Business News
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK will retire ageing helicopters and assault ships under plans to save £500mn in the coming five years, defence secretary John Healey has said. The “outdated” equipment includes a planned refit of the frigate … Read more
Yang Lu’s initial interest in technology began when she emigrated to the U.S. from China at the age of 12 and didn’t speak a single word of English. “Technology was a big equalizer for me,” she says. “When I walked into a computer science and programming course in high school, nobody knew the language.” It … Read more
Elon Musk’s Father Says It Would Be ‘A Big Concern’ If Elon Had To Step Away From Board Meetings At His Companies To ‘Go To Government’ Errol Musk, the father of billionaire entrepreneur Elon Musk, recently spoke about his son’s new role in Donald Trump’s administration, where Elon Musk and Vivek Ramaswamy were appointed to … Read more
Invesco S&P SmallCap High Dividend Low Volatility ETF declares monthly distribution of $0.0855
Check out what’s clicking on FoxBusiness.com. Federal officials discovered “significant violations” at Tom’s of Maine’s manufacturing facility, including using water contaminated with bacteria to produce some of its toothpaste. The Food and Drug Administration (FDA) outlined such violations in a letter sent to Tom’s of Maine’s parent company, Colgate-Palmolive, earlier this month. The letter was … Read more
AI-powered solutions to drive operational excellence across diverse industries REDWOOD CITY, Calif.–(BUSINESS WIRE)–C3 AI (NYSE: AI), the Enterprise AI application software company, and Capgemini, a global leader in business and technology transformation, today announced an expansion of their partnership. This partnership is designed to accelerate and enhance the delivery of Enterprise AI solutions across industries … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX co-founder Gary Wang has avoided prison time after his swift co-operation with prosecutors helped seal the criminal conviction of the crypto exchange’s other founder Sam Bankman-Fried. At a hearing on Wednesday, judge Lewis Kaplan … Read more
It’s shaping up to be a crazy busy Thanksgiving travel season. And Uber is hoping to take advantage of that. The ride-sharing service has announced a number of new products and services for people trying to get from the airport to the homes of friends and family that it claims will help them save money—or … Read more
Amidst the debate on high food inflation and the need for interest rate cuts to support growth, as enunciated by two Cabinet ministers, core inflation has also been recording an uptick in recent months. Core inflation measures the change in prices of goods and services excluding that in food and fuel from CPI inflation. “Historically, core inflation … Read more
Comcast (CMCSA) confirmed plans to spin off most of its cable networks into a new, publicly traded company as it and others in the industry grapple with more consumers cutting the cord. The yet-to-be-named SpinCo will house most of NBCUniversal’s cable television networks, including USA Network, CNBC, MSNBC, Oxygen, E!, SYFY, and Golf Channel. Those … Read more