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Business News

Location American Business News for 26 March 2025
GameStop shares surge after firm pledges to buy bitcoin, close physical stores The move comes shortly after President Trump's executive order, signed earlier this month, to establish a strategic reserve of cryptocurrencies.
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U.S. Adds Export Restrictions to More Chinese Tech Firms Over Security Concerns The additions included companies that are customers of Intel and Nvidia, and one firm that was the focus of a New York Times investigation last year.
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Nigerian Oil Marketers Denounce Oil De-Dollarization Policy Olufemi Adewole, Executive Secretary of DAPPMAN, warns that Nigeria’s Naira-for-crude oil transaction framework could destabilize foreign exchange (FX), deter foreign direct investment (FDI), and worsen economic challe...
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Growth forecast halved for 2025 but later years upgraded The economy is now predicted to grow by only 1% in 2025 but the OBR thinks growth will pick up in the following years.
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Hundreds of Canadian steel workers hit with layoffs as Trump's tariffs squeeze industry Hundreds of Canadian workers have already been laid off from steel plants as President Trump's 25% levies on steel and aluminum hamper the industry.
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The Great Unplugging: Bitcoin ATMs Face Steepest Drop Since December 2024 Data from coinatmradar.com reveals a net decline of 971 bitcoin automated teller machines (ATMs) globally in March, punctuated by a fleeting resurgence of 188 installations in the month's final week. 2025's First Reducti...
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US consumer safety watchdogs say the recent surge in product warnings boils down to one word: China.
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Network Rail to set up property company to deliver thousands of homes Network Rail will set up a new property company to build 40,000 homes on its rail estate over the next decade in a drive to meet the government's housing target.
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Not 'clean on OPSEC' — The Trump team's Signal snafu is something military leaders have long feared OPSEC, or operational security, is a military priority. Accidentally sharing combat action plans over an unsecured app is what they want to avoid.
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After Heathrow, Who Pays for Missed Cruises and Hotel Bookings? When the airport shut down travelers were on the hook for reservations that could not be canceled, expensive new flights and missed events that airlines don't reimburse for. How can you protect yourself next time?
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How Trump's Auto Tariffs Could Affect Car Prices

The New York Times - 26 Mar 2025 23:38
How Trump's Auto Tariffs Could Affect Car Prices Experts say tariffs could soon drive car prices up by several thousand dollars and limit production.
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Gamestop Raising $1.3B to Advance Bitcoin Strategy, Echoing Michael Saylor's Blueprint Gamestop is raising $1.3 billion to supercharge its bitcoin treasury strategy--despite holding $4.76 billion in cash--mirroring an aggressive, Microstrategy-style playbook. Gamestop Raising $1.3B, Aims to Build Bitcoin-F...
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What wildfires teach us about smarter construction

Fast Company - 26 Mar 2025 23:35
What wildfires teach us about smarter construction The lessons from the Los Angeles fires can shape our plans for homes of the future. The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share ...
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My entire makeup routine is discounted for Amazon's 2025 Big Spring Sale These eight products are staples in my daily makeup routine. Get them all on sale for Amazons 2025 Big Spring Sale.
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Pumpswap Hits Record $488 Million in Daily Trading Volume, Eyes Market Growth Pumpswap, the latest decentralized exchange (DEX) from Pump.fun, has hit record highs in daily and weekly trading volume, reaching $488 million and $1.55 billion, respectively. Despite its rapid growth, Pumpswap still tr...
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Binance CEO Teng talks compliance in first DC speech

American Banker - 26 Mar 2025 23:04
Binance CEO Teng talks compliance in first DC speech The event Wednesday marked the first time Teng has spoken in the U.S. capital since becoming CEO.
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5G internet was supposed to change the world. Here's why it fell flat. The rollout of 5G faced high costs and technical challenges, leading to unmet promises and limited consumer benefits, as US coverage gaps persist.
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'The Bachelor' star Juliana Pasquarosa says it actually wasn't hard to watch that controversial finale back "The Bachelor" season 29 stars Grant Ellis and Juliana Pasquarosa unpacked the biggest moments from the finale and revealed their wedding plans.
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CBS Cancels 'After Midnight' After Host Taylor Tomlinson Steps Aside The show's host, Taylor Tomlinson, said she wanted to go back to doing stand-up comedy full time.
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Restaurateurs call out reservation scalping trend: 'Fighting for our lives' Some individuals have turned reselling dining reservations into a profitable business.
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Bitget CEO slams Hyperliquid's handling of Gracy Chen, CEO of cryptocurrency exchange Bitget, criticized Hyperliquid’s handling of a March 26 incident on its perpetual exchange, saying it put the network at risk of becoming “FTX 2.0.” On March 26, Hyperliqu...
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French chef dies after paying $210K deposit to open NYC restaurant -- and 'heartless' landlord refuses refund to widow "I'm living a real nightmare," the widow told The Post.
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