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Kohl’s Picks C.E.O. of Michaels to Help It Turn Around
Kohl’s has hired Ashley Buchanan, chief executive of the crafts retailer Michaels, to be its next chief executive, the department store chain said on Monday. Mr. Buchanan, who has run Michaels since 2020, will start on Jan. 15. Mr. Buchanan will be the third chief executive at Kohl’s since 2018.…
Published: 2024-11-26 08:44:39
Hong Kong is becoming a hub for financial crime, US lawmakers say
Hong Kong has become a center for money laundering and sanctions evasion under the tightening grip of Beijing, US lawmakers have warned, calling for a re-evaluation of America’s close business relationship with the Asian financial hub. In a letter to US Treasury Secretary Janet Yellen Monday,…
Published: 2024-11-26 08:44:29
Borrell slams double standards over Putin, Netanyahu warrants
The European Union's High Representative for Foreign Affairs and Security Policy Josep Borrell reiterated on Tuesday that the International Criminal Court's (ICC) arrest warrant for Israeli Prime Mini...
Published: 2024-11-26 08:44:52
COP29 Puts World on Course for More Extreme Weather – and More Deaths
Yves here. COP29 was such a disappointment that climate activists seem at a loss as to what to do next. Paul Rogers’ forecasts that it will likely take another decade of worsening weather and the fires and floods they generate to hit the Global North hard before advanced economies get religion…
Published: 2024-11-26 08:44:41
US Air Force Chief's Stark Warning About War With Russia and China
A war between the United States and Russia or China is not unlikely, as "it can happen at any time," U.S. Secretary of the Air Force Frank Kendall warned during a speech recently. The secretary's warning came as Russia and China, two of nine nuclear-armed nations, are increasingly aligned with…
Published: 2024-11-26 08:44:42
Banco BPM board member says UniCredit bid is hostile, ANSA reports
UniCredit's surprise bid for Italy's Banco BPM is hostile, a board member of the smaller lender told Italian newswire ANSA on Tuesday.
Published: 2024-11-26 08:44:28
Tesla Faces Exclusion From California EV Credits Amid Trump Row. What It Means for the Stock
Published: 2024-11-26 08:44:28
Roche to buy Poseida Therapeutics for $1.5B
F. Hoffmann-La Roche AG announced on Tuesday that it is acquiring Poseida Therapeutics Inc. for around $9 per share in cash or $1 billion in total. Shareholders will also receive a non-tradeable conti...
Published: 2024-11-26 08:44:42
De Guindos warns of trade war risks amid US tariff threats
European Central Bank (ECB) Vice-President Luis de Guindos voiced concerns Tuesday over global economic risks, after US President-elected Donald Trump's tariff threats for China, Canada, and Mexico.De...
Published: 2024-11-26 08:44:55
UK Slaps Largest Sanctions Package Yet On Russia's Shadow Tanker Fleet
UK Slaps Largest Sanctions Package Yet On Russia's Shadow Tanker Fleet Authored by Charles Kennedy via OilPrice.com, The UK has sanctioned 30 ships involved in Russia's shadow fleet to disrupt its oil trade. This move aims to limit Russia's ability to fund its war in Ukraine by reducing…
Published: 2024-11-26 08:33:31
AI Could Lift the Oil Industry’s Profits. It’s Happening in the Permian Basin
Published: 2024-11-26 08:33:42
AWS bends to Broadcom's will with VMware Cloud Foundation as-a-service
Microsoft, Oracle, and IBM are all doing it. Andy Jassy's rent-a-server shop may have felt it was leaving money on the table Amazon Web Services has introduced a VMware-as-a-service offering that conforms to Broadcom's licensing schemes.…
Published: 2024-11-26 08:33:46
Brazil’s antitrust regulator says Apple must lift anticompetitive restrictions
The antitrust watchdog has given Apple 20 days to comply, or face a daily penalty of $43,000. Read more: Brazil’s antitrust regulator says Apple must lift anticompetitive restrictions
Published: 2024-11-26 08:33:41
Heathrow boss says 2025 to bring final decision on controversial third runway
Thomas Woldbye told the Airlines 2024 conference he expected a final decision "one way or another" on the long-running project by the end of 2025.
Published: 2024-11-26 08:33:49
Trump fires the first salvo of his renewed trade war with China: A 10% across-the-board tariff
On Truth Social, Trump alleged that Chinese inaction on illegal fentanyl was the reason behind the new 10% tariff. Read More
Published: 2024-11-26 08:33:51
Tim Cook Joins US Executives To Attend China Expo As Donald Trump Threatens Extra Tariffs On Sino Goods
Amid growing concerns over potential trade tensions, Tim Cook, CEO of Apple Inc. (NASDAQ:AAPL) , along with other prominent American business leaders, are in China this week. Their visit coincides with the ‘China International Supply Chain Expo’ and includes meetings with Chinese officials. This…
Published: 2024-11-26 08:33:27
US charges against Gautam Adani put loyal Jefferies on the spot
US charges against Gautam Adani put loyal Jefferies on the spot Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%.
Published: 2024-11-26 08:22:37
Planning to retire at 65? Most Americans have to stop working earlier
The typical American retires far earlier than he or she expects to, and it's often not by choice, according to new research from the Transamerica Center for Retirement Studies. The median retirement age in the U.S. is 62, with nearly six in 10 retirees telling the research firm that they stepped…
Published: 2024-11-26 08:22:32
Stock market today: Asian shares mostly fall on worries about Trump's tariffs
Asian shares have mostly declined as worries spread over President-elect Donald Trump's comment that he plans to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office
Published: 2024-11-26 08:44:27
Why the Holiday Season Is the Perfect Time to Reclaim Your Brain With a Digital Detox
A pair of experts laid out the ideal conditions for a successful digital detox. The holiday season checks all their boxes.
Published: 2024-11-26 08:44:34
Eurpoean automakers fall as Trump pledges tariffs
European automakers shares fell in early trading on Tuesday, as traders reacted to President-elect Donald Trump pledging big tariffs on Canada, Mexico and China, news that fueled jitters over a potential global trade war.
Published: 2024-11-26 08:33:43
Investors say they know how to trade Trump 2.0
Investors dusted off their trade war playbooks on Tuesday, confident their portfolios were better-prepared for Donald Trump this time after the U.S. President-elect took to social media and pledged new tariffs on Mexico, Canada and China.
Published: 2024-11-26 08:22:45
Japan can become one of the biggest winners of the Trump era
Sander Gerber is the CEO and founder of Hudson Bay Capital, a U.S.-based global investment firm. Kenneth Weinstein is the Japan Chair at the Hudson Institute, a think tank based in Washington, where he previously served as president and CEO. He is also the CEO of the Indo-Pacific Forum, a…
Published: 2024-11-26 08:12:12
Halfords could raise servicing and repair prices after £23m budget hit
Cycling and motoring retailer calls for more support for business from the government Business live – latest updates Halfords could raise prices for car servicing and repair to help it cope with a £23m cost increase after the autumn budget, and called for more business support from the…
Published: 2024-11-26 08:22:42
Auto industry's shift toward EVs is expected to go on despite Trump threat to kill tax credits
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs
Published: 2024-11-26 08:11:47
Russian attack causes power outage in western Ukraine
Russian attack on the critical infrastructure facilities in the Ternopil province in the western Ukrainian region caused power outages, the local governor, Vyacheslav Negoda, stated on Tuesday.Negoda ...
Published: 2024-11-26 08:12:04
Hong Kong aims to revive IPOs with speedy approvals for mainland Chinese firms
Listing approvals for China’s onshore-listed companies will be streamlined provided they meet certain criteria, HKEX CEO Bonnie Chan says.
Published: 2024-11-26 08:11:48
Auto industry’s shift toward EVs is expected to go on despite Trump threat to kill tax credits
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs.
Published: 2024-11-26 08:22:57
Cradle builds out its protein-design AI platform (and wet lab) with $73M in new funding
Using AI to accelerate biotech is fast becoming standard practice, and companies offering services to deploy the tech quickly are seeing big uptake and new investment. Cradle is one of these, focused on protein design — and it just raised $73 million to build out its labs and team. Cradle appeared…
Published: 2024-11-26 08:12:10
Trump's plans for the housing market
Trump's plans for the housing market Across the U.S., millions of people are feeling the burden of high housing costs. During his campaign, president-elect Donald Trump promised to do something about that. But what exactly is that something? Today on the show, NPR's business correspondent, Laurel…
Published: 2024-11-26 08:11:49
Hummingbirds’ Flight Offers Clues to Improve Drones
Hummingbirds zooming around the garden from flower to flower and sipping nectar probably don’t appear at first glance to be models for instruments of war. But the tiny thrumming birds are unparalleled aerial acrobats, power in miniature, instantly zipping forward and backward, diving quickly down…
Published: 2024-11-26 08:11:56
Ignore the online CV truthers. If anything, Rachel Reeves is overqualified to be UK chancellor | Gaby Hinsliff
Gordon Brown and George Osborne studied history, but neither faced the questions of suitability levelled at the first woman in the job Rachel Reeves is not for turning. She won’t be pushed around, knocked off course, undermined by backbench mutterings or criticism from the Confederation of British…
Published: 2024-11-26 08:22:48
Europe opens lower amid future trade uncertainty with US
European stock markets opened lower on Tuesday as investors assessed the impact of renewed trade tensions. US President-elect Donald Trump reiterated plans to impose tariffs on China, Mexico, and Cana...
Published: 2024-11-26 08:00:55
Cambridge materials science spin-out Molyon is on a mission to make next-gen batteries fly
Battery tech is pivotal as the world leans into electrification to power decarbonization in the race against climate change. But rising demand is putting more attention on the limits and drawbacks of current generation lithium-ion (Li-ion) battery technology. This is where Cambridge University…
Published: 2024-11-26 08:00:58
Rocket Engine Fire Stalls Japan’s Ambitions to Launch Satellites
Japan halted an engine test for one of its flagship rockets after a fire broke out at the launch site on Tuesday, marking the latest setback in the country’s efforts to establish a foothold in the growing market for vehicles capable of launching satellites into orbit. Japan’s space agency had been…
Published: 2024-11-26 08:12:07
Which countries in Europe are heading toward becoming cashless societies?
The Nordic countries are leading the way for adopting a future without cash transactions, while Armenia, Georgia, and Germany fall behind, according to a recent analysis. Europe’s Nordic countries are more prepared for a future where cash is no longer used in transactions than the rest of Europe,…
Published: 2024-11-26 08:00:47
Walmart becomes latest - and biggest - company to roll back its DEI policies
Walmart becomes latest — and biggest — company to roll back its DEI policies NEW YORK — Walmart, the world's largest retailer, is rolling back its diversity, equity and inclusion policies, joining a growing list of major corporations that have done the same after coming under attack by…
Published: 2024-11-26 07:50:26
BTC Price News: Bitcoin Slides Under $94K, But $100,000 Target Remains
Bitcoin Slides Near $94K, But Short-Term Bullish Target of $100K BTC Unchanged Analysts view a correction of as much as 10% from the peak (or as low as $92,000) as a “natural phenomenon.” But expect choppiness ahead. What to know: - A bitcoin-led crypto market correction continued into its third…
Published: 2024-11-26 07:50:16
China's CATL says has no suppliers from Xinjiang region
Chinese battery company CATL said on Tuesday that it did not have any suppliers from the Xinjiang region, in response to comments made by Republican John Moolenaar. The U.S. banned on Friday food, metals and other imports from about 30 more Chinese companies over alleged forced labor involving the…
Published: 2024-11-26 07:50:13
Here's How High MicroStrategy Stock Can Climb As Bitcoin Races To New Highs
Join Barchart Premier to attend LIVE "Market on Close" program each Friday with John Rowland. FREE 30 Day Trial - Market Pulse - - Options Market Overview - Unusual Options Activity - IV Rank and IV Percentile - Implied vs Realized Vol - Most Active Options - Highest Open Positions - Unusual…
Published: 2024-11-26 07:50:09
Fitch puts some Adani bonds on negative watch as Sri Lanka weighs accusations
By Uditha Jayasinghe, Scott Murdoch and Chris Thomas (Reuters) -Sri Lanka is weighing U.S. bribery accusations against Adani Group and Fitch put some company bonds on a watch list for a possible downgrade, as fallout widens from indictments of some key executives of the Indian conglomerate. U.S.…
Published: 2024-11-26 07:50:07
XRP Holds Strong as Archax Unveils Tokenized Money Market Fund on XRP Ledger
XRP outperformed bitcoin (BTC) and other major tokens in the past 24 hours as regulated crypto broker and custodian Archax unveiled a money market fund on the XRP Ledger, a first for the network, in collaboration with closely related Ripple Labs and Abrdn. Archax has provided access to Abrdn’s…
Published: 2024-11-26 07:50:20
NATO Revives Talk Of Sending European Troops To Ukraine, Warns Biz Leaders To Prepare For "Wartime Scenario"
NATO Revives Talk Of Sending European Troops To Ukraine, Warns Biz Leaders To Prepare For "Wartime Scenario" It's been no secret that in Ukraine there will be escalation before any potential ceasefire deal is worked out. The Biden administration is scrambling to try and build Kiev's leverage on…
Published: 2024-11-26 07:50:27
Paris Mayor Anne Hidalgo won’t seek reelection in 2026
Hidalgo is best known for overseeing the 2024 Paris Olympic Games, and her efforts to make Paris a more environmentally-friendly city, pushing for urban changes that would favour green transportation over cars.
Published: 2024-11-26 07:50:01
Elon Musk's Neuralink To Launch New Feasibility Trial With Brain Implant And Robotic Arm
Elon Musk‘s company, Neuralink, is set to initiate a new feasibility trial involving its innovative brain implant technology and a robotic arm. This trial aims to explore the safety and effectiveness of Neuralink’s wireless brain-computer interface and surgical robot. What Happened: The study,…
Published: 2024-11-26 08:01:11
Wall Street Breakfast Podcast: Gold Sinks
Listen below or on the go on Apple Podcasts and Spotify Dow outshined both the Nasdaq and benchmark S&P 500 (0:30). Gold sinks by most in 4 years (1:11). Crude oil futures fall sharply (1:50) Trump prepares broad energy plan (2:40). Transcript Traders and investors watched Wall Street's major…
Published: 2024-11-26 08:44:54
China Issues Warning to Trump Over Tariffs: 'No One Will Win'
China has issued a warning to Donald Trump over his plans to impose new tariffs, saying that "no one will win a trade war." The President-elect said on Monday that he will impose an additional 10 percent tariff on Chinese products entering the U.S. when he returns to the White House, warning that…
Published: 2024-11-26 07:50:09
Dollar gains and stocks drop on Trump tariff threats – business live
Rolling coverage of the latest ecoonomic and financial news Trump vows tariffs on Mexico and Canada and deeper tariffs on China Good morning, and welcome to our coverage of business, the financial markets and the world economy. Donald Trump has kicked-off his long feared plan for new tariffs…
Published: 2024-11-26 07:49:55
Nick Johnson sheds light on ENS Labs’ upcoming rollup ‘Namechain’
Ethereum Name Service Founder Nick Johnson discussed the launch of Namechain, ENS Labs' own ‘L2-agnostic’ rollup.
Published: 2024-11-26 07:39:35
Tech giants Meta, TikTok, Google slam Australia’s under-16 social media ban
The proposed law will hold the social media giants responsible for policing the ban, under threat of fines of up to US$32.5 million.
Published: 2024-11-26 07:39:14
US Energy Dept gives $6.6B conditional loan to Rivian
Rivian Automotive Inc. announced that it received a conditional loan of up to $6.6 billion from the United States Department of Energy's (DOE) Advanced Technology Vehicle Manufacturing (ATVM) Loan Pro...
Published: 2024-11-26 07:39:33
Bluesky too opaque about user figures for Euro watchdogs
X rival also under fire for failing to designate legal representative The Bluesky social network is not yet big enough to be considered "Very Large Online Platform" subject to special obligations under Europe's Digital Services Act (DSA) – but it's already having trouble complying with the law.…
Published: 2024-11-26 07:39:14
CNBC Daily Open: Investors endorse Trump’s Treasury secretary pick
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you see? You can subscribe here. Markets rally U.S. stocks saw a broad rally on Monday, with major…
Published: 2024-11-26 07:39:18
Dell Reports Its Earnings Today. Gains on AI Servers Will Come Next Year
Published: 2024-11-26 07:39:14
Small Caps Hit Records As Expert Says Russell 2000 'Still Very Discounted' Compared To S&P 500
Small-cap stocks are positioned for significant upside in 2025, driven by recovering earnings, potential corporate tax cuts, and favorable valuations, according to Brian Manby, investment strategy analyst at WisdomTree. In an exclusive interview with Benzinga, Manby shared his optimism for the…
Published: 2024-11-26 07:28:20
Major fallout for India's Adani Group after U.S. bribery indictment
Some nations and investors have either scrapped deals or halted investments in the Adani Group, after the United States indicted its billionaire chairman Gautam Adani for alleged bribery and fraud to win contracts for a group company, Adani Green Energy.
Published: 2024-11-26 07:28:42
'I want to get a job but I don't know how'
'I want to get a job but I don't know how' Young people must "earn or learn" or face having their benefits cut, under government plans to get them back into work and grow the economy. Official figures suggest nearly a million young people were out of education, employment or training between July…
Published: 2024-11-26 07:28:28
US patrol plane flies over Taiwan Strait
A US Navy P-8A Poseidon aircraft conducted a transit through the Taiwan Strait on Tuesday, reinforcing the US stance on the waterway's international status, the Commander, US 7th Fleet informed on the...
Published: 2024-11-26 07:28:21
Warren Buffett Announces New Charitable Gifts, Updates Plans For $150B Fortune: Billionaire Wants To Help Others 'Given A Very Short Straw At Birth'
Legendary investor Warren Buffett has announced new charitable donations and updates to how his fortune will be spent after he is gone, news that comes months after he turned 94 years old. What Happened: Buffett announced Monday that he is converting 1,600 Berkshire Hathaway Class A BRK shares…
Published: 2024-11-26 07:17:44
Macy’s Discovers Employee Hid Millions in Delivery Expenses
Macy’s said on Monday that an employee had “intentionally” misstated and hidden up to $154 million in delivery expenses over the past few years, forcing the retailer to delay a much-anticipated earnings report that Wall Street uses to gauge the strength of holiday shopping. The employee did not…
Published: 2024-11-26 07:17:39
Huawei launches Mate 70 smartphone
China's Huawei Technologies (HWT.UL) launched the latest edition of its flagship Mate series at an event in its hometown of Shenzhen on Tuesday, with executive Richard Yu saying it is "the most powerful Mate phone ever".
Published: 2024-11-26 07:17:40
Tesla would likely be excluded from new California EV tax credits -governor's office says
Published: 2024-11-26 07:07:06
EV Projects to Get $13 Billion in Federal Loans
The Biden administration said on Monday that it would lend $6 billion to help Rivian build an electric car factory in Georgia, part of an effort to lock in Democratic climate policies before President-elect Donald J. Trump takes office. Rivian, a relatively new company that makes only electric…
Published: 2024-11-26 07:06:55
Warren Buffett just published a mini letter about his plans to give his billions away, his kids — and how lucky he's been
Warren Buffett said he would gift Berkshire stock worth $1.2 billion to family foundations. - The investor also wrote a mini letter to shareholders that was almost 1,500 words. - Buffett spoke about his estate planning, his children, his luck in life, and philanthropy. Warren Buffett surprised…
Published: 2024-11-26 07:06:51
Zoom abandons its video-based identity, rebranding as an AI-first company
Zoom Video Communications Inc. is dropping video from its name in an AI-first rebranding effort. The company, best known for its videoconferencing, will now be known as "Zoom Communications Inc." Zoom isn't the only company revisiting its trajectory in the AI boom. Zoom — the company best known…
Published: 2024-11-26 07:06:49
Mercosur: France seeks to rally blocking minority against trade deal
While Germany and Spain strongly endorse the Mercosur deal, France is trying to rally a blocking minority to halt the agreement. It is hopeful that Italy, Austria, Poland and the Netherlands will join Paris. As negotiators from all sides on the Mercosur deal enter a new round of negotiations this…
Published: 2024-11-26 07:06:43
Nigel Hamilton's 6 inspirational books for fellow writers
When you make a purchase using links on our site, The Week may earn a commission. All reviews are written independently by our editorial team. Nigel Hamilton's new book, "Lincoln vs. Davis," is a study of its subjects as rival Civil War commanders. Below, the veteran U.S. biographer recommends…
Published: 2024-11-26 07:06:59
Thailand’s Top Political Dynasty Faces New Threats to Power: What to Know
Published: 2024-11-26 07:39:25
How machine learning can help support cancer survivors
Philip O’Brien from SETU’s Walton Institute says the hype around AI has led to many misconceptions about if and when to use it. Read more: How machine learning can help support cancer survivors
Published: 2024-11-26 07:06:55
The winners and losers in Gaetz's rise and fall
The implosion of Donald Trump's first pick to run the Department of Justice was part fluke, part feature and part forecast of the president-elect's incoming administration
Published: 2024-11-26 07:06:47
‘Asda turnaround could take up to five years’: Allan Leighton returns to run retailer
The 71-year-old, who left in 2000, says he has three priorities to revive the supermarket chain for a second time It could take three to five years to revive Asda’s fortunes, according to the veteran retail boss Allan Leighton, who first helped turn around the supermarket chain more than 20 years…
Published: 2024-11-26 07:17:52
Binance launching BFUSD, promising APY ‘will never go below zero’
Binance is set to launch BFUSD and promises that BFUSD's APY "will never go below zero," protecting holders from negative returns.
Published: 2024-11-26 07:06:51
Europe down in premarket after Trump promises tariffs
Major European stock indexes traded lower during premarket hours on Tuesday after United States President-elect Donald Trump vowed to impose tariffs that he promised during his presidential campaign. ...
Published: 2024-11-26 07:06:36
UK Non-Crime Hate Incidents Should Be Abolished, Report Says
UK Non-Crime Hate Incidents Should Be Abolished, Report Says Authored by Rachel Roberts via The Epoch Times (emphasis ours), Non-crime hate incidents (NCHIs) “should be abolished” as they “distract police from the fight against crime” while having a “chilling effect” on freedom of expression, a…
Published: 2024-11-26 07:06:59
6 outstanding homes for under $600K
Ojo Sarco, New Mexico This two-bedroom adobe home sits on 5.56 acres abutting Carson National Forest. Built in 1980 with modern and Spanish elements, the open-plan house features heated concrete floors, arched windows, a circular viga-and-latilla ceiling, a kitchen with polished-sandstone…
Published: 2024-11-26 07:06:47
Forget China, Mexico’s Trump card is BMW’s secret weapon for electric cars
“BMW will be the first premium automaker to produce EVs and batteries in Mexico.” Read More
Published: 2024-11-26 07:06:28
Volta, a Shopify for B2B transactions, raises biggest pre-seed round of Italy
Volta, a new startup with a team split between two headquarters in Milan and Paris, has secured a €6 million pre-seed round ($6.3 million) to develop a new vertical software-as-a-service platform focused on B2B sales. In more practical terms, the Volta team pitches its product as an equivalent to…
Published: 2024-11-26 07:06:57
Biolevate’s raises €6M to helps medical writers keep up with the pace of new drugs
Writing the documentation that must go alongside the development of new drugs is a highly labor-intensive process: not much software is used and there’s a shortage of expert writers. Paris-based Biolevate helps medical writers go faster with a platform that uses NLP and visual document reading to…
Published: 2024-11-26 07:07:12
From Data To Insights: Snowflake's AI Evolution And Investment Potential
Summary - Snowflake's stock struggled earlier in the year due to disappointing FY 2025 guidance and CEO Frank Slootman's retirement. - New CEO Sridhar Ramaswamy's AI expertise aims to close the gap with Databricks and achieve Snowflake's ambitious $10 billion revenue goal by FY 2029. - Snowflake…
Published: 2024-11-26 08:44:40
Disney settles suit over women's pay for $43 million
Walt Disney has agreed to pay $43.3 million to settle a lawsuit alleging that its female employees in California earned $150 million less than their male counterparts over an eight-year period, the plaintiffs' lawyers said in a statement on Monday. As part of the settlement, Disney has agreed to…
Published: 2024-11-26 06:55:44
Sources: Xiaomi prepares its own mobile chip for its smartphones, to reduce reliance on Qualcomm and MediaTek, with mass production expected to begin in 2025
Published: 2024-11-26 06:55:41
How S&P 500 tends to perform during Thanksgiving week and into New Year’s Eve
Published: 2024-11-26 06:45:18
Walmart to roll back some diversity policies amid pressure from conservatives
Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing list of firms feeling the heat from conservative groups. Bloomberg News reported that Walmart will no longer consider race and gender to boost…
Published: 2024-11-26 06:45:15
Violence breaks out in Pakistan as ex-PM Khan's supporters demand his release
ISLAMABAD -- Deadly clashes have broken out near Pakistan's capital Islamabad as supporters of jailed former Prime Minister Imran Khan descend on the city in their biggest show of force since a new military-backed government came to power earlier this year. At least one police office was killed…
Published: 2024-11-26 06:45:12
Tim Cook and other U.S. executives attend China expo, meet officials as Trump tariff threat looms
American business leaders are in China this week for meetings with officials and a high-profile supply chain expo as trade threats from a second Donald Trump presidency mount. Among them is Apple CEO Tim Cook, who will be in attendance for the second annual 'China International Supply Chain Expo,'…
Published: 2024-11-26 06:44:50
Spot bitcoin ETFs end positive streak with $438 million outflows; BTC dips to $94,500
Monday’s net outflow ended a five-day streak of net inflows that brought $3.4 billion into the spot bitcoin ETFs.
Published: 2024-11-26 06:45:10
Maybank Profit Rises on Stronger Noninterest Income
Malaysia’s largest lender by market capitalization said its third-quarter net profit rose 7.6%, supported by stronger noninterest income.
Published: 2024-11-26 06:45:14
The AI Race Is Entering a New Stage. Nvidia Won’t Be the Only Winner This Time
Published: 2024-11-26 06:34:13
Britain Putin up stronger AI defences to counter growing cyber threats
Britain Putin up stronger AI defences to counter growing cyber threats 'Be in no doubt: the UK and others in this room are watching Russia' The government of the United Kingdom on Monday announced the formation of a Laboratory for AI Security Research (LASR) to make the nation more resilient to…
Published: 2024-11-26 06:34:08
Roche to acquire US-based Poseida Therapeutics
Roche will acquire California-based biopharmafirm Poseida Therapeutics for $9 per share at closing, for a total equity value of $1 billion, the Swiss company said on Tuesday.
Published: 2024-11-26 06:33:53
Roche to acquire US firm Poseida Therapeutics in $1.5 billion deal
In This Article: ZURICH (Reuters) -Switzerland's Roche will acquire U.S. biopharma firm Poseida Therapeutics in a cash deal worth up to $1.5 billion, the companies said on Tuesday. Poseida is to be bought at $9 per share in cash, and stockholders will also receive a non-tradeable contingent value…
Published: 2024-11-26 07:39:24
ZIM Integrated Shipping: Why The Valuation Could Double
ZIM Integrated Shipping Services (NYSE:ZIM) reported better than expected earnings for its third-quarter last week, on both the bottom and the top line. The shipping company greatly benefited from an upward surge in freight rates in 2024, including in Q3'24. ZIM Integrated Shipping Summary - ZIM…
Published: 2024-11-26 08:44:56
Walmart rolls back DEI commitments amid conservative backlash
Diversity, equity and inclusion initiatives in U.S. workplaces are under growing scrutiny. Activist Robby Starbuck had targeted Walmart’s policies in an online campaign.
Published: 2024-11-26 06:34:10
Bitcoin price today: slips to $94k as risk appetite sours on Trump tariff threat
Published: 2024-11-26 08:00:44
Brookfield Asset Management: The Compounder's Dream
In my previous article, I mentioned that Brookfield Asset Management (NYSE:BAM) (TSX:BAM:CA) is the kind of stock that you buy and hold forever. It's a low-maintenance position where I rely on the asset managers to keep the Summary - Brookfield Asset Management is a low-maintenance "buy and hold…
Published: 2024-11-26 08:44:29
Nissan seeks investor to replace some of Renault's equity holding, FT reports
Nissan Motor is looking for a long-term investor, such as a bank or insurance group, to help it replace some of Renault's diluted stakeholding, the Financial Times reported on Tuesday.
Published: 2024-11-26 06:23:03
Three Reasons Why Bitcoin Risks Falling Below $90K: Godbole
Bitcoin's (BTC) much-anticipated breakout above $100,000 remains out of reach, with prices retreating to $94,500 overnight. Key indicators point to further declines, potentially to levels below $90,000. The first indicator is the 25-delta risk reversal, which measures the volatility premium of…
Published: 2024-11-26 06:23:22
Czech president warns Trump of rising autocracies
In today’s edition of the Capitals, find out more about Bulgaria's Borissov vowing to bring Bulgaria into the eurozone, Italian Foreign Minister Antonio Tajani saying talks with Israel's Netanyahu are key, and so much more.
Published: 2024-11-26 06:24:56
Borissov vows to bring Bulgaria into eurozone if named PM
GERB leader and former prime minister Boyko Borissov is increasingly insistent that he will be elected prime minister of the next Bulgarian government, promising the country's accession to the eurozone, but for now, his political bid has been rejected. "If I am prime minister, we can make it to…
Published: 2024-11-26 06:24:24
Asia-Pacific mostly lower after Trump's tariff threats
Major stock indexes in the Asia-Pacific region traded mostly lower on Tuesday, diverging from Wall Street, where US benchmarks reached record highs after President-elect Donald Trump announced his cho...
Published: 2024-11-26 06:23:21
Meet the start-up working to save newborn babies and democratize pregnancy care
More than 2 million babies died in the first 20 days of their lives in 2022, equating to around 6,500 deaths a day, according to the World Health Organization. On top of that, almost 800 women a day died from "preventable causes" in pregnancy or childbirth in 2020, an "unacceptably high" figure,…
Published: 2024-11-26 06:23:03
China's stock brokerages set for windfall as trading activity soars
SHANGHAI/HONG KONG -- Brokerages have become early beneficiaries of China's stimulus rollout thanks to a surge in trading activity of mainland-listed stocks. Daily turnover of stocks listed on the Shanghai and Shenzhen exchanges hit an average of 2.1 trillion yuan ($289 billion) this month through…
Published: 2024-11-26 06:12:28
Sources: Apple held talks with local tech firms to help power Apple Intelligence in China; a CAC official says approval will be difficult without local partners
Published: 2024-11-26 06:12:24
Chinese fast fashion may be in the line of fire in a second Trump term. Here's what Trump's tariffs could mean for Shein and Temu
President-elect Donald Trump's threatened tariffs could hit Shein and Temu hard. Jakub Porzycki/NurPhoto via Getty Images Trump's second term may not bode well for Chinese fast-fashion brands in the US. The president-elect has floated the idea of tariffs of 60% or more on imports from China. Gen…
Published: 2024-11-26 06:23:11
Few Ukrainians mull leaving Poland, poll shows
Almost half of Ukrainians who arrived in Poland before the war in Ukraine began want to stay, while only 2% want to leave for another country, according to data published by the Polish Central Bank, showing the desire to stay is lower among those who arrived after the war began. As stated in the…
Published: 2024-11-26 06:24:13
Japan’s Ishiba renews pressure on companies to ramp up pay
Prime Minister Shigeru Ishiba called on companies to continue ramping up pay for workers, as his government seeks to secure stable inflation and economic growth while also responding to the rising cost of living. "I asked for cooperation in next year’s wage negotiations for a substantial wage…
Published: 2024-11-26 07:06:44
E5 defense ministers meet in Berlin as Kyiv readies for third war winter
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Published: 2024-11-26 06:13:21
Experts: Merkel’s decisions contributed to multiple German, EU crises, including Ukraine war
Experts say while no EU leader tried to establish dialogue with everyone like Merkel, she contributed to Europe's long term problems.
Published: 2024-11-26 06:13:24
Google proposes fresh tweaks to search results in Europe
Google has proposed more changes to its search results in Europe after some smaller rivals complained about lower traffic to their sites resulting from previous tweaks by the Alphabet unit and as EU antitrust regulators consider levying charges against the company under new EU tech rules.
Published: 2024-11-26 06:23:33
Adani Group's troubles keep growing as financial and legal headwinds get stronger
Adina Group's troubles are only growing as financial and legal headwinds get stronger
Published: 2024-11-26 06:12:24
Portuguese PM says no resignations over ambulance strike deaths
Portugal's Prime Minister Luís Montenegro said on Monday that political responsibility - if found - must be taken for the deaths caused by the national ambulance service as a result of an ongoing strike and that it could even implicate him or other ministers, although not their jobs. Montenegro…
Published: 2024-11-26 06:12:53
Antitrust watchdog raids Amazon Japan over alleged price-fixing
The investigation is focused on potential breaches of antitrust laws, including abuse of a superior bargaining position and restrictive trading practices.
Published: 2024-11-26 06:12:17
JTB shifts from travel agent to change agent for destinations
TOKYO -- Japanese travel agency JTB is segueing into a future in which it will rely less on tourists for revenue and more on the destinations working to attract them. "We are hoping to become a business that creates opportunities for interaction," said President and CEO Eijiro Yamakita in an…
Published: 2024-11-26 06:01:47
Couple charged in ring suspected of stealing $1 million in Lululemon clothes
Couple charged in ring suspected of stealing $1 million in Lululemon clothes MINNEAPOLIS (AP) — A Connecticut couple has been charged in Minnesota with being part of a shoplifting ring suspected of stealing around $1 million in goods across the country from the upscale athletic wear retailer…
Published: 2024-11-26 06:01:47
A government source says Japan's FTC raided Amazon Japan on November 26 suspecting it's inappropriately urging its sellers to lower their prices on its platform
Published: 2024-11-26 06:01:42
Industrial policy also means ‘letting losers go,’ EU development bank says
The industrial transition towards climate neutrality “cannot be painless," EBRD chief economist Beata Javorcik told Euractiv.
Published: 2024-11-26 06:13:16
How late $300bn deal left a sense of dissatisfaction and betrayal at Cop29
While an agreement on climate finance was eventually reached in Baku, many poorer countries were outraged The Lamborghini showroom and a Tiffany branch sit at either end of Baku’s long boulevards beside the Caspian Sea. Adorned with grand 19th-century mansions, all plaster nymphs and columned…
Published: 2024-11-26 07:39:19
British firms are being forced into ‘damage control’ mode as tax hikes leave CEOs questioning whether to invest in UK, industry chief warns
Too many businesses are having to compromise on their plans for growth," CBI chief Rain Newton-Smith said. Read More
Published: 2024-11-26 06:12:12
Formula 1 teams up with Lego to assemble a younger fanbase for the thriving motorsport
The deal comes as F1's popularity has skyrocketed in recent years, thanks to the hit Netflix series “Drive to Survive,” which has spawned a new following. Read More
Published: 2024-11-26 06:12:59
Sánchez reshuffles Spanish government as Ribera heads off to Brussels
Spanish Prime Minister Pedro Sánchez announced Sara Aagesan as secretary of state for energy to replace former Ecological Transition Minister Teresa Ribera, who will now become a vice-president in Ursula von der Leyen's second Commission. Aagesen will join the progressive executive with a large…
Published: 2024-11-26 06:02:14
Călin Georgescu, the far-right outsider who could be Romania’s new president
Călin Georgescu is challenging Romania's pro-Ukraine position, emphasising engaging with, rather than challenging, Russia.
Published: 2024-11-26 06:02:05
Italy’s M5S denies formation of new group with Wagenknecht BSW
Sources in the 5-Star Movement's (M5S) delegation to the European Parliament, speaking to Euractiv, have denied recent reports that the party is in talks with Sahra Wagenknecht's BSW to form a new parliamentary group. The speculation was reignited by Sahra Wagenknecht's attendance at the M5S (The…
Published: 2024-11-26 06:01:53
Citigroup slashes promotions as it seeks to overhaul bank, FT reports
Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term restructuring to shrink headcount, the Financial Times reported on Tuesday.
Published: 2024-11-26 06:01:37
Plans revealed for future of Michigan’s tallest building, the GM Ren Cen
If you purchase a product or register for an account through a link on our site, we may receive compensation. By using this site, you consent to our User Agreement and agree that your clicks, interactions, and personal information may be collected, recorded, and/or stored by us and social media…
Published: 2024-11-26 05:50:36
Italian FM says talks with Netanyahu key to Middle East peace despite ICC warrant
Tajani said he hoped the G7 would reach a unified decision on the arrest warrant.
Published: 2024-11-26 06:01:38
What Merkel revealed about her European legacy ahead of her memoir launch
Upfront interviews and extracts from the former chancellor’s memoir suggest that she is out to defend her controversial record
Published: 2024-11-26 05:50:19
Morning Bid: Trump's tariff post sends markets scrambling
A look at the day ahead in European and global markets from Kevin Buckland
Published: 2024-11-26 05:39:31
Japan's PM calls on businesses to back wage hikes
Japan's Prime Minister Shigeru Ishiba (pictured) called on businesses to cooperate in achieving significant wage growth during next year's labor-management talks. He emphasized the importance...
Published: 2024-11-26 05:39:53
Indonesia tells Apple $100 million investment isn't enough to lift iPhone 16 sale ban
Wants Cook to look under the couch again and find at least another $15 million Indonesia's Ministry of Industry has snubbed Apple's proposal to invest 1.6 trillion Rupiah ($100 million) in an iPhone accessory and component factory, saying it's not enough to justify lifting a ban on sales of the…
Published: 2024-11-26 05:39:35
Russia advances in Ukraine at fastest pace since start of war, analysts say
The Institute for the Study of War report and pro-Russian military bloggers say Russian troops are in Kurakhove, which represents a stepping stone towards the logistical hub of Pokrovsk in Donetsk.
Published: 2024-11-26 05:39:27
My Conversation with Russ Roberts on Vasily Grossman’s *Life and Fate*
Here is the audio, video, and transcript. Russ and I agreed to read the book in its entirety and then discuss it. Here is part of the episode summary: Russ and Tyler cover Grossman’s life and the historical context of Life and Fate, its themes of war, totalitarianism, freedom, and fate, the…
Published: 2024-11-26 05:39:37
Trump vows new Canada, Mexico, China tariffs that threaten global trade
Economists say that Donald Trump's overall tariff plans, likely his most consequential economic policy, would push US import duty rates back up to 1930s-era levels.
Published: 2024-11-26 05:18:31
Newsom spars with Trump over EV tax credits
While some leaders work to get on the good side of the incoming administration, California Gov. Gavin Newsom is happy to play the villain. Yesterday, he pledged to restore the state’s electric vehicle rebate program if the Trump administration kills the federal EV tax credit, reigniting a squabble…
Published: 2024-11-26 05:06:57
IBIT Options And Insatiable Corporate Demand: A Historic Squeeze Is Coming To Bitcoin
Published: 2024-11-26 08:44:20
NYT 'Connections' November 26: Hints and Answers for Game #534
Newsweek is back with more handy hints and useful tips to help you solve today's "Connections" word puzzle.
Published: 2024-11-26 05:06:39
'Wordle' Today #1,256 Answer, Hints, Clues for Tuesday, November 26 Game
Wordle is a fun but sometimes challenging daily word game that has players around the world hooked. It was first released in October 2021 by Josh Wardle, who had originally invented the game for his girlfriend to play. But once he decided to set it live, Wordle became an instant hit, going from a…
Published: 2024-11-26 05:07:08
SpaceX has a scrappy competitor
SpaceX is no longer the sole option for cheaply sending cargo into space on reusable rockets: In a historic first, upstart rival Rocket Lab launched two rockets into orbit within 24 hours from two different hemispheres this weekend. Rocket Lab’s stock—up 335% since the start of the year—rose…
Published: 2024-11-26 05:07:08
The Fed Has Cut Rates Twice. Its Minutes Could Show If a Pause Is Ahead
Published: 2024-11-26 05:06:43
Macy’s says one employee hid up to $154 million
Whatever work mistake you’ve recently made, remind your boss that it could’ve been worse. Macy’s was forced to delay reporting its full third-quarter earnings today after discovering that one worker covered up $132 million to $154 million in delivery expenses over three years, the department store…
Published: 2024-11-26 05:06:51
Greens split on new Commission vote, ‘small majority’ to back it
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Published: 2024-11-26 06:24:02
Draghi report, competitiveness and EU corporate reporting requirements facing backlash
The concerns echo key findings of the Draghi report, which highlighted the EU's struggles with productivity and global competition.
Published: 2024-11-26 05:07:33
China’s Police Are Preying on Small Firms in Search of Cash
With localities facing budget holes, the police are crossing provincial borders to collect fines and draining company treasuries. Businesses call it a shakedown.
Published: 2024-11-26 05:07:05
Margrethe Vestager, the World’s Top Tech Cop, Is Making Her Exit
Margrethe Vestager, the European Union’s antitrust regulator, who put technology’s harms on the global agenda, reflected on a decade of taking on the biggest companies and what comes next.
Published: 2024-11-26 05:07:05
How UniCredit went from foreign predator to domestic consolidator
Two months ago Andrea Orcel swooped on Germany’s Commerzbank. Now the dealmaker is bidding for Banco BPM
Published: 2024-11-26 05:18:01
Apple faces ‘difficult’ process to launch its own AI in China
Official at top tech regulator says path to approval easier if iPhone maker finds local partners
Published: 2024-11-26 05:18:06
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