Business

Sam Altman backs Donald Trump to help America defeat China in AI race

Sam Altman has been vocal about the need for the U.S. to stay ahead of Chinese rivals in key technologies. ...

Italy’s tax system is so out of whack that the wealthiest 7% benefit from lesser tax compared to its lowest earners

One way Italy’s wealthiest take advantage of the tax system is through generational wealth transfer as inheritance tax is staggeringly ...

Elon Musk is ratcheting up his attacks on his old partner Sam Altman, calling him ‘Swindly Sam’ and OpenAI a ‘market-paralyzing gorgon’

Altman’s tense relationship with Musk could complicate his and his company’s access to Trump’s administration. Read More

China bans exports to U.S. of key high-tech materials in response to expanded American chip sanctions

China announced it is banning exports to the United States of gallium, germanium, antimony and other key high-tech materials with ...

Pat Gelsinger abruptly exits Intel

The search is on for a permanent replacement…or maybe a buyer. Read More

Having a seat at the table changes everything at Best Workplaces for Parents

91% of parents at the Best Workplaces for Parents™ say the plan to stay at their companies long-term, compared to ...

Joe Biden’s selfish parting act

In pardoning his son, the president has ensured that the distance between himself and Trump is now shrouded in fog

Dutch chip giant ASML forecasts Trump tariffs won’t have a ‘material impact’ on business in 2025

ASML’s shares rallied by as much as 3.6% as it predicts demand for chip-making machines will remain robust in the ...

Trump trading Mar-a-Lago for Paris this weekend with a VIP pew at Notre Dame’s grand reopening

This marks President-elect Donald Trump’s first foreign trip since winning re-election in November. Read More

Prosecution’s closing argument in Cash App founder Bob Lee’s murder trial mocks defendant’s self-defense claims

San Francisco prosecutors say Nima Momeni stabbed Lee three times after hearing that Lee’s drug dealer friend plied Momeni’s younger sister with ...

Asia now exports culture, ideas, tech and leadership

In the 1990s, much of Asia’s growth was fueled by industrialization and leveraging low-cost labor. Now, Asia is increasingly exporting ...

Jaguar boss defends rebrand amid ‘Miami Pink’ EV launch: ‘More people have been talking about Jaguar for the last two weeks than for so much longer’

“We want to be bold and disruptive… We’re clearly in the conversation,” Jaguar’s managing director Rawdon Glover said. Read More

Moscow approves sale of Carlsberg’s Russian assets for €300mn

Danish brewer had previously accused Russian government of ‘stealing’ the business

Trump’s ultra-wealthy picks face a huge tax hit to join his Cabinet—but can avoid it thanks to this little known provision

Billionaire Howard Lutnick made $37 million in total compensation last year not including Cantor Fitzgerald Read More

Wisconsin unions score major win with court ruling that restores collective bargaining rights lost in 2011

A 2011 law, known as Act 10, effectively ended the ability of most public employees to bargain for wage increases ...

Trudeau told Trump that Americans would suffer if he imposed tariffs, says Canadian minister who attended their dinner

Trudeau requested the meeting in a bid to avoid the tariffs by convincing Trump that the northern border is nothing like the U.S. ...

U.S. adds 140 firms to list of Chinese technology companies under export controls

China’s Commerce Ministry protested and said it would act to protect its “rights and interests.” Read More

Italy and Romania up in arms as EU’s outdoor smoking and vaping ban labelled ‘a violation of individual freedom’

Critics say the proposal lacks a scientific basis and infringes on personal liberties ahead of key EU vote. Read More

Biden decision to break promise on pardoning his son Hunter raises questions about his legacy

“This is a bad precedent that could be abused by later Presidents and will sadly tarnish his reputation,” Colorado’s Democratic ...

Trump promises to block Nippon’s $14.9 billion bid for ‘the once great and powerful’ U.S. Steel

But Japan’s Nippon Steel expects the deal to close before the end of the year, before Trump takes office. Read ...

Gen X Ex-Google exec says he doesn’t record meetings: ‘If something is really important, I will remember’

The Italian-born chief exec of Crurated, Alfonso de Gaetano, spends 50% of his time traveling, works remotely and eats out ...

Hong Kong plans display of 2,500 giant panda sculptures to capitalize on local craze after birth of twin panda cubs

The cubs — whose birth in August made their mother Ying Ying the world’s oldest first-time panda mom — may ...

GM will sell its stake in Michigan EV battery factory it spent $1 billion on to South Korea’s LG Energy Solution

The company said it will rely on joint venture factories in Warren, Ohio, and Spring Hill, Tenn., to supply factories ...

Nomura chief apologises after ex-employee charged with clients’ attempted murder

Former wealth management staff arrested after allegedly setting customers’ house on fire

The chief people officer of Yahoo explains why they don’t do performance reviews: ‘At the end of the day, we’re grown ups’

“There’s this huge sense of anticipation that ends in deflation.” Read More

Nomura cuts CEO pay after ex-worker charged with robbery

CEO Kentaro Okuda, who is also president of Nomura’s domestic securities unit, will return 30% of his salary for three ...

ONS admits it may not be able to replace UK labour force survey until 2027

Policymakers facing further uncertainty over state of UK jobs market

EU births drop to new low as strains on younger generations mount

Dearth of children expected to heap pressure on state finances

German job cuts darken mood of election campaign

Snap February poll comes as Europe’s largest economy faces its toughest challenges for decades

We’re all suffering from qualitynesia now

Borne along on the tide of technology, it is far too easy to forget that some things really were better ...