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Business News

Location American Business News for 28 March 2025
Top Priority: Incoming SEC Chair Promises Solid Crypto Framework The incoming SEC chair vowed to prioritize a clear crypto framework, criticizing outdated rules for hindering innovation and U.S. leadership. Incoming SEC Chair Calls for Clear Crypto Rules, Economic Revival Under Trump ...
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Michael Saylor's Poll: Gamestop Needs $3B in Bitcoin for Credibility Strategy's executive chairman, Michael Saylor, sparked debate with a poll suggesting Gamestop must buy over $3 billion in bitcoin to earn BTC legitimacy. Michael Saylor Turns up the Heat With Poll--Can Gamestop Meet BTC ...
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How will carmakers be affected by Trump's tariffs? Investors sold off shares of carmakers in Japan, Germany and the UK, but US brands are also set to be hit.
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The backlash against Elon Musk and DOGE has turned Tesla into a target, with vehicles and showrooms hit by vandalism, gunfire, and suspected arson.
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The European Union is advising people to stockpile 72 hours' worth of emergency supplies due to "emerging threats." BI asked experts what they suggest.
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CoreWeave's IPO debut tests neocloud viability and reliance on Nvidia GPUs.
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Bitcoin price falls toward range lows, but data shows 'whales going wild right now' Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC’s (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, a...
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T3 Financial Crimes Unit Freezes $9 Million Linked to Bybit Hack On Wednesday, the T3 Financial Crimes Unit (FCU), integrated by Tether, Tron, and TRM Labs, announced that it had frozen close to $9 million linked to one of the largest cryptocurrency thefts ever, the Bybit hack. Paolo ...
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Elon Musk's xAI buys social media platform X for $45B: 'Futures are intertwined' The combined company would be valued at $80 billion.
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Matt Bomer says not getting cast as Superman was actually a good thing Matt Bomer could have played Superman in the early 2000s. Now, he tells BI that missing out on the iconic role helped him have a more varied career.
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Charlie Javice found guilty of defrauding JPMorgan Chase

American Banker - 28 Mar 2025 23:28
Charlie Javice found guilty of defrauding JPMorgan Chase Javice sold her student-aid startup, Frank, to JPMorgan in 2021. Two years later, the bank accused her of creating fake profiles to boost the number of customers.
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Judge grants CFPB preliminary injunction, halts mass firings A federal judge granted a preliminary injunction that preserves the Consumer Financial Protection Bureau's existence, reinstates fired employees, contracts, data and operational capacity.
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Crypto market cycle permanently shifted -- Polygon founder The four-year crypto market cycle that traders and investors have become accustomed to is no longer as pronounced due to the maturation of crypto as an asset class and the participation of institutional investors, accord...
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I tried the viral Ashton Hall morning routine and was pleasantly surprised by the ice facials Nico Reyes attempted fitness influencer Ashton Hall's morning routine, which includes two ice bowl facials and a 6 a.m. gym session.
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Inflation Fears and Trade Turmoil Push Bitcoin's Price Below $84K Bitcoin tumbled to $83,544 on Friday, a low catalyzed by upheavals in financial markets amid Trump's proposed tariffs on pharmaceutical companies. Concurrently, March's consumer sentiment data illuminated the loftiest pr...
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The IRS deadline to claim the Employee Retention Tax Credit is April 15, 2025, and over half of eligible businesses have yet to apply.
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Ariana Grande's new short film includes movie references to 'X-Men' and 'Minority Report.' Here's every detail you may have missed. Ariana Grande released the deluxe version of her album "Eternal Sunshine" on Friday, paired with a short film inspired by blockbuster films.
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YouTubers pitch fan obsession with their lives as a secret weapon for marketers At a Spotter pitch event for YouTubers, creators told marketers their deeply loyal fan bases make them the perfect salespeople.
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The United Football League's 2025 season is about to kick off, and we'll show you how to watch the UFL online.
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Netflix's co-CEO says it's better for creators than YouTube Netflix's Ted Sarandos said his company is the real deal when it comes to rewarding top creators.
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President Trump Clears Bitmex Founders' Money Laundering Convictions President Donald Trump pardoned Bitmex co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed on March 27, 2025, clearing their 2022 convictions for failing to prevent money laundering on their cryptocurrency platform....
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Scale AI is seeking a valuation as high as $25 billion in potential tender offer, according to sources Scale AI, a buzzy data-labeling startup, is seeking a $25 billion valuation in a potential tender offer, according to sources who have seen the deal.
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