Business

Elon Musk wants to tear out entire federal agencies: ‘It’s like a weed. If you don’t remove the roots, the weed will grow back’

OSTN Staff

Musk said the action of “deleting” entire agencies is necessary to prevent future administrations from rehiring what he believes are ...

Federal judge clears key hurdle for Trump and Musk’s government employee buyout plan

OSTN Staff

The Boston-based judge’s order in the challenge filed by a group of labor unions was a significant legal victory for ...

Ken Griffin says he is ‘so appreciative’ of Elon Musk’s DOGE cuts but slammed Trump’s tariffs, saying they’re ‘what you do in the death throes of a nation’

OSTN Staff

The Citadel CEO said Trump’s tariffs will have “a permanent and adverse effect.” Read More

Senate confirms Tulsi Gabbard as Trump’s intelligence chief as GOP falls in line—except for one senator

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Gabbard is an unconventional pick to oversee and coordinate the country’s 18 intelligence agencies, given her past comments sympathetic to Russia. Read ...

Unilever warns of a ‘subdued’ start to 2025 as ice cream triple-listing looms, knocking investor confidence

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“Consistency is not about one good year. We know there is a lot still to do,” Unilever CEO Hein Schumacher ...

How Europe responded to Trump’s talks with Putin

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EU capitals expressed shock and alarm at Ukraine appearing to be cut out of talks to end war

Siemens reports a 52% jump in profits despite weak demand across most of the world

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Group-wide revenue was up three percent in Q1 to 18.4 billion euros. The German giant said it still anticipates its ...

Succession at Bain & Company

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Also: Trump wants rate cuts but inflation is up, Robinhood’s blockbuster earnings. Read More

Elliott builds £4bn stake in BP and seeks big asset sales

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US activist hedge fund wants oil major to cut spending on renewable energy as it becomes its third-largest shareholder

Surge in 18-year-olds applying for UK engineering degrees

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University admission data also highlights that students are deserting nursing and teaching courses

Hamas says it will continue releasing Israeli hostages

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Militant group had threatened to suspend releases after accusing Israel of breaching ceasefire agreement

Honda and Nissan scrap merger talks after clash over control

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The firms’ intention to join forces had been seen as a bid to catch up with U.S. titan Tesla and ...

European defence industry’s search for scale

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Boosting the bloc’s defences will be among the discussions at Munich’s security conference this week

Several injured as car drives into people in Munich

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Incident comes ahead of annual security conference and German election

Gen Z has a different attitude about one-night-stands than millennials did 20 years ago. Their idea of marriage has changed, too

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Isolation during the pandemic fueled Gen Z’s romantic idealism and attitudes about dating and marriage. Read More

Denver Public Schools sues Trump administration to keep ICE agents off school grounds

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Colorado’s largest public school district argued in the federal lawsuit that the policy has forced schools to divert vital educational ...

One by one, Republicans are speaking up against billionaire Elon Musk’s slash-and-burn DOGE tactics

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Even Republicans are wary of DOGE as the department takes aim at research, agriculture, and national parks. Read More

Heavy rains, strong winds threaten California’s burn zones as ‘atmospheric river’ looms

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Meanwhile, Portland coated its streets with 2,000 gallons of liquid anti-icer while officials in Oregon and Idaho opened emergency shelters ...

Nestle sales exceed predictions but reports drop in profit—just months after CEO shakeup

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Nestle’s shares have slumped in the past year as the group raised prices to cope with high inflation across major ...

Trump keeps joking about a third term. Here’s what the constitution says

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Over the years, Trump and his supporters have often joked about him serving more than his two constitutionally permitted terms. ...

Doctor and architect who fled Cuba only to get stuck south of the border turn to their Plan B: ‘Now, it’s the Mexican dream’

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Migrants trying to apply for asylum in Mexico in January more than tripled compared to the monthly average from the ...

U.S. eggs prices hit an all-time record of $4.95, and relief is not expected any time soon

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When are egg prices expected to go down, and how bad is the bird flu outbreak? Read More

Inflation, egg prices, and gas prices all rose in January; Trump blames Biden

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“Trump campaigned on lowering costs for working families but today’s inflation data highlights how he is failing to deliver on ...

Workers are slowly getting dragged back to the office but the RTO battle isn’t over yet  

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“I don’t think we’re going to get back to where we were pre-pandemic.” Read More

Baidu shares pop after it makes ERNIE, its flagship AI model, free in a bid to catch up to its competition

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Baidu’s ambitious play could intensify an ongoing price war in China’s competitive AI sector. Read More

Barclays returns to profit in fourth quarter

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Revenue and earnings come in above expectations

She teaches millions about personal finance online. Here’s what Erika Kullberg thinks you should know about managing your money

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From why you should have an emergency fund to how Gen Z can budget better, the attorney and social media ...

Ex-intern becomes billionaire in Australia pharmacy merger

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Mario Verrocchi, who rose from intern to become Chemist Warehouse CEO, is now worth at least $2.5 billion after a ...

Jollibee shares rally after foreign ownership cap scrapped

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The move could allow more foreign participation in Jollibee, which outsells McDonald’s and KFC in the Philippines. Read More

UK economy unexpectedly grew by 0.1% in fourth quarter

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Economists had forecast a 0.1% contraction, according to a poll from Reuters