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Business News

Location American Business News for 17 January 2024

Airbus Is Pulling Ahead as Boeing's Troubles Mount

The New York Times - 17 Jan 2024 07:01
Airbus Is Pulling Ahead as Boeing's Troubles Mount With quality control essential, Airbus gains in the rivalry between the world's biggest plane makers by being seen as "competent."
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Inflation has fallen sharply recently, but ticked up to 4% in the year to December, official figures show.
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Rarible, Mercedes and NHL - Top NFT News Today - 17 January Making the top NFT news today: The iconic Wackeldackel in front of his digital companion, the Superdackel NFT.Source: mercedes-benz.com It’s quite a mixed bag of NFT news on January 17, 2024. NFT sales volume is down f...
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Original meme stock GameStop sees its biggest daily decline in over a month Shares of video game retailer and original meme stock GameStop Corp. registered their biggest daily percentage decline since early December.
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Circle CEO Jeremy Allaire: 'Stablecoins Are Set to Change the Financial System Forever' Jeremy Allaire, CEO of Circle, a stablecoin company, has declared that blockchain systems are the new infrastructure layer of the internet and that stablecoins are at its core, providing value that is “nearly instant, ...
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Apple just ceded one crown to Microsoft, but it picked up a new one Apple was the the largest smartphone vendor by shipments during 2023, according to new data from market researcher IDC.
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The Potential of AI to Improve Customer Service With Office Depot's Kevin Moffitt In the past 18 months, the use of artificial intelligence has become increasingly commonplace, with businesses across all industries beginning to integrate it into their processes. While we have already seen some potenti...
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Investors are pushing back their expectation for Fed rate cuts this quarter, thanks in part to robust consumer spending over the holidays.
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Revealed: Key Recommendations from US GAO to SEC on Spot Bitcoin ETF Source: AdobeStock The landmark announcement of a spot Bitcoin exchange-traded fund (ETF) approval has significantly impacted the financial landscape. While the market sentiment has been predominantly positive, a recent ...
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Norway's $1.5 trillion sovereign-wealth fund is going after SVB, its management and the defunct bank's Wall Street advisers.
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Mike Johnson says Biden's election 'must have been God's will' but that he's 'looking forward' to 'regime change' in 2024 "A nation makes a decision collectively because we're given the free will to do that," House Speaker Mike Johnson said.
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Overdraft fees could shrink to as low as $3 under Biden administration proposal The new CFPB regulation would slice the fees that large banks can charge customers for overdrafting, and require lenders to be more forthcoming about the charges.
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BlackRock's $12.5 billion acquisition of Global Infrastructure Partners wins praise in analyst upgrade Asset manager's deal for private-equity firm will help it tap 'democratization' of alternative for individual investors.
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Aston Martin and Bentley contract cull sparks fears for 500 Formaplex jobs The termination of contracts with car manufacturers Aston Martin and Bentley has triggered fears for hundreds of Hampshire-based manufacturing jobs.
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IRS Halts Enforcement of $10K Crypto Tax Reporting Rule Pending Further Regulation Source: Adobe / dennizn The US Treasury Department and Internal Revenue Service (IRS) have announced that businesses are not required to report the receipt of digital assets in the same manner as cash until specific regu...
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Oil falls as strong dollar outweighs worries over Middle East Oil futures lose ground early Wednesday.
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A joint statement on Tuesday confirmed Diddy had withdrawn all of his allegations against Diageo.
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Trump attacked E. Jean Carroll again as his defamation trial was underway. Her lawyers urged the jury to 'make him stop.' Donald Trump continued to attack E. Jean Carroll on Truth Social even as his second defamation trial began.
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Bitcoin Hits Peak Interest on Google Trends Following SEC's ETF Approvals In the week spanning Jan. 7th to the 13th, 2024, Google Trends revealed a peak interest score of 100 for the search term bitcoin. A closer examination of Google Trends over the past three months highlights that this inte...
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What happened to Denise Huskins' kidnapper Matthew Muller? The case was first considered a 'Gone Girl'-style hoax Netflix's "American Nightmare" looks at the disappearance of Denise Huskins in 2015 after she was kidnapped by Matthew Muller in Vallejo, California.
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DataStax unveils a new data API to simplify the creation of generative AI RAG applications, enhancing developer accessibility and optimizing performance with native vector database features.
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Tennessee bank to pay $1.9M in redlining case

American Banker - 17 Jan 2024 23:52
Tennessee bank to pay $1.9M in redlining case As part of a settlement with the Justice Department, Patriot Bank must invest more than $1 million of the total in a loan subsidy fund for minority homeowners and take other corrective steps in its everyday business. The...
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