Business

How the state is propping up China’s housing market
As the government struggles to ease a real estate crisis, state-owned developers have been buying up land

Trump team seeks to toughen Biden’s chip controls over China
Washington wants to stop China from building a chip sector that could boost its AI and military capabilities. Trump could ...

Right-wing podcaster Dan Bongino will join Kash Patel as deputy FBI director; says he wants agents who investigated Trump fired
The Justice Department has already demanded a list from the FBI of the thousands of agents who participated in investigations into the Jan. ...

Elon Musk’s directive to federal workers to explain their productivity or get the ax could take them 165,000 hours of their workdays to complete
The time needed for all federal workers to reply to Musk’s email could cost the government about $8.5 million in ...

US drives Ukraine war measure through UN with Russian backing
Security Council resolution calling for ‘swift end’ to conflict deals further blow to western unity

FTSE 350 on track to miss 40% target for female executives
Government-backed review says pace of change in top roles has ‘slowed’ among UK’s biggest companies

Only 1% of UK workers off sick find jobs within 6 months, report says
Think-tank’s findings show need to change financial incentives to help ill and disabled people return to employment

Trump takes a victory lap on Apple’s $500 billion U.S. investment, but one analyst calls it ‘completely unrealistic’
Another analyst said, “Cook continues to prove that he is 10% politician and 90% CEO,” referring to the Apple chief ...

Trump says tariffs on Mexico, Canada ‘going forward’ next month
Trump also indicated he was pushing forward with a plan for so-called reciprocal tariffs. Read More

Europe needs Friedrich Merz to succeed
The first moves by Germany’s chancellor-designate are bold and encouraging

S&P 500 notches a comeback after Friday blowout marks its worst trading session of the year
All major indexes fell as much as 1.5% early Monday. Read More

EU and UK in talks about Europe-wide defence funding amid fear of US pullback
Donald Trump’s re-engagement with Russia has given new urgency to European discussions

Trump changed conversation on Ukraine ‘for the better’, says UK
Sir Keir Starmer reiterates that Britain is ‘ready and willing’ to put troops on ground in Ukraine to secure peace

Nvidia will face off with investors demanding perfection as the ‘spigot of investment dollars’ gushes into AI
Investors want updates on DeepSeek and margins for Blackwell, in what is otherwise expected to be another excellent quarter. Read ...

Trump is trying to do away with Daylight Savings Time. So are these states.
Dozens of states aim to observed daylight savings time all year round. Read More

TV journalist Kendis Gibson says he secretly battled depression before psychedelics saved his life
Now he’s opening up about his mental health journey—specifically, about the powerful role played by psychedelics—in a new memoir. Read ...

Will Smith shares the simple traffic light system his company uses to check in on employees at the start of meetings
Will Smith says Westbrook boss Kosaku Yada asks each team member to rate their emotional state as green, yellow, or ...

No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Football club could also lay off as many as 200 people in Jim Ratcliffe’s latest round of spending cuts

Elon Musk has Canadian citizenship via his mother—now some want his status revoked
Approximately 171,000 Canadians have signed a petition calling for Elon Musk’s citizenship to be revoked—but the impact of that could ...

Federal agencies pushing back against Elon Musk job cuts could signal a new era for DOGE
DOGE final gets some high-level pushback. Read More

UN assembly condemns Russia’s Ukraine invasion despite US opposition
Vote came shortly after G7 leaders failed to agree on a joint statement condemning Russia’s war

Mexico weighs tariffs on China in bid to strike deal with Trump
Mexico has previously imposed tariffs on countries that it doesn’t have free trade agreements with, President Sheinbaum said. Read More

JPMorgan Chase sets aside $50bn for direct lending in private credit push
Move by Wall Street bank comes as increasing number of groups bypass traditional debt markets

Manchester United to cut 200 more jobs in attempt to stem losses
“We have lost money for the past five consecutive years,” said Omar Berrada, Manchester United’s CEO. “This cannot continue.” Read ...

U.S. auto safety agency that’s probing Tesla cuts 4% of staff
The cuts worry safety advocates, who fear there could be an increase in car crashes with fewer regulators overseeing automakers. ...

50-year-old security guard lost 70 pounds on Wegovy—then gained two pants sizes when he lost insurance coverage
“I couldn’t control the eating,” he said. “All the noise came back.” Read More

The CEO of Snowflake left Google to lead the $43 billion AI company—he says a weekly war room is the secret sauce behind its recent resurgence
Sridhar Ramaswamy has a war cabinet of workers and frequently gets into quarrels with staffers over AI ambition. Read More

German election winner to welcome Netanyahu despite ICC arrest warrant
Israeli prime minister’s office describes Friedrich Merz’s gesture as ‘overt defiance’ of international court

Merz weighs using outgoing parliament to loosen debt brake
German election winner says he will hold talks with other parties to adopt constitutional change in next 30 days

Tesla prepares to deploy long-awaited self driving features in China
While the company markets its features as self-driving, they require constant human supervision and frequent interventions. Read More