Business

Leaked BYD letter signals China EV price war is set to intensify

A screen shot of an email purportedly BYD was circulating on social media Wednesday, demanding 10% price cuts from an ...

A Silicon Valley billionaire chastised NFL legend Julian Edelman over a bad grade as a schoolboy. It led to a lifelong habit

After a bad middle school report card, Edelman’s father took him to see John Arrillaga, the real estate developer who ...

The Adani Group has lost $55 billion in market value since last week’s shock indictment of billionaire founder

The Nov. 20 indictment accused founder Gautam Adani and multiple subordinates of misleading international investors as part of a bribery ...

Trump plans to hit Mexico and Canada with tariffs over immigration. Here’s what the numbers say about border crossings, drugs and crime

Here’s what the numbers and studies say about border crossings, fentanyl smuggling and whether there’s a connection between immigration and ...

SoftBank to boost OpenAI stake with up to $1.5bn investment

Masayoshi Son says his mission is to bring about artificial superintelligence

Elon Musk’s X files last-minute objection to block the sale of Alex Jones’ X accounts

The sale of Jones’s accounts is meant to pay $1.5 billion in damages to grieving Sandy Hook families. Read More

Israeli tech entrepreneurs and engineers from major companies like Google and Microsoft are seeking refuge in Europe

What began as a major exodus spurred by immediate security concerns has evolved into a broader migration pattern, with waves ...

Fortune Best European Cities for Digital Nomads 2024

No need to say that Europe has firmly established itself as one of the prime destinations for digital nomads. Here ...

Elon Musk’s Twitter backers gain windfall from xAI deal

Investors hit by losses following billionaire’s takeover of social media platform reap rewards from shares in his AI start-up

China’s market targets are ‘just psychological’, says former regulator

Frank remarks by onetime securities commission chief give rare insight into Beijing financial policymaking

Donald Trump taps Jamieson Greer for US trade representative

President-elect rounds out economic team with Kevin Hassett as director of National Economic Council

Waste less, earn more: a new market for food byproducts

Companies should take advantage of opportunities created by improved technology and changing tastes

Infosys chair bets companies will develop their own AI models

Nandan Nilekani says small language models trained on specific data are ‘quite effective’

‘Adios Adani!’ Bribery charges threaten group’s Africa ambitions

Kenya’s reversal of support for airport project underlines global ramifications of US indictment

Trump’s victory could make life harder for Hong Kong—and that may be good news for Singapore’s banks

Banks like Singapore’s OCBC are poised to gain from Chinese investment into Southeast Asia—now potentially supercharged by a new Trump ...

China’s defence minister placed under investigation for corruption

US officials say probe is part of a wider operation to uncover graft in the People’s Liberation Army

Walmart must pay a truck driver $35 million after firing him and accusing him of fraud after an accident

Plaintiff Jesse Fonseca worked for the retailer as a freight driver for 14 years. Read More

Walmart just announced a sweeping rollback of its diversity policies. It comes as conservative groups keep winning legal challenges alleging ‘reverse discrimination’

Walmart’s sweeping rollback of its diversity policies is the strongest indication yet of a profound shift taking hold at U.S. ...

Ozempic covered by Medicare? It could be if Trump agrees to a Biden proposal with a $35 billion price tag

Millions of obese Americans would get access to popular weekly injectables that would help them shed pounds quickly if a ...

The IRS is about to run out of enforcement money as Trump plans more budget cuts. It could add $140 billion to the national deficit

”If they don’t get that $20 billion that is at risk they would run out of enforcement money at the ...

An Israel-Hizbollah ceasefire may not be the end

Benjamin Netanyahu’s confidence risks hubris, while the militant group will already be plotting its rehabilitation

A group of artists just leaked access to OpenAI’s hotly anticipated Sora video tool to protest ‘corporate AI overloads’

A group of artists, volunteering as beta testers for OpenAI’s Sora video AI model, shared the API to access the ...

US trade tariffs would pose risk to economic growth, top BoE official warns

Clare Lombardelli says frictions would dent productivity as she voices concerns over domestic inflation

Shoplifting ring responsible for stealing $2 million from Macy’s and major stores busted by feds

Five New Yorkers have been charged with felony possession of stolen property, conspiracy and other related crimes, Queens District Attorney ...

Rouble slides as new Russian sanctions stifle foreign trade

Pressure on currency set to continue as curbs against lenders such as Gazprombank hit export payments

Your protein needs change as you get older. Here’s how much you should be eating at every age

People seem obsessed with protein nowadays, but certain age groups need to focus on it more than others. Read More

Mexico vows tit-for-tat tariffs against Trump ‘until we put at risk common businesses’

“One tariff would be followed by another in response, and so on until we put at risk common businesses,” Sheinbaum ...

Bitcoin tumbles after failing to break $100,000—but expert says ‘round number’ pullbacks are normal

Columbia professor Omid Malekan says Bitcoin latest target is a “psychological barrier.” Read More