Business

Blackstone chief Schwarzman’s income eclipsed $1bn last year
Private equity group increased dividend payouts 18% in 2024, benefiting several top company executives

Europeans rally around Zelenskyy but will struggle to formulate a plan to defend Ukraine
The showdown in the Oval Office has exposed the huge rift between the US and Europe

Trump-Zelenskyy clash fuelled by years of bad blood
Oval Office brawl has its roots in 2019 phone call between the US and Ukrainian leaders

How the Trump-Zelenskyy clash unfolded
Oval Office meeting deteriorated into an angry argument that exposed years of mistrust between the leaders

Russian ruble sinks as Trump-Zelensky shouting match cools hopes for peace deal while stocks recover from brief selloff
Stocks fell during Trump’s meeting with Zelensky Friday, but an afternoon rally led to solid gains by the end of ...

Grubhub cuts 23% of staff months after Wonder takeover
Last fall, Grubhub was sold to Wonder for just $650 million, a fraction of its pandemic-era peak valuation. Read More

Elon Musk and DOGE ‘weaponized’ the U.S. Digital Service and betrayed its mission, insiders say
Firings and ‘betrayal’: Inside the one-time White House tech office that became Elon Musk’s DOGE Read More

Intel is back—stop talking about breaking it up: Craig Barrett
If we want semiconductor manufacturing leadership in the U.S., then build on the current resurgence of Intel, don’t tear it ...

Zelenskyy’s humiliation in the White House
Ukraine’s president finds himself squeezed between two big powers

Trump team raises return of Open golf to Turnberry with Starmer
Ayrshire resort owned by US president dropped from rota for Britain’s premier tournament after January 6 attack on Capitol

McDonald’s CEO shares 3 food trends driving his business: ‘Protein is hot’
CEO of McDonald’s Chris Kempczinski says “everybody is into protein.” Read More

Starmer’s bid to save a western alliance in meltdown
The British prime minister believes he can still be a bridge between the Trump White House and Europe. But is ...

The ‘climate establishment’ is getting nowhere—and should learn from conservative media
Conservative outlets and their viewers get something fundamentally right about the climate change issue. Read More

In full view of the world, Trump and Vance tell Zelensky he can’t win the war. He told them they’re naive for believing Putin
Trump and Vance tell Zelensky the U.S.’s allyship is Ukraine’s only bargaining chip in negotiating an end to the war. ...

Former HSBC chief Noel Quinn to become Julius Baer chair
Appointment is latest shake-up at Swiss wealth manager hit by exposure to Rene Benko’s Signa property empire

Donald Trump is getting the lower yields he wanted—because investors fear America’s growth is slowing
Stocks dipped this week as investors grappled with softer economic data and renewed tariff threats. Read More

Engage Gen Z today, lead the market tomorrow
Gen Z is not just the next wave of workers—it’s a generation poised to redefine the workplace. Read More

Intel was set to open a multibillion-dollar Ohio semiconductor plant in 2025. It’s now delayed several years thanks to a CEO departure and other setbacks
Intel Corp. has once again pushed back the expected opening for its semiconductor project in central Ohio. Read More

Asking employees to come back to the office like the old days is the same as trying to ‘jam the toothpaste back in the tube,’ workforce strategist says
Companies including Amazon, JPMorgan, and AT&T have faced obstacles trying to get employees to return to office. Read More

Michael Saylor once told people to mortgage their home to buy Bitcoin—now the cryptocurrency is down so much he’s wants them to harvest a kidney
Saylor’s company, Strategy, owns more than $41 billion worth of Bitcoin. Read More

Trump cuts short Zelenskyy meeting after fiery White House clash
US president says Ukrainian leader is ‘gambling with world war three’

BlackRock ends diversity goals, merges DEI staff into new team
BlackRock Inc. scrapped its “aspirational workforce representation” objectives, reversing course after President Donald Trump moved to end diversity, equity and ...

Forever 21’s DEI head pleads for her job as companies cut diversity-related roles: ‘We’re not the monster some people view us as’
Jennifer Velez, head of DEI at Forever 21, made the case for the importance of her role. Read More

Citigroup’s $81 trillion mistake is a warning ‘that operational risk is still a ticking time bomb in banking,’ expert says
It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead ...

Trump and Zelenskyy’s Oval Office meltdown will fill Putin with glee
It is not hard to imagine that the US president and his deputy were spoiling for a fight with the ...

Trump plans to sign an executive order that could give the U.S. an official language for the first time in history
President Donald Trump is expected to sign an executive order on Friday designating English as the official language of the United States. ...

Unlikely trio linked to hack of AT&T data, attempt to sell it
The alleged online personas for Moucka and Binns — Waifu and Irdev — met in the late 2010s while gaming ...

Gold on track for worst week this year as tariff threats ramp up
The latest developments on the tariff front weighed on investor appetite and helped drive volatility higher across asset classes. Read ...

Hedge funds hit back against new leverage limits
Bodies representing big funds unleash lobbying offensive against global regulators’ plans

Microsoft to shut down video-calling pioneer Skype
Tech giant to retire service it acquired for $8.5bn after being overtaken by upstarts such as WhatsApp, Telegram and Zoom