Business

A new IKEA location received a record-breaking 3,730 applications for just 150 open roles. Inside the pay and perks luring talent back to retail

OSTN Staff

IKEA’s new location in London offers employees livable wages, flexible schedules, and other perks. Read More

Trump blasts WFH policies: ‘Nobody is gonna work from home. They are gonna be going out, playing tennis, playing golf’

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President Donald Trump claims federal employees working from home are playing golf, working 10% of the time and taking on ...

Judge to rule whether Elon Musk can have access to Treasury records

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DOGE was sued on the grounds that Musk’s team was composed of “political appointees” and not “civil servants” specially trained ...

Trump says Gaza ceasefire deal should be canceled if Hamas doesn’t release all remaining hostages by Saturday

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Trump was responding to Hamas saying it will delay the further release of hostages in the Gaza Strip after accusing Israel of ...

Thomson Reuters CEO: How AI will change law firms

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Law firms that embrace AI will be able to pioneer new opportunities that transform how they do business. Read More

USAID can’t track $8.2 billion in unspent aid after Trump administration froze foreign funding and idled staffers, watchdog warns

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The administration’s fast-moving dismantling of the agency has left oversight of the aid “largely nonoperational,” USAID’s inspector general’s office said. Read More

Dozens of companies are stealing MicroStrategy’s playbook to hoard bitcoin in their corporate treasuries instead of cash to boost their share price

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About 78 companies worldwide have added Bitcoin to their reserves. Read More

Donald Trump’s penny proposal would eliminate 1 in 2 coins minted in the U.S.—but nickels are the real villains

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The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we’d need ...

Ineos in legal scrap with New Zealand Rugby team as Sir Jim Ratcliffe’s group blames high energy costs for trying to adjust multimillion-dollar sponsorship

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Ineos says it tried to adjust its agreement with New Zealand Rugby, citing the effect of high energy costs and ...

Karma is a powerful weapon in the war for talent

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Also: Former Meta director sues, Nokia taps new AI-focused CEO. Read More

State lawmakers are proposing to ban abortion pills and punish women who seek to end their pregnancies

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Bills in several states would open the door to criminal charges against women who seek or obtain abortions on charges ...

Alabama man pleads guilty to role in SEC social media account hack that spiked Bitcoin price by over $1,000

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Eric Council Jr., 25, pleaded guilty to an identity theft charge in U.S. District Court in Washington. Read More

Justice Department orders prosecutors to drop corruption charges against New York Mayor Eric Adams

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In a two-page memo, acting Deputy Attorney General Emil Bove told prosecutors in New York that they were “directed to ...

Tariffs ‘will not go unanswered’—EU vows to trigger tough countermeasures against U.S.

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In Germany, home to the EU’s largest economy, Olaf Scholz told parliament that “if the U.S. leaves us no other ...

Trump moves to dismantle government’s public integrity guardrails with firings and lax enforcement

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In a boon to corporations, he ordered a pause to enforcement of a decades-old law that prohibits American companies from ...

Trump is forcing Europe to a reckoning on Ukraine

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The worst nightmare of leaders on the continent is a deal between Putin and the US president done over their ...

Hawaii court blocks insurers’ claims, salvaging $4 billion Maui wildfire settlement

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Insurance companies insisted that they should have the right to go after the defendants separately to recoup money paid out ...

BYD expands ‘God’s Eye’ intelligent driving into its entry level cars, sending other China EV shares tumbling

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Shares of competitors Li Auto, Xpeng, and Geely Auto fell by 6%, 9% and 10% respectively. Read More

EU to mobilize $206 billion in AI investment. ‘The AI race is far from over’ says chief

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At the Paris AI summit, the European Commission president said the EU would contribute 50 billion euros with the rest ...

EU to retaliate against US steel and aluminium tariffs

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Trading bloc promises ‘firm and proportionate countermeasures’

Federal prisons, plagued with ‘a critical staffing shortage, crumbling infrastructure and limited budgetary resources,’ are being used for Trump’s immigration crackdown

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In Trump’s last term, asylum seekers sued over spoiled milk and inedible food in rundown federal prisons. Read More

Deloitte US asks public contractors to axe gender pronouns from emails

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Big Four firm will also ‘sunset’ its diversity goals as part of shift after Trump’s election

23-year-old serial entrepreneur Steven Wang dropped out of Harvard and raised $17 million for his brokerage. He says he made his worst stock investment in elementary school

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Steven Wang, founder and CEO of the trading platform dub, spends $150 a year on a meditation app, doesn’t cook ...

Ukraine wants to strike a deal with Trump to develop its minerals industry. Why are rare earth elements so important?

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Ukraine’s mineral industry could provide a valuable source of the rare earth elements that are essential for many kinds of ...

Can Finnair’s new CEO navigate turbulence and take the airline higher?

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Finnair has had to adapt to several challenges in the last five years, including the pandemic and then the war ...

BP pledges ‘fundamental reset’ of strategy as profits sink

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Chief executive Murray Auchincloss vows to boost performance after activist Elliott takes stake

Paying your mortgage with a credit card is a bad idea. But two credit card startups want to reward you for mortgage payments

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Typically it’s either impossible or a very bad idea to pay your mortgage with a credit card. A new credit ...

You can earn up to 4.50% APY. Check out the best CD rates today, February 11, 2025

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CD rates are currently at their highest compared to recent years, with many yielding over 4% APYs Read More

Are Millennials the reason single-family home rents are off the charts? A new Zillow report looks at the numbers

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A new Zillow report shows that rent for single-family homes is growing much faster than for multi-family units. Read More

Credit card startup Mesa wants to reward homeowners with points for mortgage payments, but the math might not add up for everyone

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Can you earn credit card rewards when you pay your mortgage? The Mesa Homeowners Card attempts to crack the code. ...