Business
• Business • Views: 745
Supreme Court verdict could detonate Bitcoin volatility within hours
Bitcoin is trading at a crucial turning point as markets prepare for a rare convergence of legal and macroeconomic factors.
• Business • Views: 551
U.S. oil companies cautious as Trump floats return to Venezuela’s crippled energy sector
American energy companies have not yet decided whether they will return to Venezuela to revitalize an oil industry that has endured years of neglect.
• Business • Views: 787
Billionaires swarm St Barths as superyachts clog the coast and locals slam ‘tacky’ takeover
Billionaires have taken over St Barths as the ultra-wealthy - including individuals like Jeff Bezos and Leonardo DiCaprio - have flocked to the small Caribbean paradise for New Year’s Eve.
• Business • Views: 745
Meet the clown-lawyer representing Elon Musk in his courtroom battle with Sam Altman
Elon Musk and Sam Altman are engaged in a courtroom clash of the titans over the origins of OpenAI, now one of the most important artificial intelligence companies in the world.
• Business • Views: 492
Global billionaires add record $2.2 trillion as markets surge worldwide, with Elon Musk and tech giants leading the wealth boom
The 500 wealthiest individuals globally increased their wealth by a record $2.2 trillion over the last year, as surging markets—including stocks, cryptocurrencies, and precious metals—boosted asset values.
• Business • Views: 469
Top US law firms offer bonuses exceeding $200,000 to retain mid-level associates
Leading law firms are providing significant cash bonuses to junior lawyers—sometimes surpassing $200,000 each—in an effort to retain them and prevent them from being poached by competitors, as the competition for talent intensifies.
• Business • Views: 571
Bitcoin could rally over 60% as Kaleo compares current cycle to 2020
Crypto analyst Kaleo says Bitcoin is mirroring its 2020 market structure and could enter a new long-term bullish phase, potentially rising over 60% despite current investor skepticism.
• Business • Views: 530
Trump suspends FCPA, lifting market value of previously sanctioned companies by $39 billion
On 10 February 2025, when United States President Donald Trump signed the executive order suspending the enforcement of the Foreign Corrupt Practices Act (FCPA), companies previously involved in overseas corruption cases collectively gained around USD 39 billion.
• Business • Views: 595
Warner Bros. board rejected Ellison bid in favor of Netflix deal
Oracle co-founder Larry Ellison is increasing his involvement in the fight for Hollywood’s future, personally stepping in to support his son David Ellison’s hostile takeover attempt of Warner Bros. Discovery.
• Business • Views: 486
American Bitcoin Corp shares of Eric Trump plunge over 50% in 30 minutes amid sharp crypto market crash
Shares of American Bitcoin Corp (ABTC), owned by Eric Trump — son of the former U.S. president — suffered a dramatic collapse on Tuesday, dropping more than 50% in just half an hour, triggering several automatic trading halts.
• Business • Views: 475
Reuters: ExxonMobil seeks to buy Lukoil’s stake in major Iraqi oil field
U.S. energy giant ExxonMobil has notified Iraq’s Ministry of Oil that it wants to purchase Lukoil’s controlling stake in the West Qurna-2 oil field — Russia’s largest overseas project — according to Iraqi officials cited by Reuters.
• Business • Views: 522
Lebanese bank SGBL sued in U.S. after allegedly issuing checks it “knew could not be honored” amid Lebanon’s financial collapse
Société Générale de Banque au Liban, a leading lender in the Middle East, is confronting a civil lawsuit in the U.S. for its refusal to cash a check owed to a Lebanese-American businessman.
• Business • Views: 568
NYC’s socialist council pushes COPA takeover: Owners forced to offer buildings to nonprofits — or pay $30,000
The City Council’s far-left majority is pushing the Big Apple into a “communist dystopia” with Stalinesque legislation designed to control how private property is sold — and penalizing owners $30,000 if they resist.
• Business • Views: 553
NYC’s ‘Bernie Madoff of landlords’ Steve Croman faces foreclosure on 35 Manhattan buildings after defaulting on $170 million in loans
New York City’s "Bernie Madoff of landlords" has defaulted on nearly $170 million in loans and is facing foreclosure on approximately 35 Manhattan properties, according to new court records.
• Business • Views: 668
Connecticut tow companies rigged car values to seize and flip vehicles for pennies, investigation finds
Connecticut towing companies exploited legal loopholes to seize and sell cars, including luxury vehicles, for far below market value — often without owners’ knowledge
• Business • Views: 666
13 Italian pasta brands could vanish from U.S. shelves as 107% tariffs hit
Thirteen Italian pasta brands could pull their products from American grocery store shelves or hike prices as soon as January, when punishing 107% tariffs are set to take effect.
• Business • Views: 688
Nancy Pelosi’s family amassed $133 million in stock gains while she served in Congress, outperforming markets by 700%
Former House Speaker Nancy Pelosi and her husband earned at least $130 million in stock profits during the California Democrat’s 37 years in Congress — an astounding return of 16,930%.
• Business • Views: 520
Arizona residents outraged after 89% property tax hike to fund $80M high school football dome
Residents of an Arizona city are upset, claiming they unknowingly agreed to an 89 percent property tax increase to fund an $80 million high school football stadium.
• Business • Views: 450
U.S. debt hits record $38T as GOP lawmakers stay silent after backing Trump’s $2.4T tax cuts
As the national debt hit a record $38 trillion this week – rising by $1 trillion faster than ever outside the pandemic – many Republican lawmakers who once decried spending stayed silent, something the progressive news outlet The Tennessee Holler promptly mocked them over.
• Business • Views: 527
Billionaire heir Timothy Mellon revealed as mystery donor who gave $130M to pay U.S. troops
Billionaire businessman Timothy Mellon – scion of the famed American banking family – is the deep-pocketed donor who gave $130 million to pay US troops during the government shutdown.
• Business • Views: 549
France investigates Binance over money laundering suspicions
French regulators have launched large-scale inspections of cryptocurrency companies as part of efforts to combat money laundering.
• Business • Views: 601
The Trump family has already made over a billion dollars from the crypto industry
The family of U.S. President Donald Trump has earned over one billion dollars from cryptocurrency projects, including the DeFi platform World Liberty Financial and the meme coins TRUMP and MELANIA.
• Business • Views: 433
Florida charter jet firm Verijet files for bankruptcy, cancels all flights — owes up to $50M
Verijet, a Florida-based charter operator, has filed for bankruptcy and canceled all flights, according to documents obtained and shared by Private Jet Card Comparisons.
• Business • Views: 698
JPMorgan chase launches $10 Billion, 10-Year plan to boost U.S. strategic industries
JPMorgan Chase will invest $10 billion over 10 years in U.S. companies critical to defense, AI, energy, and manufacturing. The initiative aims to strengthen national security and reduce reliance on foreign sources.
• Business • Views: 691
David Bren’s “Bunker” club turns out to be a luxury investment scam
David Bren promised investors an ultra-luxury car club with high membership fees, but the project never materialized, leaving many with huge financial losses. Lawsuits allege he misappropriated funds to support his lavish lifestyle.
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