• Wed, May 28, 2025

by: BBC

Victim of 'conniving' conman loses business and marriage

Mital Mehta is jailed for five years and three months for 21 counts of fraud.

by: Fortune

E.l.f. acquires Hailey Bieber's Rhode beauty brand in $1 billion deal

"I've been in the consumer space for 34 years," e.l.f. CEO Tarang Amin told Fortune. "I've never seen a business like this."

by: NewscastStudio

CNBC launches U.K. newsletter featuring veteran business journalist Ian King

CNBC has launched a weekly newsletter focusing on the U.K. markets. "CNBC UK Exchange with Ian King" will publish its first issue May 28, 2025. The newsletter will explore the latest developments in U.K. business, finance, and geopolitics, with a particular focus on the City of London, and will be led by Ian King.

by: Jerry

Magic offseason trade proposal for Kristaps Porzingis as Celtics get finances in check

The Magic need to get their finances in check, which could lead them to trading Kristaps Porzingis to the Magic.

by: Politico

New York City Campaign Finance Board sent 3.5M voter information guides with error

The information packets erroneously listed Mayor Eric Adams as a Democratic candidate, even though he is running as an independent.

by: KARK

Arkansas small business recognized by Walmart on National Small Business Month

This month is National Small Business Month, which makes it a perfect time for workers at Fire and Smoke Society to celebrate what they've been doing nationally from right here in the Natural State.

by: TheStreet

Automating Finance: Pavan Kumar Bollineni Is Ending Spreadsheets With AI

Pavan Kumar Bollineni is reshaping enterprise finance with trusted, ethical AI built for real-world transformation.

by: Forbes

You Need A Business Continuity Plan

A BCP considers any kind of disturbance, such as a major power outage, natural disasters, staffing issues, supply chain disruptions or even sudden tariff increases.

by: CNN

7 million new jobs will evaporate this year because of trade war, UN predicts | CNN Business

The United Nations expects that millions of potential jobs will vanish this year because of an economic slowdown triggered by US President Donald Trump's trade war.

by: Impacts

Personal Finance Meets Tech: How it Changes the Game

Personal finance management has significantly transformed, leading to more positive financial habits. It begins with 24/7 access to your bank accounts and options to pay with anything, from a card to a smartphone to a smartwatch. While it simplifies payments, it does affect spending. This article examines the tech's good and bad influence on our [ ]

by: Flightglobal

Record orders propelled IAI's financial performance in 2024

An increase in domestic orders, along with a rise in export deals, helped Israel Aerospace Industries (IAI) to secure record business last year.

by: Fortune

Target missed analysts' sales expectations by nearly half a billion dollars in the aftermath of DEI-related boycotts

In-store foot traffic dipped 5.7%, the number of transactions both in-store and online dropped 2.4%, and the amount customers spent decreased 1.4%.

by: CNN

Texas governor signs new law requiring Apple and Google to verify all app store users' ages | CNN Business

Google and Apple will soon be required to verify app store users' ages in Texas, after Gov. Greg Abbott signed the rule into law on Tuesday.

by: Forbes

How An Owner's Insecurities Can Manifest In Business Contexts

Each of these ways can harm the owner's business.

by: CNN

Anheuser-Busch taps UFC's Dana White for a new energy drink | CNN Business

With beer sales flatlining, Anheuser-Bush is looking elsewhere to boost its bottom line. So, it's tapped in UFC boss Dana White to help create the company's newest energy drink.

by: Forbes

The Growth Vs. Efficiency Dilemma: Navigating The Business Tightrope

There's absolutely nothing wrong with having a growth mindset, but it must never evolve into a "growth-at-all-cost" mentality.

by: Fortune

How China's rare earths monopoly threatens major Fortune 500 companies: 'Its the biggest gun they have to our heads'

by: Forbes

The Legacy Banks Quietly Building The Future Of Finance

As the line between tech company and bank continues to blur, it is not the fintechs that legacy players should fear. It is the banks that fail to change.

by: Fortune

Jerome Powell doubles down on a word that has haunted him, saying pain from tariffs would be 'transitory'

The Fed's slowness to catch the inflation surge that began during the pandemic has earned it scads of criticism. Is this time different?

by: Fortune

AutoZone's CFO says tariffs have minimal impact on margins as sales climb

The vast majority of growth is coming from strategic initiatives, according to the Fortune 500 company.
  • Thu, May 29, 2025

by: NerdWallet

Small Businesses in Limbo Amid Trump's Tumultuous Trade War - NerdWallet

Four small-business owners share how they're navigating shifting tariff policies and planning for uncertain futures.

by: BBC

Bus and bike lanes planned for busy city roads

It is hoped the proposals for Leeds will cut journey times and make the route safer.

by: Forbes

What SXSW 2025 Revealed About The Future Of Fintech And Finance

The next era of financial services will be dominated by financial institutions that treat fintechs as beneficial partners, not dangerous disruptors.

by: Delish

Dave & Buster's Is Revving Up Business With New Hot Wheels Menu

Dave & Buster's is teaming up with Mattel for a new exclusive Hot Wheels arcade game, as well as a Hot Wheels-themed menu.

by: WHIO

Police presence reported on busy Dayton street

There is a large police presence reported in Dayton.

by: Impacts

Pepe Loses Steam As Mutuum Finance (MUTM) Explodes On The Scene

As the PEPE meme coin loses steam, a fresh contender, powered by utility, is stepping into the spotlight. The Mutuum Finance (MUTM) DeFi

by: TechRadar

Criminals are using AI to create fake documents to trick businesses

Document forgery requires tech solutions - here's what you need to know

by: Fortune

Kohl's shocks investors reporting a not-too-bad quarter even after it fired its CEO just 100 days into the job

The retailer still reported a 4.1% year-over-year net sales drop, but that was better than what analysts expected.

by: Insider

A tariff reprieve, bond yields, and Nvidia earnings: What investors are watching as stocks rise

Stocks climbed on Tuesday after Trump delayed tariffs on the EU. Bond yields edged lower and Nvidia rose ahead of its midweek earnings report.

by: briefly

How finance and HR can work together in the modern business environment

From talent acquisition and workforce planning to leadership development and organisational culture, HR oversees the drivers of long-term business sustainability.

by: MLive

Latino-owned food businesses open in Kalamazoo with help from new program

New businesses to sprout up with help from the program include a taco truck, a bakery and a hot dog stand.

by: MassLive

Nation needs revenue, not a hobbled IRS, to fix finances (Letters to The Republican)

A letter-writer also comments on 'Veterans for Trump' lawn signs.

by: MyNewsLA

Mayor Bass Launches New `Business Navigator' to Help Small Businesses - MyNewsLA.com

A new centralized online hub is available to help local small businesses access permits, resources and procurement opportunities much more easily, Mayor Karen Bass announced Thursday. Bass highlighted the tool during Thursday's 2025 ProcureLA Summit, which hosted more than 300 small business owners and entrepreneurs in Koreatown. The navigator can be accessed at .lacity.gov. "Los [ ]

by: WGNO

Local businesses burglarized in St. Bernard Parish

CHALMETTE, La. (WGNO) Man wanted for burglary in Chalmette and is a person of interest in two other burglaries. According to the St. Bernard Parish Sheriff's Office, on Sunday morning, May 18, deputies responded to a report of a business burglary on Packenham Avenue in Chalmette. The burglary occurred the night prior. SBSO said [ ]

by: WMUR

President Trump tariff fight fuels small business uncertainty

President Trump's tariffs continue to create uncertainty for small business owners as legal battles unfold.

by: CNN

Tariffs will cost Gap up to $300 million | CNN Business

Tariffs are slamming Gap.

by: ESPN

Panthers to Cup Final: 'This year, it's all business'

The Panthers advanced to their third straight Stanley Cup Final with a 5-3 victory over the Hurricanes in Game 5.

by: CNN

AI entrepreneur warns of potential future job losses | CNN Business

Anthropic CEO Dario Amodei tells CNN's Anderson Cooper that "we do need to raise the alarm" on the rise of AI and how it could cause mass unemployment.

by: Fortune

McKinsey's headcount is down more than 10% in the past 18 months. That's the biggest loss in the consulting firm's history

The company says the decrease is due to normal attrition and performance review firings.

by: TechRadar

Upgrading to Windows 11 just got easier - Microsoft introduces a new business backup tool

by: ESPN

City chief wants to finish transfer business by CWC

Manchester City chairman Khaldoon Al Mubarak has said the club is aiming to complete its summer transfer business in time for the Club World Cup.

by: Fortune

E.l.f.'s acquisition of Hailey Bieber's Rhode is a $1 billion bet on Gen Alpha

"I've been in the consumer space for 34 years," e.l.f. CEO Tarang Amin told Fortune. "I've never seen a business like this."

by: CNN

The New York Times inks deal with Amazon to license content for AI training | CNN Business

The Times will license content from across its newsroom, including NYT Cooking and The Athletic, to train Amazon AI models.

by: CNN

Starbucks is changing one of the most | CNN Business

Starbucks is changing one of its most generous parts of its loyalty program, marking the latest effort by CEO Brian Niccol to boost profits.

by: CNN

Stocks rally | CNN Business

Stock futures gained Thursday after a court

by: CNN

Consumer confidence improves for the first time since November | CNN Business

It's been a little while since Americans had an inkling of optimism about the economy.
  • Fri, May 30, 2025

by: deseret

Religion, finances and violence: Latter-day Saint leaders provide answers to key questions

by: BBC

Ignore Market Hall negativity, say local businesses in Derby

Independent shops in Derby say the Market Hall has given them a boost they hope will continue.

The Legacy Banks Quietly Building The Future Of Finance

As the line between tech company and bank continues to blur, it is not the fintechs that legacy players should fear. It is the banks that fail to change.
The article from Forbes, published on May 28, 2025, discusses how legacy banks are quietly leading the future of finance by leveraging their established infrastructure and customer base to innovate and adapt to new financial technologies. Despite the rise of fintech startups and digital banks, traditional banks like JPMorgan Chase, Bank of America, and Wells Fargo are making significant investments in blockchain, artificial intelligence, and digital currencies. These banks are not only enhancing their service offerings but also partnering with fintech companies to stay competitive. The article highlights that legacy banks' deep understanding of regulatory environments and their ability to scale innovations quickly give them a strategic advantage in shaping the future of the financial industry.

Read the Full Forbes Article at:
https://www.forbes.com/sites/christerholloman/2025/05/28/the-legacy-banks-quietly-leading-the-future-of-finance/
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