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Bosses don't think AI is paying off yet, a PwC survey of 4,500 CEOs found

FG Trade/Getty Images CEOs are struggling to turn AI investments into returns, according to a new PwC survey. Having a strong AI foundation is more likely to boost returns, the results showed. But onl...

1dBusiness InsiderTechnologyImpact

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

6dBusiness InsidereconomicsImpact

Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

Jan 13The VergeTechnologyImpact

The world's 10 richest people in 2016 had a combined net worth of under $600 billion — less than Elon Musk is worth today

Alphabet cofounders Sergey Brin (left) and Larry Page (middle), and Amazon founder Jeff Bezos. Lionel Hahn/Getty Images/Elijah Nouvelage/Remo Casilli/REUTERS The world's richest people have seen their...

4dBusiness InsidereconomicsImpact

Inside Amazon's 'mind-blowing' plan to fix groceries and beat Walmart

Getty Images; Alyssa Powell/BI Amazon is playing catch-up to Walmart in groceries. Some of Amazon's new ideas mirror Walmart's strategies. Amazon plans to double down on its sub-same-day grocery deliv...

17hBusiness Insidereconomics

I made over $30,000 from my side hustles this year. The extra money is great, but I felt like I never stopped working.

The author has a corporate job but also freelances as a writer and teaches mahjong. Courtesy of the author Freelance writing for various media outlets and teaching mahjong helped me generate over $30,...

5dBusiness InsiderlifestyleImpact

Billionaires' wealth hits new peak amid rising poverty, Oxfam says

Billionaire wealth surged at three times ‍its recent pace ​last year to reach its highest level on record, deepening economic and political divides that threaten democratic ⁠stability, anti-poverty gr...

1dFrance 24economicsImpact

Macron brandishing 'threat of dissolution' as budget talks resume, although 'unlikely'

Crucial budget talks are resuming in French parliament, as MPs have failed to secure the 2026 budget in time last year. President Emmanuel Macron has brandished the threat of dissolution in case parti...

Jan 13France 24PoliticsImpact

China’s commercial space sector soars with 50 launches in 2025

China’s commercial space sector logged 50 launches last year – more than half of the country’s total – underscoring the growing role of private players alongside the state-led space programme, with Be...

14hSouth China Morning PostTechnologyImpact

China’s EV makers face slowdown in export growth after doubling in 2025

China’s electric vehicle (EV) exports doubled in 2025 amid rising overseas demand for affordable cars and Beijing’s anti-involution campaign. The country – the world’s leading EV manufacturer – sold m...

6dSouth China Morning PostautomotiveImpact

As Trump threatens more tariff rises, China uses low duties to secure resources

As US President Donald Trump’s tariff increases have roiled global markets and strained America’s alliances in recent months, China has been pursuing the opposite strategy: keeping import duties low a...

12hSouth China Morning PostPoliticsImpact

Protesters say 'unliveable to be a farmer in France today' as they condemn Mercosur deal

French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...

Jan 13France 24PoliticsImpact

Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

6dBusiness InsidereconomicsImpact

Bessent meets China’s He Lifeng in Davos, praises trade progress on soybeans, rare earths

US Treasury Secretary Scott Bessent said he met with his Chinese counterpart, Vice-Premier He Lifeng, on Monday on the sidelines of the World Economic Forum in Davos. The two men have been the primary...

11hSouth China Morning PostPoliticsImpact

Mainland Chinese money to drive 10% rise in Hong Kong commercial property deals: Colliers

Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...

Jan 14South China Morning PosteconomicsImpact

EU weighs countermeasures against Trump's tariff threats over Greenland

EU leaders are set to discuss countermeasures at an emergency summit in Brussels on Thursday in response to US President Donald Trump's tariff threats. One option is a package of tariffs on 93 billion...

1dFrance 24PoliticsImpact

China-focused hedge funds surged in 2025. Here's who won big.

Chinese leader Xi Jinping and his ruling party have pushed to stimulate China's economy. Xie Huanchi/Xinhua via Getty Images Hedge funds betting big on China generated strong returns last year. Manage...

2dBusiness InsidereconomicsImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

Jan 13Business Insiderautomotive

Executives' favorite explanation for spending big on AI: FOMO

JPMorgan's CEO Jamie Dimon Noam Galai via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . If you're ...

6dBusiness Insidereconomics

Microsoft, Meta, and Amazon are paying up for ‘enterprise’ access to Wikipedia

Microsoft, Meta, Amazon, Perplexity, and Mistral AI have joined Google in paying the Wikimedia Foundation for access to its projects, including Wikipedia's vast collection of articles. The Wikimedia F...

5dThe VergeTechnologyImpact
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