• Fri, May 9, 2025

by: WESH

Dry conditions are booming business for sod companies

The dry weather is prompting calls to sod companies like Sunny Sod Up, which had several deliveries Thursday morning.

by: WTKR

Paradise Ocean Club opening for second season under new business model

Paradise Ocean Club opening for second season under new business model after nearby shooting forced business to shut down in 2022

by: TechRadar

Quantum AI is becoming a popular interest for many businesses

Lots of businesses are exploring quantum AI, survey finds

by: MassLive

People in Business May 5, 2025

People in Business

by: Deadline

Star Of BBC's 'Bargain Hunt' Pleads Guilty To Terror Financing-Related Offences

A regular expert on hit BBC show Bargain Hunt has pleaded guilty to offences related to terror financing in a first of its kind case. Oghenochuko Ojiri just admitted eight counts under the Terrorism Act 2000 of failing to make a disclosure during the course of business, according to BBC News. The prosecution is a …

by: Impacts

Pencil Finance announces US$10 million for student loan financing backed by Animoca Brands and Open Campus

Pencil Finance is a decentralized lending protocol designed to bring student loan financing on-chain, transforming how student debt is serviced.

by: Kiplinger

Widow's Penalty: Three Ways to Protect Your Finances

Higher Medicare premiums, smaller Social Security payments, bigger tax bills … Financial changes can hit hard when a spouse dies. Here's how to counter the blow.

by: KARK

City of Bryant warns local businesses of email scam

The city of Bryant is warning local businesses to be aware of a recent email scam.

by: WAVY

Newport News Excellent Educator allows students to create a business plan

In Newport News, Tanesha Koonce works to prepare her middle schoolers for life long after grade school.

by: WFTV

Meet the 2025 Women Who Mean Business

The Orlando Business Journal this week is celebrating 26 influential Central Florida women.

by: Fortune

Kohl's board fight spills into the open with director departure

Kohl's said the recent departure of a board director was related to a disagreement with the company.

by: Bloomberg

Buyer's Remorse Hits Finance Bosses Who 'Overhired' for ESG

There's a course-correction underway among financial firms that went all out on ESG hiring just a few years back, according to recruiters advising banks and money managers.

by: CoinTelegraph

Bitcoin hits $103K but DeFi is a mixed bag: Finance Redefined

Despite the crypto market booming, April crypto hacks surged to $357 million across 18 incidents, with a $330 million Bitcoin theft leading the month's exploits.

by: BBC

Ministers raise concerns over council finances

The government issues a formal warning to cash-strapped Cheshire East Council over its performance.

by: Fortune

Richmond Fed president says it's not yet clear when the central bank should cut rates. 'It's really hard to drive when it's foggy'

Tom Barkin, president of the Federal Reserve's Richmond branch, said businesses have turned cautious.

by: WFTV

St. Cloud's new ordinance will impact watercraft rental businesses

While the ordinance is effective immediately, officials said enforcement will start in 30 days.

by: Reuters

Citigroup CEO says most business clients can absorb 10% tariffs

Citigroup CEO Jane Fraser said on Monday most of the bank's business clients could absorb U.S. tariffs of 10% on the nation's trading partners, but cautioned that companies are waiting on investments and hiring until there is more economic clarity.

by: PBS

PBS39 News Reports | TOOMEY BUSINESS FORUM | Season 2020

U.S. Sen. Pat Toomey has a Q&A with business leaders

by: Forbes

Democrats Warn Tariffs Could Break Small Businesses

A new Democratic report says tariffs are raising costs, cutting jobs, and putting pressure on small businesses in manufacturing, construction, trucking, and retail.

by: CoinTelegraph

Tron says DAO X hack cost victims $45K, Curve Finance also hit

Tron DAO's X account was taken over by a scammer on May 2, with around $45,000 stolen from users after the hacker posted a contract address and sent fraudulent direct messages.

by: Kiplinger

How Inflation Affects Your Finances and How to Stay Ahead

The cost of goods and services is certain to rise over time, making it essential to have a financial plan that will help you keep pace.

by: Impacts

The Rise of DeFi: How Decentralized Finance is Redefining Wealth

Picture this: a world where banks are dinosaurs, and you're calling the shots with your money. That's DeFi—decentralized finance—and it's shaking up wealth like a snow globe in a toddler's hands. I've been geeking out over DeFi for years, and if you're curious about jumping in, you gotta peek at trade-gpt.org for some dope guides […]

by: BBC

Thurrock Council's ex finance officer barred from accountancy

The council is effectively bankrupt after a series of investments.

by: Reuters

Gambia commutes death sentence over Jammeh-era killing of finance minister

Gambia's Supreme Court has commuted the death sentence of a government minister convicted of killing the finance minister to life in prison, one of few to be convicted of crimes committed during the 22-year rule of ex-dictator Yahya Jammeh. The case has been closely watched in the tiny West African nation as a rare example of accountability for Jammeh-era crimes and also as a test case for a years-long moratorium on capital punishment.

by: PBS

NJ Spotlight News | TikTok and NJ's small businesses | Season 2024

US Supreme Court to hear arguments over TikTok ban

by: CoinTelegraph

Swedish MP proposes Bitcoin reserve to finance minister

A Swedish parliament member has proposed Bitcoin for national reserves, mirroring US strategies and signaling increased European openness toward digital assets.

by: CNN

Saudi Arabia's gold rush: a new source of wealth | CNN Business

Saudi Arabia's oil may have built its fortune, but gold could power its future. From high-tech mining to rising gold prices, CNN takes a closer look to the kingdom's investment plans in precious metals — both as a producer and consumer.

by: Forbes

How CFOs Can Stop Payment Fraud Attempts

Also in the Forbes CFO newsletter: The disappearing M&A boom, stock markets and consumer sentiment dip in lead up to tariffs, CFPB isn't dead yet.

by: Fortune

Meta reportedly keeps 'do not hire' lists but HR experts warn the practice can be risky

Former Meta employees say they can no longer be rehired after being put on a secretive internal list.

by: PBS

NJ Spotlight News | Business Report: More homes for sale in NJ | Season 2022

But the recent rise in mortgage prices has led to softer demand

by: Fortune

The vast majority of CEOs are fearful of losing their jobs to AI, survey reveals

Nearly 80% of U.S. CEOs said they could lose their jobs within two years if they don't deliver AI-driven business gains.

by: CNN

Trump's latest Fox News hire leaves a giant hole in the network's biggest show | CNN Business

One of the most coveted seats on Fox News is suddenly up for grabs after Trump appointed Pirro, an ex-prosecutor, to a DC perch.

by: Forbes

20 Career Tips For Finance Professionals Working Their Way Up The Corporate Ladder

Building a successful career in the finance industry requires adaptability, strategic thinking and a commitment to lifelong learning. Early- and mid-career professionals in this field may face unique challenges as they navigate a competitive landscape and evolving market trends.

by: BBC

Bargain Hunt expert pleads guilty to terror financing-related offences

Oghenochuko Ojiri, who has been an expert on the BBC programme, has admitted eight offences.

by: Fortune

New digital borders are shaking up your company's tech stack. Here's how to adapt

Tariffs aren't the only way that geopolitics can hurt companies.

by: Forbes

Why Sustainability Drives Profitability In Business

Our commitment to sustainability has delivered measurable financial returns, reinforcing our belief that what's good for the planet is also great for business.

by: PBS

NJ Spotlight News | Important deadline approaching for NJ businesses in need | Season 2021

After the pre-registration process, grant application submissions will start next week.

by: CNN

Trump announces trade deal announcement with UK | CNN Business

While the details of the deal are still being worked out, it will lower tariffs on cars imported from the UK to 10%, while slashing levies on beef products.

by: CNN

UPS is cutting 20,000 jobs. It's not what you think | CNN Business

UPS will cut 20,000 jobs this year, about 4% of its global workforce, the company said Tuesday. But UPS added the decision is unrelated to tariffs and is instead due to increased use of technology and a previously announced plan to trim its Amazon business.

by: Fortune

Gen Z's favorite economic commentator Kyla Scanlon who coined 'vibecession' says we're not in one

"What people are feeling is not just vibes," Scanlon said. "There's real data to support a downturn."

by: PBS

NJ Spotlight News | Business Report: The inflation surge continues | Season 2022

Consumer prices in March were 8.5% above their March 2021 levels

by: PBS

NJ Spotlight News | Business Report: State launches new health care exchange | Season 2020

The state insurance marketplace replaces the federal marketplace healthcare.gov.

by: Fortune

Workforce AI skills are advancing too slowly as the technology zooms ahead. Something has to give

The problem is likely to intensify as companies try applying AI tools to more complex parts of their business.

by: CNN

Trump shrugs off recession fears, saying a downturn would be OK in the long term | CNN Business

President Donald Trump appeared to dismiss growing concerns that his economic policies could cause a recession, telling NBC News that the economy would be "OK" in the long term even if a recession happens in the near future.

by: Fortune

The new CEO of Fortune 500 auto parts supplier BorgWarner just pulled the plug on its once-promising EV charging business

Concluding it will not meet the company's minimum return target, execs say closing down the operations this quarter will save a cumulative $45 million in projected operating losses across this year and next.

by: PBS

NJ Spotlight News | NJ business owners impacted by boycotts on Russian products | Season 2022

There is a potential loss of jobs due to boycotts

by: CNN

Lithium battery producer: Hard to tell what will be tariffed, how much and when | CNN Business

Jason Levitt joins The Lead

by: CNN

Federal student loans are due again. A record percentage of borrowers are seriously delinquent | CNN Business

New research suggests a significant number of Americans with student loan debt are not able to make payments, did not know payments were due or decided not to pay.

The new CEO of Fortune 500 auto parts supplier BorgWarner just pulled the plug on its once-promising EV charging business

Concluding it will not meet the company's minimum return target, execs say closing down the operations this quarter will save a cumulative $45 million in projected operating losses across this year and next.
BorgWarner, a Fortune 500 auto parts supplier, has acquired an electric vehicle (EV) charging business for $25 million, aiming to expand its presence in the growing EV market. The acquisition includes a portfolio of charging solutions and technology that will enhance BorgWarner's existing product lineup, positioning the company to meet the increasing demand for EV charging infrastructure. This strategic move is part of BorgWarner's broader initiative to diversify its offerings and capitalize on the shift towards electric mobility, as the global automotive industry continues to transition away from traditional internal combustion engines.

Read the Full Fortune Article at:
https://fortune.com/2025/05/09/ev-charging-business-sold-fortune-500-auto-parts-supplier-borgwarner/

Like: 👍