Fri, January 24, 2025

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

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.

by: MSN

Supreme Court allows small business registration rule to take effect, aimed at money laundering

The Supreme Court on Thursday revived a requirement that owners of millions of small businesses register with an arm of the Treasury Department charged with fighting money laundering and other financial crimes.

by: MSN

Wigan Borough Business Awards 2025: celebrating excellence in our business community

Following the incredible success of last year's inaugural event, the Wigan Borough Business Awards are officially back for 2025.

by: MSN

Crafting Credibility: How LinkedIn Company Pages Boost Your Solo Business

Having a LinkedIn Company Page offers numerous advantages for solopreneurs, entrepreneurs, freelancers, and self-employed consultants, and here's why.

by: MSN

A CEO did business on the ski slope instead of the meeting room. These are our biggest takeaways from a week at Davos.

BI's takeaways and memorable moments from Davos, including 'FOBO' — fear of being obsolete — and how a CEO traded the meeting room for the ski slope.

by: Indiatimes

10 most valuable brands in the world in 2025; find out India's leading brand

In 2025, Brand Finance ranked the world's most valuable brands, highlighting companies like Apple, Microsoft, Google, and Amazon for their innovation

by: MSN

Northern Arc Enables DCB Bank's Digital Lending Journey Through Its Proprietary Platform nPOS

Northern Arc Capital, a leading diversified NBFC and financial services platform, has signed a Memorandum of Understanding (MoU) with DCB Bank Ltd., a prominent new generation scheduled commercial bank to leverage Northern Arc's cutting-edge nPOS platform to enhance and scale DCB Bank's digital lending capabilities further cementing a more than a decade old relationship between

by: MSN

Budget 2025: A CFO's playbook for operational excellence and long-term growth

CFOs must align financial operations with Budget 2025-26 policies, focusing on cost optimisation, tax incentives, and digital transformation. Emphasising sustainability, regulatory compliance, and capital allocation is vital.

by: MSN

Budget 2025: Industry expects host of measures in Feb 1 Budget to propel growth and...

The Union Budget for 2025-26 arrives amidst global economic uncertainties and moderating domestic growth. Against this backdrop, economists shared their expectations that could shape the government's policy in the upcoming budget.

by: MSN

Business leaders can no longer ignore the 'north-south' climate divide, top UN official warns

The head of U.N. Global Compact spoke about the growing "chasm" between the global north and south over climate finance and adaptation.

by: MSN

Kenyan mother curses daughter for failing to give her money "Anaomba pesa kila saa"

A Kenyan woman is contemplating cutting ties with her family who neglected her at her time of need after her mother cursed her for not sending money.

by: Tuko

Tanzania Unveils New Banknotes to Be Circulated from February 2025

Tanzania has introduced new banknotes, which will begin circulating in February 2025. The updated currencies based on the 2010 series feature minor modifications.

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

The article from MoneyWeek discusses how the definition of "storm damage" can significantly impact home insurance claims. It explains that insurers often have specific criteria for what constitutes a storm, typically involving high winds, heavy rain, or snow, but the exact thresholds can vary between insurance providers. This variation can lead to disputes over whether damage was caused by a storm or by normal wear and tear, which is not covered. The article highlights that policyholders need to understand their insurance policy's definition of a storm to ensure they are adequately covered. It also notes that insurers might require evidence like weather reports to validate claims, and policyholders should document damage thoroughly. Additionally, the piece touches on the importance of maintaining the property to prevent storm damage, as neglect can void claims. Overall, the article underscores the complexity and potential pitfalls in claiming for storm damage, emphasizing the need for clear policy understanding and proactive property maintenance.

Read the Full MoneyWeek Article at:
https://moneyweek.com/personal-finance/insurance/how-storm-damage-definition-affects-home-insurance-claim