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Business News

Location American Business News for 14 November 2024
Why one economist says Elon Musk could hold the key to lower mortgage rates Could Elon Musk hold the key to lower mortgage rates?
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Here's how tariffs can be implemented without rocking markets, Trump-friendly strategist says A senior hedge-fund strategist argues the Trump administration can have its tariff cake and eat it too.
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Vanguard Group increases GameStop position, surpassing CEO Ryan Cohen's stake The asset-management giant has grown its stake in videogame retailer and original meme stock.
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Ben & Jerry's Accuses Unilever of Seeking to Muzzle Its Gaza Stance The ice cream maker claimed in a lawsuit that its parent company tried to stop it from expressing support for Palestinian refugees.
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EU fines Meta €797 mn over abusive practices benefiting Facebook Marketplace Meta Platforms said it will appeal the decision as the EU has offered no evidence of harm to competitors or consumers
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Disney's stock surges as streaming profits grow and film releases shine "Inside Out 2" and "Deadpool & Wolverine" were big winners for Disney in the latest quarter.
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Oil Edges Lower; Eyes on Global Demand Forecast

Wall Street Journal - 14 Nov 2024 03:48
Oil prices were lower in early Asian trade. Investors were still digesting OPEC's recent move to cut its forecast for global oil demand, ANZ Research said.
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DOGE Unleashed: Elon Musk Takes on Trump's Quest to Slash Regulations President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead DOGE, tasked with dismantling bureaucracy, slashing regulations, and restructuring federal agencies. Trump Appoints Elon Musk and Vivek Ram...
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EverBank joins California's latest gold rush

American Banker - 14 Nov 2024 02:18
EverBank joins California's latest gold rush California's banking market, shaken up by big acquisitions and last year's crisis, is drawing financial institutions seeking opportunity.
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Cisco reported better-than-expected results for the latest quarter but revenue continues to shrink.
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FBI Raids Polymarket CEO's Home, Seizes Devices Amid Trump Bet Controversy The FBI reportedly raided the Manhattan apartment of Shayne Coplan, CEO of betting platform Polymarket, early Wednesday. The raid followed Polymarket's accurate prediction of Donald Trump's 2024 presidential victory, a r...
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Russia and China Join Forces to Prevent Global Crisis, Experts Say China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of t...
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What would Matt Gaetz as attorney general mean for banks?

American Banker - 14 Nov 2024 23:57
What would Matt Gaetz as attorney general mean for banks? Rep. Matt Gaetz, R-Fla., whose chances of getting confirmed as attorney general are unclear in the wake of allegations of sex trafficking and a House ethics probe against him, cuts a more populist profile than many expec...
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Robert F. Kennedy Jr. has promised to "make America healthy again." What does that actually mean? Here's everything he promises to do.
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Amazon's new discount section 'Haul' looks like a Temu version of Temu Amazon's Haul feels like a cheaper, crummier version of the cheap and crummy Temu. That might change, but for now, I was disappointed.
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Arkham launches points program to woo derivatives traders The program will last for 30 days and points will be convertible to Arkham's native token, ARKM.
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Arkham launches points program to woo derivatives traders The program will last for 30 days and points will be convertible to Arkham's native token, ARKM.
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I'm a chef with over 15 years of experience. Everyone should know this recipe for twice-baked potatoes. According to this chef, this is the best stuffed-potato recipe everyone should know how to make — a tasty and versatile side dish to pair with dinner.
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The first Proud Boys to seek pardons are bypassing DOJ, which Matt Gaetz was tapped to lead.
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Vaccine-maker stocks like Moderna, Pfizer drop as Trump picks RFK Jr. to lead HHS Shares of vaccine makers lost ground Thursday, hit by news that President-elect Donald Trump was naming vaccine skeptic and former presidential hopeful Robert F. Kennedy Jr. as his pick to lead the U.S. Department of Hea...
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5 signs it could be time to lower your contact with a parent Unlike going no-contact, a low-contact relationship allows you to set boundaries and reduce communication without becoming fully estranged.
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Bob's Red Mill is owned by its 700 employees. Its CEO says that is key to its success. Bob's Red Mill CEO Trey Winthrop said being employee-owned, with an ESOP, boosts employee engagement and helped transition after Bob Moore's death.
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