Business
Alphabet hits US$4 trillion valuation as AI refocus lifts sentiment
Alphabet briefly hit US$4 trillion in market valuation on Monday (Jan 12), as the Google parent’s sharpened artificial intelligence (AI)…
Archive
The Latest
Business
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Zuckerberg is going all in to build data centres for those projects, as well as the energy capacity to support them Meta has announced its…
Business
The Market Met Jerome Powell’s Warning With Deep Denial
Not all the markets were impervious to Powell’s harassment by DOJ goons. The dollar, which is down 8.3 percent over the past year—that is,…
Business
US urges partners and allies to increase critical minerals supply chain resiliency
US Treasury Secretary Scott Bessent held a meeting on Monday with ministers from different US partners and allies “to discuss solutions to…
Business
Citi to cut about 1,000 jobs this week
CITIGROUP is set to cut about 1,000 jobs this week as part of chief executive Jane Fraser’s march to keep a lid on costs and improve…
Business
Retailers Hit Holiday Expectations With a 4.1 Percent Sales Gain
Holiday 2025 sales rose 4.1 percent despite weaker consumer sentiment, producing a season that was ultimately in line with industry…
Business
Fitch Ratings says Fed independence is key factor for US sovereign rating
Fitch Ratings said on Monday it views the Federal Reserve’s independence as a key supporting factor for its AA+ US sovereign rating. The…
Business
Abercrombie & Fitch Shares Take a Hit Despite Positive Outlook
Fran Horowitz, the chief executive officer of Abercrombie & Fitch Co., received a warm reception from the crowd at the NRF Big Show on…
News
Karoline Leavitt Flips Out Over Anti-ICE Protests in Minneapolis
White House press secretary Karoline Leavitt can’t understand why the country is up in arms over the ICE-induced violence taking place in…
Business
Meta plans to cut 10% of jobs at company’s Reality Labs division
Meta Platforms plans to cut 10 per cent of jobs in the company’s Reality Labs division, part of a broader strategy to shift money away…
Business
European shares end choppy session at record high
EUROPEAN shares ended Monday’s session at a record high, although gains were small as the US government’s threat to indict Federal Reserve…
Business
US stocks: Wall Street indexes finish higher with tech, Walmart
The S&P 500 and Dow registered record closing highs on Monday, with shares of technology companies and retailer Walmart gaining and as…
Business
Specialty Retail Holiday Results Get Mixed Reaction on Wall Street
As the overall holiday picture crystalizes — with OK, but not outsized sales gains — more specialty retailers are weighing in with their…
Business
What Emotionally Mature Founders Do When Everything Feels Uncertain
There is a specific kind of uncertainty that only founders experience. Not the hypothetical kind, but the lived version where the runway…
News
Another Court Disqualifies Another Trump Prosecutor, Ending Another Retributive Probe of Letitia James | National Review
The president is only hurting himself. Source link
Fashion
Tessa Thompson’s Leather Floral Mules Are Fresh Off Balenciaga’s Spring 2026 Runway
Tessa Thompson was ready to party and slipped into Balenciaga mules for Netflix’s 2026 Golden Globe after party at Spago on Sunday in…
Business
QXO secures US$1.8 billion financing led by Temasek, Apollo amid building products consolidation
[GREENWICH, Connecticut] Billionaire Brad Jacobs’ QXO said it has secured an additional US$1.8 billion in financing, led by Singapore’s…
Business
Goldman, JPMorgan and UBS lead Golden Goose’s buyout debt
Temasek Holdings will take a minority stake in the Italian high-end sneaker producer Goldman Sachs, Group JPMorgan Chase and UBS Group are…
Business
Balaji Salem Balasundram Unlocks Enterprise Agility Through AI-Driven Cloud Mastery
"Generative AI is only meaningful for enterprises when it turns cloud infrastructure into a living system that learns from every incident…
Business
Wall Street falls at open on worries over Fed autonomy
Wall Street’s main indexes opened lower on Monday (Jan 12) after the Trump administration renewed its attacks on the Federal Reserve,…
Business
StanChart is preparing crypto expansion with prime brokerage
It will house the new business within its wholly owned venture capital unit, SC Ventures Standard Chartered plans to set up a prime…
Business
Volkswagen drops to third in China sales as fast-growing Geely Auto pips it
Legacy foreign carmakers such as Volkswagen have ceded share to Chinese rivals due to a slower shift to EVs Volkswagen was overtaken by…
News
Petronas seeks court clarity on Sarawak operations in gas licensing dispute
Malaysia’s state energy company Petroliam Nasional Berhad (Petronas) said on Monday (Jan 12) it has filed a motion at the country’s top…
Business
JPMorgan forecasts 2027 Fed hike; Barclays, Goldman postpone rate cut calls
Data suggests the labour market is holding, aiding belief that the Fed will leave borrowing costs unchanged at its January meeting…