Business

Italy seeks to raise more windfall taxes from companies

Finance minister says ‘everyone must contribute’, not just banks

The Oura Ring got a facelift. Here’s what to know about the newly released wearable 

Women in their 20s are the fastest growing cohort of users. Read More

A recession is imminent and favored tech stocks are set to crater, BCA Research says

The rise and fall of the Nifty Fifty stocks in the 1970s is a cautionary tale for investors in the ...

Google begins wide rollout of ads in AI overview search results

The move is meant to show investors that costly artificial intelligence projects can generate revenue. Read More

Here’s everything to expect when the September jobs report is released Friday

Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of ...

Elon Musk set to face SEC investigators after skipping last meeting

Musk failed to show up to previous meetings with SEC lawyers, who have since urged a judge to sanction him ...

Republican Senate candidate calls Vance ‘crazy’ for refusing to endorse 2020 election result

Larry Hogan fears the party’s candidates for Congress could lose because of Trump’s divisive rhetoric

Steinhoff’s former finance chief sentenced to prison in South Africa

Ben la Grange becomes most senior executive to be held accountable for the €6.5bn fraud

CEOs shouldn’t worry about the economic fallout of the Israel-Iran conflict—yet

There’s a risk of ‘immediate, massive implications’ if either side starts to target oil infrastructure. Read More

This is what happens when shipping containers fall overboard and burst open

Cargo ships can lose anywhere from a single container to hundreds at a time in rough seas. Read More

Anglo American chief says not ‘inevitable’ buyer will emerge after group slims down

Wanblad plays down prospects of new bid after failed BHP takeover attempt

Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos

Damola Adamolekun says the company’s endless shrimp offering hurt “one of the most important companies in American history.” Read More

Tesla’s Cybertruck is falling apart, but is still leaving the shelves

Elon Musk’s EV was recalled for fifth time this year Read More

Big AI thins out the competition as startups quit the race to build large language models

Character.AI said it’s abandoning its efforts to build LLMs because it’s gotten “insanely expensive” to compete with the big guys. ...

MPs to get free vote on UK assisted dying bill

New legislation giving the terminally ill the choice to control their death to be tabled this month

QVC gets into the live sports business—with pro pickleball

Network to become the exclusive broadcaster of USA Pickleball. Read More

U.S. clean energy careers are booming—but you wouldn’t know it if you look at the monthly jobs report

Failing to highlight renewable energy as a standalone category in the monthly jobs report is a missed opportunity. Read More

Nvidia stock surges as CEO touts ‘insane’ demand for new Blackwell AI chips

Huang also announced a partnership with IT consulting giant Accenture to boost corporate AI adoption. Read More

Revolut urges Meta to share cost of reimbursing fraud victims

Financial and tech groups at odds about how to tackle and pay for the problem

Oil surges after Biden’s comments on Israeli retaliation

US president says discussions held over potential strike on Iranian oil facilities

Radar maps show scale of damage from Israeli strikes on Lebanon

Satellite data shows more than 3,100 buildings affected as intense wave of attacks kills over 1,300 people

Top block trader Andrew Liebeskind exits LMR hedge fund after 10 months

Liebeskind previously worked at Ken Griffin’s Citadel

Coinbase’s venture arm will boost earnings in coming year, VP says

Shan Aggarwal says Coinbase Ventures has carried out “selective exits.” Read More

Libya restarts oil production after political crisis

Resumption helps allay concerns over potential disruption from Middle East conflict

Sterling slides after Bailey says BoE could be ‘a bit more aggressive’ on rates

Bank of England governor opens door to a faster pace of rate cuts if inflationary pressures continue to ease

Latina wage gap widens to $1.3 million for full-time and part-time workers

Latinas working full time, year-round were typically paid just 58 cents for every dollar paid to white, non-Hispanic men.

Harris tries to lock in anti-Trump Republican voters

Liz Cheney to stump for Democratic presidential candidate in swing state Wisconsin on Thursday

Workers over 40 say they’re being passed over for promotions and cut out of higher salaries

Ageism is alive and well in the workplace, and it’s hurting workers’ mental health and productivity. Read More

Digital bank Revolut slams Meta over approach to scams, says tech giant should compensate victims

British fintech Revolut criticized Meta over its approach to tackling fraud and said the U.S. tech giant should directly compensate ...