Business
Roomba maker’s sale to Chinese manufacturer approved by US bankruptcy judge
Amazon.com tried to buy iRobot for US$1.4 billion in 2023 but the deal fell through The company filed for bankruptcy in December after…
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Business
Business
BNP Paribas seeks to cut about 1,200 roles on Axa IM integration
More recently, the CEO Jean-Laurent Bonnafe has been selling some stakes in various businesses Paribas is seeking to eliminate about 1,200…
Business
Gold’s bullish outlook makes it a core portfolio asset, not just a hedge, say panellists
The precious metal will likely continue to rally amid geopolitical uncertainty and central bank demand, observers say Gold is increasingly…
Business
From US tech to emerging markets, investors urged to diversify in volatile year
Panellists highlight investment opportunities for 2026 amid geopolitical uncertainties Steve Brice, Global Chief Investment Officer of…
Business
Stretched valuations no barrier to global equity opportunities in 2026: panellists
Investors can still generate returns by being risk-on in a diversified manner, say market watchers Risk assets will likely continue to…
Business
Amazon plans thousands more corporate job cuts next week, sources say
Amazon is planning a second round of job cuts next week as part of its broader goal of trimming some 30,000 corporate workers, according…
Business
Bank of America, Citigroup weigh new cards with 10% rate
Some bank executives have publicly said that they agree with Trump’s focus on affordability Bank of America and Citigroup are exploring…
Business
JPMorgan CEO Jamie Dimon’s pay rises to US$43 million in 2025
RGAN Chase said on Thursday its longtime CEO Jamie Dimon‘s 2025 pay package climbed about 10 per cent to US$43 million. His compensation…
Business
Disney CEO Bob Iger Pay Package Rose 11.5% in 2025 to $45.8 Million
Bob Iger, in his second-to-last year leading Disney as CEO, saw his total compensation increase 11.5%, to a total of $45.8 million in…
Business
Intel gives weak forecast after supply shortages hurt sales
Intel gave a lacklustre forecast for the current quarter because supply shortages are making it harder to meet customer demand, a…
Business
Autodesk to cut about 7% of staff amid sales reorganisation push
Software company Autodesk is planning to cut around 1,000 jobs, or about 7 per cent of its workforce, as it seeks to streamline its…
Business
US stocks: Wall Street ends up as investors buoyed by tariff relief, upbeat data
Many of the so-called Magnificent Seven stocks are due to report earnings next week Street’s main indexes ended higher on Thursday, the…
Business
CBP makes million-dollar drug busts on Texas border
Customs and Border Protection officers manning a crossing between Mexico and Texas sniffed out more than $1.2 million in illegal drugs in…
Business
Mally Beauty Is Shutting Down
Mally Beauty, the makeup line founded in 2005 by celebrity makeup artist Mally Roncal, is shuttering. The closure was announced via…
Business
Design Highlights From Paris Déco Off and Maison&Objet
PARIS — It was a week of celebrations and breakthroughs for showrooms and boutiques that gravitated toward Paris’ 6th arrondissement and…
Business
Silk in diapers? P&G’s unusual plan to boost sales in China
With birth rates down around the world, Procter & Gamble is leaning into premium diapers to bolster sales figures. Specifically, the…
Business
Anduril to invest another $1 billion in California with new Long Beach campus
Anduril Industries, one of the leading defense companies in Southern California, will expand in Long Beach with a new $1-billion complex…
Business
Autodesk layoffs today: Software company cuts 7% of jobs in latest tech downsizing
Autodesk Inc., a maker of digital design software, announced Thursday that it plans to lay off about 1,000 employees, largely in sales…
Business
This L.A. startup uses SpaceX tech to cool data centers with less power and no water
As the artificial intelligence industry heats up, Karman Industries is trying to cool it down. The Signal Hill startup says it has…
Business
This group of workers is winning the AI adoption race
After spending much of his career in marketing, Daniel Hebert pivoted into Software as a Service (SaaS) sales for a high-growth startup in…
Business
The Assembly Place’s IPO 35.5 times subscribed ahead of Catalist debut
Co-living operator The Assembly Place’s initial public offering (IPO) was 35.5 times subscribed on Thursday (Jan 22), ahead of its debut…
Business
Wall Street opens higher on tariff relief
stocks opened higher on Thursday (Jan 22), inching towards all-time highs, after President Donald Trump dialed back his threat of tariffs…
Business
Apple asks Indian court to stop antitrust body from seeking its financials
The US tech giant argues that being forced to comply now will defeat its main legal challenge against India’s penalty rules Apple has…
Business
Singapore unveils new framework to regulate autonomous AI agents
While agentic artificial intelligence may benefit the Republic’s digital economy, it also has vulnerabilities Singapore has launched a new…