Business

3-year study finds MacKenzie Scott’s $19 billion in charitable giving has been ‘transformational’ for nonprofits
A new report analyzes data from over 1,000 organizations that have received grants from the billionaire philanthropist. Read More

TPG-spinout Greenfield Partners raises $400 million fund to back early growth companies
How Greenfield helps startups manage an “environment of controlled chaos.” Read More

OpenAI co-founder Ilya Sutskever’s new AI startup—that outsmarts humans in a safe way—is heading for a $30 billion-plus valuation
A $30 billion valuation would make Sutskever’s Safe Superintelligence one of the most valuable private AI companies. Read More

NY Gov. Hochul weighs removing NYC Mayor Adams after 4 of his top deputies quit amid DOJ push to end his corruption case
Hochul said the departures of First Deputy Mayor Maria Torres-Springer and other top officials raise “serious questions about the long-term ...

27% of job listings for CFOs now mention AI
Some CFOs are being charged to lead the AI initiative across the company. Read More

Nigel Farage calls for more UK births in pro-family message
Reform UK leader may alienate swing voters with new socially conservative pitch

Elon Musk’s wrecking ball
The world’s richest man is taking a torch to the American state on behalf of Donald Trump

Coca-Cola enters booming $820 million prebiotic soda market with launch of Simply Pop
Coca-Cola launches Simply Pop following reports in early 2024 that it had been exploring an acquisition of start-up Poppi. Read ...

US and Russia agree to ‘lay the groundwork’ for ending Ukraine war
Negotiations were first high-level talks on the conflict since early months of Vladimir Putin’s invasion

JPMorgan set to relive ‘huge mistake’ at Javice fraud trial
Prosecutors will seek to prove that Charlie Javice, the founder of college financial-planning startup Frank, committed fraud in order to ...

Europe refuses to delay Meta and Apple antitrust decisions, despite pressure from the U.S.
The issue of tech regulation has become central to the U.S.-EU trade confrontation. Read More

‘If parents have dinner, the kids have to sit at another table’: German defense boss says Europe has itself to blame for being cut out of Ukraine talks
European NATO members’ repeated failure to hit its defense spending targets means it should have no complaints about peace talks, ...

France bans prison activities like country dancing and facial massages—former minister insists only education-focused programs should remain
“We must now completely stop these activities, whose existence no one understands,” Gerald Darmanin, a former interior minister said. Read ...

Singapore buys only small amount of Nvidia chips, official says
Trump officials are probing whether China’s DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore. Read More

Vietnam is cutting 1 in 5 government jobs as top leader targets ‘safe havens for weak officials’
“If we want to have a healthy body, sometimes we must take bitter medicine and endure pain to remove tumors,” ...

The U.S. is getting hit with a ‘polar vortex’ this week. What’s the cause of this Arctic weather pattern?
This week, parts of the U.S. are experiencing the 10th and coldest polar vortex event this season. Read More

Xi Jinping’s U-turn on tech
Also: Tisch family appoints new Loews CEO, Meta will take EU complaints to Trump. Read More

European leaders push for unity amid fears Trump could sideline them in Moscow negotiations
In a hastily convened meeting at the Elysee Palace, European leaders scrambled to craft a response to President Trump’s abrupt ...

Mexico says it owns more of the ‘Gulf of America’ than the U.S. and will sue Google if it doesn’t change the name on its part back
Mexico has argued that the mapping policy violates Mexican sovereignty because the U.S. only has jurisdiction over around 46% of ...

Italy is investigating Amazon over an alleged €1.2 billion tax dodge
The total claim against the online retailer, including penalties, could soar to €3 billion ($3.14 billion). Read More

Elon Musk called Donald Trump about claims he was a puppet president, saying: ‘They’re trying to drive us apart’
Elon Musk called the president to address speculation that he was the real power in the White House—but Trump remains ...

Social Security boss steps down over DOGE attempts to access sensitive recipient information
Acting Commissioner Michelle King’s departure from the agency over the weekend was initiated after King refused to provide DOGE staffers. ...

Thames Water £3bn rescue loan gets High Court approval
Struggling utility allowed to borrow from top-ranked creditors at ‘very, very high’ interest rate

Southwest Airlines prepares its first sweeping layoffs ever, slashing 15% of its workforce
The Dallas-based airline said that the job cuts would be focused almost entirely on “corporate overhead and leadership positions,” including ...

FAA union warns Trump is firing hundreds of aviation employees just weeks after deadly DC crash
The impacted workers include personnel hired for FAA radar, landing and navigational aid maintenance, one air traffic controller told The ...

‘Two-tier’ AI economy is emerging between startups and corporations, with large organizations falling behind, AWS EMEA chief says
Large companies are not adopting AI as quickly as start-ups, AWS managing director Tanuja Randery says. Read More

Job applicants say the search has never been harder but C-suite leaders are losing sleep over attracting top talent
Labor and talent are top concerns for executives right now. Read More

UK wage growth accelerates in final quarter of 2024
Average weekly earnings rose 5.9% as the Bank of England weighs when to next cut interest rates

Congress wants to kill two education tax credits. That would cost American students billions in lost benefits
The GOP leadership in the House has proposed eliminating two education tax credits to save the government $85 billion over ...

The best savings account is offering 5.00% APY. Check out our list of the top high-yield savings accounts today, February 18, 2025
Some high-yield savings accounts are still offering rates around 5%. Check out our ranking of the highest savings account rates ...