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Business News

Location American Business News for 10 March 2025
Bitcoin Dips to $80K Shedding $110B From It's Market Cap in 24 Hours On March 9, 2025, bitcoin’s (BTC) price dipped to an intraday low of $80,000, a 6.6% drop against the greenback. At press time, 7:35 p.m. ET on Sunday, the price remains near the $80,500 level, carrying a market cap of...
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Trump's Call to Scrap 'Horrible' Chip Program Spreads Panic

The New York Times - 10 Mar 2025 16:58
Trump's Call to Scrap 'Horrible' Chip Program Spreads Panic The president's attack on the key tenet of the Biden administration's industrial policy has set off concerns that he may claw back its funding.
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One of Wall Street's biggest bulls now says a flash crash can't be ruled out Ed Yardeni says a bear market for stocks may already be underway, and a "flash crash" can't be ruled out.
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U.S. stock futures fall after a rough week on Wall Street, as Trump won't rule out recession U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.
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Retail traders are getting spooked by a market downturn. That's bad news for brokerage stocks. While stocks across the board tumbled on Monday, the pain was acutely felt by shares of brokerages like Robinhood, Charles Schwab and Interactive Brokers.
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Bitcoin may benefit from US stablecoin dominance push

Coin Telegraph - 10 Mar 2025 16:20
Bitcoin may benefit from US stablecoin dominance push The US push to maintain the dollar’s global dominance through stablecoin adoption could have unintended benefits for Bitcoin as it emerges as a potential national reserve asset. During the White House Crypto Summit on ...
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Trump DOJ Upholds Google Must Divest Chrome to Resolve Search Monopoly Case Donald Trump's Department of Justice isn't backing down from its push to break up Google. Despite the tech giant's efforts last week to persuade officials to drop the idea, the DOJ on Friday still called for Google to di...
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European lawmakers silent on US Bitcoin reserve amid digital euro push European lawmakers have remained silent on the US Strategic Bitcoin Reserve order, a landmark policy shift favoring early adopters of Bitcoin due to its economic model. US President Donald Trump’s March 7 executive ord...
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European stocks have crushed the U.S. -- now a big bank is shifting its view The year has started with a big rally for European stocks as the U.S. market struggles to remain above water. Now, HSBC strategists are changing their tune.
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Ex-CNN boss Jeff Zucker won't join Paramount after Skydance merger -- 'no room' for 'larger-than-life' exec: sources "There's legitimately no role for Jeff, "a source with knowledge said, citing a slew of execs that have been rumored to be tapped to join the combined company.
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Luxury lounges: Credit card perks we are all paying for Why credit card providers are opening lavish customer lounges in airports and cities.
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Apple and Nvidia led Monday's $750 billion tech wreck. How to play the aftermath. Trump's policy moves are causing angst. But one analyst says the broader AI thesis is still intact, and he names Tesla and Microsoft among big potential winners.
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The SBA has launched the Made in America Manufacturing Initiative to cut regulations, expand access to capital, and support small manufacturers through dedicated resources and workforce development.
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Coinbase Derivatives to Launch 24/7 Bitcoin and Ethereum Futures Coinbase Derivatives, LLC, a futures exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC), is preparing to introduce the first round-the-clock bitcoin and ethereum futures contracts, granting U.S. t...
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Getting Along with an Insecure Tormentor

Harvard Business Review - 10 Mar 2025 23:28
What to do when a formerly supportive boss turns against you.
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Elon Musk said he's running his businesses with 'great difficulty' as Tesla stock falls 15% Elon Musk said in an interview that running his businesses while working with the White House has not been easy. Tesla stock declined 15% on Monday.
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Why we're ushering in a new era in pregnancy health

Fast Company - 10 Mar 2025 23:25
Why we're ushering in a new era in pregnancy health Each pregnancy has its own unique biology that can power personalized care. Lindsay Orr was active and healthy, running marathons and hiking all around Colorado. During pregnancy, she developed a persistent headache and ...
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White House says tariffs 'are working' as companies eye US expansion The shift is "a direct result of President Trump's commitment to put the American worker first and improve American competitiveness," the White House said on Monday.
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Stock market's worst day of 2025 is stoking Nasdaq bear-market fears. Here's why. Nasdaq Composite falls deeper into correction territory, raising concerns about it sinking into a bear market.
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How daylight saving's 'spring forward' might have caused stocks to fall back What happens to investors when daylight-saving time kicks in?
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Delta cuts its once-rosy outlook. Here's what's worrying the airline. Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.
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The challenges and advantages of managing global teams There is much to gain when working with people in different countries if you go about it the right way. Today, no matter where you are in the world, it’s not unusual to find yourself working alongside an analyst from A...
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