Business News
SEC Chair Outlines Key Priority to Develop Rational Crypto Framework
Bitcoin.com - 21 May 2025 02:45
Crypto regulation is entering a new era as the SEC commits to ditching aggressive enforcement in favor of crystal-clear rules, unleashing long-awaited momentum for blockchain innovation. Crypto Gets Regulatory Reset as S...
Robinhood Proposes SEC Framework to Bring Real-World Assets Onchain
Bitcoin.com - 21 May 2025 00:47
Robinhood has submitted a detailed proposal to the U.S. SEC seeking a unified regulatory framework for tokenized real-world assets. If adopted, it could establish the foundation for a legally compliant, blockchain-powere...
Trump admin drops Biden-era Southwest Airlines lawsuit over delays
New York Post - 21 May 2025 02:11
The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays.
Did Trump really strike Gulf deals worth $2tn?
BBC - 21 May 2025 01:01
Some analysts question whether the amount of investment will ultimately be that high.
Senate OKs 'No Tax On Tips Act' With Unanimous Vote
Forbes - 21 May 2025 00:31
The act proposes a tax deduction of up to $25,000 for cash tips reported to employers.
Why Home Depot's approach to prices and tariffs will 'likely play better' to Trump administration
Market Watch - 21 May 2025 00:23Target slashes outlook after tariffs, DEI boycotts slam sales: 'We're not satisfied with these results'
New York Post - 21 May 2025 17:00
The Minneapolis-based retailer now expects net sales to fall by a low single-digit percentage, abandoning earlier hopes for a modest increase.
Everyday investors keep making Wall Street pros look dumb with this one simple move
Market Watch - 21 May 2025 16:01TJ Maxx parent's stock falls after it warns of a profit shortfall on tariff costs
Market Watch - 21 May 2025 15:36EU Enacts Harsher Energy Sanctions On Russia, While U.S. Ponders Them
Forbes - 21 May 2025 15:00
Make no mistake: economic sanctions are a much better way to go than forcing Ukraine to capitulate to the aggressor.
Trump's Tax Policy Collides with Market Reality
The New York Times - 21 May 2025 14:43
Another spike in Treasury bond yields puts lawmakers in a tricky spot as they push for big cuts that could drastically swell America's debt pile.
What to know about Trump's $175 billion 'Golden Dome' missile defense plan
Fast Company - 21 May 2025 14:16
Trump announced the defense system would be operational by 2029. U.S. President Donald Trump’s plan for a “Golden Dome” to protect the United States from long-range missiles was at least partly inspired by Israel�...
Meta Says 'Just Trust Us' With AI Ads, Will Amazon Follow Suit?
Forbes - 21 May 2025 13:43
Why Amazon's approach to AI-powered ads will likely differ from Meta's "just connect your bank account" vision.
Bitcoin Price Flirts Near Record High--Is a Melt-up on the Horizon?
Bitcoin.com - 21 May 2025 02:21
The price of bitcoin is hanging around the $106,831 range as it reached an intraday high of $107,340 per coin. Bitcoin's Six-Figure Streak Hits Day 13--Record in Sight At 8 p.m. Eastern time, bitcoin (BTC) is coasting al...
Google turns to Warby Parker to develop smart glasses, competing with Meta's Ray-Bans
Business Insider - 21 May 2025 01:15
Google is partnering with Warby Parker on developing smart glasses through its Android XR platform, challenging Meta's smart Ray-Bans.
Elon Musk says there's 'no need' for Tesla to buy Uber since Tesla owners could one day join its autonomous fleet
Business Insider - 21 May 2025 00:23
Elon Musk said he has no plans to purchase the ride share app, Uber, saying Tesla owners will be able to lend their car to Tesla's autonomous fleet.
Laurene Powell Jobs Cuts 10% of Jobs at Emerson Collective
The New York Times - 21 May 2025 23:51
Ms. Powell Jobs has privately said her philanthropy needed to practice more austerity, according to people who heard her remarks.
Has the U.S. Given Up on Sudan?
The New Yorker - 21 May 2025 23:50
From the daily newsletter: Nicolas Niarchos reports from Khartoum. Plus: the radical courage of Noor Abdalla; and Justin Chang reviews the latest "Mission: Impossible" movie.
The 'Tush Push' Lives After NFL Owners Reject Proposal To Ban It
Forbes - 21 May 2025 23:47
A large majority -- 22 -- of league owners supported the 'tush push' ban, but it needed 24 votes to pass. The Eagles have score 27 touchdowns on the play since 2022.
OpenAI teams up with former Apple design chief Jony Ive as AI race heats up
L.A. Times - 21 May 2025 23:46
As OpenAI competes with tech giants such as Google, Meta and Apple, it's recruiting some of the most well-known figures in the tech industry.
Famous Apple designer Sir Jony Ive joins OpenAI
BBC - 21 May 2025 23:44
OpenAI is moving into hardware, in a threat to giants such as Sir Jony's former firm.
Court OKs Rite Aid Pharmacy Asset Sale To CVS, Walgreens And Grocers
Forbes - 21 May 2025 23:41
A U.S. bankruptcy court approved the sale of pharmacy assets from more than 800 Rite Aid stores to CVS Health, Walgreens and grocers including Kroger and Albertsons.