Business

Bezos Bets Billions on AI That Builds the Physical World
Jeff Bezos once lost billions of dollars on failed Amazon experiments. He wears those mistakes as badges now. "I've made billions of dollars of failures at Amazon.com," he to...
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Ford’s Costly AI Lesson: Rehiring Veterans After Automation Failures and a $1.95 Cookie Firing
Ford Motor Co. bet big on artificial intelligence to sharpen vehicle quality checks. The results fell short. So the automaker spent the past three years bringing back more th...
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Lucid Motors Overhauls C-Suite as New CEO Silvio Napoli Battles Slow Sales and Mounting Losses
Lucid Motors just lost its chief financial officer. The move marks the latest step in a sweeping leadership overhaul under Silvio Napoli, the former Schindler executive who t...
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BoE’s Mann Signals Activist Rate Hike Readiness as Geopolitical Shocks Revive Inflation Fears
LONDON — Catherine Mann doesn't mince words. The Bank of England policymaker stands ready to push for higher interest rates. This comes as fresh risks from the U.S.-Iran conf...
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Soft Jobs Print and Shrinking Workforce Leave Fed Officials Weighing Next Move
The numbers came in softer than expected. U.S. employers added just 57,000 jobs in June. That fell well short of the roughly 110,000 forecast by economists. And revisions to...
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Legal Jobs Defy Slowdown: Sector Adds 5,100 Positions in June to Set Third Straight Record
The U.S. legal sector added 5,100 jobs in June. That gain pushed total employment to 1,243,500. A new high. The third in a row.Preliminary figures from the Labor Depar...
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Brazilian Banking Trojan Ousaban Crosses the Atlantic With PDF Tricks and Hidden Payloads
Banks in Spain and Portugal face a fresh wave of account takeovers. A banking trojan born in Brazil now hunts their customers with clever lures that look harmless at first gl...
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Japan’s Enduring Shinise: How 1,400-Year-Old Firms Outlast Modern Giants
Japan stands apart in the annals of commerce. Roughly 33,000 companies there have operated for more than a century. That figure represents 41.3 percent of all such firms worl...
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Consumer Confidence Ticks Higher Yet Labor Fears Linger After Oil Price Relief
Consumer confidence posted a modest gain in June. The increase came as falling gasoline prices offered households a measure of relief from the inflationary pressures that had...
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Even the Bulls See Trouble Ahead: Wall Street Braces for Pullback After Historic First-Half Surge
The first half of 2026 delivered one of the most lopsided rallies in recent memory. The S&P 500 climbed more than 10 percent by late June. The Nasdaq soared nearly 20 percent...
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How Remote Work Quietly Sidelines the Next Generation of Talent
Remote work promised flexibility. It delivered isolation for many new graduates. Companies once touted the model as a way to attract fresh talent without geographic limits. D...
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Ireland’s Hidden Deficit: How Multinationals Mask an €11 Billion Gap
Corporate tax receipts from foreign firms have flooded Ireland's public coffers for years. They delivered surpluses that let ministers expand spending and cut taxes. Yet stri...
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Private Payrolls Barely Grow as Labor Market Signals Worsen Ahead of Critical Fed Decisions
Private employers added just 98,000 jobs in June. That fell short of the 113,000 economists had forecast. The figure also trailed the 122,000 added in May, according to the l...
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Supreme Court Rulings Reshape Tax Law, Regulation, and IRS Oversight
The Supreme Court has issued several rulings in its most recent term that carry direct financial consequences for American taxpayers, investors, and business owners. These decis...
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Microsoft’s Cost-Cutting Wave Hits Xbox, Sales Teams as AI Spend Soars
Microsoft stands ready to trim thousands of jobs across its sales, consulting and Xbox units. The move comes as the software maker keeps a tight grip on expenses while direct...
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