World
China considers selling TikTok U.S. operations to Musk, Bloomberg reports
Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to […]
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Asia markets open mixed, tracking Wall Street moves that saw investors rotate out of tech
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw […]
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English teacher, server and sommelier are among the fastest-growing roles in Australia, according to LinkedIn
The fastest-growing job in Australia is English teacher, according to LinkedIn’s 2025 “Jobs on the Rise” report. Johnny Greig | E+ | Getty Images Australia’s fastest-growing roles are from the education, travel and hospitality sectors — with titles such as English teacher, server and travel specialist making the top of LinkedIn’s 2025 list of jobs […]
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Tech stocks ruled in 2024. One pro picks 3 under-the-radar ones to play this year
Tech stocks reigned supreme in 2024, with many investors favoring some of the so-called “Magnificent Seven” stocks of Alphabet , Amazon , Apple , Meta Platforms , Microsoft , Nvidia and Tesla , as well as other lesser-known companies. Principal Asset Management’s Martin Frandsen continues to see potential in the Magnificent Seven this year, but […]
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There’s a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Dominika Zarzycka | Nurphoto | Getty Images Technology stocks popular with retail investors tumbled Monday as investors took profits on their 2024 winners and dumped the more speculative names in an environment of rising interest rates. Nvidia slumped 2%. Palantir dropped 4%, while quantum computing winner Rigetti Computing plunged about 33%. Last year’s Nasdaq winner […]
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Quantum computing stocks sell-off accelerates as Zuckerberg becomes latest tech CEO to temper sector enthusiasm
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Quantum computing stocks sold off Monday after Meta Platforms CEO Mark Zuckerberg cautioned that uses for computers with these capabilities remain years away. “I’m […]
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Biden’s total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
US President Joe Biden speaks about student loan debt relief at Madison Area Technical College in Madison, Wisconsin, April 8, 2024. Andrew Caballero-Reynolds | AFP | Getty Images In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers. That relief includes nearly 85,000 […]
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Eli Lilly to buy Scorpion Therapeutics’ cancer therapy for up to $2.5 billion
A sign with the company logo outside the headquarters of Eli Lilly and Company in Indianapolis, Indiana, March 17, 2024. Scott Olson | Getty Images Eli Lilly said on Monday it plans to buy Scorpion Therapeutics’ experimental cancer therapy for up to $2.5 billion in cash to expand its pipeline of cancer treatments. The company […]
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Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan U.S., September 16, 2024. Rebecca Cook | Reuters Cleveland Cliffs is partnering with rival Nucor in a potential bid for U.S. Steel, whose takeover by Japan’s Nippon Steel was just blocked by the White House earlier […]
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Bill Ackman offers to take over real estate developer Howard Hughes for $85 a share
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Bill Ackman’s Pershing Square is forming a new entity to merge with Howard Hughes Holdings, offering current holders of the real estate company $85 a share. “While we are pleased with the […]
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