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Business News

Location American Business News for 1 March 2024
Toyota recalls more than 380K vehicles over brakes issues Toyota Motor is recalling 381,199 Toyota Tacoma trucks with model years 2022 and 2023 in the US over a brake performance issue that increases the risk of a crash. The problem stems “welding debris left on the ends of t...
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CBS accused of 'blatant' bias against white male 'SEAL Team' writer amid diversity rules: suit Brian Beneker was unlawfully denied a "SEAL Team" staff writer position due to his race, sex, and sexual orientation, according to the complaint.
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House prices see first annual rise in over a year Prices in February were up 1.2% from a year earlier but are still lower than their peak, Nationwide says.
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Issa brother to step back after 'fixing' Asda Mohsin Issa says the brothers are in it for the long term, but will appoint a boss to run the business.
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FirstBank shakes up exec team, KeyCorp's new chief accounting officer The CEO of FirstBank in Colorado will retire at the end of the month, KeyCorp's chief accounting officer will depart, Fiserv pursues deal to buy Shift4 and more in the weekly banking news roundup.
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BofA data breach, AI importance: Top tech news for February 2024 In this month's roundup of top tech news: Bank of America's data breach affects more than 57,000 consumers, banking as a service's looming reckoning, the downfall of Heartland Tri-State Bank and more.
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Startup is shipping 100,000-year-old Arctic ice from Greenland to chill cocktails in Dubai Arctic Ice sent its first shipment of about 22 tons of ice to Dubai this year.
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How the military's largest cafeteria feeds 4,500 soldiers in 90 minutes Slagel Dining Facility is the largest dining facility in the Department of Defense. It serves 12,000 meals a day.
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Adapt Your Strategy to Higher Interest Rates

Harvard Business Review - 1 Mar 2024 15:05
To increase sales and profits in this environment, executives need to rediscover the concept of economic profit.
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Unveiling the Dark Web: How Privacy Coins Fuel the Trade of Criminal Material Online Privacy coins are fuelling the proliferation of child sexual abuse material (CSAM), according to Chainalysis’s 2024 Crypto Crime Report. The report highlights crypto’s growing role as tender among dark web vendors of...
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From Low to High -- Bitcoin Fees Jump Over 129% in 4 Days After a short period of diminished onchain network fees, the expense of sending bitcoin has begun climbing once more, hitting a midweek average of 73.3 satoshis per virtual byte (sats/vB) or $11.48 for each transaction. ...
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How the Biden administration is tackling rising housing costs The White House announced Thursday that multiple federal agencies will use government programs to encourage the construction of affordable rental and manufactured housing.
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IPO for athletes? Fans can now buy stock in Broncos player in game-changing venture Fans who register on the platform can buy stock in athletes beginning with Browning, a rising young edge rusher who is entering a contract year in 2024, when he'll make about $3.1 million.
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Car industry demands budget aid to get electric vehicle sales back on track The UK car industry has pleaded with the chancellor to help get the transition to electric vehicles (EVs) back on track when he delivers his budget next week, accusing the government of creating an own goal.
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Oprah has left WeightWatchers, sending stocks spiraling and spelling doom for the diet of our foremothers Oprah Winfrey gave away her shares in WW International, known as Weight Watchers, and the stock price tanked. WW now needs to find a new identity.
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Russia FATF Rating Downgraded Due to 'Insufficient Crypto Regulation' The Financial Action Task Force (FATF) has downgraded Russia's compliance rating due to its "insufficient regulation of virtual assets and cryptocurrencies." The post Russia FATF Rating Downgraded Due to 'Insufficient Cr...
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New York Community Bancorp 'is on its own' to work out accounting mess, analyst says New York Community Bancorp is unlikely to find buyers given the uncertainty around its financials.
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Jubilant WSM Casino Celebrates $100M Wagered With Major $1 Million $WSM Airdrop Announcement Friday, March 1, 2024 – The Wall Street Memes community are jubilant after a big burn event saw 5% of $WSM supply incinerated, and to keep the party going, WSM Casino has revealed plans for a massive $1 million $WSM ai...
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Why the productivity gains from AI won't be able to prevent a recession A burst of technological advancement has never reshaped the dynamics of the business cycle, economist David Rosenberg argues.
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Elon Musk sues OpenAI and Sam Altman for putting profits over humanity Elon Musk says Sam Altman has breached an agreement by putting profits over humanity.
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Stocks can still rise even as momentum signals suggest caution, history finds. Overbought momentum doesn't mean rally will come to a stop, says analyst.
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Coin-for-Coin Payback -- Gemini Announces Full Recovery of Crypto Assets for Earn Users After Genesis Settlement Gemini has reached a settlement with Genesis and other creditors within the Genesis bankruptcy proceedings, promising a full in-kind return of digital assets to Earn program users. This resolution, pending bankruptcy cou...
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