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Business News

Location American Business News for 26 January 2024
I ate all the candy I could find at Trader Joe's and ranked them I tried 15 Trader Joe's candies to find the best snack, from the Scandinavian swimmers to the dark-chocolate-covered honey grahams with sea salt.
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Amazon Lending: How to Boost Your Small Business Dynamically

Small Business Trends - 26 Jan 2024 13:11
Amazon Lending: How to Boost Your Small Business Dynamically If you are looking for an alternative lending solution to grow your eCommerce store, you can boost your business with Amazon Lending.
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Russian Crypto Miners Blamed for Siberia Power Outages Russian power providers say crypto miners are to blame for "mass" electricity outages during recent cold snaps. Per Interfax, Rosseti Siberia, the local branch of the state-run power provider Rosseti, "recorded an increa...
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National Lottery ticket price cut plunged into doubt by incoming operator A promise by the incoming National Lottery operator to slash the price of a ticket from £2 to £1 is under review.
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Visa posts earnings beat, but here's why Wall Street says the stock is falling Visa called out resilient spending as it logged an earnings beat for the latest quarter, but its shares were under pressure in Thursday's after-market action.
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Evidence EVs are a fading fad is 'rolling in fast' as Tesla, GM and Ford slash prices EV doubters like Toyota bet on hybrids and now look prescient.
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Did Netflix's movie boss leave because he didn't want to make so many movies? Netflix and Scott Stuber haven't said why he's leaving as film chief. But two new reports suggest one reason: He was sick of making so many movies.
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Wall Street is counting on Treasury's borrowing needs to trend lower between now and June Major investment banks are coalescing around the view that the U.S. government's borrowing needs should likely diminish through June, alleviating some of the anxiety that had gripped bond markets late last year.
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What I Learned When I Stopped Watching the Stock Market

Wall Street Journal - 26 Jan 2024 18:06
Over-reacting to the news can poison your portfolio and sour your life. Here's how to keep your investment plan on track.
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Top Job at Levi Strauss Offers Retail Veteran a Second Chance

Wall Street Journal - 26 Jan 2024 12:30
Top Job at Levi Strauss Offers Retail Veteran a Second Chance Michelle Gass battled activists when she ran Kohl's. Can her 'no regret' moves keep the growth going at the denim maker?
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Jorge Reyes moved to Finland because it was the happiest place on earth. He loves Helsinki, but elements of Finnish culture shocked him.
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Read the explosive resignation letter sent by the chairman of Sports Illustrated's publisher Ross Levinsohn, chairman of The Arena Group, which publishes Sports Illustrated, resigned and accused the board of acting illegally and negligently.
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Intel is struggling to gain traction in AI chips while Nvidia and AMD roar ahead Earnings show pockets of strength but leave many more questions.
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Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass Levi Strauss forecast annual sales and profit below Wall Street expectations on Thursday, and said it would cut 10% to 15% of global corporate jobs as the denim maker seeks to rein in costs amid weakness in its wholesale...
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JPMorgan CEO Jamie Dimon shuffles top bosses as Wall Street focuses on succession Dimon's succession plans have long been the subject of speculation. In May, the 67-year-old signaled he could depart in 3-1/2 years.
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Viral Stanley tumblers contain 'some lead' but company says they're safe to use Stanley tumblers have become immensely popular in recent months, surging on platforms like Instagram and TikTok, but consumers have begun asking whether they are safe to use.
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Fake explicit Taylor Swift photos have politicians sounding off. But will AI laws actually change? Several politicians have called for new laws to criminalize the creation of deepfake pornographic images after the pop star fell victim to AI misuse.
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Mercedes debuts $1B luxury tower in Dubai, apartments will cost up to $10M each Dubbed "Mercedes-Benz Places," the skyscraper is home to 150 apartments, starting at $2.7 million.
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Jamie Dimon Reshuffles Management Team at JPMorgan

The New York Times - 26 Jan 2024 15:58
Jamie Dimon Reshuffles Management Team at JPMorgan Many consider the moves a sign of a succession plan at the nation's largest bank, although the stalwart Mr. Dimon has signaled he's not going anywhere.
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A Key Inflation Measure Cooled in December

The New York Times - 26 Jan 2024 15:44
A Key Inflation Measure Cooled in December Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last month.
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Freight through Suez Canal slashed by almost half in wake of Houthi attacks Freight travelling through the Suez Canal has almost halved since Yemen's Houthi rebels began attacking cargo ships in the Red Sea.
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Oil prices pull back but remain set for strong weekly gains Oil futures are set to book strong weekly gains.
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