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Business News

Location American Business News for 1 April 2025
White House weighs executive order to fast-track deep-sea mining, sources say The White House is weighing an executive order that would fast-track permitting for deep-sea mining in international waters and let mining companies bypass a United Nations-backed review process, according to two sources...
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OpenAI plans to release its first open-weight AI model since 2019 as economic pressures mount from competitors like DeepSeek and Meta, marking a significant strategic reversal for the company behind ChatGPT.
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How Tesla became a battleground for political protest As demonstrations against Elon Musk and his political ties spread, Tesla owners find themselves caught in a growing debate - turning a once-iconic brand into a symbol of division Over the weekend, protesters gathered at ...
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The Finnish defence firms 'on steroids' Helsinki has become one of the top five cities in Europe for investment in defence and security technologies.
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Brazil Bans Retirement Funds From Investing in Cryptocurrency The National Monetary Council, one of the major institutions managing monetary system policies in Brazil, issued this cryptocurrency investment ban for pension funds as it considered crypto’s “specific investment and...
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Harrods challenges survivors' law firm's compensation cut Harrods is urging lawyers acting for the largest group of survivors of abuse perpetrated by its former owner to reconsider plans to swallow a significant chunk of claimants' compensation payouts in fees.
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Jensen Huang and Michael Dell are out of the $100 billion club after a terrible quarter for stocks Jensen Huang, Michael Dell, and Amancio Ortega exited the ranks of the very richest after stocks tumbled in the first quarter, denting their net worth.
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Hooters files for bankruptcy amid $376M debt as chain's founders seek to take control, bring restaurant 'back to its roots' Hooters, like other casual dining restaurants, has struggled in recent years due to inflation, the high costs of labor and food, and declining spending by cash-strapped American consumers.
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Traders looking for support as costs rise Shopkeepers on Bridgnorth high street are likely to feel the pinch as bills rise this April.
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SEC Nigeria to Regulate Virtual Asset Service Providers Under New Law Nigeria has taken a significant step towards regulating cryptocurrencies with the signing of the Nigerian Investments and Securities Act (ISA) 2025 into law. Cryptocurrency Officially Recognized As Asset Class The Nigeri...
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Fighting Elon Musk, One Tesla Dealership at a Time

The New Yorker - 1 Apr 2025 00:22
"It's ironic that, as a pro-democracy and pro-climate group, we're protesting against electric cars," one activist said. "But you cannot sacrifice our democracy for one piece of the thing."
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Former Monero Maintainer Warns About Upcoming Wave of AI-Assisted KYC Fraud Former maintainer of Monero Ricardo Spagni, known in crypto circles as Fluffypony, has alerted about the collapse of the current Know Your Customer (KYC) strategies at the hands of artificial intelligence (AI) tools. On ...
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Trump-affiliated crypto mining venture mulls IPO -- Report American Bitcoin Corp., a Trump family-backed crypto mining operation, has plans to raise additional capital, including through an initial public offering (IPO), according to an April 1 report by Bloomberg. On March 31, ...
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Shuttered celebrity haunt Nello to reopen at luxe Midtown tower Real estate mogul and former hot dog franchise king Thomas Makkos signed the lease at 62 W. 55th St. and hopes to lure back Nello's many boldface regulars.
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ChatGPT sees record-breaking month following latest rollout and mania over Studio Ghibli-style images OpenAI's ChatGPT saw record-breaking user growth following its latest rollout, causing GPU capacity challenges for the company.
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AI Coins Rebound as OpenAI's $40B Raise Sparks Fresh Momentum Artificial intelligence (AI)-linked cryptocurrencies climbed sharply on Tuesday after OpenAI secured a $40 billion capital injection from Japan's Softbank, Microsoft, and other investors. With this latest round, OpenAI�...
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How the athlete mindset can make you a better entrepreneur You don't have to be an Olympian to train to improve, adapt, and bounce back from setbacks. The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs wh...
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ZeniMax Workers United voted overwhelmingly in favor of a strike over contract negotiations with parent company Microsoft.
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The ChatGPT maker has announced $40 billion in new funding, but $20 billion of that will depend on its controversial for-profit restructuring.
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Charlie Javice must wear an ankle monitor despite her budding Pilates career, judge rules Lawyers for the convicted JPMorgan defrauder argued that she couldn't wear a monitor due to her "particularly challenging and dynamic" teaching style.
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'Drink very little water': How senators speak for hours without stopping A Booker spokesperson declined to comment on how the senator had prepared for his speech, including whether he's been wearing a catheter or diaper.
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When a terrorist killed 8 people, a NY jury did not vote to execute him. Luigi Mangione's odds of dodging death are better yet. A NY jury voted against giving a terrorist who killed 8 people the death penalty. It will be even harder to convince one to execute Luigi Mangione.
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