Business
Intel’s credit rating downgraded by Fitch on demand challenges
H downgrading US chipmaker Intel’s credit rating by one notch on Monday, according to a note by the ratings agency, which assigned a…
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Business
Business
By leaning into change, luxury is learning to thrive
Declining sales, falling profits, and job cuts have made for a tough first half of the year for the luxury sector. Yet two new initiatives…
Business
Michael Saylor’s Strategy makes its third-largest Bitcoin purchase ever
Michael Saylor’s Bitcoin juggernaut is at it again, buying near the highs with the kind of capital-markets firepower no other crypto firm…
Business
Amazon’s latest move spells trouble for audio-based podcasting
Amazon is gearing up for a significant restructuring of Wondery—the podcast studio behind popular shows like Scamfluencers, Dr. Death, and…
Business
Amazon to cut Wondery staff, reorganise audio business
Amazon.com is breaking up the operations of its Wondery podcast network as part of a broad reorganisation of the business. About 110…
Business
Hilary M. Weston, International Retailer, Philanthropist, Model, Dies at 83
Hilary M. Weston, retail mogul, socialite, philanthropist, and a former lieutenant governor of Ontario, Canada, died Saturday at the age…
Business
Rio Ngumoha raises first-team hype with Liverpool goal at Anfield
Ngumoha, who turns 17 later this month, shone again in pre-season to get fans wondering if he could be part of the first team this year.…
Business
Amazon cuts 110 jobs in reorganization of Wondery audio division
Amazon on Monday said it is cutting 110 roles from its audio division Wondery as part of a restructuring effort. The cuts reflect an…
Business
Research reveals how Delta and other airlines use AI to set ticket prices
Booking your last minute summer getaway? Delta recently revealed to what extent it’s using artificial intelligence to set ticket prices.…
Business
Bullish IPO aims to capture OpenAI-era enthusiasm for high-risk tech
Traders in the stock market can decide next week if they feel “bullish” about Bullish, as the cryptocurrency exchange announced today it…
Business
What’s really stopping workers from using AI isn’t what you think
From Hollywood to Big Tech, major industries across the U.S. are increasingly going all-in on AI workflow tools, and they’re expecting…
Business
Stock market rebounds after Friday’s wipeout
U.S. stocks are rallying and recovering much of their sharp losses from last week, when worries about how President Donald Trump’s tariffs…
Business
Steelcase’s $2 billion sale shows the return-to-office movement is still growing
Furniture maker Steelcase is being acquired by HNI Corporation in a $2.2 billion deal that shows the upside to office furniture at a time…
Business
RevPAR is mixed across Frasers Hospitality Trust’s markets in Q3
Frasers Hospitality Trust saw its revenue per available room (RevPAR) drop in three of the five key markets in which it operates for the…
Business
American Exchange Group Acquires Venus Fashion
American Exchange Group, a leader in accessories design, licensing and manufacturing, has acquired Venus, a heritage women’s fashion…
Business
How Tesla’s brand loyalty suffered during Musk’s alliance with Trump
Tesla for years had more repeat U.S. customers than any other major automotive brand but its loyalty has plunged since CEO Elon Musk…
Business
Lendlease Global Commercial Reit posts 1.8% higher DPU of S$0.018 for H2 FY2025
Lendlease Global Commercial Real Estate Investment Trust (Reit) posted a marginal improvement of 1.8 per cent in its distribution per unit…
Business
Spotify to raise premium subscription price in select markets from September
Spotify Technology shares gained in premarket trading after the company announced it is raising premium subscription prices across many…
Business
US: Wall Street opens higher following Friday's dramatic selloff
Street’s main indexes opened higher on Monday (Aug 4) after a sharp pullback in the previous session, as markets priced in prospects of…
Business
Lendlease Global Commercial Reit to divest office component of Jem to Keppel for S$462 million
Lendlease Global Commercial Reitwill be divesting the office component of the Juong commercial-retail development Jem to Keppel for S$462…
Business
Change Is Coming to The Atlanta Shoe Market, Though Not Quite Yet
Evolution is afoot in Atlanta. While the footwear industry at large is experiencing significant upheaval due to uncertainty around tariff…
Business
Tesla awards boss Elon Musk $29bn in shares
Tesla has granted its chief executive Elon Musk $29bn (£21.7bn) worth of its shares, in an attempt to keep the billionaire at the firm.…
Business
Emerging market funds adjust bets as ‘sell the dollar’ trade loses appeal
THE US dollar’s bounceback in July is convincing some emerging market investors to bet that it will keep rising in coming months. T Rowe…
Business
At Home is closing more stores: See the full list of doomed locations across six states
Popular home furnishings retailer At Home has announced that it will close additional locations as it continues to work through bankruptcy…