Business
StarHub H2 net profit up 7.5% at S$78.4 million
STARHUB on Friday (Feb 21) posted a net profit of S$78.4 million for the second half of its financial year ended December, up 7.5 per cent…
Swedan Margen
Swedan Margen contributes to L'Officiel Lifestyle with a focus on business and entrepreneurship.
Swedan covers business developments, emerging companies, entrepreneurial stories, and trends influencing industries and the broader economy.
The goal is to bring readers accessible coverage of business stories while highlighting developments, ideas, and opportunities shaping the marketplace.
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Business
Seatrium back in the black with S$120.9 million H2 profit, proposes S$0.015 dividend per share
The offshore and marine specialist achieves its first full-year profit since 2017 SEATRIUM swung into the black with a net profit of…
Business
Spirit Airlines to exit bankruptcy under go-private deal
SPIRIT Airlines won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover offer from rival…
Politics
Senate ready to stay up all night to pass GOP budget over objections from Democrats
Senators are ready to stay up all night, launching a budget "vote-a-rama" late Thursday in a crucial, if dreaded, step toward unleashing a…
Politics
Musk wields symbolic chainsaw at CPAC in celebration of his federal role: 'This is awesome'
In his first appearance at the Conservative Political Action Conference, Elon Musk waved a DOGE-themed chainsaw above his head and gushed…
Politics
McConnell Pledges to Spend Remaining Years in Senate Attending to ‘Unfinished Business’
Republicans expect a competitive GOP primary race to fill his seat in 2026. Source link
Politics
Judge won't immediately block Trump administration's abrupt halt to Catholic refugee funding
A federal judge on Thursday refused to immediately block the Trump administration's abrupt halt to funding of the nation's largest private…
Business
Rivian records first gross profit as EV policy risks loom
RIVIAN Automotive recorded its first-ever quarterly gross profit to close out 2024, achieving a long-held goal even as it warned that…
Politics
Vance emerges as an early favorite at CPAC to carry the MAGA flag into 2028
If anything has dulled the GOP's elation over the start of President Trump's second term, it is that, barring a political meteor, this…
Politics
Trump conquers CPAC 10 years after hostility
Like so much of the rest of the political right -- from Reaganism to the tea party movement -- Donald Trump has conquered CPAC, bringing…
Politics
House GOP details plans to repeal Biden regulations under Congressional Review Act
House Republicans are targeting eight of the Biden administration's energy-related rules and two of its online financial transaction…
Business
Birkenstock slumps as unchanged outlook overshadows sales boost
BIRKENSTOCK Holding shares fell after the German shoe company opted to keep its outlook unchanged, even as sales of its high-end sandals…
News
Dr. Mehmet Oz holds millions from companies that he'd wield power over if confirmed, report shows
The wealth of Dr. Mehmet Oz, the celebrity heart surgeon nominated by President Donald Trump to lead the Centers for Medicare and Medicaid…
Politics
Why a full federal takeover of D.C. would require an act of Congress
The moment that local officials in Washington have been dreading for months is finally here. President Donald Trump, one month into his…
Politics
The Democrats Double Down on Bidenism
A memo from the DNC chairman makes clear there will be no course correction. Source link
Politics
D.C. mayor counters Trump's talk of federal takeover as political gamesmanship
D.C. Mayor Muriel Bowser on Thursday said she took seriously President Trump's call for a federal takeover of the District, but she also…
Politics
Senate confirms Kash Patel as FBI director
The Senate on Thursday confirmed Kash Patel as FBI director, handing President Trump's outspoken nominee a green light to overhaul the…
Politics
Unions sue over federal worker firings, alleging Trump administration misused probationary periods
Unions for federal workers have filed a lawsuit to block the mass firings of probationary federal employees by President Donald Trump's…
Politics
McConnell won't seek reelection, plans to retire after finishing term
Sen. Mitch McConnell, the former Senate GOP leader, announced Thursday that he won't seek reelection in 2026 and will retire after…
Business
Far East Hospitality Trust expands mandate to global investments, adjacent lodging asset classes
FAR East Hospitality Trust (FEHT) will have an expanded mandate to invest in new geographical markets and asset classes, effective 30 days…
Business
Far East Hospitality Trust to acquire Sheraton hotel in Japan for 6 billion yen
FAR East Hospitality Trust (FEHT) will make its first Japanese hotel acquisition after expanding its investment mandate to global markets…
Business
Ant Group’s profit rises with Jack Ma back in the public eye
ANT Group’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the Chinese fintech…
Business
Alibaba revenue beats estimates as signs of a comeback mount
ALIBABA Group Holding posted its fastest pace of revenue growth in more than a year, reflecting a turnaround in its commerce business and…
News
Tale of Two Weegees at the International Center of Photography
Gotham-mayhem pics still jolt while Hollywood-glam pics merely amuse. Source link