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BloombergFortune |
Macy’s is clawing back more than $600,000 in cash bonuses from executives after an accounting scandal led to inflated pay.
If the U.S. "continues to engage in blackmail, China will resolutely counteract it,” Chinese foreign minister Wang Yi said.
Gold started the week with a fresh record high, ahead of President Trump’s expected next tariff rollout.
“I made it clear that President Trump needs to see China take decisive actions to stop the flow of fentanyl precursors," U.S. Senator Steve Daines...
A supplement to a November 2022 sanctions waiver allowed Chevron to remain in compliance with US law while paying the Maduro regime taxes and oil...
Tesla fans' current level of enthusiasm is staggeringly high, even by recent historical standards.
Elon Musk sought to reassure Tesla employees after the carmaker’s shares plunged more than 50% in just three months.
JPMorgan Chase is changing the name of its diversity, equity, and inclusion program at a time when DEI has been attacked by President Trump’s...
Tesla employees in Germany are demanding better working conditions.
Nvidia CEO Jensen Huang didn’t realize there were publicly traded quantum-computing companies.
Elon Musk’s social network X has raised close to $1 billion in new equity from investors, according to people with knowledge of the matter.
Meta tumbled into negative territory Tuesday, becoming the last of the so-called Magnificent Seven stocks to turn lower this year.
Amtrak CEO Stephen Gardner is leaving his job as the Trump administration threatens to pull back on funding mass transit and transportation projects.
JPMorgan is on track to boost revenue from equities trading by more than 30% this quarter from a year earlier.
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood.
Trump has ramped up a trade fight with China since returning to office, twice hiking blanket tariffs on imports from the Asian country.
The latest effort, which covers eight areas, outlines plans to improve childcare and includes a pledge to enforce China’s paid leave system.
Other measures include stabilizing the stock and real estate markets, and offering incentives to raise the country’s birth rate.
The Ernie X1 model by China’s internet search leader works similarly to DeepSeek R1.
Officials from China’s Foreign Ministry and the Ministry of Public Security said in a briefing the country has achieved success in controlling the...
Chinese shares look attractive even after their recent rally, Citi strategists wrote, citing DeepSeek’s AI breakthrough and still-cheap valuations.
U.S. stocks are at risk of slumping another 5%, according to Morgan Stanley’s Michael Wilson.
Tesla shares are on track for their steepest drop since 2020 as Wall Street analysts begin to slash their estimates for vehicle deliveries.
Investors looking for a safe place to hide are shoveling money into ultra-short bond ETFs as Donald Trump’s economic policies stoke recessionary...
Consumer inflation in the year to date has turned negative through January-February for the first time since 2021.
Elon Musk’s automaker has been backsliding in China for the past five consecutive months on a year-on-year basis.
“The bet on Tesla’s shares soaring due to Musk’s political involvement has not worked out thus far,” said one analyst.
Goldman Sachs is trying to send more managers to locales outside its main hubs in an initiative dubbed informally by some as “Project Voyage."
So far, few have acquiesced. Suppliers’ margins are already razor thin due to Walmart’s strategy of procuring goods cheaply in order to maintain...
Starbucks named Cathy Smith as its new chief financial officer as part of an ongoing leadership shakeup at the coffee chain.
John J. Ray III, who led FTX’s restructuring and efforts to return billions of dollars to customers after it imploded in 2022, stands to collect...
Singapore is investigating whether Dell Technologies and Super Micro Computer servers shipped to Malaysia housed Nvidia chips barred from China.
The Hunyuan Turbo S AI model is designed to respond as instantly as possible, distinguishing itself from the deep reasoning approach of DeepSeek’s...
President Donald Trump’s move to further decouple economic ties between the U.S. and China rattled global investors.
The firm said its strategy "underscores the company's focus on AI-driven growth".
Donald Trump rolled out a memo telling a key government committee to curb Chinese spending on tech, energy and other strategic U.S. sectors.
The ruling shows Novo Nordisk’s confidence that the supply of semaglutide will be stable for now.
"This is the kind of opportunity for industry transformation that really only comes about once every several decades," Alibaba's CEO told analysts.
Figures for October-December were more upbeat—quarter-on-quarter growth accelerated to 0.7% from 0.4% in the July-September period.
Korea's data protection agency said DeepSeek "acknowledged that considerations for domestic privacy laws were somewhat lacking."
“This is the strongest signal China could release to boost social confidence."
China's AI frenzy marks a surprise reversal of fortunes for Alibaba.
The tally for last year marks the fewest marriages since public records began in 1986 and is less than half the peak reached in 2013.
Shares of the company surged 86% in early trading as investors speculate the move could kick start a wave of consolidation in China's...
Each year, about 125 million opioid prescriptions are written for Americans with pain caused by broken bones, burns, surgeries, and other injuries and...
Baristas will top macchiatos with a caramel crosshatch pattern made up exactly of seven vertical lines and seven horizontal lines, finished with a...
Shares of semiconductor-related firms like those that supply materials to companies like Nvidia have extended Monday's decline.
Jurors will weigh whether Merck withheld side-effect reports from drug regulators and launched misleading marketing campaigns to turn the drug into a...
DeepSeek has already put global tech stocks on track for $1 trillion wipeout.
Factory activity unexpectedly slowed ahead of the Lunar New Year holiday and the services sector also cooled.
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