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Business News

Location American Business News for 3 January 2025
California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam California resident Ken Liem has accused three banks of failing to perform adequate checks that could have blocked the scammers from opening accounts in the first place.
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Why Apple is offering rare iPhone discounts in China Rival technology giant Huawei has also cut smartphone prices in the run-up to the Lunar New Year holiday.
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How to handle a stock market downturn -- without breaking down Are you an optimist or a pessimist? Try this experiment.
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Oil prices on track for solid weekly gains, buoyed by China hopes Oil futures were off slightly early Friday, but on track for solid gains in a holiday-shortened week, buoyed by optimism over plans by China, the world's largest crude importer, to boost its economy.
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A European region shut down swathes of its economy after Russian gas stopped flowing from Ukraine Industrial production has screeched to a halt in Transnistria, a breakaway region of Europe, after Russian gas flows through Ukraine came to an end.
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Biden to block $14.9B US Steel sale to Japanese buyer: report The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach a consensus.
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Binance Gains 21st Regulatory Approval - Crypto Giant Tightens Grip Worldwide Binance has secured its 21st regulatory approval with Brazil's central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance W...
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JPMorgan Chase, the last major U.S. bank in the coalition, could also withdraw.
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Bitcoin investors pull $331M from BlackRock IBIT ETF in record outflow BlackRock's IBIT has also seen a record three consecutive trading days of outflows.
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The US Surgeon General released a report directly linking alcohol to cancer. A BI analysis of alcohol spending shows how consumption has declined.
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Aeromexico operates the highest proportion of on-time flights, followed by Saudia and Delta Air Lines, according to a new report.
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What Car Sales Can Tell Us About the U.S. Auto Market Right Now Demand for pickup trucks and hybrid vehicles helped automakers increase deliveries, but challenges loom for 2025.
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Tesla's drop in annual sales marks the first year-over-year decline. However, analysts think the launch of Tesla's lower-priced EV this year, the growing uptake of its full self-driving software, and the robotaxi testing...
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Jellycat: Plush toys with a cult following are fetching high prices on resale markets. Some see investment potential; others find comfort.
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HMRC is cracking down on online sellers. Platforms like Etsy, eBay, and Vinted must now share data on users earning over £1,700 annually.
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Livelsberger's wife remains shrouded in mystery. Unverified social media posts and online speculation paint a picture of her political views and personal life.
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Hedge funds score double-digit returns as 'Trump Trade' helps cap strong year The funds on average missed the S&P 500's 23% gain in 2024, but most posted double-digit returns.
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A Southern California homeowner is suing Liberty Mutual for canceling her longstanding insurance policy, accusing the company of dropping her for bogus reasons.
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PayPal accused of racial bias against Asian Americans in funding lawsuit: 'Wrong kind of minority' The lawsuit is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.
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Here are some of the major companies whose stocks moved on the week's news.
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Stock market today: Indexes snap a 5-day losing streak as tech stocks surge Stocks hit session highs around the same time Congressman Mike Johnson was reelected as Speaker of the House.
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Constellation Energy's $1 billion deal with the US government is a positive sign for further nuclear deals to power AI data centers in 2025, analysts say.
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