Category: Business News

An unlikely duo appeared at the intersection of business and politics: Elon Musk and Senator Bernie Sanders. The independent representative from Vermont, who is rallying with the Democratic Party, announced on Sunday at X he thinks Musk has something right about the US budget. “Elon Musk is right,” Sanders said in one X post December…

Not sure what to buy your loved ones this holiday season? Look no further. For 2024, our editorial team has selected proven favorites that combine the latest technology with the finest craftsmanship your money can buy. Each product has a story behind it that promises to surprise and delight recipients of all ages. 12 luxury…

There is much debate over whether the free exercise of artificial intelligence (AI) models on copyrighted material is permitted under the law. This debate is escalating to court cases filed in various jurisdictions and companies challenging companies that train their generative AI models by stealing copyrighted material without permission. The debate is largely framed as…

Stoli Group USA, maker of the inexpensive vodka of the same name, has filed for Chapter 11 bankruptcy in the USA and strives reconcile your finances after a series of fights. The company said it was “experiencing financial difficulties” in his submission and has liabilities ranging between $50 and $100 million. The company’s products will…

Super micro computer Inch. said an external review of the business by a special committee of its board and outside counsel found no evidence of wrongdoing and that the company would appoint new top financial leadership. The company is seeking a new chief financial officer, chief compliance officer and general counsel, it said in a…

This holiday season, as you browse the aisles of your local bar Walmartyou might come across a five-foot tall Nutcracker ornament. At Sam’s Club, the glint of a lab-grown diamond might catch your eye. And abroad, wasabi macadamia nuts can be found in your shopping cart. These products are just three small examples of the…

CEO of Intel Corp. Pat Gelsinger, hired in 2021 to lead an ambitious turnaround of the iconic chipmaker, will leave the job after the turnaround failed and the company only fell further behind rivals. Intel Chief Financial Officer David Zinsner and Michelle Johnston Holthaus, who is taking on the new role of CEO of the…

Good morning! Women buy Our rings, Trump’s cabinet picks face scrutiny — from his own mother, and Rent the Runway marks 15 years. Have a productive Monday. – Don’t stop believing. Rent the Runway turned 15 last month. At the helm of the business remains CEO Jenn Hyman, who co-founded the clothing rental service when…

Unlock Editor’s Digest for free Roula Khalaf, editor of the FT, picks her favorite stories in this weekly newsletter. Sir Chris Wormald, the long-serving permanent secretary at the Department of Health and Social Care, has been appointed as the UK’s most senior civil servant. Prime Minister Sir Keir Starmer has chosen Wormald as Cabinet Secretary…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The memoirs of Angela Merkel are called Freedom. But it could also be titled No regrets. In her recently published book, the former German chancellor looks back on her 16 years in power…