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Business News

Location American Business News for 15 February 2025
Woman Pleads Guilty in Covid Tax Credit Scheme That Netted $33 Million A Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.
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Bill Ackman's Pershing Square slashes stake in Chipotle, continues to bet on Nike Billionaire investor Bill Ackman increased his stake in sportswear company Nike by 15% and cut his investment in fast-casual food chain Chipotle Mexican Grill by 14%.
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Warren Buffett's Berkshire reveals stake in Constellation Brands, cuts holdings of Citi, BofA Berkshire also disclosed it has stopped selling shares of Apple, which remained its largest common stock investment at $75.1 billion.
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Egg prices are surging again. Why Powell and the Fed's grip on inflation may be slipping. The price increase in this consumer staple is complicating the central bank's ability to achieve a soft landing.
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Everstake CEO Sergey Vasylchuk on Staking, Institutional Trust, and the Future of Blockchain Governance The staking ecosystem is growing rapidly, with rising institutional interest and potential regulatory oversight. Everstake, a blockchain validator, secures over 80 cryptocurrencies and supports some of the industry’s l...
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As inflation rises, a few local institutions are paying at least 9% interest for your cash Local financial institutions are offering extremely high rates on bank accounts. Find out if you qualify to open one before these offers end.
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Bank of America says growth stocks are in a bubble exceeding the 'dot-com' and 'nifty fifty' eras — and warns they could take the S&P 500 down 40% The S&P 500 could see a "lost decade" ahead, Bank of America warns.
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Prominent Cryptocurrency Investor Faces Senate Tax Inquiry

The New York Times - 15 Feb 2025 04:02
Prominent Cryptocurrency Investor Faces Senate Tax Inquiry The Finance Committee's top Democrat sent a letter last month to Dan Morehead, the founder of Pantera Capital, about the investigation.
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Trump Media & Technology Group is worth almost $7 billion, but the company generated less than $4 million in revenue in 2024, according to a new filing.
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Sam Altman says ChatGPT 4o is the 'best search product on the web' in a cheeky exchange with Perplexity CEO Sam Altman took to X on Saturday to contend that the latest updates to ChatGPT 4o make it the "best search product" online.
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Corporate America's lame attempts to dress up DEI is plainly laughable It's hard to not to laugh at all the lame attempts by corporate America to dress up its Diversity, Equity and Inclusion policies as something more palatable to the American people and the Trump administration.
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Oracle NetSuite has introduced AI-driven innovations, new product enhancements, and integrations to streamline business operations, improve automation, and support diverse revenue models.
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Blockchain.com Bolsters Leadership Team as It Charts Path Toward IPO Blockchain.com, one of the oldest cryptocurrency platforms, has appointed ex-Goldman Sachs and Point72 executives to senior roles as it prepares for a potential initial public offering (IPO), Bloomberg reported Friday. C...
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Scammer impersonates Bermuda premier, promotes fake token Since the scammer began posting, numerous Bermuda National Coin tokens have appeared on the Solana-based memecoin launch platform pump.fun.
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Unlock Smarter Blockchain Decisions With AI-Powered Smart Contract Risk Analysis on Lightchain PRESS RELEASE. Blockchain technology is evolving rapidly, reshaping industries and redefining how we think about trust, transparency, and security. But for blockchain developers, crypto investors, and risk analysts, one ...
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BigCommerce has introduced updates to Catalyst, its composable storefront technology, enabling one-click deployment, enhanced flexibility, and seamless integration with BigCommerce's core ecommerce features.
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Bitdeer's Bitcoin Holdings Rise to 833 BTC

Bitcoin.com - 15 Feb 2025 22:45
Bitdeer's Bitcoin Holdings Rise to 833 BTC Bitdeer, a U.S. bitcoin mining firm announced an increase in its bitcoin holdings to 833 BTC, reflecting a 28 BTC gain from the previous week. The latest update, confirmed on Feb. 14, excludes customer deposits, emphasiz...
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How transformers work, why they are so important for the growth of scalable solutions and why they are the backbone of LLMs.
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Gallego told The New York Times that voters would give Trump and Musk the "benefit of the doubt" until certain decisions affect them.
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State Street Plans Crypto Custody Expansion by 2026, Report Says A report from The Information indicates that several major Wall Street financial institutions are positioning themselves to deepen their involvement in cryptocurrency markets. Among them, State Street and Citigroup are s...
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Sheryl Crow waved goodbye to her black Tesla in a video shared to Instagram on Friday. She also said she donated to NPR.
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A German drone manufacturer backed by Peter Thiel says it will double its production capacity in Ukraine in 2025 Billionaire and PayPal cofounder Peter Thiel invested in the startup in 2022, saying it was a "leap ahead of its competition."
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