Trump Media strikes $6B merger with fusion energy firm TAE
Parent company of Truth Social announced Thursday it has struck a definitive, all-stock agreement to merge with private fusion firm TAE Technologies.
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Sam Altman’s OpenAI in talks to raise money at $750B: report
Sam Altman’s OpenAI has reportedly had talks with private investors about raising money at a eye-popping $750 billion valuation – a move that comes amid rumblings that the artificial giant is also considering going public.
Birkenstock shares plunge 9% as German sandal maker warns tariffs will slam profits
The company – known for its chunky cork sandals – said it expects a 100 basis points hit to annual gross margins due to US tariffs in the new fiscal year, which runs through Sept. 30, 2026.
Kevin McCallister spent $19.83 on groceries in ‘Home Alone’ — here’s what it costs now
The fictional 8-year-old famously walked out of a Chicago-area grocery store with milk, orange juice, white bread, frozen dinners and detergent.
Trump Media to merge with fusion energy firm in $6bn deal
The company behind President Trump's Truth Social platform makes a surprising move into the energy sector.
Who are the winners and losers of the interest rate cut?
The Bank of England has cut interest rates from 4% to 3.75% - the lowest level since February 2023.
Price increases in the US ease unexpectedly in November
Prices rose 2.7% over the 12 months to November, according to the latest figures from the consumer price index (CPI).
US inflation cools to 2.7% in November report likely distorted by government shutdown
The Consumer Price Index rose 2.7% in November over the past 12 months, down from 3% in September and below expectations of a 3.1% rise, the Bureau of Labor Statistics said Thursday.
Luxury handbags may be shoddier than you think
Complaints about quality are a growing worry for brands from Chanel to Prada
How to conduct a job interview
The worst way to select people, except for all the others
Facebook tests £9.99 monthly subscription for sharing more than two links
Meta is encouraging users to verify themselves to unlock more features or engagement with their posts.
Insurers told to make policies easier to understand
The demand follows a "super-complaint" about the home and travel insurance sectors.
The man behind Stanley and Crocs’ viral success has surprising advice for executives about social media
Terence Reilly has strong opinions on how much time brand execs should spend on platforms like TikTok.
Soup kitchen serves 120 meals in 16 minutes
Volunteers say rising demand in Luton for their help sees people queuing down the street for food.
BP names new boss as current CEO leaves after less than two years
BP has appointed Meg O'Neill as its chief executive, making her the first female boss of a major oil giant.
FTC probing Instacart’s AI pricing tool after being caught charging customers different prices: report
"We are disturbed by what we have read in the press about Instacart’s alleged pricing practices," the FTC said in a statement.
Should more be done to tackle 'ghost jobs', vacancies that don't exist?
Companies are advertising vacancies that have already been filled or might not have ever existed.
Interest rates cut to 3.75% but further reductions to be 'closer call'
The decision to lower borrowing costs was widely expected, after inflation slowed in the year to November.
Cash-strapped ‘woke’ Wall Street watchdog braces for Trump administration crackdown on ‘political’ nonprofits: sources
Tax filings by George Soros's Open Society Policy Center, another non-profit, show that it donated a total of $400,00 to PESP from 2021 to 2022.
Elon Musk’s net worth hits staggering $648B, making him more than twice as wealthy as runner-up
Musk saw his wealth jump by $178 billion in just two days, putting his year-to-date gain at a record-breaking $216 billion as investors cheered Tesla’s driverless taxi tests in Texas, according to the Bloomberg Billionaires Index on Wednesday.
Medline shares surge 40% — worth $54B in Wall Street’s biggest IPO of the year
Northfield, Illinois-based Medline, founded in 1966, is a key manufacturer and distributor of medical supplies such as surgical kits, gloves and gowns used by hospitals worldwide.
Billionaire Ray Dalio joins push to fund Trump Accounts: ‘Been fortunate to live the American Dream’
The new investment accounts were created as part of President Trump’s tax and spending legislation, passed over the summer.
FTX fraudster Sam Bankman-Fried’s ex-girlfriend Caroline Ellison moved out of prison
Ellison remains in federal custody though she is now either on home confinement or living in a halfway house, BOP spokesperson Randilee Giamusso said.
Bari Weiss makes key hires at CBS News ahead of network overhaul
Weiss is expected to announce a host of new hires and her vision at her upcoming town hall meeting with CBS News staff.
The Oscars to leave ABC and stream on YouTube starting in 2029
The show was hosted by ABC for more than a half-century and reveals the latest major shakeup in Hollywood.
FCC chief Brendan Carr defends Jimmy Kimmel remarks in heated Senate hearing: ‘You intimidate the companies’
Hours before the Kimmel suspension, Carr warned that local broadcasters who aired Kimmel could face fines or loss of licenses and said "it's time for them to step up."
Retreating from EVs could be hazardous for Western carmakers
Governments are tempting a shift back to petrol