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JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...

3dBusiness InsiderPoliticsImpact

Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

Jan 15Business InsidereconomicsImpact

Verizon’s prepaid services add a 365-day wait to unlock phones

It's been just one week since Verizon got permission to lift its 60-day phone unlocking period, and the carrier is already making changes to its policy. Now, Verizon says customers who activate a phon...

3dThe VergeTechnologyImpact

From potential Treasury Secretary to a $5 billion lawsuit: Trump and Jamie Dimon's on-again, off-again relationship

A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...

1dBusiness InsiderPoliticsImpact

Poland has more gold than the European Central Bank and has no intention of slowing down

The National Bank of Poland has increased its bullion reserves to around 550 tonnes, valued at more than €63 billion....

4dEuronewseconomicsImpact

Ubisoft Layoffs Continue With 55 Staff at The Division Studio Massive and Ubisoft Stockholm Now Impacted

Ubisoft has today announced that it expects 55 jobs to impacted as part of further cost-cutting, now at The Division studio Massive and fellow Swedish outfit Ubisoft Stockholm. The likely job losses f...

Jan 13IGNeconomicsImpact

An OpenAI researcher turned venture capitalist says investors are 3 to 5 years behind the latest AI studies

Exuberance for AI has led to fears of a bubble forming in the stock market in recent years. iStock; Rebecca Zisser/BI Jenny Xiao of Leonis Capital says there's a lag between AI research and investment...

Jan 16Business InsiderTechnologyImpact

LinkedIn cofounder Reid Hoffman says companies are approaching AI the wrong way

LinkedIn cofounder Reid Hoffman Dominik Bindl/Getty Images LinkedIn cofounder Reid Hoffman says most companies are thinking about AI adoption the wrong way. Instead of focusing on pilot projects, he s...

2dBusiness InsiderTechnologyImpact

Circle CEO says USDC is a neutral layer, not a rival to Visa or Mastercard

At Davos, Jeremy Allaire said Circle's stablecoin functions as shared infrastructure rather than a competitor to banks or card networks....

2dCoinTelegraphcryptocurrencyImpact

Vietnam opens licensing window for digital asset trading platforms

The licensing move operationalizes Vietnam’s crypto pilot, though regulators have yet to confirm receiving or approving any exchange applications....

2dCoinTelegraphcryptocurrency

David Sacks calls California wealth tax 'an asset seizure,' says it's 'not a one-time, it's a first time'

AI czar David Sacks Alex Brandon/AP White House AI czar David Sacks criticized the possibility of a California wealth tax. If the tax is ultimately approved, he said it will be "the beginning of s...

3dBusiness InsiderPoliticsImpact

You can bet on how much snow will fall in New York City this weekend

Traders are betting that New York will see 10 inches of snowfall or more this weekend. JEWEL SAMAD/AFP via Getty Images Stormwatchers are betting on how much snow New York will get this weekend. Winte...

6hBusiness InsidereconomicsImpact

Trump, Zelenskyy, Carney dominate Davos 2026: As it happened

The World Economic Forum has come to an end after a tense but ultimately anti-climactic week at Davos, with the US, Ukrainian and Canadian leaders attracting the most attention. Read DW's wrap of the ...

1dDeutsche WellePoliticsImpact

Massive Coinbase News! Bitcoin Rips to $96,750! Football.Fun TGE Interview with Founder!

Crypto majors are very green with Bitcoin making a new another 2-month high; BTC +2% at $96,7500; ETH +2% at $3,360, SOL even at $145; XRP -1% to $2.11. DCR (+30%), DASH (+10%), ICP (+10%) and ZEC (+7...

Jan 15Decryptcryptocurrency

Embrace the Fomo, wear sensible shoes and never take a cab: FT writers share their Davos tips

Attendees say navigating the elite networking event is not without obstacles...

Jan 18Financial TimeseconomicsImpact

Coca-Cola's CEO said the company is eyeing a big healthy food trend — and it's not protein

CEO James Quincey said fiber might be the next thing for its drinks. Denis Thaust/SOPA Images/LightRocket via Getty Images Coca-Cola CEO James Quincey said customers might see fiber creep into the com...

4dBusiness Insiderlifestyle

Delta is buying Boeing 787s for the first time. Here's why United and American may feel the pressure.

Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...

Jan 13Business InsidereconomicsImpact

The world's 10 richest people in 2016 had a combined net worth of under $600 billion — less than Elon Musk is worth today

Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...

Jan 16Business InsidereconomicsImpact

Democrats push FTC to investigate Trump Mobile

Elizabeth Warren and other Democrat lawmakers have written an open letter to the Federal Trade Commission (FTC) asking for an investigation into alleged "false advertising and deceptive practices" fro...

Jan 15The VergePoliticsImpact

What we know about who's buying TikTok's US business

Oracle's CTO Larry Ellison, TikTok's CEO Shou Chew, and Michael Dell. Andrew Harnik/Getty Images; Anna Moneymaker/Getty Images; Andrew Caballero-Reynolds/AFP via Getty Images TikTok's owner has closed...

1dBusiness InsiderPoliticsImpact
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