Business

Hurricane Milton strengthens again as Florida residents urged to leave

People living in 14 counties ordered to evacuate as storm predicted to devastate areas in its path

GM expects 2025 earnings to be similar to this year despite industry headwinds

The Detroit automaker’s targeted adjusted earnings before interest and taxes this year is between $13 billion and $15 billion, or ...

Europastry’s ‘frozen croissant’ IPO delayed a second time

Gallés family withdraw flotation after bankers say prospective €1.5bn valuation was thought to be too high by some investors

Obesity drugs could cost US health insurance system $35bn, study finds

CBO analysis says savings from other health benefits would not offset the expense of weight-loss jabs

Wall Street soars as Hong Kong sees biggest single-day drop since 2008

The group of tech stocks known as the “Magnificent Seven” all rose on Tuesday, with the largest gain in tech ...

Heidrick & Struggles’ new president got passed up to become CEO by an outside hire. This is his advice so it doesn’t happen to you

Tom Murray says that CEO candidates need to be honest about their strengths and weaknesses, and to talk with the ...

“Below Deck” boat captain Sandy Yawn shares the secret to assembling a dream team

The beloved reality television personality says she looks for certain qualities and doesn’t skimp on rewards. “You pay peanuts, you ...

Business seeks clearer timetable on UK worker rights overhaul

Unions and employer groups receive briefing of draft legislation ahead of its publication on Thursday

Pfizer chief Albert Bourla to meet activist investor Starboard Value

Fund run by Jeff Smith builds $1bn stake in vaccine maker and pitches shake-up plan

How to become a product manager

These are the 5 steps to start your career in the growing field of accounting. Read More

Spirit Halloween to open 10 new ‘Spirit Christmas’ stores catering to holiday shoppers

Spirit Halloween’s usual trick-or-treat and go is no longer, as the company announced it will open “Spirit Christmas” locations through ...

General Atlantic CEO says higher taxes will not harm investing

Bill Ford says his approach would not change if the so-called carried interest loophole is closed

Activist Elliott says its long-term view on Anglo American is ‘very much intact’

Hedge fund’s partner Nabeel Bhanji says BHP approach during its stake building was ‘genuinely annoying’

Group of smaller stocks is primed for major gains ahead, according to Oppenheimer

Oppenheimer gave its list of top picks in the small- and mid-cap universe.

Abu Dhabi writes off 9.9% stake in Thames Water

Writedown comes as UK government is hoping to attract institutional investors

MicroStrategy soars 6% to hit highest stock price since March 

MicroStrategy began investing in Bitcoin in 2020 and has amassed 252,220 Bitcoin worth $16 billion. Read More

Trump Media stock soars up to 19% as DJT extends longest rally since June

Trump Media, majority-owned by Republican nominee Donald Trump, operates the Truth Social platform and trades as DJT on the Nasdaq.

Roblox tumbles as Hindenburg bets against gaming platform

Hindenburg said in its report that Roblox has inflated key metrics and alleged that it doesn’t have sufficient safety screens. Read More

Pension funds call for UK fiscal rule change to spur investment

Current definition means government is ‘actively discouraged’ from spending on infrastructure

Chevron in talks to sell Texas gas assets to Tokyo Gas for up to $1bn

A deal would bolster Japanese group’s drive to secure supplies for its home country, which relies on fossil fuel imports ...

France 2024 wine production seen dropping 22% on bad weather

Bad weather has also damaged other crops across France, the European Union’s biggest agricultural producer. Read More

Harris struggles to say how she would differ from Biden

US vice-president has sought to cast herself as change candidate in White House race against Donald Trump

Exclusive: Sixth Street takes a stake in atVenu as part of latest push into live events

Sixth Street was one of several PE firms approved to invest in NFL teams Read More

To build a more robust talent pipeline, invest in career education

There’s a gap between the industries struggling to hire the workers they need and the public schools struggling to expose ...

Hugging Face cofounder Wolf says open-source AI’s benefits far outweigh its risks

Open-source models are the antidote to today’s concentration of power in AI technology, Wolf says. Read More

AI firm Super Micro surges 20% despite short seller allegations, reported DOJ probe

Shares of the manufacturing company recovered after Super Micro reported that it would be shipping more than 100,000 GPUs per ...

Harris proposes historic expansion of Medicare to cover long-term care at home

Vice President Kamala Harris announced a new proposal on Tuesday that would require Medicare to cover the costs of long-term ...

AI firm Super Micro surges 20% despite short seller allegations, reported DOJ probe

Shares of the manufacturing company recovered after Super Micro reported that it would be shipping more than 100,000 GPUs per ...

Harris proposes historic expansion of Medicare to cover long-term care at home

Vice President Kamala Harris announced a new proposal on Tuesday that would require Medicare to cover the costs of long-term ...

OpenAI announces content deal with Hearst

OpenAI announced a partnership with Hearst, the media conglomerate behind outlets like the Houston Chronicle, the San Francisco Chronicle, Esquire and ...