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business
Key Takeaways from China’s Housing Ministry Briefing
Here are the key takeaways from a briefing in China on Thursday on the property market, by speakers including Housing Minister Ni Hong: For more on...
bloomberg.com - 30+ days ago
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iPhone maker interested in Nissan stake as Honda-Nissan talks collapse
The collapse of merger talks between Honda and Nissan could open the door for iPhone manufacturer Foxconn to make a big play in automotive production....
axios.com - 30+ days ago
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business
Bloom Nutrition Expands Its Retail Presence
Bloom Nutrition CEO and Co-Founder Greg LaVecchia discusses the brand's expansion to Walmart, GNC, Target, Wegmans, and how influencers grew...
bloomberg.com - 30+ days ago
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Delta links its loyalty program to Uber, ending partnership with Lyft
Delta Air Lines will link its lucrative SkyMiles loyalty program to Uber this spring, the companies announced Tuesday, as the airline ends its...
cnbc.com - 30+ days ago
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Honda recalls nearly 206K vehicles for possible fuel leaks
Honda is recalling nearly 206,000 Passport and Pilot vehicles that could potentially experience a fuel leak. The automaker announced the move on Thursday, saying the affected 2023-2024 Passport and 2023-2025 Pilot sport utility vehicles "may have an incomplete connection between the fuel filler neck...
foxbusiness.com - 30+ days ago
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China Resumes Buying Gold Reserves in Nov. After 6-Month Halt
China’s central bank expanded its gold reserves in November, ending a six-month pause in purchases after prices for the precious metal rose to a...
bloomberg.com - 30+ days ago
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A Nudge From JPMorgan Spurred UK to Probe Staley’s Epstein Links
JPMorgan Chase & Co. provided the cache of documents that led British regulators to begin investigating the links between Jeffrey Epstein and former...
bloomberg.com - 30+ days ago
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‘I Apologised to LPs for the First time in 40 Years,’ says Vinod Khosla
Vinod Khosla, co-founder of Sun Microsystems and renowned venture capitalist, revealed that he sent his first-ever apology letter to limited partners...
analyticsindiamag.com - 30+ days ago
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Salesforce Stokes Fight With Veeva by Snagging Drug Customers
Salesforce Inc. says it’s taking multiple large customers from former partner Veeva Systems Inc. in a mounting rivalry to sell software to the...
bloomberg.com - 30+ days ago
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business / learning / technology
Rerun’s open source AI platform for robots, drones, and cars revs up with $ 17M seed
As generative AI moves increasingly into the physical world through robotics, vehicles, and drones, the need to map cloud-based AIs to real-world environments can lead to a huge mismatch. Rerun, a Stockholm-based dev tools startup, which builds a data stack for this emergent kind of “physical AI,”...
techcrunch.com - 30+ days ago
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L'Oreal looks to U.S. 'land of opportunity' as China disappoints
The world's largest beauty group L'Oreal said Friday that it plans to become less dependent on the Chinese consumer for growth, instead targeting...
cnbc.com - 30+ days ago
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College Student-Turned-CEO Turns Down $ 300K On ‘Shark Tank,’ Standing Firm On Equity Split
A college student turned entrepreneur recently turned down a $ 300,000 offer on “Shark Tank,” a decision he credits to trusting his gut.Kobe Harris,...
afrotech.com - 30+ days ago
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Meta and Amazon scale back diversity initiatives
Meta and Amazon are scaling back their diversity programmes, joining firms across corporate America that are retreating from hiring and training initiatives criticised by conservatives, citing legal and political risks. The moves come shortly after Meta Platforms, the owner of Facebook, Instagram...
bbc.com - 30+ days ago
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November 2024 Horoscope: The 8 Signs Manifesting Change
The New Moon in Scorpio presents the perfect opportunity to set new intentions. Scorpio season and spooky season are the same thing at this point. As...
wmagazine.com - 30+ days ago
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PayPal trades higher on 2027 growth outlook (PYPL:NASDAQ)
PayPal Holdings (NASDAQ:PYPL) (PYPL:CA) was trading higher after the payments giant introduced its 2027 growth outlook and longer-term ambition ahead...
seekingalpha.com - 30+ days ago
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Honda is reviving its iconic Prelude as a hybrid coupe for 2025
After revealing a show-stopping concept version last year, Honda has announced it'll launch the 6th generation of its legendary Prelude sports coupe...
newatlas.com - 30+ days ago
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Boeing strikers to vote on 35% pay rise offer
Boeing has offered striking machinists a 35% pay rise over four years in a new contract proposal they hope will end a month-long strike. About 33,000 unionised workers, mostly in Seattle, will vote on Wednesday whether to accept the offer from the aviation giant. They have been on strike since 14...
bbc.com - 30+ days ago
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Grant Thornton Lays Off About 150 Workers in the US, WSJ Says
Grant Thornton laid off around 150 staff in the US, or about 1.5% of its roughly 9,700 employees there, the Wall Street Journal reported, citing...
bloomberg.com - 30+ days ago
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Samsung Elevates Chip Division Chief While It Preps a Comeback
Samsung Electronics Co. granted more responsibility to its chip business head just six months after the executive took the helm, a signal of the...
bloomberg.com - 30+ days ago
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entrepreneurship / business
15 Random Businesses That Make Serious Cash
When I first heard someone say, “You don’t have to be flashy to make serious money,” I didn’t think much of it. Then I started hearing stories, a guy...
newinterestingfacts.com - 30+ days ago
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New Zealand Banking Reforms Must Protect Stability, IMF Says
New Zealand’s ambitions to increase banking competition should be carefully designed so as not to undermine financial stability, the International...
bloomberg.com - 30+ days ago
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Exclusive | Trendy West Village eatery blames congestion pricing for impending closure: ‘We’re just open to pay bills’
nypost.com - 30+ days ago
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Fed rate cuts aren't stopping high-yield checking account from offering rates as high as 8% APY — for now
The Federal Reserve made another interest rate cut in its November meeting, following an even larger rate cut in September. Its September meeting marked the first time the Fed had cut its rates in several years. As a result, high-yield savings accounts and CDs have both seen their rates drop from...
businessinsider.com - 30+ days ago
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Despite Rampant Layoffs, Microsoft's CEO Gets Over $ 70 Million
So, let’s take a quick 2024 Microsoft/Xbox layoffs count. To bring in the crisp, new 2024 year, Microsoft laid off almost 2,000 employees. Between Activision Blizzard, Zenimax, and Xbox itself, many passionate (now former) employees’ dream jobs were abruptly snuffed out. Meanwhile, Microsoft...
vice.com - 30+ days ago
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McDonald's to reintroduce beloved Snack Wrap next year
McDonald’s will add a fan-favorite item – the Snack Wrap – back to its menus. "The Snack Wrap will be back in 2025. This has a cult following. I get so many emails into my inbox about this product. It will be back in 2025," McDonald’s U.S. President Joe Erlinger told "Good Morning America" on...
foxbusiness.com - 30+ days ago
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Jeff Bezos says he prefers messy meetings that ‘wander’ and run over time : ‘Show me the ugly bits’
He wants to see “the ugly bits” in meetings and hates when employees sound rehearsed....
fortune.com - 30+ days ago
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Goldman Switches Sides on Aviva’s £3.3 Billion Direct Line Bid
Goldman Sachs Group Inc. has switched sides to advise Aviva Plc on its £3.3 billion ( $ 4.2 billion) takeover bid for Direct Line Insurance Group Plc,...
bloomberg.com - 30+ days ago
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Investing legend Rob Arnott's $ 147 billion firm says stocks kicked out of the S&P 500 have huge upside — and is betting on these 7 recent dropouts trading at bargain prices
When a stock gets dropped from a major index like the S&P 500, index fund managers scramble to exit their holdings. But legendary investor and Research Affiliates founder and chairman Rob Arnott does the opposite — instead, he buys up index rejects at a deep discount. It seems counterintuitive to bet...
businessinsider.com - 30+ days ago
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business
5 Business Tasks You Should Never Outsource To AI Agents
Outsourcing everything to technology creates businesses that feel empty and forgettable. Letting AI handle your content creation, communications, and strategic planning removes the human touch from the very things that make your business special. But entrepreneurs are scrambling to get on board...
forbes.com - 30+ days ago
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Biden ratchets up AI chip war with China
The Biden administration is readying dramatic last-minute steps to preserve a crucial advantage in its AI arms race with China: supply of the world's...
axios.com - 30+ days ago
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Prosus buys Despegar for $ 1.7B, taking a bite out of Latin America’s travel sector
Yet another major investment is going down in the travel sector, underscoring its ongoing rebound after the Covid-19 pandemic. Prosus, the tech conglomerate controlled by Naspers, is paying $ 1.7 billion to acquire Despegar, one of the biggest online travel agencies in Latin America, to scale up its...
techcrunch.com - 30+ days ago
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business
Honda Still Optimistic on Sales Despite Weak Second Quarter
Honda Motor Co. raised its full-year guidance despite turning in second-quarter results that fell short of analyst estimates. Its shares slumped as...
bloomberg.com - 30+ days ago
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The art market is in a correction as big spenders fade
The median spending on art by wealthy collectors remains stable at around $ 50,000 a year, according to a recent survey. The global art market is poised for its second straight year of declines, as demand for the top trophy works wanes and a new generation of buyers favors lower-priced pieces,...
nbcnews.com - 30+ days ago
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After the raids: The uneasy truths behind Indian advertising’s perfect façade
livemint.com - 30+ days ago
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Your Tarot Reading For Thursday, December 12
You've got it under control. Today’s tarot card is the King of Wands. It represents visionary leadership, boldness, and the ability to take calm...
bustle.com - 30+ days ago
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Cathie Wood unloads $ 11.8 million in two high-flying defense stocks
The Nasdaq Composite gained 30% in 2024, while Ark Innovation ETF returned just 8.4%. Cathie Wood, chief of Ark Investment Management, frequently...
thestreet.com - 30+ days ago
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Sandeel: Brexit fishing row heads for trade court showdown
The humble sandeel is set to take centre stage in the first courtroom trade battle between the UK and EU since Brexit. The UK has banned European vessels from catching the silvery fish species in its North Sea waters to protect marine wildlife that depend on it for food. But the EU is challenging the...
bbc.co.uk - 30+ days ago
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business
Nearly a third of Washington Post editorial board stepping down after Bezos decision
Three of the Washington Post's 10-person editorial board have announced they're stepping down after owner Jeff Bezos blocked the endorsement of Vice...
axios.com - 30+ days ago
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South Korea asks the U.S. for tariff exemption, trade ministry says
South Korea's trade minister has asked his U.S. counterpart to exempt the country from reciprocal tariffs if they go into effect in April, the trade...
cnbc.com - 30+ days ago
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15.7k
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entrepreneurship / business
CES 2025: Self-driving cars were everywhere, plus other transportation tech trends
Even before CES 2025 kicked off a few trends began to emerge — or more accurately, some gaps appeared. All U.S. and some European automakers that have helped turn CES into an auto show were absent. Several Chinese automakers filled that void, notably Zeekr, the EV brand owned by China’s Geely...
techcrunch.com - 30+ days ago
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Joann customers upset by retailer's move to stop taking gift cards ahead of store closures
Joann Inc.’s move to stop taking gift cards after Feb. 28 has angered some of the crafts retailer’s customers as the company winds down its operations. The company announced earlier this year that it had entered Chapter 11 bankruptcy protection for a second time to "facilitate a sale process to...
foxbusiness.com - 30+ days ago
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9.77k
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business / technology
Samsung SDI to Sell $ 1.4 Billion New Shares for Battery Plants
Samsung SDI Co. shares plummeted after the South Korean battery maker offered new shares at a steep discount to fund manufacturing plants in the US...
bloomberg.com - 30+ days ago
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business
Crypto Policy Didn't Occupy the Spotlight in Elections in Austria, Georgia
Political leaders in Austria, like other European Union nations, did not tap into the global crypto policy debate to sway voters during its recent...
coindesk.com - 30+ days ago
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SK Hynix profit soars to a record high on AI boom, but shares drop on demand uncertainty
South Korea's SK Hynix, one of the largest memory chipmakers in the world, posted record quarterly earnings Thursday on the back of strong sales of...
cnbc.com - 30+ days ago
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Dutch Bros CEO lays out the coffee chain's cross-country expansion plans
Dutch Bros. CEO Christine Barone described the coffee chain's cross-country expansion plans in a Friday interview with CNBC's Jim Cramer, saying it...
cnbc.com - 30+ days ago
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New stove that plugs into a normal wall outlet could be major gain for health and the climate
NEW YORK (AP) — For years, Ed Yaker, treasurer of a New York City co-op with nearly 1,500 units, and fellow board members have dealt with gas leaks. It can mean the gas at an entire building is shut off, leaving residents unable to use a stove for months until expensive repairs are made to gas...
apnews.com - 30+ days ago
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German upper house of parliament OKs debt reform, half-trillion fund
Germany's upper house of parliament on Friday passed a reform of the country's borrowing rules and a 500-billion-euro ( $ 542 billion) fund to revamp...
cnbc.com - 30+ days ago
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8.79k
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China's largest bubble tea chain Mixue soars 43% on Hong Kong trading debut
Shares of China's largest bubble tea chain Mixue jumped more than 40% on its market debut on Monday after a heavily oversubscribed initial public...
cnbc.com - 30+ days ago
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15.27k
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Starbucks baristas' 'strike before Christmas' has reached hundreds of U.S. stores
Starbucks' union says workers are walking off the job at hundreds of stores across dozens of cities on Tuesday, the last planned day of what it is calling "the strike before Christmas." "Starbucks Baristas at over THREE HUNDRED stores have walked off the job to demand Starbucks bargain a fair...
npr.org - 30+ days ago
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business / technology
Apple Prioritized Revenue for App Fee Change Despite Legal Risk
The impact on Apple Inc.’s bottom line was a key part of its decision to charge developers a 27% fee to steer customers outside the App Store, even...
bloomberg.com - 30+ days ago
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