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Business News

Location American Business News for 12 February 2024
Sovereign Gold Bond Scheme 2023-24: New series opens for subscription at ₹6,263/gm; apply online for discount The next tranche of Sovereign Gold Bond opens for subscription on 12 February, with an issue price of ₹6,263 per gram
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Weed PSA Asks: Can a Bowl Be Super Without Cannabis? There has never been a commercial for cannabis during a Super Bowl telecast, and this year on CBS and TelevisaUnivision is no different. But in the San Francisco 49ers home market, Hearst Media has broken ground by runni...
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S&P 500 Slips After Streak of Records

Wall Street Journal - 12 Feb 2024 23:34
The benchmark stock index edged down 0.1% ahead of key inflation data and a spate of earnings this week. The Dow Jones Industrial Average rose 0.3% to a record.
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Bitcoin hits $50,000 level for first time since 2021 Bitcoin has returned to the $50,000 level for the first time since December 2021, riding on the coat tails of a wider rally for US stocks.
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A McDonald's franchisee is paying $4.35 million to settle a lawsuit from a worker who said she was raped by her manager when she was just 14 The lawsuit claimed that the minor's manager began sexually harassing her "almost immediately" after they started working together.
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Spot Bitcoin ETFs Outpace MicroStrategy Holdings, Marking Significant Market Movement An unprecedented shift in the cryptocurrency market occurred on Monday as nine traditional asset management firms surpassed MicroStrategy’s Bitcoin holdings through spot Bitcoin ETFs, a report by HODL15Capital confirme...
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Florists share the 7 mistakes to avoid when buying someone flowers Florists explain how to avoid common mistakes people make when buying flowers — and how shoppers can get the best bouquets for the best price.
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Former Salesforce exec says large language models must learn how to code if they want to level up Richard Socher, former Salesforce exec and CEO of the AI-powered search engine You.com, talked about what's next in AI development.
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Elon Musk pushes back on Ukraine's claim that Russian forces are using Starlink Elon Musk refuted Ukraine's claim that Starlink is being used Russians, saying that the Space X satellites do not operate in Russia.
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My boyfriend is 27 years older than me. I kept our age-gap relationship a secret at first, but I regret not being open about it sooner. A woman dating a man 27 years older regrets hiding her age-gap relationship at first. She's not ashamed of the age difference and missed their support.
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Bugcrowd raises $102 million in new funding to scale its crowdsourced cybersecurity platform, reaching a $1 billion valuation as demand grows for solutions like penetration testing-as-a-service and bug bounty programs.
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Oil prices pull back after surging 6% last week

Market Watch - 12 Feb 2024 14:48
Oil prices pull back after surging 6% last week Oil prices pull back to begin the week.
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German bond yields slip as ECB official says rate reversal is 'fast approaching' The yield on the 2-year German bund fell Monday as a European Central Bank official raised the prospect of a fairly imminent rate cut.
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The author of "Battle for the Bird" said Elon Musk complained about @ElonJet in January 2022 and started buying Twitter shares that month.
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Tesla is offering a $1,000 discount on some of its Model Y cars in the US through February.
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Neiman Marcus rocked by accusations that CEO hires 'mostly gay or European men' and 'white and Asian women' for top posts "Today, Geoffroy's direct reports consist only of white and Asian women and gay men," the corporate insiders wrote in th blog post. "He favors men who are gay and/or European. Just like him."
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Biden calls on snack companies to stop 'shrinkflation,' calling it 'a rip-off' Biden, who offered no solutions or policies to address the practice, did not name any specific companies but several brands were shown in the video, including Gatorade, Doritos, Breyers and Tostitos.
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An AI helper for third-party risk management

American Banker - 12 Feb 2024 23:59
An AI helper for third-party risk management A new generative artificial intelligence tool from Ncontracts can assist in summarizing lengthy agreements with fintech partners and identifying important clauses.
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PayPal Enterprises Services Chief Karczmer to Depart

Wall Street Journal - 12 Feb 2024 23:57
PayPal Enterprises Services Chief Karczmer to Depart Karczmer, who joined PayPal in May 2016, is to leave April 30.
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Warren Buffett's Squishmallows sues Build-A-Bear over 'knockoff' toy line Not to be outdone, Build-A-Bear filed its own lawsuit against Jazwares, saying Skoosherz are based on its existing plush animals, and that its advertising and marketing since last month's launch make clear who made them.
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Trump is threatening the very thing that gives NATO the strength to stand up to Russia Trump, if he were to be elected president again, doesn't need to leave NATO to deeply damage the world's most powerful alliance.
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Digital Asset Investment Funds Record $1.1 Billion Inflows as AUM Taps $59 Billion Digital asset investment products recorded $1.1 billion in inflows in the last seven days following a price uptick in the market. A new CoinShares Digital Asset Funds Flow Weekly Report shows a positive swing in cryptocu...
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