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BUSINESS1d agoUS fines Bank of America $1.2bn for money laundering, sanctions violationsThe second-largest US bank faces record penalties for failing to comply with money laundering and sanctions laws.Al Jazeera [en]
BUSINESS1d agoLocal fire departments blame private equity for rising equipment costsSome departments are engaged in a class action lawsuit against apparatus manufacturers.CBS News
BUSINESS1d agoGuyana weighs scaling back LNG plans as Exxon says more gas needed for its wells - ReutersGuyana is considering reducing its Liquefied Natural Gas (LNG) plans, as Exxon indicates a greater need for gas for its wells. This highlights a potential shift in energy development strategy.Seeking Alpha Tech
BUSINESS1d agoIt's official | Workers in Texas, Florida, Nevada, Washington, Tennessee, Alaska, Wyoming, and South Dakota do not have to pay this tip taxThe deduction covers more than 70 occupations and has an annual income limit. Tips must be voluntary and given in cash, checks, or credit or debit card.Clarín
BUSINESS1d agoWhy did Hong Kong’s 11 Skies fail and can the megaproject be rescued?The roar of plane engines and the hustle and bustle at Hong Kong International Airport’s Terminal 2 present a stark contrast to the pin-drop silence at the adjacent 11 Skies commercial complex. A South China Morning Post reporter who travelled between the two places in early October found minimal footfall at the shopping centre, with the bright and airy environment of the airport terminal replaced by dim, stuffy and boarded-up corridors, and poor air conditioning amid the simmering outdoor...South China Morning Post
BUSINESS1d agoFBI arrests OpenAI employee accused of placing recording device in company conference room - AP NewsFBI arrests OpenAI employee accused of placing recording device in company conference room AP NewsAP News
BUSINESS1d agoSingapore third-quarter GDP growth softens from four-year high but beats estimatesThe GDP print beat expectations of a 5% growth from economists polled by Reuters.CNBC
BUSINESS1d agoSan Luis Potosí auto cluster sees potential for Chinese manufacturing investmentBYD is among the Chinese automakers that have expressed interest in opening a plant in Mexico. But neither BYD nor any other Chinese automaker has opened a plant in the country to date. The post San Luis Potosí auto cluster sees potential for Chinese manufacturing investment appeared first on Mexico News DailyMexico News Daily
BUSINESS1d agoSaudi employee arrested for allegedly bugging OpenAI officeA Saudi employee of OpenAI was arrested after allegedly planting a recording device in one of the company's San Francisco offices, the AI firm and federal prosecutors said…Japan Today
BUSINESS1d agoIt was foreseen: Congress and government agree to pay less debt in 2027Baja en 6 billones y estaba previsto en los planes del gobierno como estrategia de negociación. The post Estaba cantado: Congreso y gobierno acuerdan pagar menos deuda en 2027 appeared first on La Silla Vacía.La Silla Vacía
BUSINESS1d agoU.S. diesel futures jump while crude oil closes mixedUS diesel futures experienced a jump, while crude oil prices ended with mixed results. This reflects differing market dynamics within the energy sector.Seeking Alpha Tech
BUSINESS1d agoUS fines Bank of America US$1.2 billion, says it violated money laundering, sanctions lawsThe US Treasury Department said on Tuesday that it was imposing US$1.2 billion in fines on Bank of America for allegedly violating anti-money-laundering and sanctions laws. The fines on America’s second-biggest bank amount to the third-largest in the department’s history. “When a bank of this size fails to meet its anti-money-laundering and sanctions obligations, the consequences extend far beyond its own walls, exposing the entire US financial system to significant illicit finance risks,”...South China Morning Post
BUSINESS1d agoOpenAI engineer charged after listening device found in meeting roomUS authorities say a Saudi national was arrested and charged after allegedly planting a concealed surveillance device.Al Jazeera [en]
BUSINESS1d agoTelevisa announces agreement to buy AT&T Mexico's mobile telephonyTelevisa and Fintech Holdings are buying AT&T's mobile business in Mexico for $2 billion, forming an equal consortium. The operation, subject to regulatory approval, includes mixed financing and is expected to conclude in 2027; AT&T is the second largest mobile operator in the country.Clarín
BUSINESS1d agoMidea launches N100,000 purchase-based promo, offers car as grand prizeBy Efe OnodjaeMidea, a home appliance manufacturer, has introduced a nationwide consumer promotion offering a Chery Tiggo 2 Pro as the grand prize, alongside household appliances and other gifts, to customers who meet its purchase requirements.The , tagged WIN 9JA WIN, began on October 10 and will run until December 31, 2026, according to the […] The post Midea launches N100,000 purchase-based promo, offers car as grand prize appeared first on Vanguard News.Vanguard Nigeria
BUSINESS1d agoGoldman says investors are looking for 'profitable' Chinese business growth overseasSluggish consumer demand in China has pushed many companies, such as electric car brands, to accelerate plans for entering other countries.CNBC
BUSINESS1d agoViva-Volaris airlines merger likely to proceed, Reuters reportsBoth are low-cost airlines, and regulators are looking to make sure they stay that way once they join forces to control under one company 73% of domestic air travel. The post Viva-Volaris airlines merger likely to proceed, Reuters reports appeared first on Mexico News DailyMexico News Daily
BUSINESS1d agoRetirees: due to the frozen bonus, the November pension increase varies between 1.57% and 1.93%• La falta de actualización del refuerzo de 70.000 pesos impacta a tres millones de jubilados del sistema nacional y a un millón y medio de pensionados. • Con el nuevo incremento, el haber mínimo total ascenderá a 514.158 pesos, mientras que el haber máximo llegará a 2.988.766 pesos.Clarín
BUSINESS1d agoNew Washington Post podcast tackles personal finance for "real people"Personal finances are tricky, so the Washington Post launched a new podcast on Tuesday to help everyday people with just that. Michelle Singletary, host of "Dollars & Sense," joins "The Takeout" to discuss her approach to the show.CBS News
BUSINESS1d agoTexas sits on a lithium gold mine, but doubts arise about how the state will regulate mining and productionA huge lithium deposit crosses several southern US states. Various companies plan to extract it as a residue from oil and gas deposits.Clarín
BUSINESS1d agoPickleball franchisor files for bankruptcy as CEO admits ‘that’s on us’ for business mistakeAll clubs and franchise locations remain fully operational while the parent company restructures its debts in bankruptcy courtThe Independent World
BUSINESS1d agoWells Fargo outlines $50B ± 2026 net interest income and ~$13B Q4 net interest income while planning stablecoins in H1 2027Wells Fargo has provided projections for its net interest income for 2026 and the fourth quarter, while also announcing plans for stablecoins in the first half of 2027. This details the bank's financial outlook and technological advancements.Seeking Alpha Tech
BUSINESS1d agoEnovix surges on 100K-unit drone battery orderEnovix's stock has surged following a significant order for 100,000 drone battery units. This substantial order indicates strong demand for their product and positive market reaction for the company.Seeking Alpha Tech
BUSINESS1d ago4 Mexican bars are among this year’s World’s 50 BestAnd make no mistake about it, these are truly Mexican establishments, not European imitators, with Mexican management, Mexican and pre-Columbian themes and an emphasis (though of course not exclusive) on Mexican spirits. The post 4 Mexican bars are among this year’s World’s 50 Best appeared first on Mexico News DailyMexico News Daily