Business

The mystery inside Amazon’s record profits: How much are higher seller fees boosting the bottom line?
Amazon’s cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture ...

Palantir’s ‘revolving door’ with government spurs huge growth
Peter Thiel-chaired group has Washington and Westminster network that helped secure around $3bn in official contracts

Musk’s DOGE teen was fired by cybersecurity firm for leaking company secrets
Edward Coristine, a 19-year-old member of Elon Musk’s squad was fired from an internship after he was accused of sharing ...

Trump says he plans reciprocal tariffs, will affect ‘everyone’
“They charge us. We charge them. It’s the same thing. I seem to be going in that line as opposed ...

A judge Trump nominated says he will temporarily block the administration from placing 2,200 USAID workers on paid leave
U.S. District Judge Carl Nichols sided with two federal employee associations in agreeing to a pause in plans to put ...

Clean-energy company Freyr Battery says it’s abandoning plans to build a $2.6 billion factory in Georgia, which would’ve created 700 new jobs
Freyr moved its corporate headquarters from Norway to Newnan, Georgia, to maximize eligibility for tax benefits related to President Biden’s climate law. ...

Uber stock jumps 7% after Bill Ackman reveals $2.3 billion stake
The Pershing Square CEO said he’s admired the ridesharing giant since actor Edward Norton introduced him to the app in ...

Cambodia’s largest bank credits a unique investment for its ‘exponential’ growth
In Channy, president of ACLEDA Bank, says a proper office convinced ordinary Cambodians to trust the bank: “They say…I want ...

Before becoming a famous college dropout, Bill Gates applied to 3 Ivy League schools and used a different ‘persona’ for each one: ‘Each was a performance’
Gates later dropped out of Harvard and started tech giant Microsoft with the late Paul Allen. Read More

Bitcoin jumps 2% on weaker-than-expected jobs report, XRP is up 6%
The U.S. added fewer jobs than expected in January, increasing likelihood of Fed interest rate cuts. Read More

Americans are proof that money can’t buy happiness, new report shows
The U.S. is “so wealthy but so unhappy,” new State of the Nation progress report shows. Read More

Judge slams Ofwat and government for not attending Thames Water hearing
Court will decide whether to approve emergency £3bn loan for UK’s biggest water utility

Hedge fund manager Bill Ackman takes $2.3bn stake in Uber
Ride-hailing group is ‘one of the best managed and highest quality businesses in the world’, activist investor says

Starmer tells ministers to push ‘further and faster’ for growth after grim economic forecasts
UK prime minister launches fresh attempt to reboot ailing government at six-hour cabinet meeting

Can anyone stop Elon Musk’s hostile takeover of the US government?
The billionaire’s aggressive efficiency drive has critics warning of a constitutional crisis. Allies say he’s just getting started

Donald Trump says he could hit Japan with tariffs
US president issues warning to Asian ally days after vowing to place levies on imports from Canada and Mexico

Fortune 500 auto parts supplier Lear looks to slash some 15,000 jobs this year globally
The company is also looking to drive growth by winning new business from the one group of automakers most likely ...

Elon Musk appears to consider reinstating the 25-year-old DOGE staffer who resigned after being linked to a racist social media account
The statements Musk is seemingly referring to include posts calling to normalize “Indian hate” and one suggesting Gaza and Israel ...

Fintech Klarna targets US IPO in April
Valuation of up to $15bn would make it one of the biggest listings this year

A workforce management giant will lay off 1,750 employees to make way for AI
Nearly 8.5% of staffers will be affected, joining the ranks of Salesforce and Klarna in paving a new way of ...

Trump’s imperial emporium
Washington is ill-prepared for the speed with which the president has been ‘flooding the zone’

Multitasking is not the answer to your feelings of ‘overwhelm’
Research shows the human brain can’t cope with doing too much at once, so don’t take that meeting while you ...

Here’s what Chevron CEO Mike Wirth thinks about the hit TV show ‘Landman’
“And so, you know, there’s certain aspects of it that are that are accurate and others that are probably just ...

The strongman reshaping central Africa
A Rwandan-backed campaign in DR Congo exposes how Paul Kagame turned his genocide-scarred country into a belligerent military force

Is the market rooting for Kansas City? History shows stocks gain 21% when Chiefs play in the Super Bowl
With a massive disclaimer that these coincidences are probably not the basis of sound investment advice, here are some fun ...

Stablecoin donation company Coala Pay closes $3.5 million funding round
Coala Pay connects donors with local aid organizations using smart contracts and stablecoins. Read More

Personalized vaccine offers hope for patients with late-stage kidney cancer, clinical trial shows
Researchers, in a sense, manipulated each patient’s cancer in an attempt to prevent it from coming back. Read More

Renault reactivates talks with Foxconn over sale of Nissan stake
French group launches search for new investors, with approaches made to several tech companies including Apple

EU to offer lower tariffs on US cars
Bloc hopes olive branch will help to shield Europe’s ailing car industry from Donald Trump’s trade measures

Kash Patel owns up to $5 million in stock of Shein’s parent company—and won’t divest from it because he says there’s only a ‘remote’ chance his new job leading the FBI would interfere
As Patel awaits Senate confirmation to become the next FBI director, his private-sector work is drawing renewed scrutiny. Read More