Business

Prosecutors seek years in prison for Trump Media insider trading Shvartsman brothers

Three men convicted of insider trading related to a company’s planned merger with Trump Media are awaiting sentences in New ...

Ridesharing giants Uber, Lyft jump after Tesla’s ‘toothless taxi’ fails to excite investors

Tesla’s hyped robotaxi unveiling posed a threat to Uber’s ride-sharing aspirations, but it’s turned into a boon for the stock ...

How a break-up of Google could transform tech

The Department of Justice’s proposal to shake up the company is a seminal moment for the industry. If it prevails ...

United Airlines is planning its biggest international expansion ever

United Airlines is adding eight new international destinations to its itinerary for next summer as well as new routes. Read ...

British Airways to axe hundreds of flights over shortage of planes

Airline blames cancellations on delayed deliveries of Rolls-Royce engines and parts for its Boeing 787 fleet

Microsoft CEO Satya Nadella calls two CEOs a day—here’s what he asks

Nadella uses these calls to expand his network. Read More

Here’s the deflation breakdown for September 2024 — in one chart

Prices in segments of the U.S. economy, like some imported goods, consumer electronics and gasoline, have deflated since September 2023.

JPMorgan shares surge as earnings beat Wall Street estimates

JPMorgan shares rose 4.6% in morning trading. Read More

Man shows car; shares fall

FSD ≠ EMH

‘The people’s mandate’: Why your vote matters no matter where you live

Even though the Electoral College decides the presidency, a decisive popular vote can fundamentally shift the nation’s course. Read More

COVID-19 raises the stakes for heart attacks, strokes, and even death long after infection, new study finds

‘You may have forgotten that you had COVID years ago, but it has not forgotten about you.’ Read More

The unpleasant fiscal arithmetic holding back UK growth

The scale of public investment required sits uneasily with the current fiscal rules but there is an escape route

It’s about time bankers were cool again

The stigma that finance has long endured is both out-of-date and unwarranted

Deadly elevator malfunction traps tourists in historic Colorado mine—cause remains a mystery

Investigators were unsure of the last inspection date of the elevator before the accident that left one dead. Read More

Billions of dollars in potential refinancing savings lost as mortgage rates climb

Mortgage rates aren’t so close to the magic number anymore. Read More

Tesla shares fall after Musk’s glitzy ‘Cybercab’ event disappoints

Stock drops 8% as investors are underwhelmed by lack of detail about planned autonomous fleet

Gen Z wants an early shot at leadership

Companies need to show Gen Z a career path, says Kalani Leifer, CEO of COOP Careers. Read More

JPMorgan and Wells Fargo beat forecasts as US consumers show resilience

Earnings from two of the biggest US banks point to ‘soft landing’ for economy

Elon Musk’s robotaxi event proves a flop, driving Tesla shares down 7%

Rather than riding the stock’s recent momentum, the robotaxi unveiling proved to be the “sell the news” event some analysts ...

Israeli strikes on central Beirut kill 22

Lebanese capital on edge after fresh attacks in city crammed with people fleeing fighting further south

Bank of America’s Brian Moynihan credits his long tenure atop the firm to lifelong learning and curiosity

Bank of America CEO Brian Moynihan says crises provide the best teaching opportunities for leaders. Read More

Short seller of $17 billion real estate giant accuses CEO of concealing millions in self-serving dealings

Blue Orca, an activist investment firm that admits it is biased and cannot ensure complete accuracy in its report, argues ...

Jamie Dimon says global politics are ‘treacherous and getting worse’—so he’s preparing for anything

In JPMorgan Chase’s third quarter earnings release Jamie Dimon also mentioned inflation, national debt and trade restructuring. Read More

BlackRock’s assets under management surge to record $11.5tn

Shares hit new peak as a rebound in markets boosts results for the world’s largest money manager

Forget acid washed! Wrangler partners with Coors Banquet for beer wash jeans

Win a pair between now and Oct. 21. Read More

Tehran urges Gulf states to stay ‘neutral’ amid Israel tensions

Flurry of diplomacy with regional rivals aims to contain impact of Israeli retaliation against Iran

Benjamin Netanyahu, Israel’s emboldened wartime leader

After the offensive in Gaza and invasion of Lebanon, the longtime premier is now weighing whether or how to strike ...

Cerebras IPO has ‘too much hair’ as AI chipmaker tries to sell Wall Street on Nvidia alternative

Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags ...

Kamala Harris needs her own ‘bro outreach’

The vice-president faces a problem with men, and she needs to direct positive vibes their way