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Business News

Location American Business News for 2 July 2025
Jaguar sales crater a shocking 98% after 'woke' rebrand, EV pivot The uproar from the 'woke' ads was likened to Bud Light's bizarre 2023 partnership with transgender influencer Dylan Mulvaney.
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Bank of England to redesign banknotes - and wants your help The first facelift in more than 50 years signals the possible end of historical figures on notes.
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In the Women in AI breakfast, technologists from Atlassian, Intuit and AWS offered advice based on first-hand experience with AI agents.
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Jeff Bezos unloads over 3M Amazon shares worth $737M in June After the sale, the Amazon founder will own about 905 million Amazon shares. He sold stock worth almost $5 billion last year.
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Warner Music Group will reduce its headcount by $170 million as a part of a larger plan to restructure and reduce costs. It's unclear how many employees will be impacted by the layoffs.
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Tesla deliveries plunge 14% in latest quarter, and Elon Musk faces 2nd straight annual sales drop Tesla posted another big drop in quarterly deliveries on Wednesday as demand falters due to backlash over Musk's political stance and an aging vehicle lineup.
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Corona, Modelo brewer takes double whammy as Trump tariffs squeeze margins -- and ICE crackdown slams sales Constellation also sells wine and craft spirits, but its beer business is the real money maker, accounting for roughly 80% of total revenue.
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Silver could be the trade of the decade. This is how to play it. Hi-ho silver: Industries need it; monetary rebels want it; and state governments are whispering about silver as money again.
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JPMorgan Chase, Goldman Sachs and others boost dividends -- check out how they've rewarded their committed shareholders JPMorgan Chase will increase its dividend by 7%, well above the 3% projection, after banks sailed through the Fed's annual stress tests.
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Louis Vuitton Opens Cruise Ship Style Store The Louis In Shanghai The Louis is a mix of exhibition, store and cafe and is Louis Vuitton's latest bid to capture the attention of Chinese consumers with an extraordinary cruise-style site.
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Bright Data beat Elon Musk's X and Meta in court, then launched $100M AI infrastructure suite with Deep Lookup and Browser.ai to challenge Big Tech data monopolies.
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SEC Clears Grayscale Digital Large Cap Fund for NYSE Arca ETF Listing The SEC has approved NYSE Arca's listing of a Grayscale large-cap fund holding bitcoin, ether, solana, XRP, and cardano, expanding regulated access to leading digital assets. SEC Approves Rule Change for Grayscale Crypto...
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Can Sean 'Diddy' Combs and his business empire recover financially, now that he's been found not guilty of some charges? The hip-hop mogul has already seen his net worth plummet from $900 million to $400 million, according to one estimate.
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'Omniscient Reader: The Prophecy' Gets North American Release Date Kim Dok-ja (Ahn Hyo-seop) complains about the ending of a web novel. Then the novel becomes his reality. Can he write a better ending?
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Tax Cuts Now, Benefit Cuts Later: The Timeline in the Republican Megabill Republicans deferred some of their most painful spending cuts until after the midterm elections.
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Debbie Wasserman Schultz Says Trump-Backed Big Beautiful Bill 'Will Kill People' Rep. Debbie Wasserman Schulz (D-FL) slams Big Beautiful Bill.
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Thailand's Former Renewable Energy Billionaire Drops From The Ranks Of The Country's 50 Richest Som­phote Ahunai is notably absent from the list this year after shares of his Energy Absolute nosedived nearly 80% since for­tunes were last measured.
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Fortune Of Thai Building Supplies Magnate Takes Hit As Consumers Turn Thrifty Sliding shares of Siam Global House, which owns the Global House chain of building-materials and DIY stores, nearly halved the net worth of founder Witoon Suriyawanakul to $475 million.
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Energy-And-Telecoms Tycoon Sarath Ratanavadi Leaps Ahead To Become Thailand's Third-Richest Person Four years after diversifying into telecoms, energy tycoon Sarath Ratanavadi is reaping the fruits of that strategic move.
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Thailand's Chearavanont Brothers Lead Their CP Group Into A Digital Future The Chearavanont brothers' agribusiness-to-telecoms conglomerate Charoen Pokphand Group (CP Group) has lately been on a digital and regional expansion drive.
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Thailand's 50 Richest 2025: Collective Wealth Led By The Red Bull Family Jumps 11% To Cross $170 Billion Thailand's economy is growing at a slower-than-expected pace amid trade tensions and mounting political uncertainty.
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Amazon's Prime Day sale is longer than ever -- and even more important than usual for the company. Here's why. MarketWatch polling suggests interest in Amazon's super-sized Prime Day is muted. BofA analysts say the longer event suggests Amazon has more capacity to offer discounts, despite tariff fears.
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