Business
Private equity investors trapped in China as top firms fail to find exit deals
Sales and listings of Chinese companies by world’s biggest buyout groups have ground to a halt, data shows
Britain’s £2 billion shoplifting spree sparks security overhaul
Britain’s retailers, who have traditionally had few effective ways to tackle shoplifting, believe they will be able to turn the ...
Exclusive: Ireland’s housing crisis is making a third of residents consider moving to a more affordable country
A RE/MAX survey finds Irish people among the most likely to consider moving abroad as an affordability crisis strikes across ...
UK launches review of targets for sales of electric vehicles
Carmakers say current plan could lead to job cuts as shift away from petrol and diesel engines stalls
Fed says it is weighing changes to bank tests for systemic risk
Overhaul could alter the models for hypothetical losses, averaging results over two years to cut results’ volatility
China’s in the driver’s seat as EV sales are set to keep growing into 2025
China “will add nearly twice as many EV sales next year as the rest of the world combined,” predicts Rho ...
Dogecoin tumbles over 25% as memecoins battered by crypto pullback
Memecoins often experience harsher selloffs than ‘more established’ cryptocurrencies. Read More
Airlines see busiest Christmas season on record
Consumers in UK and US still prioritising holidays and travel over other discretionary spending, say industry bosses
Chemical company head faces criminal charges for Flint River spill that caused miles of contamination
Critical maintenance and upgrades at the facility allegedly were mismanaged and neglected. Read More
Economist predicts Trump’s tariffs won’t just be for leverage like his first presidency: ‘I don’t think many countries would be able to negotiate their way out of it’
Paul Ashworth of Capital Economics spoke recently about what will happen to the economy under Trump. Read More
Can Trump buy Greenland? What to know besides ‘no’
Until a century ago, these kinds of transactions were not unusual: Before the Alaska purchase, the US bought the territory ...
Is Honey a scam? The popular money-saving browser extension touted by YouTubers like MrBeast is accused of ripping off customers and influencers
PayPal purchased Honey for $4 billion in 2020. Read More
Luigi Mangione pleads not guilty to NY state murder and weapons charges in UnitedHealthcare CEO’s death
Mangione also faces federal charges, which could carry the possibility of the death penalty, while the maximum sentence for the ...
CFPB sues Walmart, fintech partner for illegal account openings
The companies are accused of opening expensive bank accounts for delivery drivers without their consent. Read More
Matt Gaetz accused of paying for sex and using drugs by US congressional panel
Explosive report says Donald Trump’s former nominee for attorney-general also had sex with an underaged girl
Nordstrom family to take chain private in $6.25 billion deal
Shares in Nordstrom fell as much as 1.3% on Monday in New York. Read More
Analysts expect the usual ‘Santa Claus rally’—but watch out if it fails to come
The second half of December is typically the second-strongest period of the year for U.S. equities, according to Bank of ...
Fleeing the country and rationing testosterone: Transgender Americans’ new reality under a Trump presidency
Approximately 1.3 million adults and 300,000 youths identify as transgender in the U.S., and among them, it’s clear that a ...
Damning 37-page report says Matt Gaetz ‘regularly’ paid for sex and used drugs while he was a member of Congress
Gaetz has denied all wrongdoing. Read More
Blake Lively’s Target hair care line saw sales decline as much as 78% after alleged ‘coordinated smear campaign’ by her co-star Justin Baldoni
Lively filed a lawsuit against her co-star in the movie adaptation of bestselling book “It Ends With Us” Read More
France’s new prime minister selects Eric Lombard as his finance minister
François Bayrou unveils members of cabinet and starts to focus on trying to enact a budget
The Container Store files for bankruptcy as housing crisis cripples cash flow
Under Chapter 11 protection, The Container Store will continue to operate while it restructures. Read More
Starbucks’ worker strike expands to a dozen major U.S. cities after employees say the chain offered an ‘insulting economic package’
Your cup of joe will be harder to get as holiday shopping hours dwindle. Read More
One of the last affordable options in the housing crisis has seen prices soar faster than new homes, study says
The average sales price of new mobile homes, or manufactured homes, jumped 58.3% between 2018 and 2023, according to a ...
Party City closing spurred by sudden drop in inventory value
The trouble surfaced when an appraisal significantly reduced the value of key asset categories supporting company borrowings. Read More
Musk urges Bezos to throw an ‘epic wedding’ after Amazon founder blasts report of $600 million nuptials as ‘completely false’
Bezos flatly denied a report he would marry fiancée Lauren Sánchez the weekend after Christmas in a lavish ceremony in ...
The IRS is sending $1,400 stimulus checks to 1 million taxpayers. How to tell if you qualify
The automatic deposits will be issued “later this month” and should arrive “in most cases” by late January 2025. Read ...
Surging cases and lagging vaccines: Why this U.S. flu season has experts worried
Thirteen states reported high or very high levels of flu-like illness last week, about double from the week before. Read ...
Trump’s demand for control of Greenland is immediately rejected
Greenland’s PM: “Greenland is ours. We are not for sale and will never be for sale.” Read More
The alleged online smear campaign against Blake Lively is a reminder of how eager society is to ‘hate on women’
The “It Ends With Us” actress was likely the victim of an online smear campaign. Read More
