Business

A collection of 1072 posts

Business

White House moves reshape U.S. stock market at start of 2026

President Trump’s administration is having a big influence on the stock market at the start of 2026, driving large moves in specific sectors from oil to credit-card lenders and technology. The U.S. attack on Venezuela sent the value of some oil stocks surging, a social media post by

Business

TSMC posts record quarter, says AI demand is 'endless' and raises capex plans

TSMC reported record fourth-quarter results and told analysts that AI demand is "endless." The company posted net income of NT$505.7 billion (about $16 billion) for the quarter, up 35 percent year over year and above analyst expectations, and revenue of $33.7 billion, a 25.5

Business

Emma Cosgrove named Editorial Director of AI Innovation in newsroom reshuffle

Businessinsider: The newsroom said the following members have earned well-deserved promotions and announced a new class of January fellows working from the London and New York offices. Emma Cosgrove is the new Editorial Director of AI Innovation; she joined several months ago, has acted as a coach, trainer, editorial advisor,

Business

State Street to reengineer traditional assets with blockchain, not bitcoin

State Street, a $36 billion bank, is aiming to change legacy finance by using blockchain technology, CEO Ronald O’Hanley said. O’Hanley said the transformation isn’t about bitcoin, but about reengineering traditional assets for faster, modern rails. The remarks frame the effort as an infrastructure upgrade rather than

Business

Julian Gerighty leaves Ubisoft to join EA's Battlefield Studios

Pcgamer reports that Julian Gerighty, the executive producer of The Division series, announced he is leaving Ubisoft to take a position at EA's Battlefield Studios, posting on X that "The Division's future burns bright, and I can't wait for you to discover what

Business

Spotify raises prices for Premium, Student, Duo and Family plans

Spotify is increasing prices for several of its paid plans, the company said, affecting Premium, Student, Duo and Family subscriptions. In a message to subscribers earlier this week the music streamer said it was "updating the price of Spotify," and that Premium users would receive an email over

Business

UK demand for dog coats rises as cold, wet weather boosts sales

The market for dog clothing in the UK has surged this winter, with coats topping retailers' lists as increasingly cold and wet weather drives demand, industry figures say. Luxury pet shop Pawelier lists bestsellers including a £135 four-leg puffer coat with a fuzzy hood and toggle detailing and a

Business

Michael Saylor’s Strategy under strain as bitcoin bets falter

Michael Saylor’s company, Strategy (formerly MicroStrategy), has come under strain as its plan to convert the software firm into a Bitcoin-focused treasury faces losses and mounting financial obligations. Over the past six years Mr. Saylor used share issuances, borrowing and other financial tools to funnel much of the company’

Business

Couple saved $20,000 living in wife's parents' finished basement

Businessinsider reports that Caroline and Gabriel Navarrete, a newly married couple based in Maryland, have been living in Caroline's parents' finished basement and say the affordable rent helped them save $20,000 toward a home. The Navarretes moved into the basement after Caroline's parents bought

Business

Larry Fink named interim co-chair of World Economic Forum ahead of Davos

Larry Fink, the chairman and C.E.O. of BlackRock, has taken on the role of interim co-chair of the World Economic Forum’s board and is being described as a de facto mayor of Davos as the annual meeting in Davos, Switzerland, approaches. The change follows the resignation of

Business

Ted Sarandos defends Netflix’s $83 billion Warner Bros. deal, vows to keep theatrical releases

Ted Sarandos, Netflix’s co-chief executive, spoke at length for the first time since his company announced an $83 billion agreement to buy Warner Bros. Discovery’s movie and television business, saying the company would keep the studio running and continue releasing films in theaters. The interview was conducted in

Business

Amazon long-weekend deals: 15 writer-approved finds under $25

People reports a writer scoured Amazon’s sale section to round up long-weekend deals priced under $25, highlighting brands such as Ugg, Hanes and Owala. Standout finds include a Hanes EcoSmart fleece zip-up sweatshirt for $8 (orig. $14) — the item has landed in more than 1,000 Amazon carts this

Business

Goldman posts strong quarter as Solomon says dealmaking could top 2021

Businessinsider reports that Goldman Sachs posted strong fourth-quarter earnings as dealmaking surged, its stock is up more than 60% over the past year, and CEO David Solomon said dealmaking levels may soon rival — or exceed — the heyday of 2021. Goldman's rebound follows strategic shifts dating to a 2020

Business

Amazon sells cleaning essentials under $10, including Scrub Daddy and The Pink Stuff

People reports Amazon is offering a range of cleaning essentials priced under $10, including Scrub Daddy sponges, Stardrops The Pink Stuff cleaning paste and Dawn Powerwash spray. Prices start at $3; examples listed include Windex Glass and Window Cleaner, $3 (orig. $4); Scrub Daddy Sponge, $7; Dawn Powerwash Spray Dish

Business

Industrial demand could limit silver's rapid price rise, Saxo warns

Businessinsider reports that Saxo Bank says silver's rapid price rise may be capped as industrial users begin to cut usage or seek substitutes. The spot silver price hit a fresh record above $93 per troy ounce this week and is up nearly 26% in 2026 after about a

Business

Uber CEO visits Kaga as company expands rural ride‑hailing in Japan

Uber’s chief executive, Dara Khosrowshahi, visited Kaga, a small hot‑springs town in western Japan, and hailed a car outside the municipal offices as he said the company intends to grow “outside of the big cities” there. Japan has long restricted Uber’s app to hailing licensed taxis, and

Business

Ford suspends worker who heckled Trump during plant tour

Businessinsider reported that Ford suspended a worker after he heckled President Donald Trump during a walk-through of a pickup truck assembly plant. Reporters spoke to five legal and workplace experts, including four employment lawyers and an HR executive, who said private‑sector employees rarely have First Amendment protection at work.

Business

US and Taiwan agree to cut tariffs and secure at least $250bn in chip investment

The US said on Thursday that it had signed a deal with Taiwan to reduce tariffs on goods from the island while increasing Taiwanese semiconductor and tech companies’ investments in the United States. The commerce department said the agreement "will drive a massive reshoring of America’s semiconductor sector&

Business

Jamie Dimon says he called Warren Buffett after hiring Todd Combs

Businessinsider reports JPMorgan CEO Jamie Dimon said he phoned Warren Buffett after hiring Todd Combs, a longtime Berkshire lieutenant who left to join JPMorgan. Dimon said Combs will lead a new $10 billion group at the bank and serve as a special advisor to him. Combs had been at Berkshire

Business

Trump’s Venezuelan oil ambitions face steep economic and political hurdles

Donald Trump — described in the piece as "now self-anointed acting president of Venezuela, as well as the United States" — may be keen to appropriate Venezuela's oil, the article says, driven in part by hopes of cheaper fuel and quick cash. The write-up lists several possible motives:

Business

U.S. agrees tariff cut as Taiwan pledges $250 billion in U.S. chip investment

The United States announced a trade agreement with Taiwan that will lower U.S. tariffs on Taiwanese goods to 15 percent from 20 percent, while Taiwan has pledged $250 billion in semiconductor and technology manufacturing investment in the United States, the Commerce Department said. Taiwan’s government said it would

Business

Harold’s Chicken CEO Kristen Pierce-Sherrod dies, family says

People reports Kristen Pierce-Sherrod, CEO of Harold's Chicken and daughter of founder Harold Pierce, has died, her family announced in a since-deleted statement posted to Instagram on behalf of Harold's Chicken Corporate and the Chicago Children's Equestrian Center. "On behalf of Harold'

Business

Unstructured enterprise data is leaving AI without vital context

Businessinsider: Manish Sood, CEO and founder of Reltio, writes that roughly 80% of enterprise information — including emails, contracts, call transcripts, PDFs, and clinical notes — is unstructured and typically excluded from the data layers that feed AI. The article says models can read unstructured text but still need clean, connected, trusted

Business

Kathleen Kennedy steps down as Lucasfilm president; Filoni and Brennan succeed her

Disney said on Thursday that Kathleen Kennedy will step down as president of Lucasfilm after nearly 14 years and return to producing. She will be succeeded immediately by Dave Filoni, who will hold the title of president while remaining chief creative officer, and Lynwen Brennan, who will be co‑president.

Business

Leonard D. Jacoby, Founder of Low-Cost Legal Clinics, Dies at 83

Leonard D. Jacoby, who co-founded the law firm Jacoby & Meyers and helped bring low-cost legal services and advertising to everyday Americans, died on Monday in Manhattan. He was 83; his stepdaughter Lindsey Schank said the death, at a hospital, was from complications of cardiac arrest. Mr. Jacoby and Stephen