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Business News
X Launches Digital Wallet and Payments Service with Visa Partnership
X has introduced a digital wallet and peer-to-peer payments service in collaboration with Visa, marking the platform's first step toward creating a comprehensive financial ecosystem. The X Money Account will allow users to transfer funds between traditional bank accounts and digital wallets, as well as make instant payments, similar to services like Zelle or Venmo. This initiative, which builds on Musk's vision of an "everything app," will help users manage their finances directly on X, starting with creators who can accept payments and store funds on the platform.
GM’s Fourth-Quarter Performance Faces Investor Concerns Over Policy Uncertainty
General Motors (GM) posted strong fourth-quarter results, exceeding Wall Street’s expectations with an operating profit of $2.5 billion and sales of $47.7 billion. Despite solid performance, investors are wary of the company's 2025 outlook, which assumes no policy changes under a potential Trump administration, particularly regarding EV tax credits. GM’s stock repurchase strategy, which contributed to its 2024 gains, continues to be a key focus, but uncertainty around new car prices, tariffs, and EV policies could impact its future performance.
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Invest in Employee Development
A well-trained team is your greatest asset. Invest in your employees’ growth through workshops, online courses, or mentorship programs to boost productivity and morale.
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