Business
Gautam Adani’s U.S. fraud charges could have wider repercussions for India
U.S. prosecutors allege that Gautam Adani, the second most-wealthy Indian man, personally met with Indian government officials to further their ...
$20bn wiped off Adani corporate empire after bribery charges
US corruption charges against one of India’s richest men sent shares in his businesses reeling
Matt Gaetz, unable to escape sexual misconduct allegations, withdraws as Department of Justice lead
While the momentum was strong, it is clear that my confirmation was unfairly becoming a distraction to the critical work ...
Stocks making the biggest moves midday: Netflix, Alphabet, Nvidia, BJ’s Wholesale Club and more
These are the stocks posting the largest moves in midday trading.
SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement
President-elect Donald Trump has not announced his pick, but the expectation is that the next chair will be friendlier to ...
Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman said the controversy around his nomination had become a ‘distraction’
Gary Gensler to step down as SEC chair in January
Regulator had pushed through a blizzard of new rules during his tenure
Bluesky CEO Jay Graber says X rival is ‘billionaire proof’
Bluesky CEO Jay Graber told CNBC that the social media app’s open design could thwart potential acquisition efforts.
One-day gas deal: Circle K and Sheetz slash prices by 40 cents per gallon
And, in some cases, the discounts will last through the end of the month. Read More
e.l.f. Beauty pushes back on short-seller allegations, shares recover
The company said it is “fully confident” in its financial statements. Read More
McDonald’s plans to keep $5 meal deals through the middle of 2025, a year longer than originally planned
And more deals are on the way. Read More
It’s time to hold corporations accountable for the plastics crisis—and the bill could exceed $20 billion in the U.S. alone
A weakened treaty that prioritizes recycling and non-binding targets risks failing to address the astounding cost to human health. Read ...
Silicon Valley billionaire warns ‘absolutely there’s a bubble’ in AI valuations: ‘Nobody would be surprised’ if OpenAI ‘disappeared next Monday’
Longtime tech executive Tom Siebel said the market is “way, way overvaluing” AI companies of all sizes, from startups to ...
UK fraud agency opens bribery investigation of Thales
Probe of defence group will be jointly conducted with France’s Parquet National Financier
UK imposes sanctions on Isabel dos Santos in money laundering crackdown
Africa’s former richest woman and exiled Ukrainian oligarch Dmytro Firtash among trio hit by measures
US hits Russia’s Gazprombank with sanctions
Move in effect bans state-owned bank from global financial system in blow to payments for Moscow’s war effort
Why Robinhood is spending $300 million to buy a wealth management platform
Robinhood wants in on the $84 trillion great wealth transfer. Read More
Elon Musk’s first order of business in Trump’s administration: Kill remote work
Together with DOGE partner Vivek Ramaswamy, they are targeting ‘mass headcount reductions across the federal bureacracy’ Read More
Europe Inc needs to scale up or risk becoming a museum
Helsinki shows how reinvigoration can work but co-ordinated help for entrepreneurs across the continent is needed
Beyond Meat CEO hopes to redefine the American diet. It’s why he defied haters by reformulating his products
Ethan Brown decided to make the Beyond products “unassailable from a health perspective.” Read More
A new Fortune 500 CEO says her husband quit his role at the $13 billion company so she could claim the top job without conflict
Her mantra? “I’m going to try to work myself out of a job.” Read More
Here are Thursday’s biggest analyst calls: Nvidia, Tesla, Salesforce, Chevron, Snowflake, Netflix
Here are the biggest calls on Wall Street on
Archegos founder Bill Hwang sentenced to 18 years for fraud that cost global investment banks billions
Judge Alvin K. Hellerstein estimated that up to nine financial institutions lost over $9 billion in the fraud. Read More
Nato right to heed Russian anger over Ukraine accession plan, Merkel says in memoirs
Ignoring Vladimir Putin’s opposition to proposal in 2008 would have risked ‘playing with fire’, writes Germany’s ex-chancellor
OpenAI partners with Wharton for a new course focused on leveraging ChatGPT for teachers
OpenAI and the Wharton School created a new course to help educators understand how to harness generative AI in the ...
Nvidia again topped Apple to become Wall Street’s most valuable company. How it got there—by the numbers
The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Read More
Trump, Europe and the endgame in Ukraine
If they play their cards well, leaders across the continent can exert leverage on America over how to end the ...
$749 million ‘treasure hunt’: Crypto miner fights to retrieve Bitcoin fortune he claims was accidentally thrown in landfill
“The treasure is getting more and more valuable by the day and that isn’t going to stop,” James Howells tells ...
‘Numero Uno’: US takes aim at Gautam Adani
Criminal and civil charges against Indian tycoon and associates set out alleged $265mn bribery scheme
Stocks making the biggest moves premarket: Snowflake, Nvidia, BJ’s Wholesale and more
These are the stocks posting the largest moves in premarket trading.
