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Business News

Location American Business News for 15 November 2024

Why Musk supports Trump getting rid of EV tax credits

Business Insider - 15 Nov 2024 00:28
Why Musk supports Trump getting rid of EV tax credits Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
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JD Sports Redefines Family in Subversive Holiday Campaign Sportswear retailer JD Sports overturns stereotypes of idealized families that are often present in holiday marketing. The brand's global campaign, created by agency Uncommon Creative Studio, documents families and tradi...
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Hacker who stole and laundered billions in bitcoin with wife's help gets 5-year sentence Ilya Lichtenstein, 35, hacked into Bitfinex's network in 2016, using advanced hacking tools and techniques, and stole about 120,000 bitcoin, the feds said.
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Citigroup probed by feds over ties to sanctioned Russian billionaire Suleiman Kerimov: report Kerimov was sanctioned by the US in 2014 and 2018 in response to Russia's actions in Syria and Ukraine.
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Tesla is new pick for Daniel Loeb's Third Point, as hedge fund ditches Uber Out with Uber, in with Tesla for Daniel Loeb's Third Point.
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'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China Michael Burry's Scion Asset Management ramped up its bets on three Chinese tech giants but also hedged its positions.
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Warren Buffett reveals craving for Domino's, while cutting back on Apple -- on Berkshire's investment portfolio Berkshire Hathaway also owned 404,000 shares of Pool, a distributor of swimming pool supplies.
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Retail sales climb again ahead of holiday shopping season. U.S. economy still has momentum. Sales at retailers rose solidly in October and suggested the economy still has plenty of momentum heading into the holiday shopping season.
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U.S. industrial output battered for second month by Boeing strike, hurricanes Production down 0.3% after 0.5% drop in prior month
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55,000 Postal Workers in Canada Strike Over Pay

The New York Times - 15 Nov 2024 14:48
55,000 Postal Workers in Canada Strike Over Pay The union walked out after talks with the country's main mail operator failed. The stoppage could disrupt deliveries before the holidays.
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Gold Edges Higher; Upcoming Data to Determine Sentiment

Wall Street Journal - 15 Nov 2024 02:57
Gold edged higher in early Asian trade, with spot gold up 0.1% at $2566.66/oz.
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Why these 'Trump trade' ETF winners are fading -- and what it says about the financial markets The postelection stock-market rally has started to fade as investors fret over how long the honeymoon could last.
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Here's what the big hedge funds were betting on before Trump's election win Many of the bets have become known as so-called Trump trades, corners of the market that at times were swayed by the Republican candidate's fortunes before the election and notched gains after his win.
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Human in Bear Suit Was Used to Defraud Insurance Companies, Officials Say Footage of a bear rifling through luxury cars was submitted to insurance companies, which paid out $140,000. But something seemed off.
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Warren Buffett's new bets on Domino's and Pool Corp. send those stocks climbing Berkshire Hathaway initiated these new positions during the third quarter even as it cut back its holdings of big names like Apple and Bank of America.
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Boeing was a buy for Soros fund, but Tepper's Appaloosa just dumped it David Tepper's Appaloosa and Soros Fund Management diverge on Boeing Co., securities filings late Thursday show.
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The new law requires large online platforms to remove or label deceptive election content that's been digitally altered or created.
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Best Casper coupon and promo codes we've tested in November 2024 Casper mattress coupons stack with ongoing sales from the brand. Here's the best ones you can use now to save extra on a new bed.
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Ethena adopts fee-sharing proposal for ENA token

Coin Telegraph - 15 Nov 2024 23:55
Ethena adopts fee-sharing proposal for ENA token Now the protocol is working on a value accrual mechanism for ENA stakers.
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Ethena adopts fee-sharing proposal for ENA token

Coin Telegraph - 15 Nov 2024 23:55
Ethena adopts fee-sharing proposal for ENA token Now the protocol is working on a value accrual mechanism for ENA stakers.
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Tether mints $1 billion USDt on Tron, pays zero fees -- Arkham According to stablecoin firm Tether, approximately $127 billion in Tether-USD tokens (USDt) are currently in circulation.
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Elon Musk's DOGE is looking for people to help cut government spending. But is he offering a real job? And is it paid? Elon Musk's Department of Government Efficiency is looking for people to join — but it's not clear if it's a paid role, or if you need X to apply.
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