Business
Kioxia shares climb slightly on debut in Tokyo after $800 million IPO
The company had raised 120 billion yen in its IPO, exercising a overallotment option. Shares were priced at 1,455 yen ...
Nissan shares surge 22% after media reports on potential merger with Honda
Nissan Motor shares surged Wednesday following a media report that the Japanese automaker is looking to merge with Honda.
Newly proposed Washington wealth tax would impact Bill Gates and those with over $100 million
The tax would apply to about 3,400 residents — Microsoft founder Bill Gates among them — and bring in $10.3 ...
Hundreds of OpenAI’s current and ex-employees are about to get a huge payday by cashing out up to $10 million each in a private stock sale
A group of current and former OpenAI employees are eligible to cash out up to $10 million worth of shares ...
FTC says Grubhub ‘tricked its customers’ and listed restaurants without consent
In a statement, Grubhub denied wrongdoing. Read More
Big tech has poured millions into Trump’s inaugural fund—but Salesforce CEO Marc Benioff says he won’t join them
“I think we just donated that photo,” Benioff said as he chuckled. “He can use the Time magazine cover for ...
Fed set to deliver third-straight interest rate cut
Fed Chair Jerome Powell may face questions about whether progress toward the central bank’s 2% inflation goal has stalled. Read ...
Despite Dow’s nine-day losing streak, we aren’t in dire straits
The Dow’s nine-day losing streak isn’t all that scary, once you dive into the numbers.
Nissan and Honda consider merger to take on world’s biggest carmaker
A deal would effectively consolidate the Japanese auto industry into two main camps. Read More
Mom of Elon Musk wants people to have kids even if they can’t afford it: ‘Have children, add value to your life’
“You don’t have to go to the movies, you don’t have to go out for dinner, just spend time with ...
Congress releases short-term funding bill as deadline nears to avert a holiday shutdown
The measure would keep the government funded until March 14, throwing a messy deadline into Trump’s first 100 days, while ...
Brexit hit to UK trade less than predicted, says study
Larger companies have adapted to red tape at the border, according to London School of Economics research
How Luigi Mangione went from an ivy league computer science grad to getting charged with terrorism
Luigi Mangione already was charged with murder in the Dec. 4 killing of Brian Thompson, but the terror allegation is new. Read ...
Fed decision is ‘last hurdle’ before a Santa year-end rally, Bank of America says
Stocks typically rise in the second half of December, especially following elections, according to Bank of America.
Ivy League not required: Fortune’s Most Powerful Rising Executives break the mold that success requires a top-ranked education
While the next generation of leaders all went to college, not all studied business or attended a top-ranked school. Read ...
Experts surprised to find over 30 sinking high-rise condos and luxury hotels in Florida near site of tragic Surfside collapse
It’s not uncommon for buildings to sink a little during and soon after construction, but the scientists called their discovery ...
Musk giving ‘serious thought’ to donating to Reform UK, says Farage
Party leader meets tech billionaire at Mar-a-Lago as party seeks to boost ties with president-elect Donald Trump
Databricks CEO Ali Ghodsi on raising $10 billion, fighting for AI talent, and someday going public
Databricks announced one of the largest venture capital fundings ever, led by Thrive Capital, and is now valued at $62 ...
A new lawsuit backed by crafters of the 1997 Leahy law says the federal government is carving out loopholes for Israel despite ‘reasonable’ evidence it violated international law
The law bars U.S. military assistance to foreign military units when there is credible evidence of gross human rights abuses. ...
The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Traders are pricing in a near-certainty that the Fed on Wednesday will lower its key rate by a quarter point.
Starbucks union approves strike ahead of final bargaining
Starbucks Workers United said 98% of union members voted in favor of a stoppage, which will occur “if necessary.” Read ...
Salesforce will hire 2,000 people to sell AI products, CEO Marc Benioff says
Salesforce CEO Marc Benioff said his company is bringing on more salespeople specializing in artificial intelligence.
Wall Street sees upside in 2025 for these dividend-paying real estate stocks
After a dismal couple of years, the outlook for real estate looks brighter for 2025, according to many on Wall ...
How a Global 500 insurer’s $1.6 billion Singapore deal fell apart
Allianz’s bid to take over Singapore’s Income Insurance drew scrutiny from both public officials and prominent Singaporeans. Read More
Luigi Mangione charged with first-degree murder in UnitedHealth killing
Indictment alleges Brian Thompson’s slaying was done ‘in furtherance of terrorism”
Stellantis vows to invest in Italy as it seeks thaw with Rome
Fiat owner to increase production as it looks to rebuild bridges following ousting of Carlos Tavares
Trump says ‘we’re going to knock out the middleman’ and eliminate pharmacy benefit managers that he claims are jacking up drug prices
Health care stocks such as Cigna and UnitedHealth Group dipped after Trump’s comments at his Mar-a-Lago press conference Monday. Read ...
Ripple’s RLUSD launches on global exchanges with some investors paying a premium
RLUSD trades above $1 as limited supply impacts its initial price. Read More
The final hours of Cash App creator Bob Lee, and his ties to the tech founder convicted of murder in his fatal stabbing
Bob Lee and Nima Momeni traveled in the same high-flying tech circles. Their final encounter ended in murder. Read More
