Business

Austrian prosecutors accuse René Benko of embezzling tens of millions

OSTN Staff

Former billionaire property tycoon behind collapsed Signa group remains in pre-trial detention

Japan’s borrowing costs soar to 14-year high

OSTN Staff

Investors bet on faster interest rate rises, saying inflation is ‘for real this time’

Morgan Stanley cedes title of chief Goldman Sachs rival

OSTN Staff

Both JPMorgan and Evercore generated more M&A advisory fees last year than Ted Pick’s bank

Trump’s Gaza proposal dashes shipping industry’s Red Sea hopes

OSTN Staff

Traffic had risen after the Houthis said they would stop targeting most vessels following the Israel-Hamas ceasefire

The baffling WFH puzzle

OSTN Staff

Businesses are tightening hybrid work rules but homeworking levels have so far barely budged

US endowments join crypto rush by building bitcoin portfolios

OSTN Staff

Universities and charities pile in as prices rally on Donald Trump’s promise to make America a digital assets ‘superpower’

US and China on edge of trade war as tariff deadline looms

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Donald Trump’s shock tactics may have pushed Beijing away from negotiating table, experts say

European companies warn over Trump tariff uncertainty

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Executives left guessing at scale and impact of any US levies on EU imports

New bird flu variant found in Nevada dairy cows has experts sounding alarms: ‘We have never been closer to a pandemic from this virus’

OSTN Staff

Dairy herds in Nevada have been infected by a version of the H5N1 bird flu not previously seen in cows, ...

Investigators are starting to arrest high-tech international thieves targeting US superstar athletes like Patrick Mahomes

OSTN Staff

“These individuals seem to be the alleged tip of the iceberg,” said Kenneth Parker, the U.S. Attorney in southern Ohio. ...

Musk’s DOGE team now seeks access to Treasury’s accounting data

OSTN Staff

Musk will dispatch a DOGE team to Parkersburg, West Virginia, where it will gain read-only access to the US government’s ...

What does Trump really want from Canada and Mexico? It may come down to oil security and bringing both countries ‘under the US’s thumb’

OSTN Staff

“This means both a reliable, unimpeded flow of oil and natural resources from Canada and a safer Mexico. And that ...

Scientists warn Trump’s $4bn funding cuts will harm US medical research

OSTN Staff

Academics say the move imperils scientific progress and helps America’s rivals

Activist hedge fund Elliott builds stake in struggling BP

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US investor could force UK oil company to refocus on core fossil fuels business after foray into green energy

Trump has not decided whether to back UK’s Chagos Islands deal

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Sir Keir Starmer sought US president’s blessing for lease that will affect joint military base on Diego Garcia

The Philadelphia Eagles’ billionaire owner invested $185 million 30 years ago. Now the team is worth 35 times what he paid for it.

OSTN Staff

The Philadelphia Eagles played in aging Veteran Stadium and practiced in shabby facilities, Jeffery Lurie took charge in 1994 and ...

Elon Musk says he doesn’t want to buy TikTok’s US business

OSTN Staff

“I have not put in a bid for TikTok,” Musk said. “I don’t have any plans for what would I ...

Starmer sacks health minister over offensive WhatsApp messages

OSTN Staff

Andrew Gwynne was accused of making racist, antisemitic and sexist comments

Sony PlayStation Network outage enrages gamers around the world

OSTN Staff

“PSN down on a Friday night is criminal,” a London-based user named Ramos wrote on X. Read More

Palantir may be the stock pick for the DOGE era as it leads the AI revolution while Musk plows through government agencies

OSTN Staff

“We see PLTR enabling and leading this revolution in both Commercial and Defense markets.” Read More

Europe’s emboldened far right lauds Trump at Madrid rally

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Marine Le Pen, Viktor Orbán and Geert Wilders endorse call for EU to copy US President’s policies

Federal judge blocks Elon Musk’s access to US Treasury data

OSTN Staff

Order made in response to legal challenge by 19 Democratic state attorneys-general

Gap ramps up return-to-office policy with five-day goal by fall

OSTN Staff

“Creativity thrives on in-person collaboration,” the company said, and the move is “an effort to foster an even stronger community ...

Transportation secretary’s memo to tie funding to marriage and birth rates is called ‘bizarre and a little creepy’

OSTN Staff

With hundreds of billions in transportation money unspent from the 2021 infrastructure law, such changes could be a boon for ...

Judge has concerns about Musk’s DOGE but won’t immediately block its access to Labor Department records

OSTN Staff

U.S. District Judge John Bates said the labor unions who sued to prevent access haven’t yet shown a legal injury. ...

Meet the 56-year-old veterinarian who walked away from a 6-figure salary in the prime of her career because corporate ownership drove her to the nonprofit world

OSTN Staff

Alicia Bye used to co-own two clinics in Texas, but she got out of the game at age 44. The ...

Federal judge blocks Elon Musk’s DOGE from accessing sensitive US Treasury Department records

OSTN Staff

The suit alleges that DOGE’s access to the Treasury records could interfere with funding already appropriated by Congress. Read More

Experts warn MicroStrategy’s high-flying valuation has ‘no rational explanation’—and investors face a double whammy of risk

OSTN Staff

The company, which rebranded from MicroStrategy to “Strategy” this week, is worth just under double the value of its Bitcoin ...

Elf Beauty’s CEO blames the company’s lowered fiscal outlook on people being too distracted by the TikTok ban and wildfires

OSTN Staff

Social conversions were down 20% in January, CEO Tarang Amin said. Read More

Scottish cat flap pits SNP against pet power

OSTN Staff

Strenuous denials of a clampdown on felines are only feeding suspicions in an animal-loving nation