business news
Senate should proceed with Warsh hearings for Fed chair despite Powell probe: Bessent
The Senate should move to advance Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chairman, even as a federal criminal investigation into current chair Jerome Powell continues, Treasury Secretary Scott Bessent said Friday. Bessent, in an interview on CNBC’s “Squawk Box,” said he believes after speaking this week to Republicans on the Senate Banking […]
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Dubai’s DP World replaces CEO after Epstein links emerge
Sultan Ahmed Bin Sulayem of Dubai speaks at a news conference on Nov. 10, 2005 in New York City. Mario Tama | Getty Images News | Getty Images The CEO of Dubai’s largest port has been replaced by the company after details of his past relationship with the late sex offender Jeffrey Epstein were made […]
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Trucking and real estate stocks struggle to gain momentum in premarket after becoming latest victims of AI fears
In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images Investors are anxious heading into the final trading session of the week, after AI concerns gripped equity markets again to trigger a fresh sell-off — this […]
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Stocks making the biggest moves premarket: DraftKings, Applied Materials, Roku, Rivian Automotive and more
Check out the companies making headlines before the bell. DraftKings — Shares fell about 17% after the sports betting operator’s 2026 revenue forecast disappointed. In the fourth quarter, DraftKings earned 25 cents per share on revenue of $1.99 billion. That was better than the LSEG estimate of 15 cents per share in earnings and $1.98 […]
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How packaging and logistics companies are automating their warehouses
DHL Autonomous Robot at work. Source: DHL Workers at DHL Group used to walk close to a half marathon each day just to classify, pick and move items across massive warehouses. Now, their distance and efforts are greatly reduced by autonomous mobile robots that can unload containers for the package delivery and supply chain management […]
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Prices, pipelines and patent cliffs: Inside pharma’s big reset
This earnings season, Europe’s biggest pharma companies posted results ranging from 7% beats to 3% misses — but no one really cared. Instead, drugmakers looked ahead, with 2026 shaping up to be a defining year following a dramatic 2025, and one where the impact from last year’s developments is set to crystallize. “2025 was about […]
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Europe has ‘failed’ in the face of Trump and Putin’s ‘wrecking ball’ politics, top security official says
US President Donald Trump holds a bilateral meeting with European Commission President Ursula Von der Leyen on the sidelines of the United Nations General Assembly in New York City on September 23, 2025. Brendan Smialowski | Afp | Getty Images Europe is “totally on the sidelines” on the global stage as “wrecking ball” politics has […]
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How China’s ‘unruly’ speculators might be fueling the frenzy in gold market
Gold and silver prices rose as U.S. Treasury bond yields fell after December retail sales growth stalled, signaling a softening economy ahead of key jobs data. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Gold’s wild price swings in recent weeks are increasingly being linked to speculative trading in China by some analysts, with […]
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These four charts show how reliant Europe is on U.S. digital infrastructure
As geopolitical tensions between the EU and the U.S. escalate, these charts show how reliant the continent is on American tech providers, despite pledges to become more independent. Since returning to the White House last year, U.S President Donald Trump imposed tariffs on the continent and caused headaches and fear in Europe as he initially […]
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China’s Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year
Key Points Baidu added OpenClaw to its search app for 700 million users. Previously, the AI agent could only be accessed from chat-based apps such as WhatsApp or Telegram. The integration comes as Chinese tech companies compete for new AI users ahead of the Lunar New Year holiday. Source
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