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Business News

Location American Business News for 25 January 2025
Nasdaq seeks amendment to BlackRock's Bitcoin ETF for in-kind redemptions The in-kind redemption model is seen as a more efficient option for the spot Bitcoin ETF and should have been allowed from "the get-go," says an ETF analyst.
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Starbucks' new CEO made nearly $100 million in his first four months running the company —here's what's included in his pay package Brian Niccol became Starbucks' CEO in September. By the end of 2024, he'd earned nearly $100 million running the coffee giant, new filings say.
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Target joins Walmart in pulling back on DEI. But this big retailer and its shareholders are staying the course. Target said that it was ending its diversity, equity and inclusion goals as it tries to align itself with an "evolving external landscape."
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Exuberance for Trump may be causing investors to overlook a key risk threatening markets The Trump-fueled stock market rally could see a correction sometime in the next six months, according to one strategist who spoke with BI.
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Elon Musk's close ties to Trump could be good for the EV industry, Rivian CEO says Rivian CEO RJ Scaringe told BI it's good that someone like Elon Musk, who understands EVs, is close to President Donald Trump.
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The U.S. economy was already revved up before Trump took office. Could it get a lot better? Donald Trump has vowed to turbo-charge the U.S. economy, but it's been expanding well above its typical speed for more than two years and it probably finished 2024 with another burst of strong growth.
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Bitwise Quietly Prepares for Dogecoin ETF

Bitcoin.com - 25 Jan 2025 05:00
Bitwise Quietly Prepares for Dogecoin ETF Crypto investment management firm Bitwise filed paperwork to establish a Delaware statutory trust for a dogecoin exchange-traded fund (ETF) on Wednesday, according to a post by Bloomberg ETF analyst Eric Balchunas. The f...
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Stargate's first data center campus in Texas, a joint venture by Oracle, OpenAI, and SoftBank, could cost an estimated $1.1 billion.
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Meta reveals how it plans to make money on Threads, its X competitor with 300 million users Meta launches ads on Threads, its X/Twitter competitor with 300 million users.
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XRP Market Update: Consolidation at $3.10 Sparks Anticipation of Major Breakout XRP is currently trading at $3.12, with a market capitalization of $179 billion, a 24-hour trading volume of $3.29 billion, and an intraday price range of $3.08 to $3.14, indicating critical levels for traders to monitor...
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38 Injured After 'Unexpected Aircraft Movement' on a United Flight The authorities in Nigeria said that the United Airlines plane had to return to Lagos, Nigeria, after the episode. Six people were treated at a hospital, officials said.
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Stress dreaming about work? Here's what your dreams might mean. Stressful dreams about work may say more about you than your workplace, a psychotherapist who analyzes dreams told BI.
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Business elites truly believe Trump could be on the verge of solving one of the world's most difficult problems: The Ukraine War Donald Trump's first week in office was a whirlwind: executive orders on everything from closing the border to ending federal Diversity, Equity and Inclusion mandates.
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Bill Gates said the federal deficit "needs to be brought down" when asked about DOGE during a recent interview.
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Crypto advocates focus on Congress as GOP takes control of US gov't The Republican Party now has total control over the United States Senate, the Executive Branch, and the House of Representatives.
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Meta's chief AI scientist says DeepSeek's success shows that Meta's chief AI scientist, Yann LeCun, says DeepSeek's success with R1 says more about the value of open source than Chinese competition.
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Report: Musk's Department of Government Efficiency Eyes Blockchain Adoption Elon Musk and the Department of Government Efficiency (DOGE), which he leads, are reportedly exploring the use of blockchain technology to modernize federal government systems, according to a Bloomberg report. Musk-Led G...
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I dropped out of college and now fight wildfires. It's a grueling job with no work-life balance, but it's all worth it to save lives. When I left college, I wanted real-life experiences. I ended up in Washington state, fighting wildfires. I often spend days saving homes and lives.
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The story of home affordability in the U.S. told from a single front porch.
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'Her crooked son has taken everything': My fiancé's 100-year-old aunt was swindled out of $100,000. How can we help? "Her son threatened to put her in a nursing home if she didn't send his check by Friday."
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Trump's Crypto Venture Divides the Industry He Aims to Support The president's promotion of a speculative digital coin left some crypto investors feeling blindsided, while others saw it as a gimmick that undermined the industry's credibility.
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Jesse Eisenberg criticizes 'rich and powerful' tech leaders for getting involved in politics instead of 'doing good things for the world' The actor, who played Mark Zuckerberg in "The Social Network," said "tech bros" would be better off focusing their money and attention elsewhere.
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