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Business News

Location American Business News for 10 April 2024
The crypto field suffered a string of tough court rulings in March, and April hasn't been any better. Are judges and juries finally getting the picture?
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The former president intended for legislatures and voters to have the final say over abortion access. State courts have other ideas.
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New Multichain Meme Coin Dogeverse Raises $1 Million In Two Days of ICO Newcomer meme coin and multichain good boy Dogeverse ($DOGEVERSE) has lapped up $1 million barely 48 hours into a fresh new ICO. The latest in crypto's long line of Shiba Inu-inspired funny tokens has pricked the ears of...
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Peter Schiff Warns High Inflation Returning -- Accuses JPMorgan CEO Jamie Dimon of Sugarcoating the Problem Economist and gold bug Peter Schiff has warned that high inflation will return with a vengeance and significant Fed rate hikes will be necessary. He also criticized JPMorgan CEO Jamie Dimon for downplaying the severity o...
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Tech CEO accused of keeping assistant as 'sex slave' claims celebrity lawyer attempted $10M shakedown "Let me know if you want to avoid this being much more difficult as our papers are ready to go," Freedman added, according to the screenshots.
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Pet Valu to Optimize Pricing and Promotions with New Merchandising Solution Pet Valu will deploy solutions from Relex to enhance pricing and promotions planning processes in its 780+ retail locations across Canada as well as its digital channels. Pet Valu's implementation partner Logic will prov...
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Money in your PhonePe, Paytm wallet? You can now use it to pay on any UPI app. What RBI's new rules say PPI customers can use any of their UPI apps to access any of their wallets, even if the wallet and the UPI app belong to different companies.
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Macy's Adds Two Directors Backed by Investor to Its Board

Wall Street Journal - 10 Apr 2024 16:08
Macy's Adds Two Directors Backed by Investor to Its Board The new members will help evaluate the investor group's proposal to acquire the retailer.
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Biggest Gains in Employee Engagement in the Management Top 250

Wall Street Journal - 10 Apr 2024 16:00
Biggest Gains in Employee Engagement in the Management Top 250 ON Semiconductor heads the list, followed by S&P Global and KBR
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Two Russian oligarchs win court ruling over EU sanctions European court of justice upholds challenge by Petr Aven and Mikhail Fridman, who remain on list for now Ukraine war - live updates Two Russian oligarchs have won a surprise victory against EU sanctions over Moscow's war...
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US inflation spikes 3.5% in March, casting further doubts on Fed's rate cuts US inflation had another hot month in March, rising 3.5% — the latest data point that throws doubt on whether the Federal Reserve will actually begin to cut interest rates as early as June. The figure marks the highest...
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Indonesian Jelly Gum Maker Mulls Sale

Wall Street Journal - 10 Apr 2024 06:29
Indonesian Jelly Gum Maker Mulls Sale Southeast Asia's largest gummy maker is weighing options for its business, including a sale that could value Indonesia-based Yupi Indo Jelly Gum at about half a billion dollars.
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China needs to convince people that home prices are on their way up in order for growth to pick up, said Richard Koo, chief economist at Nomura.
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A random Chinese company selling food-grade glycine is Gen Z's newest obsession on TikTok Donghua Jinlong, a Chinese company that manufactures glycine, is becoming a meme among Gen Z on TikTok for no meaningful reason.
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Coinbase UK Announces Apple Pay Integration In Of Hopes Greater Crypto Adoption Coinbase UK is partnering with Apple Pay to give its customers heightened convenience when purchasing cryptocurrencies with the focus on increasing crypto adoption across the pond. The move comes as the crypto exchange i...
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2 signs you're saving too much for retirement, according to financial planners If you're saving too much, you won't meet your other money goals, and you might be overcontributing to your accounts.
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TikTok's owner is raking in cash

Business Insider - 10 Apr 2024 23:37
TikTok's owner is raking in cash TikTok owner ByteDance, a Chinese company, grew its revenue by 60% in 2023, despite the threat of a TikTok ban by the US Congress.
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Auradine Secures $80 Million in Series B to Accelerate Bitcoin Mining Rig Production On April 10, the bitcoin mining rig producer Auradine revealed it had secured an $80 million investment in a Series B funding round. Additionally, the company highlighted that it has also achieved $80 million in bookings...
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Arizona just reinstated an 1864 abortion ban, and some GOP politicians are backing away Republicans including Kari Lake and David Schweikert are changing their minds on abortion laws after previously supporting Roe v. Wade's reversal.
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Trump loses 11th attempt at delaying Monday's hush money trial — and he only has 5 days left to try again Manhattan prosecutors fought this latest delay bid by The DA fought this last bid by arguing that a delay would be'extraordinarily distruptive.'
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'Drone hunting drones' are already impacting Middle East conflicts Iran's loitering missiles are unusual. They can fly loops until they find targets like low-flying drones to attack.
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Boeing needs to focus on solutions, not shareholders

Market Watch - 10 Apr 2024 23:16
Boeing needs to focus on solutions, not shareholders The aerospace giant's self-inflicted woes hold broader lessons on how to run a company.
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