Business
How the Democratic Party lost American workers: It’s the minimum wage, stupid
Harris promised to raise the minimum wage and decried the current $7.25 an hour as ‘poverty wages’ with only two ...
Trump eyes Burgum as new ‘energy tsar’ to slash regulations
Role would have sweeping power over environmental agencies and rules in an attempt to boost fossil fuels
Trump victory kicks off the battle for the right’s future
Populism seems certain to lose some big fights to traditional GOP policies over the next few years
Donald Trump assassination plot foiled by FBI in days leading up to election—prominent Iranian American journalist linked to murder-for-hire scheme
Two other men who the authorities say were recruited to participate in other assassinations, including a prominent Iranian American journalist, ...
Polymarket CEO Shayne Coplan says he founded the popular prediction market from his bathroom
“Little did I know Polymarket was going to change the world,” the 26-year-old founder said of his makeshift setup. Read ...
UK employers eye staff pension schemes to cut national insurance bills
More companies intend to use salary sacrifice arrangements to offset Budget tax rises
Bird flu begins its human spread, as health officials scramble to safeguard people and livestock
Some experts say mass human-to-human transmission of this strain of bird flu is only a matter of time. Read More
Trump asks arch protectionist Robert Lighthizer to run US trade policy
Tariff hawk’s potential reappointment to top economy role likely to alarm trading partners
Trump’s first big fight is shaping up: Powell’s refusal to resign from the Fed
During a news briefing, he was asked if he would resign if Trump demanded it, and Powell simply replied “no.” ...
Amazon CEO Andy Jassy hates bureaucracy so much he’s planning to increase the ratio of employees to managers
The e-commerce giant says bureaucracy creates inefficiency. Read More
Prudential taps Morgan Stanley’s Chappuis to lead asset management arm
Jacques Chappuis to join as PGIM’s chief executive in May, replacing David Hunt after his 13-year stint
Responsible AI Means IT Security Has to Evolve
Artificial intelligence and IT security are converging. Thoughtful companies will develop processes so AI makes their systems more, not less, ...
Black Friday sales flyers are already leaking out, including ones from Walmart, Target and Home Depot
Start your planning (and in some cases shopping) now. Read More
Temu faces second EU probe for misleading sales practices
Potential EU fines over misleading practices are escalating the scrutiny of Temu as regulators push the e-commerce giant to comply ...
City of London pauses plan to move Smithfield and Billingsgate markets
Historic meat and fish markets were due to be combined at a facility in Dagenham
US economy could ‘overheat’ under Trump, warns bond giant Pimco
CIO Dan Ivascyn says interest rate cuts could be paused and stocks look vulnerable after post-election rally
How WM comes clean on its environmental impact
“We have to be transparent about our impact on the world around us, and that’s going to build credibility,” says ...
Spanish central banker set to inherit big challenges as next BIS head
Pablo Hernández de Cos to take over amid fears Donald Trump will derail progress on setting capital standards for world’s ...
Greggs shares fall as analysts predict near-£100mn Budget hit
Low-cost bakery chain has not yet commented on impact but retailers warn that measures will hurt
DEI under Donald Trump—here’s what HR leaders and experts think will happen over the next 4 years
“I do think some companies are going to start to use the rhetoric we’ve heard from Trump over the last ...
Powerful women are gathering their thoughts post-election, and marshaling resources for what comes next
“Women have so much unrealized power and influence.” Read More
Levi Strauss heir Daniel Lurie set to win San Francisco mayor’s race
Lurie spent more than $8 million of his own money to position himself as a political outsider who could best tackle the ...
Will the election spur the long-awaited flood of startup exits?
Why one VC says that next year will be a ‘bonanza’ for IPOs. Read More
How to buy a Birkin bag: The Hermès exclusivity that’s driving shoppers to sue
Buying the Hermès Birkin bag takes work—and a lot of money. Many argue that adds to its appeal, while some ...
How Trump could put his campaign promises on tariffs into action
Trump has the power to enact large parts of his trade agenda on his first day in office. Read More
Meloni launches renewed effort to detain migrants in Albania
Arrival of 8 asylum seekers from Egypt and Bangladesh will test Italian government’s deal with Tirana
British Airways owner IAG reports bigger than expected profits
Passenger demand in key transatlantic routes and within Europe boosts earnings
RFK Jr. could play a big role under Trump—and Big Pharma is sounding the alarm: ‘We need somebody grounded by science and evidence, not somebody who rejects it’
One senior executive from the healthcare sector told the Financial Times his influence on policy would be “awful on a lot of levels.” ...
Airbnb is on the hunt for growth
It’s preparing for a new chapter “beyond accommodations.” Read More
Trump’s return could herald a ‘crypto golden age’ says CEO of stablecoin firm Paxos
The Trump campaign “had a real crypto theme,” Charles Cascarilla said at the Singapore Fintech Festival on Friday. Read More
