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Business News

Location American Business News for 17 September 2024
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct econom...
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UBS Expects Higher Gold Prices as US Dollar Weakens -- 'Gold's Rally Has Further to Run' Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “...
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Publishers try skinnier books to save money and emissions Subtle changes to the font can make books much slimmer and lighter - saving money and CO2 emissions.
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Why Intel's latest move for its foundry business is so significant Intel Corp.'s plans to create an independent subsidiary for its foundry business was a much-needed move aimed at convincing potential customers that they can trust their chip designs with a competitor's manufacturing arm...
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Amazon wants fewer managers. A leaked document explains how it plans to meet this goal. The document states the plan may result in role eliminations as "organizations may identify roles that are no longer required."
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Winklevoss Twins' Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi His donation is the first bitcoin gift that the college has received, and will fund new business programs
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US retail sales unexpectedly rise, lowering odds for big rate cut Data released on Tuesday by the Commerce Department showed that the value of retail purchases rose 0.1% in August -- below analyst estimates of 0.2%.
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Tony Robbins Backs the Estate, a Chain of Luxury Wellness Resorts The self-help guru is joining the hotel mogul Sam Nazarian to open a chain of luxury preventive-medicine resorts, aiming for a slice of the $5.6 trillion wellness industry.
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UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
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Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay of...
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Richard Branson, business leaders renew call to end 'inhumane' death penalty ahead of scheduled executions In a new video campaign, the Virgin Galactic founder called on business leaders to "be a voice for change" and sign the Business Leaders' Declaration Against the Death Penalty.
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Snap unveils $1,200 high-tech glasses that will let you alter reality in bid to win tech race Snap partnered with chipmaker Qualcomm and OpenAI's ChatGPT to create the AR Spectacles, which allow users to place digital images and filters onto the real world through the lenses.
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Critical Role just made a major nerd world power move

Business Insider - 17 Sep 2024 23:45
Critical Role just made a major nerd world power move Critical Role just launched its "Daggerheart" board game preorders in a surprise move that coincides with the launch of D&D's new players' handbook.
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Sean 'Diddy' Combs Charged With Multiple Counts of Sex Trafficking, Racketeering Prosecutors allege Combs repeatedly abused and assaulted women, according to an indictment.
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BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per sh...
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Bitcoin's 'local market structure' could push BTC price to new all-time high -- Analysts Analysts say Bitcoin's recent price action could be a sign that the path to new all-time highs has begun.
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BlackRock, Global Infrastructure Partners, Microsoft, MGX Launch AI Partnership The partnership, called the Global AI Infrastructure Investment Partnership, will additionally build out energy infrastructure to create power sources for the facilities, the companies said.
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Dirt Research Technologies has raised $2 million for its sensor-based neuroscience to identify attention-demanding content.
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Musk Vows Legal Action After FAA Urges Fines Against SpaceX

Wall Street Journal - 17 Sep 2024 23:33
Musk Vows Legal Action After FAA Urges Fines Against SpaceX The rocket company's CEO accuses the Federal Aviation Administration of "regulatory overreach" after the agency alleges the company violated launch regulations.
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In interviews with the NABJ, Trump sparked outrage while Harris stayed poised. Yet both failed to detail how they'll actually enact economic change.
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Treasury's Liang floats recurring leverage ratio relief

American Banker - 17 Sep 2024 23:27
Treasury's Liang floats recurring leverage ratio relief Nellie Liang urges regulators to consider adjusting leverage rules to boost liquidity during stress periods, including leaving central bank reserves out of supplemental leverage ratio calculations.
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I've tested dozens of denim brands as a style editor, but I pretty much only buy jeans from Everlane As a style editor, my friends always ask me where to buy jeans, and I always tell them to start with Everlane.
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