Business

US dealmakers forced to adjust as unions flex their muscles

Workers’ groups increasingly adopt strategies used by activist hedge funds to exert pressure on companies

Daimler Truck reaches deal with United Auto Workers, averts U.S. strike

Daimler Truck agreed to a new labor contract on Friday with over 7,300 hourly workers represented by the United Auto ...

Oil refinery in Russia’s Krasnodar region damaged in Ukraine drone attack, authorities say

Slavyansk oil refinery in Russia’s Krasnodar region was damaged in a Ukraine drone attack, local authorities said on Saturday.

Compensation deal agreed for Slot to join Liverpool from Feyenoord

The compensation package is £7.7m, plus £1.7m in add-ons.

How a trio of 20-something entrepreneurs used the ‘Terminator gene’ to help launch $16.7bn investment firm

“Everyone thought we were totally mad,” Chris Hulatt recalls of the moment he and his co-founders dropped out of the ...

Divided Bank of England faces political heat over calls for rate cuts

Analysts warn chancellor against public comments on likelihood of lower interest rates

Could the white sands of Denmark give the Med a run for its money?

Plus: how to rent the perfect Scandi summerhouse

How Anglo American turned into prey

The 107-year-old South African mining group, long resistant to change, has now rejected a takeover offer from BHP

The tale of Beatrix Potter and Mr McIntosh

Was a Highland postman the inspiration for Mr McGregor?

What new aid really means for Ukraine — and for Putin

Kyiv will have to husband its new resources carefully before trying to liberate Russian-occupied land

Encounters with the Westminster honeytrapper

It took her three minutes to say she was blocking me — but the story didn’t end there

The week that shook Columbia

Protests over Gaza at the New York university have led to divisions and arrests. History professor Mark Mazower gives a ...

Richard Gadd, the ‘Baby Reindeer’ comic confronts his past

The hit show has unleashed a debate about who has the right to tell another’s story

Emmanuel Macron has new favorite bakery as best baguette in Paris is crowned

Xavier Netry of Boulangerie Utopie will deliver baguettes to Macron and his staff after beating 172 competitors to make the ...

Pottery Barn parent Williams-Sonoma fined for marketing its furniture as ‘crafted’ in the U.S. when it was actually made in China

In addition to paying a penalty, the company will be required to submit annual compliance reports, the FTC said. Read ...

Activist hedge fund Elliott bets $1 billion on British platinum producer

The activist hedge fund led by Paul Singer has exposure to almost 33.6 million Anglo American shares via derivatives, per ...

An emergency slide ripped off a Boeing-made jet during a Delta flight from New York to Los Angeles

Delta said the plane was removed from service for evaluation and it was cooperating with investigators. Read More

Billionaire Miami Dolphins owner wants South Florida to be more like Manhattan—’I still love a challenge’

“I want to make West Palm a model city for the country,” said Related Cos. founder, Stephen Ross. Read More

The top 5 books these mental health experts say will help you combat burnout at work and build healthy habits

What to read when you’re feeling overwhelmed at work. Read More

Philadelphia-based Republic Bank implodes in first failure of the year

Republic First Bank had roughly $6 billion in assets and $4 billion in deposits as of Jan. 31. Read More

Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation

Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rival

Microsoft and Alphabet enjoy AI-powered gains from cloud divisions

Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectations

Commercial tax-prep companies lost out on $5 billion in fees thanks to IRS’ direct file, government says

Some 140,000 taxpayers filed taxes for free via a pilot program. Read More

Jamie Dimon says to get a job at JPMorgan, what you study in college ‘almost doesn’t matter’

The bank CEO says the company looks for candidates who are “smart, ethical, decent people.” Read More

Exxon’s profits are falling, but CEO Darren Woods’ compensation rose last year—here’s how the oil giant rewards its top exec

Exxon’s so-so first quarter came on the heels of record profits in 2022. Read More

American Express Launches a Limited-Time Offer on the Business Platinum—Here’s who should apply

Business owners can earn, for a limited time,150,000 Membership Rewards points with a new offer from the Business Platinum Card® ...

The economy is moving us back into the 19th century as fertility rates plunge

The U.S. birth rate from 2023 was down 2% from 2022, according to the Centers for Disease Control and Prevention. ...

US data blurs the picture for bond investors

The combination of slower growth and nagging inflation is an unsettling mix