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Business News

Location American Business News for 16 January 2025
After emerging from Chapter 11 bankruptcy last April, the crafts and fabric supplier Joann has filed for bankruptcy again amid sales troubles and inventory challenges.
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What's the secret to Denmark's happy work-life balance? The Nordic nation doesn't require staff to work long hours and has a generous welfare system.
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Malaysia wants to become Asia's Silicon Valley. This time, investors and founders say it's got a shot. As Malaysia exits an era of political turmoil, its fifth prime minister in the last six years is pushing to transform the country into a tech hub.
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Trump reportedly 'receptive' to strategic reserve with US-based cryptos US President-elect Donald Trump is reportedly open to establishing a strategic reserve that would include US-founded cryptocurrencies.
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Train firms urged to give 'yellow cards' instead of fines A rail watchdog wants passengers who make genuine mistakes to be treated more fairly.
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The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.
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Drake sues Universal Music Group, his own label, amid Kendrick Lamar diss track feud Drake filed a lawsuit against Universal Music Group, his own label, alleging defamation.
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Nikkei May Rise as Concerns About Borrowing Costs Ease

Wall Street Journal - 16 Jan 2025 01:47
Japanese stocks may rise as concerns about borrowing costs ease following softer-than-expected U.S. core inflation data.
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State Farm, California's largest home insurer, said Wednesday that it will offer renewals to all L.A. County residential policyholders affected by the fires.
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As Chinese app RedNote rises to the top of the US app charts, it could face the same divestiture pressure as TikTok.
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DuPont brings a twist to its spinoff plans

Market Watch - 16 Jan 2025 00:14
DuPont brings a twist to its spinoff plans The chemicals giant said late Wednesday that it would keep its water-filtration business after all.
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Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Express Marketplace for cyber-scammers launches its own stablecoin, Sony L2 collides with reality, Lazarus stole $650M crypto in 2024. Asia Express.
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Stablecoin for cyber-scammers launches, Sony L2 drama: Asia Express Marketplace for cyber-scammers launches its own stablecoin, Sony L2 collides with reality, Lazarus stole $650M crypto in 2024. Asia Express.
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Early adopters like Couchbase are already seeing significant price-performance gains with Google Cloud's new VMs.
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With full speed ahead on AI investment, does ROI matter? Whether companies are overspending on artificial intelligence depends on your view of the bigger picture. In the great AI spending spree, does ROI matter?
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Biden's final student-loan forgiveness action has arrived

Business Insider - 16 Jan 2025 23:46
In Biden's last announcement on student-loan forgiveness, he canceled over $600 million in debt for nearly 9,000 borrowers.
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Modular design makes tech personal (and repairable)

Fast Company - 16 Jan 2025 23:45
Modular design makes tech personal (and repairable) Modular design is reaching new audiences by letting users build systems that are suited to their unique needs and can evolve. Decades before the first personal computer hit the shelves, American industrial designer Brook...
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Biden's cybersecurity order could help banks deter fraud

American Banker - 16 Jan 2025 23:38
Biden's cybersecurity order could help banks deter fraud The order calls on federal agencies to support more forms of digital identity documents and could lead more states to adopt digital driver's licenses.
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That big one-day stock-market surge we just had? Don't make too much of it. Price spikes happen in bear markets more often than in bull markets.
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Forecasters think renting will be cheaper than buying a home this year. What does this mean for those who were planning to buy in 2025?
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NFL and Bleacher Report Team Up for Content Rights and Super Bowl Coverage The NFL is adding Bleacher Report to its team this offseason with a multiyear deal that hopes to turn the Warner Bros. Discovery digital platform's audience and content, as well as the league's highlights and sponsors, i...
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I ate at the only 4 Michelin-starred barbecue joints in Texas, and there's one I can't wait to go back to I compared all the Michelin-starred barbecue spots in Texas: La Barbecue, InterStellar BBQ, LeRoy and Lewis Barbecue, CorkScrew BBQ to find the best.
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