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Business News

Location American Business News for 27 February 2026
Block plans to lay off nearly half its staff in deliberate and bold embrace of AI Blocks stock surges 20% as Wall Street rewards massive job cuts at the parent company of Square and the Cash App.
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Defense Secretary Pete Hegseth previously threatened to remove the firm from the department's supply chain.
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Fed Signals Pro-Innovation Shift to Support Digital Asset Banking The Federal Reserve outlined plans to clarify digital asset rules and explore a capital framework for stablecoin issuers, as Vice Chair Michelle W. Bowman described recent and proposed supervisory changes in testimony be...
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EPA found only 27 of 219 plants needed upgrades; 71 later got exemptions as Donald Trump scrapped mercury limitsAlmost all coal-fired power plants in the US had the ability to comply with rules limiting their emission of...
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Bitcoin falls with ether, solana while decred, AI-linked tokens advance Positioning in futures and options shows traders looking to protect against further declines.
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Block's Jack Dorsey wants nimble and quick. He thinks AI will do the trick. Block CEO Jack Dorsey said he's cutting nearly half his staff following a significant uptick in AI capabilities.
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Dell hits record annual revenue as it cashes in on the AI data center boom, and predicts more gains ahead Dell said it has had "a defining year" and projected that server sales would grow 103% in its 2027 financial year.
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XRP Sees 212% Purchase Spike as Buyers Top Sellers 2x on Bitrue XRP demand is accelerating on Bitrue as the exchange reports increased institutional participation, driving triple-digit trading growth and sustained inflows, amid ongoing ETF-related investment activity. XRP Buying Fren...
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Bitcoins 100 BTC club edges toward 20K wallets in a bullish sign Santiment highlighted that just seven more wallets are needed to reach 20,000 holding at least 100 Bitcoin each, amid ongoing market uncertainty.
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Veteran analyst revamps AMD price target following big news Veteran analyst Stephen Sarge Guilfoyle reset his AMD stock price target after a major event reshapes the AI chipmakers outlook and competitive positioning
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Duolingo is making some changes to contend with the threat of AI. Its stock is sinking. Following a slowdown in user growth, the language-learning company is stepping up investment and changing how it thinks about its tiers of service
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Instagram to Alert Parents to Teens Self-Harm Searches

The New York Times - 27 Feb 2026 23:57
Instagram to Alert Parents to Teens Self-Harm Searches Parents will receive notifications if a child has used the platform repeatedly to search for terms related to suicide or self-harm, but users must opt in to get them.
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Capital One foreshadows changes to select credit cards The Venture, Savor, and QuickSilver cards will all be affected by a big change.
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Lower-Income Airport Shoppers Are Overlooked And Undervalued: Study One of travel retails longeststanding assumptions-that lowerincome passengers are lowvalue shoppers-is being dismantled by new research.
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Air safety advocates say a GOP proposal won't mandate the collision warning system airline jets need A midair crash prompted a bill that would have mandated new anti-collision alerts. Safety advocates say a revised GOP bill doesn't do enough.
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Bankrupt national Italian restaurant chain closes more locations A popular fast-casual Italian dining chain shutters more locations.
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Defense Secretary Hegseth says military support for the Scouts hinges on ending 'woke' merit badges Defense Secretary Pete Hegseth announced the policies of a private youth organization at a moment of high tension in the Middle East.
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Private-credit cockroaches and the AI scare trade hammered stocks in February. Heres what else has investors shaken up. Stocks were caught up Friday in a whirlwind of market-moving headlines, making for a wild final trading day in a rough month for U.S. equities.
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What the Paramount-Warner Bros. Discovery deal means for the cable network CNN.
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Sherry Xue Li ripped off millions from foreign investors and funnelled some stolen money into US political campaignsA New York businesswoman was sentenced Friday to nine years in federal prison over a financial scheme th...
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9 luxury totes that make schlepping easier, according to style editors Here are the most stylish luxury totes actually worth the splurge, tested by our style editors over years of commutes, plane rides, and everyday life.
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Bill Criminalizing Crypto-Powered Foreign Currency Tax Evasion Surges in Brazil The bill, introduced by Federal Deputy Tabata Amaral, amends the current regulation and establishes the crime of cryptocurrency tax evasion, aiming to curb the rising volume of remittances and settlement alternatives usi...
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