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Business News

Location American Business News for 3 October 2024
SEC Appeals Ripple Case, Citing Errors in Final Judgment The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, whi...
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HBO Documentary Claims to Reveal the True Identity of Bitcoin's Creator Satoshi Nakamoto According to a Politico report, a new HBO documentary claims to have cracked the mystery behind Bitcoin’s elusive creator, Satoshi Nakamoto. If this revelation gains traction, Politico’s Izabella Kaminska stated it c...
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Cyclones, heatwaves push up insurance cost for India's wind power projects While recent cyclones in Gujarat have damaged wind power projects, there have also been cases of windmills catching fire in Rajasthan amid heatwaves.
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OpenAI is now worth more than 87% of S&P 500 companies. It faces a tough test ahead. OpenAI just became one of the highest-valued privately held companies with its latest funding round, but it has a lot to live up to, amid ever- increasing competition.
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The man behind Japan's $170bn bid to prop up the yen Mastao Kanda unleashed an estimated 25 trillion yen to support the currency when it slumped against the dollar.
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Oil shock? How OPEC+ could soften the blow if the Middle East conflict hits supply. The market has a not-so-secret cushion should Israel target Iran's oil industry.
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Oil up a third straight session as traders await Israel's response to Iranian attack Oil futures rose Thursday, looking to tally a third straight session gain as traders awaited Israel's response to a missile barrage earlier this week by Iran amid concerns of a wider Middle East conflict that could disru...
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Dick's Sporting Goods hiring 8,000 seasonal workers -- about 600 fewer than last year Retailer plans to hold its "National Signing Day" event on Tuesday to recruit seasonal employees.
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Factory orders drop in August, the third decline in the past four months Orders for manufactured goods fell 0.2% in August after a strong gain in the prior month, the Commerce Department said Thursday. It is the third decline in orders in the past four months.
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Yen Unlikely to Stay Under Selling Pressure for Long

Wall Street Journal - 3 Oct 2024 02:40
The yen has weakened due to receding expectations for an imminent BOJ rate hike, but the Japanese currency is unlikely to continue to be sold off one-sidedly, said Sony Financial Group.
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Gold Edges Higher in Likely Technical Recovery

Wall Street Journal - 3 Oct 2024 02:24
Gold edged higher in early Asian trade in a likely technical recovery.
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Banks to put four-day hold on suspicious payments Rules allowing banks to delay payments to investigate fraud will come into force at the end of October.
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How the U.S.-Israel Relationship Actually Works

The New Yorker - 3 Oct 2024 22:15
What does the Biden Administration want Netanyahu to do in Lebanon and Gaza?
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How to watch Mets vs. Brewers: Live stream final MLB Wild Card game The New York Mets and Milwaukee Brewers will compete in the final MLB Wild Card game of the season. Learn how to watch the Mets vs. Brewers at home.
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One of Iran's most advanced missiles made an appearance in its massive attack on Israel Iran claimed it launched the Fattah missile for the first time on Tuesday. It has described this weapon as hypersonic.
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Israel launched an airstrike on a Beirut neighborhood on Thursday, killing nine people.
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"The continued softer trend now appears to position Tesla to potentially not grow full year unit volumes for the first time in its history," JPMorgan said.
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Adam Neumann's new startup is reworking WeWork's old business model Adam Neumann's residential real estate startup Flow is getting into the shared coworking business, Bloomberg reports.
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Striking dockworkers can make six-figure salaries without a college degree. So do these other blue-collar jobs. Some workers at the country's busiest ports make upward of $200,000. Here are similar jobs that don't require a bachelor's degree.
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Rebirth at Kohl's: Retailer Brings Back Beloved Babies 'R' Us Registry Expectant parents, rejoice! After announcing its new in-store partnership with Babies 'R' Us, Kohl's is bringing back the retailer's beloved baby registry. Expectant families can build, manage and share their wish lists ...
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Home Depot Launches Self-Service Ads Platform, Orange Access The Home Depot's ads business, named Orange Apron Media, has launched a self-service platform that lets advertisers buy ads that run on The Home Depot's ecommerce site and on other publishers' websites. The new platform,...
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COPA, Unified Patents Partner to Fight Crypto Patent Trolls The Cryptocurrency Open Patent Alliance has partnered with Unified Patents to launch Blockchain Zone, an initiative aimed at combating patent trolls in the crypto industry. The partnership seeks to protect blockchain and...
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