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Business News

Location American Business News for 12 May 2026
24 Finance Giants Push Deeper Into Crypto Across Regulated Markets Major financial institutions are expanding crypto services across regulated finance, with Bitwise data showing 24 firms active in trading, custody, funds, payments, tokenization, or exchange-traded products. The activity...
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Strategys Bitcoin Sale Comment Puts Treasury Risk in Focus Strategys potential BTC sale has sharpened debate over its bitcoin treasury model after a roughly $12.5 billion quarterly net loss. The company holds 818,869 bitcoin, worth about $67 billion, as investors assess dividend...
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Cell phone data shows Trump's trade policies are hurting more than just Canadian tourism Researchers at the University of Toronto found Canadian visits to US cities fell by nearly half in the year following the start of Trump's trade war.
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The online auction giant said it doubted how the video game retailer would finance its offer.
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The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.
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Frances central banker Beau clashes with Lagarde over private digital euro plans Frances central bank deputy governor told CoinDesk public and private European entities need to get involved in digital asset development, diverging sharply from Christine Lagardes stance.
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Metas AI crisis deepens: Inside the fight against Mark Zuckerberg In a new class action lawsuit, Meta is being sued by writer Scott Turow and other publishing houses.
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The letter comes amid a high-stakes legal battle between one-time partners Sam Altman and Elon Musk, who in 2015 co-founded the AI company behind ChatGPT.
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WWE Clash In Italy: Date, Time And Card Preview And Predictions WWE Clash in Italy is set for May 31 in Turin as WWE's first-ever PLE in Italy. Here's the date, start time, broadcast partners and a preview of the advertised card.
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US Banks Prepare for Tokenization Tipping Point, Moodys Ratings Finds Major U.S. financial institutions and market intermediaries are forming a consensus that a transition toward tokenized assets and digital money is inevitable, according to a new sector in-depth report from Moodys Ratings...
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Amazon's 3-pack of sun hoodies for ultimate skin protection is on sale for just $20 The Zity Sun Hoodie 3-Pack is on sale for 74% off. Shoppers can get three protective hoodies for just $7 each that are great for any outdoor activity.
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Brandon Clarke's Contract Details Surface After Death - Inside the Grizzlies Star's $52 Million Deal Brandon Clarke, Memphis Grizzlies forward, tragically passed away at 29. His death is under investigation, with a possible drug overdose suspected. Clarke's career and financial impact remain significant.
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Teresa Jack from Connecticut plans legal action against cruise passengers refusing to self-isolate after hantavirus cases, aiming to prevent another pandemic like COVID-19.
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Prince Harry is striving to repair his relationship with King Charles III, driven by concerns over the monarch's health and the desire for his children to bond with their grandfather.
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Marty Makary resigned as FDA Commissioner amid disputes over mango-flavoured vapes, with speculation that political pressure from Trump influenced his departure.
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Is foreign-earned salary in NRE account taxable in India? Here's what rules say Non-resident Indians can transfer overseas earnings to India via NRE accounts, which are not taxable if income is foreign. NRO accounts manage Indian income but incur taxes. Details here.
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Candace Owens accuses Erika Kirk of using deepfake technology to imitate her late husband's voice, amidst allegations of misinformation and controversy surrounding Charlie Kirk's murder.
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Memphis Grizzlies forward Brandon Clarke was found dead, with police investigating a possible overdose. His recent arrest for drug possession adds complexity to the case.
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Sam Altman's court appearance shines a light on his billions in tech investments OpenAI CEO Sam Altman's investments in Helion Energy, Cerebras, and other companies were shown in trial on Tuesday.
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FBI Still Analysing 'Potentially Critical DNA' in Quantico as Nancy Guthrie Case Reaches 100 Days FBI analysts are still testing DNA from missing 84yearold Nancy Guthrie's Arizona home as the case passes 100 days, with no suspect named and daughter Savannah Guthrie offering a $1 million reward for answers.
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Starting your investment planning journey? From wealth creation to tax saving - Here are key factors to consider Investment planning is crucial for financial stability, involving assessment of current finances, risk tolerance, and future goals. Here are key factors investors need to keep in mind while forming strategy.
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Donald Trump criticises Fox News for not challenging Democrat Ro Khanna during an interview, claiming the network is losing favour with MAGA supporters.
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