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Business News

Location American Business News for 8 April 2024
Lympid Transforms Investment Landscape with RWA Fractional Tokenization PRESS RELEASE. Lympid is revolutionizing the investment experience by integrating real-world assets (RWAs) with blockchain technology. This enables investors to gain access to premium assets that were previously only ava...
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NYC's public Wi-Fi network nixes deal to bring TikTok to 'every street corner' New York City's public Wi-Fi network has nixed a controversial deal with Chinese-owned TikTok to bring the service to "every street corner."
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Boeing Engine Cover on Southwest Plane Falls Off

The New York Times - 8 Apr 2024 00:22
Boeing Engine Cover on Southwest Plane Falls Off The plane returned safely to Denver on Sunday after the crew reported that the cover came apart during takeoff and struck a wing flap. No injuries were reported.
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Michael Bloomberg is worth about $106B -- but he's nowhere to be found on Bloomberg's billionaires rank The world’s richest people can all be found on the Bloomberg Billionaires Index — except for the wealth of New York City’s former three-term mayor. Michael Bloomberg has amassed $106 billion fortune, according to F...
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First Horizon wins upgrade as standalone company as analyst looks past scuttled TD Bank merger KBW sees First Horizon remaining independent after its merger with TD Bank was called off last year.
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It's been ages since Apple released a new iPad. A fancy new screen is expected for next month. If your iPad has been collecting dust, Apple is hoping an impressive new screen will convince you to upgrade.
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Non-Alcoholic Brand Boisson Files for Bankruptcy Protection, Closes all Stores Boisson has filed for Chapter 11 bankruptcy protection and shuttered its eight brick-and-mortar stores, according to multiple media reports and a LinkedIn blog post by Boisson founder Nicholas Bodkins. The non-alcoholic ...
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San Francisco lawmakers want to let city residents sue grocery stores that close Supermarket owners would be required to make a "good faith" effort to ensure the location they leave behind will be used for another grocery story.
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JPMorgan CEO Jamie Dimon warned of "one of the most treacherous geopolitical eras since World War II," and flagged inflation and recession risks.
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China's plan for reinvigorating its economy has the West worried, but others still see an opportunity US Treasury Secretary Janet Yellen has already warned China shock 2.0 could destabilize the global economy.
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Kimberly-Clark to Sell PPE Business to Ansell for $640 Million Kimberly-Clark will sell its personal protective equipment business to Ansell for $640 million in cash, agreeing to a deal that the Australian company's chief executive said had been under consideration for years.
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Bitcoin vs Gold: Peter Brandt Asks Peter Schiff to Put Things in Broader Perspective Veteran trader and renowned chartist Peter Brandt has urged gold bug Peter Schiff to “put things in a broader perspective” when comparing gold to bitcoin. Schiff ramped up his criticism of the crypto this week as the...
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The plan would provide relief to millions who still owe more than they originally borrowed.
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Scott introduces measure to overturn CFPB late fee rule

American Banker - 8 Apr 2024 23:39
Scott introduces measure to overturn CFPB late fee rule Sen. Tim Scott, R-S.C., ranking member of the Senate Banking Committee, introduced a Congressional Review Act resolution to undo the Consumer Financial Protection Bureau's credit card late fee rule.
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dYdX Investigates Block Production Halt During Scheduled Upgrade dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident re...
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I tried to snap a photo of the 'Devil comet' during the solar eclipse. Here's what happened. An astrophotographer gave a reporter his best advice on how to photograph the "Devil comet" during the eclipse. But she still botched the shot.
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NATO helicopters are shooting down and eliminating enemy drones in a rarer kind of Red Sea battle A former US naval aviator told Business Insider that allied helicopter wins against drones in the Red Sea aren't surprising.
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You're likely being wildly unrealistic about how much money stocks can make Here's a key lesson for Financial Literacy month: Be real and study market history.
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Coinbase Anticipates Bitcoin Dips to Be 'More Aggressively Bought' Than Previous Cycles Cryptocurrency exchange Coinbase says bitcoin dips are likely to be “more aggressively bought compared to previous cycles, even as volatility persists during price discovery.” The crypto firm noted that the impact of...
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Schumer presses Capital One, Discover on merger deal

American Banker - 8 Apr 2024 23:25
Schumer presses Capital One, Discover on merger deal Senate Majority Leader Chuck Schumer, D-N.Y., said that he would like to examine the proposed acquisition on "narrower bases."
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Apple wants to make more smart home devices — which may not be dumb Apple is looking for a big bet that can help it grow beyond its core iPhone business. It's reportedly considering iPads that serve as smart home hubs.
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Every outfit Zendaya has worn to promote 'Challengers,' ranked While promoting "Challengers," Zendaya has worn an assortment of tennis-inspired looks, from a gown with a tennis player on it to tennis ball shoes.
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