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Business

2057 posts
  • Business

Bearish Bitcoin Trader Loses $92M as Surge Wipes Out $426M in Short Liquidations

  • July 14, 2025
  • Roubens Andy King
Bearish Bitcoin Trader Loses M as Surge Wipes Out 6M in Short Liquidations
More than $680 million in crypto positions were liquidated over the past 24 hours with short traders taking the bulk of the pain as a bitcoin (BTC) breakout above $121,000…
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Meet the leaders of MBB, the consulting giants advising the world’s most powerful CEOs
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  • Business

Meet the leaders of MBB, the consulting giants advising the world’s most powerful CEOs

  • July 14, 2025
  • Roubens Andy King
The leaders of McKinsey, Bain, and Boston Consulting Group.McKinsey & Company; Bain & Company; Bloomberg/Bloomberg via Getty Images Meet the leaders of McKinsey, Bain, and Boston Consulting Group. MBB firms…
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Bitcoin may still be a Hold, even at record prices: Opening Bid takeaways
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  • Business

Bitcoin may still be a Hold, even at record prices: Opening Bid takeaways

  • July 14, 2025
  • Roubens Andy King
Investors are paying attention to Trump tariffs again. Traders return from a summer weekend with one hand over their eyes as tariff fears ratchet higher. President Trump has threatened 30%…
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Trump’s 30% tariffs would ‘practically prohibit’ EU-US trade, says Šefčovič | Trump tariffs
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  • Business

Trump’s 30% tariffs would ‘practically prohibit’ EU-US trade, says Šefčovič | Trump tariffs

  • July 14, 2025
  • Roubens Andy King
Donald Trump’s threat to impose 30% tariffs on European goods would “practically prohibit” transatlantic trade, the EU’s lead negotiator with the US has said. Arriving for talks with European ministers…
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Why the S&P 500 could reach 10,000
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  • Business

Why the S&P 500 could reach 10,000

  • July 14, 2025
  • Roubens Andy King
The S&P 500 (^GSPC) has hit multiple record highs in 2025, but one Wall Street research firm argues the real ceiling is even higher. Trivariate Research, led by veteran strategist…
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Musk’s giant Tesla factory casts shadow on lives in a quiet corner of Germany | Tesla
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  • Business

Musk’s giant Tesla factory casts shadow on lives in a quiet corner of Germany | Tesla

  • July 14, 2025
  • Roubens Andy King
When Elon Musk advised Germans to vote for the far-right Alternative für Deutschland (AfD) in elections last year, Manu Hoyer – who lives in the small town where the billionaire…
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Nike lines up new Converse CEO amid lacklustre performance
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  • Business

Nike lines up new Converse CEO amid lacklustre performance

  • July 14, 2025
  • Roubens Andy King
An internal memo obtained by Reuters claims the change in management at Converse comes as Nike continues to restructure its operations. Nike is said to be focusing on different sports…
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US farm workers on Ice raids in the fields: ‘hunted like animals’ | US immigration
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US farm workers on Ice raids in the fields: ‘hunted like animals’ | US immigration

  • July 14, 2025
  • Roubens Andy King
Undocumented farm workers feel they’re being “hunted like animals”, they told the Guardian, as Donald Trump’s administration ramps up its crackdown on immigration. Raids by Immigration and Customs Enforcement (Ice)…
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Analysis-US bank M&A hopes revive under Trump regulators
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  • Business

Analysis-US bank M&A hopes revive under Trump regulators

  • July 14, 2025
  • Roubens Andy King
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Takeover speculation in Northern Trust has revived industry hopes of deals among large U.S. and regional banks, propelling exploratory conversations…
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Meriwest Credit Union partners with Insuritas
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  • Business

Meriwest Credit Union partners with Insuritas

  • July 14, 2025
  • Roubens Andy King
US-based Meriwest Credit Union has partnered with Insuritas to launch a new full-service insurance agency in the fourth quarter of 2025. The agency, Meriwest Insurance Services, will be powered by…
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