Business

A collection of 1424 posts

Business

Netflix to pay crew bonuses for Affleck and Damon’s 'The Rip'

Netflix agreed to pay the entire production crew of Ben Affleck and Matt Damon’s new film, The Rip, a one-time bonus if the movie performs well on the service, the companies said. The film is set to debut on Netflix next Friday. Under the Artists Equity contract, all 1,

Business

Bill Gates Donates $7.9 Billion to Melinda French Gates's Foundation

Bill Gates donated nearly $8 billion to the private foundation of his ex-wife, Melinda French Gates, according to a tax filing reviewed by The Times’s Theodore Schleifer. The filing shows a $7.88 billion payment in 2024 to Pivotal Philanthropies Foundation as part of the couple’s divorce settlement.

Business

China Holds Economic Foothold in Latin America as Trump Targets Venezuela

China has built a dominant strategic position in Latin America as the region’s leading lender and trading partner, and it is watching President Trump’s power grab in Venezuela and his broader push against Chinese influence closely. Chinese trade with the region grew to more than $500 billion in

Business

Gen Z investors move from meme-stock trading to index funds and retirement accounts

Many Generation Z investors who jumped into the markets during the pandemic-era meme stock craze have shifted toward traditional, long-term strategies such as index funds and retirement accounts. The change is reflected in individual stories like that of Mamadou-Hady Sow, who opened a brokerage at 18, bought cryptocurrency and stocks

Business

Reformation CEO says all products are now recyclable as brand plans expansion

Hali Borenstein, chief executive of fashion brand Reformation, told Time that the company is ahead of schedule on its 2030 circularity commitment and that 100% of its products are now recyclable. Borenstein said the company pairs product and brand strength with a fast, geographically diverse supply chain—more than half

Business

Former H-E-B Supervisor Joined Suit and Became Financial Adviser After 401(k) Concerns

Eryn Schultz, a former H-E-B supervisor in Texas, joined a class-action lawsuit over the grocer’s 401(k) plan and has since left retail to work full time as a professional financial adviser. While at H-E-B she helped coworkers understand the company 401(k) and, after earning an M.B.

Business

After three strong years, U.S. stocks face momentum and mounting risks into 2026

The U.S. stock market delivered an "eye‑popping" performance in 2025 — the third consecutive year of double‑digit gains — boosting the wealth of broadly held stock portfolios, the New York Times columnist Jeff Sommer writes. Sommer cites concrete returns: an S&P 500 index fund such

Business

Experts’ practical tips to keep New Year’s financial resolutions

Financial and behavior experts offered a range of suggestions to help people make and keep New Year’s financial resolutions, including paring the list of goals, making saving automatic and avoiding spending temptations such as marketing emails. Many Americans said they have a financial resolution for 2026, according to a

Business

US December nonfarm payrolls forecast +60,000 could reshape Fed rate-cut bets

Beincrypto reports economists expect US Nonfarm Payrolls to rise by 60,000 in December, after a 64,000 increase in November, ahead of the Bureau of Labor Statistics release on Friday at 13:30 GMT. The employment report is likely to bring heightened volatility to the US dollar as markets

Business

Glencore and Rio Tinto Resume Talks on Potential Merger

Glencore and Rio Tinto said on Friday that they had revived talks about a possible merger, saying separately that they were weighing a potential transaction that could include an all‑stock combination; both companies are listed on the London Stock Exchange. The companies said the most likely outcome would see

Business

Volkswagen U.S. sales fall 20% as tariffs and end of EV incentives bite

Volkswagen’s sales in the United States fell 20 percent in the last three months of 2025, the German automaker said, a decline the company and analysts attributed to tariffs, trade conflict and the withdrawal of tax credits and other incentives for electric vehicles. Industry observers say Volkswagen’s experience

Business

Telco Services Australia reported no taxable income for two years despite Centrelink contract

An outsource call-centre operator for Centrelink, Perth-headquartered Telco Services Australia, generated more than $185m in revenue in 2024–25 yet reported no taxable income, new financial documents show. The company also reported $130m in income the year before and paid no corporate tax during that year, a reporting period that

Business

Oil executives voice reservations about Trump’s $100 billion Venezuela plan

President Trump convened oil industry leaders at the White House to discuss taking charge of Venezuela’s oil industry, but several executives signalled deep reservations. At the highly staged meeting, Exxon Mobil chief Darren Woods said his company had its assets seized in Venezuela twice and called re-entering the country

Business

Investors warned over AI bubble risks to pensions, ISAs and wider markets

The new year has started as 2025 ended with share prices booming amid warnings that rapid gains in technology stocks may reflect an "AI bubble", voices including the governor of the Bank of England and the head of Alphabet have said. Analysts say bubbles are hard to predict:

Business

Brighty co-founder says startup has brokered 100+ apartment deals for HNWIs in Europe

Brighty co-founder Nikolay Denisenko said his startup has brokered over 100 deals for HNWIs to buy apartments in Europe. Denisenko is a former lead backend engineer at Revolut. The comment attributes the figure and the transactions to Denisenko in his role at Brighty. Key Topics Business, Brighty, Nikolay Denisenko, Revolut,

Business

When managers shirk sick-leave duties and middle managers bear the strain

A New York Times workplace column addressed two common office problems: a retail employee whose manager pressures staff to find their own sick‑day coverage, and a middle manager stuck between unhappy local workers and out‑of-touch corporate directives. In the retail case, the columnist noted that the employer’s

Business

Nicolai Tangen raised profile of Norway’s $2.1 trillion fund with podcast

Nicolai Tangen, chief executive of Norges Bank Investment Management, has raised the public profile of Norway’s $2.1 trillion sovereign wealth fund through media appearances and a weekly podcast that has made him widely known. Mr. Tangen began the more public approach after becoming chief executive in 2020 and

Business

Heated Rivalry’s quick rise surprises TV executives

The first season of Heated Rivalry, a Canadian series streaming on HBO Max, has continued to build momentum since it ended two weeks ago, drawing dozens of mostly young fans to the marquee of The Tonight Show in Midtown Manhattan to see star Hudson Williams. The show, about a pair

Business

U.S. job growth slows to five-year low as December adds 50,000 roles

U.S. employers added 50,000 jobs in December and the unemployment rate fell to 4.4 percent, federal data showed, even as hiring across 2025 was the weakest in five years. Average hourly earnings rose 0.3 percent in December and 3.8 percent year over year. Health care

Business

Trump signs executive order to curb buybacks at ‘underperforming’ defense firms

President Trump signed an executive order aimed at asserting broad new powers over the defense industry to boost weapons production and punish contractors deemed “underperforming.” The order prohibits stock buybacks and dividend payouts at defense companies that haven’t made capital investments or are judged underperforming and authorizes Defense Secretary

Business

Gold consolidates after early-week rally as markets eye US inflation and geopolitics

Beincrypto reports that Gold (XAU/USD) entered a consolidation phase after an early-week rally and still managed to register weekly gains despite losing more than 4% in the final week of 2025. After trading normalized, XAU/USD rose more than 2.5% on Monday and gained a further 1% on

Business

Trump urges $100 billion oil investment in Venezuela; executives express reluctance

President Trump met with oil and gas executives at the White House on Friday to press the biggest U.S. and European oil companies to invest at least $100 billion in Venezuela, but many of the executives signalled reluctance to commit. Smaller businesses and some traders or refiners have been

Business

Fed says it needs clearer labor-market weakness before cutting rates again

Federal Reserve officials said they will likely need to see more notable signs of a labor-market slowdown before lowering interest rates again after a series of reductions last year. Officials and investors will look to December’s jobs report, due Friday, for a clearer read, particularly because a government shutdown

Business

European Union approves Mercosur free-trade deal with four South American countries

The European Union on Friday approved a sweeping free-trade agreement with Argentina, Brazil, Paraguay and Uruguay, overcoming deep dissension among its members to clear a pact that would create one of the world’s largest trade zones connecting markets of more than 700 million people. Negotiations in Brussels produced last-minute

Business

U.S. energy executives to meet Trump after his call for investment in Venezuela

President Trump will meet on Friday with executives from major U.S. energy companies after he said they would “spend billions of dollars” and “take back the oil” in Venezuela, remarks that executives said left them unprepared to commit to large-scale investments. Administration officials have since rushed to gauge companies’