Business News

PayPal now allows U.S. business accounts to buy, hold, sell, and externally transfer cryptocurrency, expanding its digital currency capabilities for merchants.

Tesla stock soared after profit beat estimates and guidance was strong for 2025. Analysts see the report as a turning point after a tough first half.

Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted ...

The consulting sector is facing falling demand and Big Four consultancies including EY and Deloitte are shedding staff in response.

UPS's stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

The U.S. economy got off to a good start in the fourth quarter, a pair of S&P surveys found, and pointed toward steady growth at the tail end of the year.

Southwest reported a relatively big revenue beat and reached an agreement with activist investor Elliott to add new board members.

Oil rose on reports of conflict in the Middle East, which could lead to supply disruptions in the region.

Gold rose in the early morning Asian session on a possible technical recovery.

India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.

India considers new ban on crypto to support the digital rupee, and North Korean hackers are suspected to be behind two recent attacks.

A federal judge on Thursday blocked Tapestry Inc.'s planned $8.5 billion acquisition of Capri Holdings, agreeing with regulators that the deal would hurt competition in the handbag industry.

Mohawk Industries' product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.

Celebrity endorsements probably don't make much of a difference, experts told BI, but in a historically tight race there could be caveats.

LiveIntent has laid off 35 people, according to a warn notice filed this week with the New York State Department of Labor. The data and identity company was acquired by Zeta Global for $250 million in a deal that closed ...

The credit card heavyweight outpaced analysts' profitability expectations in the third quarter, but its pending acquisition of Discover Financial Services faces a new potential obstacle.

"Taken" star Liam Neeson recently revealed he's no longer looking for a romantic partner. He was married to Natasha Richardson until her death in 2009.

A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be just OK for crypto.

Tesla added $150 billion in market cap -- more than the combined value of Ford, GM and Stellantis -- as analysts cheered the growth forecast and increasing transparency.

Deckers Outdoor also guided for a 12% sales increase for fiscal 2025.

The companies argued the deal was needed to fight back against European players like Gucci, which are increasingly grabbing market share.

Dexcom shares fell on Thursday after the company released third-quarter results that showed slow revenue growth