• Thu, June 5, 2025

by: WJBK

Detroit Grand Prix: Downtown businesses cashing in during busy event week

It has been a busy week for the Motor City after thousands of people were downtown for the Movement Festival, and now thousands are expected for the Detroit Grand Prix.

by: Entrepreneur

Your Business is Growing. So Why Are Your Finances Still Abysmal? | Entrepreneur

When your business outgrows your financial systems, guesswork becomes expensive, and control slips fast.

by: WMUR

Hampton Beach busy despite air quality warning as temperatures climb

As temperatures in New Hampshire topped 90 degrees and air quality alerts were issued Thursday, people hit the beach in Hampton.

by: Reuters

Wall Street's potential winners and losers from Trump's tax bill

As President Donald Trump's sweeping tax-cut and spending bill heads to the Senate, analysts examine how his broad-ranging policies could turn the fortunes of U.S. companies if the package is enacted as law.

by: Fortune

Tesla has $1.2 billion at risk in Trump tax bill, JPMorgan says

An all-but-doomed tax credit highlights just how much Elon Musk's biggest business has to lose under President Donald Trump.

by: WSAZ

Graduates and understanding finances

Rod talks about what so many young adults are turning to social media for financial advice.

by: Forbes

Climate Finance Meets Fintech: Innovation For A Sustainable Future

The climate finance sector will have to adopt technological innovations that enhance transparency, unlock liquidity and broaden access for investors

by: Richmond

Meet Hanover County's New Director of Finance and Management Services

Learn about Lauren Null's background and her vision for ensuring fiscal stewardship and service excellence in Hanover County.

by: LancasterOnline

New owners for Strasburg Creamery complex plan revival of landmark businesses

The Strasburg Creamery didn't reopen on time this year, but the borough's 40-year summertime tradition of ice cream on the square is slated to resume sometime next month.

by: CNN

Earn up to 110,000 SkyMiles with these new Delta Amex business card offers | CNN Underscored

Delta Air Lines and American Express increased welcome offers on their suite of business credit cards, and these limited-time deals could mean big travel savings.

by: CoinTelegraph

Maple Finance expands to Solana, deploys yield-bearing stablecoin

Maple Finance has announced that it is expanding into the Solana ecosystem, bringing its yield-bearing stablecoin along.

by: Forbes

Exporting Trust: How Blockchain Finance Can Redefine Trade Agreements

For decades, the global trade system relied on institutional credibility. But programmable finance rewires that system to depend on logic, not legacy.

by: CNN

UnitedHealthcare accused The Guardian of looking to 'capitalize' on CEO's murder in lawsuit | CNN Business

UnitedHealthcare sued The Guardian on Wednesday for defamation, claiming the British daily ran information it knew to be incorrect in order to "capitalize" on its CEO's assassination.

by: Fortune

Can Iceland help the U.S. clean up its aluminum industry?

With Trump's tariffs driving up prices, we're reminded that aluminum shouldn't be wasted and Iceland may hold the key to its circularity.

by: Forbes

AI, Water And The Future Of Business

Christophe Beck, chairman and CEO of Ecolab, explains how the company is working to reduce the power and water footprint of data centers.

by: CNN

Hooters abruptly closes dozens of restaurants | CNN Business

Hooters has abruptly closed dozens of locations just a few months after the chicken wing chain filed for bankruptcy and proclaimed it wasn't "going anywhere."

by: Fortune

Fintech giant Wise plans to shift main listing to New York as London sheds innovative companies

Wise's listing shift underscores years of pain. "U.K. stock market continues to take a succession of blows to the head," one expert said.

by: Forbes

20 Methods To Organize Your Business Finances And Improve Cash Flow

The best thing a business owner can do to manage cash flow and eliminate uncertainty is to embrace faster payments.
  • Fri, June 6, 2025

by: Bizcommunity

CIMA's CGMA Professional Qualification receives upgrade to meet expanding scope of modern finance

New syllabus and blueprints launched for 2026 Case Study exams to develop finance business partnering, analysis, and critical thinking skills.Craig Henery, ACMA, CGMA, CFO at DHL Express South Africa;

by: NewsNation

SBA assisting firms with loans during trade war: Kelly Loeffler

The start of President Trump's second term has been marked by steep tariffs on global trading partners, especially China.

by: Variety

Spotify Lays Off 5% of Staff Across The Ringer and Podcast Studios Business

The cuts, made internally Tuesday, represent a 5% reduction in headcount across The Ringer and Spotify Studios. The roles that were eliminated will be reallocated to support Spotify's video podcast push, a source familiar with the company said. Spotify is not canceling any podcast shows with the staff cuts.

by: WAVY

Downtown Norfolk businesses brace for busy Harborfest Weekend

Harborfest will sail into town tomorrow. It has been a tradition on the Norfolk Riverbank for nearly half a century.

by: krtv

Eye On Great Falls - new businesses (May 2025)

Some new businesses have recently opened in Great Falls - or plan to in the coming months - Aneesa Coomer reports:

by: CNET

Klarna's New BNPL Debit Card Provides Quick Access to Financing Plans. Is It Better Than a Credit Card?

The new card makes it easy to use a buy now, pay later plan, but you can get its paid features for free elsewhere.

by: Finextra

The Future of Open Finance: Impacts of New Regulation, Use Cases, & Business Models

Simos Eacott, Head of Payments, NatWest, speaks at EBAday 2025 in Paris about the the future of Open Finance and the impacts of new regulation, use cases, and business models. We hear how much the switch to an expanded open finance ecosystem will enable growth, and whether the industry is prepared for the potential changes.

by: Investopedia

Kimberly-Clark To Sell Majority of $3.4B Global Tissue Business

Kimberly-Clark on Thursday announced a partnership with Brazilian pulp and paper producer Suzano to split ownership of Kimberly-Clark's international tissue and paper products business.

by: CNN

Hunter Biden drops lawsuit against Fox News | CNN Business

Hunter Biden on Friday dropped a second lawsuit that accused the right-wing network of unlawfully airing sexually explicit images of him.

by: CoinTelegraph

Stablecoin legislation to drive Bitcoin market cycle in 2025: Finance Redefined

Stablecoin legislation may catalyze Bitcoin's cycle top of over $150,000 in 2025 as the industry awaits the full Senate vote on the GENIUS Act.

by: TheWrap

Disney Cuts Hundreds of Jobs Across TV, Film, Corporate Finance and More in Latest Round of Layoffs

This marks the fourth and largest staff reduction at the media conglomerate's TV operations in the last year

by: KARK

Arkansas Department of Finance and Administration issues notice about frequent text scam

The Arkansas Department of Finance and Administration is warning Arkansans about a scam text that claims to be from the Arkansas Vehicle Administration, which does not exist.

by: Impacts

Mutuum Finance (MUTM) Emerges as Frontrunner For Explosive 20x Returns in 2025

Tired of finding out about high-growth crypto projects while they are at the top? You might have seen others make huge gains on seemingly

by: Fortune

Just one woman has ever founded and led a Fortune 500 company. Here's her story

Only one female founder-CEO in the 70-year history of the Fortune 500 has ever started and led a company that makes the list. Meanwhile, 24 male founder-CEOs run Fortune 500 giants from Mark Zuckerberg at Meta to Jensen Huang at Nvidia.

by: MassLive

Healey-Driscoll Administration announces $6.7 million to support Small Business Services statewide

Administered by MassDevelopment, the Small Technical Assistance Program was created in 2006 by the former Mass Growth Capital Corporation to empower small business support organizations. such as community development corporations and community development financial institutions,

by: PBS

NJ Spotlight News | Business Report: Strong jobs report | Season 2023

The U.S. economy added 311,000 new jobs in February

by: abc13

How Texans can prepare their homes and finances as experts warn of above-normal hurricane season

Here are some things property owners can do to protect their homes and finances before any storms begin forming in the Gulf this hurricane season.

by: TheBlast

Meghan Markle's Renewed Show Called 'A Business Risk' For Netflix

Meghan Markle's partnership with Netflix continues to face scrutiny, with a British media personality expressing disappointment.

by: Forbes

How Stablecoins Are Changing Global Finance

Stablecoins are reshaping global finance from emerging markets to U.S. Treasuries. USDT and USDC gain traction in payments and DeFi amid pending regulatory shifts.

by: WKYT

WKYT Investigates: Auditor may review finances for FCPS

The state auditor may soon look into Fayette County Public Schools.

by: Fortune

Two months after CoreWeave's IPO fizzled, the AI company has surged 250% and left doubters baffled

Is this the 2025 version of the GameStop?

by: PBS

NJ Spotlight News | Business Report: Inflation slows, gas prices fall | Season 2022

Inflation rate is at its lowest level in a year

by: CNN

Timeline of Elon Musk and Donald Trump's feud | CNN Business

An intense public feud erupted on Thursday between President Donald Trump and his one-time ally, billionaire Elon Musk, with an argument about Trump's massive tax and domestic policy bill raging across social media and in the Oval Office.

by: Forbes

Why Small Business Owners Should Hire A Consultant

Here's why having an entrepreneurial consultant for your small business isn't a luxury but a smart investment, and what to look for when choosing one.

by: Forbes

Small Business Toolkit: Advice On Taxes, Business Structure, Funding And More

Forbes offers timely tips for those starting or running a small business today. While tariffs and tax and SBA changes create new challenges, some basics remain the same.

by: CNN

How has Fox News, Trump's biggest media ally, handled the Elon Musk feud? | CNN Business

The pair's most powerful media allies at Fox News the most-watched cable news network on the planet, often viewed as a clearinghouse for the MAGA agenda seemed to have a little difficulty with the breakup.

by: Fortune

Walmart's elite army of 6,200 cake decorators are some of America's highest-paid hourly workers

For Walmart, the cake decorating business delivers higher profit margins than some other areas.

by: CNN

Car prices hold steady in May despite tariffs | CNN Business

Even with new tariffs on imported cars and car parts, American car buyers paid slightly less in May for new vehicles.

by: Fortune

GenAI could be the 'corporate archaeologist' that your company needs

How to turn institutional memory into competitive advantage.

by: CNN

The entirely predictable Trump-Musk divorce threatens Musk's business empire | CNN Business

Elon Musk's decision to go all-in on Donald Trump never made much sense. His scorched-earth approach to breaking up with Trump is even harder to square.

Hooters abruptly closes dozens of restaurants | CNN Business

Hooters has abruptly closed dozens of locations just a few months after the chicken wing chain filed for bankruptcy and proclaimed it wasn't "going anywhere."
Hooters, the popular American restaurant chain known for its chicken wings and scantily-clad servers, has abruptly closed dozens of underperforming locations across the United States, with the company filing for Chapter 11 bankruptcy protection on June 5, 2025. The closures, which affected nearly 100 Hooters outlets, were attributed to a combination of factors including rising operational costs, declining foot traffic, and increased competition from other fast-casual dining options. The bankruptcy filing aims to restructure the company's debt and allow Hooters to continue operating its remaining profitable locations while seeking potential buyers or investors to help revive the brand.

Read the Full CNN Article at:
https://www.cnn.com/2025/06/05/food/hooters-sudden-closures-bankruptcy

CNN

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