Business
Microsoft to open new data center in Thailand as it doubles down on AI and Southeast Asia
The U.S. tech giant said it will also commit toward AI skills training for over 100,000 Thais and support local ...
Citi just added these global stocks with over 30% upside to its ‘highest conviction ideas’ list
Citi has just refreshed its list of “highest conviction ideas” in Europe and recommended a specific trading strategy that investors ...
This family traveled for a year. Here are the biggest mistakes they made
Margaret Bensfield Sullivan talks about the challenges and lessons she learned while traveling with her family to 29 countries in ...
Amazon CEO Andy Jassy broke federal labor law with anti-union remarks
A National Labor Relations Board judge, citing 2022 interviews with CNBC, Bloomberg and The New York Times, found Amazon CEO ...
Tesla slashes its summer internship program to cut costs, as Elon Musk fights to save his $45 billion pay plan
Some of the internships are unpaid, while others reportedly offer $18 to $28 an hour. Read More
Do men really sleep better than women? Experts explain
The long-standing lack of inclusion of women in biomedical and behavioral research has been a hindrance to sleep study. Read ...
Does Medicare cover medical alert systems? Here’s what experts want you to know about your options
For older Americans to age in place well, medical alert systems can be useful. Read More
Europe’s sliding foreign investments are a ‘wake-up call,’ EY expert says
“We need to make sure regulation doesn’t get in the way of innovation and enabling businesses in Europe to compete,” ...
U.S. fishermen poised to harvest millions of baby eels worth $2000 a pound as authorities battle illegal sales
The tiny fish are raised to maturity so they can be used as food. Read More
Ex-Pioneer boss to be barred from ExxonMobil’s board by US regulator
FTC expected to raise concerns over Scott Sheffield’s messages with Opec as it moves to approve $60bn deal
Cruise operator Viking raises $1.5 billion in year’s largest IPO
Although the IPO market has been heating up, the upcoming election could reduce the number of public offerings seen before ...
Texas vet who cares for 40,000 cattle said nearly every farm that had cows sick with bird flu also had sick workers: ‘I had people who never missed work, miss work’
Farmers have been hesitant to allow health officials onto their land because of the “stigma” of bird flu, another vet ...
Uber faces £250mn lawsuit from London’s black-cab drivers
Legal action set to revive long-simmering battle between US ride-hailing giant and UK capital’s taxi trade
One day after being cited for contempt, Donald Trump insulted the judge presiding over his case
Former President Trump is barred from making public statements about witnesses, jurors and some others connected to his hush money ...
Exxon Mobil reaches agreement with FTC, poised to close $60 billion Pioneer deal
The FTC will not block the deal now that the regulator and Exxon have reached a consent agreement, according to ...
Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about
“I was around for stagflation,” the Fed chair reminded observers. Read More
Peloton, the fallen fitness unicorn, faces a harsh truth despite its shiny new deal with Hyatt hotels: ‘I don’t think they thought [about] what was going to happen post-pandemic’
Peloton has lost 90% of its value since the beginning of the pandemic, when the company soared to a $45 ...
Microsoft inks $10 billion green energy deal as power-hungry AI forces its hand to meet emissions commitments
Driven by AI power demand rising at an “exponential” rate, Microsoft and Brookstone ink largest private energy deal yet. Read ...
Carvana shares spike 30% as used car retailer posts record first quarter
Carvana reported record first-quarter results Wednesday that beat Wall Street’s top- and bottom-line earnings expectations for the online used car ...
UnitedHealth CEO estimates one-third of Americans could be impacted by Change Healthcare cyberattack
UnitedHealth CEO estimates that data from one-third of Americans could have been compromised in the Change Healthcare cyberattack.
Southwest flight attendants are now the highest-paid in the industry thanks to a historic pay raise—’This is the least they deserve’
The second-best paid flight attendants, at Delta, make 14% less than those at Southwest. Read More
NBA legend Michael Jordan adds “his closest friends” to tequila brand including athlete investors Derek Jeter and Serena Williams as it prepares global expansion
Jordan cofounded the tequila brand in 2019 with four NBA team owners. Read More
Study finding South Florida homes are 35% overvalued sparks bubble worries
The combination of rising housing premiums and mortgage rates is “a potential worrying sign for the housing market,” the researchers ...
Scientists can now grow diamonds faster than you can watch ‘Oppenheimer’
Scientists have figured out how to grow synthetic diamonds in just 150 minutes—and that could be bad news for natural ...
NBC courting the NBA with a $2.5 billion media deal that could permanently bench TNT
With the NBA’s current media rights contract set to expire next year, negotiations with cable companies and streamers are in ...
Harvey Weinstein will face a new trial in New York this year
Disgraced film mogul’s conviction for sex crimes in the state had been thrown out on appeal
Johnson & Johnson’s latest gambit to solve its massive talcum powder asbestos issue: A $6.5 billion settlement, paid out over 25 years
J&J’s proposed settlement represents just 7.8% of its $85.2 billion in annual sales for 2023. Read More
DoubleLine’s Jeffrey Gundlach sees one rate cut this year as the Fed keeps up inflation fight
“The inflation rate clearly is the one that is lacking progress … so I’m going to lean on one rate ...
Trade unions warn Labour to honour pledges to boost UK workers’ rights
Promise of hostile reaction to any dilution of ‘New Deal’ as party prepares to water down proposed reforms