Business

Like Elon Musk, 1 in 3 bosses admit they are pushing RTO because they’re so upset about wasting money on all those empty desks

One in ten of those firms admitted that they plan to scrap the mandates entirely after their leases expire. Read ...

Uber’s stock has had a volatile 2024 but it could go gangbusters next year, analysts say

Neither autonomous vehicles nor Trump’s immigration policies should worry Uber investors, analysts say. Read More

Trump insults Canada’s ‘totally toxic’ finance minister after she slams Trudeau government’s ‘costly political gimmicks’ in her resignation

“The Great State of Canada is stunned as the Finance Minister resigns, or was fired, from her position by Governor ...

Ozy Media founder Carlos Watson gets nearly 10 years in prison in financial conspiracy case about collapsed startup

In one example, another Ozy executive impersonated a YouTube executive to hype Ozy to investment bankers — while Watson coached ...

Temu tops U.S. iOS downloads for second year running amid greater scrutiny of China companies

Apple ranked Temu as the top free app on its U.S. iOS store for the second year running even as ...

UK wage growth accelerates to 5.2%

Increase in three months to October driven by private sector

South Korea political turmoil presents investment opportunities, says U.S. investor

Arjun Jayaraman, portfolio manager at Causeway Capital Management, said the “value is certainly compelling” in South Korean markets.

Germany’s auto giants were already reeling. Now Trump wants to turn them into American companies

For Germany, the prospect of U.S. tariffs on European autos comes at a time when it’s top original equipment manufacturers ...

The U.S. reportedly plans to investigate China’s dominance of legacy chips

The Biden administration’s investigation, reported by the New York Times, could lead to tariffs or import bans. Read More

Top Russian general killed in Moscow apartment blast

Senior officer was head of military’s nuclear, chemical and biological defence forces

Multimillionaire Lucy Guo’s only regret: Investing in ‘every startup that’s gone to zero’

Meet the serial entrepreneur who rides her electric skateboard to work—when her assistant isn’t driving her. Read More

Dollar set to extend Trump rally, says Wall Street

US president-elect unlikely to get his wish of a weaker currency, according to analysts and investors

The gig economy is coming to a shop near you

Apps that let retailers hire freelance staff by the shift are increasing in popularity

China would balk at a sweeping Mar-a-Lago accord

Given the need for a weak renminbi to support export growth, a reprise of the 1985 Plaza Accord with Japan ...

The relentless advance of American asset managers in Europe

Powerful US groups are shaking up the market and forcing their transatlantic rivals to partner and scale up — or ...

Trump picks China critic Glass as Japan envoy

Trump said on Monday he was picking George Glass, a former investment banker and diplomat notable for his criticisms of China, to ...

Top investor dubs U.K. a ‘banana economy’ with a ‘build absolutely nothing anywhere near anything’ mantra

PIC says the U.K.’s stunted planning policy is leaving $250 billion for viable projects unused. Read More

Facebook-parent Meta settles with Australia’s privacy watchdog over Cambridge Analytica lawsuit

Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on Tuesday.

Execs must use AI and understand it — but don’t become ‘too enamored’ by the technology, warn business leaders

Business leaders from Salesforce, Edward Jones, Insight, and Accenture shared their views on the best way to become an AI ...

Waymo to begin testing in Tokyo, its first international destination

The Alphabet-owned company has struck deals with major Japan-based robotaxi operators to begin testing in 2025.

Trump loses battle to toss hush money conviction using presidential immunity

Trump’s lawyers have still raised other arguments for dismissal. Read More

Wisconsin school shooter likely died by suicide after the teen opened fire on students

The unidentified teen killed another student and a teacher, and injured others, authorities said. Read More

Self-made billionaire shares his life advice: ‘Have a go, don’t stand around thinking about it’

Jack Cowin, 82, built a fast food business that is worth over $3 billion. He shares some simple truths about ...

Nasdaq hits high despite Nvidia lagging behind

The stock market is not necessarily a zero-sum game. You can own both Nvidia and Broadcom, and benefit regardless of ...

Indonesia’s protectionist policies aimed at attracting investment are misguided, economists warn

“I call it pseudo-protectionism,” said Bhima Yudhistira, executive director of the Center of Economic and Law Studies.

China wants to dominate in AI — and some of its models are already beating their U.S. rivals

Chinese AI models are already hugely popular and are keeping pace with — and even surpassing — some U.S. rivals, ...

Trump loses bid to toss New York hush money conviction on immunity claim

President-elect Donald Trump was convicted of 34 felony counts of falsifying business records related to a hush money payment to ...

Argentina’s economy exits recession in milestone for Milei

GDP expanded in third quarter as long-running crisis begins to ease

SEC plans to sue Unicoin—a sign outgoing Chair Gensler’s anti-crypto campaign is not over

The agency notified Unicoin its intent to sue the company over violations related to fraud and unregistered securities. Read More