Business

Bitcoin thief sentenced to 5 years in prison for stealing $1 billion in crypto and laundering it with his social-media rapper wife ‘Razzlekhan’

In August 2016, Ilya Lichtenstein hacked into a virtual currency exchange, Hong Kong-based Bitfinex, and stole approximately 120,000 bitcoin. Read ...

COP29 reveals world’s most polluting states and provinces are all in China—except for one U.S. exception

Seven states or provinces spew more than 1 billion metric tons of greenhouse gases, all of them in China—except Texas. ...

Advance Auto Parts is closing 500 stores and shedding 200 independent locations to try to turn its business around

North Carolina-based Advance Auto said that it would be reducing its U.S. footprint as part of a “strategic plan to ...

Donald Trump looks for one quality above all else as he fills his new administration

“I think he’s placing a premium on loyalty over governance. And that’s dangerous for the country.” Read More

U.S. finalizes $6.6 billion chips award for TSMC ahead of Trump return

The U.S. Commerce Department said it has finalized a $6.6 billion government subsidy for TSMC’s U.S. unit for semiconductor production ...

FDA announces new rules to make TV drug ads clearer as Trump nominates RFK Jr., who wants to ban them

The FDA spent more than 15 years crafting the guidelines, which are designed to do away with industry practices that downplay ...

Why Fortune is heading to Riyadh

It’s hard to think of a country that has tried to change at the scale or speed of Saudi Arabia. ...

Trump wants to end ‘wokeness’ in education by cutting funding for schools that defy him

The president-elect wants to keep transgender athletes out of girls’ sports. He wants to forbid classroom lessons on gender identity and structural ...

Thailand aims to legalize casinos next year in win for global players

The Thai government says it has received interests from “big investors with world-class experience” Read More

Ben & Jerry’s sues parent Unilever for muzzling it over Gaza

“We reject the claims made by B&J’s social mission board, and we will defend our case very strongly,” Unilever said ...

Trump’s choice of Florida men for top administration jobs turns the Sunshine State into land of political opportunity

Under federal and state law, the processes for filling vacancies in the U.S. House and Senate are different. Read More

China stimulus boosts domestic consumption as Trump tariffs loom

Retail sales expanded at the fastest in eight months in October, according to figures published by the National Bureau of ...

John Lennon’s rare Patek Philippe was stolen, sold for €600,000 and smuggled through Germany and Switzerland—but after 44 years it’s finally returned to its rightful owner

“Yoko Ono is the owner of John Lennon’s watch,” the Federal Supreme Court of Switzerland ruled. Read More

Do I need inheritance tax insurance?

Budget changes prompt wave of interest in life cover to avoid families scrambling to pay tax bills

Why Josh Kushner, the lead investor in OpenAI, likes to hire people with less than 4 years of investing experience

The Thrive Capital founder isn’t looking for the most senior candidate, rather someone who can pave the new way Read ...

Asset manager says China’s ‘extreme valuations’ look ideal for stock picking

Pzena Investment Management sees more opportunities in China and Japan.

TikTok’s viral ‘Winter Arc’ trend helps get ahead of New Year goals. Here are 4 tips to get started

The latest obsession on TikTok is the “Winter Arc” challenge, which sees young people get ahead of their New Year’s ...

World’s largest olive oil producer says ‘liquid gold’ prices on track to halve from record levels

Spain’s Deoleo, the world’s largest olive oil producer, says one of the most challenging moments in the industry’s history appears ...

UK economy grew 0.1% in third quarter

Data comes less than a month after chancellor Rachel Reeves increased taxes and borrowing in the Budget

UK economy ekes out 0.1% growth in the third quarter, below expectations

The U.K. economy expanded by 0.1% in the third quarter of the year, the Office for National Statistics said Friday.

The undercover hedge funds financing activist short sellers 

When Wall Street’s self-styled financial detectives allege malfeasance, these silent partners stand to reap the benefits

How to dodge a trade tariff

As Trump prepares to return to the White House, it might be time to dust off that soyabean cookbook

Trump broke the Democrats’ thermostat

The American left was sent spinning in 2016 and is yet to recalibrate

Taxpayers set to lose out under Gupta’s UK steel unit restructuring plans

Claims by HMRC would be reduced 80% in restructuring of its Speciality Steel UK business

Companies rush to US bond market as Trump rally cuts borrowing costs

Borrowers ‘strike while the iron’s hot’ to raise more than $50bn this week

VAT on school fees: ‘We have had to make the decision to pull her out’

Backlash from parents over levy on UK’s private education sector

Donald Trump’s rubber-stamp government takes shape

The president-elect has picked a devoted coterie to concentrate power around one person: himself

CSX CEO talks tariffs and manufacturing: ‘As long as the economy’s growing, we’ll be a part of it’

CSX operates primarily on the East Coast, providing rail and intermodal freight transport services.

Jim Cramer names hot sectors that could use a pullback

CNBC’s Jim Cramer on Thursday named sectors that have seen major gains recently and warned investors not to buy them ...

Walking more could add as much as 11 years to your life, study says. Here’s how

Most Americans aren’t hitting recommended exercise per week—but doing more could mean a longer life. Read More