Business

Amid Gen Z’s love of cheaper, lab-grown diamonds, a natural diamond giant slashes prices 

After holding out, De Beers cut prices by more than 10%, according to Bloomberg. Read More

Medicare agents might not recommend the best plans this year as profits take priority

Curbing agents’ commissions may hurt beneficiaries. Read More

Bulgarian spy ring used video specs to monitor journalists, London court told

Old Bailey hears surveillance of targets included specially designed glasses on planes and online honey traps

Ripple’s XRP soars over 40% as regulatory headwinds let up 

The token has added over $120 billion to its market cap since the Nov. 5th election Read More

 LinkedIn cofounder and Democratic mega-donor Reid Hoffman might leave the U.S. after Trump win

After bankrolling private litigation against Trump, Hoffman fears retribution from the president-elect. Read More

Intel’s CEO had big plans for a turnaround. It failed and now he’s gone

The company has missed out on the AI boom, and shares plunged more than 60% during Gelsinger’s tenure. Read More

VW sees about 66,000 workers walk out in standoff over cost cuts

VW’s shares fell about 1.9% early Monday before paring losses. Read More

Nato chief warns Trump of ‘dire threat’ to US if Ukraine pushed into bad deal

Mark Rutte says risks to America will increase if China, Russia, Iran and North Korea are empowered

24-year-old Moana star Auliʻi Cravalho pays it forward to family: ‘I bought my mommy a house. She’s happily retired.’

Moana actress says her mom slept on the couch and made sacrifices for her growing up. She’s repaying her now. ...

US to announce a new $725 million arms package for Ukraine

The Biden administration is pressing ahead with arms for Ukraine amid uncertainty about how President-elect Donald Trump will handle US ...

Notorious Credit Suisse bonds sped up Ken Leech’s alleged fraud

Investors in a risky pool of Credit Suisse bonds got crushed when Switzerland’s financial regulator ruled the notes were worthless in the ...

How Rich Eisen went from chasing cop cars to building his own Emmy-nominated sports broadcasting empire

The former ESPN commentator reflects on his career in sports journalism. Read More

Romania’s vote recount confirms pro-Russian presidential bid

Constitutional Court certifies first-round results, run-off to go ahead as planned on December 8

Why Stellantis’s chief executive Carlos Tavares was axed

Portuguese boss refused to budge on pace of EV transition as cries from suppliers, workers and government grew louder

Bible sales soar as anxieties spike

Sales of the book are up 22%. Read More

A 17-year-old hockey player died during a charity game to honor another teenager who had died in a car crash

Connor Kasin lost consciousness during a game benefiting a foundation set up by the parents of 19-year-old Sabrina Navaretta. Read ...

EU digs in on student fees as UK youth mobility talks near

Brussels is willing to make small concessions over naming of scheme and length of stay

Super Micro finds no evidence of fraud; will replace CFO

The company is looking for a new chief financial officer, chief compliance officer, and general counsel, it said in a ...

Struggling budget vodka maker Stoli has filed for bankruptcy as Gen Z turns away from alcohol

Hackers, changing consumer tastes, and an old marketing campaign have hit finances hard. Read More

Getty Images CEO: Respecting fair use rules won’t prevent AI from curing cancer

The creative community has mobilized against the unauthorized use of their collective text, music, photography, and video by AI model ...

‘Elon Musk is right,’ Bernie Sanders admits, agreeing the defense budget needs to be cut because the Pentagon has ‘lost track of billions’

The unlikely duo have their eyes on the Department of Defense, which has repeatedly failed its audits. Read More

Rent the Runway CEO Jenn Hyman asks herself one question to determine whether she should stay in her job

The $320 million company whose stock has cratered more than 90% just hit 15 years old. Read More

Barnier moves to force contested budget measures through French parliament

French prime minister’s use of constitutional clause likely to trigger no-confidence vote

Meet the three Walmart Inc women who choose the $650 billion worth of goods it sells you every year

The chief merchants of Walmart and Sam’s Club are undergoing their biggest test of the year: the holidays. Read More

Intel CEO Gelsinger leaves as chipmaker’s turnaround flounders

CFO David Zinsner and Michelle Johnston Holthaus, who is taking on a new role as CEO of the company’s product ...

The tainted legacy of the Merkel-Obama years

A failure to respond to Russian, Chinese and Syrian aggression helped to create the unstable world of today

Working women are struggling with well-being and they’re scoring lower than men across every category

Female staffers feel like they experience more burnout and less control over their wellness. Read More

AI optimists are behaving like the investors who got burned in the Great Depression and dot-com bubble, Vanguard’s chief economist warns

AI-related shares combine with optimistic pricing in most other market segments to leave the stock market more overvalued than at ...

Billionaire Fiat heir assumes control of Jeep and Ram parent Stellantis after embattled CEO Carlos Tavares exits

John Elkann, 48, is heir to the illustrious Agnelli family that founded Fiat, the closest thing Italy has to royalty ...