• Thu, March 6, 2025

by: Fortune

Is Saudi Arabia the next China or India? See for yourself

Saudi Arabia is not modeling itself after China or India. It is forging a path entirely its own, built on its unique history and ambitions. The question is no longer whether Saudi Arabia is changing—it is whether the world is ready to recognize and embrace it.

by: WCNC

Logistics company with 82 locations worldwide moves headquarters to Charlotte

Odyssey Logistics, a logistics and technology solutions company, has moved its global headquarters to Mecklenburg County, bringing more than 80 new jobs to southwest Charlotte. The relocation marks a significant milestone for both the company and the local business community.

by: Insider

AmONE Personal Loans 2025: Pros, Cons, and Alternatives

Discover the pros and cons of using the AmONE Personal Loans marketplace, including rates, terms, and how to apply.

by: CNN

Trump and Musk are trying to take America private

Over the past six weeks, federal workers have watched in horror as young software engineers, most many with no experience in government, have sauntered into their offices with a mission to sniff out corruption and cut costs.

by: AOL

Trump's team promised governments would 'eat' its tariffs. Execs say they're passing on at least 50% to consumers

Warren Buffett and Steve Cohen warned consumers would be footing the bill for Trump's trade war, and business bosses have now confirmed they plan to pass on at least half of their rising costs.

by: Patch

The Merrimack Invests In Kimball Jenkins Infrastructure Upgrades

Through the Community Development Finance Authority, the bank is donating $5,000 to increase accessibility and energy efficiency.

by: Mint

When do you have to register for GST as a professional landlord?

While renting out residential properties remains tax-exempt, commercial leasing comes with specific GST rules that every professional landlord must understand and follow. Failing to do so could have severe financial and legal repercussions.

by: TipRanks

Plume and 0G Partner to Launch RWAI Agents, Redefining AI-Powered RWA Finance

New York City, United States, March 6th, 2025, Chainwire Plume, the first full-stack L1 RWA Chain, is joining forces with 0G to launch and support

by: Reuters

Exclusive: Russia ships diesel to Syria on tanker under U.S. sanctions, data shows

Russia shipped a diesel cargo to Syria onboard a tanker under U.S. sanctions, the first known such direct supply to the Middle Eastern country in more than a decade, LSEG data showed.

by: Deadline

Comcast's 'SpinCo' Adds Media Veteran Jordan Fasbender As Chief Counsel, Finalizing Senior Management Team

Comcast's cable network "SpinCo" has appointed media veteran Jordan Fasbender as chief counsel, with the hire rounding out the senior management team.

by: VOCM

Furey and Coady on Trade Mission to U.K to Strengthen and Build on Opportunties

by: GOBankingRates

PNC Bank ATM Withdrawal and Deposit Limits

PNC Bank has flexible limits on withdrawals and deposits when using their personal banking. Learn what that means for you as a customer.

by: Bizcommunity

Banking, retail and telecoms power SA's brand value to over R600bn in 2025

In 2025, the combined brand value of the Top 100 South African brands soared to R688.6bn, with banking, retail, and telecoms accounting for more than 62% of the total brand value., as is often the case in emerging markets.

by: Cryptopolitan

Ethereum Meme Coins PEPE and SHIB Backed To Come Back Stronger; Mutuum Finance (MUTM) To Rise 23x In Weeks

Coin holders and analysts predict that Pepe (PEPE) and Shiba Inu (SHIB) tokens on the Ethereum network show potential for regaining value during their current market volatility. Analysts predict SHIB will reach 500% growth after clearing its main obstacles but the PEPE chart shows potential for a market recovery despite current price declines.

by: WTHR

Two Indianapolis federal buildings listed for possible sale

On Tuesday, the U.S. General Services Administration announced more than 400 properties on a list of non-core assets for disposal.

by: Kiplinger

Expiring Business Tax Breaks And Trump's Tax Plan

Four important business tax breaks are likely to be a part of President Trump's tax plan. We'll break them down for you.

by: deBanked

How Mike Brooks Battled in the Ring and Won Top Broker in Equipment Financing

Mike Brooks, above in the grey suit to the right of the check "Equipment Financing is HUGE," declares Mike Brooks, CEO of New York-based Best Connect Capital and recent winner at Broker Battle 2025 in the equipment finance category at deBanked CONNECT MIAMI.

by: TechRepublic

6 Best Banks for Small Business Loans in 2025

Find the best banks for small business loans with low rates and flexible terms. Compare top lenders to find the right financing for you.

by: TechCrunch

Turing, a key coding provider for OpenAI and other LLM producers, raises $111M at a $2.2B valuation

As AI companies race to improve the accuracy of large language models (LLMs) and apps built on top of them, a startup that has emerged as a key partner in

by: Newsweek

Are US Banks Banned in Canada? What We Know About Trump's Claim

Despite Trump's claims, evidence from banking associations and Canadian governmental departments, as well as commentary from leaders and experts from both countries, contradict hi

by: Reuters

India's renewable energy sector hit by weak demand, cancellations, report says

India's renewable energy sector is facing obstacles including weak demand for tenders, power agreement delays and project cancellations, the Institute for Energy Economics and Financial Analysis said on Thursday.

by: GOBankingRates

10 Best Paying Middle-Class Jobs That Don't Require a Degree

The traditional path to a well-paying job often includes a four-year college degree, but that's not the only route to success. Many middle-class jobs offer competitive salaries without requiring

by: Reuters

Morning Bid: Trouble on Main Street and Wall Street

The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while Wall Street stocks eased as U.S. President Donald Trump is expected to decide what tariffs to impose on Canada and Mexico early on Tuesday.
  • Fri, March 7, 2025

by: CNN

7-Eleven's Japanese owner appoints American CEO to fend off $47 billion takeover bid

Seven & I Holdings, the Japanese operator of the 7-Eleven convenience store chain, appointed its first foreign CEO and handed him the task of overhauling its business to fend off a $47 billion overseas takeover bid and engineer a recovery.

by: IPPMEDIA

Illicit financial flows burden Tanzania's national budget

by: Zawya

Banking, retail and telecoms power South Africa's brand value to over $33bln in 2025

Retailers Woolworths and Checkers top the Sustainability Perceptions score across sectors in the environmental, social and governance categories

by: Investopedia

What Is an SBA Microloan, and How Does It Work?

Her expertise includes personal finance, insurance, real estate ... SBA microloans are loans that the U.S. Small Business Administration (SBA) provides for up to $50,000 through intermediary lenders to help entrepreneurs grow their small businesses.

by: MarketWatch

State Street's private-debt ETF launched with major buzz. What are investors getting?

A recently launched ETF actively managed by State Street Global Advisors has been drawing attention for bringing private credit to the masses.

by: CNET

NordVPN NordProtect Identity Theft Protection Review: VPN Plus Basic ID Theft Features

NordVPN enters the ID theft space with NordProtect.

by: AOL

Commentary: Fudging the data won't help the Trump economy

As President Trump and his chainsaw, Elon Musk, dismantle the federal government, economists are starting to worry that one casualty could be the lifeblood of their profession: data.

by: GOBankingRates

How To Get a Citi Cashier's Check: Simple Steps, Fees and Limits

Planning to make a big purchase—like a car or even a down payment on a home—and want to ensure secure payment? A Citi cashier's check may be your go-to.

by: Fortune

How many jobs will AI eliminate? Nobody really knows, and here's why

As AI becomes more prevalent in the workplace, there are still too many unknowns to take forecasts of employment doom too seriously.

by: GOBankingRates

The Top 10 Personal Finance Books on Amazon in March

Amazon started as a bookselling business, and though its morphed into something monstrously larger and sells just about everything now, bookselling is still a part of its business model and it's

by: Forbes

TruStage Life Insurance Review 2025

TruStage Insurance Agency offers life insurance in partnership with CUNA Mutual. These policies do not require a medical exam. It's possible to apply for all TruStage insurance products online. However,

by: BusinessTech

Sage Intacct - The industry-leading cloud finance software for South African businesses

Sage Intacct boasts a wealth of powerful financial and accounting features that will improve productivity and decrease costs.

by: Forbes

The CFO's Role In Supporting Franchisee Profitability And Success

CFOs serve as the bridge between two key stakeholders—the franchisor and the franchisee—both of whom are focused on improving their performance.

by: Fortune

The rise of cursing CEOs and what it means for business

From Silicon Valley to Wall Street, CEOs are adopting a more uncensored approach to communication.

by: Reuters

Exclusive: Canada's RBC lays off some employees related to HSBC acquisition, sources say

Canada's largest lender Royal Bank of Canada laid off some employees as a result of changes at its business segments following the C$13.5 billion acquisition of HSBC's domestic business last year, two sources with direct knowledge of the layoffs told Reuters.

by: Reuters

United States quits board of UN climate damage fund, letter shows

The United States has withdrawn from the board of the U.N.'s hard-negotiated climate damage fund, dedicated to helping poor and vulnerable nations cope with climate change-fuelled disasters, a letter seen by Reuters showed.

by: Forbes

State Farm Business Insurance Review 2025

State Farm offers small business insurance to more than 300 types of professions, including business owners policies, workers' compensation and commercial auto. You can take a quick quiz at the State Farm website to find out what coverage types are suited to your specific industry,

by: Fortune

Another Tesla insider is selling shares as carmaker's CFO joins board chair in unloading stock

At a time when sentiment in the stock is at its most vulnerable in months, Taneja deliberately chose to cash in more of his shares.

by: Reuters

FTSE 100 set for worst week this year amid tariff whiplash

UK shares dropped on Friday, with both the blue-chip and midcap indexes set for weekly declines, as growing uncertainty around U.S. trade policy kept investors cautious on equities.

by: Fortune

The internet revolution transformed real estate and made Amazon a property powerhouse. AI will shake things up even more

Transformative technologies don't just change industries—they can destabilize leadership and reshape entire markets.

by: Forbes

The Rise Of Private Credit And The Role Of Asset-Based Finance In Funding SMBs

With the support of strong ABF markets, fintechs that provide such funding solutions can focus on what they do best.

by: Reuters

Fast-delivery companies Zomato, Swiggy, Zepto face India antitrust case over discounts

Indian consumer products distributors have filed an antitrust case against big fast-delivery businesses of Zomato, Swiggy and Zepto, calling for an investigation into alleged deep discounting practices,

by: Fortune

CEO of $4.2 billion tech giant says defying Mark Zuckerberg's 'move fast and break things' mantra was essential to growing his business

The founder of dbt Labs Tristan Handy says moving at his own pace fostered innovation and growth—it can feel antithetical to the strategies of Google and Meta.

by: Reuters

Take Five: Change is in the air

Fast-moving developments on Ukraine and Europe will no doubt continue to dominate financial markets in the coming week, while U.S. data includes key inflation numbers and China looks determined to hold its ground as trade tensions ratchet up.

by: Reuters

RBC boosts CEO McKay's 2024 pay by 60% to $17 million on HSBC Canada acquisition

Royal Bank of Canada boosted CEO Dave McKay's 2024 salary to C$24.5 million ($17.14 million), including a C$4 million bonus related to the HSBC Canada acquisition, according to a regulatory filing on Thursday.

Are US Banks Banned in Canada? What We Know About Trump's Claim

Despite Trump's claims, evidence from banking associations and Canadian governmental departments, as well as commentary from leaders and experts from both countries, contradict hi
In a recent speech, former President Donald Trump claimed that Canadian Prime Minister Justin Trudeau had banned American banks from operating in Canada, suggesting this was a retaliatory move against U.S. policies. However, this claim is inaccurate. While there are no U.S. banks headquartered in Canada, several American banks like Citibank, Bank of America, and Wells Fargo do operate in Canada through branches or subsidiaries, focusing mainly on corporate and investment banking rather than retail banking. The absence of U.S. retail banks in Canada is largely due to regulatory differences, market conditions, and strategic business decisions rather than any explicit ban. Canadian banking regulations, which include high capital requirements and restrictions on mergers and acquisitions, make it challenging for foreign banks to enter the retail market. Additionally, Canadian banks have a strong domestic presence, reducing the incentive for U.S. banks to compete in this sector. Thus, Trump's statement oversimplifies and misrepresents the complex dynamics of international banking regulations and market strategies.

Read the Full Newsweek Article at:
https://www.msn.com/en-us/money/companies/are-us-banks-banned-in-canada-what-we-know-about-trump-s-claim/ar-AA1AjROX

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