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Here’s how New York City is planning to spend $15 billion raised from a new congestion pricing toll
New York City is months away from introducing the first zone-based tolling program in the U.S. The project, which begins in the spring of 2024, will increase the tolls drivers pay to enter points of Manhattan south of 60th Street. The final price of the toll is not yet determined. People close to the process…
OMV, ADNOC close to agreeing deal for chemicals company tie up | Reuters News Agency
Business & FinanceDeals 14 December 2023, 5:30 am 1 minute Reuters exclusively reported that Abu Dhabi National Oil Co (ADNOC) is closing in on a deal with Austria’s OMV (OMVV.VI) to combine two entities in which the companies own stakes to create a chemicals giant, two people with knowledge of the talks said. In July…
Bank Earnings Season Is About to Start. Here’s What to Expect.
Big banks held up well in 2023, even though the Federal Reserve continued to raise interest rates at a fast clip. Reports on fourth-quarter bank earnings, which start this week, should show how the banks’ customers fared in the harsher rate environment.  So far, households have continued to spend and borrow, despite higher borrowing costs,…
It’s TikTok Shop’s first Christmas, and shoppers are torn between hot deals and ethics
TikTok has officially launched its e-commerce service TikTok Shop in the US. Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok’s latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low…
Navigating the Future of Work: Emerging Trends in Business for 2024
As we move further into 2024, the landscape of work is undergoing significant transformations. Driven by technological advancements, evolving employee expectations, and shifting global economic conditions, businesses must adapt to stay competitive and thrive. This blog post explores the key emerging trends in business for 2024 and offers insights on how organizations can navigate these…
Amazon unveils buy now, pay later option from Affirm for small business owners
Amazon is unveiling its first buy now, pay later checkout option for the millions of small business owners who use its online store, CNBC learned exclusively. The tech giant confirmed Thursday that its partnership with Affirm is expanding to include Amazon Business, the e-commerce platform that caters to companies. Affirm shares jumped 19% on the…
