Tue, March 18, 2025

by: Alternet

'Business has been neglected': Longtime Tesla investor demands Elon Musk resign as CEO

Ross Gerber — one of the earliest investors in the Tesla electric vehicle company — is now calling on South African centibillionaire Elon Musk to step down from his role as chief executive. Gerber delivered his remarks on Sky News,

by: SmartAsset

Amortization vs. Depreciation: Differences and Examples

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives. Amortization applies to intangible assets like patents and trademarks. Depreciation deals with tangible assets like buildings,

by: GOBankingRates

Citi Flex Plan: What Is It and How Does It Work?

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: UPI

Nvidia, GM announce strategic business partnership

General Motors Corp. and Nvidia officials have agreed to a business partnership that will help GM more efficiently produce current and next-generation vehicles.

by: Marketplace

Uncertainty drives gold to record prices

Gold has hit a record of $3,000 per ounce thanks to investor uncertainty surrounding the stock market and U.S. treasury.

by: Newsweek

US Business Leaders React To Trump's New Steel And Aluminum Tariffs

The 25 percent duties, which came into effect last week, have drawn concern from sectors reliant on the two metals.

by: Zawya

Qatar's corporate finance revenue to exceed $192.30mln in 2025

This growth marks a promising phase for the country's economic development, reflecting the ongoing evolution of Qatar's financial landscape

by: Cryptopolitan

Tax rules in Germany require crypto investors to keep record of transactions

by: Fortune

Wall Street sell-off is actually being caused by warped expectations vs reality, says JPMorgan strategy boss

While some investors may be watching the headlines and wringing their hands, those bullish on the U.S. are seeing the downturn as an opportunity. BlackRock CEO Larry Fink, for example, said he views current market conditions as a chance to snap up stocks at a reduced rate.

by: Kiplinger

How Small Businesses Can Clear the Economic Hurdles Ahead

Shifting rules on taxes, trade and regulation are creating uncertainty for SMBs. Owners can overcome that by focusing on efficiency, flexibility and investment.

by: AOL

Trump and the expiration of the TCJA: Here's what's next for your tax bill

The Tax Cuts and Jobs Act (TCJA), a massive overhaul of the tax code, is set to expire at the end of 2025. Here's what could happen.

by: TechBullion

Qubetics Is Taking Over - Why It's the Best Crypto to Invest in March 2025 With AAVE And Tron in the Spotlight

When it comes to the best crypto to invest in March 2025, there's a lot of noise and options. But if you want to see your portfolio grow, you'll need to pick projects that truly stand out. One of the newest contenders gaining momentum is Qubetics ($TICS),

by: EquityBulls

Manba Finance Limited forms Strategic Alliances with BGauss Auto, Fin Coopers Capital, and ProsParity

Manba Finance Limited today announced forming a strategic alliance with BGauss Auto, Fin Coopers Capital, and ProsParity to drive India's shift towards sustainable mobility and empower the aspirations of customers across the country.

by: Goodreturns

Manappuram Finance Eyes Fundraise On March 20 Board Meet; What Should Investors Expect?

Manappuram Finances share price surged during early trading on March 18 in preparation for its board meeting on March 20 to address the fundraising move. Manappuram Finances shares started Tuesday at Rs 213 on the BSE,

by: Sharecast

Close Brothers shares tank as motor finance provisions lead to H1 loss

Close Brothers shares tanked on Tuesday after the merchant banking group swung to a heft loss in the first half on the back of a £165m provision for motor finance commissions.

by: CoinDesk

Tokenization Specialists Securitize and Ethena Unveil Institutional DeFi Blockchain

Securitize and Ethena Labs, two firms working closely with BlackRock's money market token BUIDL, have created an Ethereum-compatible blockchain called Converge, designed to house tokenized assets and provide institutional investors with the innovation of decentralized finance (DeFi).

by: GlobalData

Novuna Business Finance partners with BBB for green asset finance pilot

The initiative under the Growth Guarantee Scheme aims to expand funding for SMEs investing in low-carbon assets.

by: Forbes

Smart Strategies For Improving Cost Control, Efficiency And Sustainable Growth

Maximize efficiency and cut costs with smart AI, automation, and cloud strategies. Discover how FIS achieved sustainable growth with these solutions!

by: Bloomberg

Vietnam at 'Real' Risk of New US Tariffs, US Business Group Says

The Trump administration could slap new tariffs on Vietnamese goods as a tool to rebalance trade between the US and the Southeast Asian Country, U.S.-Asean Business Council President and Chief Executive Officer Ted Osius said at a Hanoi briefing.

by: Monitor

Plan your business exit early

The partnership between an investor and entrepreneur always has an end time. Therefore, every entrepreneur, even before signing the investment contract, should have the exit in mind.

by: Moneycontrol

Urgent Loan Apps: How they work and other key details to check before borrowing

Need cash fast? Urgent loan apps provide quick approvals and instant disbursals, but it's important to compare interest rates and terms before borrowing. Here's what you need to know.

by: Insider

An HR company says it used a Slack trap to catch a corporate spy

A Rippling lawsuit says a spy locked himself in a bathroom when approached with a court order to seize his phone.

by: Reuters

Defence firm QinetiQ warns of US, UK contract award delays, shares fall

British defence and security company QinetiQ warned on Monday of delays in short-term contracts being awarded in the U.S. and UK, where new policies are being implemented after changes in government.

by: Week99er

Discover The Best Crypto Presale to Invest In 2025: 5 Hidden Gems with Massive Potential

What if you had the chance to get in early on the next big thing in crypto? 2025 will be a transformative year for blockchain, with several innovative projects gaining momentum. The crypto market is no longer just about hype—it's about solving real-world problems,
Mon, March 17, 2025

by: Quartz

Forever 21, Hooters, and 7 other restaurant and retail chains going bankrupt right now

Coresight Research, a retail and technology data platform, predicts an escalation this year, with around 15,000 stores expected to shutdown. Among the notable closures are some major names like Hooters and Big Lots (BIG).

by: Entrepreneur

Lack of Accountability Is the Silent Productivity Killer. Here's How to Stop It From Derailing Your Business.

Lack of accountability crushes productivity. You can put all the right systems, processes and KPIs in place, but if people aren't accountable for their assignments and objectives, none of this will matter.

by: Variety

Netflix Shares Rise on Bullish Analyst Upgrade Citing Potential for Future U.S. Price Hikes, Outlook for Strong Ad Growth

Netflix got a vote of confidence from MoffettNathanson analysts, which upgraded estimates on potential U.S. price hikes and ad growth.

by: Bizcommunity

Mining services company secures dynamic capital funding from Edge Growth

Modwal Trading, a full-service mining, construction, transportation and logistics company based in the Northwest, has been selected for funding from small business development specialist Edge Growth.The team at Modwal TradingThis interest-bearing loan amounting to R1,

by: Moneycontrol

Trade Spotlight: How should you trade Coal India, Kotak Mahindra Bank, Varun Beverages, Shriram Finance, JSW Steel, and others on March 18?

The benchmark indices bounced back with half a percent gains on March 17, making a good start to the week after the correction in the previous week. However, the market breadth remained in favour of the bears,

by: CNET

Tariffs Explained: What They Mean for You and Your Everyday Costs

The rollout of President Donald Trump's tariffs was messy, uncertain and caused widespread market volatility, and eventually that noise is coming for your bottom line.

by: Vanguard

Strategic cost management in a shifting global economic landscape

Balancing efficiency and innovation in uncertain times By Dayo Odunfa Introduction In today's complex and unpredictable economic environment, CFOs and senior finance leaders face unprecedented challenges.

by: Dawn

No proposal to revise govt pay scales under consideration, clarifies finance ministry

Ministry statement says media reports claiming salaries would remain unchanged in next fiscal year "not based on reality".

by: Narcity

CBSA is looking to hire for these jobs across Canada and you can make over $100,000

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: LAist

Checking in on Medi-Cal as state approves $3 billion loan and concerns of federal cuts loom

Today on AirTalk, California approved a $3 billion loan for Medi-Cal amidst looming federal cuts. Want to get paid to be politically engaged and hold your public officials accountable? A local initiative called "LA Documenters" will train and pay you to take notes at public meetings.

by: Bloomberg

Hong Kong Billionaire Developer Lee Shau-Kee Dies at 97

Kee, the Hong Kong billionaire known as "Asia's Warren Buffett" and whose business empire included real estate, utilities and public infrastructure, has died. He was 97.

by: Insider

FreeTaxUSA Review 2025

Read our in-depth FreeTaxUSA review to discover its features, pricing, ease of use, and customer support. Find out if FreeTaxUSA is the right tax software for your needs in 2025.

by: Investopedia

What Negative Return on Equity (ROE) Means to Investors

In the ROE formula, the numerator is net income or the bottom-line profits reported on a firm's income statement. The denominator is equity, or, more specifically, shareholders' equity. When net income is negative, ROE will also be negative.

by: Kiplinger

CoreWeave IPO: Should You Buy CRWV Stock?

The CoreWeave IPO will mark the biggest public offering of the year, with the AI cloud company expected to start trading on the Nasdaq in late March.

by: SiliconANGLE

Shadow AI: Companies struggle to control unsanctioned use of new tools

The multinational retail chain where Katie Smith worked in data analytics and finance for six years was so concerned ... chief information security officer at Stratascale, the business name of SHI International Corp. Organizations are pursuing a variety ...

by: AOL

Elon Musk and Sam Altman finally agree on something: When their courtroom showdown should start

Elon Musk and Sam Altman have suggested to a judge that a trial to settle their differences over the future of ChatGPT creator OpenAI should begin in December.

by: MARCA

What to do if you receive a text message from the IRS about the $1,400 stimulus payment? It could be a scam

by: BusinessTech

South Africa has no more money

The Centre for Development and Enterprise's executive director, Ann Bernstein, warned that South Africa has run out of money.

by: CNN

Forever 21 is going out of business in the United States

A Forever 21 store in New York seen in February 2025. - Yuki Iwamura/Bloomberg/. Forever 21 isn't even cool enough to exist anymore. The retailer's US operating co

by: Moneyweb

eThekwini allocates R10bn to rebuild municipal infrastructure

Thekwini Municipality has earmarked approximately R10 billion to restore its water, electricity, and solid waste management infrastructure, aiming to enhance service delivery and ensure long-term sustainability.

by: ProPakistani

Govt May Present Next Year's Budget Earlier Than Usual

The federal government is likely to present the next fiscal year (FY26) budget in parliament in May 2025 and relevant departments including the Ministry

by: Forbes

Hong Kong Real Estate Billionaire Lee Shau Kee, Once Asia's Richest Person, Dies At 97

Lee Shau Kee was among the first generation of entrepreneurs in Hong Kong who started making a fortune from property development between the 60s and 70s.

by: cnbctv18

NBFID secures ?20,000 crore equity support, ?5,000 crore grant from government

NBFID has established separate teams within its Credit Administration - Operations & Monitoring Department to oversee project loan disbursements and execution.

by: Reuters

Japan's Nomura ties up with regional bank Hyakujushi to boost wealth business

TOKYO] Nomura Holdings, Japan's largest securities firm, said on Monday (Mar 17) it has partnered with regional lender Hyakujushi Bank to boost its wealth management services. Read more at The Business Times.

Forever 21 says 'de minimis' exemption used by Shein and Temu is partly responsible for its second bankruptcy

Forever 21 said it can't compete with e-commerce companies that send small packages without paying tariffs via the "de minimis" exemption.

Forever 21 has attributed part of its second bankruptcy filing to the competitive disadvantage created by the de minimis exemption, which allows companies like Shein and Temu to import goods into the U.S. without paying import duties or taxes if the shipment value is under $800. This loophole enables these fast-fashion rivals to offer significantly lower prices, impacting Forever 21's market position. The company argues that this exemption, originally intended for small, individual shipments, is now being exploited by large e-commerce platforms, leading to an uneven playing field in the retail sector. This situation has contributed to Forever 21's financial struggles, prompting its recent bankruptcy filing as it seeks to restructure and adapt to the changing retail landscape.

Read the Full Insider Article at:
https://www.msn.com/en-us/money/economy/forever-21-says-de-minimis-exemption-used-by-shein-and-temu-is-partly-responsible-for-its-second-bankruptcy/ar-AA1B6bH3