Business
Trump-Musk row slams Tesla shares, US$150 billion in market value wiped out
TESLA shares went into free-fall on Thursday as President Donald Trump publicly feuded with the electric vehicle maker’s billionaire CEO…
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Business
Business
Nasdaq CEO says IPO demand boosted despite tariff worries, banks on Texas boom
Exchange operator Nasdaq is holding active talks with companies considering stock market debuts, CEO Adena Friedman said on Thursday,…
Business
We can reshore American manufacturing
In my last Fast Company column, I shared my reasons for manufacturing my electric trucks in the U.S. I’m not alone. While near-shoring to…
Business
Europe: Shares inch up as Lagarde’s remarks offset ECB rate cut
EUROPEAN equities see-sawed on Thursday, ultimately eking out gains after the European Central Bank’s President Christine Lagarde’s more…
Business
US: Stocks slump as Tesla shares tank on Trump-Musk row
Wall Street stocks tumbled on Thursday as a row between US President Donald Trump and Tesla boss Elon Musk erupted - with the electric…
Business
Bosses' bonuses banned at six water companies
Faarea Masud & Tom Espiner BBC Business reporters A number of water companies have been banned from paying "unfair" bonuses to senior…
Business
Soaring demand for Nintendo Switch 2 boosts massive video game market
Benedict Corpuz has always been a “day one” type of person when it comes to fueling his video game habit. Beginning in his high school…
Business
Joann, Rite Aid, JCPenney, and other store closings contribute to a 274% surge in retail layoffs in 2025
Layoff announcements from U.S. employers have increased 80%, to 696,309 job cuts, through May of this year. That’s in comparison with the…
Business
Beau Bridges and Jason Ritter on Their Complex ‘Matlock’ Relationship, Career Parallels and Following in Their Fathers’ Footsteps
Casting Beau Bridges and Jason Ritter as father-and-son attorneys on “Matlock” was a stroke of genius — and perhaps an inevitability. Both…
Business
Wonder, Marc Lore’s food tech startup, is planning to go public in early 2028
Billionaire entrepreneur and Wonder CEO Marc Lore has confirmed that his food and restaurant technology startup is planning for an initial…
Business
Your 5 most burning questions about the new Nintendo Switch 2, answered
The Nintendo Switch 2 console has officially been released, as retailers opened their doors at midnight — 9 p.m. here on the West Coast —…
Business
Tesla Stocks Plummet as Trump-Musk Breakup Finally Begins
President Trump told reporters he was “disappointed” in Elon Musk, and Tesla’s stock took a nosedive minutes later. This comes as the…
Business
Tesla shares plummet as Trump-Musk feud over budget bill escalates
Cracks in the relationship between President Donald Trump and Tesla CEO Elon Musk, his self-proclaimed “first buddy,” are scaring Tesla…
Business
Big Tech’s indirect emissions jumped 150% in 3 years amid AI boom, U.N. report says
Indirect carbon emissions from the operations of four of the leading AI-focused tech companies—Amazon, Microsoft, Alphabet, and Meta—rose…
Business
Jason Constantine, Co-President of Lionsgate Motion Picture Group, Dies at 55
Jason Constantine, co-president of the Lionsgate Motion Picture Group, has died after a battle with cancer. He was 55. “With his fearless…
Business
Oil Prices Hold Steady as U.S. Fuel Stocks Rise and Saudi Arabia Cuts Crude Rates
After a turbulent opening to the week, oil markets had a bit of a breather on Thursday. Investors, who are still processing a jumble of…
Business
Annie Shi Opens Lei, a Wine Bar, on Doyers Street
“ I think we made the most of the space,” says Annie Shi, glancing around Lei, her 700-square-foot wine bar in New York’s Chinatown. “It’s…
Business
Europe’s $3.1B satellite merger won’t rival Musk’s Starlink
Two satellite heavyweights are about to form a European rival to Starlink. But they’ll face an uphill battle to compete with Elon Musk’s…
Business
US: Wall Street opens higher as investors focus on trade, key jobs data
stock indexes opened higher on Thursday (Jun 5) after signs of tariff negotiations between the US and China, while investors looked ahead…
Business
Great Eastern plans to delist through higher OCBC-backed bid: Bloomberg
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines Great Eastern is considering options…
Business
The Download: funding a CRISPR embryo startup, and bad news for clean cement
I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology. 1 Reddit is suing Anthropic…
Business
Alphabet to keep hiring engineers while AI advances
Alphabet’s chief executive officer Sundar Pichai said his company will keep expanding its engineering ranks at least into 2026, stressing…
Business
Jacob Bethell and Ollie Pope: Luke Wright gives no assurances on England number three
Bethell could pressure opener Zak Crawley or frontline spinner Shoaib Bashir for a place in the XI but realistically it is a choice…
Business
StanChart brings maximum interest rate on savings account to record 8.05%
While local banks are dropping their interest rates on savings accounts, Standard Chartered Bank (StanChart) has raised its rates to an…