Chinese rocket maker LandSpace aims to raise 7.5 billion yuan (US$1 billion) from an initial public offering (IPO) in Shanghai, after becoming the first home-grown aerospace firm to have its listing a...
Tourists planning to spend Christmas in Hong Kong have fuelled a surge in guest house bookings since October, driving occupancy and room rates to their strongest levels in five years. But those arrivi...
Hong Kong’s momentum as an initial public offering (IPO) venue is set to hurtle onwards in 2026 after funds raised from share sales more than tripled in 2025, placing the city’s exchange atop the glob...
Fed chair Jerome Powell Alex Wong/Getty Images Fed Chair Jerome Powell said the central bank has received grand jury subpoenas from the Justice Department. Economists, business leaders, and analysts a...
Crypto majors fell again yesterday as btc lost $90k; btc -2% at $89,900; eth -3% at $3,100, sol -3% at $134; xrp -7% to $2.08. Lit (+3%), wlfi (+3%) and xmr (+3%) led top movers. Zec fell 19% after th...
Rep. Ritchie Torres Alex Wong/Getty Images A Polymarket user made over $400,000 off a well-timed bet on Nicolás Maduro's political future. The bet was made just one day before US forces captured the V...
Over 400 student-loan borrowers shared their repayment and debt relief stories. sengchoy/Getty Images In one month, over 400 student-loan borrowers shared their repayment experiences with Business Ins...
Doug Field, Ford's chief of EVs, is leading the charging behind the legacy automaker's push to develop self-driving capabilities in-house. Darron Cummings/AP Ford announced plans to deploy eyes-off dr...
Lil Uzi Vert performed at a party celebrating FaZe Clan's listing on the Nasdaq. Andrew Toth/Getty Images for FaZe Clan FaZe Clan's top talent left last week, marking the end of an era at the esports ...
Tim Cook made slightly less in 2025 than he did in 2024. Tom Williams/CQ-Roll Call, Inc via Getty Images Apple CEO Tim Cook earned $74.3 million in total compensation for fiscal year 2025. The tech gi...
Paramount Skydance CEO David Ellison hasn't given up in his pursuit of Warner Bros. Discovery. Angela Weiss/AFP via Getty Images Warner Bros. Discovery turned down another offer from Paramount Skydanc...
Trump said the US could reimburse American oil companies for expanding operations in Venezuela. Doug Mills/The New York Times/Getty Images Trump said the US may reimburse oil firms for expanding opera...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
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...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
Angi, formerly Angie's List, is a service for home service professionals. Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images Companies such as Angi and Tailwind have said they're t...
SoFi CEO Anthony Noto. BRENDAN MCDERMID/REUTERS SoFi CEO Anthony Noto weighed in on Trump's proposed 10% cap on credit card interest. Noto said the cap could boost consumer demand for personal loans. ...
AI pioneer Geoffrey Hinton Pontus Lundahl/TT News Agency/AFP via Getty Images The "godfather of AI" says AI could trigger a new wave of job losses in 2026. "We're going to see AI get even ...
Duolingo shuts down for two weeks every winter, and its CEO says the cost is worth it for real rest. Kevin Dietsch/Getty Images Duolingo gives its staff two weeks off over the holidays, allowing emplo...
Attorney Alex Spiro wrote to California Gov. Gavin Newsom saying several of his clients would relocate if a billionaire tax were implemented. Ramsay de Give-Pool/Getty Images; Michael M. Santiago/Gett...