Business
Reeves’ first Budget leaves key economic challenges unresolved
OBR says announcements amount to one of the biggest fiscal loosenings of recent decades
Microsoft’s revenue beats estimates on strong cloud demand from AI boom
Sales at division rose 22% to $38.9bn in the quarter
How to watch Game 5 of the 2024 World Series live online for free—without cable
The Yankees turned things around last night. Can they keep that going? Read More
Microsoft beats Wall Street expectations with a big help from its cloud business
CEO Satya Nadella attributed the faster-than-expected growth to artificial intelligence transforming the workplace. Read More
Airbus sticks to aircraft production target despite supply chain woes
Board plans to propose renewing Guillaume Faury’s mandate as chief executive next year
Meta tops revenue targets but warns of ‘significant’ cap ex spending next year
The owner of Facebook, Instagram and WhatsApp saw revenue and users grow, yet Wall Street was not excited. Read More
Jack Dorsey says layoffs coming to streaming music app Tidal — leaked email
The streaming music service, founded by Jay-Z, has been owned by Dorsey’s Block for several years. Read More
Arnold Schwarzenegger endorses Kamala Harris, says a second Trump term would ‘be four more years of bulls–t with no results that makes us angrier’
The “Terminator” star gave a scathing rebuke of Trump’s election denialism and said it was time to “put this junk ...
Martha Stewart hates the Netflix movie about her
The iconic TV personality criticizes the documentary “Martha” for spending too much time on her imprisonment Read More
You may not know it, but Kamala Harris is a champion for entrepreneurs
As Vice President, Harris has often been the point person for the Biden White House’s minority and women-owned business initiatives. ...
Trafigura warns of up to $1.1bn loss over Mongolian oil scandal
Commodity trader is taking action against a ‘small number’ of insiders involved in the alleged fraud
Reeves has made her choice — but success is not guaranteed
The British people will hope that higher spending delivers the better services they want
US cracks down on Russia’s facilitators worldwide
About 400 companies and individuals in China, India, Turkey and other countries are added to sanctions list
Chanel’s CEO went to Microsoft HQ and asked ChatGPT to show her a picture of her company’s leadership. They were all men in suits.
Leena Nair said over 75% of her company’s employees are female. Read More
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investors
Apple is challenging hackers to break into the company’s servers—if you’re successful, you could earn up to $1 million
Apple is taking its server safety seriously. Read More
Working people will pay the price of higher taxes for employers
Increasing the burden on companies may not affect workers’ payslips today, but it won’t be long
Gen Zers are most likely to lie about who they’re voting for
As voters get older they’re less to lie about who they’re backing in U.S. Presidential election Read More
Sam Altman’s decade-old investment in Reddit is now worth over a billion dollars
Altman has known the Reddit founders since they were in the first class at Y Combinator, the famed startup accelerator ...
UK Budget hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreigners
Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shift
U.K. joins Europe in targeting the super-rich with fresh crackdown on foreign wealth, capital gains, and private jets
Rachel Reeves plans to jack up taxes on capital gains and foreign wealth of affluent individuals—although there might be other ...
Sunak accuses Reeves of breaking election promises on tax
Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first Budget
Joe Rogan says a Kamala Harris interview isn’t off the table even though he rejected her conditions, including traveling to meet her
“I strongly feel the best way to do it is in the studio in Austin. My sincere wish is to ...
Elon Musk says there’s a 10% to 20% that AI ‘goes bad,’ even while he raises billions for his own startup xAI
The Tesla CEO said AI is a “significant existential threat.” Read More
UK rail operator admits it still uses fax machines to contact train crew
Northern under fire from regional mayors for poor performance
Reeves shatters manifesto ‘matrix’ with blockbuster Budget
Like Keanu, the chancellor uncovered a fake reality and valiantly resolved to defeat it
Capital gains tax calculator: how are you affected?
UK chancellor Rachel Reeves has announced an immediate increase in her first Budget
Bitcoin teases all-time high days from Presidential election
The currency last broke $73,000 in March following the arrival of spot Bitcoin ETFs. Read More
Harvey Schwartz and Peter Mandelson quit Bank of London board
Departures including that of former chief executive Anthony Watson are the latest setback for troubled fintech
