• Thu, February 13, 2025

by: Reuters

US power companies increase data center demand spending as DeepSeek fears wane

U.S. electric utilities are adding tens of billions of dollars to spending plans to build new power supplies and bolster the grid as data centers for artificial intelligence and cloud computing drive up energy demand.
  • Fri, February 14, 2025

by: fingerlakes1

Canandaigua officials talk DRI, major housing project, and public art initiative

The Canandaigua Planning and Finance Committee tackled key development and infrastructure issues during its February 10 meeting, covering the city's long-awaited downtown revitalization funding, a proposed housing subdivision, and a public art initiative aimed at enhancing community spaces.

by: MediaNama

Playing Cat And Mouse With Scammers: How Babu Pooniawalla Took Down Over 8300 Fake Apps

Pooniawalla lists suspicious apps on Twitter and an online dashboard, and has managed to get 8300+ pieces of fake apps removed so far.

by: Zawya

Saudi Arabia, Rwanda to establish joint business council

The forum explored investment opportunities in Rwanda, focusing on sectors like tourism, mining, and construction, and discussed strategies to increase trade and investment volumes

by: Moneycontrol

Hindalco sees neutral-to-positive impact on its US business from Trump tariff

Novelis, its US subsidiary that supplies premium aluminium sheet and foil products to the beverage can, automotive, aerospace and speciality markets, could actually benefit, said MD Satish Pai. The effect on parent Hindalco would be minimal since the US market constitutes a minuscule part of its exports.

by: cnbctv18

RBI penalises Nainital Bank and Ujjivan SFB for regulatory violations

RBI clarified that these penalties were imposed solely for regulatory lapses and do not affect the validity of any transactions between the banks and their customers.

by: AOL

Newman: Trump's biggest economic vulnerability has emerged

Three weeks into his second presidential term, Donald Trump is largely getting his way on Cabinet nominees, deregulation, deportation and Elon Musk's dismantling of the federal bureaucracy. His biggest priority, a huge set of tax cuts requiring Congressional legislation, is coming into focus.

by: businessday

10 highest-paying careers with fully remote jobs in 2025

A recent study has found that the average salary for fully remote jobs is $107,000 per year. The demand for remote work continues

by: Vanguard

Klak launches cash flow management platform for small businesses

Klak, a leading B2B SaaS provider, has launched its innovative cash flow management and finance automation platform designed to help small and medium-sized businesses (SMBs) streamline their financial operations and optimize cash flow.

by: CNET

Get More Than a Good Meal With Credit Cards That Reward You for Dining Out

Pay for dining purchases whenever you can. You can earn more rewards per meal if you offer to use your card as payment when you dine out with family or friends. Just remember to have the other diners repay you using cash or a money transfer app like Venmo or Zelle.

by: bnnbloomberg

Storied Peruvian Executive Resurfaces at Canadian Copper Startup

Victor Gobitz has reemerged at the helm of a Canadian startup that has plans to begin copper production in a year and go public in the medium term.

by: ProPakistani

Cordoba Logistics Secures SECP Permission to Set Up NBFC

Cordoba Logistics & Ventures Limited (PSX: CLVL) Friday announced that Securities and Exchange Commission of Pakistan (SECP) has issued Permission Order, granting the company, its permission to form a Non-Banking Finance Company under the name and style of Cordoba PE Management Limited

by: Diginomica

Be my AI Valentine - 4 things businesses will love about AI agents

Could AI agents be the perfect match for productivity and innovation? Oracle's Miranda Nash explores the reasons for embracing AI to partner with employees for a long-lasting relationship.

by: AOL

Can You Write Off Your Home Insurance on Your Taxes?

As tax season approaches, many homeowners find themselves sifting through receipts and financial documents, searching for every possible deduction to reduce their taxable income. One question you

by: Vanguard

Gov Eno's entrepreneurial development programmes in Akwa Ibom unveiled

The Akwa Ibom State Government has unveiled Governor Umo Eno's entrepreneurial programmes in the state barely two years after the launch of Made-In-Akwa Ibom Trade Fair and Ibom-LED Tailoring and Shoemaking Hub.

by: Zawya

SAP debuts business data cloud with Databricks to turbocharge business AI

This landmark partnership between SAP and Databricks marks a new era in enterprise data management as two leaders in their domains come together to redefine how applications and data platforms work together.

by: Zawya

Qatar, Rwanda: Distinguished relations, bright prospects for economic and trade cooperation

by: AOL

Cybersecurity firm SailPoint returns to markets as the first major tech IPO of the year

SailPoint is the first big test of the tech IPO market in 2025, which is expected to see well-known names such as Stripe potentially debut as companies bank on a friendlier regulatory backdrop under President Trump.

by: Forbes

Medicare Is Raising Its Part B Premium And Deductible For 2024

Expect to see Medicare grow slightly more expensive following last year's unusual price drop. In January 2024, most U.S. residents enrolled in Original Medicare (Part A and Part B) or a Medicare Advantage plan will pay a standard Part B monthly premium of $174.

by: Zawya

PwC Middle East's 2025 flagship Tax and Legal Seminar in Egypt spotlights AI, compliance, and policy changes

Under the theme "Connecting Experts, Creating Solutions" the seminar emphasized the importance of strategic collaboration between the public and private sectors

by: Forbes

Is The Alzheimer's Drug Leqembi Covered By Medicare?

Progressive and incurable, Alzheimer's disease affects an estimated 6.7 million U.S. adults at least 65 years old, according to the Alzheimer's Association[1]. Few pharmaceuticals have any noticeable effect on Alzheimer's-related dementia and cognitive decline.

by: Forbes

The Evolution Of Small-Business Lending: AI-Driven Underwriting Takes Center Stage In 2025

While many companies retreat from borrowing in today's high-rate environment, many successful operators are strategically leveraging debt to gain competitive advantages.

by: Forbes

How Open Finance Is Transforming Banking And Tech

By integrating advanced AI and machine learning technologies, we, just as other tech leaders can, are driving business growth and cultivating new financial ecosystems.

by: Reuters

IFC chief says it is doubling down on Pakistan, eyeing large infrastructure financing

The World Bank's private investment arm is increasing equity investments and eyeing large-scale infrastructure financing in Pakistan, in an investment plan that could unlock $2 billion annually over a decade,

by: Reuters

Colombia sets 1% temporary tax on fossil fuel output

Colombia will impose a 1% tax on the production of fossil fuels, including oil and coal, its two biggest earners, until the end of the year, under a state of emergency that was declared last month, the finance ministry said on Friday.

by: Reuters

Exclusive: BNP investors consider bank's long-term CEO succession plans, sources say

Investors in BNP Paribas are starting to consider who might lead the bank once long-time chief executive Jean-Laurent Bonnafe leaves amid a scarcity of obvious internal candidates to succeed him, sources familiar with the matter said.

by: Reuters

WestJet, Lufthansa Technik sign agreement for aircraft engine maintenance

Canadian carrier WestJet and Germany's Lufthansa Technik have signed a multi-billion dollar agreement for engine maintenance services, the companies said on Thursday.

by: Reuters

Payments group Adyen's shares surge on full-year profit beat

Adyen's shares rose as much as 15% on Thursday after the Dutch payments company reported full-year core earnings above market expectations, and forecast higher net revenue growth and continued margin expansion in 2025.

by: Reuters

UK government pushes antitrust regulator to be 'less risk averse'

British business secretary Jonathan Reynolds on Thursday demanded the country's competition watchdog be "more agile" and "less risk averse," pushing the regulator to better align with the government's growth agenda.

by: Reuters

VW, Audi consider keeping combustion engines longer in Europe - Handelsblatt

German carmakers Volkswagen and Audi are considering allowing some combustion engine models to run longer in Europe, the Handelsblatt business news outlet reported on Thursday citing sources.

by: MSN

Taurus Daily Horoscope Today (April 20- May 20), February 15, 2025: Positivity will prevail!

Taurus Money Horoscope Today You will maintain momentum in your career and business. Efforts for profit and expansion will be fruitful. You will move forward actively and take important decisions. Taurus Career Horoscope Today There will be opportunities for gains in various fields.

by: MSN

Bulk of Asialink loans support MSMEs

More than two-thirds of Asialink Finance Corp.'s P15.54 billion disbursed loans last year were geared toward supporting micro, small and medium enterprises (MSMEs) in the country. In a statement, Asialink president and CEO Sam Cariño said that 77 percent of loans provided by the company in 2024 were directed toward supporting MSMEs.

by: MSN

Aries Daily Horoscope Today (Mar 21 - April 19), February 14, 2025: Hesitation will disappear!

Aries Money Horoscope Today Profits will be seen in business. You will stay focused on financial matters. Opportunities in career and business will rise. Aries Career Horoscope Today Your expertise and skills in commercial matters will yield desired results.

by: MSN

The truth about martech in 2025 and how to make it work for you

AI-powered everything might sound great, but if your martech stack isn't delivering results, it's time for a reality check. The post The truth about martech in 2025 and how to make it work for you appeared first on MarTech.

by: MSN

Coinbase Q4 revenue surges 88% as Trump's election boosts crypto prices

Coinbase posted its strongest quarter of earnings in over a year in Q4, as crypto prices and trading surged after the election of US President Donald Trump. Coinbase's Feb. 13 financial results show the firm hit total revenue of $2.

by: MSN

What the Democrats Refuse to Learn About Inflation

The current leadership crisis inside the Democratic Party has left many despairing the future of organized politics. Politically captive to landlords and developer groups locally, to employer associations and their financiers nationally,

by: MSN

Sisters acquire Brighouse eatery Brook's promising to continue 35-year success

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: MSN

Clashes, drama and heaps of debt: Inside the dramatic collapse of RBG Holding

Trading suspended, lawyers fleeing and pending insolvency. What happened at the listed legal business RBG Holding?

by: MSN

Kroger names PepsiCo exec as new CFO

Foley has been with Kroger since 2001, when he started as an audit manager. He went on to become controller of the Cincinnati-Dayton Division in 2003 and then assistant corporate

by: MSN

The Week in Numbers: Trump tariffs, and tech bros at war

From Donald Trump pressing ahead with tariffs, to Elon Musk and Sam Altman at odds again, we round up the big stories in business and finance over the week to. Francis Maguire reports.

by: MSN

Big Tech CEOs Join $1 Billion Rush for English Cricket

Indian industrialists, American sports investors and technology executives joined a bidding war for franchises in a startup cricket league

by: MSN

Starbucks' CEO is plotting a huge expansion in the Middle East and China

Starbucks plans to open 500 new stores in the Middle East and "many more thousands" in China, said Brian Niccol, the company's CEO.

by: MSN

New Boot Barn 'doing great business' since opening in Big Flats. What to know about store

"Boot Barn is something that was really needed in this area," said a manager as the new store plans its formal grand opening.

by: MSN

Starbucks' CEO is planning a huge expansion in the Middle East and China

Starbucks plans to open 500 new stores in the Middle East and "many more thousands" in China, said Brian Niccol, the company's CEO.

by: MSN

Meet Shapoor Mistry: The elder brother of Cyrus Mistry leading the 155-year-old Shapoorji Pallonji Group | Career, lifestyle, and net worth

Shapoor Mistry, the elder son of Pallonji Mistry, leads the 155-year-old Shapoorji Pallonji Group after the passing of his father and brother, Cyrus Mistry. Overseeing a $30 billion empire with an 18.

by: MSN

PAN and Aadhaar: What will be the effect of the new income tax bill on your PAN and Aadhaar, know full details here..

The new Income Tax Bill has been introduced in the Lok Sabha. Finance Minister Nirmala Sitharaman has introduced it. Through this bill, there will be many big and important changes related to income tax.

by: MSN

Oldest Black-owned business in Naples celebrates half a century

The British have enjoyed a Sunday roast for generations, but the tradition is changing. Chef Tom Kerridge, owner of the world's only two Michelin-starred pub, explained the dish's evolution - as well as what makes it so beloved.

by: MSN

Wall Street CEOs arrive at Washington to fix crypto debanking at the Hill

US power companies increase data center demand spending as DeepSeek fears wane

U.S. electric utilities are adding tens of billions of dollars to spending plans to build new power supplies and bolster the grid as data centers for artificial intelligence and cloud computing drive up energy demand.
American Electric Power (AEP) reported a rise in its fourth-quarter profit, driven by increased demand for electricity from data centers and a cold snap that boosted heating needs. The company's operating earnings per share were $1.23, up from $1.05 a year earlier, surpassing Wall Street expectations. AEP also noted that its transmission and distribution businesses performed well, with significant growth in renewable energy projects contributing to the positive results. However, the company faced challenges from higher interest rates and increased depreciation expenses. Looking forward, AEP anticipates continued growth in electricity demand due to the expansion of data centers, particularly in regions like Northern Virginia, and plans to invest in infrastructure to support this growth.

Read the Full Reuters Article at:
https://www.reuters.com/business/energy/aep-fourth-quarter-profit-rises-data-centers-boost-demand-power-2025-02-13/

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