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Business News

Location American Business News for 6 December 2023

Why Discover decided to walk away from student loans

American Banker - 6 Dec 2023 21:36
Why Discover decided to walk away from student loans 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...
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Robert Downey Jr. says the 'Oppenheimer' cast couldn't sit down on set Christopher Nolan's "Oppenheimer" set lacked chairs, according to actor Robert Downey Jr. in conversation with Mark Ruffalo.
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A taxi driver in Tokyo was arrested after being accused of running over a pigeon Atsushi Ozawa, 50, told investigators that the road belongs to humans and that it was the pigeons "who should dodge," per NHK.
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Advanced Micro Devices said it is unveiling its AMD Instinct MI300X and MI300A accelerator chips for AI processing in data centers.
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British American Tobacco Writes Down Value of Brands by $31 Billion 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.
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Down 10% This Year Is Coca-Cola Stock A Better Pick Over AbbVie? In the sections below, we discuss why we believe KO will offer higher returns than ABBV in the next three years.
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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.
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'Visit anytime!' NY attorney general and Trump fraud-trial judge get open invite to tour all '$1B' of Mar-a-Lago In strange testimony Tuesday, a witness for Trump asked the judge and AG to see for themselves why MAL is worth $1B.
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Washington Post journalists plan 24-hour strike as contract talks falter and job cuts loom 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%
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Blackrock and Bitwise Update Their Spot Bitcoin ETF Filings Amid SEC Approval Hype 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...
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CVS Says It Will Change the Way Its Pharmacies Are Paid

The New York Times - 6 Dec 2023 01:27
CVS Says It Will Change the Way Its Pharmacies Are Paid 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.
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The Clock is Ticking on Improving China-U.S. Relations, Experts Say Participants in a task force at the DealBook Summit said President Xi seemed ready to expand economic relations. But for how long?
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Throughout the war, Russia has often sent inexperienced, poorly trained troops to the front to fill gaps in the line amid manpower shortages.
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Time and Expense Tracking Apps: 23 Solutions

Small Business Trends - 6 Dec 2023 15:47
Time and Expense Tracking Apps: 23 Solutions Tracking time and expenses for a small business used to be a cumbersome mountain of paperwork. These days, it's gotten a lot easier. Here are some of the best time and expense tracking apps available to small businesses ...
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Coventry Building Society tables bid to remutualise Co-operative Bank 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.
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Solana Hype Bumps BONK to Third-Largest Dog Token, Behind DOGE, SHIB 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).
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Generative AI uncertainty remains for Hollywood actors, even after SAG-AFTRA ratifies new contract 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...
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Cogwise (COGW) Token Presale Passes $1.5 Million In Fundraising 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...
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Belarus Wants to Use Its CBDC to Evade Sanctions

Crypto News - 6 Dec 2023 02:30
Belarus Wants to Use Its CBDC to Evade Sanctions 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...
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Lead Glassnode Analyst Expects Bitcoin Pump to 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...
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Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge 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.
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NYC scaffold war spills into concrete jungle as rivals sue each other 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.
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