Business

Brussels to free up billions of euros for defence and security from EU budget

Policy shift will allow the bloc’s capitals to redirect ‘cohesion funds’ amid Ukraine conflict and Trump victory

MicroStrategy’s $2 billion Bitcoin buy is largest since 2020

The latest purchase raised MicroStrategy’s Bitcoin holdings to around $24 billion, based on Monday’s record price. Read More

Target’s CEO brought his top 50 leaders together. Here’s the advice he gave them

“We spent a lot of time making sure we understood the why—why do we make certain decisions?” Read More

CFOs are tackling hard truths in the generative AI era

CFOs must as both act as both guardians of stability and agents of transformation. Read More

Shopping for a 2025 Medigap policy? There may be some good news for you

A Biden administration proposed rule, scheduled to take effect January 1, 2025, could guarantee Medigap coverage regardless of health conditions. ...

CEO of pharma giant Sanofi says businesses should stop ‘AI washing’ 

Some companies are overselling AI without thinking through the risks, according to Paul Hudson Read More

Foreign secretary backs Mandelson to be UK ambassador to US

Former trade secretary has emerged as the frontrunner, with final decision expected within weeks

Chipotle names Scott Boatwright as CEO

Boatwright had been serving as interim CEO and previously was chief operating officer and chief restaurant officer at Chipotle, which ...

People underestimate AI the same way everyone underestimated steel in the 1800s, tech CEO says

It took decades for people to start using steel in other construction projects beyond railroads. Read More

The ‘digital nomad’ lifestyle, which tapered off in recent years, has gained new momentum after Trump’s election win

Interest reportedly “spiked during the vote count.” Read More

Kemi Badenoch blames civil service for slow pace of Post Office compensation

New Conservative leader says ITV drama brought ‘urgency’ to helping victims of scandal

UK shoppers hit by taramasalata shortage due to strike

Workers at food manufacturer Bakkavor have walked out in a dispute over pay

Trump to appoint immigration hawk Miller as deputy chief of staff

Adviser championed policies during president-elect’s first term that included separating migrants from their children

Italian court rejects Meloni’s migrant camps in Albania for a second time

Judge also asks EU’s top court to weigh in on the legality of the overall programme

Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says

Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according ...

Trump rally takes Tesla above $350, bulls tout firm’s AI promise

Wedbush Securities’ Dan Ives believes a second Trump administration is a massive boost for Tesla’s “full self-driving” software. Read More

49ers star fined $11,255 for wearing a MAGA hat during a post-game interview says ‘it was well worth it’

Nick Bosa agreed to a five-year, $170 million contract extension in September 2023. Read More

13 women will be governors next year—a new record

The election of Republican Kelly Ayotte as New Hampshire’s governor makes it official. Read More

Former Secretary of State Mike Pompeo says Trump won’t let Putin ‘roll through Ukraine’

Pompeo said it was critical the West be seen as having beaten Putin. “I’m very hopeful President Trump will see ...

UK made legal error in granting oil and gas licences, companies will admit

Rosebank and Jackdaw projects to be scrutinised in key case for future offshore fossil fuel projects

Mattel was supposed to have a hit with its ‘Wicked’ dolls ahead of the movie premiere. But it backfired

Toy manufacturer apologizes for misprint on “Wicked” dolls that direct to an adult site. Read More

Vinod Khosla pleads with Elon Musk after Trump’s win—avoid ‘RFK kooky science’

“Hopefully you can get Trump to do some of the things he said he’d do and not do some of ...

Bitcoin brushes $85,000 in new all-time high

The current bull run was triggered by Trump’s decisive victory last week, which ushers in a new era of pro-crypto ...

Australian billionaire Anthony Pratt, with whom Trump allegedly shared nuclear secrets, is permanently moving to the U.S.

The paper-and-packaging mogul has been a member of the president-elect’s Mar-a-Lago Club since 2017. Read More

Argentine star fintech Ualá wins fresh funding from Allianz and Alan Howard

Latest fundraising values company at $2.75bn following one of biggest VC rounds in Latin America in recent years

Art made by humanoid robot sells for $1 million at auction

It had been expected to fetch no more than $180,000. Read More

Biden should use what remains of his presidency to act in the Middle East

Without domestic constraints, he is free to stop aligning US policy with the wishes of Benjamin Netanyahu

1.4 million Honda and Acura cars are being targeted in a federal investigation because their engines can fail

Honda said it will cooperate with NHTSA on the investigation. Read More

Jazz legend Wynton Marsalis says America’s democracy is ‘in swing’

Just like in improvised music, politicians are constantly balancing opposing forces. Read More