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Business News

Location American Business News for 7 August 2025
Why Nvidia and other chip stocks are shrugging off Trumps latest tariff threat Trump vowed to impose roughly 100% tariffs on semiconductors unless companies build in the U.S. Is it the latest installment of the TACO trade?
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Hulu will shut down as a standalone app in 2026, with all content moving to Disney+. The decision has triggered online backlash, with critics accusing Disney+ of streaming domination.
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YC founders are getting younger and feeling the pressure

Business Insider - 7 Aug 2025 16:15
YC founders are getting younger and feeling the pressure YC founders are younger than ever and face faster, and higher expectations in the age of AI, recent participants told Business Insider.
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Bitcoin sees Bollinger Bands 'head fake' with $117K bulls' next target Bitcoin bounces back as traders highlight the next BTC price targets and resistance levels can bulls take control?
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Effect of U.S. Tariffs on British Companies Milder Than Feared, Central Bank Says Britains economy is driven by domestic factors more than global ones right now, the governor of the Bank of England said on Thursday, when the central bank cut interest rates.
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7-Eleven Plans 1,300 New Larger-Format Stores in North America Seven & i Holdings has announced a major restructuring of its business, including the addition of approximately 1,300 new large-format 7-Eleven stores in North America by its 2030 fiscal year, which ends in February 2031...
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EU banking regulator finalizes draft rules for banks holding Bitcoin, Ether The European Banking Authority completed draft rules requiring banks to assign a 1,250% risk weight to unbacked cryptocurrencies like Bitcoin and Ether.
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California Start-Up Will Buy Assets of Bankrupt Swedish Battery Maker Lyten will acquire German and Swedish factories built by Northvolt, which declared bankruptcy in March.
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XRP whales offload $1.9B as analyst sounds alarm over risk of 30% price crash XRP may stay structurally weak unless whale wallets see daily inflows above 5 million tokens, one analyst warned.
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Consumers are ordering more deliveries, says DoorDash. The stock is surging. Food is the most resilient category and most sought-after category for convenient consumptions, said DoorDash CEO Tony Xu.
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Trump's latest executive order banning 'debanking' takes aim at an industry that cheered his return Trump's 'debanking' executive order targets financial institutions he believes are denying services to conservatives, including his family business.
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Shares of the restaurant chain fell more than 1% in extended trading. Beef prices are part of the reason why.
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Heres what happened in crypto today

Coin Telegraph - 7 Aug 2025 23:36
Heres what happened in crypto today Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Black Hat 2025: Why your AI tools are becoming the next insider threat Black Hat 2025 delivered performance metrics from beta programs and agentic AI deployments, proving results are being delivered over hype.
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Blackrock Will File for Spot XRP ETF, Says Expert as Finish Line Approaches Blackrock, the worlds largest asset manager, is believed to be targeting spot XRP, according to an ETF expert, signaling a major push as crypto demand and momentum accelerate. Blackrock Could Be Closing in on Spot XRP ET...
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Cryptos real barrier isnt trust, its understanding

Fast Company - 7 Aug 2025 23:30
Cryptos real barrier isnt trust, its understanding The industry has a perception problembut its not the one you might think. For years, crypto headlines have fixated on trust issues: fraud, volatility, and the few bad actors whove given crypto a Wild West reputation. But...
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I feel more Chinese in the US and more American in China. I have to switch between 2 personalities. While working in Beijing, Jeff Niu wanted to know what it was like to be treated as a Chinese employee. He found it hard.
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The emergence of AI is spurring some firms to make their HR and IT departments work closer together.
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Baffert Continues To Cultivate Talent At Del Mar Thoroughbred trainer Bob Baffert has conditioned winners for over there and a half decades. He points to Del Mar as one of the important parts of his program.
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Successful companies will integrate AI training into workflow Companies should embed AI literacy into career development, not treat it as a nice-to-have. Most of us are failingat AI.
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How 'goose' is adding juice to to Block's earnings

American Banker - 7 Aug 2025 22:58
How 'goose' is adding juice to to Block's earnings The payment company increased its financial outlook, partly on the shoulders of new forms of artificial intelligence, such as "codename goose" that are making it possible to update products faster.
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LIC says health insurance foray delayed on likely policy change; open to all options LIC's foray into health insurance is delayed due to likely regulatory changes in the sector, its new managing director said. The behemoth remains keen on the segment and has kept all options open, including waiting f...
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