Business News
How Microsoft and Nvidia bet correctly to leapfrog Apple
BBC - 3 Jul 2024 01:05
The two tech firms were among the first to see the commercial potential of AI.
California credit union hit with ransomware attack
American Banker - 3 Jul 2024 21:55
The attack knocked out online banking, mobile banking and the call center at Patelco Credit Union.
The death of a retired Marine major general is under investigation after his body was found at the training base he once commanded
Business Insider - 3 Jul 2024 19:32Could a financial crisis end crypto's bull run?
Coin Telegraph - 3 Jul 2024 15:30
Blockchain technology doesn't exist in a vacuum, and the outside world has become a less secure place. Could crypto survive a TradFi collapse?
SEC, Fed Charge Silvergate for Misleading Investors, Failing to Monitor $1 Trillion in Transactions
Bitcoin.com - 3 Jul 2024 02:36
The U.S. Securities and Exchange Commission (SEC), the Federal Reserve Board (FRB), and the California Department of Financial Protection and Innovation (DFPI) have taken action against Silvergate Capital Corp., the hold...
Saks Owner to Buy Neiman Marcus, With Help From Amazon
Wall Street Journal - 3 Jul 2024 21:51
Retail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands.
S&P 500, Nasdaq Hit Fresh Records in Holiday-Shortened Session
Wall Street Journal - 3 Jul 2024 20:54
Tesla shares notch their longest winning streak in almost a year; Paramount Global stock jumps thanks to deal news.
Constellation delivers beer profits, but weakness in wine prompts a downgrade
CNBC - 3 Jul 2024 19:20
We want to see actual progress in wines and spirits before getting more positive on the trajectory of the stock.
ICICI Bank's Sapphiro forex card to benefit students planning to study abroad this year: Key features explained
livemint.com - 3 Jul 2024 17:29
Primarily meant for students studying abroad, the Sapphiro forex card offers the freedom of 15 currencies, a range of offers and other student benefits.
U.S. factory orders drop in May after three straight gains
Market Watch - 3 Jul 2024 16:46JPMorgan's top strategist Marko Kolanovic is leaving after missing stocks' historic rally
Market Watch - 3 Jul 2024 16:35Stock market today: US stocks edge up as traders mull cooler private payroll data
Business Insider - 3 Jul 2024 15:38Why Google's greenhouse gas emissions have surged 48% in five years
Sky News - 3 Jul 2024 15:26
Google has admitted its greenhouse gas emissions have risen 48% over the past five years - largely because of artificial intelligence - scuppering its climate aims.
Elon Musk and Tesla are on the rise after a brutal start to the year
Business Insider - 3 Jul 2024 14:34Long Term Capital Gains Tax: As Budget 2024 draws nearer, a look at LTCG tax and how it applies on different assets
livemint.com - 3 Jul 2024 14:25
When shares are sold one year after purchase, the gains earned amounting to ₹1 lakh and above are taxed as per the provision of long term capital gains. The rate of tax is 10 percent without indexation benefit.
Now we know how much it costs to make a $2,800 Dior bag
Business Insider - 3 Jul 2024 09:42Bob's Stores closing all locations after 70 years in latest US retail casualty
New York Post - 3 Jul 2024 07:45
Bob's Stores will liquidate its inventory at its 21 locations throughout Connecticut, Massachusetts, New Hampshire, New Jersey, New York and Rhode Island after filing for Chapter 11 bankruptcy.
Paypal Ventures-Backed Mesh Partners With Conio to Launch Open Banking Solutions for Bitcoin in Europe
Bitcoin.com - 3 Jul 2024 03:33
Mesh, a U.S. fintech company backed by Paypal Ventures, has partnered with Italian digital asset wallet Conio to enhance cryptocurrency exchange access for Conio's 430,000 customers. This collaboration allows users to ac...
Shari Redstone reaches preliminary deal to sell controlling stake in Paramount to Skydance Media for $1.75B
New York Post - 3 Jul 2024 02:41
The media heiress reached a preliminary agreement to sell her controlling stake in Paramount Global to Skydance Media - just weeks after she walked away from a deal between the two sides, according to multiple reports Tu...
Vroom agrees to $1 million FTC settlement for allegedly deceiving consumers
Market Watch - 3 Jul 2024 01:16
The FTC said it took action against Vroom for misrepresenting that it thoroughly examined all vehicles before they were listed for sale, getting customer consent for shipment delays and for failing to provide prompt refu...