Denmark is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation. Denmark, a nation where cash transactions have become increasingly rare, is poised to withdraw its largest denomination, the 1,000 crown banknote, from circulation by May 2025.
Sectors
Alaska Airlines Agrees to Buy Struggling Hawaiian Airlines for $1.9 Billion
Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.9 billion. Alaska Airlines has announced its plan to acquire rival Hawaiian Airlines for $1.
Silver Koi's Co-Founders, Claire Chen and E. Choi, Rapidly and Abundantly Transforming NFTs
When we think of entrepreneurs, we think of visionaries. We think of risk-takers who can handle a great deal of pressure. They are smart, resilient individuals who will push the envelope. Those descriptions definitely fit Silver Koi co-founders Claire Chen and E. Choi. They exude all those characteristics and are using them to conquer the challenges of the NFT world.
Despite AI Hype, New Data Shows Only Few US Companies Are Actually Using It
An NBC News analysis found that despite the AI hype, only a few companies are actually using it. The hype surrounding artificial intelligence (AI) is reaching a crescendo among major US companies, with almost half of the S&P 500 firms featuring AI prominently in their earnings calls since May.
Federal Reserve Chair Jerome Powell Downplays Rate Cut Talk, Says More Rate Hikes Still Possible
Federal Reserve Chairman Jerome Powell has dismissed market speculations for aggressive interest rate cuts ahead.
Latest News
Germany is reportedly grappling with an economic slowdown that is now impacting its labor market. Germany, Europe's largest economy, is reportedly grappling with an economic slowdown that is now impacting its labor market.
Military spending within the European Union (EU) reached a historic high of €240 billion ($261.8 billion) in 2022, marking a 6% increase from the previous year.
Amid signs of an economic slowdown, ING Economics predicts that the US Federal Reserve will cut interest rates six times in 2024.
Activist investor Nelson Peltz and his firm Trian Fund Management have reportedly launched a proxy fight with Disney as they aim to secure more than two seats on the board.
JPMorgan Chase CEO Jamie Dimon said Wednesday that the bank would leave China if directed by the US government.
When we think of entrepreneurs, we think of visionaries. We think of risk-takers who can handle a great deal of pressure. They are smart, resilient individuals who will push the envelope. Those descriptions definitely fit Silver Koi co-founders Claire Chen and E. Choi. They exude all those characteristics and are using them to conquer the challenges of the NFT world.
General Motors (GM) has unveiled a $10 billion accelerated share repurchase program and reinstated its 2023 earnings guidance.
SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny. SoFi Invest is exiting the cryptocurrency world amid increased regulatory scrutiny.
Spirit Airlines is offering early departure packages to salaried employees. Amid ongoing financial challenges, Spirit Airlines is offering voluntary exit packages to salaried employees to salaried employees, marking the latest cost-cutting strategy by the budget carrier.
