Business

GM boosts investor payout with new buybacks, dividend hike

OSTN Staff

GM said the buyback has no expiration date but that it aims to complete the first $2 billion in repurchases ...

How HR leaders can prepare for a possible ICE raid

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The Trump administration is cracking down on immigration and business leaders must prepare. Read More

Apple tries to end Indonesia’s iPhone ban with a deal for two new plants and a ‘first of its kind’ chip research center

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Indonesia banned the marketing and sale of the iPhone 16 over Apple’s failure to have 40% of its phones be ...

The NFL has boosted coaching roles for women by 47% since 2021. This annual networking event is a big reason why

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The NFL’s Women’s Forum connects highly qualified women with coaches and managers across the league. Read More

President Trump reveals vision for Gaza in AI video with luxury yachts, belly dancers, and a towering gold statue of himself

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The president gave a a first glimpse of ‘Trump Gaza’ three weeks after floating the idea of expelling nearly 2 ...

Romania’s Georgescu taken in by police for questioning

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Far-right candidate had been planning to file papers for new presidential election

Bank of America’s CEO says stablecoins are coming very soon

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Digital currency was among the topics discussed at the Economic Club of Washington, D.C.’s event. Read More

South Korea ends a decade-long decline in fertility after a surge in marriages

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South Korea has one of the world’s longest life expectancies and lowest birth rates—a combination that presents a looming demographic ...

Exclusive: Raise nets $63 million in round led by Haun Ventures to build a crypto platform for gift cards

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George Bousis, founder and CEO of Raise, wants to put your $100 Walmart gift card on the blockchain. Read More

The Tories discover that Britain is located in Europe

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The lesson of this world-changing month is that geography matters — despite what the Brexit campaign claimed

Ukraine expected to sign a deal with Trump giving U.S. access to its rare minerals—but almost half are impossible to get to

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A deal between the U.S. and Ukraine to ensure continued support in exchange for rare minerals is reportedly nearing completion. ...

USAID workers are being ‘escorted’ back into the office for ‘approximately 15 minutes’ to collect personal belongings

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The process is being conducted with strict time limits and security measures, and employees are required to acknowledge they have ...

Father-son feud and an alleged ‘attempted coup’ rock one of Singapore’s largest property developers

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Kwek Leng Beng, the chairman of City Developments Limited, is accusing his son Sherman Kwek, who is the CEO, of ...

BP shows activists are often pushing at an open door

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Clever boards can pre-empt attacks by behaving more like activists themselves

Bayer CEO Bill Anderson’s war against bureaucracy

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Also: Tesla shares fall as Q1 worries accrue, Jamie Dimon apologizes for cursing, not for DEI. Read More

Tim Cook says Apple may have to change some DEI initiatives to comply with the Trump administration—as shareholders vote to retain them

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Apple is fighting for DEI as its Big Tech peers pull back diversity initiatives. Read More

Swatch became the elite Swiss watch industry’s crusader by making colorful plastic timepieces. Now it’ll have to prove itself once again

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Swatch Group catapulted to fame with its motley of colorful plastic watches, credited with saving the entire Swiss watch industry. ...

It’s 5 minutes to midnight for Germany’s economy, Bundesbank chief warns after central bank’s first loss in 45 years

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The Bundesbank racked up its first loss since 1979, as president Joachim Nagel called on Germany’s incoming government to save ...

Gupta’s InfraBuild hit with lawsuit alleging debt default

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FitzWalter Capital takes aim at key remaining asset in teetering metals empire

Stellantis records 70% fall in profits amid plunging North American sales and search for new CEO

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The Stellantis car giant—which includes Fiat, Chrysler, Jeep and Peugeot—also reported a 17 percent fall in revenue to 156.9 billion ...

Southwest Airlines flight forced to abruptly pull out of landing to avoid crashing into errant jet crossing Chicago runway

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The second plane, described as a business jet, entered the runway without authorization, according to the Federal Aviation Administration. Read ...

The gender pay gap is real—but maybe not for the reasons you think

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Women consistently make trade-offs, choosing roles with more flexibility and less competition but also lower pay over time. Read More

British luxury carmaker Aston Martin cuts 170 jobs as Chinese demand slumps and losses soar

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New CEO Adrian Hallmark blamed the timing of new model launches, supply chain disruptions and a weaker economy in China ...

U.S. dockworkers approve a 6-year contract that will avoid a strike that could have crippled the economy

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The contract calls for a 62% pay hike over six years that would lift hourly wages at the top of ...

Tokyo is turning to a 4-day workweek in a desperate attempt to help Japan shed its unwanted title of ‘world’s oldest population’

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Tokyo even introduced a government-sponsored dating app to help people find partners. Read More

Trump executive order directs government to consider copper tariffs—’It will have a big impact’

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America runs a surplus with copper and the administration sees a national security risk from the forecasts of supply and ...

House GOP pushes through budget blueprint in step toward Trump’s ‘big beautiful bill’, with $4.5 billion in tax breaks and $2 billion in spending cuts

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The vote was 217-215, with a single Republican and all Democrats opposed, and the outcome was in jeopardy until the ...

‘A new direction for BP’ as energy giant unveils strategy shakeup amid global energy transition

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CEO Murray Auchincloss has put emphasis on oil and gas to boost profits, scaling back on the group’s key climate ...

Tesla to acquire part of bankrupt German automotive supplier Manz—in a move to rescue hundreds of jobs in the region

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Manz, which makes batteries and on-board electronics for cars, filed for insolvency in December 2024 in the face of slowing ...

Only 10% of airports actually have air traffic control towers; here’s why aviation experts are sounding alarms over flight safety

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Labor and industry groups say even before Trump’s FAA cuts, air traffic control towers were already understaffed. Read More