Business US
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Ripple Secures Federal Approval to Establish National Trust Bank
SAN FRANCISCO–(BUSINESS WIRE)–The Office of the Comptroller of the Currency (OCC) today announced that Ripple, the leader in enterprise blockchain…
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The Fed just ‘Trump-proofed’ itself with a unanimous move to preempt a potential leadership shakeup
The Federal Reserve’s early reappointment of its regional bank presidents took markets by surprise and eased concerns the central bank…
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Surprising problem is frustrating customers, costing restaurants millions, experts say
The restaurant industry has a penny problem. That’s the word from the National Restaurant Association, which sent out a notice…
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Do Kwon Gets 15 Years for $40 Billion Crypto Collapse
Do Kwon, who was behind two digital currencies that eventually collapsed in a $40 billion debacle, was sentenced to 15…
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Austin greenlights $5.5M deal to bring 2,000 Southwest Airlines jobs
A Southwest Airlines flight from Houston lands at Austin-Bergstrom International Airport, Dec. 11, 2025. The City of Austin signed a…
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Decreasing tariff revenue threatens Trump’s goal of using income to slash $38 trillion national debt
Tariff revenue fell month-over-month for the first time since President Donald Trump imposed his vast import taxes in April, fresh…
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Oracle denies Bloomberg report that it’s delaying some data centers for OpenAI to 2028 from 2027
Getting a multi-hundred-billion-dollar backlog for cloud computing revenues from data center projects is easy. Building them is hard. Oracle extended…
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Oracle Delays Some Data Center Projects for OpenAI to 2028
Oracle Corp. has pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence…
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Tariff revenue falls for the first time since Trump rollout
For the first time since President Donald Trump rolled out his sweeping global tariff program in April, month-over-month customs receipts…
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Europe Gives Up On Its 2035 Internal Combustion Engine Ban
Vlad Ispas/Shutterstock Good morning! It’s Friday, December 12, 2025, and this is The Morning Shift, your daily roundup of the…
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