Business
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 ...
Dogecoin continues to surge as Elon Musk flexes influence over Trump’s staffing picks
The Shiba Inu-themed memecoin has almost tripled in the last week. Read More
Trump could ‘kick off a crypto Golden Age’ by delivering guardrails and regulations the industry has been craving, finance CEO says — ‘there’s so much pent-up demand’
As President-elect Donald Trump fills out his administration, the industry hopes for crypto-friendly appointees. Read More
Judge delays key ruling on fate of Trump hush money conviction
A New York jury found Donald Trump guilty on 34 counts of falsifying business records related to a hush money ...
28% of credit card users are still paying off last year’s holiday tab. But that’s an improvement
Americans tend to overspend during the holiday season. In fact, some shoppers are still paying off last year’s purchases.
Manufacturing fetishism is destined to fail
It is so much easier to blame the disappearance of these US jobs on China than on domestic consumers and ...
Bitcoin goes ballistic: Investors see quick march to $100K as governments move to enter market
“A regime shift is underway,” said one crypto hedge fund manager. Read More
Worried about creepy ads on Instagram and Facebook? Users in Europe can now opt-out of personalized ads
Meta has added a new option for users in the EU to stop personalized advertising on its platforms. Read More
The ultra-rich are increasingly using private jets for short-term flights, racking up global emissions from a tiny fraction of the population
Major events like the Super Bowl, World Economic Forum, and Cannes Film Festival are magnets for jet travel—and the wealthy ...
Brooke Shields: ‘I am really, truly, slightly terrified’ about the misogyny in our culture
Shields is speaking out against the misogyny in our culture today. Read More
Republicans say they are ‘ready to deliver’ on Trump’s promises: ‘Deportations, the drilling, the wall—it’s going to take all of us getting together’
The GOP has already cemented the trifecta, clinching majority rule in all three government branches. Read More
New York judge delays decision on Trump’s ‘hush money’ sentencing
Prosecutors cite ‘unprecedented circumstances’ surrounding conviction after the US presidential election
Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up ...
Supreme Court rejects Mark Meadows appeal in Georgia election interference case
Donald Trump’s former White House chief of staff failed in his bid to move the case to federal court to ...
Pfizer explores sale of hospital drugs unit, Reuters reports
Pfizer is exploring the sale of its hospital drugs unit, according to three people familiar with the matter, Reuters reports.
Apple needs all four of its iPhones to be popular if it’s going to reignite sales
Every year since 2020, when Apple moved to a four-model lineup, one of them has lagged in terms of sales.
Family offices becoming ‘economic powerhouse’ in private company deals
Family offices are increasingly bypassing private equity funds and buying stakes in private companies directly, according to a new survey.
Wall Street sees a buying opportunity in these crypto mining stocks as bitcoin marches to new records
Some bitcoin miners are giving investors an opportunity to get in on the cryptocurrency’s big postelection rally.
Leading China investor Fred Hu advises Beijing to ‘stay cool’ amid Trump tariff threat
If China retaliates to a trade war, “that’s a lose-lose with global ramifications,” said Primavera founder Fred Hu at the ...
Archbishop of Canterbury Justin Welby resigns over abuse scandal
Welby had faced intense pressure over his role in Church of England’s failure to halt years attacks by child abuser
Boeing reaches last-minute settlement with victim’s family to avoid a civil trial in 737 MAX crash that killed 157
The initial complaint said the victim, Manisha Nukavarapu, was in her second year of medical school residency at East Tennessee ...
How will the Fed handle Trump?
Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive
Far-right Israeli minister’s call to annex West Bank sparks outrage
Diplomats including EU’s Josep Borrell say move would breach international law and threaten regional stability
Brian Niccol’s replacement officially becomes Chipotle’s new CEO
Boatwright is likely to look to new CFO Adam Rymer as a strategic partner. Read More
Former aide Sue Gray rejects Keir Starmer’s job offer
Ex-chief of staff had been lined up for part-time role as link with devolved nations and regions
Wells Fargo economist says cheap Thanksgiving meals will be more expensive this year
Thanksgiving prices are behaving unusually this year, in part due to sellers over-reacting to Covid price increases. As things normalize ...
