• Thu, March 27, 2025

by: Fortune

GameStop stock slides 23% after announcing strategy shift and plans to buy $1.3 billion worth of Bitcoin

The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing a "significant number" of retail stores. Although the news was greeted with a 14% same-day stock bump,

by: Futurism

Jack Dorsey's Flailing Crypto Business Is Laying Off More Than 900 Employees

For the past few years, the financial technology sector has had it made. Between 2018 and 2023, the rapidly growing "FinTech" industry rose to over $39 billion in revenue, with projections to hit over $1.

by: Cryptopolitan

Solana Price On The Up, Mutuum Finance (MUTM) Raises $5 Million & Dogecoin Aims For $0.50, Has The Bull Run Resumed?

All the major assets are experiencing substantial momentum, the cryptocurrency market is heating up. Solana is breaking out of a long consolidation with a staggering $1000 target. The meme coin heavyweight,

by: WFTV

'Modern dive' sports bar and liquor store combo comes to Clermont

Lake County is set to welcome a new hospitality concept combining Mullets Sports Bar with a liquor store called RS Liquors, short for Roasted Spirit Liquors.

by: Mint

What happens if you default on a personal loan? Key financial and legal consequences explained

Defaulting on a personal loan can severely impact your credit score, lead to legal action, attract challenging penalties, and reduce future loan eligibility. Learn how to avoid these financial pitfalls and protect your creditworthiness.

by: Euronews

Trump to proceed with 25% import levies on autos and lower reciprocal tariffs

US President Donald Trump confirmed 25% tariffs on vehicles not manufactured in the US, set to take effect on 2 April. Auto shares fell across Asia following the news, with the impact expected to ripple through Europe.

by: CoinDesk

BlackRock Expands Digital Asset Team, Adds Four High-Level Roles

BlackRock has posted four new digital asset job listings, signaling deeper crypto ambitions beyond its existing Bitcoin and Ethereum ETFs. The firm's hiring push comes as tokeni

by: Reuters

Bank of America mortgage applications jumped 80% in Q1, executive says

Bank of America saw an 80% jump in mortgage applications between January and March as buyers were tempted by increasing home inventory and lower long-term bond yields, an executive said.

by: WCIV

Charleston set to host small business expo with over 50 exhibitors at Gaillard Center

Charleston residents will have a chance to expand their local businesses come next week. On Tuesday morning, the City of Charleston's Minority & Women-Owned Business Development Office will be hosting the Small Business Expo at The Gaillard Center.

by: KBOI

College of Western Idaho to offer first bachelor's degree in business administration

The College of Western Idaho (CWI) received approval from the U.S. Department of Education to offer a Bachelor of Applied Science (BAS) degree in Business Admi

by: AOL

Do business savings accounts offer bonuses?

Banks sometimes offer bonuses for opening business savings accounts, although these perks are more common with business checking accounts. Interest-bearing checking and money market accounts are a smart way for businesses to earn a return on their savings while collecting a sign-on bonus.

by: Snopes

Tesla rumor claiming mugshot shows man crying after arrest for vandalizing dealership is false

Online users shared the mugshot as a meme amid a flurry of news about the electric vehicle maker in early 2025.

by: Entrepreneur

How Entrepreneurs Can Better Support Their Employees' Mental, Physical and Financial Health

By supporting employees in various aspects of their well-being — mental, physical and financial — organizations not only enhance individual lives but also build a solid base for a thriving business. Related: Prioritizing Your Employees' Well-being Is the Smartest Business Decision You Can Make — Here's How.

by: KOMO

Seattle Mariners' season kick-off boosts local economy with bustling bars and restaurants

The Seattle Mariners are back in business - and bars and restaurants around the ballpark are celebrating the start of the 2025 season.A seven-game homestand pro

by: FOX61

Connecticut business owner charged with not giving his employees workers comp insurance coverage

Rahamat Hydar, 55, of Danbury, owns Meagan's Auto, a tow truck company. He was arrested on Tuesday and faces multiple charges.

by: Kiplinger

GOP Eyes Taxes on Municipal Bond Interest: What You Need to Know

If the tax status of muni bonds changes, the impact on regular investors and state and local governments could be significant.

by: Investopedia

Top Bank of America Shareholders

The top shareholders of Bank of America are Paul F. Donofrio, Matthew Koder, Dean Athanasia, Berkshire Hathaway, Vanguard, and BlackRock.

by: WESH

Winter Garden leaders continue discussions on development plan with professional soccer stadium

City leaders in Winter Garden took a step forward on Thursday in considering a major development that could bring a professional soccer stadium.

by: Moneycontrol

Health insurance claim rejections: Here are the common mistakes you must avoid

To ensure a hassle-free claims experience, one should be transparent about one's medical history when buying a policy.

by: WTOP

EPA offers industrial polluters a way to avoid rules on mercury, arsenic and other toxic chemicals

As part of a push to roll back dozens of environmental regulations, the Trump administration is offering coal-fired power plants and other industrial polluters a chance

by: Insider

Ethics watchdog says Congressman Cory Mills may have lied about finances and isn't cooperating

The House Ethics Committee opened an investigation into Rep. Cory Mills after a probe found he may be violating federal law.

by: Kiplinger

TaxAct Review: Pricing, Features and What to Expect

TaxAct offers basic tax prep tools with competitive pricing. Understand its features, limitations and how it compares to similar software.

by: Investopedia

S&P 500 Gains and Losses Today: GM Stock Tumbles After Trump Declares Auto Tariffs

The S&P 500 declined 0.3% on Thursday, March 27, after the White House announced a 25% tariff on auto imports will take effect next week.

by: AOL

What Does Refinancing a Car Mean and Should You Do It?

Wondering what does refinancing a car mean? Learn how it works, why people do it and if it could save you money.

by: Reuters

GameStop shares tumble as investors question bitcoin pivot

Shares of GameStop fell more than 15% on Thursday after the company's plan to finance its bitcoin pivot raised questions about the timing of its move and its strategy to turn around its struggling retail business.
  • Fri, March 28, 2025

by: MyHighPlains

Now Open: Flower shop owner turns personal struggle into family business

A new flower shop is now open for business in Amarillo with a blossoming story of resilience, family and second chances.

by: TipRanks

Prime Drink Group Finalizes Private Placement and Issues Corrective Disclosure

Dominion Water Reserves ( ($TSE:PRME) ) just unveiled an announcement. Prime Drink Group Corp. announced the additional and final closing of its

by: cnbctv18

Blackstone-backed ASK Asset & Wealth Management gets SEBI approval for mutual fund business

ASK Asset & Wealth Management Group has received an In-Principle Approval (IPA) from the Securities and Exchange Board of India (SEBI) to launch its mutual fund business. The Blackstone-backed firm plans to offer research-driven investment solutions for Indian investors.

by: Entrepreneur

Shepreneurs 2025: Celebrating Women Trailblazers

These names, with every passing year, are not just new additions but showcase the evolution of women entrepreneurship and leadership over the past decade

by: GhanaWeb

'President Mahama knows my experience will benefit the capital market' - Klutse Avedzi

The newly appointed Director-General of the Securities and Exchange Commission (SEC), James Klutse Avedzi, has defended his suitability for the role, citing his extensive experience in Parliament and finance-related committees as key assets

by: TheStreet

Scott Galloway's net worth: The Prof G host's wealth & income in 2025

After a career of startup founding and consulting, Scott Galloway is now a thought leader in tech and business. Here's what he's worth at age 60 and how he made his money.

by: Moneycontrol

Immigration and Foreigners Bill 2025 cleared in Lok Sabha: What is it and how will it prevent illegal entry into India?

The bill, which will be named the Immigration and Foreigners Act, 2025, repeals several previous laws, including the Passport (Entry into India) Act, 1920, the Registration of Foreigners Act, 1939, the Foreigners Act of 1946,

by: Bloomberg

Xi Woos Global Business Leaders as Trump Intensifies Trade War

Chinese President Xi Jinping vowed to improve market access at a meeting with a group of global business leaders in Beijing, in an effort to boost investor sentiment as rising tariffs fuel uncertainty for the economy and international trade.

by: Forbes

Could Agentic AI Be The Superhero Of Sales Order Processing?

Automating sales order processing isn't just about efficiency—it's about positioning your business for future success.

by: Moneycontrol

Signal chat leak exposes Trump advisers' personal data and top-secret Yemen strike plans

US national security officials are under fire after leaked private contact information appears online amid controversy from mismanaged group chat.

by: Forbes

Why The Expected Trump M&A Boom Is A Bust-So Far

Dealmakers' post-election optimism has fizzled amid Trump-induced economic uncertainty. Are deals dead or just delayed?

by: Forbes

Drawbacks Of Traditional Financial Systems And How Blockchain Tech Can Help

Blockchain technology offers an innovative solution to many systemic problems by providing immutability in financial transactions.

by: Moneycontrol

Jio Financial Services shares rise, Zomato flat on Nifty 50 debut; Britannia Industries, BPCL stocks gain post exit

The exclusion of Britannia Industries and BPCL caused their respective stocks to rally, gaining up to 2.5 percent during the opening session.

by: Insider

Canadians don't want to visit the US, so airlines are cutting seats and axing flights

Bookings on flights from Canada to the US have dropped more than 70%, OAG found. WestJet said it's seeing demand shift to Europe and Mexico.

by: Forbes

20 Ways AI Will Shape The Long-Term Future Of Business

Businesses can expect significant efficiency gains with AI's ability to streamline processes, enhance decision-making and personalize user experiences.

by: Insider

PwC launches a new platform to help AI agents work together

PwC unveils "agent OS" to integrate agents across platforms.

by: Insider

Trump declared April 2 'Liberation Day.' Here are all the tariffs he's threatening to impose.

Trump said he would impose new trade plans on "Liberation Day" on April 2. Here's everything we know, including a possible raft of reciprocal tariffs.

by: Reuters

India offers US tariff cuts on farm imports, eyes trade success, government sources say

India has offered tariff cuts on imports of U.S. farm products like almonds and cranberries as a further concession to the United States, two government sources said, hoping to avert President Donald Trump's reciprocal tariffs set for next week.

by: Reuters

China accelerates government bond issuance in Q1 to highest on record

China stepped up fiscal support and accelerated the pace of government bond issuance to the highest on record in the first quarter of this year, according to Reuters calculations based on official data.

by: Reuters

Twists and turns in Deutsche Bank's modern history

Deutsche Bank has extended CEO Christian Sewing's contract, while its deputy and another top executive will depart as part of a management revamp, cementing the leadership team of Germany's largest lender for the next phase of its turnaround.

by: Reuters

Deutsche Bank extends CEO's mandate and revamps board in crucial year

by: Reuters

Macron's chief of staff Alexis Kohler joins Societe Generale

French banking giant Societe Generale said on Friday it had appointed President Emmanuel Macron's chief of staff Alexis Kohler as executive vice president, effective June 2025.

by: Reuters

Deutsche Bank extends CEO Sewing's mandate; finance chief to leave

Deutsche Bank has extended the contract of CEO Christian Sewing by three years through April 2029, Germany's largest lender said on Thursday.

GameStop stock slides 23% after announcing strategy shift and plans to buy $1.3 billion worth of Bitcoin

The company said Tuesday its board voted unanimously to raise $1.3 billion to purchase Bitcoin, while simultaneously closing a "significant number" of retail stores. Although the news was greeted with a 14% same-day stock bump,
GameStop's stock experienced a significant decline of 23% following the announcement of a strategic shift towards becoming a technology company, which includes plans to invest $1.3 billion in Bitcoin. This move is part of a broader transformation aimed at diversifying revenue streams beyond traditional retail. The company also reported a net loss of $3.7 million for the third quarter, despite a slight increase in sales. The decision to invest heavily in cryptocurrency reflects GameStop's attempt to adapt to new market trends and potentially capitalize on the growing interest in digital assets. However, this pivot has introduced considerable volatility in its stock price, reflecting investor uncertainty about the long-term viability of this strategy.

Read the Full Fortune Article at:
https://www.msn.com/en-us/money/savingandinvesting/gamestop-stock-slides-23-after-announcing-strategy-shift-and-plans-to-buy-1-3-billion-worth-of-bitcoin/ar-AA1BMTaM

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