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Business News

Location American Business News for 11 March 2025
Elon Musk's net worth dropped $29 billion in one day as Tesla stock tanks Elon Musk's net worth fell by $29 billion on Monday. Tesla's stock free fall has some investors concerned about the CEO's focus.
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U.S. job openings point to softer labor market and hiring slowdown Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared to a few years ago and it's taking people a lot longer to find work.
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Toy sales are on the slide — but not for Lego

Business Insider - 11 Mar 2025 14:40
Toy sales are on the slide — but not for Lego Lego saw revenue jump is 2024 as competitors including Mattel and Hasbro reported sales declines. The Danish firm proved popular among adults.
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EU Ministers Fear Trump's Crypto Policies, Sources Say According to a report, Eurozone economic ministers are not too keen on Trump's friendliness toward cryptocurrencies and in their opinion the European Union needs to "prevent any initiative" from having "negative conseque...
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L'Oreal recalls acne cream that may contain cancer-causing benzene Makeup company L’Oréal S.A. issued a recall on all lots of acne cream Effaclar Duo due to concern that benzene, a known carcinogen, is in the product. One year ago Valisure, an independent Connecticut testing lab, fla...
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Trump Proposes Tariff-Free Trade for Canada in Exchange for Statehood, BTC Slides Below $80K President Donald Trump announced a 50% tariff on Canadian steel and aluminum imports, combining a 25% duty on metals with a 25% general tariff on all Canadian goods, effective March 12, 2025. The move escalates a trade d...
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Kohl's stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says. Kohl's CEO Ashley Buchanan says that the company has "identified key areas of focus."
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Top Law Firms Defend Overhaul of America's Business Court

The New York Times - 11 Mar 2025 15:54
Top Law Firms Defend Overhaul of America's Business Court After backlash from Elon Musk and companies like Meta, Big Law is publicly supporting a bill seeking to reform the Delaware Court of Chancery.
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C.E.O.s Will Meet With Trump Amid Fears About Tariffs' Fallout The president is set to meet with corporate leaders on Tuesday, as concerns over his protectionist trade policies weigh on markets and the economy.
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5 Factors Behind Wall Street's and Crypto's Trillion-Dollar Market Meltdown On March 10, 2025, cryptocurrency and U.S. stock markets faced steep declines, with U.S. equities wiping over $1.75 trillion from Wall Street amid policy uncertainty, investor outflows, and external shocks. Billions have...
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Oracle shares gain as investors focus on cloud deals, overlooking quarterly revenue miss Oracle Corp. shares were up in after-hours trading Monday, as investors appeared to initially overlook the software giant's disappointing quarterly revenue, much of it from a cloud-services miss, and instead focused on t...
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10 upgrades the FAA says it's making to make flying safer

Business Insider - 11 Mar 2025 23:59
10 upgrades the FAA says it's making to make flying safer Transportation Secretary Sean Duffy listed things like using AI to comb through safety reports and replacing old floppy disks with modern technology.
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Sponsor content from GEP.
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Ethereum Community Launches Ether Guild to Bolster Value of ETH The price of ether has been on a downward spiral since December, and this new non-profit was launched to solve that problem. Ether Guild Launches: New Initiative Aims to Boost the Cryptocurrency’s Value The Ethereum co...
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How to buy Fred Armisen tickets: 2025 dates and prices compared Fred Armisen's Comedy for Musicians But Everyone is Welcome tour continues this spring. Ticket prices start at $38.
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Why real estate must embrace the platform economy

Fast Company - 11 Mar 2025 23:40
Why real estate must embrace the platform economy Cities thrive on connections, not just buildings. For ages, real estate has been defined by the tangible: buildings, land, square feet. Nowadays, however, the world's most valuable businesses make their money from what i...
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FinCEN tightens rules for transactions near the southern border A new order requires certain non-bank financial companies in certain ZIP codes to report transactions over $200, much lower than the previous $10,000 threshold.
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At the White House on Tuesday, Donald Trump and Elon Musk flitted about among a fleet of Teslas. "Everything's computer," Trump marveled.
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Franklin Templeton Seeks SEC Approval for Spot XRP ETF in Latest Crypto Push Franklin Templeton filed a Form S-1 with the U.S. Securities and Exchange Commission (SEC) on March 11, 2025, to launch the Franklin XRP ETF, a spot exchange-traded fund designed to track the price of the cryptocurrency ...
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Don't wait for the state

Fast Company - 11 Mar 2025 23:05
Don't wait for the state How stepping in and offering a hand-up can drive more impactful change in a community I've always been vocal about the need to fight inequality in our own backyards. As a resident of New York's Capital Region, I built my...
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Our family loves living in Titusville, the most affordable place to live in Florida that's on the coast and 45 minutes from Orlando's big-city perks.
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Why a 'good' CPI report on Wednesday may not be enough to turn stock-market carnage around Wednesday's consumer-price index report is now in sharp focus with investors hoping more clarity on stagflation concerns could help stem the stock-market selloff.
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