Business News
California man sues 3 Asia banks over $1M pig butchering crypto-fraud scam
Coin Telegraph - 3 Jan 2025 04:54
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.
Why Apple is offering rare iPhone discounts in China
BBC - 3 Jan 2025 05:53
Rival technology giant Huawei has also cut smartphone prices in the run-up to the Lunar New Year holiday.
How to handle a stock market downturn -- without breaking down
Market Watch - 3 Jan 2025 15:05Oil prices on track for solid weekly gains, buoyed by China hopes
Market Watch - 3 Jan 2025 15:02A European region shut down swathes of its economy after Russian gas stopped flowing from Ukraine
Business Insider - 3 Jan 2025 14:36Biden to block $14.9B US Steel sale to Japanese buyer: report
New York Post - 3 Jan 2025 14:07
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.
Binance Gains 21st Regulatory Approval - Crypto Giant Tightens Grip Worldwide
Bitcoin.com - 3 Jan 2025 06:30
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...
Big Banks Flee Climate Coalition Formed to Reduce Carbon Emissions
Wall Street Journal - 3 Jan 2025 06:00
JPMorgan Chase, the last major U.S. bank in the coalition, could also withdraw.
Bitcoin investors pull $331M from BlackRock IBIT ETF in record outflow
Coin Telegraph - 3 Jan 2025 05:17
BlackRock's IBIT has also seen a record three consecutive trading days of outflows.
2 charts show how spending on most kinds of alcohol has declined in recent decades — especially among young adults
Business Insider - 3 Jan 2025 23:52
The US Surgeon General released a report directly linking alcohol to cancer. A BI analysis of alcohol spending shows how consumption has declined.
When it comes to arriving on time, these are the best (and worst) airlines
L.A. Times - 3 Jan 2025 23:45
Aeromexico operates the highest proportion of on-time flights, followed by Saudia and Delta Air Lines, according to a new report.
What Car Sales Can Tell Us About the U.S. Auto Market Right Now
Wall Street Journal - 3 Jan 2025 23:43Tesla Stock Drops 6% on Annual Sales Decline Despite Record Q4 Deliveries as BYD Closes in Fast
IBTimes - 3 Jan 2025 23:42
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...
London Toy Company Poised To Rival Beanie Babies With Fans Like Princess Charlotte And Kylie Jenner
IBTimes - 3 Jan 2025 23:41
Jellycat: Plush toys with a cult following are fetching high prices on resale markets. Some see investment potential; others find comfort.
UK Etsy, eBay, and Vinted Sellers Beware: HMRC Cracking Down On Businesses Earning £1700 And More
IBTimes - 3 Jan 2025 23:41
HMRC is cracking down on online sellers. Platforms like Etsy, eBay, and Vinted must now share data on users earning over £1,700 annually.
Tesla Cybertruck Bomber Was 'Dumped By His Wife For Cheating Six Days Prior To Explosion': What We Know
IBTimes - 3 Jan 2025 23:41
Livelsberger's wife remains shrouded in mystery. Unverified social media posts and online speculation paint a picture of her political views and personal life.
Hedge funds score double-digit returns as 'Trump Trade' helps cap strong year
New York Post - 3 Jan 2025 23:31
The funds on average missed the S&P 500's 23% gain in 2024, but most posted double-digit returns.
Liberty Mutual canceled this Southern California homeowner's policy. Now she's suing
L.A. Times - 3 Jan 2025 23:31
A Southern California homeowner is suing Liberty Mutual for canceling her longstanding insurance policy, accusing the company of dropping her for bogus reasons.
PayPal accused of racial bias against Asian Americans in funding lawsuit: 'Wrong kind of minority'
New York Post - 3 Jan 2025 23:25
The lawsuit is part of a growing push among some conservatives to curtail diversity, equity and inclusion initiatives in corporate America.
The Score: Boeing, Tesla, U.S. Steel and More Stocks That Defined the Week
Wall Street Journal - 3 Jan 2025 23:16
Here are some of the major companies whose stocks moved on the week's news.
Stock market today: Indexes snap a 5-day losing streak as tech stocks surge
Business Insider - 3 Jan 2025 23:13Nuclear stocks jump in the new year as bullish analysts see the AI boom powering the sector
Business Insider - 3 Jan 2025 23:10
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.