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Business News

Location American Business News for 27 February 2025
Goldman Sachs poised to roll back DEI practices in annual report: sources The issue was discussed by CEO David Solomon and the bank's partners at their annual meeting in Miami earlier this month, multiple sources told The Post.
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Trump to Revoke an Oil License in Venezuela

The New York Times - 27 Feb 2025 02:24
Trump to Revoke an Oil License in Venezuela President Trump appears to be revoking a license that the Biden administration gave Chevron in 2022, potentially hurting the company and Venezuela.
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Why Nvidia earnings report is good news for its Big Tech rivals AI and chip market is expanding, giving others a chance to share the wealth.
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HP Inc. was proactive about the impact of tariffs, and it may be paying off HP Inc. has been proactive in dealing with the potential impact from looming tariffs on goods manufactured in China, including an ongoing shift of its manufacturing operations and purchasing more inventory ahead of the e...
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Canada Urges Its Travelers to Stay Home as Trade War With U.S. Continues Last year, Canadians visiting the United States were responsible for $20.5 billion in spending. Some are now changing their travel plans as the neighboring nations battle over trade.
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Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever Swiss Re said that its losses from the Los Angeles wildfires would come in under $700 million and that it had no plans to "pull back" from California.
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Warner Bros.' stock gets boost from upbeat guidance about strong subscriber growth Warner Bros. Discovery's DTC and studios results were "very encouraging," one analyst noted.
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U.S. recession 'no longer seems completely unthinkable' as jobless claims spike higher DOGE layoffs, along with signs of a slowing economy, spark questions about a potential serious stumble for the economy.
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Shares of Nvidia remain below their Jan. 24 close around $142, the Friday before all the DeepSeek turmoil started.
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Paramount Pulls Back on D.E.I. Policies

The New York Times - 27 Feb 2025 01:31
Paramount Pulls Back on D.E.I. Policies The company has a merger with Skydance pending before the Federal Communications Commission, whose chief has criticized diversity, equity and inclusion hiring programs.
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Dell said that it sold about $10 billion of AI-optimized servers in its fiscal 2025, and expects to sell about $15 billion in AI system sales this year.
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Autodesk says it's cutting 9% of its workforce, and shares jump Design-software developer Autodesk Inc. on Thursday said it would cut around 9% of its workforce, or around 1,350 employees, amid a bigger effort to prioritize cloud services and artificial intelligence.
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Midlife women are in the spotlight

Fast Company - 27 Feb 2025 23:45
Midlife women are in the spotlight What businesses can learn about supporting aging women from the cultural shift in Hollywood. The Fast Company Impact Council is a private membership community of influential leaders, experts, executives, and entrepreneur...
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TapBlaze, the maker of Good Pizza, Great Pizza, has branched out with the launch of Good Coffee, Great Coffee on mobile devices.
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Sam Altman says OpenAI's new ChatGPT-4.5 is a more emotionally intelligent model but warns that it's 'expensive' to train and run GPT-4.5 will be "well-suited for tasks like writing, programming, and solving practical problems" OpenAI said on Thursday.
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Dell sees its backlog swell as big AI deals come through The company is expanding beyond large cloud providers with its AI-server business.
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Lizzy Caplan didn't work for a year after playing Janis Ian in 'Mean Girls': 'My phone was not ringing off the hook' Lizzy Caplan talks about her latest show, "Zero Day," fighting for her "Mean Girls" role, and how "Masters of Sex" changed her career trajectory.
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This essential oil diffuser is over 50% off today — get $63 off from Vitruvi The Vitruvi Essential Oil Diffuser is over 50% off when you clip this Amazon coupon. Don't miss this chance to save on this relaxing device.
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KeyBank partners with Treasury Prime for embedded banking

American Banker - 27 Feb 2025 23:25
KeyBank partners with Treasury Prime for embedded banking As KeyBank grows its fintech partnership strategy, Treasury Prime is bringing KeyBank's products into its network of banks and fintechs.
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All 21 people who have won an EGOT, the most coveted award in Hollywood Only a few stars have won the EGOT: an Emmy, Grammy, Oscar, and Tony award. Here's the complete list, including the most recent additions.
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MrBeast claims to be a billionaire -- but says he's low on cash. Is that normal for the rich? The YouTube star is also raising money for his business at a $5 billion valuation. Here's why some wealth advisers think it's strange that MrBeast holds so little cash.
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Elon Musk begs 'top notch' air traffic controllers to come out of retirement to ease shortage The face of DOGE, the government's cost-cutting task force, said there is a "shortage" of skilled air traffic controllers.
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