Germany: Local governments face financial collapse
Many cities and municipalities in Germany are facing bankruptcy and no longer know how they can fulfill their responsibilities. They are blaming the federal government....
Many cities and municipalities in Germany are facing bankruptcy and no longer know how they can fulfill their responsibilities. They are blaming the federal government....
C.J. Mahoney, Meta's new chief legal officer and a former Trump administration official. Tom Williams/CQ-Roll Call, Inc via Getty Images Meta hired C.J. Mahoney, a former Trump administration official...
Nespresso opened a nearly 14,000 square-foot flagship in Manhattan. Alice Tecotzky I visited Nespresso's nearly 14,000 square-foot NYC store, which offers free coffee and a speakeasy. Between choosing...
Nvidia founder and CEO Jensen Huang is the face of the company supplying chips to many of the companies in the AI arms race. Woohae Cho/Getty Images If you've heard about AI, you're probably familiar ...
π Key Facts β Clare Lane purchased two pairs of leggings online. β She accidentally signed up to a subscription during the purchase. ...
Tel Aviv skyline. Elisa Schu/picture alliance via Getty Images Staff at multinational tech firms in Israel are increasingly seeking to relocate abroad, a new report says. The report found 53% of firms...
[The content of this article has been produced by our advertising partner.] Just like every dark cloud has a silver lining, insurers are proficient at managing risks and turning them into opportunitie...
AMD CEO Lisa Su says AI will soon need "10 yottaflops" of compute — a scale of computing power the world has never built before. Caroline Brehman / AFP via Getty Images AI will soon need...
Greg Abel will make $25 million in cash in his new role. Kevin Dietsch/Getty Images Berkshire Hathaway disclosed that Greg Abel will make $25 million in his new CEO role. Abel's pay is a significant i...
Lockheed Martin said it plans to boost production of Patriot missile interceptors. US Army photo by Sgt. JaDarius Duncan Lockheed Martin said it plans to boost annual production of Patriot missile int...
On Wednesday evening, Apple announced that JPMorgan Chase will become the new issuer of Apple Card, replacing Goldman Sachs, which has backed the company's credit cards since their launch in 2019 . Th...
π Key Facts β Bitcoin hit $90,353 in a futures-led rally β Negative Coinbase premium indicates pricing discounts on the U.S. exchange ...
For a long time, you could make plenty of money and sleep easy at night with a simple 60/40 portfolio. You put 60% of your money in stocks and 40% in Treasuries. The stocks generally went up. The Trea...
Amazon says its new Dash Cart has a 40 percent larger capacity. Amazon is launching a revamped version of its smart shopping cart, which it plans to bring to dozens of Whole Foods locations by the end...
π Key Facts β Grandparents founded Vo Toys in the 1950s using leather belt scraps from Germany immigrants. β Mark Hirschberg studied fi...
Workers in six more states will see their minimum wages hit $15. Jeffrey Greenberg/Universal Images Group via Getty Images Nineteen states will raise their minimum wages in January, affecting over 8 m...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
Meta's Reality Labs team is expected to lose around 10 percent of its staff, with layoffs concentrated on the division's metaverse employees, as reported by The New York Times . The layoffs are appare...
Thiel Capital, founded by the billionaire tech investor Peter Thiel, opens a new Miami office amid California's proposed wealth tax debate. Marco Bello/Getty Images Thiel Capital opened a new Miami of...
If you can afford this house you can probably afford a whole-home backup solution like the E10. | Image: Anker Homeowners in search of grid independence have another option today with the launch of An...