as rivals sue each other
New York Post - 6 Dec 2023 23:55
The case lifts the lid, if only a crack, on the secretive shed industry, which blights hundreds of miles of sidewalks with steel-jungle monstrosities.