Business
Greece grinds to a halt: Thousands go on general strike over rising cost of living
Nearly 20,000 Greeks marched on the streets, while thousands of staff at bus, metro and train services, schools, courts and ...
Ford plans 4,000 more job cuts in Europe as EVs lose momentum
The reductions amount to around 14% of Ford European workforce and will primarily hit operations in Germany and the U.K. ...
Ukraine fires British Storm Shadow missiles into Russia
Move follows Kyiv’s first use of US long-range Atacms missiles on Russian soil
Here are Wednesday’s biggest analyst calls: Nvidia, Apple, Netflix, Microsoft, Robinhood, Amazon
Here are the biggest calls on Wall Street on
The home insurance market is turning to creative solutions as climate change leads to a record number of high-risk properties
Insurers evaluate both the frequency and the severity of extreme weather events to determine the extent of coverage and premium ...
The CEO of Glassdoor breaks the power shift in the labor market and how the hiring landscape has changed
The Great Resignation is over and it’s an employer’s market now. Read More
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from China
Universal Music’s Jody Gerson says that women can learn a lot from Taylor Swift and her ‘unapologetic’ ambition
Jody Gerson was the first woman to serve as CEO of a major music publisher. Read More
Jaguar exec promises his team have not been ‘sniffing the white stuff’ as the luxury carmaker’s rebrand receives online backlash
Tesla CEO Elon Musk mockingly asked, “Do you sell cars?” after Jaguar release rebrand video. Read More
Monkey Tilt raises $30 million in push to make online gambling more social
The site already has $200 million in monthly volume and plans to launch crypto payments. Read More
Walmart’s automation boom means lower delivery costs and better careers, says CFO
Some of the retailer’s physically demanding jobs are evolving, John David Rainey told Fortune. Read More
Cava—the ‘Mediterranean Chipotle’—is one of Wall Street’s hottest stocks. Here’s why
Cava is leading 2024’s fast-casual boom, with the stock dramatically outperforming the market along with salad chain Sweetgreen. Read More
Here are Donald Trump’s key administration picks so far
Trump was bruised and hampered by internal squabbles during his initial term in office. Now he appears focused on remaking ...
CNBC’s Official NHL Team Valuations 2024: Here’s how the franchises stack up
The average NHL team is worth $1.92 billion, and recent transactions are commanding revenue multiples that rival deals done in ...
Climate change has made hurricane winds 18 mph stronger since 2019, study says
For most of the storms — 40 of them — the extra oomph from warmer oceans made the storms jump ...
Target shares plummet on weak third quarter report as price cuts fail to pull in inflation-weary customers
The weak quarterly performance is concerning particularly because Target has cut prices on holiday goods. Read More
How Britain squandered the best hand in the world
Having had three friends in high places — the US, the EU and China — the UK contemplates life with ...
No degree, no problem: US employers look beyond college credentials
Companies such as IBM, GM and Walmart are focusing on applicants’ skills rather than education
Elon Musk wants to meet Alex Soros to ‘understand his goals’ after comparing his billionaire dad George to an X-Men villain
Alex Soros replied: “I often learn most from people whose views are different than my own. Open to meeting.” Read ...
Exclusive: Oishii, vertical farming startup, closes its Series B at $150 million
Vertical farming startup Oishii has closed its Series B at $150 million, Fortune can exclusively report. Read More
The new academy companies
In an era where talent is scarce and continuous learning is key, academy companies deserve a second look. Read More
Weekly mortgage demand inched up, despite higher interest rates. Here’s why.
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.
The CEO of Glassdoor says doubling down on remote work has turbocharged its ability to ‘tap into talent’
Christian Sutherland-Wong talks anonymous reviews, the current labor market and your future AI job application concierge. Read More
Delta CEO says Trump administration’s approach to regulation could be ‘breath of fresh air’
Delta CEO Ed Bastian said the Trump administration could address governmental “overreach” in regulation.
5 things to know before the stock market opens Wednesday
Here are five key things investors need to know to start the trading day.
Staff at a British bank are quitting their ‘grey corporate hellscape’ after CEO demands they come to the office—even without space to seat them
Starling Bank operates entirely online—however, it’s 3,000-plus-strong workforce will be required to come into the office more. Read More
LVMH’s Hennessy plan to trial bottling in China and bypass tariffs sparks hundreds protesting on home turf
The cognac industry, which is heavily dependent on exports, now fears it will be targeted in the United States as ...
Airline exodus leaves Israelis and their companies isolated
Of the 20 airlines that dominated the market before the war, Israeli companies are nearly the only ones remaining. Read ...
Piper Sandler says this tech stock that’s up 700% in 2024 has more room to run
The firm initiated coverage with an overweight rating and $400 price target on shares, implying shares could climb an additional ...
Tokyo Metro brought in to run London’s Elizabeth Line
Japanese subway operator is part of consortium that will take over from Hong Kong’s MTR