Business

KFC parent to relocate some corporate staff, centralize offices
Taco Bell and Habit Burger & Grill will remain headquartered in Irvine. Read More

Former OpenAI technology chief Mira Murati launches rival start-up
Thinking Machines Lab to focus on making artificial intelligence ‘more widely understood’

DOGE reportedly fired the FDA employees who were reviewing clinical trials for Elon Musk’s Neuralink
The FDA approved human clinical trials for Neuralink’s brain implants in May 2023. Read More

Southwest to cut 15% of corporate jobs in first-ever layoffs
The layoffs challenge Southwest’s philosophy that happy employees would lead to happy customers, profitability and happy Southwest shareholders. Read More

Alphabet AI workers were illegally silenced about pay, complaint alleges
“We’re working on a product that is so valuable to Google… When we advocate for better conditions and challenge the ...

Appeals court blocks student loan relief for 8 million borrowers, keeping Biden-era SAVE program on ice
Student loan relief faces another setback as U.S. appeals court rules that the Biden administration overstepped its powers by granting ...

Donald Trump is giving out $50 worth of his memecoin to people who previously bought other merchandise
$TRUMP has lost nearly 80% of its value since launching last month. Read More

Republicans consider slashing Medicaid—a move that could siphon billions from the health care coverage offered to the poorest Americans
Republicans are weighing billions of dollars in cuts to Medicaid, threatening health care coverage for some of the 80 million adults ...

Former OpenAI CTO Mira Murati finally unveils her Thinking Machines Lab startup — and a leadership team stacked with former OpenAI colleagues
Former OpenAI chief technology officer Mira Murati, who departed the company in September 2024, has formally announced her new AI ...

High ranking U.S. and Russian officials’ ‘preliminary meeting’ on Ukraine war could have broad implications for the fate of Ukraine and the business world
Secretary of State Marco Rubio said the officials agreed to four principles. Read More

Saudi Arabia’s PIF seeks to evict Benko family from Innsbruck mansion
Demand by one of Signa Group’s largest creditors comes after property entrepreneur arrested for alleged embezzlement

Philippines ‘deeply disturbed’ by incident over shoal disputed by China
Manila’s foreign secretary says he is reassured by US commitment to alliance amid tensions with Beijing

Europe and the crumbling Atlantic alliance
The continent has been shocked by Trump’s antagonism but not yet jolted into action on defence

Cars could get more expensive again as tariff-loving Trump warns automakers: You’re next
The new administration is preparing to bypass Congress and unilaterally increase the 2.5% duty levied on most new light duty ...

Europe needs big defence players to catch up with US, says Belgian minister
Theo Francken says bloc’s fragmentation and high costs push European governments towards US weapons

UK Treasury rejects farmers’ proposed compromise on inheritance tax
Government will not back down on reforms outlined at Budget, industry told during meeting with officials

Elon Musk signals he wants DOGE to audit Fort Knox
Social media post asks “Who is confirming that gold wasn’t stolen from Fort Knox?” Read More

Spotify reportedly poised to launch a higher-priced tier for subscribers
Would you pay $6 more per month for higher fidelity? Read More

Russian ship under sanction over N Korea arms sails for Europe
Entry of notorious Maia-1 into European territory waters would pose fresh challenge to western sanctions system

Bill Gates warns of millions of deaths if Trump and Musk don’t reinstate axed foreign aid funding
Microsoft co-founder and philanthropist Bill Gates has pointed out that millions of lives will be lost if U.S. foreign aid ...

OpenAI considers new powers for its non-profit board to fend off hostile takeover from Elon Musk
OpenAI is reportedly considering a new tactic to fend off hostile takeover bids from Elon Musk. Read More

In defence of the state
A complex society is best served by a competent, professional and neutral public service

Wall Street pessimism hits its highest level in two years as investors worry about Trump’s tariffs
Almost half of individual investors are bearish. Read More

Nissan must first sack its CEO before Honda is reportedly willing to resume takeover talks
CEO Makoto Uchida could very well fall on his sword: “If everybody says we no longer need Uchida-san,” the head ...

Is the latest offer for the Capital One Venture Rewards Credit Card offer worth it? We take a deep dive into the costs and benefits of this limited-time special offer
The new limited-time offer for the Capital One Venture Rewards Card aims to balance upfront bonuses with long-term earning potential ...

Europe’s competitiveness is challenged. Together we can turn it around
Europe must focus on adopting gen AI in a way that prioritizes people, builds trust, and eradicates siloes. Read More

Traveling inspired the CEO of MNTN to create a 3-day weekend every month for employees
MNTN CEO Mark Douglas spoke with Fortune about the power of a getaway and sampling street food in Bangkok. Read ...

British couple charged with spying in Iran
Craig and Lindsay Foreman accused of having links to hostile intelligence services after arrest by Islamic Revolutionary Guard Corps

‘The Great Detachment’ has 79% of employees disengaged at work
Without proper pay and working arrangements, workers are finding it difficult to stay engaged at work. Read More

3-year study finds MacKenzie Scott’s $19 billion in charitable giving has been ‘transformational’ for nonprofits
A new report analyzes data from over 1,000 organizations that have received grants from the billionaire philanthropist. Read More