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Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
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US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
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Apple Takes Top Spot for First-Quarter Smartphone Sales, Data Shows
Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch. The International Data Corporation, which tracks mobile phone shipments, said global shipments rose 1.5 percent in the first quarter, with Apple rushing to stockpile units to avoid tariffs imposed by US president Donald Trump.
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US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US, under President Donald Trump, is making strides in creating a nurturing environment for the crypto sector to grow. In a fresh development, the Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the othe...
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Opinion | $1.7 Trillion: Why Investors Are Betting Big On US Despite Recession Fears
Trump's pugilist-like tariff jabs may be earning him more adversaries than he bargained for, but he has demonstrated his knack for convincing countries and corporations to invest big in the US.
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US Boy, 12, Dies After Man Forces Him To Take Ice Baths As "Corporal Punishment"
A 12-year-old boy in the US has died after a man taking care of him allegedly forced the child into back-to-back ice baths and strenuous exercises.
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Blog | Severance: Are You An 'Innie' Or An 'Outie'?
Perhaps the AppleTV show's popularity is a sign of our times. Maybe all of us are so sick and tired of our jobs that a science-fiction show about a larger-than-life corporation psychologically abusing its employees hits too close to home.
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Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
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South Korea to Finalise Crypto-Focussed ‘Corporate Market Participation' Guidelines by April
The guidelines for corporate firms’ participation in crypto will be finalised by April, South Korea’s FSC said Wednesday. Kim So-young, the Vice Chairperson of the FSC, chaired the meeting. He said that US President Donald Trump’s pro-crypto actions had sharpened dialogue on the institutionalisation of VDAs.
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US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
This week, the SEC informed US investors that memecoins are not classified as securities. As a result, memecoin investors are not required to register their transactions under the Securities Act of 1933.
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Bill Clinton's "Reinventing Government" Saved Billions. Can Trump Do That
A new administration swept into Washington and announced plans to shake it up, using corporate know-how and new technology to streamline the federal bureaucracy.
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US Man Quits Corporate Job To Photograph Dogs Around The World
A US man left his corporate job to travel the world and photograph the special bond between dogs and humans.
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KFC Slammed For Moving Out Of Hometown Kentucky To Texas
Parent company Yum Brands announced the move on Tuesday, stating that approximately 100 corporate employees will relocate over the next six months.
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Wall Street's Big Hope Is Trump Pulls His Punches on Immigration
President Donald Trump's immigration policies would likely have devastating effects on Corporate America's growth and earnings, but investors haven't been perturbed yet.
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ChatGPT-Maker OpenAI Outlines Plans To Becoming For-Profit Company
ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer.
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Profit Warnings, Uncertainty As US Tariffs Send A Chill Through Businesses
General Motors and Volvo Cars abandoned their guidance, Adidas warned of price hikes and Porsche and Electrolux cut their full-year outlooks on Tuesday as US President Donald Trump's trade war continued to send shivers through the corporate world.
-
US Bank Regulators Pull Back Guardrails on Bank Crypto Activities
US banking regulators have pulled back directives urging banks to show caution when dabbling in cryptocurrency. Under the prior guidance, regulators warned banks to be wary of volatility, legal uncertainty and liquidity risks when considering whether to provide crypto-related services or take on crypto companies as clients.
-
Apple Takes Top Spot for First-Quarter Smartphone Sales, Data Shows
Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch. The International Data Corporation, which tracks mobile phone shipments, said global shipments rose 1.5 percent in the first quarter, with Apple rushing to stockpile units to avoid tariffs imposed by US president Donald Trump.
-
US CFTC, FDIC Revoke Crypto-Related Restrictions for Banks: All Details
The US, under President Donald Trump, is making strides in creating a nurturing environment for the crypto sector to grow. In a fresh development, the Federal Deposit Insurance Corporation (FDIC) has announced that financial institutions under its oversight no longer need prior approval to dabble in crypto-related activities. The CFTC, on the othe...
-
Opinion | $1.7 Trillion: Why Investors Are Betting Big On US Despite Recession Fears
Trump's pugilist-like tariff jabs may be earning him more adversaries than he bargained for, but he has demonstrated his knack for convincing countries and corporations to invest big in the US.
-
US Boy, 12, Dies After Man Forces Him To Take Ice Baths As "Corporal Punishment"
A 12-year-old boy in the US has died after a man taking care of him allegedly forced the child into back-to-back ice baths and strenuous exercises.
-
Blog | Severance: Are You An 'Innie' Or An 'Outie'?
Perhaps the AppleTV show's popularity is a sign of our times. Maybe all of us are so sick and tired of our jobs that a science-fiction show about a larger-than-life corporation psychologically abusing its employees hits too close to home.
-
Nvidia, Musk's xAI to Join Microsoft, BlackRock and MGX to Develop AI Infrastructure
Nvidia and Elon Musk's xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand US' AI infrastructure. The consortium renamed itself as AI Infrastructure Partnership on Wednesday.
-
South Korea to Finalise Crypto-Focussed ‘Corporate Market Participation' Guidelines by April
The guidelines for corporate firms’ participation in crypto will be finalised by April, South Korea’s FSC said Wednesday. Kim So-young, the Vice Chairperson of the FSC, chaired the meeting. He said that US President Donald Trump’s pro-crypto actions had sharpened dialogue on the institutionalisation of VDAs.
-
US SEC Rejects Memecoins as Securities, Warns of Fraudulent Tokens
This week, the SEC informed US investors that memecoins are not classified as securities. As a result, memecoin investors are not required to register their transactions under the Securities Act of 1933.
-
Bill Clinton's "Reinventing Government" Saved Billions. Can Trump Do That
A new administration swept into Washington and announced plans to shake it up, using corporate know-how and new technology to streamline the federal bureaucracy.
-
US Man Quits Corporate Job To Photograph Dogs Around The World
A US man left his corporate job to travel the world and photograph the special bond between dogs and humans.
-
KFC Slammed For Moving Out Of Hometown Kentucky To Texas
Parent company Yum Brands announced the move on Tuesday, stating that approximately 100 corporate employees will relocate over the next six months.
-
Wall Street's Big Hope Is Trump Pulls His Punches on Immigration
President Donald Trump's immigration policies would likely have devastating effects on Corporate America's growth and earnings, but investors haven't been perturbed yet.
-
ChatGPT-Maker OpenAI Outlines Plans To Becoming For-Profit Company
ChatGPT-maker OpenAI laid out plans Friday for a new corporate structure shifting away from control by a non-profit -- an issue of contention for the artificial intelligence trailblazer.
