• Tue, February 11, 2025

by: Yahoo

Business email compromise (BEC) scams rake in billions of dollars for fraudsters | Opinion

The FBI says real estate transactions are a prime target for BEC scams because of the amounts of money involved.

by: MinnPost

With federal funds on the line, officials in Minneapolis and St. Paul are feeling the impact of Trump's presidency

Officials say they were caught off guard by the breadth of a January order — later blocked by a federal judge — intended to shut off grants.

by: manilatimes

LM Funding America Announces January 2025 Production and Operational Update

TAMPA, Fla., Feb. 11, 2025 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended January 31, 2025.

by: Kiplinger

DuPont Stock Jumps After Sales, Earnings Top Expectations

DuPont stock is higher Tuesday after the materials giant beat expectations for its fourth quarter and reiterated plans for its upcoming spinoff.

by: Tuko

Kenya National Police Service Commission Announces 149 Job Vacancies

The commission sought to recruit top managerial and support staff, urging qualified and candidates to submit applications on or before Friday, February 21, 2025.

by: Devex

As US aid falters, development finance trends to watch in 2025

From private capital mobilization, to MDBs, a key question in a year that features a pivotal Fourth International Conference on Financing for Development will be how to do more with less.

by: cnbctv18

GST cuts likely, some rate slabs may even merge: Finance Minister

Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, which is levied on items of daily use, may be the need of the hour.

by: Forbes

Trump Tariffs Live Updates: EU Says It Is Readying Countermeasures Against 25% Steel And Aluminum Tariffs

President Donald Trump signed an order Monday imposing global tariffs of 25% on all steel and aluminum imports in a move that will likely please domestic steelmakers but hurt allies like Canada and Mexico.

by: AOL

Super Micro stock drops ahead of business update

Hindenburg shut down in mid-January. Super Micro last year was granted an extension by the Nasdaq to submit its late filings by Feb. 25. The company has hired a new accountant, and the server maker said an independent review of its business found no evidence of misconduct.

by: MSN

New partnership announced by a Newport finance firm

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Reuters

DuPont raises 2025 profit forecast on strong electronics demand

DuPont de Nemours raised its 2025 profit forecast and beat fourth-quarter earnings estimates on Tuesday, as the industrial materials maker benefited from strong demand for electronics and a recovery in its water and protection segment.

by: Mint

New Income Tax Bill 2025 Highlights: New I-T bill to be tabled in Lok Sabha on Thursday; How will it impact taxpayers?

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week.

by: MSN

Pisces Daily Horoscope Today (Feb 19-Mar 20), February 12, 2025: Loved ones will be happy!

Pisces Money Horoscope Today Career and business performance will remain strong. Favourable conditions will accelerate. Opportunities will remain favourable. Pisces Career Horoscope Today Competitive spirit will increase.

by: Reuters

Guyana issues 30-day notice to cancel Frontera, CGX Energy's license

Guyana's government has given a CGX Energy and Frontera Energy joint venture a 30-day cancellation notice of its license to explore the offshore Corentyne block, where it has found oil, the Canada-based companies said on Tuesday.

by: AOL

Investing in small businesses in 2025

Despite these benefits, many small businesses often lack funding to sustain and expand their operations, relying on local investors to get the capital they need to grow. Investing in small businesses offers potential returns,

by: Forbes

AI Agents Are Coming For Your Industry: Here's Who's First In Line

From tech and finance to retail and logistics, discover which sectors are ready to embrace AI agents that work 24/7 without breaks, and learn the critical factors.

by: Kiplinger

Is Coca-Cola Stock Still a Buy After Earnings?

Coca-Cola stock is higher Tuesday after Warren Buffett's favorite soft drink maker beat expectations for its fourth quarter. Here's what you need to know.

by: Mint

New Income Tax Bill 2025 LIVE Updates: New I-T bill to be tabled in Lok Sabha this week; How it will impact taxpayers?

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is expected to be presented in Parliament this week. It was approved by the Union Cabinet on February 7.

by: Tuko

William Ruto's Cabinet Approves KSh 4.2 Trillion Budget Proposal for 2025/26 FY

The Kenyan Cabinet, chaired by President William Ruto, approved the KSh 4.2 trillion 2025/26 budget proposal and a KSh 344 billion supplementary budget.

by: Reuters

US consumer bureau upheaval leaves consumers adrift, experts say

The Trump administration's rapid dismantling of the U.S. consumer protection watchdog will have broad implications for consumers with credit cards, mortgages and bank accounts, leaving Americans with little recourse if they feel they are unfairly treated by their financial institutions,

by: Forbes

2025 AI Predictions For Small Businesses

Rieva Lesonsky interviews industry experts to learn how AI is transforming small businesses and their predictions for AI's role in business in 2025.

by: MSN

Kenya National Police Service Commission announces 149 job vacancies in February 2025

The commission sought to recruit top managerial and support staff, urging qualified and candidates to submit applications on or before Friday, February 21, 2025.

by: MSN

Bank of England to cut interest rates only twice more, NIESR predicts

Britain is set for solid growth and falling inflation this year but the Bank of England has little scope to cut interest rates further, the NIESR think tank predicted on Wednesday in a relatively upbeat set of forecasts.

by: Forbes

The Ladder Of Inference: A Pathway To Better Collaboration

The Ladder of Inference provides a structured way to challenge assumptions, test conclusions and align decisions with broader strategic goals.

by: Reuters

US consumer watchdog cases in limbo following agency's idling

The Trump administration's idling of the Consumer Financial Protection Bureau (CFPB) left in limbo significant cases the agency brought against companies and large financial firms in the waning days of President Joe Biden's time in office.

by: Forbes

How CFOs Can Predict The Unpredictable On Tariffs

Kyriba Chief Enablement Officer Bob Stark says paying close attention to the news, hedging foreign currency and detailed analysis of all possibilities can help.

by: Reuters

Goldman Sachs ends IPO diversity pledge

Goldman Sachs said on Tuesday it has ended a diversity, equity and inclusion pledge tied to the investment bank's initial public offering business.

by: MSN

Taurus: Your finance horoscope - February 12

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: Reuters

Brazil's inflation slows in January but tightening cycle to continue

Brazil's inflation rate slowed in January from the previous month, data showed on Tuesday, but the 12-month rate was still above the upper end of the central bank's target range, keeping expectations intact for another rate rise next month.

by: Forbes

19 Key Factors To Consider When Building A Founding Team

When building your team, it's crucial to find individuals who not only bring unique skills but also share your passion and mission.

by: MSN

The impact of Trump's tariffs is already being felt

There are already winners and losers from Trump's tariff announcements, from investors betting on gold to fashion brands pausing marketing campaigns.

by: MSN

Is Qubetics the Highest ROI Crypto of 2025? Filecoin's Scalable Storage and Terra Classic's Ecosystem Recovery

Explore if Qubetics is the highest ROI crypto of 2025 by comparing it to Filecoin's scalable storage and Terra Classic's ecosystem recovery. Discover their potential now!

by: MSN

6 Best Cryptos with 1000X Potential to Invest in Right Now

Cryptocurrency has been a major topic of conversation in recent years, with prices reaching new highs, blockchain technology revolutionizing industries, and the development of innovative projects constantly emerging.

by: MSN

Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says

Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict of interest.'

by: MSN

Decent Global Bond Issuance Volume to Support Moody's Q4 Earnings

Moody's MCO is scheduled to announce fourth-quarter and full-year 2024 results on Feb. 13, before the opening bell. The company's Corporate Finance line, the largest revenue contributor at the Moody's Investors Service ("MIS") division,

by: MSN

1,000 CEOs Advise Ruto on How to Improve Kenyan Businesses

A survey involving 1,000 CEOs across various sectors has provided President William Ruto with a roadmap for improving Kenya's business and economic environment. The recommendations, drawn from key industries such as finance,

by: MSN

The Bay's All-Star: How EMPIRE's Ghazi Brought the Music Business to San Francisco

Fifteen years in, his fiercely independent company is one of the most powerful in music - and he's a connector like none other, both within his home city and far beyond it.

by: MSN

Pramerica Life Insurance Launches #ThisIsMyClimb Campaign, Celebrating Everyday Resilience and Sacrifice

Pramerica Life Insurance, one of India's fastest-growing life insurance companies has announced the launch of its flagship campaign, #ThisIsMyClimb. First introduced in India last year, the campaign - rooted in Prudential Financial,

by: MSN

Bank of England's Bailey Says Deregulation Can Be Bad for Growth

Bank of England Governor Andrew Bailey has warned politicians against slashing regulation for the sake of it, saying there is "no trade-off" between growth and financial stability.

by: MSN

23-year-old serial entrepreneur Steven Wang dropped out of Harvard and raised $17 million for his brokerage. He says he made his worst stock investment in elementary school

Steven Wang, founder and CEO of the trading platform dub, spends $150 a year on a meditation app, doesn't cook to optimize time and wears the same two shoes everyday.

by: MSN

Taurus Daily Horoscope Today (April 20- May 20), February 11, 2025: Pleasant results will be seen!

Taurus Money Horoscope Today Achievements in career and business will grow. Opportunities for profit will increase. Important matters in financial endeavours will be resolved. Taurus Career Horoscope Today Position and reputation will be enhanced.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), February 11, 2025: Relationships will improve!

Aries Money Horoscope Today Business activities will gain momentum. Keep up the pace in your career and business. You will achieve success in financial matter. Aries Career Horoscope Today Be clear in professional matters.

by: MSN

Carla Carter, La Grange Trustee Candidate

Carla Carter is one of four candidates for three seats on the La Grange Village Board. Here are her responses to the Patch questionnaire: Name: Carla Carter Town of residence: La Grange, Illinois Age: No answer Campaign contact email: carlaforlagrange@gmail.

by: MSN

Investor City Codes - February 2025

by: MSN

Sagittarius Daily Horoscope Today (Nov 22- Dec 21), February 11, 2025: Maintain enthusiasm!

Sagittarius Money Horoscope Today Career and business efforts will be moderate. Avoid rushing in industry and commerce. Income will remain average. Sagittarius Career Horoscope Today Avoid laziness in professional opportunities.
  • Wed, February 12, 2025

by: Newsroom

'Woke banks' row: Bank reveals $132m exposure to risky petrol stations

BNZ says it isn't completely banning lending to petrol stations, but maintains its rationale to limit exposure is commercial, not idealogical.

by: News24

SA will likely wait until 2026 to lower inflation target, investors and analysts say

South Africa will probably wait until next year to lower its inflation target, according to a Bloomberg survey of investors and analysts.

by: Reuters

SoftBank's Son back to form with big bets and quarterly loss

Japan's SoftBank Group booked a surprise $2.4 billion quarterly loss on Wednesday, hit by a decline in the value of e-commerce platform Coupang and other tech companies held by its Vision Fund investment arm.

Business email compromise (BEC) scams rake in billions of dollars for fraudsters | Opinion

The FBI says real estate transactions are a prime target for BEC scams because of the amounts of money involved.
The article from Yahoo Finance discusses the growing threat of Business Email Compromise (BEC) scams, which have become one of the most financially damaging online crimes. BEC scams involve fraudsters impersonating company executives or trusted partners to trick employees into transferring money or revealing sensitive information. The FBI has noted that these scams have led to losses exceeding $43 billion since 2016. The article highlights several key points: the sophistication of these scams has increased, with attackers using social engineering, email spoofing, and sometimes even hacking into email accounts to make their requests appear legitimate. It also mentions that small to medium-sized businesses are particularly vulnerable due to less robust security measures. The piece advises on preventive measures like employee training, implementing strict verification processes for financial transactions, and using advanced email security solutions to detect and prevent BEC attempts. Additionally, it underscores the importance of reporting incidents to authorities like the FBI's Internet Crime Complaint Center (IC3) to help track and mitigate these scams.

Read the Full Yahoo Article at:
https://www.yahoo.com/news/business-email-compromise-bec-scams-120529046.html

Like: 👍