Category: Business News

As if your local Trader Joe’s store isn’t already crowded enough, your next visit might be even more enjoyable because the grocer’s new collapsible tote bag has gone viral—and it’s selling out fast. The bags retail for just $3.99, making them more affordable than last year’s must-have fashion accessory, Stanley Cupwhich retails for nearly $50….

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has discussed replacing Pete Hegseth, his controversial nominee to head the Pentagon, with candidates including Ron DeSantis, the governor of Florida, according to two people close to the negotiations. Debates over…

A UK-led operation uncovered a multibillion-dollar money laundering scheme from London, Moscow and Dubai that allowed Russian spies and European drug traffickers to evade sanctions using cryptocurrencies. The U.K.’s National Crime Agency said Wednesday that its “Operation Destabilize” investigation focused on two companies — Smart and TGR — that acted as a financial hub for…

Brian Thompson, CEO of insurance group UnitedHealthcare, was fatally shot Wednesday morning in Manhattan, local news sources said reported. Thompson, 50, was shot outside New York Hilton Midtown, where the company is hosting its investor day. Police sources he said New York Post Thompson arrived early at the hotel around 6.40am, where a masked man…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. President Emmanuel Macron urged French lawmakers not to topple Michel Barnier’s government before a no-confidence vote, even as he downplayed the economic risks of the administration’s likely collapse. The opposition supporting the two no-confidence motions on…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world If Kamala Harris had won the US election last month – and it was close, mind you, despite the tone of the coverage since – would Donald Trump have conceded defeat within 24…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Canary Wharf has secured bondholder approval for a £610m refinancing plan as the east London landlord nears the end of a series of high-stakes finance deals. Canary Wharf Groupwhich owns and operates large parts of London’s…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. General Motors has filed a $5 billion indictment against its China operations, revealing a slowdown in the U.S. carmaker’s former biggest market. On Wednesday, GM said there had been a “material loss in value of our…

Digital technology has become ubiquitous in US classrooms, and is now being adopted by a growing number of schools generative AI. Despite this, equitable access remains a challenge, with millions of families, often in underserved and underrepresented communities, without access to a computer or the Internet at home. This not only prevents students from joining…

Good morning! Fei-Fei Li’s startup developed a system to generate 3D scenes, former Fox News anchors’ scorecard tracks companies’ employee silencing practices, and these are three women to know Walmart.– Buy smart. As the holiday season approaches its peak, retailers have their hands full. That’s doubly true for America’s largest retailer: Walmart, a $650 billion…