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UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - 23 hours ago -
3 gold investing mistakes beginners should avoid this November
Considering a gold investment now amid the record price surge? Here are three timely (but costly) mistakes to avoid.Top stories - CBS News - 22 hours ago -
DoorDash keeps investing in expansion, as more consumers use platform in third quarter
DoorDash Inc. on Wednesday reported third-quarter results and a fourth-quarter demand outlook that topped expectations, as the company continues to invest in expansion and improving service.Business - MarketWatch - 17 hours ago -
Microsoft CFO says OpenAI investment will cut into profit this quarter
Microsoft has invested over $13 billion in OpenAI, a bet that's weighing on the company's profitability.Business - CNBC - 15 hours ago -
Morgan Stanley is launching an investing index tied to sports leagues
Sports have proven to be an attractive and growing asset class as valuations have skyrocketed over the past decade.Business - CNBC - 2 hours ago -
John McQuown, Who Pioneered Index Funds and Transformed Investing, Dies at 90
The Illinois native jumped from family farm to mechanical engineering and then led a ‘Manhattan Project’ of finance.World - The Wall Street Journal - 3 hours ago -
UK Prime Minister Keir Starmer vows to slash regulatory red tape in bid to boost investment
U.K. Prime Minister Keir Starmer on Monday vowed to slash regulatory red tape to boost anaemic investment in the country.Business - CNBC - October 14 -
U.S. Tech Firms to Invest More Than $8 Billion in U.K. Data Centers Amid AI Frenzy
Surging AI demand has led to a combined investment of $8.23 billion in U.K. data centers from four American tech companies.Tech - The Wall Street Journal - October 14 -
UN asks Asia-Pacific countries to invest more in preventing damage from disasters
A U.N. official says disasters, including those wrought by fiercer storms, are threatening more people and could derail economic progress in the Asia Pacific region if governments would not invest ...World - ABC News - October 15 -
Mexico says foreign firms have pledged $20 billion in investments, but many are old or uncertain
Mexican officials say companies have pledged $20 billion in new foreign direct investment in MexicoTech - ABC News - October 15 -
Alibaba, Baidu Invest in Chinese Smart-Driving Tech Company's Near $700 Million IPO
Alibaba and search-engine giant Baidu are investing in a nearly $700 million equity offering by Horizon Robotics.Tech - The Wall Street Journal - October 15 -
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.Business - CNBC - October 16 -
Amazon goes nuclear, to invest more than $500 million to develop small modular reactors
Amazon is the latest large tech company to buy into nuclear power to fuel the growing demands from data centers.Business - CNBC - October 16 -
Amazon, Google make dueling nuclear investments to power data centers with clean energy
Tech giants Amazon and Google are investing in the next generation of nuclear reactorsTech - ABC News - October 16 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
The deal is centered on the development, construction and operation of a lithium carbonite mining operation called Thacker Pass in Humboldt County, Nevada.Business - CNBC - October 16 -
Amazon goes nuclear, plans to invest more than $500 million to develop small modular reactors
Amazon Web Services is investing over $500 million in nuclear power, announcing three projects from Virginia to Washington State.Top stories - NBC News - October 16 -
This Startup is Investing $1 Billion to Build Lighter Lithium Sulfur Batteries in Nevada Gigafactory
Battery breakthroughs can change whole industries. Lyten has plans for a giant factory that could change how we power space tech, drones, and small EVs.Business - Inc. - October 16 -
Lions sign DT Alim McNeill to $97 million, 4-year deal in franchise's latest investment
The Detroit Lions have decided to make defensive tackle Alim McNeill their latest investment, retaining a key player with a long-term dealSports - ABC News - October 16 -
GM to invest $625 million in joint venture to mine EV battery raw materials in U.S.
DETROIT — General Motors has agreed to establish a joint venture with Lithium Americas Corp.Top stories - NBC News - October 16 -
We're bending our investment rules and starting positions in 2 of our Bullpen stocks
Financial and cybersecurity companies are getting the call up.Business - CNBC - October 16 -
Meme coins could be among the biggest moneymakers in crypto next year. What to know before investing.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.Business - MarketWatch - October 16 -
Alibaba's Southeast Asia Unit Lazada Pushes AI Investment to Regain Market Share
Lazada is accelerating investments in generative artificial intelligence to regain its standing in a fiercely competitive market with limited opportunities for margin expansion.Business - The Wall Street Journal - October 17