Why is Greece introducing a six-day working week? | Business and Economy News
While some countries in the world are considering a switch to a four-day working week, Greece is swinging in the opposite direction. Its government is…
Tesla ‘robotaxi’ delayed, stock slides
1 of 2 | Elon Musk's Tesla announced Thursday that it is pushing back the release date of its autonomous taxi. File Photo by Jim…
Archegos founder Bill Hwang convicted at fraud trial over fund’s collapse | Business and Economy News
Archegos Capital Management founder Sung Kook “Bill” Hwang has been convicted of fraud and other charges by a jury in a Manhattan federal court at…
Bipartisan Senate proposal would ban stock trading for members of Congress, president
1 of 3 | “Congress should not be here to make a buck,” Sen. Josh Hawley (seen here last month), R-Mo., said Wednesday at a…
Microsoft tells OpenAI it no longer requires observer board spot
OpenAI CEO Sam Altman testifies before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law on Capitol Hill on May 16, 2023. Microsoft said…
Jerome Powell suggests to Congress that Fed will hold on interest rates for now
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. He told the committee on…
Japan's Nikkei index reaches all-time high of 41,580
Feed by forecasts of strong Japanese and United States earnings, Tokyo's Nikkei index closed at an all-time high of 41, 589.17, officials said on Tuesday.…
Orkin unveils new, ‘modern’ uniforms for pest control workers
Orkin unveiled the pest company's new modern take on the classic red and white Orkin shirt for thousands of pest control workers to provide "comfort"…
Texas energy firms assess damage after Hurricane Beryl batters Gulf Coast | Business and Economy News
Beryl made landfall near Texas town on Monday, posing problems for the heart of the US energy sector.The Texas energy industry was evaluating the impact…
David Ellison is taking control of Paramount. Now the real work begins
Tech scion David Ellison battled hard to get Paramount Global.The Skydance Media chief executive first made overtures last summer to Paramount’s non-executive chair, Shari Redstone,…
David Ellison wants to make Paramount ‘media and technology’ company
To compete in today’s tumultuous entertainment industry, Paramount Global will need to evolve into a “media and technology” company, tech scion and soon-to-be Paramount Chief…
Gov. Greg Abbott announces creation of Taxes trade office in Taiwan
Texas Gov. Greg Abbott (L) speaks Sunday during a visit to Taiwan while the region's president, Lai Ching-te, looks on. Photo courtesy of Texas Gov.…
Kris Jenner is the mother of Kardashians
Kris Jenner, photographed in Calabasas on Jan. 15. (Evan Mulling / For The Times) You could make the case that any one of Kris Jenner’s…
What do the IMF and foreign debt have to do with Kenya’s current crisis? | Business and Economy News
Weeks since protests began, determined Kenyans continue going out to voice their frustrations with the government. But when demonstrators first took to the streets in…
Samsung expects more than 1,400% profit jump in Q2 on demand for AI chips
Samsung Electronics estimated Friday that its second-quarter profits increased nearly 15-fold from a year earlier, thanks to demand for memory chips to power artificial intelligence…
Bitcoin, other cryptocurrencies tumble over Mt. Gox payback fears
Cryptocurrencies -- including the king of digital currency, Bitcoin -- suffered a major sell-off this week that extended to Friday with the defunct Mt. Gox…
Streaming giants challenge new Canadian revenue-sharing rules | Business and Economy News
Global streaming companies have said they were challenging new Canadian rules that oblige them to help pay for local news, saying Canada’s federal government had…
‘Despicable Me 4’: Mega Minions dominate July 4th box office
Audiences are going bananas for Universal Pictures’ and Illumination’s “Despicable Me 4.” The latest installment in the popular family film franchise opened to $27 million…
EU imposes tariffs of up to 38% on Chinese electric vehicles | Business and Economy News
Volkswagen, Europe’s biggest carmaker, warns extra duties will not strengthen Europe’s auto industry. The European Union has imposed extra duties of up to 37.6 percent…
McDonald’s cuts breakfast hours in Australia as bird flu hits egg supply | Business and Economy
Fast food giant says it will stop taking breakfast orders from 10:30am instead of midday due to egg supply crunch. McDonald’s restaurants in Australia have…