Business

Trump is taking a sledgehammer to the anti-corruption cause
Recent moves by the president will open America’s doors to bad actors

Europe left reeling by Trump over Ukraine peace talks with Russia
EU allies fear having to pay for postwar security despite being cut out of negotiations as officials head for Munich ...

What will Musk’s businesses gain from his proximity to Trump?
The world’s richest man now holds huge sway over its most powerful leader — and the US government

State Department might buy $400 million worth of ‘armored Teslas’ from DOGE head and Tesla CEO Elon Musk
Elon Musk, head of the DOGE and CEO of Tesla simultaneously, has said he will police his own conflicts of ...

‘The Opec of nickel’: Indonesia’s control of a critical metal
What the country does with its newfound power will be crucial for everything from prices to the future of mining ...

US private equity-backed data centres fuel TikTok owner’s growth
Global buyout groups often do not know whether ByteDance uses their facilities to exploit a legal loophole to access chips

Robinhood hits record $1 billion in Q4 revenue, boosted by 500% jump in crypto fees
The online brokerage’s stock soared in 2024 as investors flooded back into crypto to trigger another bull market. Read More

‘We are a speck of dust’: CEO of $80 billion DoorDash reveals candid take on popular delivery app’s standing
DoorDash’s CEO argues his company has plenty of room for growth in its core restaurant delivery business in addition to ...

Wall Street nears sale of $3bn of debt tied to Musk’s Twitter buyout
Billionaire’s close ties to re-elected US president have piqued investors’ interest

UK competition regulator must be ‘less risk averse’, minister will urge
Business secretary Jonathan Reynolds will set out ‘strategic steer’ for CMA on Thursday

New UK property listings bounce back as mortgage rates fall
Bank of England interest rate cuts boost residential market activity, say estate agents

Experts warn flu season hasn’t peaked yet, and will get worse before it gets better
At least 24 million illnesses, 310,000 hospitalizations, and 13,000 influenza-linked deaths—including 57 children—have plagued the U.S. this season. Read More

House Republicans join Elon Musk’s DOGE crusade to slash ‘stunning’ national debt
“We, as a country, are $36 trillion in debt. That is such a stunning amount of money,” said Marjorie Taylor ...

Read the full letter of intent Elon Musk’s lawyer sent to OpenAI this week
Elon Musk and a group of investors made a $97.4 billion offer for the AI startup this week. Read More

Elon Musk’s $97.4 billion OpenAI bid to be ‘one hundred percent’ in cash, requests access to company records — letter of intent
The official letter of intent was filed in a federal California court on Wednesday. Read More

DOGE—tasked with trimming federal spending—has more than doubled its budget already, disclosures show
The group’s funding grew from $750,000 to $6.75 million and then $14.4 million in less than two weeks. Read More

‘No signs of slowing’: US egg prices soar as avian flu rips across farms
Wholesale prices have doubled over the past year as culls to stop spread of virus prompt shortages and rationing

Trump wants lower interest rates to go ‘hand-in-hand’ with tariffs, but yields are soaring after inflation data came in hot
Wall Street is reckoning with the possibility the Federal Reserve will stand down on rate cuts this year. Read More

Trump just made his boldest move yet in an attempt to cut down the federal workforce
Everything you need to know about an executive order trying to put the Department of Government Efficiency in charge of ...

Goldman Sachs gobbles up Bitcoin and Ethereum as crypto ETF holdings soar past $2 billion
The investment bank isn’t the only Wall Street titan gobbling up crypto. Read More

The new AI arms race
America and China are vying for dominance, while Europe tries to compete

Informatica CEO: How AI agents could find their way into most businesses—just as PCs did
Widespread adoption of AI agents will be driven by advances in GPUs, algorithms, and domain-specific data. Read More

Grimes rips Elon Musk for parading around their four-year-old during Trump’s press conference: ‘He should not be in public like this’
Grimes and Musk’s son X Æ A-Xii or “Lil X” often accompanies his father during important meetings. Read More

Why Argentina is back in love with the peso — for now
Despite Javier Milei’s pledge to dollarise the economy, the national currency is having a resurgence

French President Macron denounces Trump’s Gaza takeover plan: ‘The right answer is not a real estate operation’
President Donald Trump wants to remake Gaza into the “Riviera of the Middle East,” and he wants Jordan and Egypt ...

Chevron to slash up to 20% of its workforce
US oil major is seeking to cut billions of dollars in costs

Treasury fears UK watchdog will give it little credit for pro-growth reforms
Chancellor Rachel Reeves is braced for a steep downgrade by the Office for Budget Responsibility to its forecasts for output

CIOs are allured by DeepSeek’s promise of lower costs. What’s next is evaluating data privacy and regulatory challenges
CIOs and CTOs laud the healthy competition from DeepSeek’s latest low-cost AI model, even as they sort through data privacy ...

A Steve Jobs–signed business card is up for auction and the price has already hit $75,000
And it’s going to go a lot higher. Read More

US to release Russian in exchange for freed American teacher Marc Fogel
Alexander Vinnik is in custody on money-laundering charges