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Business News

Location American Business News for 26 January 2025
A Davos download on everything we heard and saw during a busy week in the Alps In this Sunday edition of BI Today, we're bringing you highlights from the World Economic Forum in Davos, Switzerland.
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In China, a Cat-and-Mouse Game to Rein In Crypto

Wall Street Journal - 26 Jan 2025 07:01
Recent court cases reveal how middlemen are facilitating a booming trade, eluding a crackdown.
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Trump's White House in talks to have Oracle, US investors take over TikTok The administration of U.S. President Donald Trump is working on a plan to save TikTok.
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Morgan Freeman may have scored a 3,000% return on Tesla stock: 'I'm a huge fan of Elon Musk' Hollywood icon Morgan Freeman said in a 2016 interview that he owned Tesla stock. A $10,000 holding then would be worth over $300,000 now.
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Costco CEO Ron Vachris confirmed the return to Coke at the company's annual shareholder meeting earlier this week.
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Morgan Stanley says these 20 stocks are set to reap the benefits of AI with adoption at a 'tipping point' "That's where we believe the alpha generation will come this year," Morgan Stanley's Katy Huberty says.
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Jack Mallers: Ripple Is Spending Millions to Undermine Strategic Bitcoin Reserve Jack Mallers, CEO of Zap, stated that Ripple, a cryptocurrency company, was actively lobbying against a strategic bitcoin reserve. In what he called an emergency press conference on social media, Mallers claimed that Rip...
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They both were kingpins in the booming survival bunker industry. Then the rivalry turned ugly.
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US Lawmakers Back Trump's Bold Crypto Orders for US Leadership Key lawmakers back President Trump’s bold move on digital assets, signaling a seismic shift in U.S. financial policy and innovation leadership. Lawmakers Hail Executive Orders on Digital Assets House Financial Services...
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Memecoins and art market share similar economics -- Ki Young Ju "While the hype surrounding meme coins may fade, the market itself will not disappear," the CryptoQuant founder wrote on social media.
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Coinbase CEO Brian Armstrong said that 1 million new crypto coins are listed weekly on the platform, which makes evaluating each token difficult.
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Donald Trump and Elon Musk appear in Ben & Jerry'scensorshiplawsuit against Unilever, its parent company. Here's why. Ben & Jerry's said it was "unilaterally barred" from sharing a post mentioning President Donald Trump, according to an amended complaint.
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Tornado Cash Co-Founder Speaks Out: 'This Is a Fight for Every Developer' as DOJ Threatens 45-Year Prison Sentence The prosecution of Tornado Cash co-founder Roman Storm is an egregious assault on freedom, innovation, and the very foundation of individual rights. Last week, Storm voiced his thoughts on X, offering a candid glimpse in...
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Here's what OpenAI's o1 had to say about AI trends this year. Just how many there are is a testament to AI's general-purpose value.
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SOL, LINK, OM, and RAY flash bullish signs as Bitcoin traders wait for BTC's next move Bitcoin trades in a predictable range while SOL, LINK, OM and RAY look ready to rally higher.
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SOL, LINK, OM, and RAY flash bullish signs as Bitcoin traders wait for BTC's next move Bitcoin trades in a predictable range while SOL, LINK, OM and RAY look ready to rally higher.
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President Donald Trump also imposed a travel ban on Colombian government officials and visa sanctions on individuals tied to the country's government.
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Heard on the Street's Stock-Picking Series

Wall Street Journal - 26 Jan 2025 22:33
Check out the stocks Heard on the Street writers favor in their eighth annual stock-picking contest.
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The Buffalo Bills and Kansas City Chiefs square off in today's AFC Championship game. We'll show you where to watch the Bills vs. Chiefs.
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XRP Market Update: Traders Brace for Action as Key Levels Tighten XRP is presently priced at $3.13, commanding a market capitalization of $180 billion and a 24-hour trading volume of $2.53 billion. Its intraday price movement has fluctuated narrowly within the bounds of $3.11 and $3.14...
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NerdWallet's Super Bowl Teaser Stars a Chatty Beluga Whale Not only do beluga whales have Einstein-level IQs, but at least one of the Arctic-dwelling creatures has been blessed with the gift of speech. That's according to a comedic 30-second teaser from NerdWallet for its first ...
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Timothée Chalamet hosted 'Saturday Night Live,' where he and cast member Bowen Yang poked fun at artificial intelligence.
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