Business
Federal prisons, plagued with ‘a critical staffing shortage, crumbling infrastructure and limited budgetary resources,’ are being used for Trump’s immigration crackdown
In Trump’s last term, asylum seekers sued over spoiled milk and inedible food in rundown federal prisons. Read More
Deloitte US asks public contractors to axe gender pronouns from emails
Big Four firm will also ‘sunset’ its diversity goals as part of shift after Trump’s election
23-year-old serial entrepreneur Steven Wang dropped out of Harvard and raised $17 million for his brokerage. He says he made his worst stock investment in elementary school
Steven Wang, founder and CEO of the trading platform dub, spends $150 a year on a meditation app, doesn’t cook ...
Ukraine wants to strike a deal with Trump to develop its minerals industry. Why are rare earth elements so important?
Ukraine’s mineral industry could provide a valuable source of the rare earth elements that are essential for many kinds of ...
Can Finnair’s new CEO navigate turbulence and take the airline higher?
Finnair has had to adapt to several challenges in the last five years, including the pandemic and then the war ...
BP pledges ‘fundamental reset’ of strategy as profits sink
Chief executive Murray Auchincloss vows to boost performance after activist Elliott takes stake
Paying your mortgage with a credit card is a bad idea. But two credit card startups want to reward you for mortgage payments
Typically it’s either impossible or a very bad idea to pay your mortgage with a credit card. A new credit ...
You can earn up to 4.50% APY. Check out the best CD rates today, February 11, 2025
CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs Read More
Are Millennials the reason single-family home rents are off the charts? A new Zillow report looks at the numbers
A new Zillow report shows that rent for single-family homes is growing much faster than for multi-family units. Read More
Credit card startup Mesa wants to reward homeowners with points for mortgage payments, but the math might not add up for everyone
Can you earn credit card rewards when you pay your mortgage? The Mesa Homeowners Card attempts to crack the code. ...
Exclusive: Relativity Networks raises $4.6 million to bring better connectivity to the AI boom
Co-founder and CEO Jason Eichenholz says his startup’s hollow core fiber can transmit information faster and be manufactured at high ...
Dozens of PwC China partners step aside after audit ban
Disclosure suggests Big Four firm has lost state-owned and finance sector clients
Accused UnitedHealthcare CEO murderer Luigi Mangione edges closer to $500k in funds raised for his legal defense
Supporters of the 26-year-old, charged in the shooting of CEO Brian Thompson, have raised more than $300,000 since December. Read ...
DEI has fallen out of favor—but many CEOs still have their pay tied to pursuing its goals
Companies pledged to pay execs for hitting DEI-related goals, but now that “DEI” is on the outs, companies are giving ...
Exclusive: Nestlé is expanding its $20 billion ‘emotional’ pet foods as it hones in on its top-performing brands
Many pet owners are “humanizing” their pets, creating demand for a wider variety of products, Nestlé told Fortune exclusively. Read ...
Thousands of investors in Trump’s memecoin lost $2 billion in just weeks while the family and its partners racked up $100 million in trading fees
Since its Jan. 17 launch, $TRUMP has lost nearly 80% of its share price, which now hovers around $16. Read ...
UK to change ‘unintended’ non-dom hit to overseas bank accounts
The effect of the provision would be reversed pending ministerial sign-off, a Treasury official said
German city scarred by Nazi past grapples with rise of far right
Pforzheim is a microcosm of migration and economic debates boosting AfD ahead of Germany’s federal elections
The future of British food depends on giant freezer cubes
Automated stores run by global companies such as NewCold have become critical in keeping supermarkets stocked
Ransomware attacks spiked in 2024—but they’re nothing compared to what’s coming this year, tech expert warns. ‘I’m very afraid of the things we’re going to see in 2025’
A report from NCC Group found that December 2024 saw the “largest number of attacks for the year.” Read More
A 15-year-old went to a parade in Brooklyn. Then the NYPD wrongly accused him of a mass shooting, causing death threats and driving the family into hiding
The NYPD’s mistake has upended this teen’s life. Read More
Trump to halt law banning bribery of foreign officials
US president says move will ‘mean a lot more business for America’
UK inflation less of a threat as corporate pricing power weakens, says BoE official
Former MPC hawk Mann said a half-point cut in interest rates had been needed last week to ‘cut through the ...
At least 1 person is dead following a jet crash in Arizona, authorities say
The Scottsdale Airport in Arizona is a popular hub for jets coming in and out of the Phoenix area, especially ...
Trump to hit US steel and aluminium imports with 25% tariffs
Administration will grant no exclusions to any products, officials say, raising risk of trade war
Altman says ‘no thank you’ to reported Musk bid for OpenAI
Musk and OpenAI Chief Executive Officer Sam Altman have a long-standing feud that culminated in a lawsuit that Musk filed ...
Elon Musk-led consortium offers $100bn to take control of OpenAI
Bid complicates CEO Sam Altman’s plans to turn artificial intelligence group into for-profit company
Smaller countries may ‘have to choose’ between the U.S. and China, warns author Robert Kaplan: ‘Great powers in decline can tend to be very aggressive’
“For decades, countries like Singapore and Australia and others were able to essentially get rich off China, and be protected ...
L’Oréal is counting on American boomers spending big on anti-aging as it ditches China
“Today, we see the U.S. as a land of opportunity,” said L’Oréal CEO Nicolas Hieronimus. Read More
Christie’s plan for AI art auction sparks backlash from artists
Creative industries worry that generative artificial intelligence models could replicate or even replace their original works
