Business
Elon Musk unveils Tesla’s Cybercab—no steering wheel, no pedals, $30K price tag
Musk also revealed the Optimus robot, which can babysit and bartend. Read More
China’s real intent behind its stimulus inflection
Technology and self-sufficiency matter more than growth and profits
Barack Obama says Black men’s support for Trump is ‘not acceptable’
Former president chides ‘brothers’ for not backing Kamala Harris
‘Cutting leeks’: Beijing sparks a retail stock trading frenzy
Small investors have piled into Chinese equity markets but many have already been burnt by wild price swings
Feds slap TD Bank with $3.1 billion in fines for money laundering of fentanyl trafficking and terrorist financing
The Justice Department say TD allowed child traffickers, fentanyl rings and others to operate on its network. Read More
CD&R beats rivals in pursuit of €15.5bn Sanofi consumer health unit
US private equity group nears deal for pharma spin-off after edging out PAI-led consortium
Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett’s Berkshire Hathaway cut its stake in Bank of America below an important level.
Fintech market stirs as Celero seeks a buyer while Finexio looks for minority investor
Mergers remain slow ahead of U.S. presidential election Read More
Tesla robotaxi event comes after a decade of Elon Musk’s driverless dreams
Tesla’s robotaxi event on Thursday will test investors faith in Elon Musk’s vision
Here are the facts that activist critics of Pfizer CEO Albert Bourla are missing, according to a Yale analysis
‘Some misleading narratives about Bourla’s leadership that have been put forward have been distinctly unfair,’ write Jeff Sonnenfeld and Steven ...
Stellantis unveils management shake-up at global car brands
Chief executive Carlos Tavares seeks to turn fortunes around amid falling profits, production issues and fights over EVs
UK executives dump shares on fears of Labour capital gains tax raid
Public filings show disposals have doubled in wake of election and ahead of crunch Budget
Stocks making the biggest moves midday: First Solar, Tesla, CVS, TD Bank and more
These are the stocks posting the largest moves in midday trading.
Florida surveys Hurricane Milton’s wreckage
City of Tampa avoids the worst as the millions wake up to power outages and flooding
Stacey Abrams thinks about her work and career like a ‘freeway’: ‘It’s my job to pick the lane that gets me where I need to be’
“Public service is the intention; public office is the tool,” Abrams said at Fortune’s Impact Initiative conference on Wednesday. Read ...
The Fed is finally cutting rates, but banks aren’t in the clear just yet
When the Federal Reserve cut its benchmark rate by half a percentage point last month, it boosted prospects for many ...
Fresh inflation data is here. And more jumbo Fed rate cuts seem unlikely
In remarks this week, a slew of Fed officials have said they’re still willing to keep cutting their key rate ...
Starboard plotted a campaign against Pfizer’s chief. Then a blank email dropped in his inbox
A seemingly misfired message has embroiled Albert Bourla and his company in a high-stakes activist battle
My tech startup failed due to 3 mistaken assumptions—entrepreneurs take note
The failure of Viblio wasn’t about execution, it was about business assumptions that led us astray. Read More
Cheapest UK mortgage deals hit by rise in government borrowing costs
Barclays pulls best-priced home loan rate with other lenders set to follow suit
US inflation fell to 2.4% in September
Figures for headline and core rates marginally surpass expectations
US inflation fell to 2.4% in September
Figures for headline and core rates marginally surpass expectations
‘Lighter touch’ process for dismissals planned under UK workers’ bill
Government concession follows fierce lobbying from business groups
‘Lighter touch’ process for dismissals planned under UK workers’ bill
Government concession follows fierce lobbying from business groups
Delta shares bounce back after airline reveals $380 million hit from CrowdStrike outage
Delta struggled to recover from the massive IT outage in July after a failed software update from cybersecurity company CrowdStrike. ...
Delta shares bounce back after airline reveals $380 million hit from CrowdStrike outage
Delta struggled to recover from the massive IT outage in July after a failed software update from cybersecurity company CrowdStrike. ...
EU plywood dumping probe opens new front in China trade dispute
Investigation into cheap wood exports follows producers’ claim the products originated in Russia
EU plywood dumping probe opens new front in China trade dispute
Investigation into cheap wood exports follows producers’ claim the products originated in Russia
Nobel win for Google DeepMind cofounder shows progress towards vision of ‘AI scientists’
Demis Hassabis has long-championed the idea of AI as a tool for advancing scientific discovery. Read More
Nobel win for Google DeepMind cofounder shows progress towards vision of ‘AI scientists’
Demis Hassabis has long-championed the idea of AI as a tool for advancing scientific discovery. Read More
