Business
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at the Pentagon will be the next target of cost-cutting by Elon Musk
As Trump targets the Pentagon, Elon Musk is a ‘great master’ at this rare talent that could transform defense, former Navy secretary says
“The tools to change this—most notably software and artificial intelligence—lie at hand.” Read More
Advisers urge wealthy Britons to consider life assurance to reduce IHT
Experts expect the arrangement to increase in popularity as ministers expand the scope of inheritance tax
Some grocers are keeping egg prices at record highs to slow demand as hen ‘depopulation’ ramps up amid avian flu
The average price of a dozen Grade A eggs was 65 percent higher in December compared to a year before, ...
High performers are the notable exception to strict return-to-office rules. Their colleagues aren’t happy about it
High-achieving workers and executives have leverage in following the rules, because employers don’t want to lose their favorites. Read More
New Zealand changes ‘golden visa’ to lure wealthy migrants
“We are now making our investor visa simpler and more flexible to incentivize investors to choose New Zealand as a ...
How to watch Puppy Bowl XXI live online for free—without cable
Who needs punts when you’ve got pups? Read More
Trump’s FBI nominee Kash Patel under fire over Shein stake
Controversial official discloses stock in owner of Chinese fast-fashion retailer that has been accused of forced labour
Victoria Schade has the best job in the world: Lead puppy wrangler for the ‘Puppy Bowl’
“She is one of the most dedicated, hardest working people out there in the business,” says Puppy Bowl referee Dan ...
Italian tycoons targeted by fake defence minister in suspected AI scam
Computer-generated voice of Guido Crosetto persuaded at least one victim to pay €1mn for hostage ransom
A Super Bowl ad featuring Google’s Gemini AI contained a whopper of a mistake about cheese
Google quietly corrected an ad featuring its chatbot that claimed Gouda made up 60% of the world’s cheese consumption. Read ...
Trump vows to tap America’s ‘liquid gold’ oil reserves and ‘drill baby, drill’—the only problem is, it’s not up to him
Donald Trump used his inauguration speech to pledge America’s economy would be boosted by oil reserves. Shareholders in the industry ...
Austrian prosecutors accuse René Benko of embezzling tens of millions
Former billionaire property tycoon behind collapsed Signa group remains in pre-trial detention
Japan’s borrowing costs soar to 14-year high
Investors bet on faster interest rate rises, saying inflation is ‘for real this time’
Morgan Stanley cedes title of chief Goldman Sachs rival
Both JPMorgan and Evercore generated more M&A advisory fees last year than Ted Pick’s bank
Trump’s Gaza proposal dashes shipping industry’s Red Sea hopes
Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire
The baffling WFH puzzle
Businesses are tightening hybrid work rules but homeworking levels have so far barely budged
US endowments join crypto rush by building bitcoin portfolios
Universities and charities pile in as prices rally on Donald Trump’s promise to make America a digital assets ‘superpower’
US and China on edge of trade war as tariff deadline looms
Donald Trump’s shock tactics may have pushed Beijing away from negotiating table, experts say
European companies warn over Trump tariff uncertainty
Executives left guessing at scale and impact of any US levies on EU imports
New bird flu variant found in Nevada dairy cows has experts sounding alarms: ‘We have never been closer to a pandemic from this virus’
Dairy herds in Nevada have been infected by a version of the H5N1 bird flu not previously seen in cows, ...
Investigators are starting to arrest high-tech international thieves targeting US superstar athletes like Patrick Mahomes
“These individuals seem to be the alleged tip of the iceberg,” said Kenneth Parker, the U.S. Attorney in southern Ohio. ...
Musk’s DOGE team now seeks access to Treasury’s accounting data
Musk will dispatch a DOGE team to Parkersburg, West Virginia, where it will gain read-only access to the US government’s ...
What does Trump really want from Canada and Mexico? It may come down to oil security and bringing both countries ‘under the US’s thumb’
“This means both a reliable, unimpeded flow of oil and natural resources from Canada and a safer Mexico. And that ...
Scientists warn Trump’s $4bn funding cuts will harm US medical research
Academics say the move imperils scientific progress and helps America’s rivals
Activist hedge fund Elliott builds stake in struggling BP
US investor could force UK oil company to refocus on core fossil fuels business after foray into green energy
Trump has not decided whether to back UK’s Chagos Islands deal
Sir Keir Starmer sought US president’s blessing for lease that will affect joint military base on Diego Garcia
The Philadelphia Eagles’ billionaire owner invested $185 million 30 years ago. Now the team is worth 35 times what he paid for it.
The Philadelphia Eagles played in aging Veteran Stadium and practiced in shabby facilities, Jeffery Lurie took charge in 1994 and ...
Elon Musk says he doesn’t want to buy TikTok’s US business
“I have not put in a bid for TikTok,” Musk said. “I don’t have any plans for what would I ...
Starmer sacks health minister over offensive WhatsApp messages
Andrew Gwynne was accused of making racist, antisemitic and sexist comments
