Category Business News

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The White House put Tucker Carlson on its list of potential investors in TikTok as it raced to…

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(Reuters) -S&P Global upgraded its outlook on Wells Fargo to “positive” from “stable”, the ratings provider said on Friday, after the U.S. bank was released from a $1.95 trillion asset cap earlier this week. The U.S. Federal Reserve’s unprecedented, seven-year…

Peter Barsoom, CEO and co-founder of 1906, is urging Gov. Greg Abbott to veto the legislation, which is currently awaiting his signature. Texas could soon ban THC products—including vapes, gummies, and drinks—after the state’s legislature passed a bill that is…

As Donald Trump and Elon Musk’s “bromance” broke apart on Thursday, tech industry figures who had backed both men raced to contain the fallout. “Elon isn’t taking calls from anyone,” complained one Silicon Valley financier and major donor to Republican…

The tit-for-tat between Tesla CEO Elon Musk and President Donald Trump sent shares of the EV maker into free-fall Thursday in an epic stock plunge that wiped out tens of billions from Musk’s wealth. Tesla shareholders went on a roller-coaster…

Sunil Mittal, the founder of Bharti Airtel, and private equity firm Warburg Pincus are currently in exclusive negotiations to acquire a 49% stake in the Indian arm of China’s home appliance giant Haier. The stake is reportedly valued at around…

For cryptocurrency fintech and stablecoin issuer Circle, going public has long been part of the plan. “A few years ago, in 2017-2018, when we created USDC, we asked ourselves if we’re going to create a new base layer of money…