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Business News

Location American Business News for 24 January 2025
Google agrees to crack down on fake reviews for UK businesses Tech company will issue 'warning' alerts on profiles of firms that manipulate star ratings, says CMA Business live - latest updates Google has agreed to do more to identify and remove fake reviews, including sanctioning ...
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Texas Instruments finally sees growth on the horizon, but it's a slow recovery The semiconductor company predicts a return to growth after more than two years of revenue declines, but the industrial and automotive markets have yet to bottom.
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Oil Futures Drop After Trump Asks OPEC to Slash Prices

Wall Street Journal - 24 Jan 2025 03:17
Oil futures were lower in early Asian trading after President Trump said he wants crude prices to be lower, ANZ research analysts said.
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UnitedHealthcare names new boss after former CEO killed The company's former chief executive Brian Thompson was shot and killed in December.
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Nikkei Rises 0.4%, Led by Game, Pharma Stocks

Wall Street Journal - 24 Jan 2025 02:38
Japanese stocks were higher in early trade, led by gains in videogame and pharmaceutical stocks, after the S&P 500 hit a record high overnight.
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JPMorgan CEO Jamie Dimon was paid $39M in 2024 -- a massive $3M raise The pay package included a base salary of $1.5 million and $37.5 million in incentives.
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Donald Trump says he isn't bothered by Elon Musk's Stargate criticism as the CEO 'hates one of the people in the deal' Donald Trump said he isn't bothered by Elon Musk's criticism of his Stargate AI infrastructure deal, which includes Musk rival Sam Altman.
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Ledger Co-Founder Kidnapped and Released After Intense Rescue Mission David Balland was found alive on Wednesday evening after a harrowing two-day manhunt conducted by France’s elite police tactical unit Groupe d’intervention de la Gendarmerie nationale (GIGN). David Balland Rescued Af...
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Ozempic maker's stock surges. A trial of a new Novo Nordisk drug shows promise. Novo Nordisk shares jumped on Friday as the Danish drugmaker said an experimental drug was able to reduce weight by as much as 22%.
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Davos 2025: Trump may create US sovereign fund to snap up TikTok from ByteDance: sources The bankers definitely want in despite this being a heavy lift because the fees on an estimated $20-plus billion deal could be pretty rich.
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NATO turns to sea drones to defend its fragile undersea cable network The drones will be used to monitor the cables and prevent sabotage.
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World's Oldest Bank Joins Rush to Consolidate European Lending

Wall Street Journal - 24 Jan 2025 14:46
Monte dei Paschi launched a near-$14 billion offer to buy counterpart Mediobanca, a fresh twist in the consolidation of Italy's crowded banking market.
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Tesla sales in Europe are sliding. That's a problem for Elon Musk. The automaker saw sales of its EVs drop 13% in the European Union in 2024, and is facing growing pressure as rivals launch a wave of cheaper EVs.
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Twilio hits a milestone and cheers a big AI moment for customer communications Twilio's stock is surging after the company gave upbeat initial results and talked up its long-term opportunity.
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How sidestepping Big Tech has paid off lately in these stock ETFs ETFs that help investors minimize the heft of Big Tech stocks, or altogether avoid seven closely watched megacap companies, have outperformed in the past month.
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Justice Dept. Cancels Entry-Level Job Offers in Honors Program The move was part of a domino effect initiated by President Trump's enactment of a 90-day federal hiring freeze.
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Trump shakes up globalists at Davos summit -- instilling fear and relief while showing Sleepy Joe's no longer at the wheel He wasn't here in person, but The Donald dominated every conversation -- and not always in a bad way, even given his America First agenda.
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Trump Lashes Out at Bank of America Over Treatment of Conservatives The president revived Republican criticisms over purportedly politically motivated "debanking," or closing of customer bank accounts.
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BMW trolled after announcing it's 'no longer posting' on X: 'Becoming More Woke' German car maker BMW's UK division got trolled by X users on Thursday after abruptly announcing that it was "no longer posting" on the platform
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Walt Disney Co. Chief Executive Bob Iger was paid $41 million last year, up from the $31 million he made in 2023. Iger has long ranked among the highest paid media CEOs.
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Boeing warns investors to brace for steeper quarterly losses, lower revenue Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
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Wall Street banks to sell billions in loans given to Elon Musk for purchase of X Banks are hoping to sell the X debt at around 90 to 95 cents on the dollar.
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