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Business News

Location American Business News for 19 March 2024
Hurry! Last date to file updated income tax returns is March 31. Details here By making payment of additional income tax and interest, taxpayers can file updated tax return for any of the assessment years: 2021-22, 2022-23 and 2023-24.
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Crypto Exchange Listing and Delisting Announcements: March 18, 2024 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. The post Crypto Exchange Listing and Delisting Announcements...
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Having consistent, clear governance for how business logic should work for data pipelines is a challenge the startup is taking aim at.
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New Crypto to Watch: VR Project 5thScape Raises Over $1.5M A new player has burst onto the crypto scene, and investors and gamers alike are taking notice. 5thScape (5SCAPE), a groundbreaking project that aims to blur the lines between reality and virtual reality (VR) gaming, has...
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Altria Buys Back Shares for $2.4 Billion

Wall Street Journal - 19 Mar 2024 22:46
Altria Buys Back Shares for $2.4 Billion Altria Group reached accelerated agreements to buy back $2.4 billion in common stock after selling part of its stake in Anheuser-Busch InBev.
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Bank of America's CEO says the US economy is 'vibrant' — and you should thank the banks Bank of America CEO Brian Moynihan said the US economy has weathered enormous challenges — largely thanks to its banks.
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Lawyers for Donald Trump contacted Warren Buffett's Berkshire Hathaway, Chubb and many others seeking an appeal bond for Trump's $454 million fraud judgment.
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UK FCA Plans to Implement Market Abuse Regime for Crypto in 2024 The Financial Conduct Authority (FCA) of the United Kingdom has announced its intention to introduce a market abuse regime for cryptocurrencies by the end of the year. The post UK FCA Plans to Implement Market Abuse Regi...
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Facebook is reviving one of its earliest features after hiding it for years Meta says Facebook Pokes surged after it quietly resurfaced the Poke button. And more than half of new Pokes are coming from users ages 18 to 29, the company said.
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Elon Musk says Donald Trump didn't ask for money when their paths crossed during a breakfast meeting at a friend's house The SpaceX billionaire told Don Lemon in a new interview that the two had met by chance at an event in Florida earlier this month.
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How Temu is shaking up the world of online shopping Despite controversy China's Temu is becoming a global online shopping force.
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Energy grid needs £60bn upgrade to hit green target New undersea cables and power lines could add up to £30 a year to energy bills, a new plan suggests.
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Nvidia CEO Jensen Huang unveils game-changing AI chip as firm looks to solidify dominance Nvidia said major customers, including Amazon, Alphabet's Google, Meta Platforms, Microsoft, OpenAI, Oracle and Tesla, are expected to use the new chip.
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Microsoft Hires DeepMind Co-Founder to Lead Consumer AI Unit

Wall Street Journal - 19 Mar 2024 23:01
Microsoft Hires DeepMind Co-Founder to Lead Consumer AI Unit Mustafa Suleyman is well-known leader and entrepreneur in artificial intelligence.
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Analysts See Gold Reaching $2,600 per Ounce Amid Strong Market Demand While bitcoin experienced a 12% decrease following its all-time high last week, gold has shown relative stability over the past five days, with only a slight 1% decline in the same period. In a similar vein to crypto ent...
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Cookies Dispensary Heads to Chicago's West Loop

Retail Touch Points - 19 Mar 2024 16:07
Cookies Dispensary Heads to Chicago's West Loop TRP, a cannabis retail, cultivation and distribution platform, has opened the doors to Cookies Chicago, the inaugural Windy City dispensary from the popular cannabis company Cookies. The West Loop location on N. Clinton ...
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Bank of America CEO says commercial real estate will be 'slow burn' Brian Moynihan says it will take time for the banking industry to work through issues with CRE loans, after a New York regional lender alarmed investors with its exposure to troubled debt.
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Crypto Lender Genesis Agrees to $21 Million SEC Fine, Funds to Await Bankruptcy Claim Settlements Genesis Global Capital has settled with the U.S. Securities and Exchange Commission (SEC) and agreed to pay a $21 million civil penalty. The SEC further disclosed that the regulator will "not receive any portion of the p...
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Microstrategy Expands Bitcoin Holdings: Acquires 9,245 BTC After Successful Convertible Note Sale On Tuesday, the business intelligence firm Microstrategy announced it completed a $603.75 million offering of convertible senior notes due 2031. After the announcement, Microstrategy’s founder Michael Saylor announced ...
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The stock market's performance under Biden is now better than under Trump. But a big factor is COVID's toll in 2020. In a shift, President Biden's stock-market track record is now better than former President Trump's over a comparable period, though it has to do with COVID-19's effects.
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Nigeria and Turkey Biggest Adopters of Crypto in 2024 Looking into the share of cryptocurrency owners in 56 countries as of February 2024, Nigeria and Turkey lead the pack, according to data from Statista. But what does the world map look like? The post Nigeria and Turkey B...
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Ben & Jerry's Owner Loses Its Taste for Ice Cream

Wall Street Journal - 19 Mar 2024 13:54
Ben & Jerry's Owner Loses Its Taste for Ice Cream Unilever plans to spin off its ice-cream business and could consider a sale, with 7,500 jobs potentially being affected.
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