Bloomberg

Xi mobilizes China for tech revolution to cut dependence on West

For U.S. politicians, China's potential to dominate sensitive cutting-edge technologies poses one of the biggest...

Washington Post

01.03.21

Co-working companies are trying to tap into customers experiencing work-from-home fatigue

SEATTLE - Around the corner from the historic Pike Place Market's idle fishmongers, Chris Hoyt was overseeing a construction crew taping and muddling drywall on the ground level of a c...

Bloomberg

01.03.21

Why the dollar is more robust than it looks

It’s about as hard right now to find anyone with a kind word to say about the greenback as it is to find someone with a nasty word about equities. There is much talk of yawning U.S. bu...

Washington Post

28.02.21

As private companies erode government's hold on space travel, NASA looks to open a new frontier

The four astronauts who will fly aboard a SpaceX mission by the end of the year will be a bunch of private citizens with no space experience. One's a billionaire funding the mission; a...

Washington Post

28.02.21

The pandemic is upending how Oscar nominees are chosen

In any normal Hollywood year, winter is award season, a time when hundreds of screenings, ceremonies, panel discussions and upscale cocktail receptions pack the social calendars of fil...

Bloomberg

28.02.21

When the fantasy of better battery science doesn't match reality

With billions of dollars flowing to electric cars, investors are eagerly waiting for the next breakthrough in battery technology - one that will underpin the future adoption of green v...

Bloomberg

26.02.21

Barbie's pandemic sales boom follows long revamp at Mattel

One of the biggest consumer hits of the pandemic, alongside Netflix and the Nintendo Switch, is a 61-year-old doll once mocked as outdated and sexist. Long written off by many parents ...

Bloomberg

26.02.21

Buffett's letter to break months of silence amid tumult in U.S.

While 2020 raged, Warren Buffett mostly held his tongue. He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance f...

Bloomberg

26.02.21

AstraZeneca CEO defends EU vaccine delivery in parliamentary grilling

AstraZeneca's Chief Executive Officer Pascal Soriot sought to deflect blame for a shortfall in covid-19 vaccine deliveries to Europe this year, while reassuring lawmakers that his comp...

Bloomberg

26.02.21

Alibaba, once a hedge fund darling, dumped by Point72, Hillhouse

Alibaba Group Holding Ltd, once the most valuable company in China, is turning from a global hedge fund favorite to something less than desirable. Investors from hedge fund titans such...

Washington Post

26.02.21

GameStop, other 'meme' stocks surging again

GameStop shares swelled 19% Thursday after surging as much as 88% in afternoon trading as retail investors returned to the shorted stock that set off a trading frenzy last month that s...

Washington Post

26.02.21

FAA still needs to strengthen Boeing oversight after Max crashes, inspector general says

WASHINGTON - The Department of Transportation's internal watchdog said in a new report that the Federal Aviation Administration still needs to do more to stiffen its oversight of Boein...

Bloomberg

25.02.21

Nissan CEO who oversaw Ghosn's downfall testifies in court

Former Nissan Motor Co. Chief Executive Officer Hiroto Saikawa told a Tokyo court that he agreed that former Chairman Carlos Ghosn should have been paid more to prevent him from going ...

Bloomberg

25.02.21

With tech oligarchy shaken, active funds are having a great time

Turmoil in megacaps like Apple is stirring investor anxiety. But for professional stock pickers, it's mostly good news when the market's biggest companies loosen their grip. Since the ...

Bloomberg

25.02.21

GameStop's short-lived CFO to leave with $30 million package

Jim Bell, the GameStop finance chief who is being pushed out after less than two years on the job, will not be leaving empty-handed. The executive will get $15.8 million when he depart...

Bloomberg

24.02.21

Chefs trade fancy jackets for Carhartts to cut costs during covid

At renowned Philadelphia restaurant Fork, owner Ellen Yin spent $17,500 in 2019 dry-cleaning the chefs' jackets and uniforms. This year the chef whites are gone, and so are the cleanin...

Washington Post

24.02.21

Activist shareholders pressing companies to disclose more of their political activity after Capitol attack

A day after JPMorgan Chase announced it would freeze its political contributions in the wake of the Jan. 6 attack on the U.S. Capitol, the nation's largest bank made a quiet move indic...

Bloomberg

24.02.21

Vaccine delays threaten economies hardest hit by pandemic

Latin America and the Caribbean, the region where the coronavirus caused the most pronounced economic destruction and more than a quarter of the world's deaths, is falling victim to a ...

Bloomberg

23.02.21

Travel industry sees glimmers of recovery in Africa, Antarctica

Early in the global pandemic, travel experts rushed to determine the shape of the recovery. Would it be L-shaped? More like a W? A year later, despite brief upticks and plenty of pent-...

Bloomberg

23.02.21

Panini, Birkenstock join iconic family-owned brands put on block

Iconic family-controlled brands from Panini to Birkenstock are putting themselves on the block, as their wealthy owners look to capitalize on surging valuations for consumer companies....

Bloomberg

23.02.21

After Texas crisis, Biden's climate plan hangs on fragile power grid

The millions of people who struggled to keep warm in Texas, with blackouts crippling life inside a dominant energy hub, have laid bare the desperate state of U.S. electricity grids. To...