May 5, 2025
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Crypto Resilience

OKX reenters US market following $505M DOJ settlement

Seychelles-based cryptocurrency exchange OKX announced that it is reentering the US market. According to an April 16 blog post, OKX will return to the United States market along with the appointment of former Barclays director Roshan Robert as its US CEO. Robert said in the post: “Today, I’m thrilled to announce the launch of OKX’s

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Crypto Resilience

Sony’s Soneium taps EigenLayer to cut finality to under 10 seconds

Update April 16, 10:50 am UTC: This article has been updated to clarify the relationship between Astar and Soneium. Astar, a Japanese Web3 adoption collective bridging Astar Network and Soneium, said it has slashed Soneium’s blockchain finality time by over 98%, as it aims to solve one of the biggest challenges in blockchain scalability. Astar

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Business Resilience

American Airlines to Offer Free Inflight Wi-Fi Starting January 2026

The change will make American Airlines the domestic carrier with the most planes offering free inflight connectivity. American Airlines announced on April 15 that it will provide complimentary inflight Wi-Fi to passengers beginning in January 2026. The service will be available exclusively to members of the airline’s AAdvantage loyalty program and is sponsored by AT&T,

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Business Resilience

Trump Opens National Security Probe Into Critical Mineral Imports

Commerce Secretary Howard Lutnick will have 90 days to conduct the analysis and submit a report. President Donald Trump signed an executive order on April 15, tasking the Secretary of Commerce to investigate the national security effects of the United States importing processed critical minerals and the products made from them. “The United States manufacturing

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Business Resilience

How Major US Stock Indexes Fared April 15

U.S. stocks drifted to a mixed close in a rare quiet day for financial markets worldwide. The S&P 500 slipped 0.2 percent Tuesday. The Dow Jones Industrial Average fell 0.4 percent, and the Nasdaq composite slipped less than 0.1 percent. The modest moves were a respite for Wall Street following weeks of huge swings caused

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Business Resilience

7 Countries Oppose US National Security Review on Copper Imports

Top copper suppliers say that their exports do not threaten U.S. national security, as the Trump administration considers tariffs. Seven U.S. trade partners have formally opposed a federal investigation examining whether copper imports threaten national security. Chile, Canada, Peru, Indonesia, South Korea, China, and the European Union submitted written comments to the Commerce Department ahead

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Business Resilience

Starbucks Implements New Dress Code, Receives Push Back from Union

Starbucks announced a new dress code policy for its North American employees that will take effect next month, a move that has drawn criticism from the company’s union while coming amid other operational changes at the coffee giant. According to an April 14 statement, Starbucks will implement a more restrictive dress code starting on May

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Business Resilience

‘Ball Is in China’s Court’ for Trade Talks: White House

‘China needs to make a deal with us. We don’t have to make a deal with them,’ the White House said. The next move in the U.S.–China trade war is up to Beijing, the White House says. White House press secretary Karoline Leavitt, speaking to reporters during an April 15 briefing, said President Donald Trump

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Business Resilience

Bank of America Shares Rise on Stronger-Than-Expected Results

Traders and retail customers drove the bank’s revenues and earnings higher in the first quarter, highlighting continued strength in consumer spending. News Analysis Bank of America joined JPMorgan Chase & Co. and Goldman Sachs to report another great quarter. Revenues and earnings were led higher by robust trading and retail consumer banking income, helped by

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Business Resilience

Judge Scraps Biden-Era Rule Limiting Credit Card Penalty Fees

The legal fight over credit card late fees ended with a major victory for business groups challenging Consumer Financial Protection Bureau regulations. A federal judge in Texas has vacated a Consumer Financial Protection Bureau (CFPB) rule that would have capped most credit card late fees at $8, one day after banking and business groups reached

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