Business

Trump eyes privatizing US Postal Service, Washington Post says

USPS lost $9.5 billion in the financial year ended Sept. 30, amid a decline in mail volume and slower-than-anticipated parcel ...

CEO murder suspect said to hire former top NY prosecutor

Luigi Mangione, the suspect in the killing of UnitedHealthcare’s CEO, hired former veteran Manhattan prosecutor Karen Friedman Agnifilo to defend ...

Trump hosts Apple CEO Tim Cook at Mar-a-Lago as Big Tech leaders seek to improve standing with president-elect

The meeting comes less than two months after Trump said he spoke to Cook by phone, and soon after Apple ...

Concern grows over mysterious drone sightings along US east coast

New Jersey officials say they are frustrated that the federal government has offered no explanation for the phenomena

How UnitedHealthcare and mega-insurers came to dominate the $4.5 trillion health care industry that Americans both hate and rely upon

The vitriol following the killing of UHC CEO Brian Thompson exposed Americans’ rage about their health care system. How justified ...

Germany’s CDU to offer voters tax cuts and immigration controls

Party’s manifesto for the forthcoming election, seen by the Financial Times, promises tougher stance

Base AI policy on evidence, not existential angst

With concerns over AI divorced from reality, policy toward it must be evidence-based, says a16z partner Martin Casado. Read More

Jaguar’s rebrand has divided opinion. Is ‘Project Roar’ the road to success?

Kana Inagaki and Henry Mance tell the inside story of an extraordinary corporate decision

Elon Musk’s lawyer said the SEC demanded the Tesla CEO pay a fine or face charges to resolve an investigation into his purchase of Twitter

The attorney also claimed the SEC reopened an investigation into Neuralink this week. Read More

CEOs struggle to process their new reality after the public glee at Brian Thompson’s killing

“You’re never stopping anyone who wants to get to you.” Read More

4 possible modern-day factors behind infertility 

Obesity is one of the main drivers, say experts. Still, it’s not clear that infertility is on the rise. Read ...

South Korea’s president impeached following failed martial law gambit

Prime minister takes over on interim basis after National Assembly passes motion against Yoon Suk Yeol

Skechers draw backlash for full-page ad in Vogue that reeks of AI. ‘You actually didn’t save any money because now I hate you’

The footwear retail company recently came under fire for allegations of using AI. Other corporations are also getting in trouble ...

Reeves puts pensions review on hold to avoid extra burden on UK business

Some experts argue current savings rates will leave people without adequate retirement pots

How to get from the me to the we society 

Social capital can become a golden thread woven throughout public policy, from health to housing to education

David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar

Silicon Valley investor and podcast host has joined Elon Musk in securing a key role in incoming US administration

Are ‘blue zones’ a myth? Extreme aging is built on pension fraud and century-old lies, researcher claims

New research suggests the world’s oldest humans, living in so-called “blue zones”, often only exist on paper. Read More

Oregon city asks people to please stop putting googly eyes on public art as prank becomes tourist attraction

The city has so far spent $1,500 on removing googly eyes from seven of the eight sculptures impacted. Read More

Inside the secret history of Design for Good, an alliance between companies with $4 trillion in market cap to devise solutions to the world’s biggest problems

Design for Good co-founder Ben Sheppard explains why big names like Microsoft, Nestle and DBS got involved. Read More

Porsche holding company warns of writedown in Volkswagen stake of up to €20bn

Management and unions at carmaker will hold a fifth round of talks on Monday over planned factory closures and job ...

Polio is a deadly disease with a vaccine that RFK Jr.’s adviser wants to ban. Here’s how the immunization works

The polio vaccine has all but obliterated the illness that once killed thousands and paralyzed 15,000 people nationwide every year. ...

AI leaders provide a reality check about a technology they say is both ‘exciting’ and still a very ‘manual exercise’

Executives from AARP, Zillow, Glean, and swsh spoke during Fortune’s Brainstorm AI conference in San Francisco. Read More

‘The original centrist’: France’s new prime minister seizes his moment

An early Macron ally and admirer of Henri IV, François Bayrou will have to navigate parliamentary turmoil

Ukraine sacks commander as Russia advances on key logistics hub

Dismissal comes as Moscow pushes deeper into Donetsk region, forcing closure of a crucial coal mine

Sam Altman says Trump will ‘lead our country into the age of AI’ as OpenAI gives $1 million to inaugural fund

The announcement comes one day after Meta, the parent company of Facebook and Instagram, said it donated $1 million to the same ...

Florida woman tells police ‘evil’ insurance companies ‘deserve karma’ after threatening Blue Cross invoking Luigi Mangione

The charge is a second-degree felony, which could be punished by up to 15 years in prison if she is ...

Gen Z is so pessimistic about the future they’ve resorted to ‘doom spending’ through the holiday season

Doom spending is the new way Gen Z copes with doomscrolling and bad news. Read More

Mark Zuckerberg just cashed in another $153 million worth of Meta stock, adding to whopping $2 billion in sales this year 

The Meta co-founder and CEO is cashing in on the company’s stock hitting an all-time high this year. Read More

Fed officials advocate for ‘caution’ and slower rate cuts next year as Trump prepares to take office

Experts say Trump’s potential policies, including his tariff proposals, could do much to impact the economy and the Fed’s trajectory. ...

Costco CFO warns Trump’s tariffs could mean widespread price hikes: ‘When it rains, it rains on everybody’

Gary Millerchip became the latest retail executive to admit costs will rise across retail should Trump carry out heavy taxes ...