Oci Global to Sell Methanol Business for 205 Billion
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A global bond sell-off is deepening as investors pare Fed rate-cut expectations
A sell-off in global bond markets is accelerating, fueling concerns over government finances and raising the specter of higher borrowing costs.CNBC - 15h -
Mapping Elon Musk’s Global Empire
From tunnels to Tesla factories to SpaceX launch facilities, there’s barely a place on Earth that doesn’t feel the gravitational pull of humanity’s wealthiest reply guy.Wired - 1d -
Chronic Pain Afflicts Billions of People. It’s Time for a Revolution.
As many as two billion people suffer from it — including me. Can science finally bring us relief?The New York Times - 2d -
How Skechers’ Business Model Built the Third-Best Selling Footwear Brand After Adidas and Nike
The L.A.-area company is on track to increase sales to $10 billion by 2026, using a product and marketing strategy focusing on consumers its giant rivals overlook.Inc. - 1d -
Eric Morecambe's trademark glasses sell for £20,000
Other items which went under the hammer includes Charlie his ventriloquist dummy, selling for £6,200.BBC News - 2d -
Trump’s return raises prospect of global tax war
Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffsFinancial Times - 3d -
Iran Races to Sell Oil Stored in China
Tehran has shipped out nearly 3 million barrels to raise money that could be used to shore up its allied militias in the Middle East.The Wall Street Journal - 3d -
The relationship recession is going global
A rise in the number of single people is becoming a key driver of falling birth ratesFinancial Times - 4d -
Global 2025 Growth Forecast at Modest 2.8 Percent
An annual United Nations report said the economic year ahead will feature stable, but subpar expansion.Inc. - 4d -
Gilts take the global strain
As yields rise around the globe, UK government bonds have been put in a difficult placeFinancial Times - 4d -
DOJ Sues to Block Global Business Travel Group's $570 Million Deal for CWT Holdings
Global business Travel Group — also known as Amex GBT — was trying to avoid a future business loss to CWT by buying the company, the DOJ alleges.The Wall Street Journal - 4d -
Global Warming Is Wreaking Havoc on the Planet’s Water Cycle
In 2024, natural disasters related to variations in the water cycle caused more than 8,700 deaths and at least $550 billion of economic loss.Wired - 4d -
Vodafone Sells Remaining 3% Share in Indus Towers
The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.The Wall Street Journal - 4d -
Elon Musk’s Quest for Domination Has Gone Global
Having established power over Republican politics in the US, the industrialist is now intervening in European politics—and is himself becoming a leader of the international far right.Wired - 5d -
The sterling sell-off will continue until morale improves
Ground poundFinancial Times - 5d -
Tietoevry: A Nordic Vision for Global AI Innovation - reshaping businesses and societies
Tietoevry has played a leading role in many technology evolution cycles that have enhanced quality of life and the societies we live in. The era of AI will once again offer new opportunities for ...CBS News - 5d -
'Trump 2.0' looms large over the global economy
Donald Trump's planned tariffs are expected to greatly impact international trade in 2025.BBC News - 6d -
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 6d -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - 6d -
Business Leaders Are Zeroing in on Culture in 2025
In a recent Inc. poll, leaders chimed in about their workplace priorities for the year – and company culture is taking the cake.Inc. - 6d -
Evening Report — Trump vows to reshape global order
👨🏼⚖️Plus: Trump praises one judge, blasts another {beacon} Evening Report © AP Trump promises a global shakeup PRESIDENT-ELECT TRUMP on Tuesday vowed to upend the global order, promising big ...The Hill - Jan. 7 -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - Jan. 6 -
Europe is not a business backwater
Comparisons with the US stock market undersell the continent’s companies and their potentialFinancial Times - Jan. 5 -
39-year-old's cannabis business brings in $800,000 a month—16 years after he went to prison for selling drugs
In 2023, Coss Marte opened the first adult-use cannabis dispensary on Manhattan's Lower East Side — the same neighborhood where he once sold drugs illegally.CNBC - Jan. 4 -
South Korea’s construction deals surpass $1trn globally
Yahoo News - Jan. 3 -
Meta Taps Republican as New Head of Global Policy
Joel Kaplan is replacing former U.K. Deputy Prime Minister Nick Clegg as Silicon Valley prepares for the second Trump administration.The Wall Street Journal - Jan. 2 -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - Jan. 2 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
Undersea sabotage response is a dangerous business
Holding shady sailors to account would be a lot less perilous than risking war with a powerful nationFinancial Times - Jan. 2 -
Can France become a global AI powerhouse?
Momentum has been slowing but the country boasts enviable technical skills and a burgeoning entrepreneurial cultureFinancial Times - Jan. 2 -
Can Labour sell a softer prisons policy?
The sweeping, costly reforms needed to relieve overcrowded jails will test Labour’s resolve in persuading the publicFinancial Times - Jan. 2 -
Alibaba to Sell Stake in Chinese Hypermarket Operator
Alibaba Group has agreed to sell its shares in Sun Art Retail in a $1.7 billion deal, the latest divestment as part of efforts to focus on its core e-commerce business.The Wall Street Journal - Jan. 1 -
The UK office landlords selling yoga and pot plants as well as space
Fully managed offices show owners trying new ways to attract tenantsFinancial Times - Jan. 1 -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30