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Popular Business News this Month

Top 100 Stories to Know for 15 Feb 2025 - United States

Donald Trump declares 'BRICSDonald Trump on Brics: US President Donald Trump has threatened a 100% tariff on all imports from BRICS nations if they launch a common currency. Dismissing BRICS' relevance, Trump emphasized the US's... leverage over the bloc, warning against attempts to undermine the US dollar. These comments highlight escalating global trade tensions, particularly with China, India, and Russia.
Trade War Heats Up After TrumpAmid warnings of price increases, Canada moved quickly to retaliate, China said it had planned countermeasures and Mexico said it would soon unveil its response.
Lyft says rides have gottenRide-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in below Wall Street's expectations, as it tries to stay competitive with... rival Uber Technologies Inc. on prices and service.
DeepSeek's sudden emergence onto the U.S. tech scene this week roiled markets and provided plenty of fodder for earnings calls.
Woman Pleads Guilty in CovidA Nevada business owner prepared and filed false tax returns to fraudulently obtain Covid relief money for her businesses and others, prosecutors said.
Bill Ackman's Pershing SquareBillionaire investor Bill Ackman increased his stake in sportswear company Nike by 15% and cut his investment in fast-casual food chain Chipotle Mexican Grill by 14%.
Warren Buffett's BerkshireBerkshire also disclosed it has stopped selling shares of Apple, which remained its largest common stock investment at $75.1 billion.
Retail sales slump. Cold snapSales at U.S. retailers post biggest drop in almost two years

TikTok is back in US app stores for Apple and Android

Business Insider - 14 Feb 2025 03:38
US Apple and Android users can again download TikTok in the app stores.
Airbnb shares are rallying,Airbnb Inc. on Thursday forecast first-quarter sales that came up a bit shy of Wall Street's expectations, but the vacation-rental platform said it expects to continue to build on strides it made last... year, as travel demand settles but stays solid.
Why GameStop might jump onShares of GameStop gained more than 7% in extended trading Thursday, following a report that the company is weighing a bitcoin investment.
Peter Schiff Calls GoldPeter Schiff warns inflation is accelerating and the Fed is failing, arguing gold is poised to soar as real interest rates fall and economic instability grows. Peter Schiff Sounds Alarm on Inflation... and Economic Instability Economist and gold advocate Peter Schiff has issued a stark warning about inflation, arguing that the Federal Reserve’s response is […]
Grand Theft Crypto: FamilyRecently unsealed court records indicate that a family was kidnapped by a group of six individuals in Chicago last November. Kidnappers asked for a $15 million ransom in cryptocurrency before... releasing the family near a dry cleaning business. Kidnappers Demand $15 Million Crypto Ransom for Release of Family in Chicago As crypto gains relevance, more […]
AMD's stock faces a fresh riskData show that more chips were shipped to PC makers in the fourth quarter than demand currently merits.
Cisco is basking in its AIThe company has been cashing in as big cloud companies build out their AI infrastructure, but expanded AI opportunities lie ahead.
SEC and Binance Agree to PauseThe SEC and Binance have agreed to pause their lawsuit for 60 days as regulators craft new crypto rules, a move that could reshape digital asset oversight in the U.S. SEC and Binance Reach Agreement... to Pause Lawsuit for Regulatory Review The U.S. Securities and Exchange Commission (SEC) and defendants Binance Holdings Ltd., BAM Trading […]
Elon Musk's X to pay $10M toTrump's team considered letting the lawsuit fizzle out, citing Musk's close proximity to the president.
Reddit turns second quarterlyReddit Inc. turned its second quarterly profit since becoming a public company, but shares fell after daily active unique users -- which topped 100 million for the first time -- fell short of... expectations.
Elon Musk's DOGE has workedElon Musk's Department of Government Efficiency has targeted federal agencies like USAID, CFPB, and NOAA to reduce government spending.
Barclays to hand £500Barclays is handing shares in the company to tens of thousands of staff for the first time as it prepares to unveil its annual results for 2024.
Deloitte tells some staff toDeloitte US is rolling back DEI programs and told some staff to remove pronouns from emails. Its UK division remained "committed" to diversity goals.
Goldman axes diversity ruleThe bank ditches a policy that stopped it acting on flotations for firms with an all male, all white board.
Stablecoin Supply Jumps byBlockchain metrics firm Glassnode has released data showing that circulating stablecoin supply has skyrocketed to roughly $211.2 billion since the beginning of the year, a $17 billion increase in less... than two months. The current rate of increase in the supply is roughly $541 million per day, according to the firm. Specific tokens that were […]
Trump announces 25% tariffs onThe move threatens have a big impact in Canada, a major source of the metals in the US.
Elon Musk Reportedly Bid $97.4Elon Musk just launched a new battle with OpenAI CEO Sam Altman. Musk and a group of investors are making a $97.4 billion bid to buy OpenAI's nonprofit arm, escalating the fight over the AI company's... future, reports The Wall Street Journal. The consortium includes Valor Equity Partners, Baron Capital, Atreides Management, Vy Capital, and...