Author: Daniel snow
Optimism in the global business travel sector has dropped by more than half this year, according to a report published by the Global Business Travel Association.Positive sentiment fell from 67% in November 2024 to 31% in April 2025, according to the report which surveyed more than 900 business travel professionals on the affect of tariffs, tightened border policies and other U.S. government policies announced this year.More than one in four respondents in Canada, the United States and Europe said they felt “pessimistic” or “very pessimistic” about industry outlook this year.However, 40% of those surveyed said they felt neither positive nor…
Jakub Porzycki | Nurphoto | Getty ImagesThe SEC has formally dropped its lawsuit against Binance and founder Changpeng Zhao, bringing an end to one of the last remaining crypto enforcement actions brought by the agency.In a Thursday filing in the U.S. District Court for the District of Columbia, lawyers for the SEC and Binance jointly moved to dismiss the case, which was first brought in June 2023. The case had accused the crypto exchange of illegally serving U.S. users, inflating trading volumes, and commingling customer funds.This is breaking news. Check back for updates. Source link
Dell’s stock is rising after the company announced a $14 billion-plus AI backlog and said it expects to ship $7 billion worth of AI servers this quarter. Source link
What South Korea’s aesthetic tech boom reveals about sustainable scale Source link
Shares of Ulta Beauty rallied after hours on Thursday as the cosmetics retailer grew slightly more upbeat on the year ahead — while still warning its outlook reflected “uncertainty around how consumer demand could evolve” amid concerns over tariffs and inflation. Source link
Trumpism can be seen as a giant attempt to amputate the highest aspirations of the human spirit and to reduce us to our most primitive, atavistic tendencies. Source link
Voters want to curb the deficit and extend Trump’s tax cuts. They can’t have both. Source link
Investors will be looking for more information about the company’s Amazon relationship, which has been a hot topic on Wall Street as Marvell’s stock has struggled this year. Source link
The sign on the side of a Costco is seen in Hawthorne, California, on April 4, 2025.Jay L Clendenin | Getty ImagesCostco on Thursday posted quarterly earnings and revenue that topped estimates as its sales climbed 8%.Here’s how the warehouse club retailer did in its fiscal third quarter compared what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $4.28 vs. $4.24 expectedRevenue: $63.21 billion vs. $63.19 billion expectedCostco’s net income for the three-month period that ended May 11 rose to $1.90 billion, or $4.28 per share, compared to $1.68 billion, or $3.78 a year earlier. Revenue rose from…
The Commerce Department offered a slight upgrade on how much GDP fell in the first three months of 2025. Source link