Business
Blume under pressure to unwind his dual role as CEO at Porsche and VW
Calls mount for Volkswagen chief to focus on restructuring as management tries to close German factories and cut jobs
US investigates China-backed venture firm over Silicon Valley dealmaking
FBI probe into Hone Capital comes after it became the most prolific early investor is US tech start-ups
COP29 host’s own climate plans are ‘critically insufficient’, says expert group
Pressure mounts on UN climate summit host Azerbaijan to upgrade its national plan to limit global warming
Military briefing: Israel’s ‘victory doctrine’ against Hizbollah
The Lebanese militant group fought Israel to a stalemate in 2006. Both sides tried to learn the lessons
Can you mastermind a US presidential campaign?
Compete for the White House against other readers in the Election Game
Will China’s $100bn war chest for shares lift the real economy?
Investors welcome ‘unprecedented’ central bank loans to try to boost markets but analysts say fiscal stimulus is needed
OpenAI just launched advanced voice mode for audio chats with ChatGPT. Here’s how to use it
If you’re a paying customer, ChatGPT will respond to your spoken questions and comments quickly. But there’s a limit to ...
Japan’s largest rice shortage in years is exacerbated by sushi-hungry tourists, weather
Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall ...
Asia-Pacific markets largely range-bound; Hong Kong’s Hang Seng jumps more than 2%
Investors in Asia await Australia’s inflation rate for August, which is expected to ease to 2.7% from 3.5%.
A laid-off Foot Locker employee shorted the stock and made over $100,000, authorities say
Barry Siegel, 56, is charged with insider trading after shorting the mall staple sneaker giant. Read More
Buffett’s Berkshire Hathaway trims Bank of America stake by $863 million
Berkshire now owns 10.5% of the second-largest US bank after the latest disposals. Read More
Alaska Air gets credit rating knocked down to junk status
The credit grader lowered the airline’s issuer rating to Ba1, the highest junk level, from Baa3, the lowest investment-grade score. ...
FBI raids tech distributor Carahsoft offices, seen taking away computers
It wasn’t immediately clear what prompted the search. Read More
Starmer will promise to ‘recommit’ Britain to internationalism at UN
PM to seek meetings with Kamala Harris and Donald Trump while in New York for gathering of world leaders
Argentina’s Javier Milei denounces UN’s ‘socialist’ agenda in speech
Libertarian leader accuses international organisation of restricting members’ freedom in debut address
‘League of Legends’ faces strike as SAG-AFTRA battles voiceover company
They allege Formosa Interactive attempted to get around the ongoing video game strike by hiring non-union actors to work on an unrelated ...
Caroline Ellison gets two years in prison over role in FTX fraud
U.S. District Judge Lewis A. Kaplan said Ellison’s cooperation was “very, very substantial” and “remarkable.” Read More
FTX fraudster Caroline Ellison sentenced to 2 years in prison, ordered to forfeit $11 billion
Caroline Ellison, who headed a hedge fund affiliated with doomed crypto exchange FTX, testified against her former boyfriend Sam Bankman-Fried ...
Free, at-home COVID tests are back. Here’s how to order yours
Testing is the only way to tell whether you have COVID, the flu, or RSV. Read More
Polymarket seeks to raise an additional $50 million amid election fever—report
The popular betting site may also launch a native token. Read More
Markets close near record highs following China stimulus news
Chinese stocks rose sharply in trading today as the Central Bank of the Republic of China unveiled a wide-ranging package ...
Judge hands tearful Caroline Ellison two year sentence over FTX fraud: ‘I’m sorry I wasn’t brave’
A judge recognized Ellison’s cooperation but still ruled against her lawyer’s request for no jail time. Read More
Stocks making the biggest moves after hours: KB Home, Rithm Capital and more
A homebuilder stock fell after its latest earnings report came in below expectations.
US antitrust lawsuit accuses Visa of using dominance to shut down rivals
Payments company had ‘web of exclusionary agreements’ to shore up $7bn-a-year debit business, justice department says
New Commerzbank CEO expected to fight a potential UniCredit takeover
Bettina Orlopp is sceptical about the case for combining the Italian and German lenders
Caroline Ellison gets 2-year prison sentence for FTX fraud
Sam Bankman-Fried’s former associate and girlfriend had co-operated with prosecutors since pleading guilty
These funds aim to multiply the market’s dividend yield. How they stack up to competitors
Pacer launched a new exchange traded fund on Tuesday designed to deliver distributions six times greater than the dividend yield ...
Justice Department accuses Visa of debit network monopoly that impacts price of ‘nearly everything’
Visa and MasterCard have surged in the past two decades, reaching a combined $1 trillion market cap. That has attracted ...
Harris leads Trump by over 30 points among young voters: poll
The poll showed Harris leading Trump 64% to 32% among young likely voters in a two-way hypothetical match up. Read ...
