BUSINESS
Cult leaders convicted for exploiting children in forced labor since 2000
September 17, 2024
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
September 14, 2024
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
September 11, 2024
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
September 8, 2024
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
September 5, 2024
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
August 27, 2024
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
August 24, 2024
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
August 21, 2024
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
August 18, 2024
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
August 15, 2024
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…