Business
Gold little changed after US Fed holds rates steady
GOLD prices were flat in early Asian hours on Thursday (Jan 30) after the Federal Reserve’s decision to hold interest rates steady offered…
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Business
Business
Spouse wanting to take "life-changing" gift behind wife's back splits views
A spouse's dilemma on whether to secretly pay off the couple's mortgage with a gift from a wealthy relative has provoked a flurry of…
Business
HSBC plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a…
Business
Levi’s bleak 2025 profit forecast after strong holiday quarter hits shares
LEVI Strauss forecast annual profit well below analysts’ estimates, taking a cautious stance despite a strong holiday quarter and sending…
Business
Nissan plans job, output cuts at Mississippi, Tennessee plants
NISSAN Motor is eliminating a work shift at two US vehicle assembly plants and trimming its hourly staff via buyouts, a downsizing to…
Business
Microsoft shares slide as cloud forecast, AI spending disappoint
MICROSOFT on Wednesday (Jan 29) forecast disappointing growth in its cloud computing business, sending its shares down more than 5 per…
Business
Las Vegas Sands misses profit estimates on weakness in Macao business
CASINO operator Las Vegas Sands missed analysts’ estimates for fourth-quarter profit on Wednesday (Jan 29), hurt by tepid performance of…
Business
Las Vegas Sands misses profit estimates on weakness in Macau business
CASINO operator Las Vegas Sands missed analysts’ estimates for fourth-quarter profit on Wednesday (Jan 29), hurt by tepid performance of…
Business
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday (Jan 29), driven by robust demand in its software unit as businesses ramped up…
Business
Phillies Lose All-Star Reliever in Free Agency: Reports
Share ✓ Link copied to clipboard! The Philadelphia Phillies' bullpen has already changed a fair amount this offseason. Wednesday, the…
Business
ECB to cut interest rates, keep door open to further easing
THE European Central Bank (ECB) is all but certain to cut interest rates on Thursday (Jan 30) and is likely to keep open the door to…
Business
ACLU calls on Brown University to reinstate Pro-Palestine student group
A Palestinian flag is seen on a bicycle outside Sayles Hall at Brown University on April 30, 2024. (Photo by Alexander Castro/Rhode Island…
Business
TikTok bidders to offer ‘significantly’ more than US$20 billion
A GROUP of American investors vying to buy TikTok with support from top YouTuber MrBeast has secured more than US$20 billion for their…
Business
Tesla commits to cheaper cars in first half, but results miss targets
TESLA said it was on track to roll out new, cheaper electric vehicle (EV) models in the first half of 2025, as its quarterly profit and…
Business
Meta warns first-quarter revenue will miss Wall Street expectations
META Platforms fourth-quarter revenue beat Wall Street expectations on Wednesday (Jan 29) but the company predicted sales in the current…
Business
Wolfspeed beats Q2 revenue as business transition takes hold
CHIPMAKER Wolfspeed topped Wall Street estimates for second-quarter revenue and reported a smaller-than-expected net loss on Wednesday…
Business
US: Stocks retreat as Fed holds steady on interest rates
WALL Street stocks finished lower ahead of a deluge of earnings from tech heavyweights as markets digested a Federal Reserve decision to…
Business
Europe: Tech stocks lift Stoxx 600 to record high; US Fed in focus
EUROPEAN shares closed at a record high on Wednesday (Jan 29), boosted by technology stocks following strong results from chip equipment…
Business
Tesla’s Profit Fell Sharply Last Year
Tesla on Wednesday reported a sharp drop in profit for 2024 as rivals in China, Europe and the United States chipped away at its lead in…
Business
MTV star reportedly placed in conservatorship after suffering massive strok
Entertainment gossip and news from Newsweek's network of contributors Matt Pinfield, formerly the host and VJ of MTV's 120 Minutes, has…
Business
After DeepSeek, Venture Capital Investors Face Questions About Their A.I. Bets
Jordan Jacobs, an investor at the venture capital firm Radical Ventures, has spent the last few days fielding half a dozen calls from his…
Business
Crypto exchange Binance faces money laundering probe in France
French authorities have initiated a judicial investigation into cryptocurrency exchange Binance over allegations of money laundering and…
Business
Higher Interest Rates Make Federal Debt More Expensive
The path of interest rates over the next year doesn’t just affect the cost of mortgages and car loans. It also makes it more expensive for…
Business
Who Is the Founder of the A.I. Start-Up DeepSeek?
In technology, many entrepreneurs get only one defining act. Liang Wenfeng, the founder of DeepSeek, is already on his second. The…