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Business News

Location American Business News for 23 January 2026
The app was due to be banned in the US a year ago if its Chinese owner hadn't sold its business in America.
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Walmart C-suite shake-up sparks multi-million dollar pay day Incoming CEO John Furner announced changes to Walmart's leadership team. SEC filings reveal millions of dollars in compensation for Furner and his team in 2026.
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Amazon expected to cut thousands more corporate jobs soon

Business Insider - 23 Jan 2026 01:51
Amazon expected to cut thousands more corporate jobs soon Amazon plans major cuts impacting thousands of corporate employees, following a previous round of job cuts in October.
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Trump sues Dimon, JPMorgan in $5B lawsuit

The Street - 23 Jan 2026 00:10
Trump sues Dimon, JPMorgan in $5B lawsuit Lawsuit claims bank illegally debanked president, Trump business entities and family for woke reasons.
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OpenAI has a $25 billion opportunity in the ad business - but a lot to prove OpenAI has begun testing advertising in ChatGPT. Ad experts said OpenAI will need to prove a chatbot can actually sell.
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What techies really talked about at Davos

Business Insider - 23 Jan 2026 14:15
What techies really talked about at Davos Tech execs and founders dished on AI bubble fears, talent war intensity, and dealmaking density at the Swiss resort.
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Swiss banking giant UBS planning to offer crypto services to specific clients UBS will gradually introduce crypto services, starting with select private clients in Switzerland, according to Bloomberg.
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The Message Behind Trumps Lawsuit Against JPMorgan

The New York Times - 23 Jan 2026 13:16
The Message Behind Trumps Lawsuit Against JPMorgan The presidents legal efforts against the Wall Street giant and Jamie Dimon, its chief executive, have put Corporate America on edge.
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Warner Bros. Discovery investors slam Paramount 'inferior scheme' Paramount keeps pressing, but Warners investors are already signaling where they want this drama to end.
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Digital Assets Could Reach $28 Trillion in Market Value in 2030, Ark Says Global digital assets could surge into a $28 trillion market by 2030, driven by accelerating blockchain adoption, bitcoin dominance, and expanding smart contract platforms, according to projections from Ark Investment Ma...
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Ripple Expands Into Core Banking Through DXCs $5 Trillion Platform Ripple is pushing blockchain deeper into traditional finance through a partnership with DXC Technology, embedding crypto custody and payments into a core banking platform that underpins trillions in global deposits and m...
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Bitcoiners reject quantum computing fears as cause of price slump Some Bitcoiners are highly skeptical that quantum computing is to blame for Bitcoins sideways price action, while others argue its a major issue.
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Elite anti-corruption squads are deployed across British prisons to tackle a surge in illicit relationships between female guards and inmates following high-profile sex scandals.
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IndyCar Confirms Discussions With President Trump For Washington Race The Department of Transportation and President Trump are actively pursuing an IndyCar Series street race as part of the America250 Celebration, IndyCar has confirmed.
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WWE SmackDown Results - January 23, 2026: Highlights And Takeaways Roman Reigns declared for the Royal Rumble and a title changed hands on the final SmackDown before Saturday Night's Main Event.
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Prince Harry rebukes Trump's claim that NATO allies stayed off front lines, highlighting sacrifices of British and allied troops in Afghanistan and calling for respect.
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A federal grand jury in Maryland has indicted a Pentagon contractor for allegedly leaking classified information to a Washington Post reporter whose home was raided by the FBI.
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This is what caused Fridays sudden spike in the Japanese yen Friday was a quiet day in markets for the most part, but there was one big move that raised eyebrows: Late in the New York morning, the U.S. dollar suddenly cratered against the Japanese yen.
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Amazon staff cope with looming layoffs by roasting Jeff Bezos' '2-pizza rule' Amazon employees respond to expected layoffs and corporate job cuts by posting memes referencing founder Jeff Bezos' two-pizza rule.
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Victoria Beckham and David Beckham are reportedly hoping for a reconciliation with their eldest son, Brooklyn Beckham.
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IndusInd Bank bets on small loans and retail deposits for recovery IndusInd Bank is seeking a fresh start by focusing on its traditional strengths, commercial vehicle and microfinance lending, following a difficult quarter where its loan book shrank by 13%.
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A Minneapolis immigration arrest turns chaotic as ICE agents detain a two-year-old girl and her father, sparking claims of chemical irritant use and a massive fundraiser.
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