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Business News

Location American Business News for 20 June 2024
Cannes Young Lions Competition: A Week Packed Into 48 Red-Eyed Hours CANNES, France--The brightest young minds of the advertising world come together each year for the Cannes Young Lion Competition. This year, we asked the two participants representing Team USA, Rachel Findlay and Jessica...
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Scrap new rules on self-certification of ads, IAMAI urges Supreme Court In its petition, the industry body said the new rules would hit online advertising especially hard, and that small- and medium-sized businesses would bear the brunt.
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Boeing victims' families are pushing the DOJ for a $24 billion fine on the planemaker The families said the Justice Department could suspend a large portion of the fine if the funds are devoted to safety improvements. Relatives of the victims of two fatal Boeing 737 MAX crashes asked the Justice Departmen...
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What mutual fund executives want to see in upcoming Union Budget Better tax treatment for debt mutual funds and measures to boost the economy are among the expectations
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LayerZero Says Users Must Pay 10 Cents Per ZRO To Claim Token The donations appear to be mandatory and the LayerZero Foundation will match proceeds upto $10 million.
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Microsoft under fire for recent cybersecurity lapses

American Banker - 20 Jun 2024 03:00
Microsoft under fire for recent cybersecurity lapses Chinese and Russian hackers recently accessed government and company executives' email accounts, bringing scrutiny to the tech giant's security practices.
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How Politicians' Personal Brands Play Into an Election Last April, Donald Trump sat for a deposition in the offices of Letitia James. The New York attorney general had filed a civil fraud case against the former president, alleging he'd inflated the value of his assets to se...
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Congress weighs adding women to the US military draft

Business Insider - 20 Jun 2024 00:56
Congress weighs adding women to the US military draft A Senate proposal would require some women to register for the military draft.
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Winklevoss Twins Say They Each Gave $1 Million to Trump Presidential Campaign Gemini CEO Tyler and his twin brother Cameron Winklevoss, the company's president, have made two of the first major presidential contributions from prominent crypto executives, favoring former President Donald Trump with...
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Monero's XMR Token Reverses February Slide With Golden Cross XMR briefly topped $180 last week, reversing the Binance-led February slide.
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10 years ago I signed a student-loan agreement without reading it, and now I'm afraid I'll never own a home When it was time to sign a master promissory note at 18, I didn't know what I was getting myself into. Now I'm scared I'll never become a homeowner.
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Holograph Begins Process to Remove 1 Billion Illegally Minted Tokens, Burns 53 Million HLG The recently hacked tokenization platform, Holograph, has unveiled a token-burning process to eliminate one billion illegally minted HLG tokens. The Holograph team stated that this process, which has resulted in the burn...
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Bitcoin whales blamed as BTC price slips 2.8% after nearing $66.5K Bitcoin bulls' hopes are dashed once again as liquidity grabs erase the latest BTC price recovery.
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Boeing's leaking Starliner spacecraft has delayed 2 astronauts' return to Earth NASA and Boeing announced on Tuesday that Starliner's return from orbit had been delayed again to June 26.
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Oil futures hover near 7-week highs ahead of U.S. inventories data Oil futures were little changed early Thursday, hovering near their highest since late April, as U.S. traders returned from a midweek holiday break and awaited official data on inventories.
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Swiss startup Transmutex has pioneered a way to both reduce nuclear waste and increase energy output. It could power a new fleet of AI data centers.
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Gen Z and millennial voluntary NEETS are on the rise — they say they'd rather do nothing than be unhappy at work A subculture of young NEETs — not in employment, education, or training — are happy to wait out unemployment for the right career path.
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This Judge Made Houston the Top Bankruptcy Court. Then He Helped His Girlfriend Cash In. Law firm Kirkland & Ellis brought multibillion-dollar cases to David R. Jones's court, aided by a local attorney who lived with the judge. "Why did no one look into it?"
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The global spike in luxury handbags, shoes, and clothing sales could be coming to an end due in part to China's 'luxury shaming,' study finds Global sales growth for luxury goods is expected to slow this year, per a Bain & Compnay report. "Luxury shaming" in China could be a factor.
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Central Banks Plan Increased Gold Reserves Amid Global Uncertainty: 2024 World Gold Council Survey The World Gold Council’s 2024 survey reveals that central banks plan to increase gold reserves amid geopolitical and financial uncertainties. Over 80% of respondents expect global bullion holdings to rise, and 29% of c...
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Interest rates expected to be held at 5.25% Despite inflation falling to 2%, experts are expecting interest rates to be held at a 16-year high.
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Boeing crash families demand record $25bn fine The families of victims of two 737 Max crashes also call for prosecutions a day after apology by chief executive.
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