Business

Federal Reserve Board – Agencies issue joint statement on risk-management considerations for crypto-asset safekeeping

Federal Reserve Board – Agencies issue joint statement on risk-management considerations for crypto-asset safekeeping

Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. July 14, 2025 Agencies issue joint statement on risk-management considerations for crypto-asset safekeeping Federal Deposit Insurance Corporation Federal Reserve Board Office of the Comptroller of the Currency For release at 1:30 …

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Meta’s New Superintelligence Lab Is Discussing Major A.I. Strategy Changes – The New York Times

Meta’s New Superintelligence Lab Is Discussing Major A.I. Strategy Changes  The New York Times Meta keeps AI spending spree going — plus Amazon shuts down Prime Day critics  CNBC Meta’s Days of Giving Away AI for Free Are Numbered  Bloomberg Meta’s Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push  Reuters Mark Zuckerberg says Meta is building a 5GW AI data …

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Starbucks to require corporate staff work from office four days a week – Financial Times

Starbucks to require corporate staff work from office four days a week – Financial Times

Starbucks to require corporate staff work from office four days a week  Financial Times Starbucks employees to return to the office four days a week — or take a payout  CNBC Starbucks CEO Brian Niccol increases in-office mandate — offers exit payouts to opt out  Yahoo Finance Starbucks takes aim at remote work, says some employees may need to relocate to headquarters  AP News …

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President Trump Delivers on MAHA Push – The White House

President Trump Delivers on MAHA Push – The White House

President Donald J. Trump took office promising to confront the chronic health crisis plaguing Americans — and six months later, he is delivering on that promise by removing harmful chemicals from our food supply. Today, the Trump Administration announced that dozens of ice cream companies — representing more than 90% of the ice cream volume sold in the U.S. — …

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GM’s Final EV Battery Strategy Copies China’s Playbook: Super Cheap Cells

GM’s Final EV Battery Strategy Copies China’s Playbook: Super Cheap Cells

General Motors has just announced its latest and likely final piece in what now appears to be a three-pronged cell-chemistry strategy to power GM’s lineup of a dozen EVs through the end of the decade and beyond. GM has stated today it will build low-cost lithium iron phosphate (LFP) battery cells in Spring Hill, Tennessee, starting in late 2027. Conversion …

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Americans could pay more if Trump makes good on his tariff threats

Americans could pay more if Trump makes good on his tariff threats

CNN  —  President Donald Trump expanded his tariff threats over the weekend, calling for 30% levies on two of America’s largest trading partners: the European Union and Mexico. Those tariffs are set to take effect August 1, unless either party inks a trade deal or takes other measures that cause the president to reverse course. If that does not happen, …

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Prime Day event drove over $24B in U.S. e-commerce sales, gen AI traffic was up 3,300%

Prime Day event drove over B in U.S. e-commerce sales, gen AI traffic was up 3,300%

Amazon’s Prime Day, which leads to an overall boost to U.S. e-commerce thanks to competitive sales, saw a significant increase in retail traffic driven by generative AI products, including chatbots and browsers. According to a post-Prime Day analysis by Adobe Analytics, gen AI traffic to U.S. retail sites increased by 3,300% year-over-year — which was more than the firm had …

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Meta's Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push – Reuters

Meta’s Zuckerberg pledges hundreds of billions for AI data centers in superintelligence push  Reuters Meta CEO Mark Zuckerberg touts AI build-out, says company will spend hundreds of billions on data centers  Yahoo Finance Mark Zuckerberg Says Meta to Build Several Gigawatt-Size Data Centers  Bloomberg Meta keeps AI spending spree going — plus Amazon shuts down Prime Day critics  CNBC Eighty years after bomb, is …

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Panasonic Opens World’s Largest EV Battery Plant In The U.S.

Panasonic Opens World’s Largest EV Battery Plant In The U.S.

Panasonic opened its second battery plant in the U.S. on Monday. It’s located in De Soto, Kansas. Tesla is Panasonic’s largest customer, and local production will help protect the batteries from tariffs and global trade tensions. The 2170 cylindrical cells made in De Soto will have more energy capacity, the company claims. Tesla battery supplier Panasonic Energy on Monday inaugurated …

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Here's how Trump's feud with Fed Chair Jerome Powell escalated – Axios

Here’s how Trump’s feud with Fed Chair Jerome Powell escalated  Axios Contenders to succeed Powell slam Fed chair as White House pressure intensifies  Yahoo Finance Trump again slams ‘stupid’ US Fed chairman over interest rate levels  Al Jazeera Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project  CNBC Fed Defends Renovations as White House Widens Attacks on Central Bank  The …

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