Thu, March 20, 2025

by: WSAW

Owners & employees react to Great Dane Pub and Brewing closing in Wausau

The Great Dane Pub and Brewing Company has confirmed the Wausau location will close. Eliot Butler, President and co-founder issued a statement Thursday. It reads: It's with a heavy heart that The Great Dane Pub & Brewing Company will be ending operations at our Wausau location.

by: MoneyWeek

Find tomorrow's Asian giants while they are still smaller companies

Surya Pertiwi (Jakarta: SPTO) is the leading distributor and manufacturer of sanitary ware in Indonesia, with more than 3,000 dealers in its network. It is the exclusive distributor in Indonesia for the Japanese brand TOTO. The company has a 65%-70% domestic market share in sanitary ware and a 40%-50% share in sanitary fittings.

by: MSNBC

Trump's FTC firings make clear where his real loyalties lie

The FTC has five members, three from the president's political party and two from the opposition. It's not as though the two jettisoned commissioners controlled the FTC — they represented the minority Democratic Party.

by: jacobin

Bernie Is Right: 60% of Americans Live Paycheck to Paycheck

Bernie Sanders says it over and over again: 60% of Americans live paycheck to paycheck. But Matt Darling of the Niskanen Center swears it's not true and Dylan Matthews of Vox calls it a damned lie. Even Matt Yglesias is apparently on the case,

by: Week99er

The Future of Business: Top 10 Entrepreneurs to Watch in 2025

As the business landscape continues to evolve, a select group of entrepreneurs is leading the charge with bold ideas, disruptive innovations, and an unrelenting drive for success. These visionaries are not only shaping their respective industries but also redefining what it means to be a leader in the modern world.

by: Variety

Apple Is Losing Over $1 Billion per Year on Streaming Service, Has 45 Million Apple TV+ Subscribers (Report)

Apple TV+ is reportedly losing more than $1 billion per year as the company is spending $4.5 billion on content annually.

by: CNBC

The 10 most expensive places in the U.S. to start a new business, report finds

California and New York's high costs of living make them expensive for new business owners, according to a recent ranking from an online small business advisor.

by: Investopedia

Why Nvidia Stock Is on Track to Have Its Worst Quarter Since 2022

Mounting economic concerns have threatened to derail the AI trade, putting Nvidia stock on track to have its worst quarter since 2022.

by: WKRG

Dollar General going-out-of-business sale leads to chaos, temporary closure

A Dollar General in Prichard was having a going-out-of-business sale when chaos broke out, according to the Prichard Police Department. PPD Chief Walter Knight said the North Wilson Avenue store was having a 50% off sale when the store owner called police for crowd control.

by: OurQuadCities

Schlueter's Auto Service earns Business of the Year Award in West Burlington

The City of West Burlington has announced that Schlueter's Auto Service is the recipient of the 2024 Business of the Year Award, celebrating its outstanding contributions to the community and dedication to excellence in automotive care,

by: CelebrityAccess

The CMA Announces Multiple Senior Hires And Promotions

The Country Music Association announced a round of new hires and promotions across multiple aspects of the organization's operations. Senior staff promotions at the CMA include Ben Balch, formerly Sen

by: cnbctv18

Citi CEO Jane Fraser meets FM Sitharaman, discusses digital push in India

Citi Group CEO Jane Fraser on Thursday met Finance Minister Nirmala Sitharaman. During her meeting, Jane highlighted Citi's growth in India and sought to further deepen the bank's engagement in the country.

by: Lifehacker

What Is 'Phantom Wealth' (and What to Do If You Have It)

If you've ever felt a disconnect between how much money you have and how financially secure you feel, you might be suffering a sort of phantom wealth. Here's why you might be feeling financially vulnerable,

by: GhanaWeb

CEO Anyanah Benjamin to Share Business Insights at Future Forward Forum 2025

The highly anticipated Future Forward Forum 2025, organized by the Azubam Empowerment Foundation, is set to bring together distinguished leaders in entrepreneurship, leadership, and technology.

by: Bloomberg

Bloomberg's 2025 March Madness Brackets for a Cause

Bloomberg has assembled a group of business titans to fill out NCAA March Madness brackets and put up money for charity. Who will win this year?

by: SaltWire

Cape Breton duo named to 25 Most Powerful Women in Business list

Two Cape Breton women have been named to the list of Atlantic Canada's 25 Most Powerful Women in Business by Atlantic Business Magazine . Audrey (Heidi) Marshall and Shannon Lynch Colbourne were recognized in the fifth annual list.

by: Truthout

Trump and DOGE's Attacks on CFPB Will Help Financial Industry Prey on Consumers

The Consumer Financial Protection Bureau is meant to protect us from predatory finance. That's why Trump wants it gone.

by: Firstpost

Are NBFCs supporting rural women in diversifying their businesses?

After years of financial exclusion, NBFCs are playing a crucial role in bridging the gap. By providing access to capital and digital tools, they are enabling rural women to grow their businesses and secure their futures. With this support, women are not just sustaining their businesses but driving real change in rural India.

by: Fortune

Exclusive: Walrus Foundation raises $140 million from Standard Crypto and a16z for a high speed storage network

The foundation supports the Walrus protocol, a decentralized network for storing files.

by: GOBankingRates

Here's How Mark Cuban Spent His First $1 Billion and What You Can Learn From It

Mark Cuban marked his entry to the wealthy billionaires' club by going on a major spending spree. He achieved this elite status in 1999, when he -- and business partner Todd Wagner -- sold

by: Cryptopolitan

China's central bank holds rates steady amid US tariffs and yuan weakness

by: Mint

Co-branded credit cards vs. regular credit cards: Pros, cons, and which to choose

Choosing the right credit card can be challenging. Co-branded cards offer brand-specific benefits, while regular credit cards provide broader rewards. Understanding your spending habits and preferences is crucial in selecting a card that fits your lifestyle and financial goals.

by: Stockhouse

Buzz on the Bullboards: A $15 billion oil business combination, Trump, & everything in-between

This week, the TSX saw a mix of gains and losses. The index climbed higher on Monday, driven by strong performances in the energy, finance, and mining sectors. However, it lost some ground in subsequent sessions as losses in these sectors weighed on the market.

by: SmartAsset

Form 4684: How to Claim a Casualty and Theft Loss Deduction

Form 4684 allows individuals, businesses and estates to claim deductions against any unexpected losses due to theft or disasters. These deductions can help reduce taxable income, but they come with specific eligibility requirements and limitations.

by: ProPakistani

Meezan Bank and NED University Partner to Launch Centre for Islamic Finance and FinTech

Meezan Bank, Pakistan's leading Islamic bank and NED University of Engineering and Technology have signed a landmark Memorandum of Understanding (MoU) to

by: Barchart

Stocks Rise Before the Open as Investors Digest Fed Decision, U.S. Economic Data and Earnings in Focus

S&P 500 E-Mini futures (ESH25) are up +0.18%, andMarch Nasdaq 100 E-Mini futures (NQH25) are up +0.25% this morning, extending yesterday's gains after the Federal Reserve indicated there remains scope to lower interest rates later this year,

by: Moneycontrol

Bain Capital strikes gold as deal likely for majority stake in Manappuram Finance

Bain to acquire approximately 22 percent stake from VP Nandakumar, Manappuram Finance's founder and MD & CEO and come up with an open offer to increase stake to 42 percent

by: MarketWatch

I'm 63 and planning to retire. I watched in horror as the markets tanked. Will I have enough to get me to my 90s?

I'm within a couple of months of an early retirement at 63. I watched the market tanking last month.

by: Insider

Wait a minute. Has Elon Musk really turned Twitter around, after all?

Elon Musk scared away many advertisers after he bought Twitter in 2022, and the company's value plummeted. Now it has reportedly recovered.

by: CoinTelegraph

Pakistan eyes crypto legal framework to spur foreign investors

Pakistan plans pro-crypto regulations to lure global investors and position itself as a leader in blockchain-powered finance.

by: Deadline

Media Stocks, Broader Markets Rebound As Fed Forecasts Two Interest Rate Cuts In 2025

Shares rose across the board, extending gains later in the session after the Federal Reserve weighed in at the close of its two-day March meeting and the news wasn't terrible.

by: CNET

Tariffs Explained: What They Mean for You Amid Rising Cost Fears

The rollout of President Donald Trump's tariffs was messy, uncertain and caused widespread market volatility, and a lot of folks are now getting anxious about big purchases.

by: CNN

Fed leaves rates unchanged. But here are changes you can make to earn more on savings or pay less on debt

The Federal Reserve on Wednesday decided yet again to stand pat on interest rates. Despite the Fed's inaction, there are still opportunities to maximize the interest you earn on your savings or reduce what you pay on your debts.

by: Reuters

In the Market: How Trump is driving Asia to diversify away from US

President Donald Trump's tariffs and other policies have some financiers and officials in Asia predicting the remaking of the post-World War II economic order, leading to an urgent quest to diversify away from America.

by: WKYC

Cuyahoga County Executive Chris Ronayne calls Cleveland Browns' Brook Park domed stadium proposal 'a risky bet'

During his press conference, Cuyahoga County Executive Chris Ronayne referred to the Browns' $3.4B stadium plan in Brook Park as 'a risk the county shouldn't take.'

by: Forbes

Reconsidering The MBA: Is It Still Worth It?

The skills taught in traditional business programs are increasingly seen as outdated, and employers are shifting their focus to creativity, adaptability and real-world experience.

by: FXStreet

EOS rebrands to Vaulta: Here is what investors should know

EOS (EOS) announces its rebranding to Vaulta and its pivot toward Web3 banking. The change will introduce a banking advisory group composed of financial and blockchain experts. The planned token swap allows EOS holders to exchange their tokens at a 1:1 ratio and is expected to occur by May 2025, pending community approval.

by: GlobalData

Saudi Arabia grants exploration licences to local and international mining companies

Saudi Arabia awarded exploration licenses for 4,788km2 within the mineral-rich regions of Jabal Sayid and Al-Hajjar to several companies.
Wed, March 19, 2025

by: Zawya

Gulf Bank appoints Bader Al-Ali as General Manager of Consumer Banking and Faisal Al-Gharabally as General Manager of International Banking

This step aligns with the Bank's ongoing efforts to empower national talent and promote them to leadership positions

by: WJCL

Secretary Raffensperger says Pooler's growth comes from small businesses

Raffensperger added that small businesses have a positive impact on the way the city of Pooler is run. "Everything that really happens good in your

by: Reuters

Vitol snaps up West Africa assets from Eni, strengthening upstream presence

Vitol will buy stakes in West African oil and gas assets from Italy's Eni , bolstering the global commodity trading house's position in the upstream sector, as it seeks to reinvest the huge profits it has been generating since 2022.

by: Investopedia

S&P 500 Gains and Losses Today: Boeing Surges on Several Positive Signals

The S&P 500 added 1.1% on Wednesday, March 19, 2025, as the Fed held interest rates steady, reaffirming plans for future cuts but expressing caution on inflation and growth.

by: CNET

Fed Pauses Interest Rate Cuts. Where Do Mortgage Rates Go From Here?

The Fed's pause could keep mortgage interest rates — which are sensitive to fiscal policy and economic growth — higher for longer. If you're in the market for a new home, average mortgage rates are projected to stay above 6% for a while.

by: AOL

Nvidia's Huang isn't shying away from DeepSeek, says AI needs 100x more computing power

CEO Jensen Huang isn't sounding the alarm over the introduction of AI models like China's inexpensively trained DeepSeek R1. Instead, the chip executive said the world needs far more computing power to handle so-called reasoning and agentic AI applications than previously anticipated.

by: Newsweek

Bridging Eastern and Western Values To Evolve Web3

Web3 doesn't belong to any one country or region. To succeed, it must adopt the best practices and mindsets from around the world. Different approaches don't need to be in conflict. In fact, their integration can drive the next wave of innovation.

by: Kiplinger

The SSA Is Changing How You Apply for Benefits and Update Your Direct Deposit Information: Here's What You Need to Know

The SSA is transitioning to stronger identity verification procedures for both new benefit claims and direct deposit changes.

by: Fortune

Trump's tariffs and policies are putting America's economy at risk: Consumer Technology Association CEO

Higher tariffs are already creating "cost shocks" for businesses, which for many will be passed on to consumers.

by: Insider

IMG Travel Insurance Review 2025

IMG offers a vast array of travel insurance plans for all types of trips. Read our IMG travel insurance review to see if it's right for you in 2025.

Temu-owner PDD Holdings' revenues hit by intense China competition and challenges abroad

PDD Holdings, which operates e-commerce platforms Pinduoduo and Temu, missed market estimates for quarterly revenue on Thursday, as demand remained weak in China despite deep discounts and government stimulus to boost spending.

The article from MSN discusses the financial performance of PDD Holdings, the parent company of Temu, a rapidly growing e-commerce platform. PDD Holdings reported a significant revenue increase of 66% to $9.4 billion in the third quarter, driven by strong growth in its domestic market through its Pinduoduo app. However, this growth was tempered by challenges in international markets, where Temu has been expanding. The company faced intense competition in China from rivals like Alibaba and JD.com, and abroad, it encountered issues such as regulatory scrutiny, logistical challenges, and the need to adapt to different consumer behaviors. Despite these hurdles, PDD Holdings remains optimistic about its global strategy, focusing on enhancing its supply chain and marketing efforts to capture more market share internationally.

Read the Full Reuters Article at:
https://www.msn.com/en-us/money/economy/temu-owner-pdd-holdings-revenues-hit-by-intense-china-competition-and-challenges-abroad/ar-AA1BjzDR