Business

FAA bans U.S.-Haiti flights for 30 days after Spirit Airlines flight struck by gunfire

A Spirit Airlines plane was struck by gunfire as it was trying to land at Port-au-Prince airport.

The Federal Reserve is trimming rates, and these higher-yielding assets could be called back soon

Investors may be paid a little more interest for buying brokered CDs with call provisions, but the high-yield bonanza may ...

Tom Brady’s key to success: ‘To me, failure is amazing’

Hard lessons as a benchwarmer and sixth-round draft pick fuelled the career of a 7-time Super Bowl winner. Read More

DEI efforts are critical to the U.S. economy because ‘there’s not enough white men,’ John Hope Bryant says

The U.S. can’t remain the leading global economy if it doesn’t let its citizens become financially stable. Read More

AARP’s new CEO vows to protect Social Security and Medicare, and ensure older adults age ‘on their own terms’

Her top priorities also include pushing for financial support for caregivers. Read More

Glassdoor CEO talks about the hottest jobs in the AI boom—and the one job he thinks is phasing out

Data scientists and engineers are in, copy writing is out. Read More

BBVA bid for Sabadell dealt blow by antitrust watchdog

Spain’s CNMC will submit €11bn hostile takeover to a more rigorous ‘phase 2’ review

The CEO of a $17 billion real estate giant will step down after 50 years—and just weeks after a short seller accused him of concealing millions in self dealings

“Mr. Shiffman’s retirement is not the result of any disagreement with the Company on any matter relating to its operations, ...

America’s STD epidemic shows signs of slowing as new syphilis and gonorrhea cases fall

The numbers represented some good news about STDs. Read More

Warren Buffett is fearful—or just waiting. Why the Oracle of Omaha is sitting on his cash hoard

Even as corporate valuations soar, Berkshire Hathaway has assembled a record $325 billion pile of cash and equivalents. Read More

Billionaire investor John Paulson shies away from Trump’s Treasury due to ‘complex financial obligations’

Hedge funder won’t lead Treasury although Trump has called him a “money machine.” Read More

RTO mandates aren’t for everyone. Here’s what we did instead—and it’s working: Synchrony CEO

The hybrid work model has been instrumental in making Synchrony’s business model successful, says CEO Brian Doubles. Read More

China urges ‘constructive dialogue’ on climate change under Trump

Envoy tells COP29 summit in Baku that it is ‘firmly’ committed to controlling methane and other super-pollutants

After its entire board resigned overnight, 23andMe will cut over 200 employees and its cancer research in an urgent bid to nurse the company back to health

The DNA-testing firm said in a Tuesday SEC filing, “there is substantial doubt about the company’s ability to continue.” Read ...

European stocks and currencies tumble on Trump tariff fears

US Treasury yields rise as trades pare bets on US interest rate cuts

Biorecycling CEO displays a jacket made from pollution but says people still don’t believe it’s real or even possible

LanzaTech’s Jennifer Holmgren is calling for backup in her war against the “Ministry of No.” Read More

Recession could create an ‘abrupt shift’ in AI adoption: ‘That’s when you really see the effects of automation’

During recessions companies lay people off, automate their jobs, and never hire them back. Read More

Trump calls for investigation into possible ‘illegal’ rumors saying he wants to sell his Trump Media shares

Trump’s shares in the company are worth about $3.5 billion. Read More

Tariff test for EU as Trump prepares to squeeze trade partners

Senior US official urges Brussels to postpone resumption of ‘retaliatory’ levies scheduled for March

Here’s what the CEO of NASDAQ is learning from her son in his mid-20s

“He was learning market structure—he didn’t even realize he was learning it.” Read More

Frank Auerbach, artist, 1931-2024

The painter escaped Nazi Germany to become one of the towering figures of British postwar art

Gen Z is obsessed with the punishing ‘Winter Arc challenge,’ but an expert says it’s the wrong way to reach goals

There’s a healthier way to build sustainable health habits. Read More

AT&T’s CEO says AI may cause power shortages and it could be ‘the next big social issue in the United States’

Gartner has echoed that by 2027, AI demand will exceed power utilities’ capacity Read More

Martha Stewart, the original influencer, says she hates the ‘trad wife’ trend that’s pervaded social media

“I hate it so much,” the 83-year-old Stewart said. Read More

Fortress seizes control of art house cinema chain Curzon

Private equity group scooped up chain for $5mn following dispute with US real estate billionaire Charles Cohen

Legal tech startup Robin AI raises another $25 million—and what that says about the AI boom

The success of many AI applications does not depend on the continued progress of AI foundation models. Read More

Mark Meadows’ request to move his election interference case to federal court, where he could argue he’s immune from prosecution, has been swiftly rejected by the Supreme Court

Meadows was one of 19 people accused of participating in an illegal scheme to keep Trump in power after he lost ...

Elliott pushes to break up Honeywell after taking $5bn stake

US activist investor wants to split the conglomerate’s aerospace and automation businesses

In just two years, Netflix’s ad-supported tier has signed up 70 million users, eclipsing total membership for Hulu, Peacock, and Apple TV+

Advertisers have also sold out the network’s two Christmas NFL games. Read More

UN hopes tech will answer call to address its climate impact at COP29

In 2022, 166 tech companies emitted nearly 1% of global greenhouse gas emissions—that total would place them in the league ...