Business
Trump’s oldest sons’ American Bitcoin stake worth US$1.5 billion in stock debut
A bitcoin company tied to President Donald Trump’s two oldest sons more than doubled in value in its stock market debut on Wednesday,…
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Business
Business
‘The Office’ Alums Reunite at ‘The Paper’ Premiere as Spinoff Cast Share How They Landed Their Roles: ‘It Was the Most Difficult Audition in My Entire Existence’
The Harmony Gold movie theater in Hollywood bore unusual signage last Wednesday evening. In the shadow of Sunset Boulevard’s billboards…
Business
Stocks to watch: Keppel, Keppel DC Reit, Oiltek, mm2 Asia
The following companies saw new developments that may affect trading of their securities on Thursday (Sep 4): Keppel, Keppel DC Reit: The…
Business
Singapore’s snowballing cash levels are boosting local bonds
The recent build-up of cash in Singapore’s money market is strengthening demand for the nation’s bonds, driving returns to near the…
Business
American Eagle's shares soar as Sydney Sweeney boosts sales
Shares of fashion retailer American Eagle Outfitter have jumped after the company said that its tie-ups with celebrities Sydney Sweeney…
Business
EXCLUSIVE: W Hotels Debuts $100 Million Union Square Flagship
Twenty-six years after W Hotels ignited the lifestyle hotel movement, the brand is undergoing its most significant evolution yet. The…
Business
Federal Reserve officials, worried about jobs, muse on rate-cut prospects
SEVERAL Federal Reserve officials who spoke on Wednesday said labour market worries continue to animate their belief that rate cuts still…
Business
McDonald’s exits restaurant group as wage rift divides industry
The National Restaurant Association has said that tipped workers often make much more than minimum wage McDonald’s pulled out of the trade…
Business
Federal Reserve report spotlights strains felt by US businesses, households
US ECONOMIC activity and employment were mostly little changed or unchanged in recent weeks while prices rose moderately or modestly, the…
Business
Apple plans AI-powered web search tool for Siri to rival OpenAI, Perplexity
Apple is planning to launch its own artificial intelligence (AI)-powered web search tool next year, stepping up competition with OpenAI…
Business
NTT Data hedges its AI bets
Global systems integrator NTT Data is navigating the rising tensions between artificial intelligence (AI) giants in the East and West by…
Business
Salesforce projects weak sales growth, fuelling AI anxiety
Salesforce projected lacklustre quarterly sales growth, suggesting its artificial intelligence (AI) product is not yet paying off as…
Business
Europe: Shares close higher as bond selloff cools
EUROPEAN shares ended higher on Wednesday, stabilising as investors assessed fiscal challenges after a selloff in longer-dated bonds had…
Business
Alphabet's stock climbs after judge rules Google won't be forced to sell Chrome
When a federal judge deemed Google a “monopolist” last year, questions lingered about how he would help restore competition in online…
Business
US: Tech shares lead stocks higher ahead of jobs data
Wall Street stocks finished mostly higher on Wednesday following gains by Google parent Alphabet and Apple as markets look ahead to key US…
Business
EBay Celebrates 30th Anniversary, Taps Sarah Michelle Gellar to Curate ’90s Pop-up
In celebration of eBay’s 30th anniversary, the e-commerce marketplace is opening a retail pop-up in New York’s SoHo and an online…
Business
US strike on 'Venezuela drug boat': What do we know, and was it legal?
Matt Murphy & Joshua CheethamBBC Verify A strike carried out by US forces on a boat in the Caribbean Sea - which the White House says…
Business
Texas banned cultivated meat. Now cultivated meat companies are suing
Cultivated meat—meat grown from cells, not from whole animals—isn’t yet a widespread option in grocery stores or restaurants. The…
Business
Variety’s Business Managers Elite 2025: Nominations Are Open
Being a business manager is a tough gig. It requires not just financial expertise, but also the insight and the patience of a therapist…
Business
Oracle lays off thousands—or more—globally amid rapid AI shifts
Employees at tech giant Oracle are facing down a fresh round of layoffs this month, the latest bad news out of an industry that’s either…
Business
Wall Street steadies with a boost from Alphabet
Wall Street is steadying on Wednesday as Alphabet and other technology stocks rise. The S&P 500 added 0.3% and was on track to break its…
Business
Macy’s sees first increase in same-store sales since 2022
Macy’s raised its expectations for the year and reported the first increase in same-store sales since 2022 after the department store…
Business
C-SPAN lands a streaming deal with YouTube TV and Hulu
C-SPAN said Wednesday that it had reached a deal to have its three channels air on YouTube TV and Hulu’s live television feed, ending a…
Business
Macy’s tops Wall Street expectations with strongest sales in 3 years
Macy’s is coming up for air, topping earnings estimates and delivering the best comparable sales jump in 12 consecutive quarters. With…