Sat, January 25, 2025

by: MSN

Mayor Bass waives taxes for businesses impacted by fires

Mayor Karen Bass Friday issued an emergency executive to waive 2025 business taxes for residents and businesses impacted by wildfires. The order directs the Office of Finance to draft an ordinance that would postpone taxes for businesses.

by: businessday

Toyota tops global auto brands as Tesla drops in 2025 rankings

Toyota Motor Corporation has retained its position as the world's most valuable car brand in the Brand Finance Global 500 report for

by: MSN

LA Mayor Announces Expanded Tax Relief for Businesses Impacted by Fires

Mayor Karen Bass Friday issued an emergency executive to waive 2025 business taxes for residents and businesses impacted by wildfires. The order directs the Office of Finance to draft an ordinance that would postpone taxes for businesses,

by: cfodive

Agentic AI is here. Are CFOs ready?

by: Reuters

Wall Street banks prepare sale of up to $3 billion in X loans next week, sources say

Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said on Friday.

by: Investopedia

How the Man Who Single-Handedly Brought Down One of the World's Oldest Investment Banks Became a Financial Misconduct Investigator

Nick Leeson went from being a symbol of everything that is wrong with financial markets to investigating the kind of misconduct he became famous for.
Fri, January 24, 2025

by: cnbctv18

Budget 2025 Expectations Highlights: FM to lead Halwa ceremony, marking the start of budget preparations

This year, the anticipation is high as the budget comes just ahead of the crucial Delhi elections. Many are hopeful that it will deliver measures as sweet as the halwa served at the ceremony.

by: Time

What Companies at Davos are Saying About Climate and Trump

I'll be the first to acknowledge the counter arguments. There are areas where the Trump presidency is bound to slow things down. Companies will be less likely to invest in nascent sectors that rely on supportive government dollars or policy, meaning that technologies like hydrogen and biofuels may take a hit.

by: Reuters

BofA plans to engage with White House, Congress on debanking - spokesperson

Bank of America will be engaging with President Donald Trump's administration and Congress on regulations that the bank said can lead to it exiting banking relationships with a customer, a spokesperson said on Friday.

by: Yahoo

'The purpose of these pardons is to create and encourage vigilantes and militias': J6 prosecutor

Former federal prosecutor Brendan Ballou joins Nicolle Wallace to discuss the pardons for January 6th rioters and organizers like Enrique Tarrio and Stewart Rhodes who have been met with a warm welcome from some Republicans.

by: TechCrunch

TechCrunch Disrupt 2025 tickets now on sale: Lowest rates ever

TechCrunch Disrupt 2025 tickets are now on sale at the lowest rates of the year. Taking place at Moscone West in San Francisco from October 27-29. Sale ends February 28!

by: Reuters

Wall St slips with mixed data and earnings ahead of Fed week

Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings reports and prepared for a week filled with economic releases and a Federal Reserve meeting.

by: Forbes

Predictions For 2025: Navigating AI, Pricing And Strategy Shifts

After much advancement and excitement around AI technologies in 2024, the coming year promises to be much more measured and thoughtful.

by: CNET

Attention Business Travelers: These Chase Business Credit Cards Could Help You Save

After graduating with a journalism degree from SUNY Oswego, he wrote credit card content for Credit Card Insider (now Money Tips) before moving to ZDNET Finance to cover credit card, banking and blockchain news.

by: Time

Who Might Buy TikTok? From MrBeast to Elon Musk, Here Are the Top Contenders

Content creator Jimmy Donaldson, known on the Internet as MrBeast, has made it clear he is interested in buying TikTok. Donaldson has the most subscribers of any user on YouTube— over 340 million—and boasts over 113 million TikTok followers.

by: Forbes

SoFi Stock Has Doubled As Investors Await Q4 Earnings

I favor the bullish case — although in my view the market will only react positively if SoFi exceeds investor expectations and raises its guidance when the company

by: AOL

Dana's FY24 Preliminary Results Highlight Increased Margins Amid EV Demand Slowdown; Stock Jumps

Dana Incorporated (NYSE:DAN) shares traded higher on Friday after the company disclosed FY24 preliminary results, FY25 outlook and provided a business update. FY24 Preliminary Results: The company reported sales of around $10.

by: Reuters

BNP Paribas' ESG rethink to focus on profitable sustainable finance

BNP Paribas is rethinking sustainable finance to focus on profitable deals and on redefining what it considers sustainable, a senior executive said, as it became the latest bank to distance itself from the ESG label.

by: inc42

Game Of Drones: How DroneAcharya Plans To Rule Indian Skies With AITMC

Soon after signing a term sheet with AITMC for a merger, DroneAcharya's Prateek Srivastava said it will act as a "force multiplier" for both

by: Devex

The top global development employers in the Philippines

We're continuing our exploration of the top global development employment opportunities in key regions with a look at the organizations hiring the most in the Philippines.

by: Forbes

Three Lessons U.S. Business Leaders Can Glean From EU Enterprises

For U.S. business leaders, particularly in the financial space, there are lessons to be gleaned from the EU and its enterprises.

by: Reuters

Heard in Davos: What we learned from the WEF in 2025

World leaders and business executives left the Swiss mountain resort of Davos after a week of discussions dominated from a distance by Donald Trump's return as U.S. President.

by: Fortune

CEOs: Implementing AI without understanding this one thing could cost you

Amid Silicon Valley hype, looking at AI through the lens of neuroscience offers a valuable reality check.

by: MoneyWeek

Home insurance and storm damage: how the 55mph storm damage definition could affect your

If Storm Éowyn damaged your home, then this 55mph could mean you may not be able to make a claim on your home insurance

by: Reuters

British growth plans get positive response in Davos, minister says

British industry and energy minister Sarah Jones said that meetings in Davos this week with CEOs considering where to make their next investment had been positive as the government took its growth mantra to the Swiss mountains.

by: Bill Williamson

**Why a Hyatt Timeshare Might Be the Worst Investment You Ever Make**

by: MarketWatch

'U.S. businesses are starting 2025 in an upbeat mood,' S&P finds, as Trump takes reins over the economy

The first look at Donald Trump's economy shows the U.S. still growing at brisk pace, with business leaders expecting even better times in the year ahead.

by: CoinTelegraph

Davos 2025: GBBC partners with AI 2030 initiatives, introduces 2025 Ambassador Cohort, and more

Returning for its 8th year, Global Blockchain Business Council (GBBC), the world's largest leading non-profit association for blockchain and digital assets, convened thought leaders from across blockchain,

by: Reuters

AmEx profit jumps on strong holiday season spending

American Express reported a 12% jump in fourth-quarter profit on Friday, as more consumers swiped cards during the holiday season for travel and online shopping.

by: CNET

Work for Yourself? Here's How a Business Credit Card Could Help

Business credit cards can help you earn rewards and manage your finances, but only if you use them responsibly.

by: Reuters

US business activity at nine-month low in January; hiring accelerates

U.S. business activity slowed to a ninth-month low in January amid rising price pressures, but firms reported boosting hiring, supporting the Federal Reserve's cautious approach to cutting interest rates this year.

by: Bizcommunity

Trends for South African SMEs in 2025: Unlocking a new era for growth and innovation

In South Africa, small and medium enterprises (SMEs) comprise 91% of formalised businesses, provide approximately 60% of employment and contribute as much as 34% to the

by: tbsnews

5th investment Sukuk coming, expats can participate with foreign currency

The central bank issued a press release in this regard on Thursday (23 January), stating that it plans to issue the Social Impact Sovereign Sukuk, BGIS-5, worth Tk3,000 crore for the project titled "Construction of Important Bridges on Rural Roads Phase 2 (CIBRR-2)".

by: Reuters

Costco shareholders reject call for review of diversity programs

Costco Wholesale shareholders voted strongly against a proposal requesting a report on the risks of maintaining its diversity and inclusion initiatives, the U.S. company said on Thursday, sending a message running counter to the intense scrutiny many such corporate policies face.

by: Indiatimes

Budget 2025 Expectations Live Updates: Will FM Nirmala Sitharaman lower income tax rates to boost consumption, GDP growth?

Will Finance Minister Nirmala Sitharaman present a Budget that will boost consumption, bring GDP growth back o

by: Forbes

Navigating IRA And 401(k) Rollovers: Key Considerations For Retirement Savers

An IRA or 401 (k) rollover is one of those bumps in the road. A number of events can arise that make a rollover necessary, from job termination to plan dissolution to retirement. In each case, factors should be considered to ensure momentum is retained and costly penalties are avoided.

by: MSN

'We have a very focused business plan going forward,' says Polestar CEO

Michael Lohscheller, CEO of Polestar, discusses the firm's business strategy and the differences between Polestar and Tesla.

by: MSN

5 Top Trending Coins And The Best Crypto ICO Presale You Might Be Missing Out On!

The cryptocurrency market is buzzing with excitement as innovation continues to push the boundaries of what's possible. From the explosive growth of decentralized finance (DeFi) and the immersive experiences of the metaverse to the rise of artificial intelligence (AI) and the burgeoning field of Web3,

by: MSN

China 2024 fiscal revenue growth shrinks, non-tax income jumps

China's fiscal revenue in 2024 grew 1.3% from a year earlier, slowing sharply from a 6.4% rise in 2023, finance ministry data showed on Friday, as a protracted property market slump and slowing domestic demand weighs on the economy.

by: MSN

CEO Spotlight: Orhan Ural on Steering a Prime Brokerage Firm

Orhan Ural is the CEO of FTD Limited, an authorized and licensed multi-asset brokerage firm established in 2017.

by: MSN

UK faces 'stagflation' warning amid rising costs and faltering growth

UK faces 'stagflation' warning amid rising costs and faltering growth - A survey of businesses found slight growth in the private sector, but companies are still concerned about the prospect of job cuts and inflation.

by: MSN

The Smartest Cheap Stocks to Buy With $1,000 Right Now

Finding genuinely cheap stocks in a pricey stock market can be tough. Some stocks may look cheap based on standard valuation metrics, but they're anything but once you factor in their growth prospects.

by: Fortune

Founders: Answer these 2 questions before you say 'yes' to an investor for your startup

Startup columnist Andy Dunn on when startups should bootstrap and how to vet a VC.

by: Politico

Your best guesses on 2025

— Which party leaders will still have their jobs at the end of 2025? More than 90 percent see Poilievre and Bloc Leader YVES-FRANÇOIS BLANCHET keeping their gigs. Seventy percent say Trudeau's successor will stay on, and slightly fewer say ELIZABETH MAY and MAXIME BERNIER will still be leaders.

by: MSN

A Delicate Balance: India's Economy in a Period of Caution Amid Rising Pressures - DUN & BRADSTREET

Dun & Bradstreet, a global leader in business decisioning data and analytics, has released its Economy Observer report for January 2025. Economy Observer is a monthly report sharing in-depth analysis of key macroeconomic developments in India and provides forecasts for key economic indicators,

by: MSN

Trump's deportation plans could raise the price of your retirement

President Donald Trump's mass deportation plans could make it harder for older Americans to access healthcare and increase some of their costs.

by: MSN

Trump could do incredible damage to Mexico and Canada with a single signature

Trump has threatened to impose 25% tariffs on all goods from Canada and Mexico on February 1 in response to what he views as inadequate border security failing to stop drugs and migrants from coming into the United States.

by: MSN

UK is effectively slowing down investment and bringing energy industry to a standstill, says Enquest CEO

Amjad Bseisu, CEO of Enquest, discusses the contrasting energy industries in the U.S. and the U.K. and expanding the firm's business to Asia.

Dana's FY24 Preliminary Results Highlight Increased Margins Amid EV Demand Slowdown; Stock Jumps

Dana Incorporated (NYSE:DAN) shares traded higher on Friday after the company disclosed FY24 preliminary results, FY25 outlook and provided a business update. FY24 Preliminary Results: The company reported sales of around $10.

The article from AOL Finance discusses Dana Incorporated's preliminary financial results for the fiscal year 2024. Dana, a global leader in drivetrain and e-Propulsion systems, reported a sales increase to approximately $10.6 billion, up from $10.2 billion the previous year. Despite this growth, the company faced challenges including a $150 million impact from UAW strikes and a $100 million hit from foreign exchange rates. Adjusted EBITDA was expected to be between $850 million and $870 million, slightly below the initial guidance due to these external factors. The company also highlighted its strategic focus on electrification, with significant investments in electric vehicle components, aiming to capitalize on the growing EV market. Additionally, Dana announced plans for cost reduction and operational efficiency to mitigate the effects of the strikes and currency fluctuations.

Read the Full AOL Article at:
https://www.aol.com/finance/danas-fy24-preliminary-results-highlight-172936203.html