News

Know all the recent happening in the business world, which companies have soared or gone down. Keep track of the business world in the News Section of Mr. Business Magazine.

Robinhood’s Bold Move: Acquiring BitStamp Amid Regulatory Scrutiny
Robinhood, the popular financial services company, has announced its bold move to acquire BitStamp, a major crypto exchange, for a whopping $200 million in cash Regulatory Scrutiny . This strategic acquisition aims to bolster Robinhood's presence in the global crypto market, particularly in Europe, where BitStamp has garnered significant traction s…
Former Autonomy Chief Mike Lynch Acquitted in US Fraud Trial
After enduring a 12-year legal odyssey, Mike Lynch, the former chief executive of Autonomy, celebrated a significant victory as he was acquitted of criminal charges of US Fraud Trial by a San Francisco jury. Lynch, once hailed as one of the UK's foremost tech entrepreneurs, had been embroiled in allegations of inflating revenues at the UK softwar…
Retail Giant TJX Introduces Body Cameras to Combat Shoplifting
TJX, the parent company overseeing popular Retail Giant TJX Introduces Body Cameras to Combat Shopliftingbrands like T.J. Maxx, HomeGoods, and Marshalls, is taking a bold step to tackle the rising issue of shoplifting. In an announcement made recently, the company revealed plans to introduce body cameras worn by its employees as part of its anti-th…
Global Central Banks Navigate Interest Rate Cuts Amidst Inflation Concerns
After years of pushing borrowing costs higher to tackle soaring prices, Global central banks globally are now adjusting their strategies. The European Central Bank (ECB) recently made headlines by announcing its first interest rate cut in five years, reducing its main lending rate from a peak of 4% to 3.75%. This move follows similar actions taken…
Ledger Begins Shipping High-End Hardware Crypto Wallet
Ledger Stax's, the renowned French startup, has officially begun shipping its highly anticipated high-end hardware crypto wallet, the Ledger Stax. Announced nearly 18 months ago, this new wallet features advanced technology and a sophisticated design that sets it apart from its predecessors. Collaborating with Tony Fadell, one of the masterminds be…
BRICS Currency Launch Imminent: A Financial Game Changer?
Earlier this month, both Russia and Iran confirmed their collaboration on the BRICS currency project. This confirmation substantiates consistent rumors about such an endeavor that first began prior to the 2023 Annual Summit. With the currency's arrival likely slated for this year, global finance may be on the brink of monumental changes. Over recen…
Plane Engine Catches Fire at Chicago O’Hare Airport, FAA Says
Monday afternoon at Chicago O'Hare Airport, an unexpected emergency unfolded aboard United Flight 2091, an Airbus 320 bound for Seattle. Cell phone footage captured by a passenger inside the plane showed smoke billowing from near the wing. United Airlines reported that the aircraft, which had begun taxiing towards the runway, was forced to halt bef…
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