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Business News

Location American Business News for 20 August 2024
Harley-Davidson slams brakes on 'woke' policies after sparking biker and social-media outrage Harley-Davidson released a statement on Monday renouncing DEI and other controversial company initiatives in the wake of social-media outrage and withering pressure from longtime loyal bikers.
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A Gen Xer who visited all 50 states shares which to skip — and why he was surprised Alabama made his top 5 Patrick Forhane, 45, hit his 50th state, Kansas, in 2022. Two years earlier, he wasn't sure if achieving the feat would be possible.
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Nigeria Aims to Include Cryptocurrencies in Tax System Overhaul The Nigerian government is looking to impose taxes on the cryptocurrency industry. The Federal Inland Revenue Service (FIRS) plans to introduce a new tax law to achieve this. Despite being a major crypto market, Nigeria ...
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FuelCell Energy's stock tumbles after plans for another reverse stock split FuelCell Energy said Tuesday it will hold a special meeting of shareholders to ask them to vote on a proposal that will allow the fuel-cell technology company to enact a reverse stock split.
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Brazilian bank finds profits in targeting older customers

American Banker - 20 Aug 2024 16:18
Agibank, a closely held Brazilian financial-technology firm, tripled its profit during the first half of the year while expanding its credit portfolio as default rates dropped.
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Nvidia's earnings could be noisy, but these bulls are still upbeat on the stock Analysts are curious about potential shipment delays for the new Blackwell chip but see plenty of reason to cheer Nvidia's long-term opportunity.
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5 reasons why stocks are still at risk of another sharp sell-off, Deutsche Bank says The firm warns that many of the headwinds that catalyzed a sell-off earlier in August are still present.
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AMD's stock is set to extend gains as its splashy AI deal draws cheers While one analyst said latest deal could help AMD "potentially close the gap" with Nvidia over several years, another said the move still "doesn't level the playing field."
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Paramount's stock falls after report Edgar Bronfman Jr. has submitted $4.3 billion offer for Redstone's National Amusements Media executive Edgar Bronfman Jr. has submitted a $4.3 billion offer for National Amusements in an attempt to upend a previous agreement to merge it with David Ellison's Skydance Media, according to the Wall Street Jour...
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Financial Analysts Estimate Gold Might Reach $3,000 Propped up by Rate Cuts Several financial analysts predict that gold prices will continue to gain ground, supported by forecasts that the Federal Reserve will cut interest rates later this year. According to Patrick Yip of American Precious Met...
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The New York video game developer said Tuesday the game marks the fourth mainline title and seventh overall entry in the looter-shooter franchise, which has sold more than 87 million copies.
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HP Unveils New Customizable Gaming Solutions at Gamescom 2024

Small Business Trends - 20 Aug 2024 23:46
HP Unveils New Customizable Gaming Solutions at Gamescom 2024 HP just introduced new gaming gear and hardware from its Omen and HyperX brands at Gamescom 2024.
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Microsoft's release of the Phi-3.5 series represents a significant step forward in the development of multilingual and multimodal AI.
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'One Piece' season 2: Everything we know so far

Business Insider - 20 Aug 2024 23:25
'One Piece' season 2: Everything we know so far Netflix's live-action "One Piece" is coming back for season two. While we don't have a release date, we do know the plot scope for the new season.
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How to invest money while saving for retirement? This tool may help. You won't succeed unless you can stick with your plan during challenging times
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Five9 will reduce its workforce by about 7% as it looks to drive more profitable growth.
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At Gamescom 2024, Firaxis unveiled how players will blend cultures in Civilization VII through the ages with Gwendoline Christie narrating.
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Microchip Technology said a cyber breach occurred days ago that affected its manufacturing facilities and ability to fulfill orders.
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RFK Jr's running mate floats 'unity party' with former President Trump Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics.
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RFK Jr's running mate floats 'unity party' with former President Trump Nicole Shanahan claimed that 51% of Americans were against the two-party system dominating modern United States politics.
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Keysight shares rally on forecast as executives point to 'stable' backdrop Keysight Technologies shares rallied after hours on Tuesday after the tech-services provider offered a fiscal fourth-quarter forecast that came in above Wall Street's expectations.
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US regulator fines crypto fund $150K for illicit Bitcoin loan It's part of the fallout from the industry-wide liquidity crunch triggered by FTX in 2022.
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