• Mon, May 12, 2025

by: Business Insider

Best Business Savings Accounts of 2025

Learn about the best business savings accounts for May 2025. Compare rates, fees, and features to find the perfect savings account for your business.

by: NJ.com

'Business Lending 101' workshop to be held in Union Township

The event will be held on May 15 from 9 a.m. to 11 a.m. at Nova's Coffee Shop.

by: Defense News

Rheinmetall to expand satellite business, citing Ukraine support deal

The joint venture with ICEYE will focus initially on manufacturing Synthetic Aperture Radar (SAR) satellites before expanding to other space capabilities.

by: Fox News

Vance says India-Pakistan conflict 'none of our business' as Trump offers US help

Vice President JD Vance said the United States cannot tell India or Pakistan to lay down their arms in a renewed conflict, saying it is "fundamentally none of our business."

by: The Independent US

Vance says it is 'none of our business' to intervene in India-Pakistan conflict

'What we can do is try to encourage these folks to de-escalate a little bit,' the US vice-president says

by: FXStreet

Mexico's Finance Minister 'reasonably confident' about fiscal projections - El Financiero

Mexico's Finance Minister Edgar Amador noted that he is "reasonably confident" about the Treasury's fiscal and growth projections for the year.

by: Seeking Alpha

Lument Finance Non-GAAP EPS of $0.08 misses by $0.01 (NYSE:LFT)

Discover Lument Finance's Q1 earnings: Non-GAAP EPS of $0.08 misses by $0.01; GAAP net loss of $1.7M.

by: BBC

Met Police urges businesses to report shoplifting offences

One shopkeeper locks his doors to stop shoplifters coming in but they still try to break in.

by: ABC News

US stocks soar as US and China agree to slash tariffs

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

by: WOWT.com

37 West Farnam officially welcoming tenants and new businesses

Property managers say people who live here will be able to take advantage of the streetcar, once the project is completed.

by: CNN

FDA chief on new plan to lower prescription drug prices | CNN Business

Dr. Martin Makary joins The Lead

by: WSB-TV

Georgia businesses react as Chinese tariffs get 'paused'

"I have 90 days to prepare, 90 days stockpile, 90 days forecast, and 90 days to figure out what to do next," one business owner said.

by: WMUR

NH congressional delegation says businesses need certainty amid tariff fight

As the United States and China announced a de-escalation of a trade war, the New Hampshire congressional delegation on Monday was in the Manchester Millyard to celebrate local small businesses.

by: WPXI

Ongoing roadwork on busy Pittsburgh road leaves business owners frustrated

For weeks, the construction along Penn Avenue has been messy, congested and difficult to navigate. With no end in sight, local business owners are growing increasingly frustrated.

by: The Advocate

LSU selects new dean for business school. See who it is.

New dean set to take over on July 28, will replace Jared Llorens.

by: Toronto Star

Consolidated Lithium Extends Closing of Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

by: lbbonline

Howatson+Company Appointed Australian Financial Review's Creative Agency | LBBOnline

Little Black Book, The indie will help refine the AFR's brand identity while maintaining its 70-year legacy in business and financial journalism

by: Reuters

BDx secures financing for data centre expansion in Hong Kong

SINGAPORE (Reuters) -BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank and Japan's Sumitomo Mitsui Banking Corporation for the development of its first hyperscale data centre in Hong Kong. The Asia-Pacific data centre operator said in a statement that the loan marks its debut in the Hong Kong market and its third project financing facility, after two other loans in Singapore and Indonesia.

by: The News-Gazette

Business Notes for May 11, 2025

The Gazette's Business Notes is a compendium of the week's promotions, new hires, certifications, added business lines and business events, among other items, in Cedar Rapids, Iowa City and the rest of the Corridor.

by: TechRadar

Google is cutting hundreds of jobs in a core business unit

More Google workers are leaving

by: Fortune

HHS workers who research diseases, inspect food and administer Medicare and Medicaid are offered $25,000 buyouts

by: WXIX-TV

Budget and Finance Committee approves $161 million plan for Carew Tower

This historic building has been empty for years.

by: CoinTelegraph

Curve Finance warns its DNS has been hijacked again

Curve Finance is warning users that its domain name system might have been hijacked, only a week after its X handle was taken over.

by: Toronto Star

Business community eyeing new cabinet for signs Carney is shifting priorities

OTTAWA - Canada's business community will be watching Tuesday's cabinet shuffle closely for signs that Prime Minister Mark Carney will be easier to work with than the last Liberal government.

by: Fortune

UK says Europe needs 'coalition of willing' for Ukraine

"We've got to find those countries in Europe that are prepared to be a bit more forward-leaning — I'm not criticizing anyone here."

by: CNN

Dow soars 1,100 points after Trump team and China dramatically lower tariffs

US stocks surged on Monday after President Donald Trump's top trade officials brokered a surprisingly dramatic de-escalation in trade tensions with China over the weekend, dropping tariffs to much lower levels,

by: Toronto Star

GINSMS Announces Financial Results for the Three Months Ended March 31, 2025

CALGARY, Alberta, May 12, 2025 (GLOBE NEWSWIRE) -- GINSMS Inc. (TSXV: GOK) (the "Corporation") has announced its financial results for the first quarter ended March 31, 2025.

by: Toronto Star

iAnthus Reports First Quarter 2025 Financial Results

NEW YORK and TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN, OTCQB: ITHUF), which owns, operates, and partners with regulated cannabis
  • Tue, May 13, 2025

by: Bring Me the News

Champlin bar and grill closing after 18 years in business

Maverick's Wood Grill's last day will be May 31.

by: WETM Elmira

Roadwork continues impacting local businesses in Elmira

ELMIRA, N.Y. (WETM) -The City of Elmira is continuing a construction project it started last year, which is impacting both traffic and businesses. The East Water Street Rejuvenation Project includes street milling and paving, sidewalk repair, landscape, and parking improvements. As a result, East Water Street up until Madison Avenue has become a one way […]

by: The Daily News Online

Woman accused of stealing business vehicle in Perry

PERRY — A woman was charged Saturday after a vehicle was taken from an area resident.

by: ABC News

Dow closes up 1,160 points as US and China agree to slash tariffs

The U.S. agreed to cut tariffs on Chinese goods from 145% to 30%, while China committed to reduce tariffs on U.S. products from 125% to 10%. The previous set of sky-high tariffs had threatened a surge in prices and a possible U.S. recession, experts told ABC News.

by: Seeking Alpha

Universal Music Group gets new finance chief (UMGNF:Pink Limited Info)

Universal Music Group appoints Matt Ellis as CFO, effective June 9.

by: NBC Los Angeles

Germany's business leaders have a message for the country's new government: It's time to deliver

At the Tegernsee summit, business leaders urged Germany's new government to turn campaign promises into reality.

by: TheBusinessDesk.com

People: Finance for Enterprise; Clearpoint Recycling; and more

Finance For Enterprise (FFE) has appointed Sean Thorn as its new senior business lending manager, bringing over 25 years of industry experience to support the organisation's commitment to helping SMEs access funding. Thorn joins the South Yorkshire-based outfit after running his own finance brokerage.

by: The Diplomat

The Rise and Fall, and Rise Again, of Sea Ltd

The Southeast Asian tech giant has just come off its best year yet, and finally appears to be on a path toward stable profits.

by: Mandatory

Blake Lively's Attorney Reportedly Asks for Justin Baldoni's Finances

Blake Lively and Justin Baldoni's ongoing legal battle seemingly intensified after reports revealed a new request from Lively's legal team. The lawsuit, which features the star and director of It Ends with Us, Justin Baldoni, continues to attract major media attention. While the legal battle seems far from over, now finances are at the center […] The post Blake Lively's Attorney Reportedly Asks for Justin Baldoni's appeared first on Mandatory.

by: moneycontrol.com

63% of Indian accountants want to start their own business: Survey report

ACCA's Global Talent Trends Survey 2025 reveals that 63% of Indian accountants aim to launch startups, highlighting a shift toward entrepreneurship, hybrid work, and global career aspirations.

by: USA Today

Business and diplomacy

President Trump has arrived in Saudi Arabia

by: reuters.com

Cyprus business challenges old divisions amid hopes of new crossing points

When Andreas G. Andreou and Emre Serdar founded their window and framing company in Cyprus in 2015, they had a mission: to challenge the island's divisions by operating the business on both sides of its historic ceasefire line.

by: moneycontrol.com

Suryoday Small Finance Bank - a stock for investors with high risk appetite

Growth guidance intact, but core portfolio stress needs to be watched

by: reuters.com

Japan's finance minister wants to discuss forex with Bessent at G7

Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on the sidelines of the G7 meetings in Canada next week to discuss foreign exchange.

by: BBC

Van driver dies after crash on busy A-road

A man in his 30s has died and a lorry driver remains in a serious but stable condition, police say.

by: BBC

Glasner on Wharton fitness, 'business as usual' and facing Tottenham

Crystal Palace boss Oliver Glasner has been speaking to the media before Sunday's Premier League game against Tottenham (kick-off 14:15 BST). 90% he can play [in the FA Cup final], but always things can happen.

by: Forbes

Empowering Finance: Integrating Agentic AI Into The Talent Model

Finance functions can leverage agentic AI to mitigate the effects of talent shortages and improve data production and analysis.

by: CNN

Nissan more than doubles layoffs to around 20,000 | CNN Business

Nissan unveiled sweeping new cost cuts Tuesday, saying it would eliminate 11,000 more jobs and scale back production, capping a tumultuous year that has left the Japanese automaker fighting to turn itself around.

by: Fortune

DOGE says it's saved $55 billion, itemized data show far less

DOGE's accounting raises questions about the reliability of their self-reporting and their level of accountability.

by: Fortune

Car trouble: Can the French car industry recover to pre-pandemic levels?

Sales are down, factories are closing—but profits remain high. As EVs, offshoring, and China reshape the road ahead, France's car sector faces a reckoning.

iAnthus Reports First Quarter 2025 Financial Results

NEW YORK and TORONTO, May 12, 2025 (GLOBE NEWSWIRE) -- iAnthus Capital Holdings, Inc. ("iAnthus" or the "Company") (CSE: IAN, OTCQB: ITHUF), which owns, operates, and partners with regulated cannabis
iAnthus Capital Holdings, Inc. reported its financial results for the first quarter ended March 31, 2025, highlighting a revenue of $44.4 million, a slight decrease from $44.8 million in the same quarter of the previous year. The company's gross profit increased to $22.7 million from $21.6 million year-over-year, with the gross margin improving to 51% from 48%. Operating expenses were reduced to $19.6 million from $21.4 million, leading to an operating income of $3.1 million, a significant improvement from an operating loss of $0.2 million in Q1 2024. The net loss for the quarter was $6.8 million, compared to a net loss of $11.7 million in the prior year's first quarter. iAnthus also reported an Adjusted EBITDA of $9.4 million, up from $7.8 million in Q1 2024. The company's CEO, Robert Galvin, expressed satisfaction with the results, attributing the performance to operational efficiencies and market expansion efforts, and remains optimistic about future growth and profitability.

Read the Full Toronto Star Article at:
https://www.thestar.com/globenewswire/ianthus-reports-first-quarter-2025-financial-results/article_ee60df96-dee9-5ada-b5f4-ef7db3e9911e.html

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