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Stablecoin giant Circle targets $6.7B valuation in IPO

Business

Stablecoin giant Circle targets $6.7B valuation in IPO

(Reuters) - Circle Internet said on Tuesday it was targeting a valuation of up to $6.71 billion on a fully diluted basis in its New York initial public offering, as the stablecoin giant looks to tap into growing optimism around cryptocurrency.President Donald Trump's administration has embraced cryptocurrencies and pledged a more "rational" approach to digital asset regulations, encouraging companies from the industry to go public.New York-based Circle and some existing […]

todayMay 27, 2025 5

Transportation Dept offers air traffic controllers 20% bonus to delay retirement as staffing crisis deepens

Business

Transportation Dept offers air traffic controllers 20% bonus to delay retirement as staffing crisis deepens

Secretary of Transportation Sean Duffy said a key to alleviating the shortage of air traffic workers is offering retirees a bonus to incentivize them to stay in the workforce longer. In an interview with CBS News, Duffy said that it is going to take time to boost the air traffic controller workforce, but a key piece in doing so is keeping the more experienced controllers in the field longer."I think what […]

todayMay 26, 2025 7

Memorial Day travelers face flight delays across multiple US airports due to weather

Business

Memorial Day travelers face flight delays across multiple US airports due to weather

Certain flights headed to Colorado, Texas and California airports are experiencing delays due to unfavorable weather conditions on Memorial Day, according to the Federal Aviation Administration (FAA). As of 9 a.m. ET Monday morning, there is a Traffic Management Program in effect for planes arriving at Denver International Airport due to weather, causing some arriving flights to be delayed an average of 30 minutes, according to an update from the FAA's […]

todayMay 26, 2025 5

JPMorgan unveils its 2025 summer reading list

Business

JPMorgan unveils its 2025 summer reading list

As summer approaches and people ready themselves for vacations, getaways, barbecues and relaxing outdoors, suggested reading lists get released. Taking time away from work leaves enough time to dig into a new book. JPMorgan released its 26th annual summer reading list that features books covering a wide range of topics from life advice and memoirs to inspiration and art."Our 2025 Summer Reading List is a celebration of curiosity's boundless power," said […]

todayMay 26, 2025 7

Elon Musk, Jeff Bezos: rivals for space, trucks, satellite dominance

Business

Elon Musk, Jeff Bezos: rivals for space, trucks, satellite dominance

Elon Musk and Jeff Bezos, two of the world’s richest individuals, compete with each other in more ways than one.Musk’s SpaceX and Bezos’ Blue Origin might be their most well-known rivalry; however, it isn’t the only one the pair of billionaires have. Satellites and electric trucks are also areas of competition for them. Tesla, the electric vehicle (EV) maker that Musk has run for nearly 17 years, began selling its Cybertruck […]

todayMay 26, 2025 1

John Deere addresses farm labor shortages with autonomous tractors

Business

John Deere addresses farm labor shortages with autonomous tractors

John Deere is turning to artificial intelligence to help farmers address labor shortages and enable them to handle other tasks associated with their business."Think about every step a farmer does for corn and soybeans – whether that's tillage, planting, spraying and harvesting," Deere CFO Josh Jepsen said during an interview on "The Claman Countdown." "We will make all of those autonomous here over really probably the balance of the decade."The U.S. […]

todayMay 26, 2025 7

Patriotic clothing line honors the American flag: ‘Grounded in gratitude’

Business

Patriotic clothing line honors the American flag: ‘Grounded in gratitude’

RiserUnited, a newly founded online clothing company based out of Dallas, gives shoppers the opportunity to "wear their values" by selling patriotic apparel that honors the American flag."We believe that when you rise for the flag, and you understand what the flag represents, it gives you a sense of gratitude," Alina Rubinshteyn, vice president of sales and brand engagement at RiserUnited, told FOX Business. "It'll help unite us."AMERICAN GIANT CELEBRATES […]

todayMay 25, 2025 5

Emma Stone lists newly renovated Texas mansion for $26.5 million

Business

Emma Stone lists newly renovated Texas mansion for $26.5 million

Emma Stone is getting ready to sell her home in Austin, Texas.The actress and her husband, comedy writer Dave McCary, have put their newly renovated home on the market for $26.5 million, in partnership with listing agents Eric Moreland and Diane Humphreys of Moreland Properties/Forbes Global Properties.According to The Wall Street Journal, Stone purchased the home in the upscale neighborhood of Tarrytown in 2021, and spent over three years completely […]

todayMay 25, 2025 3

Israel backed by leading global investment fund despite ongoing war

Business

Israel backed by leading global investment fund despite ongoing war

Israel’s economy took a significant blow after the October 7 Hamas attacks, but as 2025 begins, the country is showing impressive resilience. As Israel grapples with challenges on the international trade front, highlighted by the suspension of trade talks with the U.K., the private sector remains resilient.Foreign investments, which plunged by 68% in the immediate aftermath of the assault, are now recovering, signaling renewed confidence in the market and a […]

todayMay 25, 2025 8