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Business News

Location American Business News for 1 February 2024
The multi-billionaire says the electric car maker will move immediately to hold a shareholder vote on the matter.
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New regime, new way: budget shines light on computing tax on agri income The method used to compute tax on income of taxpayers with agri income has been included in Finance Bill 2024.
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Volvo cuts off Polestar funding despite fact it helped pioneer electric cars The company declared Volvo Cars is focused on "developing and concentrating its resources on its own ambitious journey."
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Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.
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Donald Trump suggests the mysterious red marks on his hands may be AI-generated Multiple photographs showed small red marks on the former president's right hand when he waved in public last month.
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A near-death experience on the road has us wondering whether we should each have a Plan B
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Chinese hackers are preparing to 'wreak havoc' on US electrical grids, water treatment plants, and oil and gas pipelines: FBI director FBI Director Christopher Wray warned that China is targeting critical US infrastructure in a bid to create chaos in the lives of ordinary Americans.
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Rashida Tlaib just raised a gob-smacking $3.6 million despite facing House censure and withering criticism over her views on Israel The Michigan congresswoman's $3.6 million haul was her biggest yet, dwarfing even some Senate candidates in key battleground seats.
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I founded a company in Singapore in my 20s. Then I realized it was the perfect time in my life to walk away — so I did. Cheah Wenqi cofounded a media company in Singapore with three university classmates. Five years later, she started thinking about what's next.
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Big Tech faces another day of reckoning on Capitol Hill over kids' online safety "Big Tech executives have been making the same hollow promises for years as kids are suffering horrific harms online," senators said in a joint statement.
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Powell says a March rate cut is not likely. But don't overlook his other comments. Federal Reserve Chair Jerome Powell used his press conference Wednesday to throw cold water on market expectations that the Fed would begin to cut interest rates in March.
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China's AML Legal Framework Set to Target Cryptocurrency Transactions in Major Update As part of its ongoing efforts to modernize financial regulations, China is revising its Anti-Money Laundering laws to include stringent measures against cryptocurrency-related transactions. This revision, the first sinc...
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Manhattan office market rebounds faster than rival cities as NYC demand surges 40% A report found that demand for space in the Big Apple rose nearly 40% in 2023 over the previous year -- lifting demand to 75% of pre-pandemic times.
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Why Elon Musk's $55.8 Billion Tesla Pay Package Was Struck Down in Court A Delaware court ruled that the process for getting Tesla board approval of Musk's $55.8 billion compensation deal was flawed and led to an unfair sum.
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Amazon Quarterly Sales Surge on Strong Holiday Shopping

Wall Street Journal - 1 Feb 2024 23:54
Amazon Quarterly Sales Surge on Strong Holiday Shopping The e-commerce company has benefited from resilience in the retail industry.
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Billionaire Tim Draper Doubles Down on Bitcoin -- Foresees Moment When People Won't Want Dollars Anymore Billionaire venture capitalist Tim Draper has doubled down on bitcoin and his price prediction of the crypto. “I think that there’s going to be a moment where there’s a run on the banks,” he cautioned, adding: �...
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A successful corporate retreat should inspire team-building and creativity among colleagues — here's how to plan one Experts explain how to plan a successful company retreat that inspires team-building and creativity while boosting morale and connecting coworkers.
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Oil ends near two-week low on reported progress toward Israel-Hamas cease-fire deal Oil futures settled Thursday at their lowest in nearly two weeks as tensions in the Middle East appeared to ease somewhat.
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The Fed pushed back against imminent rate cuts this week. Here's what that means for the housing market. High mortgage rates will be the norm for longer, but conditions will likely improve for homebuyers later this year, Redfin says.
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The Gen Z gender gap is widening, and the influence of manosphere podcasters can't be ignored "Manosphere" influencers including Andrew Tate and Pearl Davis cannot be ignored when examining how the ideological gap between Gen Z's men and women formed.
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Employee Assistance Program: Essential for Your Company?

Small Business Trends - 1 Feb 2024 16:08
Employee Assistance Program: Essential for Your Company? An employee assistance program enables your staff reach out for help while maintaining high levels of productivity and performance. Here's how they work.
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Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.
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