Business News
Warner Music slashing 750 jobs -- or 13% of workforce -- in major restructuring
New York Post - 20 Sep 2024 01:33
In February, Warner Music, home to artists such as Dua Lipa and Teddy Swims, said that it would cut 600 employees - about 10% of its workforce.
Economy worries swirl after 'painful' Budget warning
BBC - 20 Sep 2024 02:54
Some economists have linked a drop in consumer confidence to officials' warnings of a painful Budget.
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Business Insider - 20 Sep 2024 02:16Nike's shares are rallying after it named a new CEO. One analyst says it still has work to do.
Market Watch - 20 Sep 2024 00:46Harrods Will Be Sued by Mohamed al-Fayed's Alleged Victims, Lawyers Say
The New York Times - 20 Sep 2024 16:13
Attorneys for 37 women said they would sue Harrods, the luxury department store, over the rape and sexual assault they say its former owner committed.
Microstrategy Acquires 7,420 Bitcoin, Firm Now Holds 252,220 BTC
Bitcoin.com - 20 Sep 2024 16:03
Microstrategy, led by Michael Saylor, has just completed a billion-dollar private offering before acquiring 7,420 bitcoin for approximately $458.2 million at an average price of $61,750 per coin. The company now holds 25...
Stocks at risk of a bubble after Fed's jumbo rate cut, BofA strategist says
Market Watch - 20 Sep 2024 15:06The Fed spurred a big rally in Nvidia and other chip stocks. Is it sustainable?
Market Watch - 20 Sep 2024 14:40Three Mile Island nuclear plant to reopen — to power Microsoft's AI push
Business Insider - 20 Sep 2024 14:37Trump suggests capping annual credit card interest rates at 10% -- but critics fear 'price controls'
New York Post - 20 Sep 2024 00:58
"Trump just proposed his own version of price controls," one economist said.
Nike boss steps down as company veteran returns
BBC - 20 Sep 2024 00:23
The company looks to shake things up as demand for its trainers falters in international markets.
Blackrock's Ishares Bitcoin Options Get the SEC Green Light
Bitcoin.com - 20 Sep 2024 23:59
The U.S. Securities and Exchange Commission (SEC) has granted approval for the listing and trading of options on the Ishares Bitcoin Trust (IBIT), a product by Blackrock. This decision introduces a new financial instrume...
Everything to know about Adam Pearson, Sebastian Stan's scene-stealing costar in the A24 thriller 'A Different Man'
Business Insider - 20 Sep 2024 23:53
Disability rights campaigner Adam Pearson stars alongside Sebastian Stan in A24's new movie "A Different Man." Here's what to know about him.
Solana prepares for possible 'sizable' move after defending $120 support
Coin Telegraph - 20 Sep 2024 23:45
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
US Navy's new submarines are 'in crisis' as costs balloon by $17 billion, lawmaker says
Business Insider - 20 Sep 2024 23:44Top Fed official warns jumbo rate cut is declaring victory over inflation too soon
New York Post - 20 Sep 2024 23:43
JP Morgan Chase CEO Jamie Dimon echoed Bowman's fears, saying he wouldn't "count my eggs" that the rate cuts will deliver the US economy a soft landing.
Tech giants desperate to power AI data centers are turning to nuclear disaster sites -- despite the risks
Market Watch - 20 Sep 2024 23:42The Score: Intuitive Machines, Intel, Nike and More Stocks That Defined the Week
Wall Street Journal - 20 Sep 2024 23:38
Here are some of the major companies whose stocks moved on the week's news.
Dragon Age looks better, plays better than ever in The Veilguard
Venture Beat - 20 Sep 2024 23:34
GamesBeat's Rachel Kaser got to play several hours of Dragon Age: The Veilguard -- and the gameplay is the shot in the arm the series needs.
Intel jumps after WSJ reports Qualcomm approached the struggling chipmaker about a deal
Business Insider - 20 Sep 2024 23:34Gold's Bull Rally Continues as Interest Rates Get Deep Cuts
Bitcoin.com - 20 Sep 2024 23:30
The gold bull rally continued this Wednesday, as prices in COMEX reached all-time highs, surpassing $2,625 per ounce. Prices slingshotted up after the Federal Reserve announced larger interest rate cuts than some economi...
Qualcomm Approached Intel About a Takeover in Recent Days
Wall Street Journal - 20 Sep 2024 23:29
A deal for Intel would be massive and come at a time when the chip maker is sputtering.