Suspect in German Christmas market attack held on murder charges
Italy PM says EU will not allow Russia, others to endanger security through immigration
Stampedes in Nigeria leave at least 32 dead in a rush to get Christmas gifts
Lindsey Vonn to resume her comeback in St. Anton in January after St. Moritz race canceled
Lindsey Vonn's 2nd World Cup race back from retirement is canceled due to poor weather in St. Moritz
Turkey says it believes Kurdish fighters will be forced out of all Syrian territory
Japan's antitrust watchdog to find Google violated law in search case, Nikkei reports
Starbucks workers expand strike in US cities including New York
Isolated Chicago communities secure money for a coveted transit project before Trump takes office
Caitlin Clark effect hasn't reversed the decades-long decline in girls basketball participation
Uncategorized
Special Report-Inside Intel, CEO Pat Gelsinger fumbled the revival of an American icon
By Max A.
October 29, 2024Business
Business|Economy|Election|US
American consumers feeling much more confident as Election Day nears
American consumers are feeling quite a bit more confident this month as Election Day approaches, a business research group says
October 29, 2024
Business|Economy
Fed's rate cut revives small business optimism and plans to borrow
This past summer, leads for Brian Brown's landscaping business near Lake Tahoe were drying up.
October 29, 2024
Business|Economy|Europe
Workers launch strikes as Germany frets over industrial future
Thousands of German workers launched nationwide strikes to press for higher wages on Tuesday, compounding problems for companies worried about
October 29, 2024
Business|Europe|Sports|Stock Markets
Top Adidas shareholder cuts stake to 3.51%
Top Adidas shareholder Groupe Bruxelles Lambert has cut its stake in the German sportswear company to 3.51%, Adidas announced in filings on Tuesday.
October 29, 2024
Business|Finance|Stock Markets
HSBC coy on cost savings of revamp as quarterly profit tops expectations
HSBC Holdings beat third quarter profit expectations on Tuesday thanks to rising wealth and wholesale banking revenue, but kept investors
October 29, 2024
Business|Economy|Europe|Finance
STOXX 600 rises ahead of key data and US tech earnings, energy shares cap gains
Europe's main stock index closed higher on Monday as gains across most sectors outweighed the weakness in energy stocks on a slide in oil prices, with
October 28, 2024
Business|Economy|US
Washington Post reports Elon Musk briefly worked illegally in US in 1990s
South African-born billionaire businessman Elon Musk worked illegally in the United States during a brief period in the 1990s while building a startup company, the Washington
October 26, 2024
Business|Economy|Finance
China Evergrande's EV unit to cease discussions for stake sale
China Evergrande New Energy Vehicle said on Friday that its potential sellers have decided to cease talks for a stake sale in the company, which is the electric vehicle unit of the debt-
October 25, 2024
Business|Economy|Finance|US
US core capital goods orders solid; business equipment spending a touch cooler
New orders for key U.S.-manufactured capital goods increased more than expected in September, though business spending on equipment probably slowed marginally
October 25, 2024
Economy|Europe|Finance
Germany's FDP to host its own economic summit on same day as Scholz
German Finance Minister Christian Lindner's Free Democrats (FDP) are organising their own economic summit next Tuesday, the same day Chancellor Olaf Scholz has invited business
October 25, 2024
Business|Economy|US
In a suburban Miami shopping center, Kmart's last 'Blue Light Specials' flicker
The last Kmart on the U.S. mainland sits alone at the west end of a suburban Miami shopping center, quiet and largely ignored
October 25, 2024
Business|Economy|Finance
Keurig Dr Pepper will buy energy drink maker Ghost for more than $1 billion
Keurig Dr Pepper will buy energy drink maker Ghost for more than $1 billion
October 24, 2024
Business|Economy|Europe
EU leaders to set deadlines on bloc's competitiveness push
European Union leaders will set multiple deadlines for a deeper single market, more capital for investments and a unified energy market, according to draft
October 24, 2024
Business|Economy|Finance|Political|World
IMF chief warns that world risks falling into slow-growth rut and urges China to enact reforms
The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned Thursday
October 24, 2024
Economy|US
Proof that immigrants fuel the US economy is found in the billions they send back home
A new study finds that immigrants contribute about $2.2 trillion annually to the US economy, and that might be an undercount.
October 24, 2024
Business|Economy|Europe|Finance|Technology
Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine
Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a billion-euro antitrust penalty
October 24, 2024
Business|Economy|Europe
Euro zone business activity stuck in a rut, survey shows
Euro zone business activity stalled again this month, remaining in contractionary territory as demand from both home and abroad fell despite firms barely increasing
October 24, 2024
Business|Europe|Finance|Technology
French court approves Atos rescue plan
French technology group Atos has received approval from the Nanterre Commercial Court for its proposed accelerated restructuring plan, the company said on Thursday.
October 24, 2024
Business|Europe|Finance|Stock Markets
LSEG's third-quarter income tops forecasts, shares hit record
London Stock Exchange Group said on Thursday that its income rose a better-than-expected 9.5% in the third quarter after strong growth in its capital markets
October 24, 2024
Australia|Business|Technology
Australia's WiseTech says CEO stepping down after media furore about his personal life
Australia's WiseTech Global said on Thursday that Chief Executive Richard White will step down, an announcement that follows media reports of allegations about his personal
October 24, 2024
Asia|Business|Technology
Nvidia to supply chips to Reliance, other Indian companies in AI push
Nvidia will supply artificial intelligence processors to Indian companies such as Mukesh Ambani's Reliance Industries, the chip giant said
October 24, 2024
Asia|Business|Economy|Finance
India's business activity grows at faster clip in Oct, PMI shows
Growth in India's business activity picked up slightly in October after softening last month, led by stronger demand in the manufacturing sector, according to a
October 24, 2024
Asia|Business|Economy|Finance|Stock Markets
Stock market today: Wall Street finishes mixed after Tesla soars and IBM slumps
Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports
October 24, 2024
Business|Finance|Technology
Platinum Equity's Ingram Micro to raise about $409 million in US IPO
Ingram Micro priced its U.S. initial public offering at $22 per share, within its targeted range of $20 and $23 on Wednesday, to raise $409.2 million, the technology distributor said.
October 23, 2024
Business|Finance|Technology
Nvidia supplier SK Hynix sees no AI chip oversupply as profit soars to record
South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and
October 23, 2024
Business|Economy|US
US lawmakers pressure automaker Stellantis on investment commitments
Nearly 80 members of Congress, including the Senate's top two Democrats, on Wednesday urged automaker Stellantis to honor investment commitments
October 23, 2024
Business|Technology
Startup Hugging Face aims to cut AI costs with open source offering
Hugging Face on Wednesday said it is releasing a new open-source software offering with Amazon.com, Alphabet's Google and others aimed at lowering the costs for building
October 23, 2024
Celebrity|Entertainment
How Eva Longoria quietly saved ‘John Wick’
How Eva Longoria quietly saved ‘John Wick’
October 23, 2024
Business|Economy|Finance|US
Starbucks reveals what an enormous mess its new CEO has to clean up
Starbucks reveals what an enormous mess its new CEO has to clean up
October 23, 2024
Business|Economy|Finance|Technology|US
Boeing expects to burn cash next year as CEO says there's no quick fix for ailing planemaker
Boeing CEO Kelly Ortberg laid out a cautious path to turn the company around on Wednesday, calling for a "fundamental culture change" at the
October 23, 2024
Business|Technology
Tesla to sell home batteries in Japan through Yamada chain, Nikkei reports
Tesla will start selling its Powerwall home battery system in Japan through electronics store chain Yamada Denki, the Nikkei business daily reported on Wednesday.
October 23, 2024
Business|Europe|Science|Technology|US
EU lags US and China in AI investments, Nvidia CEO says
The European Union lags far behind the United States and China in investing in artificial intelligence, the CEO of AI chipmaker Nvidia said on Wednesday.
October 23, 2024
Business|Economy|Finance
Russian industry warns central bank's high rates hurt crucial new investment
A growing chorus of Russian industrial companies and lobby groups are complaining of prohibitively high interest
October 23, 2024
Business|Technology
Apple CEO Tim Cook meets China's IT minister during Beijing visit, ministry says
Apple CEO Tim Cook met on Wednesday with China's Minister for Industry and Information Technology Jin Zhuanglong during a visit to Beijing this week, the
October 23, 2024
Business|Technology
Boeing factory workers vote to reject contract and continue 6-week strike
Boeing factory workers have voted 64% against the company’s latest contract offer and to continue a six-week strike that has halted production of the aerospace giant’s bestselling jetliners
October 22, 2024
Environment|Science|Technology|US
Three Mile Island nuclear plant gears up for Big Tech reboot
Giant cooling towers at Constellation Energy's Three Mile Island nuclear plant in Pennsylvania have sat dormant for so long that grass has
October 22, 2024
Business|Economy|Europe
Germany's Scholz pledges to boost investment, attract more skilled workers
German Chancellor Olaf Scholz promised on Tuesday to boost investment, attract skilled workers and cut red tape to revive growth in Europe's biggest economy, which is on track to
October 22, 2024
Australia|Business
Australian lawsuit involving billionaire WiseTech CEO is settled
A legal battle between the Australian CEO of logistics software maker WiseTech and a woman reported by local media to be his former lover has been settled, a court filing showed,
October 22, 2024
Americas|Business|Economy|Finance
Colombian conglomerates Argos, SURA begin to study possible ownership split
Shareholders of Grupo Argos and Grupo SURA, two of Colombia's largest conglomerates, on Monday gave their boards the green light to begin studying alternative
October 21, 2024
Business|Food|US
McDonald’s didn’t give Trump permission to serve fries. It didn’t need to
McDonald’s didn’t give Trump permission to serve fries. It didn’t need to
October 21, 2024
Business|Economy|Technology
Slack researcher discusses the fear, loathing and excitement surrounding AI in the workplace
Artificial intelligence’s recent rise to the forefront of business has left most office workers wondering how often they should be using the technology and worried about whether a computer will eventually replace them
October 21, 2024
Business|Finance
Dolce & Gabbana CEO could look at IPO in future, priority now is a stronger business
Dolce & Gabbana is not ready for an initial public offering but is prepared to consider it in the future, the Italian luxury group's chief executive said on Monday.
October 21, 2024
Business|Entertainment|US
Major shakeup at Disney: Board chair is out. New CEO is coming soon
Major shakeup at Disney: Board chair is out. New CEO is coming soon
October 21, 2024
Business|Economy|Lifestyle
BuyBuy Baby is closing all of its stores – again
BuyBuy Baby is closing all of its stores – again
October 21, 2024
Business|Technology
Microsoft to let clients build AI agents for routine tasks from November
Microsoft will allow its customers to build autonomous artificial intelligence agents from next month, in its latest push to tap the booming technology amid growing investor
October 21, 2024
Business|Finance
Boeing exploring asset sales to boost finances, WSJ reports
Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or underperforming units, the Wall Street Journal reported on Sunday.
October 20, 2024
Business|Economy|Finance|Stock Markets
Brazil's Embraer delivers 57 non-defense aircraft in the third quarter
Brazilian planemaker Embraer delivered 57 non-defense aircraft in the third quarter, up 33% from a year earlier, it said on Friday.
October 18, 2024
Asia|Business|US
GOP lawmakers seek investigation of consulting firm over its work in China
A group of Republican lawmakers is demanding a federal investigation into the U.S. consulting firm McKinsey over its work with the Chinese government and state-owned enterprises
October 18, 2024
Business|Finance|Stock Markets|US
American Express profit rises in Q3 as card members continue to spend
American Express’ third-quarter profit topped analysts’ expectations as the credit card company’s cardholders continue to spend, with many holding a balance
October 18, 2024
Asia|Economy
Hong Kong's July-September unemployment rate holds steady at 3%
Hong Kong's seasonally adjusted unemployment rate stood at 3% in July-September, unchanged from the previous three-month period, the government said on Friday.
October 18, 2024
Business|Economy|Finance|Stock Markets
Brazil's Assai cuts estimate for 2025 new store openings
Brazilian food retailer Assai said on Thursday it now forecasts it will open some 10 new stores next year, half the prior estimate of about 20, according to a securities filing.
October 17, 2024
Business|Technology|US
US FTC probing Deere over customers' 'right to repair' equipment
The U.S. Federal Trade Commission is probing farm equipment maker Deere over the company's repair policies, according to a filing made public on Thursday.
October 17, 2024
Asia|Business|Crime|Economy
Vietnamese real estate tycoon sentenced to life for billions in fraud in government graft crackdown
A Vietnamese real estate tycoon has been convicted of fraudulently obtaining property worth billions of dollars and sentenced to life in prison in a case that has been a centerpiece of the government’s crackdown on corruption
October 17, 2024
Asia|Business|Finance|Stock Markets
Hyundai Motor India set to price shares at top of range to raise $3.3 billion, sources say
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, according to two sources with direct
October 17, 2024
Asia|Business|Economy|Finance|US
McKinsey cuts hundreds of jobs in China business, WSJ reports
U.S.-based consulting firm McKinsey is revamping its China business after reducing its government-linked clients and cutting about 500 jobs, which is around a third of its China workforce,
October 17, 2024
Business|Economy|Finance
What Boeing’s massive financial crisis means for you
What Boeing’s massive financial crisis means for you
October 16, 2024
Business|US
US judge orders Boeing, DOJ to detail diversity policy before deciding on plea
A federal judge on Tuesday ordered Boeing and the U.S.
October 15, 2024
Americas|Business|Economy
Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain
Mexican officials say companies have pledged $20 billion in new foreign direct investment in Mexico
October 15, 2024
Business|Economy|Finance|Sports|US
Trump’s Scottish golf courses continue to struggle
Donald Trump’s two Scottish golf courses, into which he has pumped hundreds of millions of dollars over the past two decades, continued to burn cash in 2023, accounts published on Tuesday
October 15, 2024
Business|Economy|Finance|Stock Markets|Technology
Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars
Boeing’s crisis is getting worse. Now it’s borrowing tens of billions of dollars
October 15, 2024
Business|Economy|Finance|US
Walgreens to close 1,200 stores as US pharmacies struggle to define a new role
Walgreens is planning to close around 1,200 locations, as the drugstore chain and its rivals struggle to define their role for U.S. shoppers who no longer look to them first for convenience
October 15, 2024
Business|Technology
'A toaster on wheels': Swisher reacts to Musk unveiling 'Robovan'
CNN contributor Kara Swisher gives her take on Elon Musk's announcement of Tesla's "Robovan" and "Cybercab" vehicles.
October 15, 2024
Asia|Business|Economy|Finance|Stock Markets
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop
U.S. stocks pulled back from their records as the price of crude oil tumbled again and technology stocks faltered
October 15, 2024
Asia|Economy
Hong Kong policy address seen pivoting from security to economic growth
Hong Kong is expected to announce measures to boost the city's economy in its annual policy address on Wednesday, including slashing liquor tariffs, as it seeks
October 15, 2024
Business|Entertainment|Finance
Legendary Entertainment buys out Dalian Wanda's stake in the Hollywood studio
Legendary Entertainment on Monday said it had completed a buyout of Chinese conglomerate Dalian Wanda Group's remaining stake in the movie studio and will be wholly owned by Apollo Global.
October 14, 2024
US
What is open and closed on Indigenous Peoples’ Day 2024
What is open and closed on Indigenous Peoples’ Day 2024
October 13, 2024
Asia|Election
Macao's former top judge is chosen as the Chinese casino hub's first leader born in mainland China
Macao’s former top judge has been chosen the Chinese casino hub’s next leader
October 12, 2024
Fashion and Beauty|Lifestyle
New Croc clogs mean matching togs for your dogs
New Croc clogs mean matching togs for your dogs
October 12, 2024
Business|Finance|Technology
Changing OpenAI's nonprofit structure would raise questions about its future
The artificial intelligence maker OpenAI may face a costly and inconvenient reckoning with its nonprofit origins even as its valuation recently exploded to $157 billion
October 12, 2024
Business|Technology
Tesla's sporty, two-seater robotaxi design puzzles experts
Tesla's reveal of a robotaxi designed as a low-slung, two-seater, sporty coupe - quite the opposite of a typical taxi with room for several
October 12, 2024
Celebrity|Videos
Florida resident in tears talking about her destroyed house
Cheryl Bernatowicz joins The Lead
October 11, 2024
Business|Economy|Finance|US
US consumer sentiment slips in October
U.S. consumer sentiment slipped in October amid lingering frustration over high prices, a survey showed on Friday.
October 11, 2024
Economy|Finance|US
Another key US inflation gauge fell in September
Another key US inflation gauge fell in September
October 11, 2024
Business|Crime|Finance|US
US judge scrutinizes Boeing plea deal in fatal crashes
A federal judge on Friday pressed U.S.
October 11, 2024
Business|Crime|Economy|Finance|US
Boeing's lawyers argue for settlement opposed by relatives of those killed in 737 Max crashes
Relatives of passengers who died in Boeing Max crashes have attended a Texas courtroom where their lawyers asked a judge to throw out a plea agreement they say is a sweetheart deal for Boeing
October 10, 2024
Business|Finance
Citigroup establishes banking executive team, memo shows
Citigroup has formed an executive team of senior leaders from its corporate and investment bank, according to an internal memo seen by Reuters on Thursday, as the U.S. lender aims to
October 10, 2024
Asia|Business|Celebrity
Ratan Tata gets state funeral as India bids farewell to business tycoon
India bade farewell on Thursday to one of its most respected corporate leaders - Ratan Tata, who expanded companies under his brand name into a global behemoth
October 10, 2024
Business|Economy|Europe|Finance
IPOs stage fall comeback in Europe
Initial public offerings (IPOs) are slowly coming back in Europe after a summer lull.
October 10, 2024
Business|Finance
Japan's Seven & i unveils restructuring plan as $47 billion Couche-Tard bid looms
Seven & i Holdings announced on Thursday a roadmap to hive off underperforming businesses and focus on its convenience store operations, as the retailer aims to fend
October 10, 2024
Business|Economy|Finance|Technology
India regulatory reform could hasten homecoming of IPO-bound startups
India's scrapping of a time-consuming compliance step will accelerate the pace at which Indian startups domiciled abroad shift back home
October 10, 2024
Asia|Business|Economy|Finance
A third of Japan firms likely to miss H1 forecasts, Reuters poll shows
More than a third of Japanese companies are likely to miss their earnings projections for the first half of the business year that commenced in April due to slow
October 09, 2024
Asia|Business|Economy
Ratan Tata, Indian tycoon who took his empire global, dead at 86
Ratan Tata, Indian tycoon who took his empire global, dead at 86
October 09, 2024
Asia|Business
Ratan Tata, an Indian industry legend and business icon dies aged 86
Ratan Tata, one of India’s most influential business leaders, has been cremated after a state funeral in the country’s financial capital
October 09, 2024
Asia|Business|Economy|US
Ratan Tata, who put India's Tata Group on the global map, dies at 86
Ratan Tata, the former Tata Group chairman who put a staid and sprawling Indian conglomerate on the global stage with a string of high-profile acquisitions, has died, the
October 09, 2024
Business|Stock Markets|US
US cruise stocks rise as Citi upbeat about strong growth indicators
Shares of U.S. cruise operators, including Norwegian Cruise Line Holdings, surged in midday trading on Wednesday as brokerage Citi gets bullish on the companies' long-term prospects.
October 09, 2024
Asia|Health
Ratan Tata, of India's Tata conglomerate, in hospital intensive care, sources say
Ratan Tata, chairman emeritus of one of India's biggest conglomerates, Tata Sons, is in critical condition in intensive care at a Mumbai hospital, two sources with
October 09, 2024
Asia|Economy|Finance
Stock market today: Wall Street sets more records after Shanghai's worst drop since early COVID
U.S. stocks rose to records after the latest wild swerves for Chinese stocks left few ripples in markets worldwide
October 09, 2024
Business|Economy|Finance
Tax worries knock UK business confidence, survey shows
British business confidence fell in the third quarter as tax worries hit investment, according to a survey of accountants that chimes with similar concerns from
October 08, 2024
Americas|Business|Finance
Mexico's Walmex expects final ruling from antitrust watchdog soon
Mexico's Walmex, the local unit of U.S.-based retail giant Walmart, expects antitrust watchdog Cofece to soon announce its final ruling stemming from a probe into
October 08, 2024
Election|News|US
This Montana Senate candidate said his opponent ate 'lobbyist steak.' But he lobbied—with steak
Montana Republican Tim Sheehy denounced incumbent U.S. Sen. Jon Tester during a recent debate for “eating lobbyist steak” while Sheehy was fighting in Afghanistan
October 08, 2024
Business|Finance
Northvolt subsidiary files for bankruptcy after project pulled
A subsidiary of Sweden's Northvolt filed for bankruptcy on Tuesday after the project it was developing was cancelled, court filings showed, while the rest of the cash-strapped
October 08, 2024
Americas|Business|Economy|Finance|Stock Markets
Mexico anti-trust watchdog flags tortilla-maker Gruma on corn-flour market concentration
Tortilla-maker Gruma holds the power to fix higher prices in the corn flour market, Mexico's antitrust watchdog said in a preliminary decision on Monday,
October 07, 2024
Economy|Finance|News|Stock Markets
Global money market funds draw large inflows in the week to Oct. 2
Global money market funds attracted large inflows in the week to Oct. 2 as investor caution ahead of a key U.S. payrolls report and heightened geopolitical tensions in the Middle East
October 07, 2024
Business|Economy|Europe
Business climate in German retail clouds over, Ifo says
The business climate in the German retail sector clouded over in September, according to an Ifo survey published on Monday.
October 07, 2024
Business|Economy|Europe|Finance|Technology|World
UK investment summit to feature Google, Wayve and Brookfield
The new British government's first international investment summit will feature senior executives from companies including Google, Wayve and Brookfield Asset Management, the
October 05, 2024
Business|Health|Lifestyle|News|US
Yoga business founder pleads guilty to tax charge in New York City
An international yoga business founder whose chain of yoga studios promoted themselves as “Yoga to the People” has pleaded guilty to a tax charge in a New York federal court
October 04, 2024
Americas|Business|Economy|Finance|Health
Novo Nordisk to invest $158 million in insulin plant in Brazil
Danish drugmaker Novo Nordisk will invest 864 million reais ($158.2 million) to revamp a plant in Brazil responsible for pumping out a quarter of its insulin production globally,
October 04, 2024
Business|Economy|Finance
India's Jio Financial, BlackRock get in-principle approval to set up mutual fund business
Jio Financial and U.S.-based BlackRock got in-principle approval from India's markets regulator to act as co-sponsors and set up a mutual fund business in the country, the Mukesh
October 04, 2024
Environment|News|US
Supreme Court steps into a fight over plans to store nuclear waste in rural Texas and New Mexico
The Supreme Court has agreed to step into a fight over plans to store nuclear waste at sites in rural Texas and New Mexico
October 04, 2024
Africa|Business|Economy|News
Nigeria's private sector gets boost from new orders in September
Nigerian private sector activity expanded for the second straight month in September as new orders rose, especially for chemical and pharmaceutical products, results of a central
October 04, 2024
Asia|Business|Economy|Finance|News
India September services growth hits 10-month low, PMI shows
Growth in India's dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a business survey showed on Friday
October 04, 2024
Business|Finance|Technology
Cisco set to invest in CoreWeave at $23 billion valuation, Bloomberg News reports (Oct. 3)
Cisco Systems is set to invest in CoreWeave, valuing the cloud services provider at $23
October 03, 2024
Business|Finance|Technology
OpenAI secures $4 billion credit line after big funding round
OpenAI has secured a new $4 billion revolving credit line, the ChatGPT maker said on Thursday, a day after it closed a $6.6 billion funding round that cemented its position as one of the
October 03, 2024
Education|Opinion
More and more, business schools want to show they’re making a positive impact on society. But how should they measure it?
Students, professors and accrediting agencies are more interested in social impact than ever.
October 03, 2024
Business|Finance|Technology|US
US funds four power grid projects with $1.5 billion
Four electricity transmission projects serving the U.S. southwest, southeast and New England will get $1.5 billion in public funding to improve the grid's
October 03, 2024
Business|Economy|News|US
Five things to know as the massive port strike enters its third day
Five things to know as the massive port strike enters its third day
October 03, 2024
Business|Economy|Europe
French services sector contracts in September as Olympic boost fades, PMI shows
France's services sector contracted in September, albeit less than initially expected, reversing strong growth seen in August driven by the Paris Olympic Games, according to a survey
October 03, 2024
Business|Economy|News
Russian services sector growth slows in September, PMI shows
Business activity in Russia's services sector grew at a slower pace in September amid a weaker rise in demand, a business survey showed on Thursday, with firms also moderating their hiring
October 03, 2024
Business|Economy|Finance|US
Dollar hits six-week high before payrolls report
The dollar rose to a six-week high on Thursday as data showed a still-solid U.S. economy before Friday's closely watched jobs report, while safe haven demand on
October 02, 2024
Business|Economy|News|US
The president could invoke a 1947 law to try to suspend the dockworkers' strike. Here's how
Some manufacturers and retailers are urging President Joe Biden to invoke a 1947 law as a way to suspend a strike by 45,000 dockworkers that has shut down 36 U.S. ports from Maine to Texas
October 02, 2024
Business|News|Science|Technology|US
Corrosion exceeds estimates at Michigan nuclear plant US wants to restart, regulator says
Holtec, the company wanting to reopen the Palisades nuclear reactor in Michigan, found corrosion cracking in steam generators "far exceeded" estimates, the U.S
October 02, 2024
Europe|Fashion and Beauty
Fashion designer Hedi Slimane leaves LVMH's Celine
Fashion designer Hedi Slimane has left LVMH's Celine brand, the company said on Wednesday, marking the latest high-profile departure from a fashion label as the
October 02, 2024
Business|Economy|Finance|News|Technology
Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates
Elon Musk’s X is worth nearly 80% less than when he bought it, Fidelity estimates
October 02, 2024
Environment|Health|News|Science|World
Swine fever sweeps Italy's north, threatening production of prized prosciutto and livelihoods
One of Giovanni Airoli’s sows tested positive for African swine fever in late August
October 02, 2024
Business|Finance|US
Dollar gains as ADP shows better-than-expected jobs gains
The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed U.S. private payrolls increased more than expected
October 01, 2024
Business|Economy|US
Striking Boeing union asks CEO to 'truly engage' after workers' health coverage cut
Boeing's largest union urged new CEO Kelly Ortberg on Tuesday to get more involved in contract negotiations to end a strike by around 33,000 U.S.
October 01, 2024
Business|Economy|Health|US
Novo Nordisk has mitigation plans to minimize disruption from port strikes
Danish drugmaker Novo Nordisk said on Tuesday it has mitigation plans in place to minimize or prevent any disruption to its production due to sea port strikes in the United States.
October 01, 2024
Americas|Business|Economy|Finance|World
French and US companies to invest $10 billion to extract oil off Suriname's coast
Officials say that France’s TotalEnergies and U.S. hydrocarbon company APA Corp. plan to invest $10 billion to extract oil off the coast of Suriname in a historic investment for the South American country
October 01, 2024
Business|Economy|Finance|Health|Stock Markets|US
CVS Health to lay off nearly 2,900 employees in cost-cutting push
CVS Health said on Tuesday it would lay off about 2,900 employees, representing less than 1% of its workforce, as the healthcare conglomerate aims to cut costs.
October 01, 2024
Business|Finance|Stock Markets|US
Boeing considers raising at least $10 billion in share sale, Bloomberg News reports
Boeing is considering raising at least $10 billion by selling new stock, Bloomberg News reported on Tuesday, citing people familiar with the discussions.
October 01, 2024
Africa|Business|Economy
Absa PMI shows South African factory activity grows in September
South African manufacturing activity increased in September, recovering from the previous month's slump as demand rose and an interest rate cut boosted sentiment, the Absa-
October 01, 2024
Business|Economy|Europe
German manufacturing sector contracts at fastest rate in a year, PMI shows
Germany's manufacturing sector contracted at its fastest pace in a year in September, driven by sharp declines in output, new orders, and employment, a survey showed on Tuesday.
October 01, 2024
Economy
Japan's central bank survey underpins optimism about growth
Business sentiment among Japan’s large manufacturers stood unchanged in the latest quarter from the previous quarter, according to a closely watched survey called “tankan.”
October 01, 2024
Business|Finance|Technology
23andMe CEO Wojcicki no longer open to third-party takeover proposals, filing shows
Genetic testing firm 23andMe Chief Executive Officer Anne Wojcicki would no longer be open to considering third-party takeover proposals for the company, a regulatory filing showed on
September 30, 2024
Business|News|Technology
Brazilian planemaker Embraer targets defense jet sales in Mexico visit
Brazilian planemaker Embraer views Mexico as a prime market for its Super Tucano and C-390 defense aircraft, the company's head said on Monday.
September 30, 2024
Business|Finance
PepsiCo in talks to buy Siete Foods for over $1 billion, WSJ reports
PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.
September 30, 2024
Business|Finance|Stock Markets|US
Texas Stock Exchange moves closer to launch with leadership team, board
The Texas Stock Exchange announced a board of directors on Monday in its latest step toward building a national exchange to rival long-established
September 30, 2024
Business|Technology
If your AI seems smarter, it's thanks to smarter human trainers
In the early years, getting AI models like ChatGPT or its rival Cohere to spit out human-like responses required vast teams of
September 28, 2024
Business|Economy|News
Argentina's Milei plans to privatize state airline by decree
Argentina's President Javier Milei intends to sign a decree next week aimed at the privatization of flag carrier Aerolineas Argentinas, said presidential spokesman Manuel Adorni.
September 27, 2024
Business|Health|Technology
Sima Sistani, who embraced Ozempic, is out as CEO of WeightWatchers
Sima Sistani, who embraced Ozempic, is out as CEO of WeightWatchers
September 27, 2024
Business|Economy|Finance|World
French tycoon gains $17 billion from China’s economic stimulus push
French tycoon gains $17 billion from China’s economic stimulus push
September 27, 2024
Business|Europe|Finance|Stock Markets
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
Shares in Moncler rose sharply on Friday after French rival LVMH invested in the Italian outerwear specialist, fuelling speculation about the
September 27, 2024
Business|Economy|News
China's industrial profits suffer biggest slump this year, adds to economic woes
China's industrial profits swung back to a sharp contraction in August for their biggest decline this year, official data showed on Friday, adding to a recent spate of bleak
September 27, 2024
Business|Celebrity|Election|Entertainment|Fashion and Beauty|Finance|Lifestyle|US
Trump hawks $100,000 watches as he leverages his candidacy for profit
Trump hawks $100,000 watches as he leverages his candidacy for profit
September 26, 2024
Business|Entertainment|Lifestyle|US
Trump launches a new business venture during his campaign: $100,000 watches
He has sold Bibles, sneakers, photo books and cryptocurrency during his third campaign for president
September 26, 2024
Business|Technology
OpenAI looks to shift away from nonprofit roots and convert itself to for-profit company
OpenAI’s history as a nonprofit research institute that also sells commercial products like ChatGPT may be coming to an end as the San Francisco company looks to more fully convert itself into a for-profit corporation accountable to shareholders
September 26, 2024
Business|Economy|Europe|Technology
Slow Airbus deliveries raise fresh questions over annual target
Airbus deliveries are closing September at a slower pace than a year ago, raising increased questions over the European planemaker's ability to hit a revised annual
September 26, 2024
Australia|Business|Economy|Finance
Australia regulator reviews claims of Woolworths and Coles 'land banking'
Australia's two dominant grocery chains have declared interests in more than 150 unrealised development sites, the antitrust regulator said, adding it was investigating
September 26, 2024
News|Opinion
How the US government can stop ‘churches’ from getting treated like real churches by the IRS
New developments, including the increasing diversity of faith communities and the advent of worship through streamed services, have rendered the IRS definition of a church outdated.
September 26, 2024
Business|Europe|Finance|News
Sanctioned Russian billionaire Guryev defeats London lawsuit over Phosagro stake
Sanctioned Russian billionaire Andrey Guryev on Thursday defeated a lawsuit brought by a former friend seeking a significant stake in one of the world's biggest fertiliser producers
September 26, 2024
Business|Finance|Stock Markets
IMF's $7 billion bailout sends Pakistan stocks to new peak
Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board
September 26, 2024
Business|Economy|Europe|Finance
H&M abandons 2024 margin target as costs hurt profit
H&M scrapped its margin target for 2024 as higher discounting, costs and fierce competition hurt operating profit in the third quarter, denting
September 26, 2024
Australia|Business|Finance
Australia's Star Entertainment posts multi-billion-dollar loss, weighs asset sales
Australia's No.2 casino operator, Star Entertainment, posted a second straight multi-billion-dollar annual loss as it wrote down the value of venues and
September 26, 2024
Business
OpenAI to remove non-profit control and give Sam Altman equity, sources say
ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be
September 25, 2024
Business|Finance|Technology
PayPal to allow cryptocurrency buying, holding and selling for US merchants
PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts.
September 25, 2024
Business|News|US
US urges freight railroads to guarantee paid sick leave for all
The Biden administration on Wednesday called on three major freight railroads to guarantee paid sick leave for all workers, saying 10,000 employees do not
September 25, 2024
Celebrity|Entertainment|Europe
Elon Musk says he is not having affair with Italy's Meloni after mutual praise at gala
Elon Musk said on Wednesday that he was not having an affair with Italian Prime Minister Giorgia Meloni, replying to a joke after their mutual praise at a black-tie event in New York
September 25, 2024
Business|Food
Coca-Cola Spiced is getting canceled after 7 months on the market
Coca-Cola Co. is discontinuing its newest “permanent” flavor a little more than seven months after putting the product on the market
September 25, 2024
Business|Crime|Finance|News|US
New York court is set to hear Donald Trump's appeal of his $489 million civil fraud verdict
A New York appeals court is set to hear arguments in former President Donald Trump’s fight to overturn a civil fraud judgment that could cost him close to half a billion dollars
September 25, 2024
Asia|Business|Technology
Uber, Chinese self-driving tech startup announce partnership to launch robotaxis in UAE
Uber Technologies and WeRide announced a partnership on Wednesday to bring the Chinese self-driving technology firm's vehicles to the rideshare platform, starting in the United Arab
September 25, 2024
Business|Economy|Election|News|US
Harris is making a 'capitalist' pitch to boost the economy as Trump pushes deeper into populism
Vice President Kamala Harris is pledging to build an economy that is both pro-business and helps the middle class as she pushes back against Republican nominee Donald Trump’s claims that she’s advancing “communist” ideas
September 25, 2024
Business|News|US
Invitation Homes agrees to pay $48 million to settle claims it saddled tenants with hidden fees
The nation’s largest owner of single-family homes for rent has agreed to pay $48 million to settle claims by the Federal Trade Commission
September 24, 2024
Business|News
Boeing gives union more time to vote on an offer that's getting poor reviews from striking workers
Boeing is giving the union for 33,000 striking workers more time, but it still wants a vote on its latest contract proposal
September 24, 2024
Business|Economy|Europe|News
Italy's automotive workers plan to strike on Oct. 18 over a fall in output at Stellantis
Italy's main metalworkers union says workers in the automotive sector will go on strike on Oct. 18 in protest of declining output from Stellantis, the biggest carmaker in the country
September 24, 2024
Business|News
OceanGate asked workers to forego paychecks, former employees tell investigators probing Titan implosion
OceanGate asked workers to forego paychecks, former employees tell investigators probing Titan implosion
September 24, 2024
Asia|Business|Fashion and Beauty
China says it will investigate fashion firm PVH for suspected boycott of Xinjiang products
China's Commerce Ministry says it will investigate the fashion company PVH, which owns brands like Tommy Hilfiger and Calvin Klein, for suspected violations of trade rules
September 24, 2024
Business|Finance|Health|US
JPMorgan unit backs Centivo's $75 million equity and debt raise
Healthcare firm Centivo on Tuesday said it has secured $75 million in equity and debt financing, backed by Cone Health Ventures and the largest U.S. bank JPMorgan Chase's
September 24, 2024
Business|Entertainment|Europe|Fashion and Beauty
Italian designer Alberta Ferretti stepping down as creative director of her brand
Italian designer Alberta Ferretti is stepping down as creative director of her eponymous brand after 43 years, fashion group Aeffe said on Tuesday.
September 24, 2024
Business|Economy|Finance|US
Levi Strauss warns of delay in reaching $10 billion revenue target, FT reports
Levi Strauss' target of hitting $9 billion to $10 billion in revenue by 2027 would be pushed back as rising costs of living hits Western consumers, even as the company expands store
September 24, 2024
Asia|Business|Economy|News
Japan's Sept factory activity slips, PMI shows
Japan's factory activity eased in September due to softer production, although further expansion in the service sector supported overall business momentum, a survey showed on Tuesday
September 23, 2024
Business|Economy|Finance|Health|US
Novo says Ozempic to be eligible for US price negotiations in less than a year
Novo Nordisk's blockbuster diabetes drug Ozempic will be eligible for U.S. government's price negotiations in less than a year based on current criteria, the Danish drugmaker's CEO Lars
September 23, 2024
Business|Stock Markets|US
Trump Media shares tumble to new low after insider selling curbs expire
-Shares of former U.S. President Donald Trump's media company tumbled 10% to a new low on Monday, extending recent losses after restrictions on insider selling expired.
September 23, 2024
Business|News|US
Attention Kmart shoppers: The last full-size Kmart in the mainland United States is closing
Attention Kmart shoppers: The last full-size Kmart in the mainland United States is closing
September 23, 2024
Business|Economy|Europe|Finance
Euro zone business activity unexpectedly contracts in September, PMI shows
Euro zone business activity contracted sharply and unexpectedly this month as the bloc's dominant services industry flatlined while a downturn in manufacturing
September 23, 2024
Asia|Business|Economy|Technology
SAIC Volkswagen says adjusting plant base "necessary"
SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base was "normal and necessary", Chinese media outlet
September 21, 2024
Business|Finance|Technology|US
Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions
Elon Musk didn’t show up for testimony in a probe over his $44 billion Twitter takeover. Now the SEC wants sanctions
September 20, 2024
Asia|Business|Finance
China Minsheng Bank cut Beijing staff pay by up to 50% in austerity drive
China Minsheng Bank has cut pay by up to 50% for its Beijing branch employees, two people with direct knowledge of the matter said, in the biggest such move by a major commercial
September 20, 2024
Business|Europe|Technology
Tech giants push to dilute Europe's AI Act
The world's biggest technology companies have embarked on a final push to persuade the European Union to take a light-touch approach to regulating artificial
September 20, 2024
Business|Economy|Finance|News
Russia discussing hefty hike in 'exit tax' for foreign firms, RBC reports
Russian authorities are discussing raising the one-off contribution that foreign companies leaving the country must make to the state budget to as high as 40% from 15%, the RBC
September 20, 2024
Europe|Finance|News|Stock Markets
Europe's STOXX 600 falls a day after Fed-fuelled rally
European shares slipped on Friday after a rally in the previous session spurred by the U.S.
September 20, 2024
Business|Fashion and Beauty|Sports|US
Nike names Elliott Hill as CEO, replacing John Donahoe
Nike Inc. has named Elliott Hill as its president and CEO effective, replacing John Donahoe, who will retire next month
September 19, 2024