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Business News

Location American Business News for 23 April 2025
Southern California's trade industry in 2022 supported nearly 2 million jobs and contributed nearly $300 billion in direct economic output. Trump's tariffs could tank operations.
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Tesla's stock is rising, but will Musk's return revive it for good? It's not so simple. There are various challenges ahead, including tariffs, an evolving EV market and a history of delays on new products.
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Strategy Isn't Driving Bitcoin Price--Data Debunks the Hype, Expert Says A top digital assets expert has shattered the myth of Strategy's bitcoin price influence, revealing weak correlation and minimal market impact despite the firm's aggressive accumulation. Strategy's Market Impact Minimal,...
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Trump shifts to friendlier tone for Fed's Powell: 'I have no intention of firing him' President Donald Trump on Tuesday ratcheted down his rhetoric toward Federal Reserve Chairman Jerome Powell, saying he didn't plan to try to remove the chief of the nation's central bank.
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Musk signals 'significantly' stepping back from Doge as Tesla profits plunge The company warned that "changing political sentiment" could hurt its sales.
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Tesla's net income plunges 71% as Elon Musk confirms 'major work' setting up DOGE is done Elon Musk's Tesla saw its net income plunge 71% in the first quarter as the company contended with public backlash from the billionaire's work with President Trump and tough overseas competition from the likes of BYD.
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Stocks Surge As Trump Softens On China Tariffs--S&P 500 Heads To 2nd-Biggest Gain Since 2022 "'America First' does not mean America alone," Treasury Secretary Scott Bessent said Wednesday.
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A bunch of Wall Street analysts just cut their stock-price targets for Tesla after earnings Tesla's latest earnings was a mixed bag of good and bad news, Wall Street analysts said. A slew of major banks cut price targets after the results.
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Trump Approval Rating Tracker: Economic Performance Gets Poor Marks The latest survey, released April 23, shows 53% disapprove of his job performance.
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AI data center buildups are boosting Vertiv's sales. Its stock is rallying. Vertiv said it's working to mitigate any tariff impact and wants components made in Mexico to be exempt under the 2018 USMCA free-trade agreement.
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Elon Musk Gets $10 Billion Richer As Tesla Stock Rallies On 'Mea Culpa' --Despite Brutal Earnings "I'll continue to advocate for lower tariffs rather than higher tariffs, but that's all I can do," Musk said about Trump's tariffs.
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Shares of the credit card issuer rose around 3% in extended trading Tuesday.
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72 Crypto ETF Filings Await SEC Approval Amid Historic Regulatory Shift A record-breaking 72 crypto ETFs are awaiting SEC approval, signaling a seismic shift in U.S. digital asset policy as regulatory momentum turns bullish. Explosive Growth in Crypto ETF Filings Hits 72 as SEC Faces a Regul...
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IBM is sticking with its expectations for 2025 despite a "fluid" economic environment.
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Chipotle's same-store sales fell in the first quarter for the first time since 2020.
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Southwest Airlines said it plans to cut flights in the second half of 2025 and pulled its 2025 and 2026 guidance.
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ServiceNow dodges the dreaded DOGE hit

Business Insider - 23 Apr 2025 23:54
ServiceNow dodges the dreaded DOGE hit ServiceNow CEO Bill McDermott reveals how the company avoided the DOGE impact, with its US public sector business growing over 30% year-over-year.
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How Safe Are Helicopter Sightseeing Tours?

The New York Times - 23 Apr 2025 23:47
How Safe Are Helicopter Sightseeing Tours? The F.A.A. allows many of these popular flights to operate under less stringent rules than other commercial aviation, opening the door to dangers like pilot fatigue.
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Intuit to Acquire HR Platform GoCo to Expand HCM Offerings

Small Business Trends - 23 Apr 2025 23:46
Intuit is acquiring HR platform GoCo to enhance its payroll and workforce management solutions for small and mid-market businesses.
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Real Madrid Vs FC Barcelona, Copa Del Rey Final Expected Lineups The Copa del Rey final for 2024/25 will pit Real Madrid against FC Barcelona in a Clásico. Both teams have injury doubts and team selection decisions to make.
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Ryan Reynolds says his critically panned box-office flop 'Green Lantern' taught him a lifelong lesson Ryan Reynolds spoke about his big takeaways from the critically-panned 2011 superhero film "Green Lantern" during a discussion at the Time100 Summit.
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Alaska Airlines warned of weaker demand, pressuring airfares.
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