China’s stimulus plans are choking the profitability of its megabanks, analysts say

A man with a mobile phone walks past a Bank of China Ltd. branch. in Guangzhou, Guangdong Province, China, on Thursday, March 27, 2014. Brent Lewin | Bloomberg | Getty Images China’s biggest state-owned banks are likely to see their record low profit margins fall further as Beijing’s broader stimulus package comes into play, analysts … Read more

China warns US there are no winners in trade wars – business live | BUsINEss

Introduction: China warns US that there are no winners in trade wars Good morning and welcome to our regular coverage of business, financial markets and the world economy. Two days after the US election result, countries around the world are chewing over what impact Trump 2.0 will have on their economies – especially if the … Read more

The six stages every creator must navigate to build a media empire

Horizontal interior view without people of modern impact studio equipped with camera, microphone and … [+] lighting fixtures, pink neon light getty The creator economy, predicted by Goldman Sachs to reach $480 billion by 2027, isn’t just changing the way we consume content, it’s completely rewriting the rules of entrepreneurship. What was once dismissed as … Read more

He used his severance to launch a business in 90 days

In this ongoing series, we’re sharing tips, advice, and insights from real entrepreneurs who are out there doing business battle on a daily basis. (Responses have been edited and condensed for clarity.) Please give us your business elevator pitch.I’m Corry Banks, founder and operator of Modbap Modular, a boutique black-owned electronic music equipment manufacturer based … Read more

‘Dota 2’ adds new hero Kez with two skill sets

Kez has finally started. Credit: Valve Valve has finally released the fourth update of the Crownfall act Dota 2which includes the addition of new hero Kez. This has given us a first look at his abilities and, at what is a new move for him Dotahe has two very different skill sets depending on what … Read more

Why millions are collecting digital companions

Artificial intelligence-powered virtual pets are taking the world by storm, with apps like Pawn … [+] attracting millions of users worldwide. it Adobe Stock Remember Tamagotchis? Those little digital pets that had millions of kids frantically pressing buttons to keep their virtual friends alive in the 1990s? Well, they’ve evolved into something much more sophisticated: … Read more

Rivian Eyes Trump Impact on Supply Chain, Customer Tax Breaks

Donald Trump’s tariff proposals and their push back on electric vehicles could have a significant impact on automakers. Rivian CEO RJ Scaringe said during an earnings call that the company is bracing for charges. The fate of the $7,500 EV tax credit issued under the Biden Administration remains unclear. Thanks for signing up! Access your … Read more

Flooding splits WNC business in half, leaving owners with nothing

The recovery continues for a 27-year-old Chimney Rock business that was devastated by Hurricane Helene. Shari Cummings, one of the business owners, says she was in the building and recorded the last moments before she washed away. Nut and said the raging flood waters took away decades of memories.” Outside our house, then, nothing is … Read more

AMD Surpasses Intel in Datacenter Sales

UNITED STATES – AUGUST 13: The Intel 486 microprocessor (left) was introduced in 1989 and marked a … [+] significant improvement in the computers processing capacity over that of the earlier Intel 386 (introduced in 1985). Additionally, the 486 processor was the first to offer a built-in “math coprocessor.” This increased computing speed because complex … Read more