Business

Here’s how Biden could use a 1947 law to suspend the dockworkers’ strike

Biden has said, though, that he won’t intervene in the strike. Read More

IT’S OFFICIAL: OpenAI is worth $157 billion

The AI startup is grappling with a wave of high-level exits and internal debate about its business objectives, but it ...

LVMH signs major sponsorship deal with F1, replacing Rolex

The 10-year tie-up could be worth more than $1 billion with annual sponsorship fees topping $100 million. Read More

Costco adds platinum bars to its precious metals lineup

Gold bars launched at Costco in August 2023, and not even two months later were selling out within hours of ...

The market reaction to global tensions might not follow the old script

Even the dollar, which usually surges at times of geopolitical crisis, is showing only a modest pick-up

Starmer to repay £6,000 for gifts including Taylor Swift tickets

Prime minister will reimburse hospitality ahead of new ‘code’ over freebies

Amazon to increase number of ads on Prime Video

Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025

OpenAI closes funding at $157 billion valuation, as Microsoft, Nvidia, SoftBank join round

OpenAI closed its long-awaited funding round, announcing that it raised $6.6 billion at a $157 billion post-money valuation.

Top shale boss says US ‘unusually vulnerable’ to Middle East oil shock

Harold Hamm blames Joe Biden for decision to drain strategic petroleum reserve in recent years

More renters think Harris is the better candidate on housing, survey finds

Close to a third think Donald Trump would be better, according to Redfin. Read More

Trump vs. Harris: How the election will affect EV adoption

With electric vehicles, there’s a sense we’re in suspended animation, holding our breaths to see who wins the presidential election. ...

Why Aflac’s CIO won’t ever be first to market with generative AI—but is still finding ways to adopt the technology

Aflac CIO Shelia Anderson’s approach to generative AI is conservative, but with the proper guardrails and education in place, the ...

Nike stock dives after sneaker giant scraps investor day amid CEO shakeup

Analysts appear largely confident in Elliott Hill’s ability to spark a revival at Nike, but many also see a stock ...

The billionaire Murdoch heirs are battling for Fox News and their lucrative media empire in a Succession-style court drama

“‘King Lear’ is the greatest example in the English language of how not to do estate planning. This kind of ...

Military briefing: Where Israel could retaliate against Iran

IDF is widely expected to strike the Islamic republic following missile barrage

You can own one of Tom Brady’s watches—if you’re willing to shell out up to $800,000

The seven-time Super Bowl quarterback Sotheby’s auction begins in December. Read More

Trump Media stock is up 19% over the last 5 days

The price spiked on Tuesday after a flood of shares began trading as the market opened. Read More

OpenAI asks investors not to back rival start-ups such as Musk’s xAI

Sam Altman-led group wants exclusive arrangement as it closes in on latest $6.5bn funding round

EU moves to delay anti-deforestation rules

Green groups condemn proposed one-year postponement to give exporters more time to prepare

China stock ETFs rip higher even as mainland markets close for holiday

Exchange-traded funds overseas that track Chinese stocks continued their rally Wednesday even as mainland markets were shut for a week-long ...

First map of adult insect’s brain offers clues on neurological diseases

International collaboration plotted 149 metres of biological wiring in fruit fly

Bright light therapy used for Seasonal Affective Disorder can help treat other depressions, too

The new study, out of Brazil, revealed that BLT was an effective adjunctive treatment for nonseasonal depressive disorders. Read More

How to keep betting on a Meta breakout with protection in case of a pullback

Tony Zhang breaks down how to do a put vertical spread using options.

Tesla deliveries up 6% but short of expectations

Carmaker’s 462,890 vehicles slightly lower than Wall Street expectations of 463,000

Saudi foreign minister: A two-state solution is more urgent than ever

Uncontrolled escalatory cycles are the building blocks of wider war

Ford’s third-quarter sales up 0.7% as GM overtakes it in EVs

Ford on Wednesday reported a 0.7% increase in third-quarter U.S. new vehicle sales, including a 12.2% increase in EVs compared ...

James Cleverly gains momentum after Tory leadership speeches

Former party chair receives warmest reception as four contenders lay out their pitches at Conservative conference

Von der Leyen urges closer EU-UK co-operation at Brussels meeting with Starmer

Leaders seek greater alignment on global affairs in effort to strengthen ties

Here are JPMorgan’s top stock picks heading into October

With the new trading month underway, the Wall Street bank released its updated focus list targeting growth, income, value and ...

Why the ports strike could be a no-win situation for the Biden administration

President Biden is sticking to his position of not forcing striking port union workers back on the job, a political ...