Business

The USDA says egg prices could jump another 41% this year. Just last month, the increase was predicted to be 20%
“It’s going to take a while to get through, I think in the next month or two, but hopefully by ...

Trump wants TSMC to take over Intel’s plants. That’s a terrible idea—here’s what needs to happen instead
Intel’s design and manufacturing businesses are too important to be left to short-term dealmakers. Read More

Scandal-plagued billionaire White retakes control of WiseTech
In effect, White has used his 37% stake in the company to muscle his way back into control. Read More

Experts warn of federal government brain drain that could be ‘devastating’ for the U.S. economy
‘It’s really a devastating way to manage a business, and it’s a devastating way to manage the government.’ Read More

Red Lobster’s 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 bold moves he’s cooking up for the seafood chain’s comeback
Damola Adamolekun reveals his blueprint for garlic butter crab and good music in Red Lobster’s second wave Read More

U.K. lawmakers back artists’ protest against government plans to allow AI copyright exemption
“The government should not introduce an ‘opt-out’ approach to the use of creative works for AI training,” said one committee ...

US will not give Ukraine security guarantees ‘beyond very much’, Trump says
US president’s comments come as countries prepare to sign deal on critical minerals

Fyre Festival 2 tickets are on sale for up to $1.1 million after founder served prison time for defrauding investors of the first event
“I’m sure many people think I’m crazy for doing this again,” 33-year-old founder Billy McFarland said. “But I feel I’d ...

Trump says he will impose 25% tariffs on imports from EU
US president warns levies will target auto sector and be applied ‘generally’

How T.J. Maxx’s parent company became a retail juggernaut thanks to good corporate governance and a no-frills culture
The current and former CEO have an unusual arrangement, but it works for them. Read More

What are the terms of the US-Ukraine minerals deal?
Kyiv obtained some concessions from the Trump administration, but no postwar security guarantees

New Social Security head boasts of firing federal employees in response to Musk email
Leland Dudek thanked the president for ‘the opportunity to report on our work.’ Read More

Bezos narrows Washington Post opinion pages around ‘personal liberties’ and ‘free markets’
Billionaire owner says overhauled section will focus on ‘underserved’ viewpoints

President Trump say U.S. can pay off $36 trillion debt by selling wealthy immigrants $5 million ‘gold card’ visas and eventual citizenship
Details of President Trump’s “gold card” visa program are still being finalized, but the proceeds are already earmarked to help ...

U.S. to boost egg imports and farm relief as prices soar on bird flu
Millions of birds have been killed since December as the outbreak hit egg-laying farms from Iowa to California to North Carolina. ...

Jeep maker urges Trump to aim tariffs at cars with no U.S. content
Auto industry leaders are trying to convince Trump to spare them from 25% levies on imports from Canada and Mexico ...

Online education company Chegg sues Google, saying its AI is killing the business
Company says Google’s AI is unfairly scraping material from Chegg to power results. Read More

Warren Buffett warns bosses of the ‘cardinal sin’ of leadership—and his biggest investing mistakes
The billionaire CEO says he’s made poor investments in buying companies and hiring managers, but that leaders should be more ...

EU plans to relax gas storage filling targets for member states
Brussels hopes a ‘more flexible’ policy will reduce market disruption

Bayer CEO Bill Anderson on diversity initiatives, new menopause drugs and how to tame a runaway bureaucracy
Bayer’s teams run on 90-day cycles, so the clock is always ticking on delivering on their goals. Read More

Eli Lilly to spend $27 billion to bolster U.S. drug manufacturing as Trump tariffs loom
The push to onshore manufacturing was already underway at Lilly, which has been investing heavily to boost production capacity for ...

Trump says he’s imposing ‘Maximum Pressure’ on Iran, which has reportedly sped production of near weapons-grade uranium since he was elected
The Trump administration said Iran must be prevented from acquiring nuclear weapons. Read More

New home sales drop to three-month low due to high mortgage rates and harsh winter storms
Mortgage rates declined last week to 6.88% last week, the lowest this year. Read More

North Korean hackers pull off the biggest heist of all-time, stealing $1.5 billion in crypto
State-backed group breaches system of Dubai exchange Bybit. Read More

How energy giant BP went from eco poster child to possible takeover target
“In an industry where timing is everything, BP made the right bet at the wrong time,” says one professor who ...

Los Angeles wildfires to trigger ‘the most substantial wildfire losses in the history of the insurance industry’, warns Munich Re
The world’s second-largest reinsurer said it now forecasts some 1.2 billion euros ($1.3 billion) in loss claims from the fires. ...

Nigel Farage’s media company records £1.25mn profit
Reform UK leader’s earnings boosted by reality show appearance in late 2023

McDonald’s resists extra egg charge, offers $1 McMuffin deal
The discount arrives as a bird flu crisis pushes U.S. egg prices to record highs. Read More

Rout wipes $800bn from crypto market as bitcoin slump deepens
Crypto fervour that greeted Trump’s election has faded amid series of scandals

I was sleeping in a Walmart parking lot. Now I own a company
Keith Dixon’s life turned around after he joined an employee-owned company—and an employee stock ownership plan. Read More