The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate, drawing dissent from at least two officials who say the…
Category:
Business
-
-
Business
Women’s Tennis Association extends media rights deal with Tennis Channel through 2032
by adminThe Tennis Channel is extending its deal with the Women’s Tennis Association that will see the cable TV network and streaming service continue to broadcast more than 2,000 matches each…
-
Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude oil was last up $1.36, or…
-
Business
Tesla agrees to first deal to build China’s largest grid-scale battery power plant
by adminTesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing and Washington. The U.S. company posted on the…
-
Business
Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy
by adminLAS VEGAS. — Former Starbucks CEO Howard Schultz said Wednesday that he “did a cartwheel” in his living room when current chief executive Brian Niccol first coined his “back to…
-
Business
U.S. online stores put up ‘out of stock’ signs as Nintendo Switch 2 sales hit record highs
by adminNintendo sold more than 3.5 million units of its flagship Switch 2 gaming system in the four days following its launch, with online stores of major U.S. retailers putting up…
-
Nvidia CEO Jensen Huang said on Wednesday that China is “not behind” in artificial intelligence, and that Huawei is “one of the most formidable technology companies in the world.” Speaking to…
-
U.S. spirit exports reached a record $2.4 billion in 2024, driven in large part by tariff concerns and ongoing global trade disputes. That is according to the American Spirits Exports report published…
-
Business
Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks
by adminNvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the next 15 years.…
-
Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC. In the memo sent to employees Wednesday, Paramount…
-
Business
AI-powered sports media company raises $13 million, led by Alexis Ohanian and Giannis Antetokounmpo
by adminScorePlay, an artificial intelligence service for sports clips, has raised $13 million in series A funding, the company announced Tuesday. The sports storytelling platform’s investors include 20VC venture capital fund…
-
Business
Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.
by adminSports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public offering of the new year and a potential…
-
Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent…
-
Business
Bank of America CEO says financial industry will jump into crypto payments if regulators allow it
by adminBank of America CEO Brian Moynihan said Tuesday that the U.S. banking industry will embrace cryptocurrencies for payments if regulators allow it. The head of the second largest U.S. bank by assets was…
-
President Donald Trump isn’t expected to carry through on his threat to impose sweeping tariffs on the first day of his presidency, a move that economists have warned could lead…
-
Business
With Trump digital coins, billions of dollars — and crypto’s credibility — are at stake
by adminThe creation of billions of dollars of digital wealth for the Trump Organization started with a social media post Friday. At 9:44 p.m. ET, the then-president-elect announced the creation of…
Newer Posts