Latest in U.s Companies Cut
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Shutterstock and Getty Images will join to become a $3.7B visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content companyABC News - 3d -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - 3d -
Pentagon Labels More Chinese Companies as Military in Nature
Tencent was added to the Defense Department’s list of “Chinese military companies,” contributing to a selloff in U.S.-listed shares of the WeChat owner.The Wall Street Journal - 4d -
U.S. Adds Tencent to Chinese Military Companies Blacklist
Tencent’s shares plunged nearly 10 percent after it was designated a military company. The Chinese battery manufacturer CATL was also added to the list.The New York Times - 4d -
US adds Tencent and CATL to blacklist of companies working with China’s military
Shares of WeChat owner and EV battery maker fall after defence department discloses designationFinancial Times - 4d -
Tencent shares fall 8% in Hong Kong after U.S. designates it a Chinese military company
Other Chinese companies added to the list included battery maker CATL, which is part of the supply chain for automakers like Ford and Tesla.CNBC - 4d -
Nigeria’s Seplat moves in to fill gap as foreign oil companies retreat
Buyer of ExxonMobil’s assets in the west African country wants to double production within six monthsFinancial Times - 4d -
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S.NBC News - 4d -
Is it legal for a credit card company to sell your delinquent debt?
There are a few routes your credit card company can take when you're late on payments — including selling the debt.CBS News - 4d -
UK high-speed rail line told to cut charges
Regulator rules fees should come down by 3.8% compared with HS1’s proposalFinancial Times - 4d -
France signals fewer spending cuts and tax rises ahead of budget talks
Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025Financial Times - 4d -
‘Financial suffocation’: Argentina’s medics fear impact of Milei’s chainsaw cuts
Workers at main paediatric hospital say quality of care is threatened by president’s economic policy. The Garrahan paediatric hospital in Buenos Aires swarms with patients, parents and medical ...The Guardian - 5d -
Chinese robot vacuum cleaner company reveals model with an AI-powered arm
Chinese robot vacuum cleaner company Roborock says its new model has an artificial intelligence-powered folding arm for removing socks and other obstacles.CNBC - 5d -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - 5d -
ECB has been too slow to cut rates, Eurozone economists warn
Almost half of analysts polled by the FT accuse rate-setters of being ‘behind the curve’Financial Times - 6d -
ATF chief warns that agency cuts could result in dire consequences
Congressional Republicans proposed $188 million in cutbacks to the agency this year, alleging the ATF overreaches and places too many restrictions, including on pistol braces.CBS News - 6d -
Sharks' Macklin Celebrini Joins Elite Company With 28th Point Of Season
San Jose Sharks rookie Macklin Celebrini scored a goal against the New Jersey Devils for his 28th point of the season.Yahoo Sports - 6d -
Scam Recruiters Are Hiring for Your Company. Here’s How to Fight Back
Employers are collateral damage in a common hiring scam. These scammers can harm prospective hires and damage your company reputation.Inc. - Jan. 4 -
Streeting to unveil extra funding for English hospitals that cut waiting times fastest
Health secretary’s move intended to push NHS leaders to achieve government’s 18-week non-urgent treatment ‘milestone’Financial Times - Jan. 4 -
The Surgeon General Wants Alcohol Companies to Add a Warning about Cancer Risk
Congress is unlikely to approve new labeling on alcohol anytime soon, but studies linking consumption with cancer put liquor companies in a tough spot.Inc. - Jan. 3 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
How to Build a Company Culture Employees Will Love
Inc. 5000 founders share hard-won lessons on fostering genuine connection and building a culture every employee will embrace.Inc. - Jan. 3 -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - Jan. 3 -
Hindenburg Research shorts Carvana, calling company's turnaround a 'mirage'
The report centers on Carvana's practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his father, Ernest Garcia II.CNBC - Jan. 3 -
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Slovakia threatens to cut benefit for Ukrainians
A dispute between Slovakia and Ukraine over Russian natural gas transit has been escalating.BBC News - Jan. 2 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
Tesla shares fall as company reports first decline in annual deliveries
Reduced European subsidies, a US shift to lower-priced hybrids and Chinese competition have squeezed EV maker. Tesla reported its first decline in annual deliveries on Thursday, as the automaker ...The Guardian - Jan. 2 -
Hi-Fi Rush Studio Officially Reborn At PUBG Company
Tango Gameworks is dead; long live Tango Gameworks Inc. That's the new "reborn" name of the Hi-Fi Rush studio, which is now officially a part of PUBG publisher Krafton Inc. Tango began last year ...GameSpot - Jan. 2 -
Nominate a company for CNBC's 2025 Disruptor 50 list
CNBC is now accepting nominations for the 2025 Disruptor 50 list — our annual look at the most innovative venture-backed companies.CNBC - Jan. 2 -
U.S. Companies Vouched for China During Trump's First Term. Not Anymore.
American companies have largely gone silent about the importance of the U.S.-China relationship—they no longer see China as the land of opportunity.The Wall Street Journal - Jan. 2 -
Lions cut Jamal Adams from practice squad
The Lions are in desperate need of warm bodies on defense right now, but veteran safety Jamal Adams couldn't stick in Detroit.Yahoo Sports - Jan. 1 -
Here are 9 states cutting their individual income taxes on Jan. 1
Some states are ushering in lower income tax rates in January, part of a recent push to cut taxes for their residents.CBS News - Jan. 1 -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - Jan. 1 -
Business trends, risks and companies to watch in 2025
Will private credit reap benefits from deregulation, can the tech bubble keep inflating and will EV sales start to rise again?Financial Times - Jan. 1