India's Allied Blenders bets on premium liquor, UK trade deal to drive margin growth
By Komal Salecha Feb 20 (Reuters) - Allied Blenders and Distillers (ABD) is banking on premium spirits and the India–UK trade deal to boost margins to about 18% by fiscal year 2028, its managing director told Reuters. The liquor maker has been expanding its premium and prestige portfolio while widening distribution beyond its core markets, as India's growing base of affluent consumers splurge on
Tom Lee's $200 million moonshot bet: BMNR momentum climbs as chairman calls end of 'crypto winter'
Bitmine Immersion Technologies Inc. BMNR has reached a new elite performance tier as its Benzinga Edge momentum score surged from 88.65 to 94.23 week-on-week. Bitmine Momentum Surges Despite Negative Price Trends This percentile ranking indicates that BMNR is currently outperforming most stocks based on relative strength, price movement patterns, and volatility over multiple timeframes. The rally comes as Bitcmine Chairman Tom Lee predicts the...
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Five9 outlines $1.254B 2026 revenue target and AI acceleration with new CEO
Earnings Call Insights: Five9, Inc. (FIVN) Q4 2025 Management View Michael Burkland, outgoing Chairman, opened by noting, "We've grown Five9 from approximately $10 million in annual revenue to a $1.2 billion run rate," highlighting the company's transformation and expressing confidence in Amit Mathradas as the new CEO. Burkland stated, "Our enterpr...
Mayor seeks government backing for film studios
Metro mayor Steve Rotheram hopes the government will help fund the Littlewoods TV and film project.
This former taxi driver now earns over $2M a year running two businesses and shares how he built them — and what it takes to start one
"I literally had to focus on eating $1 per meal to make sure the business stays open.”
Ukraine banks expand lending 17% in 2025 as credit boom reshapes sector
Active lending became a stable driver of growth in the banking sector’s net assets, which rose by 11% in the fourth quarter and by 17.2% over 2025, the central bank said. The volume of net hryvnia loans to businesses expanded steadily throughout the year. Small and medium-sized enterprises accounted for the largest share of the hryvnia corporate po...
100-year-old Genova deli chain closes all but one location
The iconic fast-food sandwich chain has one remaining location after closing several units.
Tech launches rattle financial and property stocks
A wave of new technology launches has shaken investor confidence across insurance, property, and wealth...
Small business owner celebrates SCOTUS decision, says tariffs have cost him 'tens of thousands'
Business owners across the country are scrambling to figure out how they will be impacted by the Supreme Court's tariff decision. Gowanus Kitchen Lab Founder and CEO Yair Reiner joins Laura Barrón-López to share how President Trump's tariffs impacted his business.
NASA boss says Boeing Starliner failure one of worst in its history
The agency released a critical report that puts the Starliner incident at same mistake level assigned to the fatal Columbia and Challenger shuttle disasters.
Wisconsin entrepreneur who spends $20K a month mulls getting a credit card. Dave Ramsey says points are a scam and reveals secret sauce for profit
The best rewards program for small-business owners? Profits.
ECB exposes 21 quarters of risk misreporting at JP Morgan, issues €12 million fine
JPMorgan Chase & Co. (NYSE: JPM) has been fined €12.18 million by the European Central Bank (ECB) after its German unit, J.P. Morgan SE, misreported key capital metrics tied to risk-weighted assets, capital ratios, and credit exposure. The supervisory action follows findings that reporting errors persisted from 2019 to 2024, affecting how regulators assessed the […]
After bankruptcy, iconic seafood chain closing more restaurants
After closing more than 100 locations, the 68-year-old chain is reviewing additional underperforming restaurants.
How the Supreme Court's decision affects Apple and its $3.3 billion tariff bill
President Donald Trump's tariffs have cost the iPhone-maker about $1 billion each quarter.
Walmart unit buys East Hartford warehouse for $212 million
The warehouse, and an adjacent 1.3 million square-foot warehouse, opened in March, 2024.
15 jobs most likely to disappear in the next 10 years
This article lists once-popular careers that are in danger of disappearing entirely over the next decade, thanks to technological advances and global upheavals.
Business owner discovers he's paying his employees 113% more than the average business owner in his area
They're deflating wages either because they're greedy or because they fear the worst. Is 2008 going to happen again? It feels like it's going to happen, but it just hasn't happened yet. For the past year, everyone's been talking about how bad the job market is, even though the stock market keeps rising. Everyone knows somebody who has been laid off, but there's been no word that we're actually officially in a recession. A lot of companies are operating as if 2008 is going to happen any second now, and so are a lot of people. Not all companies are going into panic mode quite yet. If the numbers show their business is as healthy as ever, the higher-ups might feel no reason to halt hiring or lay off employees. If everyone else jumped off a bridge, would you too? But it can be difficult not to succumb to the rumors that the economy is going to completely collapse, AI is going to replace all of us, and we will be stuck in a permanent underclass from which we can never escape. If you're a risk-averse business owner who feels uncertain about the future of your company, you might just sell it off to private equity and let them do their bidding. But if you have faith in your employees and your business, now might not be the time to throw out the baby with the bathwater. If everyone jumped off a bridge, would you too?
Moscow to license crypto exchanges if they establish a presence in Russia
Cryptocurrency exchanges will have to set up a subsidiary in Russia and abide by its laws to be allowed to work there, the country’s monetary authority has made that clear. The statement comes amid fears that Russian authorities are planning to cut off access to global trading platforms for digital assets as soon as they […]
Block adds Amazon, QuickBooks, Uber Eats as partner ecosystem nears 1,000
Block, Inc. XYZ shares are up during Friday’s premarket session as the company expands its partner ecosystem, enhancing its offerings for sellers. On Thursday, Block announced a significant expansion of its partner ecosystem, which now includes nearly 1,000 industry-leading partners such as Amazon.com, Inc. AMZN, Intuit Inc.’s INTU Intuit QuickBooks, and Uber Technologies, Inc.’s UBER Uber Eats. This initiative aims to empower sellers by...
'The damage cannot be refunded': Small businesses weigh Supreme Court's tariff ruling
The Supreme Court’s decision to strike down many of President Trump’s tariffs came as a relief to business owners struggling under the weight of higher prices.
From a mall booth to a $3B fintech: Matt Oppenheimer’s startup lessons from a 15-year journey with Remitly
We spoke with the longtime Remitly leader who helped grow a three-person Techstars Seattle startup into one of the world's leading remittance platforms.