Business

Blackstone president warns US risks recession without trade deals

OSTN Staff

Progress in ‘tariff diplomacy’ will determine level of danger for economy, says Jonathan Gray

Want more female business owners? Introduce them to entrepreneurship early

OSTN Staff

Good morning! Britain’s Supreme Court ruled trans women are not legally women, Elise Stefanik might run for N.Y. governor, and ...

Why this CEO believes in a bottom-up approach to AI adoption in the workplace

OSTN Staff

Good morning! Checkr cofounder and CEO Daniel Yanisse wants his employees to use AI. And to help them along, he’s ...

Hermès confirms plans to hike prices on its $10,000 bags in response to U.S. tariffs

OSTN Staff

Hermès will sell its bags and scarves at a higher price in the U.S. than in other parts of the ...

Fed Chair Powell warns of tariff turmoil as big company stocks struggle

OSTN Staff

Good morning. As tariff uncertainty continues, the U.S. Federal Reserve is growing more concerned.  “The level of tariff increases announced ...

Rheinmetall CEO expects order book to balloon by 450% amid Germany military boom

OSTN Staff

As 2024 came to an end, the German arms contractor Rheinmetall was toasting an order book that had reached a ...

ECB cuts rates to 2.25% amid Trump trade war

OSTN Staff

Growth and inflation set to slow as central bankers prepare for tariff impact

Americans, it’s time to move to Europe

OSTN Staff

Europe outdoes the US on the key metrics of a good 21st-century life

TSMC isn’t worried about Trump’s trade uncertainty as it reports a 60% growth in quarterly profit

OSTN Staff

Taiwan Semiconductor Manufacturing Company, the world’s leading maker of advanced chips, is keeping its 2025 revenue outlook, even as the ...

Bitcoin miners in U.S. fear wipeout as 36% tariffs threaten to ‘destroy’ thriving industry

OSTN Staff

When China cracked down on the crypto industry in 2021, many Bitcoin miners set up shop in the U.S. instead. ...

Trump says Fed chair’s ‘termination cannot come fast enough’

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Attack follows pressure from US president for the central bank to cut interest rates

Santander surpasses UBS as continental Europe’s biggest bank

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Banco Santander SA is now the biggest bank in continental Europe by market value, leapfrogging UBS Group AG.  The Spanish ...

Exclusive: Revel emerges from stealth with $30 million to prevent your critical hardware from exploding—literally

OSTN Staff

Scott Morton’s heart rate spiked at the same time, every time. Sitting in the flight control seat during SpaceX’s Starship ...

Freenow acquired by Lyft for $200 million as U.S. ridesharing firm makes bold entry into the European taxi market

OSTN Staff

US ridesharing firm Lyft said Wednesday it had agreed to buy German taxi app Freenow, planting a flag in the ...

European users’ public content and conversations will be used by Meta to train its AI models

OSTN Staff

Meta will start using public posts and comments by its European users to train generative artificial intelligence (AI) models from ...

Hermès to raise US prices following Trump’s tariffs

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Maker of Birkin bags reports slower growth than expected as sector braces for impact of trade war

Japan’s trade surplus with the U.S. ballooned to $63 billion

OSTN Staff

Japan recorded a trade deficit in its March-April fiscal year but racked up a surplus with the U.S., the Finance ...

US House panel probes whether DeepSeek used restricted Nvidia chips

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Lawmakers say the Chinese AI group is a ‘profound threat’ to national security

Trump touts ‘big progress’ in talks with Japan, one of the first countries trying to get a tariff reprieve

OSTN Staff

Negotiations between Japan and the U.S. are underway in Washington, in the first real test of whether U.S. President Donald ...

Nvidia chief Jensen Huang flies into Beijing for talks

OSTN Staff

Visit comes after US clamps down on chipmaker’s sales to China