Business

Singapore’s GDP growth last quarter zooms past forecasts due to booming chip demand

A rush for all things linked to artificial intelligence drove up demand for computer chips, a key Singapore export. Read ...

US indictment of Gautam Adani puts India Inc’s reputation on trial

Alleged $265mn bribery scheme raises questions about the probity of Indian authorities and business leaders

McKinsey nears $600mn settlement with US over opioid claims

Payment would significantly raise cost to firm of its past work for opioid makers

Trump nominates Pam Bondi for US attorney-general after Gaetz drops out

Announcement comes just hours after controversial initial nominee withdrew from consideration for the role

The CEO of Anthropic blasts VC Marc Andreessen’s argument that AI shouldn’t be regulated because it’s ‘just math’

Dario Amodei is among the most prominent AI executives to be outspoken on potential risks associated with the rapid development ...

Three mystery whales have each spent $10 billion-plus on Nvidia’s AI chips so far this year

Jensen Huang’s company retains its absolute dominance in artificial intelligence microchips, but longer term demand is eventually expected to prioritize ...

Google stock hammered after DOJ calls for Chrome sale

In September, U.S. District Judge Amit Mehta ruled Google had illegally monopolized the search market. Read More

UK consumer confidence recovers from pre-Budget dip

GfK index rose three points in November as lower interest rates and higher wages help ease financial concerns

Trump taps his former lawyer Pam Bondi for attorney general after Gaetz withdraws

Bondi was among a group of Republicans who showed up to support Trump at his hush money criminal trial in ...

Battery start-up Northvolt files for bankruptcy protection in US

Europe’s big hope for homegrown manufacturing has struggled with production at its factory in northern Sweden

Is Your Board Ready for AI?

It’s not just employees who need guardrails around AI. The board of directors does as well. Read More

Bitcoin nears $100,000 as SEC chair Gary Gensler announces he will step down

Bitcoin has been on a tear since Election night, breaking through $98,000 on Thursday. Read More

Nvidia CEO waves off Blackwell production concerns, says demand is ‘staggering’

Huang brushed aside reported engineering snags with the new GPU offering and said the platform’s Q4 sales should exceed prior ...

Long-living blue zone diets are fueling the latest superfood craze: Beans

Blue Zone expert Dan Buettner says beans are a diet staple of the world’s longest living people. Read More

Father who faked his death to escape his wife and kids explains how he disappeared abroad without a trace

“The great news is we know that he is alive and well,” Podoll said. “The bad news is we don’t ...

The market is having knee-jerk reactions to Trump’s picks. That could spell buying opportunities

Big swaths of the market have pulled back since the Nov. 5 election.

About 1 in 3 of Trump’s cabinet picks have been accused of sexual misconduct

With six members of the 15-plus member leadership team facing allegations, approximately one-third of the top White House staff have ...

Gap raises guidance ahead of holidays after storms, warm weather slowed sales

Gap said Old Navy’s sales fell after hurricanes led to store closures and warm weather deterred sales in its kids ...

Intuit drops as quarterly forecast misses estimates due to revenue getting delayed

While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue ...

Citadel’s Ken Griffin says Trump’s tariffs could lead to crony capitalism

“I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism,” the billionaire ...

America’s new 1%: Free-spending DINKs shelling out for a luxury lifestyle of vacations and take-out 

On average, DINKs spend four times more on dining each month than other Americans ($816 vs. $215) and allocate nearly ...

A new test of credibility for India’s business establishment

US charges against Gautam Adani raise questions about Delhi’s safeguards

SEC chair Gary Gensler resigns, leaves legacy of division and crypto feuds

Gensler oversaw a turbulent time for the Securities and Exchange Commission as it battled with crypto firms and Wall street. ...

Piper Sandler highlights the stocks most likely to benefit from bullish market sentiment

This handful of stocks typical notches gains when market sentiment is bullish. Wall Street’s current backdrop fits that criteria.

Trump’s tariff plan would put US on path to ‘crony capitalism’, Griffin says

Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investors

Trump’s incoming chief of staff—known as the ‘ice maiden’—faces a raft of special interests

Wiles co-led the former president’s campaign and was widely credited with having run an operation that was far more disciplined ...