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Business News

Location American Business News for 18 January 2025
JPMorgan Chase 'dark horse' exec Doug Petno among top three contenders to succeed CEO Jamie Dimon: report Doug Petno, Troy Rohrbaugh and Marianne Lake are the three top contenders to succeed JPMorgan Chase CEO Jamie Dimon, according to a report.
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Verizon's latest survey reveals a surge in AI adoption among small businesses, alongside increased tech investments to address challenges and drive growth.
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Major Swiss Bank Expands Crypto Offerings With Ethereum Staking Swiss state-owned bank Post Finance AG has expanded its digital-asset offering by introducing staking for ethereum (ETH), allowing holders to earn passive income. The bank plans to add staking for other tokens soon. Post...
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Trump's Meme Coin Mania: $4B Valuation Propels Presidential Crypto to Center Stage Following former President Donald Trump's latest venture into the world of cryptocurrency, his Solana-based meme coin has swiftly become the focal point of widespread discussion. With a current market capitalization of $...
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Elon Musk has his work cut out for him as DOGE kicks into gear. Many shareholders aren't worried about him losing focus on Tesla.
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JPMorgan Chase is the best performer among U.S. banks. What that means for investors. Now that the largest six U.S. banks have reported their fourth-quarter results, it is clear that investors are continuing to celebrate the group's performance. And although the banks have varying business models, a compa...
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Microstrategy to Issue Additional Shares to Fund Bitcoin Purchase Microstrategy plans to use unique shares expansion model to raise more funds for the acquisition of bitcoin. Michael Saylor Still Wants More Bitcoin Microstrategy intends to expand its authorized class A common stock fro...
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TikTok says it will go dark Sunday unless Biden admin assures service providers they won't be punished The statement came hours after the Supreme Court upheld a law banning TikTok in the United States on national security grounds if its Chinese parent company ByteDance does not sell it.
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The Man Making Billions From the Wildest Bitcoin Bet

Wall Street Journal - 18 Jan 2025 04:00
MicroStrategy's Michael Saylor is buying as much of the cryptocurrency as he can. Some big-name investors are going along for the ride.
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ScoutLogic's study reveals job seekers in 2024 prioritize travel opportunities, flexibility, and personal development over traditional benefits like retirement plans and stock options.
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Ethereum Slips Further Behind as Competitors Steal the Spotlight As the global cryptocurrency market capitalization expands to $3.59 trillion, the second-largest digital asset, ethereum (ETH), has struggled to keep pace with its peers. Over the past six months, its performance has lag...
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Steak 'n Shake to cook fries in beef tallow: 'Authentic way' The iconic burger joint is making the switch to tallow.
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SEC charges against Elon Musk rocked Wall Street -- but is the tech CEO a victim of lawfare? As a CEO of a public company, there are certain things you  need to know from day one.
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TRUMP memecoin makes record price run, possibly multiplying Donald Trump's net worth by 5x The "official" TRUMP memecoin has seen almost $10 billion in trading volume in less than 24 hours, and the rally looks set to continue.
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Trump launches surprise meme coin -- sparking buying frenzy days before inauguration A poster advertising the coins shows a much-slimmer-looking Trump with his fist raised in an apparent reference to his assassination attempt.
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Tether Confirms Skyscraper Construction in El Salvador Paolo Ardoino, CEO of Tether, the issuer of USDT and one of the larger companies in the crypto space, has confirmed plans to physically relocate part of its operations to El Salvador besides moving its headquarters to th...
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Anthropomorphizing AI creates dangerous blind spots in business decision-making beyond simple operational inefficiencies.
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Five major banks will offer homeowners up to three months of forbearance on mortgage payments in areas devastated by the Southern California wildfires.
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Capital One Customers Complain of Being Locked Out of Accounts The company said a technical issue with a third-party vendor was to blame for a disruption with deposits and payment processing that stretched into the weekend.
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I've traveled and worked remotely for years. My parents thought it was reckless, but my mom just quit her job to do the same. When I quit my job to work remotely, my parents worried and thought it was an unstable career move. Years later, my mom is following in my footsteps.
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Vitalik Buterin announces leadership changes for Ethereum Foundation "People seeking a different vision are welcome to start their own organizations," Buterin wrote in a January 18 social media post.
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NFT Sales Hit $156M as Ethereum and Azuki Steal the Spotlight Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10-17, 2025. Over this period, aggregat...
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