Business
Brent crude nears $80 as hedge funds reverse bets
Oil price has climbed over the last week amid fears of escalating conflict in the Middle East
Southeast Asia scammers stole up to $37 billion in 2023, UN says
Organized crime in Southeast Asia “is evolving faster than in any previous point in history,” according to a UN report. ...
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day.
Robotaxis are here but the public is reluctant to embrace them
Waymo provides 100,000 paid rides per week in the U.S. cities where it operates, and Tesla is unveiling its robotaxi ...
Here’s when your employee might deserve a higher salary than you
Leadership titles don’t always warrant higher compensation than your team members. Read More
Stocks making the biggest moves premarket: Apple, Amazon, Pfizer, Hershey and more
These are the stocks posting the largest moves in premarket trading.
The serial entrepreneur behind Merit, Versed, and Cameron Diaz’s Avaline found repeat success by targeting the ‘xennial’ female shopper
The ‘xennial’ influences purchasing decisions for her older parents and her Gen Z daughter. Read More
Markets are finally believing Fed chair Jerome Powell will pull off his soft landing
“The general direction of U.S. employment signals an economy very far from ‘recession,'” wrote UBS chief economist Paul Donovan. Read ...
Mary Barra attributes her rise to GM’s corner office to a pivotal breakthrough: ‘It was not just about how hard I worked’
GM CEO Mary Barra took the top spot on Fortune’s Most Powerful Women ranking. Read More
Hybrid work is making more workers dine out on Sundays, pizzeria chain boss says, and it’s making bosses nervous
Workers are indulging themselves on Sundays in anticipation of a slow start to the week, but bosses are cracking down. ...
Commerzbank’s new CEO vows to fight UniCredit takeover, saying tie-up would be ‘extremely difficult’
Commerzbank’s new CEO Bettina Orlopp vows to resist a UniCredit takeover, warning it would harm the German bank’s credit rating ...
Goldman raises forecasts for China stocks after Beijing’s stimulus pledge
Investment bank says Chinese equity valuations remain cheap as market is poised to reopen following buying frenzy
Initialized Capital’s recent layoffs are part of a much larger (and longer) cycle
When Initialized Capital announced layoffs last week, social media hummed. But the underlying forces are bigger than any one firm. ...
Gen Z have settled on the new age when adulthood starts
Gen Z is extending the timeline for adulthood, with many not considering themselves fully grown until nearly 30. Read More
Mike Johnson won’t commit to bringing House back before the election for more hurricane relief
In a letter to congressional leaders, Biden urged Congress to restore funding to the Small Business Administration’s disaster loan program ...
Nobel Prize in medicine awarded to 2 U.S. scientists who discovered microRNA, which regulates gene activity
If gene regulation goes awry, it can lead to serious diseases such as cancer, diabetes, or autoimmunity. Read More
Gen X is the most overlooked generation in the workplace as they struggle to be recognized and stay engaged
The sandwich generation is caring for their families while supervising company teams. Read More
Milton increases to a Category 2 hurricane as Florida prepares for massive evacuations
Hurricane Milton was moving eastward through the southern Gulf of Mexico early Monday morning and likely to become a major ...
Europe’s largest economy is set to decline for the second year in a row, according to German media reports
Germany was hit hard by an industrial slowdown, cooling export demand and surging energy prices following Russia’s invasion of Ukraine. ...
Hong Kong and Japan shares rally after U.S. jobs report
Hong Kong shares jumped again, rising 1.60% the day before mainland China markets reopen. Beijing said it would explain the ...
7 out of 10 employees dangerously underestimate or overestimate their skill levels, new analysis finds
The ‘unknown unknowns’ come at the highest cost: Employees who overestimate their skills and have gaps that prevent confident and ...
Monday’s analyst calls: Netflix gets an upgrade, Jefferies downgrades Apple
A major streaming company and a tech giant were among the stocks being talked about by analysts on Monday.
Florida gears up for massive evacuations as Hurricane Milton takes aim at Tampa and Orlando
Hurricane Milton was “moving erratically eastward through the southern Gulf of Mexico” early Monday morning and likely to become a ...
Operational leadership in companies and the Supreme Court
The COO role is making a comeback, often combined with other roles, as companies look for operational excellence. Read More
A Goldman Sachs job is a ‘golden ticket’—over 300,000 young bankers try to get one each year
Applicants need to show sincerity when applying for Goldman’s intern program, which accepts fewer than 1% of applicants Read More
More Black and Latina women are leading unions and changing how they work
Black and Latina women are starting to gain ground, landing top positions at some of the biggest unions in the ...
Everything is permitted
Ubisoft sale, Meta movies, Texas TikTok, Google news battle, EU privacy. Plus: Apple Intelligence and “Salt Typhoon” cyberattacks. Read More
What Donald Trump’s no-tax pledges on tips, overtime and Social Security could cost
Donald Trump has pledged to end taxes on everything from tips to Social Security and overtime pay if he’s elected ...
Richemont to sell struggling Yoox Net-a-Porter to Mytheresa
Losses at YNAP have cost its parent billions of euros in writedowns
Rio Tinto in talks to buy Arcadium Lithium
Deal would make miner one of world’s largest producers of key battery material
