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Business News

Location American Business News for 3 March 2025
SEC Closes Gemini Probe, Trump Announces 25% Tariffs, and More -- Week in Review SEC closes Gemini probe after 699 Days, Trump announces 25% tariffs on EU imports, Blackrock under the microscope, and more in this Week in Review. Week in Review The SEC closed its nearly two-year-long probe into Gemini...
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Switzerland targets rich tourists but at what cost? Switzerland's already upmarket tourism sector is trying to attract more high rollers.
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The CEO of AMD says she used a basic, early-career question to make a key decision at the $162 billion chip powerhouse "Decisions that we make today, you will really see the impact three to five years down the road," Lisa Su said at a recent Stanford talk.
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XRP, ADA, SOL go parabolic after Trump US crypto reserve post: Will other altcoins follow? XRP, ADA and SOL rallied after President Trump's post about a crypto strategic reserve. Will other altcoins latch on and rally too?
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Stocks Post Biggest Loss of the Year on Trump's Tariff Plans

The New York Times - 3 Mar 2025 23:39
The S&P 500 fell 1.8 percent on Monday after President Trump doubled down on plans to impose 25 percent tariffs on Canada and Mexico starting Tuesday.
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Twelve-Year-Old Bitcoin Wallets From 2011 Spark a $23 Million Wake-up on Monday On March 3, 2025, while bitcoin (BTC) traded between $92,809 to $93,206 per coin, six distinct addresses initially generated in 2011 transferred about 250 BTC—valued at roughly $23 million—for the first time in 12 ye...
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Crypto Insider Alleges China Is Strategizing a New Bitcoin Reserve Amid Trump's Crypto Call David Bailey, a prominent figure in the cryptocurrency community, informed his X followers that China is “holding closed door meetings” on establishing their own strategic bitcoin reserve. As Trump Champions Crypto, ...
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Trump Faces Blowback Over Plans for Crypto Reserve

The New York Times - 3 Mar 2025 14:52
Trump Faces Blowback Over Plans for Crypto Reserve Digital assets like Bitcoin rallied on the president's backing for a strategic holding, but even some conservatives and industry backers disapproved.
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Economic worries may soon hit the airline industry, one analyst cautions Airlines typically face uncertainties around fuel prices and economic strength, but investors are focusing on the latter.
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Oil prices struggle for direction on strong China data, Ukraine-Russia uncertainty Oil futures edged slightly higher early Monday, finding support from improved economic data from China, though upside remains capped by President Trump's tariff plans.
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This is why Trump's Canada-Mexico tariffs threaten a spike in gasoline prices The U.S. is the world's largest oil producer, but it still needs crude from Canada and Mexico.
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From OpenAI's 'Deep Research' to DeepMind's 'AI co-scientist,' next-gen AI is smarter and astoundingly capable.
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Peter Schiff Rips Into US XRP Reserve--Asks 'What's So Special About XRP?' Economist Peter Schiff questioned why the U.S. needs an XRP reserve. Despite strong industry support, he asked: “What’s the rationale for an XRP reserve? Why the hell would we need that?” Peter Schiff Questions US ...
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I use this Nespresso every day — save 23% on an editor-favorite coffee machine The Nespresso Vertuo Pop+ makes great coffee without taking up a lot of space. Get if 23% off now on Amazon.
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Hall of Fame Coach Jimmy Johnson Announces Retirement From Fox NFL Sunday After 31 years, Hall of Fame coach and studio analyst Jimmy Johnson revealed that he is retiring from Fox NFL Sunday. Johnson, 81, made the announcement on Fox Sports 1's The Herd With Colin Cowherd on March 3. "As you k...
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The winner of EA's 'Madden' videogame tournament will get more prize money than the NFL's Super Bowl champions The Madden tournament will pay its winner $250,000, while Super Bowl champs each received $171,000.
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Fighting fraud with tech: Q&A with Nasdaq CEO Adena Friedman The stock exchange has several hundred banks using its full suite of digital tools and 2,600 clients using its anti-financial-crime software, Friedman said.
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Tea drinks Mixue shares pop nearly 30% in Hong Kong trading debut Shares of China's largest bubble tea and drinks chain Mixue Group jumped nearly 30% on their first day of trading on the Hong Kong Stock Exchange on Monday after the firm raised $444 million in an initial public offering...
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Okta delivers what some of its bigger peers couldn't: a rosy outlook Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still "prudent."
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Fox expects new streaming service to draw millions of subscribers The yet-to-be-named service is expected to launch by the end of 2025.
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Trump's tariffs on Canada, Mexico could surge car prices up to $12K: report The president's planned 25% tariffs on Canada and Mexico could further hike already-high new vehicle prices in the US.
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A premiere for a documentary about the longtime publisher of The Washington Post had people talking about changes at the paper, and in Washington.
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