Fri, May 9, 2025

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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 …

[ Fri, May 09th 2025 ]: MassLive

People in Business May 5, 2025

People in Business

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: TechRadar

Quantum AI is becoming a popular interest for many businesses

Lots of businesses are exploring quantum AI, survey finds

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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 […]

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: 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.

[ Fri, May 09th 2025 ]: Newsweek

How Estonia is advancing AI in government, business and education

The 34-year-old country has promoted itself as a global leader in digitization and sees the AI revolution as an opportunity to build on that foundation.
Thu, May 8, 2025

[ Thu, May 08th 2025 ]: KWTX

Temple, Texas business implements new security measures after multiple vehicle thefts

Allie's Nitty Gritty Cleaning Services was broken into last Sunday.

[ Thu, May 08th 2025 ]: KWQC

Geneseo business gives opportunities for other local small businesses

Because hometown pride is more than a feeling, it is a collective effort.

[ Thu, May 08th 2025 ]: HousingWire

Clear Capital launches data solutions business, PropertyNova

Clear Capital also announced its first products under PropertyNova: Tax Assessment Data and Recorder Deed Data.

[ Thu, May 08th 2025 ]: Impacts

How AI is Transforming Contract Management for Finance Teams

In my decade running Concord, I've witnessed a quiet revolution taking place: finance teams are increasingly taking the reins of contract management from legal departments. This shift isn't just happening because of new technology—it's a fundamental rethinking of what contracts actually are within an organization. And AI is accelerating this transformation dramatically.

[ Thu, May 08th 2025 ]: WJAX

Homeland Security reportedly raids St. Augustine business

*The story is developing. Refresh this link for updates.

[ Thu, May 08th 2025 ]: CSOonline

Security update causes new problem for Windows Hello for Business authentication

Second authentication glitch in a month affects a subset of Windows Hello for Business users.

[ Thu, May 08th 2025 ]: TechRadar

Ransomware hackers target a new Windows security flaw to hit businesses

Zero-day in Windows Common Log File System used for hacks

[ Thu, May 08th 2025 ]: TechCrunch

Reddit intros new profile tools for business customers | TechCrunch

Reddit has announced new profile tools for businesses that've joined Reddit Pro, the company's suite of enterprise tools.

[ Thu, May 08th 2025 ]: Patch

Bloomfield Mayor Talks Finance, Infrastructure At 'State Of Township'

Watch Jenny Mundell's 2025 "State of the Township" address here.

[ Thu, May 08th 2025 ]: Talksport

What is PCP car finance and could you have been mis-sold?

Millions of motorists buy a car with a personal contract purchase agreement (PCP), spreading the sizable cost of a car over manageable monthly payments. Sounds good, right? In principle, PCP …

[ Thu, May 08th 2025 ]: CNN

New documentary claims to identify Israeli soldier who shot Al Jazeera journalist Shireen Abu Akleh in 2022 | CNN Business

A new documentary about the 2022 killing of Al Jazeera correspondent Shireen Abu Akleh claims to have identified the Israeli soldier who fired the fatal shot.

[ Thu, May 08th 2025 ]: People

"Cheat: Unfinished Business:" Where Are the Couples Now?

The Netflix series 'Cheat: Unfinished Business' followed eight couples on a retreat to see whether or not they could move past their unfaithful pasts

[ Thu, May 08th 2025 ]: AOL

AI and ad tech are safe from Trump's tariffs so far

It's a sign that Big Tech's cloud and AI giants are navigating the current economic environment with relative ease, while Apple is forced to pull as many levers as possible to avoid a damaging blow amid the Trump administration's ever-changing tariff policy.

[ Thu, May 08th 2025 ]: Variety

Mubi Signs Major Three-Year Co-Production, Financing and Distribution Pact With Mario Gianani and Lorenzo Mieli's Our Films (EXCLUSIVE)

Mubi, the global streamer, producer and distributor behind "The Substance," has struck a major three-year co-production, financing, and distribution agreement with Our Films, the new Rome-based company founded by Europe's top producers Mario Gianani and Lorenzo Mieli. Our Films, which is part of Mediawan, was launched last year by Gianani and Mieli, and has already become a creative hub …

[ Thu, May 08th 2025 ]: Forbes

Navigating The Next Frontier Of Real-Time Event Streaming In Finance

Real-time streaming, AI co-pilots, digital twins, immersive visualization and decentralized marketplaces collectively define finance's immediate future.

[ Thu, May 08th 2025 ]: ThePrint

Worried About Market Volatility? Lock in Shriram Unnati FD's High Rates While You Still Can

NewsVoir Mumbai (Maharashtra) [India], April 25: While President Trump's 90-day tariff pause has come as a welcome respite for volatile equity markets, the fact that there continues to be policy uncertainty will mean that business investment is likely to be sluggish in the near-future. This increasing economic uncertainty is also why the Reserve Bank of […]

[ Thu, May 08th 2025 ]: Politico

Cuomo's campaign finance missteps pile up

The former governor's mayoral campaign has struggled with unfamiliar New York City regulations.

[ Thu, May 08th 2025 ]: PBS

NJ Spotlight News | Business Report: New funds for child care industry | Season 2022

Economic Development Authority will provide nearly $55 million to child care industry

[ Thu, May 08th 2025 ]: WDAF

Mission weighs permit for business to purchase Unleashed Pet Rescue

A troubled Johnson County animal shelter may soon be replaced by a new business.

[ Thu, May 08th 2025 ]: BBC

Liverpool charity faces regulator probe over finances

The Charity Commission starts a formal inquiry into a charity aimed at improving lives in the city.

[ Thu, May 08th 2025 ]: Fortune

What Ukrainian CEOs are saying

Also: Wojcicki wants back in, Atlanta Fed predicts GDP contraction.

[ Thu, May 08th 2025 ]: Reuters

US seeks complaints about concert, ticketing business practices

The U.S. Department of Justice, which is suing Ticketmaster, and the U.S. Federal Trade Commission are seeking public input through July 6. President Donald Trump in March signed an executive order aimed at protecting fans from ticket scalping and reforming the U.S. live entertainment ticketing industry.
Wed, May 7, 2025

[ Wed, May 07th 2025 ]: CNN

Trump teases 'major trade deal' Thursday | CNN Business

President Donald Trump teased a significant trade announcement to be announced Thursday, yet another sign of some possible relief from historically high tariffs that have threatened serious damage to the US and global economies.

[ Wed, May 07th 2025 ]: Patch

What's Opening In Durham and Middlefield? A Look At New Businesses

Here is a list of businesses that were formed in Durham and Middlefield from Mar. 28 through Apr. 24, 2025.

[ Wed, May 07th 2025 ]: Impacts

XRPL: The Decentralized Ledger Powering the Future of Finance

The XRP Ledger (XRPL) is a decentralized blockchain ecosystem designed to provide modern financial solutions to individuals, businesses, and developers. With over a decade of uninterrupted operation, the XRPL has built a reputation for high performance, security, and efficiency. Supported by a globally distributed and dedicated community, it offers sustainable solutions with minimal transaction costs, […]

[ Wed, May 07th 2025 ]: PBS

NJ Spotlight News | Business Report: Health insurance enrollment | Season 2022

Tuesday marks the start of open enrollment for NJ's health insurance marketplace

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/