Business
The first chapter of AI-driven bankruptcy
The Fast Company Impact Council is an invitation-only membership community of leaders, experts, executives, and entrepreneurs who share…
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Business
Europe: Stoxx 600 posts longest winning streak in nearly four years; focus on Fed, tariff updates
EUROPEAN shares extended their winning streak on Monday, with investors focusing on developments from the trade war alongside the US…
Business
OpenAI says its nonprofit will remain in control of its for-profit business
ChatGPT maker OpenAI said Monday that its nonprofit will remain in control over its for-profit business, as the startup moves forward with…
Business
This old mine in rural Pennsylvania was used to power crypto—and then it shut down without a word
Just beyond a fenced-off access road in fields of tall grass on public land in Pennsylvania’s northwest sits a natural gas well pad that…
Business
World Snooker Championship 2025: Zhao Xintong claims historic victory over Mark Williams in Crucible final
Zhao Xintong made history as he became the first player from China to win the World Championship with an 18-12 victory over Mark Williams…
Business
Who is Greg Abel, Berkshire Hathaway’s new CEO who will succeed Warren Buffett?
Warren Buffett’s announcement Saturday that he would be retiring as CEO of Berkshire Hathaway came as a surprise to lots of people,…
Business
UnitedHealth’s Move to End Cyberattack Loan Lifeline Upsets Medical Providers
Two independent medical practices in Minnesota once hoped to expand operations but have spent the past year struggling to recover from the…
Business
You need to be financially secure already to even contemplate a side hustle, research shows
Is a side hustle really the only thing separating you from the life you desire? Listening to some influencers on social media could…
Business
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp…
Business
Why Warren Buffett’s Departure from Berkshire Hathaway Matters
It was closing in on 1 p.m. here when Warren Buffett, seated onstage before a rapt audience of about 40,000 at the CHI Health Center, said…
Business
Saudi Arabia reports first-quarter deficit of US$15.65 billion
Declining oil prices and voluntary production cuts have weighed on Saudi revenue in recent years Saudi Arabia’s deficit widened…
Business
Gen Z and Millennials Are Redefining What Items Are ‘Necessities’ Amidst Economic Uncertainty
A cost-of-living crisis is hardly new territory for Millennial and Gen Z Americans as a new cloud of uncertainty hangs over the state of…
Business
Tyson Foods beats quarterly profit estimates on strong chicken demand
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at home Tyson…
Business
What the ‘2% of VC funding’ stat gets wrong about women entrepreneurs
The narrative that women entrepreneurs receive less than 2% of venture capital (VC) funding has been widely circulated. It stems from data…
Business
Procurri Corp moves towards delisting by appointing IFA for privatisation offer
Procurri Corp has appointed Evolve Capital Advisory as the independent financial adviser (IFA) for the acquisition offer from parent…
Business
Investors still harbour hope of Fed’s Powell giving a rate-cut the thumbs up
THE S&P 500 plunged into a bear market in April, then staged an epic recovery, and now the US Federal Reserve will reveal which was the…
Business
Meta’s AI social feed is a privacy disaster waiting to happen
Since ChatGPT sparked the generative AI revolution in November 2022, interacting with AI has felt like using a digital confession…
Business
What to look out for on VE Day at 80: Red Arrows, royals and street parties
Rosemary McCabe BBC Journalist VE Day marked the end of World War Two in Europe. Huge crowds took to the streets on 8 May 1945 to sing,…
Business
SIC proposes changes to takeovers and mergers code to protect competitive process, improve disclosures
The Securities Industry Council (SIC) on Monday (May 5) issued a consultation paper on amendments to Singapore’s Code on Take-overs and…
Business
Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid
David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the…
Business
Singapore stocks end higher on Monday; STI up 0.2%
Top gainer is DFI Retail Group at US$2.71, while the biggest decliner is Yangzijiang Shipbuilding at S$2.11 Stocks in Singapore ended…
Business
Audi keeps outlook after Q1 sales rise, but tariff impact not included
Volkswagen’s premium brand Audi on Monday (May 5) kept its full-year guidance, with the caveat that any impact from US tariffs was not…
Business
IPhone maker Hon Hai’s April sales surge 26% ahead of US tariffs
Hon Hai Precision Industry, the main contract manufacturer for Apple and Nvidia, said its April revenue rose 26 per cent, likely boosted…
Business
The Fed Isn’t Likely to Cut Rates Proactively Despite Economic Concerns. Here’s Why.
Less than a year ago, the Federal Reserve took decisive action to bolster the U.S. economy. With inflation easing and the labor market…