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Business News

Location American Business News for 4 April 2024
UBXS: Illuminating the RWA Category - a Leading Trend in the Crypto Sector PRESS RELEASE. UBXS, the token of Bixos, a groundbreaking Real World Asset (RWA) project designed to revolutionize the crypto industry and bridge the gap between traditional finance and the blockchain ecosystem, has attr...
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Over 200 musicians, including Billie Eilish, say AI in music threatens artistic control and could pose a threat to the industry.
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Companies in Japan are offering workers with bad allergies subsidized trips to low-pollen destinations Companies in Japan are offering workers with bad seasonal allergies subsidized trips to tropical locations during peak hay fever season.
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Disney to Crack Down on Password Sharing

Wall Street Journal - 4 Apr 2024 20:44
Disney to Crack Down on Password Sharing The effort is starting with a few countries in June, and a wider rollout is set for September.
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Barkin says Fed would be 'smart' to take its time to cut rates due to persistent inflation "No one wants inflation to reemerge," Thomas Barkin said in a speech to homebuilders in Virginia, citing a strong labor market in the United States.
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Billionaire Steve Cohen's Son Nudged Him Into Bitcoin, But He Keeps a Watchful Distance Steve Cohen, the billionaire founder of Point72 Asset Management, allocated a modest portion of his portfolio to Bitcoin at the encouragement of his son. The post Billionaire Steve Cohen's Son Nudged Him Into Bitcoin, Bu...
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The layoff was a shock because the company had put in so much effort to poach me, make an attractive offer, and spend time onboarding me.
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Paramount stock jumps 15% on reports of exclusive merger talks with Skydance Paramount Global's stock surged Wednesday after reports that the company has entered into exclusive merger talks with Skydance Media.
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Chinese Government Launches 'Ultra-Large Scale Blockchain Infrastructure Platform' The Chinese government is reportedly launching an “ultra-large-scale blockchain infrastructure platform for the Belt and Road Initiative.” The platform will support the implementation of cross-border cooperation proj...
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BlackBerry swings to surprise profit on sales growth for IoT, cybersecurity businesses BlackBerry's stock jump more than 6% after surprise quarterly profit for the tech company.
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Trump loses hush-money 'presidential immunity' bid after claiming statements about Stormy Daniels were 'official acts' On Wednesday, Trump's NY hush-money judge rejected as too little, too late, his claim of 'presidential immunity.'
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Trader Joe's is accused of ripping off smaller food brands Smaller food companies say after a private-labeling deal fell through, Trader Joe's made a dupe, a new story says.
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Trump Venues Bank on Golf, With Help From Saudi Arabia

The New York Times - 4 Apr 2024 16:42
Trump Venues Bank on Golf, With Help From Saudi Arabia The focus of the former president's hotel business is shifting from big cities to his golf resorts, which are benefiting from a relationship with the Saudi-funded LIV Golf tournaments.
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Bitcoin's retreat from record high could signal end of stock-market rally If bitcoin prices have peaked, it could signal that both the S&P 500 and Nasdaq-100 are headed for a stretch of shoddy performance, potentially going nowhere for months.
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Alaska Air was paid $160 million in cash by Boeing for the 737 Max 9 issues Alaska Air said it lost more in the first quarter than it previously estimated, but only because it changed how it recorded cash received from Boeing Co., as compensation losses suffered from the groundings of 737 Max 9 ...
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Marissa Mayer's app cofounder just quit — days after their Shine photo-sharing app debuted The cofounder of Marissa Mayer's company, Enrique Munoz Torres, has left just days after their new photo-sharing app Shine debuted.
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Jobless claims climb to nine-week high of 221,000 -- but there's no sign of worsening labor market The number of Americans who applied for unemployment benefits last week rose to a nine-week high of 221,000. but they remained quite low and didn't show any deterioration in the labor market.
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Crypto Market Maker GSR Recieves Singapore Crypto License The license is the first awarded by Singapore to a crypto market maker.
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California bill would let employees ignore boss' after-hours calls, messages Workers in California may legally be allowed to disregard messages from their boss after the work day ends.
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GoPuff guarantees 'fastest delivery on the planet' of groceries -- and NYC pols vow crackdown "GoPuff's announcement shows the importance of why we need to do something and act fast because they are taking advantage of the delay in the government's [response]."
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Reddit's story hinges on 'promises we've heard too many times,' a new bear says A Bernstein analyst questions whether Reddit will be able to succeed where other small social-media players have struggled.
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Following the sold-out "Renaissance" tour last year, fans think Beyoncé is getting ready to hit the road again for "Cowboy Carter."
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