Business News
Goldman Sachs staffers fume over paltry bonuses after CEO David Solomon's eye-popping $39M payout
New York Post - 28 Jan 2025 01:06
"When news of Solomon's bonus was released, a lot of folks here just rolled their eyes," one equities trader told The Post. "Of course, that is where our money went."
AllBright, London's women-only members' club, enters administration
The Guardian - 28 Jan 2025 21:01
The networking and events business struggled with 'rising rents' and the aftermath of the pandemic AllBright, the women-only members' club with a five-storey townhouse in Mayfair, London, has entered administration, the ...
Boeing reports a big loss, as it said it would, and the stock is surging
Market Watch - 28 Jan 2025 16:51Wells Fargo clears one penalty, but its asset cap remains in place
Market Watch - 28 Jan 2025 16:33One reason Nvidia looks like a bargain stock following the DeepSeek news
Market Watch - 28 Jan 2025 16:32Trump Vows to Send Bitcoin to Much Greater Heights Backed by 100% Commitment
Bitcoin.com - 28 Jan 2025 02:30
President Donald Trump has reportedly pledged 100% support for bitcoin, vowing to outcompete China and elevate the cryptocurrency “to much greater heights.” Trump’s 100% Commitment: Taking Bitcoin Higher While Defe...
Coinbase Overwhelmed By a 'Million Tokens a Week,' CEO Says
Bitcoin.com - 28 Jan 2025 01:30
Brian Armstrong, CEO of Coinbase expressed his frustrations with the current listing process and suggested potential improvements that may mitigate the torrent of daily listing requests Coinbase receives. Coinbase Might ...
Senate Confirms Scott Bessent as Treasury Secretary
The New York Times - 28 Jan 2025 01:26
Bessent, a hedge fund manager, becomes the nation's 79th Treasury secretary. He will lead President Trump's economic agenda.
Why Chinese AI company DeepSeek is spooking investors on U.S. tech
L.A. Times - 28 Jan 2025 01:17
U.S. tech stocks, including Nvidia, Oracle and Broadcom, plummeted Monday after Chinese startup DeepSeek said it created an AI system that can compete against chatbots such as OpenAI's ChatGPT at much lower costs.
Tech stocks plunge as Wall Street fears stretched valuations. Will value stocks win?
Market Watch - 28 Jan 2025 00:36DeepSeek has called into question Big AI's trillion-dollar assumption
Fast Company - 28 Jan 2025 23:55
It's no wonder that some Nvidia investors are questioning their faith in unlimited demand for the most powerful AI chips. Recently, Chinese startup DeepSeek created state-of-the art AI models using far less computing pow...
Stock market's $1 trillion wipeout is a taste of what can happen when AI bets unspool
Market Watch - 28 Jan 2025 23:50Karoline Leavitt Invites Content Creators to the White House Press Briefing
The New York Times - 28 Jan 2025 23:47
President Trump's press secretary invited social media influencers and content creators to sit with the traditional press corps.
How the Empire State Building Observatory became No. 1
Fast Company - 28 Jan 2025 23:45
Four lessons any sector can adopt to deepen customer connections. The Empire State Building is nobody's idea of a hidden gem. The 1,472-foot Art Deco landmark of stone and steel dominates the streetscape and world view o...
Sushi acquires Shipyard to address DEX performance issues
Coin Telegraph - 28 Jan 2025 23:45
SushiSwap's total value locked has declined sharply since 2021 highs, according to DefiLlama.
Starbucks earnings top estimates, but same-store sales decline for fourth straight quarter
CNBC - 28 Jan 2025 23:41
Starbucks said its same-store sales fell 4%, fueled by a 6% decline in visits to its stores.
How to buy Kendrick Lamar and SZA tickets: Grand National tour tickets compared
Business Insider - 28 Jan 2025 23:38
Kendrick Lamar & SZA are heading on their 23-show Grand National Tour in April 2025. Resale ticket prices start at $114.
How tech's DeepSeek wakeup call could leave Nvidia stronger
Market Watch - 28 Jan 2025 23:33Who is DeepSeek founder Liang Wenfeng, the math whiz-hedge fund manager upending the AI industry?
New York Post - 28 Jan 2025 23:31
The millennial math nerd behind DeepSeek launched his own hedge fund before turning to artificial intelligence chips.
DeepSeek AI collects, stores US user data in China - sparking eerily similar national security concerns that forced TikTok crackdown
New York Post - 28 Jan 2025 23:30
While rival chatbots including ChatGPT collect vast quantities of user data, DeepSeek's use of China-based servers are a key difference and a glaring privacy risk for Americans, experts told The Post.
Arizona Senate Approves Bill to Create Strategic Bitcoin Reserve
Bitcoin.com - 28 Jan 2025 23:30
Arizona’s decision to explore investments in digital assets, such as bitcoin is indicative of a growing tendency in states to diversify public finances. Arizona Takes Major Leap Toward Strategic Bitcoin Reserve Arizona...