Companies, markets and the economy
Blake Huston is a third generation carnival operator who has been around the business all his life. But rising gas, labor and insurance costs are all taking a toll on his bottom line and threatening the industry he calls a way of life.
The rout hit publicly traded crypto exchanges and fintech companies, as well as cryptocurrencies like Bitcoin.
ExxonMobil and Chevron posted massive quarterly profits as Middle East and Russia-Ukraine conflicts drove gas prices up 34.2% year over year.
Data indicates cheap cars are selling fast, but a few lower-priced segments still saw sales drop in the third quarter. Here's what might be happening.
The Institute on Taxation and Economic Policy found more than 700 profitable companies paid less than half of the 21% statutory corporate tax rate, the lowest rate in decades.
The case, brought by an 18-year-old Mississippi woman and set for trial next week, was the fourth of nine bellwether personal injury lawsuits.
Ian Thomas, who heads the City of London Corporation, tops the Black Powerlist in its 21st year.
Wars and geopolitical risks prove profitable, although Big Oil eyes more long-term certainty.
Cryptocurrency giant Binance said on Thursday that $6.3bn (£4.7bn) of digital assets have been impacted by what is thought to be the biggest crypto hack on record.
Leaders of the once-storied law firm confirmed plans to dissolve the partnership.
“However, we view these constraints as healthy for the durability of the AI boom!”
The carmaker is moving away from models that Chief Executive Jim Farley has deemed “boring.”
Locations across the country want to launch electric ferries to cut carbon emissions, but there are challenges to the rollout.
The company logged higher sales in the latest quarter, as strength in international markets offset continued weakness in North America.
Nicola Shaw, who has led the company since 2022, will step down in January, it is announced.
The planned changes—which were meant to start Friday—would have allowed the company to collect content from publishers to power its own products such as AI tools.
Plus, a plan to put super dogs on the battlefield, the mini power plants aiming to make green fuel from thin air, and what we saw outside Elon Musk’s massive Memphis data center.
The company says its new Voluntary Exit Offer is about putting “the right talent in the right places,” not cutting headcount—and outside economists largely agree.
Family caregivers are spending nearly a third of their household income on average to cover housing, medical and other care-related costs, according to a new study.
