Business

Spot Bitcoin ETFs experience record outflow, bleeding over $1 billion in one day
Despite the record outflows, Bloomberg analyst says its “par for the course.” Read More

Trump revives Canada’s Liberals in electoral turnaround
Taunts by US president galvanise governing party and upend Conservative opposition’s strategy

Commercial landlord Landsec pivots to residential property
FTSE 100 group sets out plans to sell £2bn of offices and scale back office developments

Stripe hits a $91 billion valuation but shows no signs it’s interested in going public because it can’t be managed ‘on a supertight quarterly EPS basis,’ cofounder says
The privately held Stripe has long shrugged off requests to go public. Read More

Democrat proposes MEME Act to stop Trump and other top politicians from issuing crypto coins
The new bill follows presidential forays into memecoins from Donald Trump, the president of the Central African Republic, and Argentina. ...

Starmer to urge Trump to provide US military cover for peace in Ukraine
UK prime minister to reassure Washington that Europe will bolster its own defences but push for US ‘backstop’

Trump’s threats against Hamas actually worked, father of American hostage in Gaza says
Although Edan Alexander has yet to be released, his father gave credit to both the Biden and Trump administrations for ...

SAP CEO gets record $19.8 million payday as AI boosts shares
Christian Klein, 44 got his largest-ever compensation package, a 165% boost from the prior year. Read More

Katy Perry, Gayle King to fly to space on Blue Origin’s all-women flight
Jeff Bezos’ fiancée Lauren Sánchez will also be aboard. Read More

Elon Musk’s DOGE is a cybersecurity threat in the making, former DHHS chief information officer says
“This is not a technology problem, this is a process problem,” said Scott Cory, a former chief information officer in ...

Oscar-winner Gene Hackman, his wife, and their dog all found dead in their New Mexico home
Foul play was not suspected, but authorities did not disclose how they died and said an investigation was ongoing. Read ...

A TV reporter sent to cover the Super Bowl was found dead in his hotel room. Police say he had sedatives in his system and his phone and cards were stolen by a woman almost twice his age
Danette Colbert, 48, is being held without bond having been deemed a flight risk based on her criminal history. Read ...

We tasted the wines being poured at the Oscars this year—here’s what they’re like
Boozing it up with the nominees of the 97th Academy Awards. Read More

Santander executive under criminal investigation in Brazil
Police to probe incoming chief accounting officer over alleged misappropriation of funds at former employer

Vista’s CEO is the second richest African American. He says firms will hire the best people—and this group will be diverse
Robert Smith says access to education has changed the way we think about diversity. Read More

A 25-year-old man is charged with an act of terrorism after threatening to burn down an xAI facility with thermite because he was angry about Elon Musk
Ethan Paul Early reportedly told a police officer who visited his home that he felt he “had to do something.” ...

Amazon’s new Alexa+ may be its last, best chance to catch up in AI—and show the world that an AI hardware device can be a hit consumers
The new Alexa+ is getting good press so far, but it’s not clear whether consumers will find it compelling enough. ...

UK competition regulator will review fewer global deals, says boss
CMA head also warns it will not be ‘open season’ for takeovers harmful to consumers

Trump has a path to killing the Fed’s independence. How this unofficial norm came to exist
The Supreme Court could overturn precedent that protects chair Jerome Powell from being fired. Read More

How the Trump admin transformed the U.S. into the financial Wild West in a matter of weeks
America’s sad departure from its position as anti-corruption king will have seismic effects. Read More

Visa grants to live in UK drop while asylum applications hit record high
Home Office data comes as government weighs options for further policy changes to cut net immigration

This robotics company which accepts less than 1% of internship applications say they look for candidates with these qualities
With a .08% new hire rate, getting an internship at Gecko Robotics is harder than getting into Harvard. Read More

Elon Musk admits DOGE accidentally eliminated prevention measures combatting Ebola virus
USAID leads the government’s efforts to combat the spread of infectious diseases before they land on American soil. Some experts ...

Exclusive: Two Instacart alumni raise $5.5 million to build Highstock, an eBay for big brands with excess inventory
Highstock connects brands’ overstock inventory with buyers around the world. Read More

The U.S. economy is propped up by three pillars, top investor Peter Boockvar says—and America’s growth now hinges on the wealthiest 10%
Consumer spending is anemic except among the richest, while Republican budget proposals threaten to end much of the government spending ...

US to boost tariffs on China and push ahead with Canada and Mexico levies
Donald Trump says tariffs on America’s biggest trading partners to go into effect on March 4

Can Starmer rise to meet his Bismarck moment?
Labour will use the geopolitical crisis to defy its own members about the new priorities for a rearming economy

Trump administration blames ‘institutional drift’ as it plans to cut over 90% of USAID foreign aid contracts
The funding freeze has stopped thousands of U.S.-funded programs abroad. Read More

PayPal is the latest company to embrace trend of combining CFO and COO role
Jamie Miller takes on new responsibilities at the fintech. Read More

Myanmar scam center workers plead to ‘escape this hell’ and go home: ‘Help me, help me, help me’
The United Nations estimates that as many as 120,000 people—many of them Chinese men—may be working in Myanmar scam centers ...