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Amazon is not happy with Saks

Amazon is putting up a fight over Saks Global's bankruptcy financing plan. Scott Olson/Getty Images; Matthias Balk/picture alliance via Getty Images Amazon is pushing back against Saks Global's bankru...

Jan 15Business InsidereconomicsImpact

Washington sees tariffs as geopolitical tool, US trade chief tells Euronews

The US trade chief also explicitly warned the EU against activating its anti-coercion instrument, an emergency mechanism that would restrict US companies' ability to operate in European markets, calli...

4dEuronewsPoliticsImpact

OpenAI is making more than $1 billion a month from something that has nothing to do with ChatGPT

Sam Altman says OpenAI's API business pulled in more than $1 billion in annual recurring revenue in the past month. Kyle Grillot/Bloomberg—Getty Images/Reuters OpenAI has made more than $1 billi...

1dBusiness InsiderTechnologyImpact

Capitalism as we know it is having an identity crisis — and you're caught in the middle

Getty Images; Tyler Le/BI From Davos to Washington to America's high school classrooms, people are questioning the foundations of our economic system — and we at Business Insider are tracking wh...

2dBusiness InsidereconomicsImpact

Martin Luther King Jr. was talking about a universal basic income before it was cool

Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...

5dBusiness InsidereconomicsImpact

Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

Jan 13Business InsidereconomicsImpact

'Task' versus 'purpose': Nvidia CEO Jensen Huang explains why AI won't kill jobs.

Nvidia CEO Jensen Huang Steve Marcus/REUTERS Nvidia CEO Jensen Huang noted a key difference between tasks and your job's broader purpose. AI automates tasks but preserves the purpose of many jobs in k...

Jan 16Business InsiderTechnology

Amazon braces for another major round of layoffs, 14,000 jobs at risk

Article URL: https://mynorthwest.com/local/amazon-layoffs-14000-jobs-at-risk/4192118 Comments URL: https://news.ycombinator.com/item?id=46748603 Points: 19 # Comments: 4...

5hHacker NewseconomicsImpact

Revolut scraps US merger plans in favour of push for standalone licence

UK-headquartered fintech had hoped to secure a banking charter through buying an American lender...

1dFinancial TimeseconomicsImpact

New Bitcoin Whales Outpace Old Guard in $6B Supply Tug-of-War

New Bitcoin whales now control more value than long-term holders, creating a $6 billion supply overhang that could keep prices choppy....

2dDecryptcryptocurrencyImpact

Swedish Alecta has sold off an estimated $8B of US Treasury Bonds

Article URL: https://www.di.se/nyheter/di-avslojar-alecta-har-dumpat-amerikanska-statspapper/ Comments URL: https://news.ycombinator.com/item?id=46705256 Points: 20 # Comments: 3...

3dHacker NewseconomicsImpact

What a Sony and TCL partnership means for the future of TVs

I'm not sure anyone saw this news coming, but the TV landscape as we know it could change considerably over the next year or two. Sony, the storied Japanese TV brand, has announced that it has signed ...

3dThe VergeTechnologyImpact

Malaysia’s new expat salary rules dubbed ‘ridiculous’, stoking fears of talent drain

An effort to prod Malaysian employers into hiring more locals for white-collar jobs by doubling the minimum salary for foreign staff has caught expatriates cold and stirred anxiety among some firms ov...

4dSouth China Morning PostPoliticsImpact

Ray Dalio warns of banks shying away from fiat, praises gold surging

The hedge fund manager said central banks were not handling fiat in the same way, warning of a breakdown in the global monetary order....

4dCoinTelegrapheconomicsImpact

How much of Trump’s foreign policy is driven by minerals and oil?

Oil industry expert Daniel Yergin argues that the US is desperate to have supply chains independent of China....

6dAl JazeeraPoliticsImpact

Trump announces tariffs on NATO allies for opposing US control of Greenland

President Donald Trump announced that the NATO countries who have sent small contingents of troops to Greenland will be charged a 10% tariff on all goods....

Jan 17ABC NewsPoliticsImpact

Eight European countries face 10% tariff for opposing US control of Greenland

Article URL: https://apnews.com/article/denmark-greenland-us-trump-4ad99ea3975a8b62d37bd04961feda55 Comments URL: https://news.ycombinator.com/item?id=46659651 Points: 9 # Comments: 0...

Jan 17Hacker NewsPoliticsImpact

NYC may reinvest in Israel bonds in defiance of mayor Mamdani’s stance

Comptroller Mark Levine wants to separate politics from investment strategy to boost public pension fund...

Jan 17Financial TimesPoliticsImpact

Beijing launches antitrust investigation into Trip.com ahead of Lunar New Year break

China has opened an antitrust investigation into Trip.com Group, the country’s largest online travel services provider, weeks before hundreds of millions of people on the mainland go away on holiday d...

Jan 14South China Morning PosteconomicsImpact

Point72 sells off stakes of fintech startups to Goldman Sachs and others

Steve Cohen is the owner of the New York Mets. Joe Raedle/Getty Images A new continuation vehicle has acquired stakes in Point72's fintech startups, a press release states. The new fund raised $280 mi...

Jan 14Business InsidereconomicsImpact
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