• Wed, June 18, 2025

by: Reuters

China's Xiaomi founder expects EV business to turn profitable in H2

China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half of the year, according to a company spokesperson. Xiaomi's loss from its smart electric vehicles, AI and other new projects amounted to 0.5 billion yuan ($69.5 million) in the quarter ended March 31, with its EV revenue reaching 18.1 billion over the same period. Xiaomi will start selling its second EV model YU7 in July.

by: WKRG

Navarre man arrested after note found in business bathroom asking for help: SRCSO

SANTA ROSA COUNTY, Fla. (WKRG) A Navarre man was arrested on May 28 after a note found in a business' bathroom said a woman was being held against her will, according to the Santa Rosa County Sheriff's Office. The SRCSO news release said they were called after someone had found a note in the [ ]

by: BBC

Shrewsbury: Disposable vape ban 'will bring in more business'

One vaping shop says the ban could increase the number of customers coming through its doors.

by: PBS

NJ Spotlight News | Business Report: PPP forgiveness, e-commerce setting records | Season 2020

Business Correspondent Rhonda Schaffler brings you today's New Jersey business news.

by: ThePrint

Jana Small Finance Bank Applies to RBI for Universal Banking License

NewsVoir Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank. Show Full Article This strategic move marks a significant milestone [ ]

by: MSNBC

Maddow Blog | On multiple fronts, Trump gives American businesses new reasons to reject his agenda

Those who thought Donald Trump and his White House team would offer a pro-business agenda are now learning how wrong they were.

by: Newsweek

ICE raids venue of Trump's former business rival

The business is owned by Boyd Gaming, which was once considered a competitor to Donald Trump during his time as a casino operator.

by: Forbes

Key Policy Steps Could Ease Social Security's Finances

Social Security faces manageable financial challenges that could become easier if policymakers took meaningful steps in the right direction.

by: WDRB

NIA Center supporters pitch new deal to save west end business hub

The West End Opportunity Partnership will consider spending $2.1 million at a special meeting Wednesday evening to help buy and tear down the building for an affordable housing development led

by: WTVM

Columbus council OKs legal fee payment for city worker cleared in finance probe

The city will pay legal fees for HR Director Reather Hollowell, following a finance probe that ended without charges.

by: WYFF

Upstate restaurant is closing its doors after over 60 years of business

A Spartanburg County, South Carolina, restaurant is closing its doors after over 60 years of business.

by: KHQ

Spokane businesses urge City Council to address homelessness

SPOKANE, Wash. - Spokane business groups are urging the city council to create reforms that would make it easier to address the presence of homeless people near their storefronts.

by: Investopedia

Best Business Owner's Policy Insurance

The Hartford offers top BOP coverage with high limits and bundling discounts according to Investopedia's comparison of 16 insurers based on cost, coverage, and complaints.

by: WBAY

Future of GBCI on Joint Finance Committee agenda Thursday

The fate of Green Bay Correctional Institution could become clearer on Thursday.

by: CNN

Live updates: Apple unveils new 'Liquid Glass' software design and more updates from the WWDC | CNN Business

Apple's developer conference has kicked off and the company is announcing big updates to the iPhone's software, Apple Intelligence and more.

by: AOL

Gap CEO says tariffs, cautious consumers are manageable for business despite profit warning

Dickson has been a constant in Gap, Banana Republic, and Old Navy stores. He has diagnosed habitual issues (clunky website, less-than-cool products, supply chain inefficiencies) that had long plagued the company's performance and stock price.

by: TechCrunch

Senate GOP bill spares nuclear and geothermal energy while hammering wind and solar

The Senate Finance Committee's language would take a sledgehammer to some parts of the renewable-friendly Inflation Reduction Act while sparing others.

by: WECT

Small Business Administration visits Wilmington businesses

Since the Trump Administration first announced sweeping tariffs, we've heard from small business owners about the impacts they could face; now the White House is trying to temper those concerns with the help of the head of the Small Business Administration.

by: Forbes

5 Things To Consider Before Selling Your Business

Can you sell a small or solo business? Yes. Learn 5 things to consider when selling your business, even if it's tiny, personal, or built around you.

by: CNN

No hire, no fire: The worst job market for grads in years | CNN Business

The Class of 2025 faces a daunting assignment: getting hired in today's no-hire, no-fire jobs market.

by: PBS

NJ Spotlight News | Business Report: More federal funds for rent relief | Season 2022

The state has received an additional $42.7 million in federal funds for rent relief.

by: ThePrint

16th Finance Commission team arrive in Ranchi on four-day visit to Jharkhand

Ranchi, May 28 (PTI) A high-level team from the 16th Finance Commission arrived here on Wednesday on a four-day visit, an official said. While most members of the 14-member delegation have reached, the remaining ones are expected to arrive by Thursday morning. The team will hold discussions with the Jharkhand government, including Chief Minister, [ ]

by: PBS

NJ Spotlight News | Business Report: Stimulus talks, tax fight, Google lawsuit | Season 2020

Business Correspondent Rhonda Schaffler brings you today's New Jersey business news.

by: CNN

How to make the most of the Fed's latest interest rate decision | CNN Business

Still no movement.

by: Forbes

Reimagining Global Business Services: Harnessing AI Agents

The next productivity wave is building momentum, so make sure your people are riding it, not watching from shore.

by: Forbes

Digital Assistants In CX: An Improvement For Businesses And Consumers

The way customers interact with businesses is set to undergo a seismic shift in the second half of the decade.

by: CNN

Want greater financial peace of mind amid the current uncertainty and chaos? Consider doing these 4 things | CNN Business

It's not even April, yet 2025 already has been a lot. Like, a lot.

by: CNN

Trump's sons say his new phone will be built in the US. Experts say it looks a lot like a phone from China | CNN Business

Experts are skeptical that a smartphone can be built in the US based on the specifications, price and timeline laid out by Donald Trump, Jr., and Eric Trump when they announced the phone.

by: CNN

Small biz owner: Don't need Trump to 'micromanage' company | CNN Business

Jared Fisher joins The Lead

by: CNN

These Americans are done with Trump. So they're leaving America | CNN Business

The Celluras had only 48 hours to decide if they should uproot their lives in Asheville, North Carolina to move to Morocco with their two youngest children.

by: CNN

Trump's tariff fallout? It's worse than we previously thought, says OECD | CNN Business

President Donald Trump's trade war will wreak greater economic damage than previously expected, both in the United States and everywhere else, according to new forecasts by the Organisation for Economic Co-operation and Development.
  • Thu, June 19, 2025

by: BBC

Shropshire businesses thriving as heatwave looms

Businesses say the hot weather is attracting more customers, with garden furniture being popular.

by: KTXL

Sacramento County Grand Jury releases startling report on Isleton Finances

(FOX40.COM) A Sacramento County Grand Jury has released new findings on the city of Isleton's "significant financial mishandlings and longstanding failure to govern effectively". The report found that councilmembers ignored their code of conduct, failed to uphold the high standards expected of elected officials, and neglected to adopt budgets or conduct audits of city [ ]

by: WJHG

Ms. Newby's celebrates 50 years of family business

This weekend marks the 50th year of business for Ms. Newby's on Thomas Drive.

by: Patch

Busy Tennis Tournament Weekend For Hartford/Tolland County Schools

A nasty rainstorm wiped out most scheduled state tournament competition Saturday, forcing many area teams to play on Sunday.

by: HousingWire

'Feelings-based recession': More Americans fearful of finances

The TransUnion survey found that 32% of consumers report being pessimistic about their household finances over the next 12 months.

by: VideoGamer

This ESSENTIAL Football Manager mod finally fixes the game's hilariously broken finances

Ever looked at Football Manager and thought, "those finances are whack"? Well, this essential new mod fixes all of those issues.

by: Fortune

New grads are flocking to finance careers. Here's how employers can win top talent

"This position of privilege for the finance industry should not be taken for granted," says Margaret Franklin, CEO of CFA Institute.

by: Impacts

Blackcat Company: A Modern Fintech Solution for Global Personal and Business Finance

The Blackcat Company, operating under the brand name Blackcatcard, is a European fintech firm founded in 2019. It is structured as an

by: Flightglobal

French seat maker Expliseat looks up-market with fresh financing raise

French aircraft seat maker Expliseat has raised 36 million ($42 million) in new financing that it intends to put toward developing new seats and toward expanding its global footprint, including in North America.

by: Cryptopolitan

Legacy media and finance gatekeepers don't like the new GENIUS Act

by: WJZY

Business Analyst: Are set working hours gone?

Are the days of truly clocking in and out of your job over?

by: CNN

Dow sinks 800 points as bond market starts to freak out over Trump's tax bill | CNN Business

Stocks, bonds and the dollar fell on Wednesday as concerns mount about the premier status of American assets.

by: BBC

Willenhall roadworks devastating local businesses

A number of roads in Willenhall are under construction, causing congestion in the Wolverhampton area.

by: Reuters

Oil, war and tariffs tear up markets' central bank roadmap

Investor unease about an increasingly uncertain environment is rising, as Norway's shock rate cut on Thursday highlights how U.S. tariffs, Middle East conflict and a shaky dollar make global monetary policy and inflation even harder to predict.

by: Forbes

Business Leadership Development In An Uncertain Economy

It's not enough for the top executive to think through risks and challenges. The people at the company who will implement contingency plans need to participate.

by: Reuters

New gold loan rules to reshape lenders' business models: S&P Global Ratings

S&P said that gold-loan specialists like Muthoot Finance and Manappuram Finance will likely face the steepest adjustments.

by: Forbes

7 Personal Finance Best Practices You Need To Start Today

Mastering personal finance is an essential life skill. This article discusses 7 crucial tips that can help you achieve financial success.

China's Xiaomi founder expects EV business to turn profitable in H2

China's Xiaomi founder and CEO Lei Jun said on Tuesday that he expected the company's auto business to turn profitable in the second half of the year, according to a company spokesperson. Xiaomi's loss from its smart electric vehicles, AI and other new projects amounted to 0.5 billion yuan ($69.5 million) in the quarter ended March 31, with its EV revenue reaching 18.1 billion over the same period. Xiaomi will start selling its second EV model YU7 in July.
Lei Jun, the founder of Chinese smartphone maker Xiaomi, announced that the company's first electric vehicle (EV), the SU7, is set to begin deliveries in late 2023, with expectations to become one of the top five global automakers within the next 15 to 20 years. Speaking at an event in Beijing, Lei highlighted Xiaomi's ambition to leverage its expertise in smartphones and smart home devices to create a connected ecosystem, positioning the SU7 as a competitor to Tesla's Model 3 and Model Y. He emphasized the company's significant investment of $10 billion over the next decade in the EV sector, underscoring Xiaomi's commitment to innovation and its goal to capture a significant share of the rapidly growing electric vehicle market.

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