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Business News

Location American Business News for 14 January 2025
Airbnb launches Super PAC to back pro 'short-term rental' candidates in New York Airbnb has launched a Super PAC that will spend $5 million to support candidates for New York City and state legislative office through 2026 who back their agenda of making it easier for homeowners to engage in short-ter...
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XRP rally to $4 possible after XRP/BTC pair clears 30-day resistance level XRP price continues to show strength versus the wider crypto market. Cointelegraph explains why.
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Amazon to end 'Try Before You Buy' option for Prime members The last day eligible customers can place orders using the subscriber benefit is Jan. 31.
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Infowars sale could be near as feuding Sandy Hook families reach deal on dividing bankrupt Alex Jones' assets The disagreement helped scuttle a previous auction of Jones' Infowars company, after the court-appointed bankruptcy trustee decided to sell Infowars to the Onion for $1.75 million with the Connecticut families' backing.
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Millions of customer names and emails were exposed by a 2021 hack.
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Prospect Medical Holdings, hospital network with 182 clinics nationwide, files for bankruptcy Prospect Medical Holdings, the Los Angeles-based healthcare company, cited debts exceeding $400 million in its bankruptcy filing.
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Biden Administration Adds 37 Chinese Companies to Forced Labor List The administration announced it would penalize its largest-ever batch of companies linked to Xinjiang, including major suppliers of critical minerals and textiles.
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Your cash emergency fund probably isn't going to cut it in this economy The amount of time people spend looking for a new job in the U.S. has grown lengthier. Yet most people have not adjusted their savings to account for that.
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Large-cap U.S. stocks may be heading for a lost decade, this contrarian warns. What to buy instead. Contrarian investor Steven Jon Kaplan says he won't be buying large-cap U.S. stocks for a decade possibly, as he sees bubble signs everywhere.
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A $30 million campaign to free social media from billionaire control is now underway The campaign aims to raise $30 million to build an open source social platform free from "billionaire control".
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The chip maker said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management.
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Microsoft lays off employees in security, experiences and devices, sales, and gaming — separate from performance cuts The layoffs are separate from cuts targeting underperforming employees across the company, a spokesperson confirmed.
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LA asset management firms overseeing more than $4T scramble to recover after wildfires Some money managers have lost their headquarters to the crippling flames and are pivoting to remote work, while others have multiple staffers whose homes burnt to the ground.
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Tech leaders face a fork in the AI road: Build or buy? Each has advantages, but avoiding the harder path of building may bite you in the end. Recently, I was invited to speak on stage at Insight Partner's ScaleUp:AI conference for a panel aptly titled "Build versus Buy." It ...
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Investors are gearing up for December's crucial consumer price index to determine the direction of Fed policy.
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Indeed Vet Jessica Jensen is LinkedIn's Latest CMO Jessica Jensen, who served as Indeed's CMO since March of 2021, has been named Chief Marketing and Communications Officer for LinkedIn, the company announced today. Charged with overseeing global marketing, brand and cor...
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Biden issues executive order to advance AI infrastructure Under the new rules, the departments of Defense and Energy will each identify at least three sites where the private sector can build AI data centers. President Joe Biden on Tuesday signed an ambitious executive order on...
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Why investors are lending MicroStrategy billions of dollars at 0% interest so it can buy bitcoin If bitcoin goes to the moon, a niche group of convertible-bond investors will win out. If the crypto tanks, they can ask for their money back early.
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Metaplanet Unveils Bitcoin Magazine to Educate 1 Million People About Bitcoin Bitcoin Magazine aims to aim to equip a minimum of one million Japanese with the knowledge and tools to be a part of the bitcoin revolution. Metaplanet Takes Another Big Step to Advance Bitcoin Adoption Bitcoin Magazine ...
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What U.S. DTC brands should know before launching in Europe Three guidelines for international expansion When a consumer brand finds success in the U.S., international expansion is often waiting right around the corner, promising a wider market with a fresh customer base that jus...
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'Back in Action' director recounts finishing the Netflix movie amid Jamie Foxx's sudden illness: 'A bit of a miracle' Director Seth Gordon recounts the first meeting he had with Jamie Foxx when he returned to set after collapsing while in production on "Back in Action."
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OCC fines three former Wells Fargo executives a combined $18.5 million The Office of the Comptroller of the Currency issued fines amounting to $18.5 million to three former Wells Fargo executives in response to unsafe sales practices from 2013 to 2016.
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