Business

Hong Kong Finance Chief Says More Central Asian State Firms Plan Listings

Hong Kong Financial Secretary Paul Chan says more Central Asian state firms plan to list in the city as it expands Belt and Road market support.

OpenAI Ad Business Hits $1 Billion Annualized Revenue Run Rate

OpenAI's advertising business has reached a $1 billion annualized revenue run rate as it rolls out ad tools on ChatGPT for businesses worldwide.

10-Year Treasury Yield Breaks Out, Rattling Stocks and Testing Bessent

The 10-year Treasury yield has broken higher, pressuring stocks and raising the prospect of 5% as government borrowing and inflation weigh on markets.

Trump’s MAGA Inc. Spends $10 Million on Texas Senate Ad Blitz

MAGA, Inc. reported spending $10 million on ads in the Texas Senate race, its first major midterm outlay, pitting Ken Paxton against James Talarico.

Trump Presses Apple to Rename Lake Ontario ‘Lake America’ on Maps

U.S. Interior Secretary says Apple may change 'Lake Ontario' to 'Lake America' on its maps after Trump talk, following Google's switch for U.S. users.

Michael Jordan and Kobe Bryant Rookie Jerseys to Fetch $20 Million at Auction

Sotheby’s is set to auction rare memorabilia from two of the NBA’s greatest players, Michael Jordan and Kobe Bryant, with their rookie jerseys expected...

Macy’s Mixed Results: Turnaround Efforts Show Signs of Progress

Macy's reported mixed results for the latest quarter, as investors remain cautious about the effectiveness of CEO Tony Spring's turnaround efforts, which are being...

WTA and Saudi Investment Fund Launch Maternity Benefits Program for Tennis Players

Big changes are on the horizon for women’s tennis with the launch of a new initiative aimed at providing maternity and family planning benefits...

Costco Reports Earnings Miss but Revenue Beat in Q2 with Strong Sales Growth

Costco reported its second-quarter earnings on Thursday, missing earnings expectations but surpassing revenue estimates. Despite a slight decline of over 1% in its stock...

Gap Posts Strong Results in Fourth Quarter with Surprising Growth

Gap exceeded expectations in its fiscal fourth quarter, marking another strong performance under CEO Richard Dickson, driving a 17% increase in its share price....

Walgreens to Go Private in $10 Billion Deal with Sycamore Partners

Struggling drugstore chain Walgreens has reached a deal to go private, with private equity firm Sycamore Partners agreeing to acquire the company for an...

FAA Halts Florida Flights After SpaceX Starship Test Failure

On Thursday night, the Federal Aviation Administration (FAA) temporarily halted flights to several Florida airports following a SpaceX Starship testing failure. This marks the...

How Sonic the Hedgehog’s Redesign Saved a Billion-Dollar Franchise

Sonic the Hedgehog’s film franchise faced a major crisis in 2019 when Paramount released an early trailer that was met with overwhelming backlash. Fans...

ECL’s Hydrogen-Powered Data Centers Aim to Revolutionize AI Infrastructure

Yuval Bachar, a data center expert with experience at Meta, Microsoft, and Cisco, is now tackling the challenge of reducing carbon emissions in Silicon...

SEC Closes Investigation Into Robinhood’s Crypto Operations

Robinhood announced that the U.S. Securities and Exchange Commission (SEC) has officially closed its investigation into the company's crypto operations, with no intention of...

PayPal Unveils PayPal Open to Revolutionize Business Payments

Frank Keller, executive vice president of PayPal’s enterprise merchant group, is spearheading a transformative moment for the company with the launch of PayPal Open....

Bybit Restores Reserves After Historic $1.5 Billion Crypto Hack

Bybit has swiftly replenished its reserves after suffering a $1.5 billion hack, marking the largest security breach in the history of the cryptocurrency industry....

How AI Is Revolutionizing Mineral Discovery for Clean Energy

With the rapid expansion of the clean energy economy, the search for critical minerals and metals is becoming increasingly vital. These resources are essential...

Bybit Suffers $1.5 Billion Hack in Largest Crypto Heist Ever

Bybit, a leading cryptocurrency exchange, has fallen victim to a massive security breach, resulting in the theft of approximately $1.5 billion in digital assets....

- A word from our sponsors -

spot_img

Follow us

HomeBusiness