Business

TSMC’s Arizona chip production yields surpass Taiwan’s in win for U.S. push

The accomplishment is a sign of progress for Washington’s efforts to revitalize American semiconductor manufacturing. Read More

Trump Media stock soars nearly 200% as momentum traders ride its coattails to chase major returns

Trump Media stock had its two biggest trading weeks ever, as the stock soared from an all-time low in September. ...

Billionaire Marc Lasry denies accusations alleging he forcibly kissed and rubbed himself against an ex-employee

A rep for Lasry said the claims in the lawsuit are “categorically false and vindictive.” Read More

Gen Z and millennials proudly wear ‘lab-grown’ diamonds, oblivious to the fact they’re made from burning coal in China and India

“Most of my friends all have lab-grown. And I think it just fits our lifestyle and, you know, the economy ...

A much bigger McDonald’s lawsuit is about to ‘erupt’ in the aftermath of its E. coli outbreak, food safety lawyer says

The E. coli outbreak linked with McDonald’s Quarter Pounders has sickened at least 50 customers and hospitalized at least 10, ...

Wall Street has already priced in a Trump victory—just look at European stocks and the inflation market

Across Wall Street, investors see a Trump win as increasingly likely. They’re governing their portfolios accordingly. Read More

How actress Eva Longoria saved ‘John Wick’ with a last minute $6 million investment

As the first installment of the popular franchise was wrapping, it ran into financial problems. Read More

Elon Musk adds $30 billion to his net worth in a single day: ‘Tesla will become the most powerful company in the world’

“My prediction is Tesla will become the most valuable company in the world, and probably by a long shot,” Musk ...

8 out of 10 women change their name after marriage—they might not realize the impact it has on their careers, work relationships, and job prospects

“I have many respected mentors who would not say a peep about their personal lives, ever, because it was always ...

Microsoft CEO Nadella asked for pay reduction after security slip, but total comp still rose 63%

Following cyberattacks from China and Russia, Microsoft CEO Satya Nadella asked for his pay to be reduced.

Capital One soars on positive earnings while CPRI plummets in after-hours trading and IBM sees worst day in 6 months

Capital One soared after closing, gaining 3.99% after the bank reported a third-quarter net income of $1.8 billion, or $4.41 ...

Singaporean firms whose ship ignited the Baltimore Bridge catastrophe fined $100 million 

The nightmare shipwreck resulted in the deaths of six people, and brought shipping to a complete halt. Read More

UK chancellor to unlock financing for critical minerals supply

Measures will benefit manufacturers, particularly in defence, aerospace and EV battery makers, says Treasury

Aware Super and Delancey to invest up to £1bn in London’s office sector

Australian pension fund partners with UK property group in bet on asset class hit by higher rates and remote working

UK consumer and business confidence weaken ahead of Budget

Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30

Bullying and harassment claims rise across City, regulator finds

Increase in reports of incidents could point to better culture rather than worse conditions, FCA says

Morgan Stanley grants post-employment perks to former CEO James Gorman

Longtime executive will receive $400,000 a year and access to a car and driver as he transitions out of top ...

Michael Kors and Kate Spade owners’ $8.5bn merger blocked by US judge

Decision is a win for antitrust regulators who had argued a deal would strangle competition in ‘accessible luxury’ market

Judge blocks Coach owner Tapestry’s proposed acquisition of Michael Kors parent Capri

The FTC sued to block the merger between Tapestry and Capri, arguing it would harm consumers and employees.

Putin signals North Korean troops are in Russia

Russian president cites partnership agreement between Moscow and Pyongyang

How brands can solve the personalization and privacy paradox

Customers want customized recommendations without sacrificing privacy. Smart companies can help them get both. Read More

Starmer claims people with shares do not count as ‘working people’

Labour’s manifesto pledges on tax are coming under increasing scrutiny ahead of the Budget

Stocks making the biggest moves after hours: Dexcom, Capri, Skechers, Capital One and more

These are the stocks posting the largest moves in extended trading.

Where Vanguard sees opportunity to earn income right now

With the Federal Reserve rate-cutting cycle underway, income investors may want to take a closer look at their portfolios.

US and Israel to hold Gaza peace talks in Doha

Washington in push for a ceasefire ahead of presidential election next month

BlackRock leads opposition to new US limits on bank ownership

A proposal by regulators requires passive investment funds to seek approval when holdings hit 10%

Europe’s economy poised to fall further behind US, IMF warns

Fund pins blame on weak productivity and ageing workforce as it highlights continent’s weak post-pandemic performance

Conflicting economic signals are causing confusion in the bond market

Bond market investors are having trouble figuring out an economy that looks good from 30,000 feet, but less so closer ...