Business
Ken Griffin’s Citadel bets £300mn against drugmaker GSK
Hedge fund’s short position is the biggest in the FTSE 100 group in more than a decade
Wall Street banks have sold almost all $12.5bn of debt tied to Elon Musk’s Twitter purchase
Investor perception of debt has changed since Donald Trump’s election victory
Nearly 1,300 CDC employees are being forced out as Trump demands the agency rid itself of all probationary employees
“That sort of slash-and-burn approach is what will cause continued disruptions in our understanding of diseases,” one expert said. Read ...
Goldman Sachs targets leading role in active ETFs in Europe
Competition heats up as other fund groups are poised to expand product ranges
Chevron layoffs come as energy giant unlocks more crude with far fewer rigs in the heart of the U.S. oil patch
“So we’ll have an asset that will produce something over 1 million barrels a day for many, many years into ...
Forget the US — Europe has successfully put tariffs on itself
High internal barriers and regulatory hurdles are far more damaging for growth than anything America might impose
World leaders expected clarity on Trump’s peace plan for Ukraine. Instead, JD Vance scolded them on immigration and lectured them about censorship
“If you’re running in fear of your own voters there’s nothing America can do for you,” the vice president said. ...
Elon Musk’s DOGE launched its website. It was hacked within days
“this is a joke of a .gov site” Read More
The tragedy of Britain’s assisted dying debate
If the bill does go through, it is so narrowly drawn that few people will qualify
The Ambani succession plan: Asia’s $90.5 billion dynasty lets three heirs carve their own paths
Nita Ambani says her three children are choosing the roles they take in Reliance Industries instead of being told by ...
Family values cosplay takes over the Oval Office
Save us from the ‘performative parenting’ of Musk and Vance
Zelenskyy says he believes Trump is the key to ending the Russia-Ukraine war—but mentioned it was ‘not very pleasant’ Trump spoke to Putin first
The Ukrainian president says he will only agree to meet in-person with Vladimir Putin after Trump negotiates a plan. Read ...
GameStop CEO Ryan Cohen fuels speculation retailer will invest its $4.6 billion cash pile in Bitcoin
Reportedly the games retailer is considering whether to invest some of the cash in its war chest to buy BTC ...
JD Vance says he fears Europe’s ‘threat from within’
Vice-president’s confrontational speech suggests alleged infringements of democracy would undermine US backing
Glencore held talks over sale of multibillion-dollar African copper mines
Potential disposals in DR Congo and Kazakhstan could be biggest by Swiss miner since Gary Nagle took charge in 2021
What to know about ERGs under the new Trump administration
Trump’s executive orders around DEI have some private employers rethinking how they operate their employee resource groups. Read More
While Big Tech heads to D.C., Signal’s Meredith Whittaker is looking to Europe: ‘This is where the cool, smart people are’
Signal wants to build an alternative to tech’s advertising business model. Read More
Syria flies in fresh banknotes from Russia as cash crunch hits economy
Shortage of local currency notes has impeded business since overthrow of Bashar al-Assad
John Collison on Stripe Billing’s rise, books, and ‘the tyranny of being first’
Stripe’s Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at the ...
Trump warns ‘great friend’ Modi of higher reciprocal U.S. tariffs: ‘Whatever India charges, we charge them’
Trump, who had previously derided India as the “tariff king,” called the import levies imposed by Modi’s country “very unfair ...
USAA’s CFO joined the company as an intern. Here’s how his 20-year journey led to the C-suite
Brett Seybold began his tenure as finance chief in July 2024. Read More
Uber’s CEO says no one wants to compete with Tesla—or Elon Musk
Tesla’s Cybercab, or robotaxi, was announced last October and is due to hit the roads in Texas this June as ...
Texas judge fines New York doctor over $100,000 for prescribing abortion pills to a woman near Dallas
The ruling that could test “shield laws” in Democratic-controlled states where abortion is legal. Read More
Trump’s EPA chief will try to claw back $20 billion in clean-energy grants awarded by Biden
Lee Zeldin cited “an extremely disturbing video” on X that features a former EPA staffer stating that the Biden administration ...
Mexico’s President Sheinbaum said her government would ask Google to make ‘Mexican America’ pop up on maps of the U.S.
Sheinbaum has repeatedly defended the name Gulf of Mexico, saying its use dates to 1607 and is recognized by the ...
Gen Z is rejecting Boomer work rules in 5 key ways that will help them win at work
Young workers are ‘cheating’ at work, setting work-life boundaries, and prioritizing their mental health. Read More
Trump admits he doesn’t know why Elon Musk met with India’s Modi—but claims the DOGE boss is on a leash
President Trump insists that he is across Musk’s conflicts of interest while working at DOGE—despite not knowing if the richest ...
How Stripe’s billing experiment propelled a $500 million AI-fueled business
Stripe’s ascendant Revenue and Finance Automation division, anchored by Stripe Billing, crossed $500 million in annual revenue run rate at ...
Larry Ellison wants the U.S. to ‘unify all the national data’ and then feed it to AI
Ellison is a Republican donor and friends with Trump’s federal cost-cutter Elon Musk. Read More
Economist warns Trump plan for reciprocal tariffs on U.S. trading partners could backfire: ‘A fundamental misunderstanding of how the global economy works’
Wells Fargo analysts said in a Thursday report that the tariffs would likely hurt growth this year, just as the ...
