Today: November 23, 2024
Today: November 23, 2024

Business

Business|Economy|Finance|Stock Markets|US

Dollar climbs, euro weakens to two-year low after PMI data

The euro slumped to a two-year low while the dollar gained on Friday after gauges of business activity were released in each region, while bitcoin again hit a

Dollar climbs, euro weakens to two-year low after PMI data
Asia|Business|Crime|Finance

Adani Group could find funding harder after US indictment as banks review credit

Gautam Adani's conglomerate could find it harder to get funding following a U.S. arrest warrant for its billionaire founder, with some banks considering

Adani Group could find funding harder after US indictment as banks review credit
Business|Finance|Technology|US

Trump’s social media company is exploring a crypto payment service called TruthFi

Trump’s social media company is exploring a crypto payment service called TruthFi

Trump’s social media company is exploring a crypto payment service called TruthFi
Business|Finance|Technology

Trump Media mulls over crypto-based payment platform

President-elect Donald Trump is looking into trademarking TurthFi, a crypto-based payment platform. CNN’s Vanessa Yurkevich reports.

Trump Media mulls over crypto-based payment platform
Business|Election|Finance|Technology|US

Bitcoin's wild ride toward $100,000

Bitcoin neared $100,000

Bitcoin's wild ride toward $100,000
Business|Finance|Stock Markets|US

Medical supply firm Medline aims to raise over $5 billion in 2025 IPO, sources say

Private equity-owned Medline Industries is aiming to raise more than $5 billion in its U.S. initial public offering expected to occur in 2025, people familiar with the

Medical supply firm Medline aims to raise over $5 billion in 2025 IPO, sources say
Business|Technology

Incoming FCC chair says it is unlikely commission could reinstate Starlink subsidy

The incoming Federal Communications Commission chair said on Thursday he did not expect the agency to restore $888.5 million in subsidies to Elon Musk's

Incoming FCC chair says it is unlikely commission could reinstate Starlink subsidy
Business|Economy|US

Elon Musk's budget crusade could cause a constitutional clash in Trump's second term

Donald Trump has put Elon Musk and Vivek Ramaswamy in charge of finding ways to cut government spending and regulations

Elon Musk's budget crusade could cause a constitutional clash in Trump's second term
Business|Economy|Finance|US

America's $7 trillion cash stash isn't going anywhere: McGeever

A record-high $7 trillion of cash is currently sitting "on the sidelines" in money market funds (MMFs).

America's $7 trillion cash stash isn't going anywhere: McGeever
Business|Economy|Europe|US

EU to cajole Trump on trade while readying tariff retaliation

The European Union should seek constructive engagement on trade with the incoming Trump administration, but be ready to hit back in a coordinated way at the

EU to cajole Trump on trade while readying tariff retaliation
Business|Economy|Technology|US

US agency votes to launch review, update undersea telecommunications cable rules

The Federal Communications Commission voted on Thursday to propose new rules governing undersea internet cables in the face of growing security concerns, as

US agency votes to launch review, update undersea telecommunications cable rules
Business|Economy|Finance|US

US Treasury targets Russia's Gazprombank with new sanctions

The United States imposed new sanctions on Russia's Gazprombank on Thursday, the Treasury Department said, as President Joe Biden steps

US Treasury targets Russia's Gazprombank with new sanctions
Business|Economy|Finance

Bitcoin ticks closer to $100,000 in extended surge following US elections

Bitcoin is jumping again, setting another new high above $99,000

Bitcoin ticks closer to $100,000 in extended surge following US elections
Business|Food|Lifestyle

This Massachusetts shop is offering free coffee for dancing customers

This Massachusetts shop is offering free coffee for dancing customers

This Massachusetts shop is offering free coffee for dancing customers
Business|Economy|Finance|US

Brokerages see 'uncertain' 2025 on worries over potential Trump tariffs

Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. They expect U.S.

Brokerages see 'uncertain' 2025 on worries over potential Trump tariffs
Asia|Business|US|Videos|World

Jimmy Lai: What to know about national security trial of Hong Kong media tycoon

Hong Kong media tycoon and pro-democracy advocate Jimmy Lai testified this

Jimmy Lai: What to know about national security trial of Hong Kong media tycoon
Business|Economy|Environment|Finance|Technology|US

New York judge rejects state efforts to shutter bitcoin mine over climate concerns

A New York judge has rejected an effort by state regulators to shutter a bitcoin mine over concerns about its greenhouse gas emissions

New York judge rejects state efforts to shutter bitcoin mine over climate concerns
Business|Economy|Finance|Stock Markets|US

Most brokerages retain expectations of 25-bps rate cut from US Fed in December

Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S.

Most brokerages retain expectations of 25-bps rate cut from US Fed in December
Business|Technology|WrittenByLAPost

Doritos Invents App to Quiet Crunching

Gaming chip giant Doritos has unveiled a potential breakthrough consumers never knew they needed – AI-powered software enabling silent snacking. Dubbed Doritos Silent, the free app leverages artificial intelligence trained on hundreds of noisy chip crunch recordings to actively cancel out embarrassing eating sounds. Created in partnership with Brooklyn developer Smooth Technology, Doritos Silent specifically targets gamers frequently forced to mute themselves mid-match as culinary indulgence shatters stealth. Now, through simulated sound wave inversion, the program allows bold flavor without awkward audio blowback. “The connection between Doritos fans and the gaming community is undeniable,” said Doritos marketing head Fernando Kahane,

Doritos Invents App to Quiet Crunching
Business|Technology|WrittenByLAPost

30+ states allege Meta intentionally designed Instagram to be addictive

In a legal challenge, over 30 U.S. states are aiming for Instagram’s parent company, Meta, alleging its photo-sharing app was intentionally designed to hook and harm adolescents. Filed in federal court, the lawsuit claims Instagram deploys an addictive concoction of infinite feeds, constant notifications, and other behavioral tricks to entrap teens’ attention. This “addict’s algorithm” deliberately preys on young users’ vulnerabilities, the suit argues, triggering destructive usage, low self-esteem, and severe mental anguish. Installed on millions of teenagers’ phones nationwide, Instagram allegedly causes both mental and physical harm—from anxiety and depression to eating disorders and suicidal thoughts. With teen well-being

30+ states allege Meta intentionally designed Instagram to be addictive
Business|WrittenByLAPost

Gift Card Fraud Predicted To Hit $228 Million This Year. Stay Alert

Scams have evolved into new, more sophisticated forms in the internet age. According to the Federal Trade Commission’s predictions, scammers are projected to defraud innocent customers of more than $228 million via gift card cons in 2022. This article illuminates these deceptive tactics, offers advice on not falling prey, and provides guidance if you’ve unfortunately already been ensnared by such schemes. Gift card scams typically involve fraudsters convincing victims to buy gift cards and share their numbers, a tactic the FTC has unequivocally labeled as fraudulent. It is critical to remember that any demand for gift card numbers is a

Gift Card Fraud Predicted To Hit $228 Million This Year. Stay Alert
Business|WrittenByLAPost

TikToker Cracks Secret Costco Pricing Code: 'Never Miss a Great Deal Again'. Watch the Video.

Costco customers are discovering that the wholesaler’s pricing contains hidden codes that reveal special deals and discounts. A viral TikTok video with over 1.3 million views claims to decode the cent values on Costco’s price tags, uncovering their secret meanings. The key to deciphering Costco’s prices lies in the cents, according to TikTok user Ryan Quinlan. His video breaks down what each price ending allegedly signifies: Prices ending in .99 indicate a regularly priced item. Costco prices most goods at .99. A .97 price denotes a store manager’s deal, exclusive to that location. These prices likely won’t last long. Items

TikToker Cracks Secret Costco Pricing Code: 'Never Miss a Great Deal Again'. Watch the Video.
Business|Economy|World

Family keeps getting package after package they never ordered from Temu

OAKBROOK TERRACE, Illinois (WBBM) — Trucks have been delivering a nonstop stream of packages from Temu to a home in the western suburbs lately, but the family is not ordering anything.The family asked CBS 2 for help after they found themselves stuck with random stuff and boxes filling their space—and nowhere else left to turn. Tim Wood showed off all the items that have been cluttering his Oakbrook Terrace condo. Among other things, he has received 20 different military hats, cameras, knives, a crawfish trap, a belt with a golden buckle shaped like a car, and about 30 fishing vests

Family keeps getting package after package they never ordered from Temu
Business|WrittenByLAPost

Ordering in? Add a few bucks for blazing-fast delivery

Craving piping hot takeout, stat? Take it from the experts—your food won’t arrive crazy fast unless you cough up the minimum tip. Ordering delivery with just a few quick taps on your phone has become second nature. But while Uber Eats, DoorDash, and Grubhub make takeout easy, they don’t always guarantee fresh, lightning-fast service. Turns out, a fleeting factor determines whether your pad thai arrives lukewarm or mouth-wateringly hot and quick: the tip. Deliverers working as independent contractors rely on your generosity, not hourly pay. So when that growling stomach calls, how much should you tip to make sure your

Ordering in? Add a few bucks for blazing-fast delivery
Business|Travel|WrittenByLAPost

Disney staff outraged after their perks are taken away

Walt Disney World employees are up in arms after the resort’s new leadership abruptly terminated decades of cherished workplace perks, inciting staff-wide fury. Triggered by governor-appointed administrators now overseeing Disney’s Florida kingdom, the cost-cutting move eliminates over 70,000 Disney employees’ long-enjoyed free theme park access and hefty resort discounts. Seen as the ultimate dream job perk, this free park entry privilege has formed an integral part of Disney’s worker benefits package since the resort opened in 1971. Now, under pressure from Florida’s combative governor amid a politicized takeover of Disney’s district authority, these treasured park access passes have been reduced

Disney staff outraged after their perks are taken away
Business|WrittenByLAPost

Unlocking Better Communication with Love Languages at Work

The concept of Love Languages has been taking the world of relationships by storm since the book by Gary Chapman was first published in 1992. But did you know that these languages are not just confined to romantic relationships? They also play a significant role in the workplace.  For those unfamiliar with the concept, Love Languages are essentially the methods by which individuals express and receive love. According to Chapman’s theory, there are five Love Languages: Words of Affirmation, Quality Time, Receiving Gifts, Acts of Service, and Physical Touch. Each person has a primary Love Language that they prefer above

Unlocking Better Communication with Love Languages at Work
Americas|Business|Local|News|US|WrittenByLAPost

Thousands of Kaiser mental health workers continue strike at SoCal centers

Nearly 2,400 workers continue to strike as of Tuesday across Kaiser Permanente mental health facilities in Southern California.

Thousands of Kaiser mental health workers continue strike at SoCal centers
Business|Local|WrittenByLAPost

From Tipping to 'Healthcare' Fees: LA Restaurants Are Causing Controversy

Diners in Los Angeles, a city known for its diverse culinary scene, have long been familiar with the traditional restaurant bill trifecta consisting of the price of the meal, tax, and the customary tip. But recently, a strange addition has been showing up on bills: a service premium, often unclearly labeled as a “healthcare” or “wellness fee.” A concerned diner named Brittany Gorin brought attention to this hidden charge after receiving a high bill, which sparked an online inquiry on the Los Angeles subreddit. This online exposition swiftly snowballed into a group effort, culminating in a spreadsheet listing Los Angeles

From Tipping to 'Healthcare' Fees: LA Restaurants Are Causing Controversy
Business|Local|WrittenByLAPost

Unwelcome Airbnb Guest: A Legal Battle That's Lasted 500 Days

A peculiar saga is unfolding in the hills of Los Angeles, involving a luxurious guest house, an Airbnb guest who has overstayed her welcome, and a homeowner who is desperate to reclaim his property. This saga, which has been dubbed “the case of the tenant from hell”, has been ongoing for an astounding 500 days. The guest, identified as Elizabeth Hirschhorn, has not only refused to vacate the premises but is also demanding a hefty $100,000 relocation fee from the homeowner, Sascha Jovanovic. Elizabeth Hirschhorn had initially rented Sascha Jovanovic’s opulent guest house in Brentwood in September 2021 intending to

Unwelcome Airbnb Guest: A Legal Battle That's Lasted 500 Days
Business|WrittenByLAPost

Beyond the Laughter: Jerry Seinfeld's Insightful $100 Million Rejection

When Jerry Seinfeld, a famous comedian, turned down $100 million to make another season of his critically acclaimed comedy “Seinfeld,” many were caught aback and left wondering what could have prompted such an abrupt decision. Seinfeld’s choice illustrates the concept that timing major life decisions is an art that goes beyond monetary considerations and into the realms of personal fulfillment and intuitive understanding. Jerry Seinfeld’s ambition to go out on top is reflected in his choice to turn down a substantial opportunity to extend his career. He gave careful regard to the intimate relationship that had been developed between the

Beyond the Laughter: Jerry Seinfeld's Insightful $100 Million Rejection
Business|Local|WrittenByLAPost

HGTV's Unexpected Move: Iconic Brady Bunch House Sold at Unbelievable Price

The sale of the iconic Brady Bunch mansion has had a significant financial impact on HGTV, a globally renowned American pay television network, highlighting the complex interplay between cultural legacies and business pressures. HGTV spent a stunning $3.5 million in 2018 to buy the mansion made famous by “The Brady Bunch,” a legendary 1970s sitcom. The $3.2 million sale price of the renovated property resulted in a $300,000 loss for the network, despite the popularity of the television show that highlighted the improvements. In the ABC sitcom The Brady Bunch, which aired from 1969 to 197, the home in North

HGTV's Unexpected Move: Iconic Brady Bunch House Sold at Unbelievable Price
Business|Technology|WrittenByLAPost

The Zelle Pool Scam: Safeguard Your Money and Dreams

Popular digital payments network Zelle has been linked to a high-profile fraud involving the building of swimming pools recently. The precise intricacies of the scam will be revealed in this article, along with information on how customers may safeguard themselves against fraudulent actions and how digital payment systems are vulnerable. Early Warning Services is a privately held financial services firm that owns the digital payments network Zelle, situated in the United States. It was introduced in 2017 and is a useful tool for speedy transactions since it allows for instantaneous financial transfers across several U.S. banks. Unfortunately, fraudsters have also

The Zelle Pool Scam: Safeguard Your Money and Dreams
Business|Economy|WrittenByLAPost

Inside the Coordinated Effort to Roll Back State Child Labor Laws

When Iowa legislators voted in April to allow 14-year-olds to work overnight shifts, they advanced an agenda stealthily coordinated by a major conservative advocacy group. The Foundation for Government Accountability has orchestrated a systematic state-level push to weaken child labor regulations, achieving remarkable success in rolling back protections. This lobbying effort comes as the Biden administration scrambles to enforce federal child labor laws amid surging violations. The FGA notched its biggest win in March, playing a key role designing a new Arkansas law eliminating work permits and age verification for workers under 16. The legislation’s sponsor openly acknowledged it “came

Inside the Coordinated Effort to Roll Back State Child Labor Laws
Business|WrittenByLAPost

Two Sides of the Same Con: How Trump and Bankman-Fried Deployed Similar Tactics to Dupe the Public

Fabricating a compelling personal narrative and exuding an air of humble genius, Sam Bankman-Fried and Donald Trump crafted larger-than-life public personas that masked fraudulent business dealings. Though seemingly opposite characters, both men relied on similar tools of deception, from doctored financials to tight inner circles, to successfully pull off their respective cons. Their eventual downfalls exposed the manipulative showmanship hiding behind their calculated facades. On the surface, the disheveled tech wunderkind “SBF” and the brash real estate tycoon Trump appear personas apart. But a closer examination reveals striking parallels in how they carefully curated their images to enable their deceptive

Two Sides of the Same Con: How Trump and Bankman-Fried Deployed Similar Tactics to Dupe the Public
Entertainment|Business|WrittenByLAPost

Streaming Services Now at a Crossroads. Can Innovation Survive?

A Golden Age of television led by streaming services like Netflix and Hulu has given way to an uncertain future, as economic challenges, industry strikes, and shifting viewer habits shake up the landscape. Behind the scenes, a high-stakes battle is unfolding that will shape the next era of TV. For years, streaming allowed consumers unprecedented choice in entertainment options and fueled a content boom. But today, with profits waning and debt mounting, streamers are cutting back on shows amid a period of turmoil. What does the path ahead look like? This TV season has seen major delays and cancellations as

Streaming Services Now at a Crossroads. Can Innovation Survive?
Business|Entertainment|WrittenByLAPost

Reality Performers Demand $5K Per Episode Minimum

In the world of glitter and glamour, reality TV stars are now pushing for more concrete recognition, seeking union protections. The reality TV industry, which has long been the stepchild of the entertainment world, is witnessing an uprising led by well-known figures like Bethenny Frankel, former star of the “Real Housewives of New York City”. The call for unionization comes at a critical time when Hollywood’s labor movement is already experiencing dual strikes by writers and actors guilds. Frankel, who catapulted to fame with her reality TV stints and later sold her Skinnygirl cocktail business for an estimated $120 million,

Reality Performers Demand $5K Per Episode Minimum
Business|World|WrittenByLAPost

Microsoft Japan Says 4-Day Weeks Boosted Productivity 40%

Microsoft Japan recently tested a radical perk for its workers: a four-day workweek with pay for five days of work. Employees took off entire Fridays in August while receiving their normal salaries. Microsoft says this compressed schedule boosted productivity by 40% compared to August 2018. The company also cut meeting times from 60 to 30 minutes, capping attendance at five people per session. Microsoft urged using chat instead of wasteful emails and meetings. The news excited workers in Japan and globally, with many hoping for four-day weeks at their own jobs. Microsoft isn’t alone in experimenting with abbreviated schedules. In

Microsoft Japan Says 4-Day Weeks Boosted Productivity 40%
Business|WrittenByLAPost

Family Slammed With Fee After Kids Get Too Loud at Restaurant

A Georgia restaurant sparked outrage and went viral after tacking a $50 “adult surcharge” onto the bill of a large family dining with children. The incident occurred at Toccoa Riverside Restaurant in the small town of Blue Ridge. Lyndsey Landmann and her husband went to dinner there with their two young kids plus four other families – a group of 11 children in total ages 3 to 8. According to Landmann’s account, the kids were well-behaved during the meal. But after dessert, owner Tim Richter approached the table and announced he was imposing a $50 surcharge for the children being

Family Slammed With Fee After Kids Get Too Loud at Restaurant

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