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Politics
Microsoft hiring of AI Inflection staff referred for UK merger probe
Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024.Stefan Wermuth | Bloomberg | Getty ImagesLONDON — Microsoft's hiring of certain…
Trump 2.0 could be bad news for global inflation, analysts say
US former President and 2024 Republican presidential candidate Donald Trump, a bandage on his ear after being wounded in an assassination attempt, attends the first day of the 2024 Republican National Convention at the Fiserv Forum in…
Morgan Stanley (MS) earnings Q2 2024
Ted Pick, co-president of Morgan Stanley, speaks during a Bloomberg Television interview in New York, US, on Thursday, Oct. 26, 2023. Jeenah Moon | Bloomberg | Getty ImagesMorgan Stanley said second-quarter profit and revenue topped…
Bank of America (BAC) earnings Q2 2024
CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled "Annual Oversight of Wall Street…
JD Vance’s VP nomination will cause chills in Ukraine
US Senate Republican candidate JD Vance speaks to attendees the stage at a rally held by former U.S. president Donald Trump in Youngstown, Ohio, September 17, 2022.Gaelen Morse | ReutersRepublican presidential nominee Donald Trump's pick…
Crypto is increasingly being used for money laundering, Chainalysis says
In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in Paris, France, on March 5, 2024.Chesnot | Getty Images News | Getty ImagesMoney launderers are increasingly using…
Hugo Boss shares plunge on profit warning amid slumping China demand
Pedestrians walk past a German luxury fashion house Hugo Boss store in Shenzhen Bao'an International Airport.Alex Tai | SOPA Images | LightRocket | Getty Images)Hugo Boss shares plunged as much as 10% Tuesday after the company cut its…
stocks, news, data, earnings, Powell comments
U.S. Federal Reserve Chair Jerome Powell speaks at a news conference on interest rates, the economy and monetary policy actions on June 15, 2022.Olivier Douliery- | Afp | Getty ImagesLONDON — European stocks opened lower Tuesday as…
Next front in U.S.-China tech battle is underwater internet cables
Subsea cables are the backbone of the internet, carrying 99% of the world's data traffic.Serg Myshkovsky | Photodisc | Getty ImagesU.S.-Chinese tensions surrounding technology have have sunk to sea lows.Subsea cables hit the headlines…
Foreign carmakers in China face ‘increasingly precarious’ situation
Newly produced electric vehicles are being seen at Tesla's Shanghai Gigafactory in Shanghai, China, on December 31, 2023.Costfoto | Nurphoto | Getty ImagesBEIJING — New tariffs on Chinese electric cars aren't enough to help foreign…