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Business News

Location American Business News for 7 January 2025
Micron's stock looks like a winner after Nvidia CEO Jensen Huang's CES keynote Huang's hotly anticipated speech brought mention that Micron is providing memory for new Blackwell gaming chips.
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US says tech giant Tencent works with Chinese military The Chinese embassy in Washington called the decision "unreasonable suppression of Chinese companies".
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Party City to auction off leases to all 695 US stores as it goes out of business Of the retail company's 850 outlets, a staggering 695 are in the United States. The remaining 155 stores are spread throughout Canada, Puerto Rico, and Mexico.
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German Bionic, a pioneer in robotic exoskeleton technology, unveiled its Apogee Ultra exoskeleton to help workers with hard physical jobs.
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Trump confronts high trade deficits again as he weighs tariffs. But there's no quick fix. The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that's almost twice as high as when he first took office as president eight years ago.
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Getty Images, Shutterstock agree to merge in $3.7B deal as AI competition heats up News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a share on Monday.
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The world's largest EV battery maker was just added to a Pentagon blacklist. Here's what it means. The Department of Defence added battery giant CATL to its list of "Chinese military companies" operating in the United States on Monday.
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Meta platforms ditching third party fact-checking Facebook and Instagram will instead rely on "community notes" from its users, an approached pioneered by X.
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Boeing needs to start designing a new plane soon to help turn things around, former CEO says Phil Condit, Boeing's CEO from 1996 to 2003, told The Wall Street Journal that the company should start designing a new plane as soon as possible.
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Brad Garlinghouse Declares 'Trump Bull Market Is Real' as Ripple Roars Back to US "The Trump bull market is real," Ripple's CEO declared, pointing to skyrocketing U.S. hires and deals as crypto's explosive comeback accelerates under the new administration. Ripple CEO: Crypto’s New Era Is Here and Tr...
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Week of Dec. 30 Morning News Ratings: Today Leads During the Final Days of 2024 NBC News' Today remained in first place in total viewers and the advertiser-coveted demo of Adults 25-54 during the week of Dec. 30. But the morning show race was tighter during the final days of 2024 as only 8,000 total...
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Call for Nominations: The Inaugural AI Trailblazers Power 100 ADWEEK has partnered with AI Trailblazers to present the inaugural AI Trailblazers Power 100 list. We're seeking nominations to highlight the talent helping drive AI innovation forward in the marketing and advertising in...
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Basic Materials Roundup: Market Talk

Wall Street Journal - 7 Jan 2025 23:55
Basic Materials Roundup: Market Talk Find insight on gold prices, palm oil prices, metals demand and more in the latest Market Talks covering Basic Materials.
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Energy & Utilities Roundup: Market Talk

Wall Street Journal - 7 Jan 2025 23:52
Energy & Utilities Roundup: Market Talk Read about oil prices, Phillips 66, PTT Global Chemical and more in the latest Market Talks covering Energy and Utilities.
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3 reasons Trump keeps floating U.S. control of Greenland -- including one tied to tax cuts Here's why President-elect Donald Trump keeps talking about one idea from his first term in office -- getting control of Greenland, the giant territory controlled by Denmark.
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Palantir's stock sees sharpest drop since May as momentum cools Bears criticized Palantir's valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?
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According to Meta, memory layers may be the the answer to LLM hallucinations as they don't require huge compute resources at inference time.
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Multicoin Capital eyeing AI agents, institutional 'frenzy' in 2025 The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent "alpha hunters."
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Multicoin Capital eyeing AI agents, institutional 'frenzy' in 2025 The venture firm expects 2025 to see a proliferation of tokenized securities and the emergence of AI agent "alpha hunters."
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Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul The changes included allowing users to share "allegations of mental illness or abnormality when based on gender or sexual orientation."
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5 times entire towns were found buried

Business Insider - 7 Jan 2025 23:33
5 times entire towns were found buried Dirt, ice, and greenery can all conceal hidden or forgotten cities. Here are five cities that were rediscovered through technology or by chance.
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Disney's stock gets upgrade amid content 'renaissance' and streaming profit growth Walt Disney Co.'s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.
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