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American Business News for 24 Jun 2024
Sonoco purchases European food-can company Eviosys for $3.9 billion
Market Watch - 24 Jun 2024 15:58
Packaging giant Sonoco is poised to become the leading maker of metal food cans globally.
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Fed's Goolsbee lays out dovish case for potential rate cuts and flags 'a couple of warning signs' on economy
Market Watch - 24 Jun 2024 15:45
Chicago Fed President Austan Goolsbee said Monday there are new signs of stress on the economy that should make the U.S. central bank at least wonder if its policy rate needs to be as high as it... currently is.
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Bugatti unveils new sports car with 1,800 horsepower and a $4M price tag
New York Post - 24 Jun 2024 02:22
High-performance automaker Bugatti has unveiled its next-generation hyper sports car, the Tourbillon, its successor to the Chiron.
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Nvidia's chips are very popular. Its brand, less so.
Business Insider - 24 Jun 2024 01:22
Nvidia recently became a multi-trillion-dollar company amid the AI boom. However, according to a consulting firm, it struggles with brand recognition.
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China and EU to hold talks on electric car tariffs
BBC - 24 Jun 2024 00:13
The EU and China still disagree about the import taxes, but have agreed to discuss them further.
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2
M.M.LaFleur, Perigold Craft Design Partnership Centered on 'Fashion at Home'
Retail Touch Points - 24 Jun 2024 17:56
Luxury home retailer Perigold and women's apparel brand M.M.LaFleur have entered a cross-category design partnership that will showcase "the art of fashion at home," both online and in M.M.LaFleur's... stores. The collaboration centers on three curated "looks" -- Off-Duty Luxe, High-Contrast Confidence and Natural-Born Elegance -- that will be featured on both brands' websites in
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A former Estée Lauder executive wanted to create a Harvard scholarship for students of Armenian descent. The school turned her down.
Market Watch - 24 Jun 2024 15:26
The case comes as scholarships tied to race and ethnicity are posing challenges to donors and schools in the wake of the Supreme Court's affirmative action decision
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How a Texas Factory Is Emerging as a Key Ammo Supplier for the U.S., Ukraine
Wall Street Journal - 24 Jun 2024 15:12
A General Dynamics facility slated to make artillery shells is part of the Pentagon's $6 billion push to produce more munitions domestically.
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WeWork's exit from India unit unlikely to impact domestic co-working market
Business Standard - 24 Jun 2024 14:48
Industry executives believe investors are bullish on this sector in India and their interest has increased after the successful IPO of Awfis Space Solutions
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Apple's stock is up 25% from its April low. Here's how it can gain another 25%.
Market Watch - 24 Jun 2024 14:42
An analyst thinks Wall Street still underestimates AI's potential to drive iPhone device upgrades.
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Eurofins Scientific's stock drops on allegations from short-seller Muddy Waters
Market Watch - 24 Jun 2024 14:32
In a 35-page report, Muddy Waters said Eurofins Chief Executive Gilles Martin has spent decades enriching himself through improper real-estate deals
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EU Hits Russia With First Sanctions on LNG Shipments
Wall Street Journal - 24 Jun 2024 14:16
The European Union slapped a raft of new sanctions on Russia over its full-scale invasion of Ukraine, targeting the Kremlin's liquefied natural gas shipments for the first time.
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Banking Sector Poses Highest Money Laundering Risk, Singapore's Central Bank Says
Bitcoin.com - 24 Jun 2024 01:16
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also... highlights risks related to digital assets and cryptocurrencies. To mitigate these risks, the Monetary Authority of Singapore (MAS) has implemented stringent regulatory measures under the Payment […]
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I charged nearly $20,000 to my credit card to help my sister buy a car, and I got huge value from the rewards
Business Insider - 24 Jun 2024 23:57
I love getting the most out of my credit cards, and my sister knows it. That's why she offered to let me charge her car purchase to my credit card.
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This state could soon be the first to give every resident a $750 universal basic income each year with no strings attached
Business Insider - 24 Jun 2024 23:55
Oregon residents may soon vote on a universal basic income program that would give every resident $750 each year.
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Alicia Vikander says she never really got used to Jude Law's 'repulsive' smell as King Henry VIII in 'Firebrand' — but they still had a blast reuniting on set
Business Insider - 24 Jun 2024 23:54
"Firebrand" stars Jude Law as Henry VIII and Alicia Vikander as Katherine Parr. They spoke to BI about the film's sex scenes and Law getting stinky.
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5 signs you're keeping too much money in your checking account
Business Insider - 24 Jun 2024 23:50
Money doesn't work very hard in a checking account — moving it could help it grow faster, earn more interest, and work harder.
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My partner and I were worried about starting a business together, but it's only made us stronger
Business Insider - 24 Jun 2024 23:49
My partner and I started a non-alcoholic drink brand together, and our business made our relationship even stronger. Communication is key.
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Why the CMO is "the voice of the customer," according to Lenovo CMO Emily Ketchen
Business Insider - 24 Jun 2024 23:47
Emily Ketchen, CMO and VP, intelligent devices and international markets at Lenovo, explains how she uses her role to influence products, in an interview at the Cannes Lions 2024 International... Festival of Creativity.
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Trump says he's made his veep decision in his 'mind' and the person will be at Thursday's debate
Business Insider - 24 Jun 2024 23:41
Trump says he has decided on a vice presidential candidate, but won't reveal who just yet.
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How Jessica Apotheker of BCG makes sure the CMO role is relevant to the organization
Business Insider - 24 Jun 2024 23:37
Jessica Apotheker, the global CMO at BCG, advises CMOs to give business leaders data insights about their business and to be consistent in measuring their own impact. She was interviewed by Business... Insider at Cannes Lions 2024.
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Netflix just tweaked its famous 'keeper test' used to drive out underperformers
Business Insider - 24 Jun 2024 23:35
Netflix's "keeper test" isn't going anywhere, but the company added some clarifying language.
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Alter3 is the latest GPT-4-powered humanoid robot
Venture Beat - 24 Jun 2024 23:34
Alter3 is a humanoid robot that uses GPT-4 to reason about natural language instructions and map them to API calls to the robot
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Summer is here -- but pool demand less so, Pool Corp. says
Market Watch - 24 Jun 2024 23:33
Swimming-pool gear distributor Pool Corp. on Monday slashed its profit outlook for this year, citing "persistently weak" demand for new pool construction, sending shares sharply lower in after-hours... trade.
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How to watch Afghanistan vs. Bangladesh: Live stream T20 World Cup
Business Insider - 24 Jun 2024 23:30
Afghanistan and Bangladesh will compete for the final spot in the ICC Men's T20 World Cup semi-finals lineup. We'll show you how to watch live.
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