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Business News

Location American Business News for 6 February 2025
World leaders set to vie for AI domination at Paris summit Global politicians and AI bosses will next week attend a summit to debate the disruptive technology.
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Ford expects to rack up EV losses of up to $5.5B in 2025, sending shares skidding Ford Motor on Wednesday projected up to $5.5 billion in losses on its electric vehicle and software operations this year, a loss similar to last year and a sign of the severe difficulties in cutting costs on battery-powe...
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Bank of England expected to cut interest rates A cut to interest rates could mean lower mortgage rates.
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Judge weighs interim ban on Elon Musk's DOGE accessing the financial data of millions of Americans Elon Musk has no access to the Treasury's tax and Social Security data, a government lawyer said. A DC judge is mulling keeping it that way for now.
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Yum Brands becomes latest fast-food company to tap into AI, and its stock gains Byte by Yum! will include mobile app and web ordering, point-of-sale, kitchen and delivery optimization, menu management, inventory and labor management, and team-member tools.
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'The U.K. is not a basket case.' Keep calm and buy British bonds, this Dutch advisor suggests. British government bonds are attractive, a Dutch advisor is saying, citing their positive inflation-adjusted yield and relative value compared to other European government bonds.
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Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.
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News Corp tops earnings expectations on strength at Dow Jones, real estate and book publishing units News Corp — owner of The Post and The Wall Street Journal — reported better-than-expected quarterly earnings on Wednesday, driven by growth in its digital real estate, Dow Jones and book publishing divisions. News Co...
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Is Trump already paving the way for a new breed of crypto ETFs? Here's what to watch. A weekly look at the most important news and moves in crypto, and what's on the horizon in digital assets.
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Google is the latest tech giant to move away from DEI, as it weighs implications for federal contracts The decision marks the latest major corporate retreat from diversity, equity and inclusion practices.
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Federal Reserve releases 2025 stress test scenarios

American Banker - 6 Feb 2025 00:45
Federal Reserve releases 2025 stress test scenarios With the Federal Reserve eyeing changes to its annual examination of large bank resilience, this year's test could be the last of its kind.
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JPMorgan Chase to triple its branch footprint in Alabama The $4 trillion-asset company is looking to grow its deposit franchise by building a presence in new markets. The 24-branch addition in Alabama is its latest part of that push.
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The 7 best black tights, from ultra-sheer nylons to fleece-lined stockings The best black tights are mean to elevate your winter dressing. Our favorites are from Spanx, Amazon, Commando, and more.
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Trump once again floats ending carried interest loophole President Donald Trump huddled with Republican lawmakers on Thursday and discussed ending some of the biggest tax provisions that impact Wall Street.
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E.l.f. Beauty has been one of the cosmetic industry's biggest winners, but its growth has slowed and recent product launches have underperformed.
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Waller: Fed has 'dropped' wholesale CBDC concept

American Banker - 6 Feb 2025 23:49
Waller: Fed has 'dropped' wholesale CBDC concept The Federal Reserve is no longer exploring the idea of creating a new liability for interbank settlements. Instead, it is looking for ways to improve existing systems.
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GoDaddy's Super Bowl Return: Reimagining Small Business Success With CMO Fara Howard In this episode of Marketing Vanguard, host Jenny Rooney speaks with Fara Howard, CMO of GoDaddy, about the company's return to the Super Bowl after an eight-year hiatus. Fara shares insights into GoDaddy's transformatio...
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Crypto Industry Sees Mixed Signals in January Amid Policy Shifts and 'Memecoin Mania' President Donald Trump’s pro-crypto administration, the meteoric rise of Solana, and the Deepseek surprise, were all key issues in Binance Research’s monthly report. Binance Research Releases Monthly Market Insights ...
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E.l.f. Beauty raised prices on a third of its items by $1 during the last round of tariffs, but isn't sure if it will need to do so this time around.
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Justin Sun reignites HTX feud, India reconsiders crypto hate: Asia Express Justin Sun reignites feud with HTX co-founder, India rethinks crypto stance, Thailand cuts off power to Myanmar's pig butchers. Asia Express.
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Justin Sun reignites HTX feud, India reconsiders crypto hate: Asia Express Justin Sun reignites feud with HTX co-founder, India rethinks crypto stance, Thailand cuts off power to Myanmar's pig butchers. Asia Express.
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A new social music platform just hit 1 million users. Here's the pitch deck it used to close its $8 million seed round. Hangout, a social music platform, launched in November as a new way to listen to music with friends and strangers.
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