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Business News

Location American Business News for 8 March 2024
Your data is all over the web - is there a better way? Would it be better to keep your personal data in one place, rather than entering it into hundreds of websites?
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Disney underpaid Southern California hotel maintenance workers, lawsuit alleges Disney faces wage claims in a lawsuit brought by an assistant maintenance engineer who says the company underpaid him and more than 100 other workers.
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In charts: How Indian women are climbing up the loans ladder The number of women borrowers is growing faster than the number of male borrowers, CRIF High Mark data shows. That's also true for the size of the loans they are taking.
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Stocks Fall After February Jobs Report

Wall Street Journal - 8 Mar 2024 23:27
The S&P 500 retreated to end the week after the latest U.S. jobs report offered mixed signals on the economy. Costco shares fell 7.6%
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Commercial Hand Dryer: Our Top Picks For Your Business

Small Business Trends - 8 Mar 2024 06:30
Commercial Hand Dryer: Our Top Picks For Your Business Avoid paper towels and take a look at the best commercial hand dryer options for your business in 2022 for a much cleaner space.
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Bitcoin Price Pumps to New All-Time Highs Above $70,000 - Where Is It Headed Next? The Bitcoin (BTC) price just pumped to new all-time highs above $70,000 in volatile trade, but has since pulled back to $67,000. But profit-taking could be easing, setting the stage for an imminent pump above $70,000. Th...
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States Dig Into Homeowners Insurance and Why It's Hard to Buy State regulators asked more than 400 companies for data on their homeowners insurance businesses. The inquiry comes at a moment when severe weather is increasing risk.
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Why Reddit is 'walking a tightrope' with its IPO

Market Watch - 8 Mar 2024 21:39
Why Reddit is 'walking a tightrope' with its IPO The social-media platform could find itself at odds with its loyal user base as it strives for profitability, said Jon Keidan, founder and managing partner of venture fund Torch Capital.
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Biden wants to make it easier for people to buy their first home. But there aren't enough houses. President Biden touted a number of new proposals during his State of the Union address. But some worry it won't help end the home-supply crunch.
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Paper Shredders: Top Picks For Your Business

Small Business Trends - 8 Mar 2024 06:00
Paper Shredders: Top Picks For Your Business Start destroying all of your sensitive documents with the best paper shredders for small businesses in 2022 to protect you and your customers.
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Mark Cuban: Bitcoin Demand to Outpace Supply, BTC Is a Great Store of Value Billionaire investor Mark Cuban, a minority owner of the National Basketball Association (NBA) team Dallas Mavericks, expects the price of bitcoin to go up due to the supply-demand dynamic. “I do feel that the demand i...
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NYCB's $1 billion infusion restored confidence. Now what's the plan? The Long Island bank plans to balance its loan mix and fix its risk controls. But following a large capital injection led by two former Trump administration officials, the new leadership is asking for more time to formul...
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Expect the S&P 500 to top 5,200 before it's time to sell "The most bullish thing a market can do is get overbought and stay there."
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E-commerce sales grew 18.4% in the quarter compared with the year earlier.
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Rivian Will Delay Construction of a $5 Billion Factory in Georgia The money-losing electric vehicle company, which makes vans, trucks and S.U.V.s, is trying to preserve cash as it works to produce and sell more affordable vehicles.
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Sales at Gap's largest banner Old Navy have been down for more than a year but that trend reversed on Thursday when the retailer reported a 6% jump in revenue.
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24 times the Oscars snubbed female directors

Business Insider - 8 Mar 2024 17:18
24 times the Oscars snubbed female directors In the 96-year history of the Academy Awards, only eight women have ever been nominated for best director, and only three have won.
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February Jobs Report: U.S. Job Growth Remains Strong

The New York Times - 8 Mar 2024 16:02
February Jobs Report: U.S. Job Growth Remains Strong The labor market showed resiliency in February, adding 275,000 jobs, a sign that economic growth is still solid.
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Tech guru Cathie Wood says Nvidia is the Cisco of the AI boom and warns its growth may falter Nvidia is powering the AI revolution, but investor Cathie Wood warns there's a clear risk its customers will cut orders and serious competition will emerge.
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Unless You're Nvidia, the AI Chip Business Is Complicated

Wall Street Journal - 8 Mar 2024 13:30
Broadcom and Marvell shares have surged on AI hype, but other chip segments weigh on results.
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Taiwan Semiconductor shares climb after chipmaker posts early 2024 sales jump Taiwan Semiconductor Manufacturing Corp. reported a 9.4% rise in January-February sales versus the year ago period, likely boosted by increased demand for chips that can cater to artificial intelligence software.
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AI may kill the one job everyone thought it would create

Business Insider - 8 Mar 2024 12:58
AI may kill the one job everyone thought it would create Companies hired prompt engineers to write prose that can produce a desire response from chatbots, but some research shows that AI can do it better.
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