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Business News

Location American Business News for 8 May 2025

Trump Administration to Announce Trade Deal With Britain

The New York Times - 8 May 2025 03:51
Trump Administration to Announce Trade Deal With Britain A deal would be a positive sign for both governments, which have eyed an agreement since President Trump's first term.
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Dutch Bros' earnings results show not everything is terrible for coffee chains Shares of Dutch Bros Inc. were flat after hours on Wednesday after the drive-through coffee chain expressed greater optimism over its sales this year, citing "continued momentum," even as its older and much bigger rival,...
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Watch: US and China are ready to talk tariffs - who will blink first? The BBC's journalists in Washington DC and Singapore look at how both countries will deal with upcoming trade negotiations.
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U.S. productivity, economy's secret sauce, falls for first time in almost 3 years Swings in output and employment resulting from the tariff war will make it hard to gauge productivity, economists said.
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FanDuel owner Flutter Entertainment boosts earnings guidance even after costly March Madness FanDuel owner Flutter Entertainment on Thursday boosted its guidance because of acquisitions and currency swings even after nursing losses from a U.S. college basketball tournament devoid of upsets.
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Burger King parent saw slower start to the year as revenue and earnings miss marks Restaurant Brands is the latest fast-food giant to cite weak first quarter demand.
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Jobless claims fall in latest week, with no sign of recession or layoffs Companies are holding on to workers, despite uncertainty over trade policy and the contraction in first-quarter GDP.
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Bill Gates says he's giving away 'virtually all' of his nearly $200B fortune "People will say a lot of things about me when I die, but I am determined that 'he died rich' will not be one of them," Gates wrote.
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Dow poised to jump more than 300 points after Trump touts UK trade deal Dow futures were up by more than 300 points as of 90 minutes before the opening bell on Thursday while technology stocks also look to be in the green.
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AppLovin shares soared in extended trading after the company beat first-quarter expectations and announced the sale of its mobile gaming business.
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Tether Launches USDT on Kaia Blockchain Bringing Stablecoin Access to 196 Million Users LINE NEXT and Kaia have teamed up with Tether to bring USDT to Kaia's blockchain, enabling 196 million LINE users across Asia to access stablecoin payments, transfers, and DeFi services directly within LINE Messenger. St...
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George Clooney's Casamigos sued for allegedly charging 'super premium prices' for less than pure agave tequila Ironically for tequila enthusiasts, if the lawsuit proves true, it would suggest they have been drinking potentially inferior products without noticing a significant difference.
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Stripe rolls out stablecoin accounts in over 100 countries Stripe, a global payments platform, has introduced stablecoin-based accounts to clients in over 100 countries. According to a May 7 announcement, the new feature will allow the platform's clients "to send, receive, and h...
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Justice Department Opens Investigation Into N.Y. Attorney General Letitia James New York Attorney General Letitia James sued President Donald Trump in 2022, alleging he had fraudulently misstated the value of assets on financial documents.
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DraftKings says lack of March Madness upsets kept it from raising its forecast, but shares rally Sports-betting platform DraftKings Inc. reported a narrower-than-expected loss for the first quarter, but said that "customer-friendly sport outcomes in March" -- that is, people winning bets -- kept it from raising its ...
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More consumers expect to fall behind on debts, survey shows Average Americans are souring on their own financial health, according to a New York Fed survey. That includes their ability to pay off their debts.
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Earlier Thursday, Coinbase announced plans to buy Dubai-based Deribit, in an attempt to broaden its international business.
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Lawyers filing the lawsuit cite an investigation by The Times in which the testing of soil samples at homes found toxic heavy metals in excess of California standards.
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Bitcoin's Latest Climb to $102,800 Fueled by Rush of Institutional Activity, Experts Say On Thursday, bitcoin's price jumped to $102,819, hitting a peak not seen since Feb. 3, and plenty of analysts point to a growing wave of institutional involvement as the driving force behind the climb. Wall Street's Grow...
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SoundHound AI had a record first quarter -- but Wall Street wanted more The AI company says it's seeing "real returns" from end customers, but its stock is still falling.
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Head of Instagram Adam Mosseri testified Thursday in the Meta antitrust trial in DC federal court.
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Malliotakis Defends Budget Reconciliation From Dem Attacks: 'Not Going To Cut Benefits' From Needy Rep. Nicole Malliotakis (R-NY) joined "Forbes Newsroom" to discuss a letter she wrote with 14 GOP colleagues to the SSA Commissioner, as well as budget negotiations.
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