Business News

Liu saw his net worth fall to $12.4 billion, putting him at No. 20 on this year's list of China's 100 Richest

The German sportswear company slashed its yearly forecast after dropping the popular Yeezy line over hate speech by its creator, Kanye West.

Cresta's conversational AI tools will be integrated with Zoom's portal to improve customer service.

Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.

Here are three ways you can reconnect with your colleagues, whether in person, remote, or various hybrid situations. Absence may make the heart grow fonder when it comes to an old flame. But when it comes to workplace dy...

The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.

The sale this month of 19.5 million shares came after the billionaire completed his $44 billion purchase of Twitter.

CZ took to Twitter on Nov. 8 sharing "two big lessons" that crypto companies should learn amid the downfall of crypto exchange FTX.

The mightiest firms in private capital appear to be taking a bath on FTX after the company's valuation rose to $32 billion over the summer

People 21 and over will be allowed to buy cannabis in Maryland and Missouri, while voters nix it in Arkansas, South Dakota and North Dakota

Chain bet on post-Covid bounceback in 2021 but now faces surge in expenses and interest payments The pub chain JD Wetherspoon is planning to sell a further 39 pubs after getting rid of five sites over the past three mont...

Political leaders around the world are being tossed out by voters unhappy with rising prices.

Executives are aggressively paying down debt as higher interest rates increase the cost associated with having debt and businesses face the prospect of a recession.

Aided by the yen's fall to a three-decade low against the dollar this year, top Japanese companies are expecting healthy profits.

Japan's largest mobile telecoms operator NTT DOCOMO has announced plans to invest up to 600 billion yen ($4 billion) into Web3 infrastructure. The company has joined forces with multichain smart contract platform Astar N...

Meta Platforms said it would cut 13% of staff, embarking on the company's first broad restructuring to cope with a slumping digital-ad market and falling stock price.

Ernesta, which Foley started with two Peloton co-founders, will sell rugs cut to fit a shopper's room.

Major exchange Coinbase experienced network connection issues Tuesday night (UTC) time, which it says were caused by a higher level of sign-ups and transfers. Kraken, meanwhile, said it saw brief and intermittent connect...

While the broader markets and growth stocks in particular have been impacted by hawkish comments by the Fed, Tesla has been weighed down by CEO Elon Musk's recent acquisition of the social media app Twitter.

An American's vision to build a global semiconductor player in China has been thrown into uncertainty as U.S. restrictions undermine the global industry integration he celebrated.

The Dutch grocer attributed its performance to positive contributions from comparable sales growth excluding gasoline, foreign currency translation benefits, and higher gasoline sales.

The call for a more detailed disclosure of liquidity through the use of "Proof-of-Reserves" has been backed by many high-profile industry figures.