Business
Coinbase slumps 10% after missing key Q3 earnings targets
Transaction revenue, a main source of profit for the platform, fell 27% from last quarter. Read More
Estée Lauder shares plunge as China sales slump prompts dividend cut
Beauty group’s stock drops 25% after guidance withdrawn for rest of year
Two years ago, world leaders established a global Pandemic Fund. Now its co-chairs are warning it needs at least $2 billion by June
Due to the high demand in many countries, the Pandemic Fund will exhaust most of its funds by next June. ...
COVID-19 is no longer the world’s leading infectious disease killer
A longtime leading killer retakes the lead. Read More
Google Maps just got a fresh injection of AI features—here’s what you can do now
“We are entering a new era of maps,” Google Maps general manager Miriam Daniel said. Read More
Trump won’t vote early even though he said twice last week ‘I’ll be voting early’
“I’ll be voting early. I’ll be voting early,” Trump told Fox News host Brian Kilmeade. Read More
Chinese EVs leave other carmakers with only bad options
If you believe the auto transition must happen at some point, delaying simply puts you further behind
Hong Kong cracks down on how banks and hedge funds discuss block trades
Regulator brings in new measures after launching criminal insider dealing case against Segantii Capital Management
Ikea pledges €6 million to former prisoners of communist East Germany who were forced to build flat-pack furniture during the Cold War
“We deeply regret that this happened,” said Walter Kadnar, CEO of Ikea Germany. Read More
Election alert: Zelle CEO warns of political donation scams targeting elderly users
With reports of elderly victims of political scammers on the rise, the payment giant that transacted $481 million in he ...
Donald Trump’s net worth plunges by more than $1 billion in one day as his meme stock tanks
The drop comes after a scorching hot October rally and concerns that the Trump campaign may have committed an unforced ...
Democrats face jobs report blow ahead of election
Lacklustre data could obscure an ‘incredibly healthy’ employment market and weigh on Kamala Harris’s prospects
It’s only been 50 years since women had the right to their own credit
A 50-year anniversary of women’s right to credit reminds us how far we’ve come ahead of a historic election. Read ...
EU fines world’s largest generic drugmaker Teva for hindering competition
European Commission says company abused ‘dominant position’ to ‘artificially’ extend patent protection of MS medicine Copaxone
EXCLUSIVE: OpenOrigins, a blockchain software to combat deep fakes, expands globally with $4.5 million from Galaxy
The company is also launching a marketplace to help newsrooms license their data for AI training. Read More
Women are breaking enrollment records at top MBA programs—but more progress is needed, report says
Women make up 42% of MBA students, and top schools like Northwestern, Duke, and WashU reached gender parity this year. ...
Ping! Americans are getting showered ‘all day, every day’ with Harris and Trump texts in campaign’s last days
The very future of the republic is at stake, some of the texts say and many others imply. But you ...
Brewers hit by flagging sales in China
Carlsberg and AB InBev report declining volumes in important market
23andMe appoints three former CFOs as new directors—after the previous board all resigned
The genetic testing company, once worth $6 billion, has lost most of its value. Read More
Uber issues muted holiday forecast as it hits record profit
Uber reported weaker-than-expected ride bookings and issued a middling forecast for the holiday quarter, even as it delivered record operating ...
GB News fined £100,000 in first financial sanction by Ofcom
Media watchdog found show featuring Rishi Sunak breached impartiality rules
Peloton taps Ford executive as new CEO to lead turnaround effort
Peloton, which thrived during pandemic lockdowns, has been mired in a deep slump over the past three years. Read More
EXCLUSIVE: Glow, a blockchain solar company, raises $30 million from Framework and Union Square Ventures
The company seeks to incentivize clean energy production with crypto rewards. Read More
HR frightfest: Leaders from Salesforce to Indeed share their biggest fears about the workplace this spooky season
People leaders say advanced technology is keeping them up at night. Read More
Dropbox lays off 20% of workforce
“Softening demand and macro headwinds,” per CEO Drew Houston. Read More
In its tenth year, Female Founders Fund has returned its first fund
Female Founders Fund has returned its first fund after doing a partial secondary sale in women’s health-focused Maven. Read More
Oman urges more western pressure on Israel to end Middle East wars
Foreign minister Badr Albusaidi represents Gulf state that has facilitated talks between Iran and US
New York semiconductor research site picked for $825 million in CHIPS act funding
The contract for it stems from the 2022 CHIPS and Science Act, which was designed to create more high-tech jobs and ...
Russia fines Google 2.5 decillion dollars for YouTube bans—eclipsing global GDP
It would take more than 33 quintillion years for Google to pay Russia based on its annual profits last year. ...
