BUSINESS

Cult leaders convicted for exploiting children in forced labor since 2000

Cult leaders convicted for exploiting children in forced labor since 2000

Six members of a Kansas-based cult have been convicted in a scheme to house children in overcrowded, rodent-infested facilities and…
China economy: Startup scene is dead as investors pull out

China economy: Startup scene is dead as investors pull out

The number of new companies that are started in China annually has collapsed as fundraising by Chinese venture capital firms…
JPMorgan hires KKR’s Bauer to lead equity capital markets team

JPMorgan hires KKR’s Bauer to lead equity capital markets team

JPMorgan Chase & Co. has recruited David Bauer from private equity firm KKR & Co. to help run its equity…
Elon Musk’s xAI could help Tesla with FSD and Optimus

Elon Musk’s xAI could help Tesla with FSD and Optimus

Elon Musk’s artificial intelligence startup xAI could assist in the development of key Tesla initiatives and share in some of…
Trump wants Musk to lead task force charged with ‘drastic cuts’ to regulations

Trump wants Musk to lead task force charged with ‘drastic cuts’ to regulations

Donald Trump pledged to cut the corporate tax rate, slash regulations and audit the federal government, embracing an idea proposed…
The promised fix to America’s retirement crisis might not be much of a solution after all

The promised fix to America’s retirement crisis might not be much of a solution after all

But new research finds that these changes to retirement savings programs aren’t having the hoped for effects when they are…
NASA to bring astronauts back on SpaceX capsule, not Boeing Starliner

NASA to bring astronauts back on SpaceX capsule, not Boeing Starliner

Astronauts Butch Wilmore and Suni Williams will return to earth on a SpaceX Dragon capsule in February instead of the…
How investors lost out on 15% of total fund returns over the past 10 years

How investors lost out on 15% of total fund returns over the past 10 years

“Buy and hold” and “don’t time the market” might be the two best known pieces of investing advice, but this…
Recession indicator now slows the economy, creator says

Recession indicator now slows the economy, creator says

The inverted yield curve—a recession indicator with a decades-long track record of accuracy—has evolved beyond serving as a warning of…
Sweden has its first case of infectious mpox identified in Congo

Sweden has its first case of infectious mpox identified in Congo

Swedish health officials said Thursday they have identified the first case of a person with the more infectious form of…
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