Business

Biden offered clemency to about 1,540 Americans. Here are the stories of some of the people on his list

But not everyone was pleased by Biden’s decisions. A Republican state senator said a commutation for a woman who stole ...

FTC sues largest US wine and spirits distributor, saying it discriminates against small stores

Southern Glazer’s Wine and Spirits doesn’t give smaller stores access to discounts and rebates that larger chains receive, the government ...

As Volkswagen workers strike in Germany over pay cuts, carmaker offers Tennesse workers 14% wage hike

Volkswagen is struggling to satisfy workers on both sides of the Atalntic Ocean amid need for aggressive cost cuts. Read ...

Toyota will invest $922 million to build a new paint facility at its Kentucky factory complex

The new paint facility, scheduled to open in 2027, will add 1 million square feet of capacity while decreasing carbon ...

The chain of contradictions in Trump’s economic policy

His team is promising high growth, low inflation and control of government spending — all at once

Senate begins final push to give Social Security benefits to 2.8 more million people in move that would further strain fund

The bill would add an estimated $195 billion to federal deficits over 10 years, according to the Congressional Budget Office. Read ...

François Bayrou appointed French prime minister

Emmanuel Macron chooses ally as he seeks to stabilise political turmoil

Millionaire boomers plan to spend their fortunes instead of passing it on—and they don’t want to witness anyone else enjoying it

The Charles Schwab survey found millionaire boomers will pass on in total $3.1m compared to the average pencilled on by ...

Exclusive: Zest AI snags $200 million growth investment from Insight Partners

Zest AI—a company providing AI-powered credit scoring and underwriting solutions for financial institutions—has received a $200 million growth investment from ...

China President Xi Jinping likely to decline Trump’s inauguration invitation, seeing it as too risky

The gesture from Trump may have little bearing on the increasingly competitive ties between the two nations as the White ...

Macron hopes for a centrist cure to France’s political maelstrom, naming Francois Bayrou as PM

After Barnier’s fall, Emmanuel Macron has picked a veteran centrist in Francois Bayrou who will try to unite a split ...

Elon Musk is trying to turn SpaceX’s Starbase launch site into an incorporated Texas city

The area is on the southern tip of Texas at Boca Chica Beach, near the Mexican border. Read More

Ontario plans to bar American-made alcohol and cut electricity exports to Michigan, New York and Minnesota if Trump tariffs are applied

Trump has threatened to impose a 25% tax on all products entering the United States from Canada and Mexico unless they stem the flow ...

Suspect in UnitedHealthcare CEO murder wasn’t a client of the insurer, police say

Luigi Mangione was not a client of the medical insurer and may have targeted it because of its size and ...

China signals growth concern with emphasis on consumption

Readout from key policy meeting indicates government’s realisation of economic challenge

Amazon will contribute $1 million to Trump’s inauguration—and stream it on Prime Video

The move comes as major tech companies seek to improve their relationship with the incoming president. Read More

China’s ‘lower for longer’ pledge has sent bonds into unknown

Investors are now confronting the risk of what once seemed unthinkable: China’s 10-year bond yields sinking below those of Japan. ...

Accused UnitedHealthcare CEO killer Luigi Mangione advocated for others to get back surgery he had, social media posts show

He repeatedly posted on Reddit about his recovery and offered words of encouragement for people with similar back conditions. Read ...

Former Aetna CEO says he’d eliminate employer-sponsored insurance to fix the U.S. healthcare industry in wake of UnitedHealthcare shooting

Employees should be free to choose their own health care plans, but be given the same contributions from their workplaces, ...

If Xi Jinping or other world leaders accept Trump’s inauguration invites, it would be a U.S. first

No head of state has previously made an official visit to the U.S. for the inauguration, according to State Department historical ...

‘Identic AI’: Who owns your digital self?

Typically, companies own what you produce during your employment. But what if “digital you” continues to generate ideas after you’re ...

Mysterious drones spotted over New Jersey should be ‘shot down, if necessary’, Senator says

The drones appear to avoid detection by traditional methods such as helicopter and radio, according to a state lawmaker briefed by ...

Bundesbank slashes growth forecast and sounds alarm over trade war

Europe’s largest economy to be stuck in stagnation in 2025 even in a best-case scenario, central bank warns

Doomscrolling has reportedly made TikTok’s annual carbon footprint almost the same as the entire country of Greece

TikTok emits the second-highest amount of carbon dioxide equivalent, following only YouTube, according to a recent study. Read More

Syria’s Kurds fear US betrayal under Trump

President-elect has criticised Washington’s support for the Kurdish groups now fighting Turkish-backed rebels

The crypto crown princes who could ‘win, win, win’ under Trump

Executives have already profited from bitcoin’s rally, and see golden era for industry under incoming US president

UK economy unexpectedly contracts 0.1% in October

Monthly figure marks blow to Labour government’s economic agenda

London’s love-to-hate business district Canary Wharf shows the future of work is about more than just the office

Londoners might have divided opinions on Canary Wharf, but it’s evolved through the ages—and will likely continue to. Read More

Paris 2024 helped invigorate the Olympic image. Here’s how design won gold at the Games

The Paris 2024 brand has been a huge success, setting a bar that future hosts—like Los Angeles in 2028—will have ...

The French aren’t spending. Inflation is down, but people aren’t opening their wallets. Here’s why

With consumer prices still inflated the French are becoming far more picky about how they spend their spare time and ...