Business News

The Bank for International Settlements' Innovation Hub is doing important work on integrating new technology into the global financial system. The next step is to bring both banks and nonbanks into the discussion.

Assemblymember Matt Haney says the bill, which needs Senate approval before it heads to Gov. Gavin Newsom, would level the playing field for the highly taxed and regulated legal weed industry.

Australia's richest woman had demanded the National Gallery of Australia remove a portrait of her. Rinehart appears to have fallen victim to the 'Streisand effect', a term coined after Barbra Streisand launched a lawsuit...

Why Tetra Pak, a world-leading food processing and packaging company, is committed to collaborating with others to forge a world with secure and sustainable food systems Astoundingly, one-third of all food produced globa...

Netflix has a game plan for the National Football League. At Netflix's upfront event last week (its second upfront presentation and first time in-person), the company rolled out celebrities such as Mindy Kaling and Kate ...

'It's the stock market, stupid!' Dow Jones Industrial Average is a surprisingly reliable election predictor.

Nestlé's new line of frozen foods, under the brand Vital Pursuit, will cater to users of Wegovy, Ozempic, and similar weight loss drugs.

Russia's S-400 air defense system is very capable, but Ukraine has been able to destroy some and could teach the West lessons, experts said.

Red Lobster's new CEO questioned the company's purchasing processes, including from owner and seafood supplier Thai Union.

Bitcoin upside strength causes pain for shorters, but doubts remain over whether the BTC price rally can last much longer.

As crypto markets lurched higher on Monday on optimism that Ethereum ETFs might soon get approval, renewed risk appetite saw traders hunting for top crypto gainers today flock to the on-chain markets. The post Top Crypto...

Financial challenges face the next U.S. president -- but one candidate's remedies would be a 'train wreck.'

Palo Alto Networks still is dealing with investor chagrin about the big shift in strategy it announced last quarter, in an effort to eventually boost revenue growth.

The friendly rasp of ChatGPT's 'Sky' voice is getting the AI company into hot water. Last week, OpenAI launched ChatGPT 4o, a new model of its chatbot assistant that converses in almost real time. Users could choose from...

Earlier this month, the company fired an auditor that federal regulators recently charged with "massive fraud."

At an industry conference, Consumer Financial Protection Bureau Director Rohit Chopra said he was open to suggestions on how to increase choice and competition to benefit mortgage lenders and borrowers.

New York City's investment chief and other key investors are urging Tesla Inc. shareholders to vote against Chief Executive Elon Musk's $56 billion pay package and the reelection of board directors Kimbal Musk and James ...

Hanna Andersson has named Mike Frazzini, most recently Technology Chief of Staff at FTD, as its new Chief Technology Officer (CTO). Frazzini, who will report to CEO Aimée Lapic, brings 25 years' experience in delivering...

The director of "The Apprentice" was unfazed by the threat to the film, which covers the ex-president's relationships with his first wife and the fixer Roy Cohn.

Macy's stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.

By approving bitcoin as an underlying product within the ETF space, the SEC has reduced risk at the base level of the asset, BitGo's Steve Scott writes. The only question is now will they invest?

Many investors are surprised to learn that there is an inverse relationship between fund flows and performance.